NYSE:MAA

Mid-America Apartment Communities - MAA Stock Forecast, Price & News

$189.56

+0.90 (+0.48%)

(As of 08/16/2022 12:39 PM ET)

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Today's Range: $187.95
▼
$189.84
50-Day Range: $160.03
▼
$188.66
52-Week Range: $158.85
▼
$231.63

Volume: 4,663 shs
Average Volume: 586,132 shs
Market Capitalization: $21.88 billion

P/E Ratio: 37.17
Dividend Yield: 2.66%
Price Target: $206.93

Mid-America Apartment Communities MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.73 Rating Score
Upside/Downside: 9.5% Upside
$206.93 Price Target
Short Interest: Healthy
2.14% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.39
Upright™ Environmental Score
News Sentiment: 0.46
Based on 18 Articles This Week
Insider Trading: Selling Shares
$252,396 Sold Last Quarter
Proj. Earnings Growth: 9.82%
From $8.25 to $9.06 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Finance Sector

305th out of 924 stocks

Real Estate Investment Trusts Industry

52nd out of 197 stocks

2.4

Analyst's Opinion

Consensus Rating
Mid-America Apartment Communities has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $206.93, Mid-America Apartment Communities has a forecasted upside of 9.5% from its current price of $188.99.
Amount of Analyst Coverage
Mid-America Apartment Communities has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.14% of the float of Mid-America Apartment Communities has been sold short.
Short Interest Ratio / Days to Cover
Mid-America Apartment Communities has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Mid-America Apartment Communities has recently increased by 7.05%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Yield
Mid-America Apartment Communities pays a meaningful dividend of 2.66%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Mid-America Apartment Communities has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of Mid-America Apartment Communities is 98.04%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Mid-America Apartment Communities will have a dividend payout ratio of 55.19% next year. This indicates that Mid-America Apartment Communities will be able to sustain or increase its dividend.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Mid-America Apartment Communities has received a 18.34% net impact score from Upright. Mid-America Apartment Communities seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is driven by its "Real estate funds investing in apartment buildings" and "Real estate development services of apartment buildings" products. See details.
Environmental Sustainability
The Environmental Impact score for Mid-America Apartment Communities is -2.39.

1.9

News and Social Media Coverage

News Sentiment
Mid-America Apartment Communities has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 18 news articles for Mid-America Apartment Communities this week, compared to 4 articles on an average week.
Search Interest
Only 8 people have searched for MAA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Mid-America Apartment Communities to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mid-America Apartment Communities insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $252,396.00 in company stock.
Percentage Held by Insiders
Only 1.34% of the stock of Mid-America Apartment Communities is held by insiders.
Percentage Held by Institutions
93.06% of the stock of Mid-America Apartment Communities is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Mid-America Apartment Communities are expected to grow by 9.82% in the coming year, from $8.25 to $9.06 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mid-America Apartment Communities is 37.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mid-America Apartment Communities is 37.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.50.
Price to Earnings Growth Ratio
Mid-America Apartment Communities has a PEG Ratio of 11.38. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Mid-America Apartment Communities has a P/B Ratio of 3.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Mid-America Apartment Communities (NYSE:MAA) Stock

MAA, an S&P 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, MAA had ownership interest in 102,772 apartment units, including communities currently in development, across 16 states and the District of Columbia.

Mid-America Apartment Communities Stock Up 0.5 %

Shares of NYSE:MAA opened at $188.66 on Tuesday. Mid-America Apartment Communities has a one year low of $158.85 and a one year high of $231.63. The company has a 50 day moving average of $173.07 and a 200-day moving average of $190.73. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.39 and a quick ratio of 0.39. The stock has a market cap of $21.78 billion, a price-to-earnings ratio of 36.99, a P/E/G ratio of 11.38 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA - Get Rating) last issued its quarterly earnings results on Wednesday, July 27th. The real estate investment trust reported $1.82 EPS for the quarter, missing the consensus estimate of $2.00 by ($0.18). Mid-America Apartment Communities had a return on equity of 10.01% and a net margin of 31.30%. The business had revenue of $495.04 million for the quarter, compared to analyst estimates of $488.64 million. During the same quarter in the prior year, the firm earned $1.69 EPS. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. On average, sell-side analysts forecast that Mid-America Apartment Communities will post 8.25 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, July 25th. Investors of record on Friday, July 15th were issued a dividend of $1.25 per share. This represents a yield of 2.85%. The ex-dividend date was Thursday, July 14th. Mid-America Apartment Communities's dividend payout ratio is currently 98.04%.

Wall Street Analyst Weigh In

MAA has been the subject of several analyst reports. Piper Sandler cut their price target on shares of Mid-America Apartment Communities from $200.00 to $195.00 and set an "overweight" rating for the company in a report on Wednesday, July 20th. Truist Financial cut their price target on shares of Mid-America Apartment Communities from $205.00 to $188.00 and set a "buy" rating for the company in a report on Friday, June 24th. Credit Suisse Group initiated coverage on shares of Mid-America Apartment Communities in a report on Wednesday, June 22nd. They set an "outperform" rating and a $195.00 price target for the company. Mizuho cut their price target on shares of Mid-America Apartment Communities from $221.00 to $178.00 and set a "neutral" rating for the company in a report on Monday, June 27th. Finally, JMP Securities raised shares of Mid-America Apartment Communities from a "market perform" rating to an "outperform" rating and set a $220.00 price target for the company in a report on Friday, July 29th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $207.07.

Insider Activity at Mid-America Apartment Communities

In related news, EVP Melanie Carpenter sold 1,355 shares of the business's stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of $186.27, for a total transaction of $252,395.85. Following the completion of the transaction, the executive vice president now owns 17,953 shares in the company, valued at $3,344,105.31. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.34% of the company's stock.

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MAA Stock News Headlines

August 12, 2022 | americanbankingnews.com

Mid-America Apartment Communities, Inc. Forecasted to Earn Q3 2022 Earnings of $2.09 Per Share (NYSE:MAA)

August 10, 2022 | americanbankingnews.com

Mid-America Apartment Communities (NYSE:MAA) Price Target Raised to $190.00 at Citigroup

August 16, 2022 | Investing Trends (Ad)

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August 5, 2022 | finance.yahoo.com

This is Why Mid-America Apartment Communities (MAA) is a Great Dividend Stock

August 5, 2022 | finance.yahoo.com

This is Why Mid-America Apartment Communities (MAA) is a Great Dividend Stock

August 3, 2022 | americanbankingnews.com

Melanie Carpenter Sells 1,355 Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) Stock

August 2, 2022 | nasdaq.com

Mid-America Apartment Communities (NYSE:MAA) stock performs better than its underlying earnings growth over last five years

August 2, 2022 | americanbankingnews.com

Mid-America Apartment Communities (NYSE:MAA) Stock Rating Upgraded by JMP Securities

August 16, 2022 | Investing Trends (Ad)

Copper Exploration Heating Up

Canada is already known as a miner's paradise. But British Columbia (BC) is quietly becoming the new copper hotspot. That's because copper is critical to the world's shift to renewable energy. Biden earmarked $226 billion in new infrastructure projects all requiring copper.

July 29, 2022 | finance.yahoo.com

These Rock-Solid Dividend Stocks Are Delivering Jaw-Dropping Growth

July 29, 2022 | investing.com

UPDATE: JMP Securities Upgrades Mid-America Apartment Communities to Market Outperform

July 28, 2022 | seekingalpha.com

Mid-America Apartment Communities, Inc. (MAA) CEO Eric Bolton on Q2 2022 Results - Earnings Call Transcript

July 27, 2022 | markets.businessinsider.com

Mid-America Apartment Communities Lifts FY22 Outlook

July 27, 2022 | nasdaq.com

Mid-America Apartment Communities, Inc. Q2 Profit Falls, but beats estimates

July 22, 2022 | finance.yahoo.com

What Awaits Mid-America Apartment (MAA) This Earnings Season?

July 22, 2022 | fool.com

3 Dividend Stocks That Prove That Slow But Steady Wins the Race

July 20, 2022 | finance.yahoo.com

Mid-America Apartment Communities (MAA) Could Be a Great Choice

July 20, 2022 | nasdaq.com

3 Reasons Growth Investors Will Love Mid-America Apartment Communities (MAA)

July 19, 2022 | finance.yahoo.com

What the Cooling Rental Market Means for This Multifamily REIT

July 15, 2022 | finance.yahoo.com

Can Mid-America Apartment Communities (MAA) Climb 28% to Reach the Level Wall Street Analysts Expect?

July 6, 2022 | finance.yahoo.com

MAA Announces Date of Second Quarter 2022 Earnings Release, Conference Call

July 6, 2022 | fool.com

Why Mid-America Apartment Communities Stock Tumbled Nearly 24% in the First Half of 2022

July 4, 2022 | finance.yahoo.com

Here is Why Growth Investors Should Buy Mid-America Apartment Communities (MAA) Now

June 20, 2022 | finance.yahoo.com

Mid-America Apartment Communities, Inc.'s (NYSE:MAA) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

June 17, 2022 | morningstar.com

Mid-America Apartment Communities Inc - Stock Chart

June 16, 2022 | finance.yahoo.com

Looking for a Growth Stock? 3 Reasons Why Mid-America Apartment Communities (MAA) is a Solid Choice

June 16, 2022 | finance.yahoo.com

After Plunging 6.2% in 4 Weeks, Here's Why the Trend Might Reverse for Mid-America Apartment Communities (MAA)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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MAA Company Calendar

Dividend Payable: 6/30/2022
Ex-Dividend for 7/25 Dividend: 7/14/2022
Dividend Payable: 7/25/2022
Last Earnings: 7/27/2022
Today: 8/16/2022
Next Earnings (Estimated): 10/26/2022
Fiscal Year End: 12/31/2022
Ex-Dividend for 6/30 Dividend: 1/01/2100

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Real estate investment trusts
Sub-Industry: Residential REITs
Sector: Finance
Current Symbol: NYSE:MAA
CUSIP: 59522J10
CIK: 912595
Web: www.maac.com
Phone: (866) 620-1130
Fax: 901-682-6667
Employees: 2,429
Year Founded: 1977

Price Target and Rating

Average Stock Price Forecast: $206.93
High Stock Price Forecast: $238.00
Low Stock Price Forecast: $178.00
Forecasted Upside/Downside: +9.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.73
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.10
Trailing P/E Ratio: 37.17
Forward P/E Ratio: 22.98
P/E Growth: 11.38
Net Income: $533.79 million
Net Margins: 31.30%
Pretax Margin: 32.47%
Return on Equity: 10.01%
Return on Assets: 5.45%

Debt

Debt-to-Equity Ratio: 0.73
Current Ratio: 0.39
Quick Ratio: 0.39

Sales & Book Value

Annual Sales: $1.78 billion
Price / Sales: 12.31
Cash Flow: $9.41 per share
Price / Cash Flow: 20.14
Book Value: $53.45 per share
Price / Book: 3.55

Miscellaneous

Outstanding Shares: 115,440,000
Free Float: 113,892,000
Market Cap: $21.88 billion
Optionable: Optionable
Beta: 0.73

Social Links

Key Executives

Mr. H. Eric Bolton Jr. (Age 65)
Chairman, Pres & CEO
Comp: $3.92M
Mr. Albert M. Campbell III (Age 55)
Exec. VP & CFO
Comp: $1.77M
Mr. Thomas L. Grimes Jr. (Age 53)
Exec. VP & COO
Comp: $1.82M
Mr. Adrian Bradley Hill (Age 45)
Exec. VP & Chief Investment Officer
Comp: $1.07M
Mr. Robert J. DelPriore Esq. (Age 53)
J.D., Exec. VP, Chief Admin. Officer & Gen. Counsel
Comp: $1.72M
Mr. A. Clay Holder (Age 45)
Sr. VP & Chief Accounting Officer
Mr. Joseph P. Fracchia CPA
Exec. VP, Chief Technology & Innovation Officer
Ms. Jennifer Patrick
Investor Relations Contact
Ms. Leslie Bratten Cantrell Wolfgang
Sr. VP, Chief Ethics & Compliance Officer and Corp. Sec.
Mr. David C. Ward CPA (Age 63)
CPA, Exec. VP & Director of Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MAA Stock - Frequently Asked Questions

Should I buy or sell Mid-America Apartment Communities stock right now?: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mid-America Apartment Communities in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MAA shares.
View MAA analyst ratings or view top-rated stocks.
What is Mid-America Apartment Communities' stock price forecast for 2022?: 11 analysts have issued twelve-month price targets for Mid-America Apartment Communities' shares. Their MAA share price forecasts range from $178.00 to $238.00. On average, they anticipate the company's share price to reach $207.07 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts price targets for MAA or view top-rated stocks among Wall Street analysts.
How have MAA shares performed in 2022?: Mid-America Apartment Communities' stock was trading at $229.44 at the beginning of 2022. Since then, MAA shares have decreased by 17.8% and is now trading at $188.66.
View the best growth stocks for 2022 here.
When is Mid-America Apartment Communities' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our MAA earnings forecast.
How were Mid-America Apartment Communities' earnings last quarter?: Mid-America Apartment Communities, Inc. (NYSE:MAA) posted its quarterly earnings data on Wednesday, July, 27th. The real estate investment trust reported $1.82 earnings per share for the quarter, missing analysts' consensus estimates of $2.00 by $0.18. The real estate investment trust had revenue of $495.04 million for the quarter, compared to analysts' expectations of $488.64 million. Mid-America Apartment Communities had a trailing twelve-month return on equity of 10.01% and a net margin of 31.30%. Mid-America Apartment Communities's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.69 EPS.
Read the conference call transcript.
How often does Mid-America Apartment Communities pay dividends? What is the dividend yield for Mid-America Apartment Communities?: Mid-America Apartment Communities announced a dividend on Saturday, July 2nd. Stockholders of record on Friday, July 15th will be given a dividend of $1.25 per share on Monday, July 25th. This represents a yield of 2.85%. The ex-dividend date of this dividend is Thursday, July 14th.
Read our dividend analysis for MAA.
Is Mid-America Apartment Communities a good dividend stock?: Mid-America Apartment Communities (NYSE:MAA) pays an annual dividend of $5.00 per share and currently has a dividend yield of 2.66%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 98.04%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MAA will have a dividend payout ratio of 55.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MAA.
What guidance has Mid-America Apartment Communities issued on next quarter's earnings?: Mid-America Apartment Communities issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $8.13-$8.37 for the period. The company issued revenue guidance of -.

What is H. Eric Bolton Jr.'s approval rating as Mid-America Apartment Communities' CEO?: 172 employees have rated Mid-America Apartment Communities Chief Executive Officer H. Eric Bolton Jr. on Glassdoor.com. H. Eric Bolton Jr. has an approval rating of 86% among the company's employees.
What other stocks do shareholders of Mid-America Apartment Communities own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mid-America Apartment Communities investors own include Realty Income (O), AT&T (T), Johnson & Johnson (JNJ), Walmart (WMT), Pfizer (PFE), Intel (INTC), Cisco Systems (CSCO), Procter & Gamble (PG), Verizon Communications (VZ) and W. P. Carey (WPC).
What is Mid-America Apartment Communities' stock symbol?: Mid-America Apartment Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "MAA."
Who are Mid-America Apartment Communities' major shareholders?: Mid-America Apartment Communities' stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (6.67%), FMR LLC (4.08%), JPMorgan Chase & Co. (2.66%), Massachusetts Financial Services Co. MA (1.54%), Northern Trust Corp (1.46%) and Deutsche Bank AG (1.14%). Insiders that own company stock include Albert M Campbell III, Claude B Nielsen, David P Stockert, H Eric Bolton Jr, Melanie Carpenter, Monica Houle Mcgurk, Robert J Delpriore, Russell R French and Thomas L Grimes Jr.
View institutional ownership trends.
How do I buy shares of Mid-America Apartment Communities?: Shares of MAA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Mid-America Apartment Communities' stock price today?: One share of MAA stock can currently be purchased for approximately $188.66.
How much money does Mid-America Apartment Communities make?: Mid-America Apartment Communities (NYSE:MAA) has a market capitalization of $21.78 billion and generates $1.78 billion in revenue each year. The real estate investment trust earns $533.79 million in net income (profit) each year or $5.10 on an earnings per share basis.
How many employees does Mid-America Apartment Communities have?: The company employs 2,429 workers across the globe.
When was Mid-America Apartment Communities founded?: Mid-America Apartment Communities was founded in 1977.
How can I contact Mid-America Apartment Communities?: Mid-America Apartment Communities' mailing address is 6815 POPLAR AVENUE SUITE 500, GERMANTOWN TN, 38138. The official website for the company is www.maac.com. The real estate investment trust can be reached via phone at (866) 620-1130, via email at investor.relations@maac.com, or via fax at 901-682-6667.

This page (NYSE:MAA) was last updated on 8/16/2022 by MarketBeat.com Staff

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Mid-America Apartment Communities - MAA Stock Forecast, Price & News

Mid-America Apartment Communities MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month