Mid-America Apartment Communities logged a 0.4% change during today's morning session, and is now trading at a price of $155.53 per share. The S&P 500 index moved -0.0%. MAA's trading volume is 63,411 compared to the stock's average volume of 929,800.
Mid-America Apartment Communities trades -7.36% away from its average analyst target price of $167.88 per share. The 26 analysts following the stock have set target prices ranging from $149.0 to $187.0, and on average have given Mid-America Apartment Communities a rating of buy.
If you are considering an investment in MAA, you'll want to know the following:
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Mid-America Apartment Communities's current price is 116.9% above its Graham number of $71.7, which implies that at its current valuation it does not offer a margin of safety
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Mid-America Apartment Communities has moved 24.1% over the last year, and the S&P 500 logged a change of 7.5%
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Based on its trailing earnings per share of 4.49, Mid-America Apartment Communities has a trailing 12 month Price to Earnings (P/E) ratio of 34.6 while the S&P 500 average is 29.3
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MAA has a forward P/E ratio of 37.5 based on its forward 12 month price to earnings (EPS) of $4.15 per share
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Its Price to Book (P/B) ratio is 3.06 compared to its sector average of 2.15
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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 September 30, 2024, MAA had ownership interest in 104,469 apartment units, including communities currently in development, across 16 states and the District of Columbia.
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Based in Germantown, the company has 2,532 full time employees and a market cap of $18.66 Billion. Mid-America Apartment Communities currently returns an annual dividend yield of 3.8%.
