|Bid||134.88 x 800|
|Ask||134.92 x 800|
|Day's Range||134.74 - 135.81|
|52 Week Range||91.21 - 140.15|
|Beta (3Y Monthly)||0.29|
|PE Ratio (TTM)||58.71|
|Earnings Date||Jan 28, 2020 - Feb 3, 2020|
|Forward Dividend & Yield||3.84 (2.84%)|
|1y Target Est||138.27|
Downtown Orlando has a 7% retail vacancy rate, according to Colliers International Central Florida, which is higher than the Orlando-area average of 5.5%.
Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced a full quarterly dividend of $1.0625 per outstanding share of its 8.50% Series I Cumulative Redeemable Preferred Stock. The dividend is payable on December 31, 2019 to shareholders of record on December 16, 2019.
Real estate investment trusts (REITs) - companies that invest in a variety of properties, from office buildings to apartments and self-storage buildings - built big gains in 2019.A prominent REIT gauge, the FTSE Nareit All Equity REIT Index, gained 25.4% through Nov. 21 (including dividends), with many of the best REITs doing far better. In contrast, the small-cap Russell 2000 Index (used for comparison because the majority of REITs are smaller companies) has gained 18.9%.Of course, people don't ordinarily invest in REITs to beat the stock market averages. They invest in them for income. By law, REITs must pay out at least 90% of their net earnings as dividends. The average REIT in the FTSE index delivers a dividend yield of 3.6%, compared with 1.8% for both the bellwether 10-year Treasury note and the S&P; 500\. When the yield of bonds and stocks are so low, REITs become extremely popular.Real estate also provides diversification. While REITs are still stocks, they don't always move in the same direction as the broad market. And their above-average dividend yields are a nice shelter in a downturn.While you can invest in a real estate fund, such as the Vanguard Real Estate ETF (VNQ), there are plenty of good individual REITs to buy, many of which offer high yields and reasonable valuations, despite the sector's towering heights this year. "REITs are not a homogenous group," says Chris Kuiper, equity analyst at CFRA Research. In just the past year, REITs have a performance difference of 160 percentage points.Which ones have the top prospects for the future? Read on as we examine the 10 best REITs to buy for 2020. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
A New York developer wants a construction permit for the second phase of X Orlando, its estimated $270 million, three-tower, 889-unit project in downtown Orlando, further showing that one of downtown's biggest residential projects actually may rise out of the ground. Meanwhile, a $14.7 million permit has yet to be issued for the first tower of X Orlando at 434 N. Orange Ave., according to city of Orlando data. Commercial construction permits can take several months to go through the approval process.
Mid-America Apartment (MAA) intends to use proceeds from the note offering to repay balance under its commercial paper program, as well as fund acquisitions, development and redevelopment endeavors.
GERMANTOWN, Tenn., Nov. 18, 2019 /PRNewswire/ -- Mid-America Apartment Communities, Inc. (MAA) today announced that its operating partnership, Mid-America Apartments, L.P. ("MAALP") priced a $300 million offering of MAALP's 2.750% senior unsecured notes due 2030 (the "Notes") under its existing shelf registration statement. The closing of the offering is expected to occur on November 26, 2019, subject to the satisfaction of customary closing conditions. MAALP intends to use net proceeds from the offering to repay a portion of the borrowings outstanding under its unsecured commercial paper program, and for general corporate purposes, which may include, without limitation, the repayment of other debt and the acquisition, development and redevelopment of apartment communities.
Without getting embroiled in the pros vs. cons of immigration, it makes sense to look at it from a business point of view -- and focus on the investing opportunities that have emerged from the influx of immigrants into the U.S., notes Nancy Zambell, editor of Cabot Wealth Network.
Some Mid-America Apartment Communities, Inc. (NYSE:MAA) shareholders may be a little concerned to see that the...
A pair of downtown apartment high-rises — which will reshape the skyline and bring hundreds of residents to the urban core — remain mired in the city of Orlando's permitting department. Both proposed towers likely will be the next two projects to break ground in downtown Orlando, where more than $2 billion in commercial development has been proposed. An $81 million building permit has yet to be issued for the 11-story, 368-unit Orange and Robinson Apartments at 336 N. Orange Ave., according to city of Orlando data.
Mid-America Apartment Communities (MAA) delivered FFO and revenue surprises of -1.29% and 1.07%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
GERMANTOWN, Tenn. , Oct. 30, 2019 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended September 30, 2019. Net Income Available ...
Mid-America Apartment (MAA) Q3 results likely to reflect gains from high demand for residential properties and a strategic redevelopment program amid elevated supply of new units in certain markets.
SL Green Realty's (SLG) latest move to acquire Manhattan office property offers it repositioning scope and value-creating opportunities through effective capital improvements.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […]
Equity Residential's (EQR) Q3 performance will likely reflect benefits from healthy rental housing demand that would support occupancy level, though high supply might have curbed its pricing power.
The Zacks Analyst Blog Highlights: Mid-America Apartment, Essex Property Trust, Equity Residential, Equity LifeStyle and Agree Realty
The trade war intensifies with blacklisting of 28 Chinese companies and imposition of visa restrictions. Thus, investing in REITs seems to be a safer option as of now.
Mid-America Apartment Communities, Inc. (NYSE:MAA) is about to trade ex-dividend in the next 3 days. This means that...
HCP's mutually-beneficial agreement with Brookdale reduces the operator's concentration in the company's portfolio to 8% and enables transitions to Life Care Services under a highly-incentivized contract.
GERMANTOWN, Tenn. , Oct. 2, 2019 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the company expects to release its third quarter 2019 results on Wednesday, October 30, 2019 after market close and ...