$42.70

-2.50 (-5.53%)

10/6/2008 4:10 PM

Mid-America Apartment (MAA)

CAPS Rating:

A self-administrated and self-managed real estate investment trust which owns, acquires and operates multifamily apartment communities mainly in the Sunbelt region of the United States.

Rating a stock in CAPS consists of three components:

Your call - Will this stock outperform or underperform the S&P 500? Successful picks are measured in terms of whether or not you were correct and by how many percentage points.

Your time frame - A guideline for other members to see whether your thinking is short or long-term. Time frame is also used to calculate the stock rating, but is not used in the scoring of your pick.

Your pitch - Here's your chance to offer more detailed thoughts, analysis, concerns, or the rationale behind your call. The pitch is optional and may be added later.

Each time you rate a stock, CAPS updates the community intelligence for the company, which may or may not change its CAPS rating. For more information, visit the Help tab at the top of the page.

You aren't currently rating MAA

Add Stock to Watchlist

What the Community Thinks

Total Members

37 Outperforms

15 Underperforms

All-Stars

7 Outperforms

8 Underperforms

Wall Street

5 Outperforms

0 Underperforms

Members bullish on MAA are also bullish on:

Members bearish on MAA are also bearish on:

Ticker Tags

Small Cap (1922), REIT - Diversified (58)
Suggest a tag

Mid-America Apartment At A Glance

Current Price:	$42.70
Last Trade Time:	10/6/2008 4:10 PM
Open:	$44.09
Previous Close:	$45.20
Daily Range:	$41.83 - $44.89
52-Week Range:	$38.28 - $60.66
Volume:	363,348
Market Cap:	$1.40B
P/E Ratio:	79.73
Compare Our Special Broker Offers!

Stock Trends

MAA VS S&P 500 (SPY)

News & Discussion Boards

Other News Headlines for MAA

Mid-America Apartment sets dividend of 61.5 cents
5/21/2008 1:16:00 PM - AP
Analyst upgrades apartment REIT sector
5/19/2008 11:09:00 AM - AP
Market spotlight: Investors pouring money into US REIT funds
5/8/2008 5:31:00 PM - AP
Mid-America Sets Quarterly Dividend
3/19/2008 3:27:00 PM - AP

More Headlines...

Top Bull Pitch

There are no pitches that meet the Top Bull criteria. Explain

If this upsets you, start recommending pitches below!

Top Bear Pitch

There are no pitches that meet the Top Bear criteria. Explain

If this upsets you, start recommending pitches below!

CAPS Members

Show Me:

Sort by:

picks per page. CHANGE

Results 1 - 5 of 5

Recs 0 (MAA) gea1968 (35.09) Submitted: 8/15/08 8:26 PM : Start Price: $53.69 MAA Score: -0.76 fundamentals and momentum ; favorable StockScouter rating Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (MAA) jatava (< 20) Submitted: 5/21/08 10:47 PM : Start Price: $53.39 MAA Score: 4.82 10.000 Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (MAA) challyrocket (77.66) Submitted: 5/17/08 5:38 PM : Start Price: $53.80 MAA Score: 6.04 the end of cheap credit for the housing industry will be a boon for apartments. Would be owners will have to delay buying, forcing them into rentals, driving up prices, i.e. profits for MAA and other related stocks. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (MAA) aaroger (29.56) Submitted: 7/20/07 9:32 AM : Start Price: $50.58 MAA Score: 16.83 65 Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out. Recs 0 (MAA) NetscribeREIT (26.43) Submitted: 2/22/07 5:13 AM : Start Price: $55.31 MAA Score: 5.50 Mid-America Apartment Communities is a real estate investment trust (REIT) that owns and manages apartments in the southeast and south-central United States. The company through its continuous acquisition and development has been able to expand its portfolio to more than forty thousand apartments spread across 13 states. The U.S. housing market has slumped since reaching its peak in 2005. However, apartment market outlook continues to be robust considering factors like expected increase in job growth rate by 1.2% for the coming year. Moreover, mortgage defaults had shoot up sharply owing to 17 straight rate hikes till mid 2006. This has put up a halt on aggressive lending. Endorsing the same, most of the first time homebuyers have no alternative left other than renting option. This has pushed demand for rental house and has resulted elevation in rental by 4.0% to 4.4% across the state. The company through its three-tier market strategy has been able to spread its portfolio across different states. This should enable the company to withstand diverse economic cycles in different states. Moreover, the company has set up its base in areas with nourishing job opportunities; as it has entered in seven of the ten top national markets. The company has been successfully able to complete its renovation of 1,086 apartment units, which has yielded them a rent hike of 17%. A subdued supply pressure should persist in the near future, which should supplement this rising rental rates. The management through new development, redevelopment and core acquisition initiatives expects funds from operation (FFO) for fiscal 2007 to around $3.40 to $3.60 per share, an increase of more than 2% in comparison with last year. Mismatch between demand-supply should aid Mid-America to get the better deal, when matched against market. Report this Post Replies: 0 \| Reply \| Permalink Oops! There appears to be a problem with your comment. Check to see if there's something you left out.
Results 1 - 5 of 5

Wall Street

Results 1 - 5 of 5

picks per page. CHANGE Expand All Pitches Collapse All Pitches

Top Pick	Member Name	Member Rating	Start Date	Call	Time Frame	Start Price	Stock Gain	S&P Gain	Score	Pitch
	TrackRWBaird	95.01	06/30/08		NS	$49.89	-14.42%	-18.14%	+3.72
	TrackRichAster	98.41	06/17/08		1Y	$57.02	-25.12%	-23.52%	-1.60
	TrackBBTCapMkts	88.62	04/02/08		NS	$52.37	-18.47%	-23.78%	+5.31
	TrackZacks	79.37	06/21/07		3M	$50.15	-14.85%	-31.10%	+16.25
	TrackRyanBeck	58.40	08/07/06		NS	$53.14	-19.64%	-18.12%	-1.52

Results 1 - 5 of 5

Beat this Stock

Clicking "Beat this Stock!" will bring you to a company with a higher rating than the one you're currently viewing.

Even though CAPS shows only one- to five-star rankings, behind the scenes, all companies in CAPS have a distinct numerical ranking. In other words, there is a No. 1 stock in CAPS and a worst-ranked stock in CAPS. When you arrive at the top-ranked stock, clicking "Beat this Stock!" will cause the page to refresh.

That is, until there is a new No. 1 stock!

These companies do not represent formal Motley Fool recommendations. Please do your own due diligence before investing. Fool on.