Mid-America Apartment Communities, Inc. (MAA)

Market Cap	14.90B
Revenue (ttm)	2.15B
Net Income (ttm)	549.12M
Shares Out	116.72M
EPS (ttm)	4.71
PE Ratio	27.26
Forward PE	30.13
Dividend	$5.88 (4.60%)
Ex-Dividend Date	Apr 12, 2024

Volume	255,387
Open	127.57
Previous Close	128.40
Day's Range	126.70 - 128.31
52-Week Range	115.56 - 158.46
Beta	0.79
Analysts	Buy
Price Target	145.78 (+14.15%)
Earnings Date	May 1, 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 December 31, 2023, MAA had ownership interest in 102,662 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: 2,427
• Stock Exchange: NYSE
• Ticker Symbol: MAA

Financial Performance

In 2023, MAA's revenue was $2.15 billion, an increase of 6.37% compared to the previous year's $2.02 billion. Earnings were $549.12 million, a decrease of -13.35%.

Analyst Forecast

According to 19 analysts, the average rating for MAA stock is "Buy." The 12-month stock price forecast is $145.78, which is an increase of 14.15% from the latest price.

Price Target

$145.78

(14.15% upside)

Analyst Consensus: Buy