Moving Stock: Mid-America Apartment Communities Inc.(MAA)

Company Profile:

Mid-America Apartment Communities Inc. is a self-administered real estate investment trust (REIT) and member of the S&P Mid Cap 400 index. MAA currently owns or has ownership interest in apartment communities throughout the Southeast and Southwest regions of the U.S. focused on delivering full-cycle and strong investment performance. Mid-America Apartment Communities, Inc. was founded in 1977 and is based in Memphis, Tennessee.

Recent News:

Shares of Mid-America Apartment Communities have been given a consensus recommendation of “Buy” by the sixteen ratings firms that are covering the stock.

Mid-America Apartment Communities announced that its board of directors approved a quarterly common dividend of $0.77 per share payable on July 31, 2015 to shareholders of record on July 15, 2015.

Mid-America Apartment Communities last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.03. The company had revenue of $257.81 million for the quarter, compared to the consensus estimate of $252.78 million.

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

MAA’s strengths can be seen in its better growth and strong profitability. Its revenue have increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in MACD and Stochastic Oscillator. RSI is increasing to 54.76. The current P/E ratio indicates it is undervalued compared to the average P/E ratio of the industry. We rate Mid-America Apartment Communities Inc.(MAA) a Strong BUY.