Mid-America Apartment Communities Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $135.5
- Today's High:
- $138.5
- Open Price:
- $136.18
- 52W Low:
- $135.5
- 52W High:
- $173.1494
- Prev. Close:
- $136.7
- Volume:
- 491955
Company Statistics
- Market Cap.:
- $16.38 billion
- Book Value:
- 52.813
- Revenue TTM:
- $2.11 billion
- Operating Margin TTM:
- 32.49%
- Gross Profit TTM:
- $1.23 billion
- Profit Margin:
- 28.28%
- Return on Assets TTM:
- 3.79%
- Return on Equity TTM:
- 9.81%
Company Profile
Mid-America Apartment Communities Inc had its IPO on 1994-01-28 under the ticker symbol MAA.
The company operates in the Real Estate sector and REIT-Residential industry. Mid-America Apartment Communities Inc has a staff strength of 2,387 employees.
Stock update
Shares of Mid-America Apartment Communities Inc opened at $136.18 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $135.5 - $138.5, and closed at $138.41.
This is a +1.25% increase from the previous day's closing price.
A total volume of 491,955 shares were traded at the close of the day’s session.
In the last one week, shares of Mid-America Apartment Communities Inc have slipped by -4.06%.
Mid-America Apartment Communities Inc's Key Ratios
Mid-America Apartment Communities Inc has a market cap of $16.38 billion, indicating a price to book ratio of 3.1716 and a price to sales ratio of 9.5207.
In the last 12-months Mid-America Apartment Communities Inc’s revenue was $2.11 billion with a gross profit of $1.23 billion and an EBITDA of $1.24 billion. The EBITDA ratio measures Mid-America Apartment Communities Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Mid-America Apartment Communities Inc’s operating margin was 32.49% while its return on assets stood at 3.79% with a return of equity of 9.81%.
In Q2, Mid-America Apartment Communities Inc’s quarterly earnings growth was a negative -31.7% while revenue growth was a positive 8.1%.
Mid-America Apartment Communities Inc’s PE and PEG Ratio
- Forward PE
- 18.8679
- Trailing PE
- 26.6992
- PEG
- 10.19
Its diluted EPS in the last 12-months stands at $5.12 per share while it has a forward price to earnings multiple of 18.8679 and a PEG multiple of 10.19. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Mid-America Apartment Communities Inc’s profitability.
Mid-America Apartment Communities Inc stock is trading at a EV to sales ratio of 12.003 and a EV to EBITDA ratio of 17.4601. Its price to sales ratio in the trailing 12-months stood at 9.5207.
Mid-America Apartment Communities Inc stock pays annual dividends of $5.3 per share, indicating a yield of 4.06% and a payout ratio of 106.45%.
Balance sheet and cash flow metrics
- Total Assets
- $11.39 billion
- Total Liabilities
- $623.71 million
- Operating Cash Flow
- $-292821000.00
- Capital Expenditure
- $98.72 million
- Dividend Payout Ratio
- 106.45%
Mid-America Apartment Communities Inc ended 2024 with $11.39 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $11.39 billion while shareholder equity stood at $6.18 billion.
Mid-America Apartment Communities Inc ended 2024 with $0 in deferred long-term liabilities, $623.71 million in other current liabilities, 22159000.00 in common stock, $-1235118000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $150.16 million and cash and short-term investments were $150.16 million. The company’s total short-term debt was $0 while long-term debt stood at $4.40 billion.
Mid-America Apartment Communities Inc’s total current assets stands at $163.73 million while long-term investments were $42.35 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $73.86 million.
In 2024, Mid-America Apartment Communities Inc's operating cash flow was $-292821000.00 while its capital expenditure stood at $98.72 million.
Comparatively, Mid-America Apartment Communities Inc paid $1.06 in dividends in 2024.
Other key metrics
- Current Trading Price
- $138.41
- 52-Week High
- $173.1494
- 52-Week Low
- $135.5
- Analyst Target Price
- $168.44
Mid-America Apartment Communities Inc stock is currently trading at $138.41 per share. It touched a 52-week high of $173.1494 and a 52-week low of $173.1494. Analysts tracking the stock have a 12-month average target price of $168.44.
Its 50-day moving average was $147.24 and 200-day moving average was $151.33 The short ratio stood at 5.48 indicating a short percent outstanding of 0%.
Around 65.8% of the company’s stock are held by insiders while 9835.5% are held by institutions.
Frequently Asked Questions About Mid-America Apartment Communities Inc
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About
MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of June 30, 2023, MAA had ownership interest in 101,986 apartment units, including communities currently in development, across 16 states and the District of Columbia.