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Mid-America Apartment Communities (MAA)
NYSE:MAA
Holding MAA?
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MAA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$121.51 - $167.39
Previous Close$153.4
Volume2.37M
Average Volume (3M)667.16K
Market Cap
$18.40B
Enterprise Value$23.43B
Total Cash (Recent Filing)$50.23M
Total Debt (Recent Filing)$4.88B
Price to Earnings (P/E)34.6
Beta0.82
Next Earnings
Jan 29, 2025EPS Estimate
$1.02Next Dividend Ex-Date
Jan 15, 2025Dividend Yield3.83%
Share Statistics
EPS (TTM)4.43
Shares Outstanding116,880,291
10 Day Avg. Volume894,155
30 Day Avg. Volume667,159
Standard Deviation0.07
R-Squared0.49
Alpha-0.00292
Financial Highlights & Ratios
Price to Book (P/B)3.01
Price to Sales (P/S)8.00
Price to Cash Flow (P/CF)14.10
P/FCF Ratio26.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.73
Enterprise Value/Gross Profit31.35
Enterprise Value/Ebitda16.38
Forecast
1Y Price Target
$166.90Price Target Upside8.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Mid-America Apartment News
PremiumCompany Announcements
Mid-America Apartment Announces $350M Senior Notes Offering
PremiumCompany Announcements
Mid-America Apartment Announces Leadership Transition for 2025PremiumCompany Announcements
Mid-America Apartment Highlights Strong Portfolio StrategyBulls Say, Bears Say
Bulls Say
Financial PerformanceThe company reported core FFO numbers of $2.21 which was three cents higher than consensus and two cents higher than analyst numbers.
Supply And Demand DynamicsSupply/demand fundamentals will be heavily weighted toward apartment owners in the Sunbelt, such as MAA, as new supply is not likely to return quickly and demographic shifts favor the region.
Technological AdvancementsMAA completed installation of Smart Home technology in over 94K units across its apartment community portfolio providing an increase in average effective rent per unit of approximately $25 since the initiative began.
Bears Say
Financial PerformanceMAA's same store portfolio property operating revenues were flat, while expenses increased by 3.0% and NOI decreased by 1.7%, in each case as compared to the same period in the prior year.
Lease PricingLease pricing for new leases in the Same Store Portfolio decreased by 5.4% due to new supply pressures.
Revenue GuidanceThe midpoint of '24 same-store revenue and expense guidance was lowered.
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Ownership Overview
0.66% Insiders
29.73% Mutual Funds
19.58% Other Institutional Investors
20.17% 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 $121.51 and its highest was $167.39 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 Jan 29, 2025 which is in 38 days.
How were Mid-America Apartment Communities’s earnings last quarter?
Mid-America Apartment Communities released its earnings results on Oct 30, 2024. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $1.013 by -$0.063.
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 $1.514 which represents an annual dividend yield of 3.83%. 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 $1.02.
How many shares outstanding does Mid-America Apartment Communities have?
Mid-America Apartment Communities has 116,880,295 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 $0.95 in its last earnings report, missing expectations of $1.013. Following the earnings report the stock price went down -0.532%.
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 Diamond Hill Capital Management Inc. It holds Mid-America Apartment Communities’s shares valued at 86M.
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Mid-America Apartment Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$166.90 (8.80% Upside)
$166.90 (8.80% Upside)
Blogger Sentiment
Bullish
MAA Sentiment 88%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 2.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 5.7%
Last 30 Days ▼ 5.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
21.13%
12-Months-Change
Fundamentals
Return on Equity
8.61%
Trailing 12-Months
Asset Growth
3.29%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with strong operational performance and strategic growth offset by challenges in specific markets and pressures from new supply deliveries. The company is optimistic about future growth opportunities with moderating supply pressures.Read More>---
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
$166.90
▲(8.80% Upside)
Technical Analysis
Best Analysts Covering MAA
1 Year
1 Year Success Rate
13/20 ratings generated profit
1 Year Average Return
+11.89%
upgraded a buy rating 2 months ago
Copying Buck Horne's trades and holding each position for 1 Year would result in 65.00% of your transactions generating a profit, with an average return of +11.89% per trade.
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