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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$121.38 - $167.39
Previous Close$158.53
Volume507.10K
Average Volume (3M)688.39K
Market Cap
$19.02B
Enterprise Value$24.05B
Total Cash (Recent Filing)$50.23M
Total Debt (Recent Filing)$4.88B
Price to Earnings (P/E)35.8
Beta0.81
Next Earnings
Jan 29, 2025EPS Estimate
$1.04Last Dividend Ex-Date
Oct 15, 2024Dividend Yield3.73%
Share Statistics
EPS (TTM)4.43
Shares Outstanding116,880,291
10 Day Avg. Volume597,645
30 Day Avg. Volume688,388
Standard Deviation0.07
R-Squared0.48
Alpha-0.00412
Financial Highlights & Ratios
Price to Book (P/B)3.10
Price to Sales (P/S)8.46
Price to Cash Flow (P/CF)14.90
P/FCF Ratio28.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.01
Enterprise Value/Gross Profit32.17
Enterprise Value/Ebitda16.81
Forecast
1Y Price Target
$166.39Price Target Upside3.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Mid-America Apartment News
PremiumCompany Announcements
Mid-America Apartment Highlights Strong Portfolio Strategy
PremiumCompany Announcements
Mid-America Apartment Communities Steady in Q3 2024
PremiumCompany Announcements
Mid-America Apartment Posts Steady Occupancy in Q3 2024Bulls Say, Bears Say
Bulls Say
Occupancy And Core FFO PerformanceAverage physical occupancy improved to 95.7% compared to the previous period, contributing to a solid 3Q24 Core FFOps beat driven by occupancy and lower OpEx, in the midst of record-high supply delivery, and unanticipated storm-related costs.
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 GuidanceMidpoint of '24 same-store revenue and expense guidance was lowered.
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Ownership Overview
0.66% Insiders
29.13% Mutual Funds
19.47% Other Institutional Investors
21.36% 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 $121.38 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 67 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 $1.47 which represents an annual dividend yield of 3.73%. 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 $1.04.
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:
$166.39 (3.39% Upside)
$166.39 (3.39% Upside)
Blogger Sentiment
Bullish
MAA Sentiment 90%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 2.5M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 10.6%
Last 30 Days ▲ 10.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.07%
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
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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
$166.39
▲(3.39% Upside)
Technical Analysis
Best Analysts Covering MAA
1 Year
1 Year Success Rate
14/20 ratings generated profit
1 Year Average Return
+12.16%
upgraded a buy rating last month
Copying Buck Horne's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +12.16% per trade.
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