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Mid-America Apartment (MAA) Hit By Raymond James Downgrade; SJW Has 0.98 Sentiment

Among 19 analysts covering Mid-America Apartment Communities (NYSE:MAA), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Mid-America Apartment Communities has $120.0 highest and $84 lowest target. $103.97’s average target is 1.07% above currents $102.87 stock price. Mid-America Apartment Communities had 68 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Tuesday, October 20 by Raymond James. The stock of Mid-America Apartment Communities, Inc. (NYSE:MAA) has “Neutral” rating given on Friday, January 22 by Suntrust Robinson. Raymond James downgraded the shares of MAA in report on Wednesday, November 29 to “Market Perform” rating. RBC Capital Markets maintained Mid-America Apartment Communities, Inc. (NYSE:MAA) on Friday, July 14 with “Buy” rating. On Tuesday, December 13 the stock rating was upgraded by RBC Capital Markets to “Outperform”. On Tuesday, September 15 the stock rating was initiated by JMP Securities with “Market Perform”. The stock of Mid-America Apartment Communities, Inc. (NYSE:MAA) has “Buy” rating given on Friday, September 8 by BTIG Research. As per Monday, November 27, the company rating was downgraded by BMO Capital Markets. SunTrust upgraded Mid-America Apartment Communities, Inc. (NYSE:MAA) on Friday, August 19 to “Buy” rating. Suntrust Robinson upgraded Mid-America Apartment Communities, Inc. (NYSE:MAA) on Friday, August 19 to “Buy” rating.

SJW Group, through its subsidiaries, provides water utility services in the United States. The company has market cap of $1.42 billion. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water. It has a 25.89 P/E ratio. The firm also provides non-tariffed services, including water system operations, maintenance agreements, and antenna site leases.

The stock increased 1.54% or $1.05 during the last trading session, reaching $69.11. About 11,700 shares traded. SJW Group (SJW) has risen 43.57% since November 30, 2016 and is uptrending. It has outperformed by 26.87% the S&P500.

Water Asset Management Llc holds 5.53% of its portfolio in SJW Group for 262,381 shares. Copper Rock Capital Partners Llc owns 429,579 shares or 1.54% of their US portfolio. Moreover, Cutter & Co Brokerage Inc. has 1.49% invested in the company for 77,181 shares. The California-based Messner & Smith Theme Value Investment Management Ltd Ca has invested 0.66% in the stock. Teton Advisors Inc., a New York-based fund reported 98,904 shares.

Analysts await SJW Group (NYSE:SJW) to report earnings on February, 28. They expect $0.44 EPS, down 34.33% or $0.23 from last year’s $0.67 per share. SJW’s profit will be $9.03M for 39.27 P/E if the $0.44 EPS becomes a reality. After $0.94 actual EPS reported by SJW Group for the previous quarter, Wall Street now forecasts -53.19% negative EPS growth.

Analysts await Mid-America Apartment Communities, Inc. (NYSE:MAA) to report earnings on February, 7. They expect $1.49 earnings per share, down 0.67% or $0.01 from last year’s $1.5 per share. MAA’s profit will be $175.56 million for 17.26 P/E if the $1.49 EPS becomes a reality. After $1.50 actual earnings per share reported by Mid-America Apartment Communities, Inc. for the previous quarter, Wall Street now forecasts -0.67% negative EPS growth.

Mid-America Apartment Communities, Inc. is an independent real estate investment trust. The company has market cap of $12.12 billion. The firm invests in the real estate markets of the United States. It has a 47.56 P/E ratio. It is engaged in acquisition, redevelopment, new development, property management, and disposition of multifamily apartment communities.

The stock increased 0.61% or $0.62 during the last trading session, reaching $102.87. About 139,800 shares traded. Mid-America Apartment Communities, Inc. (NYSE:MAA) has risen 0.92% since November 30, 2016 and is uptrending. It has underperformed by 15.78% the S&P500.

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