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 September 30, 2018, MAA had ownership interest in 101,441 apartment units, including communities currently in development, across 17 states and the District of Columbia.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
Current SymbolNYSE:MAA
Previous Symbol
CUSIP59522J10
Phone901-682-6600
Debt
Debt-to-Equity Ratio0.70
Current Ratio0.17
Quick Ratio0.17
Price-To-Earnings
Trailing P/E Ratio17.14
Forward P/E Ratio16.86
P/E Growth2.41
Sales & Book Value
Annual Sales$1.53 billion
Price / Sales7.58
Cash Flow$7.1567 per share
Price / Cash Flow14.23
Book Value$57.85 per share
Price / Book1.76
Profitability
EPS (Most Recent Fiscal Year)$5.94
Net Income$328.37 million
Net Margins18.20%
Return on Equity4.36%
Return on Assets2.47%
Miscellaneous
Employees2,464
Outstanding Shares113,840,000
Market Cap$11.59 billion
OptionableOptionable
Mid-America Apartment Communities (NYSE:MAA) Frequently Asked Questions
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."
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 quarterly dividend on Tuesday, December 4th. Stockholders of record on Tuesday, January 15th will be paid a dividend of $0.96 per share on Thursday, January 31st. This represents a $3.84 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date is Monday, January 14th. This is a positive change from Mid-America Apartment Communities's previous quarterly dividend of $0.92. View Mid-America Apartment Communities' Dividend History.
How were Mid-America Apartment Communities' earnings last quarter?
Mid-America Apartment Communities Inc (NYSE:MAA) issued its quarterly earnings data on Wednesday, October, 31st. The real estate investment trust reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $1.50 by $1.04. The real estate investment trust earned $397.10 million during the quarter, compared to the consensus estimate of $393.76 million. Mid-America Apartment Communities had a return on equity of 4.36% and a net margin of 18.20%. The business's revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.50 EPS. View Mid-America Apartment Communities' Earnings History.
When is Mid-America Apartment Communities' next earnings date?
What guidance has Mid-America Apartment Communities issued on next quarter's earnings?
Mid-America Apartment Communities issued an update on its FY18 earnings guidance on Wednesday, October, 31st. The company provided earnings per share guidance of $5.99-6.11 for the period, compared to the Thomson Reuters consensus estimate of $6.02. Mid-America Apartment Communities also updated its FY 2018 guidance to $5.99-6.11 EPS.
What price target have analysts set for MAA?
13 brokers have issued 1 year price targets for Mid-America Apartment Communities' shares. Their forecasts range from $91.00 to $110.00. On average, they expect Mid-America Apartment Communities' stock price to reach $102.5909 in the next year. This suggests a possible upside of 0.7% from the stock's current price. View Analyst Price Targets for Mid-America Apartment Communities.
What is the consensus analysts' recommendation for Mid-America Apartment Communities?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mid-America Apartment Communities in the last year. There are currently 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mid-America Apartment Communities.
What are Wall Street analysts saying about Mid-America Apartment Communities stock?
Here are some recent quotes from research analysts about Mid-America Apartment Communities stock:
- 1. According to Zacks Investment Research, "Shares of Mid-America Apartment Communities — commonly referred as MAA — have underperformed the industry it belongs to in the past three months. However, the Zacks Consensus Estimate for second-quarter 2018 funds from operations (FFO) per share has been revised upward in a week’s time. Recently, MAA reported first-quarter 2018 FFO of $1.44 per share, missing the Zacks Consensus Estimate of $1.46. But, rental and other property revenues came in 1.9% higher than the prior-year quarter tally and also surpassed expectations. MAA recorded growth in average effective rent per unit as well as average physical occupancy in the quarter, though operating expenses and property management expenses flared up in the quarter. Notably, MAA has a well-balanced portfolio and a solid balance sheet. But, elevated supply in a number of the company’s markets is anticipated to taper its growth momentum in the near term." (5/7/2018)
- 2. Cantor Fitzgerald analysts commented, "Estimate Update. We have lowered our 2018 FFO/sh. estimates to $6.06 from $6.13, and our SS Revenue estimate to 1.9% from 2.2%. Our NAV/sh. estimate is $104.70 vs. $104.50 prior. On a relative basis, MAA’s 2.0% SS revenue growth guidance for 2018 compares with 1.63% for EQR and 2.1% for AVB." (2/6/2018)
Has Mid-America Apartment Communities been receiving favorable news coverage?
Media headlines about MAA stock have been trending very positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mid-America Apartment Communities earned a coverage optimism score of 3.6 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the near term.
Who are some of Mid-America Apartment Communities' key competitors?
Some companies that are related to Mid-America Apartment Communities include Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Boston Properties (BXP), Realty Income (O), SBA Communications (SBAC), Weyerhaeuser (WY), Essex Property Trust (ESS), HCP (HCP) and Host Hotels and Resorts (HST).
Who are Mid-America Apartment Communities' key executives?
Mid-America Apartment Communities' management team includes the folowing people:
- Mr. H. Eric Bolton Jr., Chairman, Pres & CEO (Age 61)
- Mr. Albert M. Campbell III, Exec. VP & CFO (Age 51)
- Mr. Thomas L. Grimes Jr., Exec. VP & COO (Age 49)
- Mr. Robert J. DelPriore Esq., J.D., Exec. VP & Gen. Counsel (Age 49)
- Mr. A. Clay Holder, Sr. VP & Chief Accounting Officer (Age 41)
Who are Mid-America Apartment Communities' major shareholders?
Mid-America Apartment Communities' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (16.04%), BlackRock Inc. (9.77%), JPMorgan Chase & Co. (4.45%), Alliancebernstein L.P. (3.08%), Brookfield Asset Management Inc. (2.34%) and Deutsche Bank AG (2.09%). Company insiders that own Mid-America Apartment Communities stock include Claude B Nielsen, David P Stockert, Gary Shorb, H Eric Bolton Jr, Russell R French and William Reid Sanders. View Institutional Ownership Trends for Mid-America Apartment Communities.
Which institutional investors are selling Mid-America Apartment Communities stock?
MAA stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Cohen & Steers Inc., Brookfield Asset Management Inc., Strs Ohio, Mitsubishi UFJ Trust & Banking Corp, Neuberger Berman Group LLC, Canada Pension Plan Investment Board and TIAA CREF Investment Management LLC. Company insiders that have sold Mid-America Apartment Communities company stock in the last year include Claude B Nielsen, David P Stockert and Russell R French. View Insider Buying and Selling for Mid-America Apartment Communities.
Which institutional investors are buying Mid-America Apartment Communities stock?
MAA stock was bought by a variety of institutional investors in the last quarter, including Deutsche Bank AG, DekaBank Deutsche Girozentrale, Rehmann Capital Advisory Group, Massachusetts Financial Services Co. MA, Morgan Stanley, BlackRock Inc., Russell Investments Group Ltd. and Adelante Capital Management LLC. Company insiders that have bought Mid-America Apartment Communities stock in the last two years include Gary Shorb, H Eric Bolton Jr and William Reid Sanders. View Insider Buying and Selling for Mid-America Apartment Communities.
How do I buy shares of Mid-America Apartment Communities?
Shares of MAA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mid-America Apartment Communities' stock price today?
One share of MAA stock can currently be purchased for approximately $101.84.
How big of a company is Mid-America Apartment Communities?
Mid-America Apartment Communities has a market capitalization of $11.59 billion and generates $1.53 billion in revenue each year. The real estate investment trust earns $328.37 million in net income (profit) each year or $5.94 on an earnings per share basis. Mid-America Apartment Communities employs 2,464 workers across the globe.
What is Mid-America Apartment Communities' official website?
How can I contact Mid-America Apartment Communities?
Mid-America Apartment Communities' mailing address is 6584 POPLAR AVE, MEMPHIS TN, 38138. The real estate investment trust can be reached via phone at 901-682-6600 or via email at [email protected]
MarketBeat Community Rating for Mid-America Apartment Communities (NYSE MAA)
MarketBeat's community ratings are surveys of what our community members think about Mid-America Apartment Communities and other stocks. Vote "Outperform" if you believe MAA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MAA will underperform the S&P 500 over the long term. You may vote once every thirty days.
