Commonwealth Equity Services and State of Alaska Department of Revenue have trimmed their stakes in Mid-America Apartment Communities Inc. (NYSE:MAA), whereas Allspring Global Investments Holdings, Gilman Hill Asset Management and Van ECK Associates have raised their stakes. The company is facing competitive headwinds including oversupply and falling rents in some markets. Yet, Truist Financial has given MAA a new price target of $156. MAA stock has underperformed compared to its competitors on some days, yet outperformed on strong trading days. The company has announced quarterly common and preferred dividends. MAA has experienced a Full Funds From Operations (FFO) drop previously but it has a predicted upside of over 15% annually. However, a new risk has been added to MAA's stock. Despite the tough economic climate, MAA shows optimism with the top apartment deal in North Carolina's largest city.
Mid-America Apartment Communities MAA News Analytics from Thu, 13 Jan 2022 08:00:00 GMT to Sun, 07 Jul 2024 11:27:20 GMT -
Rating 4
- Innovation 3
- Information 7
- Rumor -4
