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Mid-America Apartment Communities (DE:M2K)
FRANKFURT:M2K
Mid-America Apartment (M2K) Stock Price & Analysis
0 Followers
M2K Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€106.56 - €138.07
Previous Close€122.65
Volume0.00
Average Volume (3M)19.00
Market Cap
€14.81B
Enterprise Value€19.20B
Total Cash (Recent Filing)$41.31M
Total Debt (Recent Filing)$4.54B
Price to Earnings (P/E)N/A
Beta0.56
Next Earnings
Jul 24, 2024EPS Estimate
€0.96Last Dividend Ex-Date
Apr 12, 2024Dividend Yield4.36%
Share Statistics
EPS (TTM)N/A
Shares Outstanding116,826,006
10 Day Avg. Volume2
30 Day Avg. Volume19
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.52
Price to Sales (P/S)6.63
Price to Cash Flow (P/CF)-6.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.94
Enterprise Value/Gross Profit8.94
Enterprise Value/Ebitda20.27
Forecast
1Y Price Target
€128.88Price Target Upside5.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Mid-America Apartment News
PremiumCompany Announcements
Mid-America Apartment Communities Reports April 2024 Operational Insights
PremiumPress Releases
MAA REPORTS FIRST QUARTER 2024 RESULTSBulls Say, Bears Say
Bulls Say
Analyst RatingAnalyst maintains Market Outperform rating and $145 price target on shares of Mid-America Apartment Communities.
Financial PerformanceMid-America Apartment Communities is trading at a discount, suggesting potential for price appreciation.
Operational StrengthOccupancy increased sequentially in April to 95.5% while renewal rates accelerated.
Bears Say
Earnings GuidanceManagement provided initial FY24 Core FFO guidance of $8.88 at the midpoint, below consensus and our expectations of $9.09 per share.
Financial PerformanceSame-store revenues faced challenges, resulting in NOI shrinking by 0.7% year-over-year.
Market DynamicsNew construction deliveries are high in Southeast cities, leading to sluggish supply-demand fundamentals for the rest of the year.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
2.75% Other Institutional Investors
97.25% Public Companies and
Individual Investors
M2K FAQ
What was Mid-America Apartment Communities’s price range in the past 12 months?
Mid-America Apartment Communities lowest stock price was €106.56 and its highest was €138.07 in the past 12 months.
What is Mid-America Apartment Communities’s market cap?
Currently, no data Available
When is Mid-America Apartment Communities’s upcoming earnings report date?
Mid-America Apartment Communities’s upcoming earnings report date is Jul 24, 2024 which is in 79 days.
How were Mid-America Apartment Communities’s earnings last quarter?
Mid-America Apartment Communities released its earnings results on May 01, 2024. The company reported €1.139 earnings per share for the quarter, beating the consensus estimate of €0.958 by €0.18.
Is Mid-America Apartment Communities overvalued?
According to Wall Street analysts Mid-America Apartment Communities’s price is currently Undervalued.
Does Mid-America Apartment Communities pay dividends?
Mid-America Apartment Communities pays a Quarterly dividend of €1.37 which represents an annual dividend yield of 4.36%. See more information on Mid-America Apartment Communities dividends here
What is Mid-America Apartment Communities’s EPS estimate?
Mid-America Apartment Communities’s EPS estimate is €0.96.
How many shares outstanding does Mid-America Apartment Communities have?
Currently, no data Available
What happened to Mid-America Apartment Communities’s price movement after its last earnings report?
Mid-America Apartment Communities reported an EPS of €1.139 in its last earnings report, beating expectations of €0.958. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Mid-America Apartment Communities?
Among the largest hedge funds holding Mid-America Apartment Communities’s share is Blackstone Inc.. It holds Mid-America Apartment Communities’s shares valued at 278M.
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Mid-America Apartment Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€128.88 (5.08% Upside)
€128.88 (5.08% Upside)
Blogger Sentiment
Bullish
DE:M2K Sentiment 87%
Sector Average 67%
Sector Average 67%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-7.28%
12-Months-Change
Fundamentals
Return on Equity
9.12%
Trailing 12-Months
Asset Growth
1.04%
Trailing 12-Months
Company Description
Mid-America Apartment Communities
Mid-America Apartment Communities, Inc. is a real estate investment trust. The firm engages in the operation, acquisition and development of apartment communities. It operates through the following segments: Same Store Communities and Non-Same Store and Other. The Same Store Communities segment focuses on communities that the company has owned. The Non-Same Store and Other segment include recent acquisitions, communities in development or lease-up. The company was founded in 1994 and is headquartered in Memphis, TN.
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M2K Earnings Call
Q1 2024
0:00 / 0:00
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M2K Revenue Breakdown
94.24% Same Store
5.76% Non-Same Store and Other
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M2K Stock 12 Months Forecast
Average Price Target
€128.88
▲(5.08% Upside)
Technical Analysis
Mid-America Apartment
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Apartment Investment & Management
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Equity Residential
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Essex Property
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AvalonBay
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Best Analysts Covering M2K
1 Year
1 Year Success Rate
4/9 ratings generated profit
1 Year Average Return
-4.39%
reiterated a buy rating 4 days ago
Copying Aaron Hecht's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of -4.39% per trade.
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