With 0.97 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.93 million shares. The 52-week range on MAA shows that it touched its highest point at $173.38 and its lowest point at $126.73 during that stretch. It currently has a 1-year price target of $170.52. With its current market cap of 19.33 billion, MAA has annualized dividend of $5.93 while the current yield stands at 3.68%. Beta for the stock currently stands at 0.78.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MAA was down-trending over the past week, with a drop of -0.47%, but this was up by 3.88% over a month. Three-month performance surged to 2.49% while six-month performance rose 0.56%. The stock gained 18.28% in the past year, while it has gained 4.10% so far this year. A look at the trailing 12-month EPS for MAA yields 4.80 with Next year EPS estimates of 4.02. For the next quarter, that number is 0.99. This implies an EPS growth rate of -11.07% for this year and -2.38% for next year. EPS is expected to decline by -1.48% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.89%.
Float and Shares Shorts:
At present, 116.92 million MAA shares are outstanding with a float of 116.00 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MAA since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.10069 being high and $4.07314 being low. For MAA, this leads to a yearly average estimate of $4.08232. Based on analyst estimates, the high estimate for the next quarter is $0.91 and the low estimate is $0.91. The average estimate for the next quarter is thus $0.91.
