We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Mid-America Apartment Communities (MAA) Moves 5.3% Higher: Will This Strength Last?
Read MoreHide Full Article
Mid-America Apartment Communities (MAA - Free Report) shares rallied 5.3% in the last trading session to close at $157.85. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 9.1% loss over the past four weeks.
The increased investor optimism in the stock can be attributed to President Donald Trump’s recent announcement to put a 90-day pause on the reciprocal tariff for most countries.
This real estate investment trust is expected to post quarterly funds from operation (FFO) of $2.17 per share in its upcoming report, which represents a year-over-year change of -2.3%. Revenues are expected to be $552.49 million, up 1.6% from the year-ago quarter.
While FFO and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in FFO estimate revisions and near-term stock price movements.
For Mid-America Apartment Communities, the consensus estimate for FFO per share for the quarter has been revised marginally lower over the last 30 days to the current level. A negative trend in FFO estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on MAA going forward to see if this recent jump can turn into more strength down the road.
Mid-America Apartment Communities is part of the Zacks REIT and Equity Trust - Residential industry. Equity Residential (EQR - Free Report) , another stock in the same industry, closed the last trading session 8.2% higher at $66.86. EQR has returned -11.4% in the past month.
For Equity Residential, the consensus estimate for FFO per share for the upcoming report has changed -0.3% over the past month to $0.93. This represents no change from what the company reported a year ago. Equity Residential currently has a Zacks Rank of #3 (Hold).
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Mid-America Apartment Communities (MAA) Moves 5.3% Higher: Will This Strength Last?
Mid-America Apartment Communities (MAA - Free Report) shares rallied 5.3% in the last trading session to close at $157.85. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 9.1% loss over the past four weeks.
The increased investor optimism in the stock can be attributed to President Donald Trump’s recent announcement to put a 90-day pause on the reciprocal tariff for most countries.
This real estate investment trust is expected to post quarterly funds from operation (FFO) of $2.17 per share in its upcoming report, which represents a year-over-year change of -2.3%. Revenues are expected to be $552.49 million, up 1.6% from the year-ago quarter.
While FFO and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in FFO estimate revisions and near-term stock price movements.
For Mid-America Apartment Communities, the consensus estimate for FFO per share for the quarter has been revised marginally lower over the last 30 days to the current level. A negative trend in FFO estimate revisions doesn't usually translate into price appreciation. So, make sure to keep an eye on MAA going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Mid-America Apartment Communities is part of the Zacks REIT and Equity Trust - Residential industry. Equity Residential (EQR - Free Report) , another stock in the same industry, closed the last trading session 8.2% higher at $66.86. EQR has returned -11.4% in the past month.
For Equity Residential, the consensus estimate for FFO per share for the upcoming report has changed -0.3% over the past month to $0.93. This represents no change from what the company reported a year ago. Equity Residential currently has a Zacks Rank of #3 (Hold).