Mid-America Apartment Communities, Inc. (MAA)
Stock Price:
$124.00 USD
-1.03 (-0.82%)
Updated November 27, 1:03 PM EST - Market closed
Key Info
| Market Cap |
14.69B |
| Revenue (ttm) |
1.67B |
| Net Income (ttm) |
317.52M |
| Shares Out |
114.37M |
| EPS (ttm) |
2.78 |
| PE Ratio |
44.60 |
| Forward PE |
55.87 |
| Dividend |
$4.00 |
| Dividend Yield |
3.23% |
Stock Quote
| Trading Day |
November 27 |
| Last Price |
$124.00 |
| Previous Close |
$125.03 |
| Change ($) |
-1.03 |
| Change (%) |
-0.82% |
| Day's Open |
124.78 |
| Day's Range |
122.64 - 124.78 |
| Day's Volume |
314,239 |
| 52-Week Range |
82.00 - 148.88 |
More Stats
| Market Cap |
14.69B |
| Enterprise Value |
19.08B |
| Earnings Date (est) |
Feb 3, 2021 |
| Ex-Dividend Date |
Oct 14, 2020 |
| Shares Outstanding |
114.37M |
| Float |
113.60M |
| EPS (basic) |
2.78 |
| EPS (diluted) |
2.78 |
| FCF / Share |
3.02 |
| Dividend |
$4.00 |
| Dividend Yield |
3.23% |
| Earnings Yield |
2.24% |
| FCF Yield |
2.35% |
| Payout Ratio |
142.40% |
| Shares Short |
1.56M |
| Short Ratio |
2.71 |
| Short % of Float |
1.37% |
| Beta |
0.63 |
| PE Ratio |
44.60 |
| Forward PE |
55.87 |
| P/FCF Ratio |
42.58 |
| PS Ratio |
8.79 |
| PB Ratio |
2.44 |
| Revenue |
1.67B |
| Operating Income |
434.89M |
| Net Income |
317.52M |
| Free Cash Flow |
344.91M |
| Net Cash |
-4.40B |
| Net Cash / Share |
-37.14 |
| Gross Margin |
58.23% |
| Operating Margin |
26.02% |
| Profit Margin |
19.00% |
| FCF Margin |
20.64% |
| ROA |
2.42% |
| ROE |
5.39% |
| ROIC |
3.20% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Forecasts
Analyst Ratings (15)
| Buy |
2 |
| Overweight |
3 |
| Hold |
10 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$130.08*
(4.90% upside)
Low
117
Current: $124.00
High
142
Target: 130.08
*Average 12-month price target from 12 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 1,641 | 1,571 | 1,529 | 1,125 | 1,043 | 992 | 635 | 476 | 410 | 380 |
| Revenue Growth | 4.43% | 2.77% | 35.87% | 7.92% | 5.08% | 56.15% | 33.54% | 16.13% | 7.8% | - |
| Gross Profit | 531 | 487 | 459 | 379 | 348 | 297 | 195 | 161 | 130 | 118 |
| Operating Income | 430 | 395 | 355 | 275 | 291 | 230 | 117 | 124 | 88.80 | 85.27 |
| Net Income | 354 | 223 | 328 | 212 | 332 | 148 | 115 | 105 | 48.82 | 29.76 |
| Shares Outstanding | 114 | 114 | 114 | 75.54 | 75.38 | 75.25 | 74.78 | 42.27 | 37.82 | 31.86 |
| Earnings Per Share | 3.07 | 1.93 | 2.86 | 2.69 | 4.41 | 1.97 | 2.25 | 2.56 | 1.31 | 0.56 |
| EPS Growth | 59.07% | -32.52% | 6.32% | -39% | 123.86% | -12.44% | -12.11% | 95.42% | 133.93% | - |
| Dividend Per Share | 3.84 | 3.69 | 3.48 | 3.28 | 3.08 | 2.92 | 2.78 | 2.64 | 2.51 | 2.46 |
| Dividend Growth | 4.04% | 6.06% | 6.1% | 6.49% | 5.48% | 5.04% | 5.3% | 5.18% | 2.03% | - |
| Operating Cash Flow | 781 | 734 | 661 | 485 | 464 | 385 | 258 | 211 | 172 | 134 |
| Capital Expenditures | -408 | -384 | -480 | -523 | -494 | -499 | -261 | -451 | -466 | -334 |
| Free Cash Flow | 373 | 350 | 181 | -38.16 | -30.49 | -114 | -2.46 | -240 | -293 | -200 |
| Cash & Equivalents | 70.54 | 51.67 | 88.87 | 122 | 63.64 | 54.83 | 134 | 9.88 | 58.68 | 47.46 |
| Total Debt | 4,455 | 4,528 | 4,502 | 4,500 | 3,428 | 3,513 | 3,473 | 1,674 | 1,650 | 1,500 |
| Net Cash / Debt | -4,384 | -4,477 | -4,413 | -4,378 | -3,364 | -3,458 | -3,339 | -1,664 | -1,591 | -1,453 |
| Assets | 11,230 | 11,324 | 11,492 | 11,604 | 6,848 | 6,822 | 6,842 | 2,751 | 2,530 | 2,176 |
| Liabilities | 4,927 | 4,942 | 4,908 | 4,952 | 3,682 | 3,764 | 3,723 | 1,801 | 1,783 | 1,632 |
| Book Value | 6,069 | 6,150 | 6,340 | 6,404 | 2,992 | 2,891 | 2,947 | 914 | 718 | 519 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Mid-America Apartment Communities, Inc. |
| Country |
United States |
| Employees |
2,476 |
| CEO |
H. Eric Bolton |
Stock Information
| Ticker Symbol |
MAA |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Real Estate |
| Industry |
REIT—Residential |
| Unique Identifier |
NYSE: MAA |
| IPO Date |
January 28, 1994 |
Description
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, 2020, MAA had ownership interest in 102,105 apartment units, including communities currently in development, across 16 states and the District of Columbia.