It has a 72.33 P/E ratio. It operates through three segments: Large market same store, Secondary market same store and Non-Same Store and Other. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company's stock. The rating was maintained by Canaccord Genuity with "Buy" on Thursday, August 10. Raymond James Financial reaffirmed a "market perform" rating on shares of Mid-America Apartment Communities in a report on Wednesday. As per Wednesday, November 2, the company rating was maintained by Wunderlich. Preferred Apartment Communities had a return on equity of 2.78% and a net margin of 10.49%. equities analysts anticipate that Preferred Apartment Communities will post 1.45 EPS for the current fiscal year. They expect $0.01 EPS, down 94.74% or $0.18 from last year's $0.19 per share. The real estate investment trust reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.31) by ($0.18).
Investors sentiment increased to 2.59 in Q2 2017. The real estate investment trust reported $1.00 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.61. It is negative, as 37 investors sold CNP shares while 160 reduced holdings. 49 funds opened positions while 138 raised stakes. (NYSE:APTS). 13,080 are owned by Citadel Ltd Liability. Amer Grp holds 0% or 18,937 shares in its portfolio. 65,435 were accumulated by Morgan Stanley. Assetmark holds 647 shares. Deutsche Bank maintained CenterPoint Energy, Inc. The company has a market cap of $697.15, a PE ratio of 15.16, a PEG ratio of 2.14 and a beta of 0.42. Bluecrest Limited invested 0.01% in CenterPoint Energy, Inc. Cibc Asset Management invested in 11,152 shares. SunTrust Banks restated a buy rating and issued a $109.00 target price on shares of Mid-America Apartment Communities in a research note on Friday, November 3rd. Jpmorgan Chase And, New York-based fund reported 529,073 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% stake. 20,420 were reported by Eagle Glob Advsr Ltd Company. Manufacturers Life Ins The accumulated 11,312 shares. (NYSE:MAA) news were published by: Seekingalpha.com which released: "Mid-America Apartment Communities Inc.: Buy, Don't Rent This REIT" on July 26, 2017, also Seekingalpha.com with their article: "Mid-America Apartment down 3% after Q3 report" published on October 26, 2017, Seekingalpha.com published: "Mid-America Apartment Communities' (MAA) CEO Eric Bolton on Q3 2017 Results ..." on October 28, 2017. Therefore 53% are positive. Finally, ValuEngine upgraded Preferred Apartment Communities from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 1st. On Monday, August 14 the stock rating was maintained by Jefferies with "Buy". Finally, Robert W. Baird reiterated a "buy" rating and set a $110.00 target price on shares of Mid-America Apartment Communities in a research note on Friday, November 10th. Compass Point downgraded it to "Neutral" rating and $12 target in Wednesday, March 9 report. The firm has "Hold" rating given on Tuesday, May 30 by FBR Capital. On Tuesday, December 13 the stock rating was upgraded by RBC Capital Markets to "Outperform".
Mid-America Apartment Communities, Inc. (NYSE:MAA) opened at $102.84 on Friday. (NYSE:CNP) on Thursday, May 12 with "Hold" rating. Its down 0.10, from 1.17 in 2017Q1. Also, Director David P. Stockert sold 6,872 shares of the stock in a transaction that occurred on Wednesday, September 6th. Schnieders Capital Management Llc owns 219,020 shares or 1.6% of their USA portfolio. Martingale Asset Mngmt Lp accumulated 0.03% or 129,422 shares. This is an increase from Preferred Apartment Communities's previous quarterly dividend of $0.22.
Fort Washington Investment Advisors Inc decreased Centerpoint Energy Inc (CNP) stake by 30.26% reported in 2017Q2 SEC filing. Strs Ohio has invested 0% in Preferred Apartment Communities, Inc. (NYSE:APTS). Goldman Sachs Gru holds 93,198 shares or 0% of its portfolio. Tcw Group holds 20,756 shares. ICM Asset Management Inc. Rhumbline Advisers owns 40,020 shares or 0% of their U.S. portfolio. Cleararc Capital invested in 10,579 shares or 0.05% of the stock. New York-based Bankshares Of Ny Mellon Corp has invested 0% in Preferred Apartment Communities, Inc. Texas Permanent School Fund has invested 0.04% in Mid-America Apartment Communities, Inc. (NYSE:MAA) for 73,980 shares.
Mid-America Apartment Communities, Inc.is an independent real estate investment trust. (NYSE:MAA). Delta Asset Limited Liability Com Tn has 8,300 shares for 0.14% of their portfolio. Wellington Mgmt Llp accumulated 82,918 shares or 0% of the stock. Royal Commercial Bank Of Canada holds 0.08% of its portfolio in Mid-America Apartment Communities, Inc. Emerson Elec Co (NYSE:EMR) was reduced too.