Mid-America Apartment Communities, Inc. (MAA)

Market Cap	15.38B
Revenue (ttm)	2.13B
Net Income (ttm)	582.26M
Shares Out	116.69M
EPS (ttm)	5.00
PE Ratio	25.43
Forward PE	28.64
Dividend	$5.60 (4.41%)
Ex-Dividend Date	Oct 12, 2023

Volume	1,073,657
Open	126.72
Previous Close	126.45
Day's Range	126.72 - 128.82
52-Week Range	115.56 - 176.36
Beta	0.79
Analysts	Hold
Price Target	155.15 (+22.04%)
Earnings Date	Jan 31, 2024

About MAA

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.

• Industry: REIT - Residential
• Sector: Real Estate
• IPO Date: Jan 28, 1994
• Employees: 2,378
• Stock Exchange: NYSE
• Ticker Symbol: MAA

Financial Performance

In 2022, MAA's revenue was $2.02 billion, an increase of 13.60% compared to the previous year's $1.78 billion. Earnings were $633.75 million, an increase of 19.55%.

Analyst Forecast

According to 19 analysts, the average rating for MAA stock is "Hold." The 12-month stock price forecast is $155.15, which is an increase of 22.04% from the latest price.

Price Target

$155.15

(22.04% upside)

Analyst Consensus: Hold