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Mid-America Apartment Communities (MAA)
NYSE:MAA
Mid-America Apartment (MAA) Stock Price & Analysis
587 Followers
MAA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$113.01 - $151.97
Previous Close$133
Volume1.07M
Average Volume (3M)790.58K
Market Cap
$15.95B
Enterprise Value$20.66B
Total Cash (Recent Filing)$41.31M
Total Debt (Recent Filing)$4.54B
Price to Earnings (P/E)27.9
Beta0.93
Next Earnings
Jul 24, 2024EPS Estimate
$1.03Last Dividend Ex-Date
Apr 12, 2024Dividend Yield4.36%
Share Statistics
EPS (TTM)4.77
Shares Outstanding116,826,006
10 Day Avg. Volume885,717
30 Day Avg. Volume790,578
Standard Deviation0.06
R-Squared0.44
Alpha-0.00067
Financial Highlights & Ratios
Price to Book (P/B)2.52
Price to Sales (P/S)7.23
Price to Cash Flow (P/CF)-6.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.62
Enterprise Value/Gross Profit9.62
Enterprise Value/Ebitda21.81
Forecast
1Y Price Target
$138.38Price Target Upside4.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Mid-America Apartment News
PremiumCompany Announcements
Mid-America Apartment Communities Offers Informal Investor Insights
Bulls 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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Ownership Overview
1.77% Insiders
28.09% Mutual Funds
30.74% Other Institutional Investors
39.40% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MAA FAQ
What was Mid-America Apartment Communities’s price range in the past 12 months?
Mid-America Apartment Communities lowest stock price was $113.00 and its highest was $151.97 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 76 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 $1.22 earnings per share for the quarter, beating the consensus estimate of $1.027 by $0.193.
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 $1.47 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 $1.03.
How many shares outstanding does Mid-America Apartment Communities have?
Mid-America Apartment Communities has 116,826,004 shares outstanding.
What happened to Mid-America Apartment Communities’s price movement after its last earnings report?
Mid-America Apartment Communities reported an EPS of $1.22 in its last earnings report, beating expectations of $1.027. Following the earnings report the stock price went up 0.812%.
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:
$138.38 (4.05% Upside)
$138.38 (4.05% Upside)
Blogger Sentiment
Bullish
MAA Sentiment 87%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 185.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 2.1%
Last 30 Days ▲ 2.1%
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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MAA Earnings Call
Q1 2024
0:00 / 0:00
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MAA Revenue Breakdown
94.24% Same Store
5.76% Non-Same Store and Other
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MAA Stock 12 Month Forecast
Average Price Target
$138.38
▲(4.05% Upside)
Technical Analysis
Best Analysts Covering MAA
1 Year
1 Year Success Rate
10/26 ratings generated profit
1 Year Average Return
+2.57%
reiterated a buy rating 7 days ago
Copying Michael Lewis's trades and holding each position for 1 Year would result in 38.46% of your transactions generating a profit, with an average return of +2.57% per trade.
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