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Mid-America Apartment Communities (MAA)
NYSE:MAA
Mid-America Apartment (MAA) Stock Price & Analysis
618 Followers
MAA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$111.82 - $149.65
Previous Close$143.7
Volume497.59K
Average Volume (3M)643.49K
Market Cap
$17.24B
Enterprise Value$22.01B
Total Cash (Recent Filing)$54.60M
Total Debt (Recent Filing)$4.62B
Price to Earnings (P/E)30.1
Beta0.97
Next Earnings
Jul 31, 2024EPS Estimate
$1.01Last Dividend Ex-Date
Jul 15, 2024Dividend Yield3.99%
Share Statistics
EPS (TTM)4.77
Shares Outstanding116,826,006
10 Day Avg. Volume595,819
30 Day Avg. Volume643,489
Standard Deviation0.06
R-Squared0.48
Alpha-0.00298
Financial Highlights & Ratios
Price to Book (P/B)2.69
Price to Sales (P/S)7.67
Price to Cash Flow (P/CF)15.50
P/FCF Ratio173.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.18
Enterprise Value/Gross Profit27.00
Enterprise Value/Ebitda32.48
Forecast
1Y Price Target
$142.87Price Target Upside-1.49% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Mid-America Apartment News
PremiumCompany Announcements
Mid-America Apartment Unveils Investor Presentation Update
Bulls Say, Bears Say
Bulls Say
Leasing TrendsLeasing trends continue to improve as MAA moved into prime leasing season.
Supply And DemandNew supply is starting to subside, setting up MAA for another period of significant rental rate increases.
ValuationThe stock is currently trading at a discounted valuation, making it undervalued.
Bears Say
April Lease PricingApril new lease pricing remained broadly negative at -6.1% leading to -0.4% blended lease rates.
Lease PricingLease pricing for new leases in the Same Store Portfolio decreased by 6.2% due to new supply pressures and seasonal factors.
Leasing SpreadsLeasing spreads on new leases decreased by 6.2% with renewals remaining strong at 5.0% growth, resulting in blended lease growth of (0.6%).
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Ownership Overview
1.78% Insiders
29.48% Mutual Funds
29.80% Other Institutional Investors
38.94% 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 $111.82 and its highest was $149.65 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 31, 2024 which is in 8 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 Overvalued.
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 3.99%. 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 $1.01.
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 272M.
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Mid-America Apartment Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$142.87 (-1.49% Downside)
$142.87 (-1.49% Downside)
Blogger Sentiment
Bullish
MAA Sentiment 91%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 242.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $13.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.86%
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
$142.87
▼(-1.49% Downside)
Technical Analysis
Best Analysts Covering MAA
1 Year
1 Year Success Rate
5/7 ratings generated profit
1 Year Average Return
+5.84%
reiterated a sell rating 2 months ago
Copying Michael Goldsmith's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +5.84% per trade.
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