Mid-America Apartment Communities, Inc. (MAA)
NYSE: MAA · IEX Real-Time Price · USD
128.40
+0.91 (0.71%)
Apr 24, 2024, 4:00 PM EDT - Market closed

MAA Statistics

Total Valuation

MAA has a market cap or net worth of $14.99 billion. The enterprise value is $19.48 billion.

Market Cap 14.99B
Enterprise Value 19.48B

Important Dates

The next confirmed earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date Apr 12, 2024

Share Statistics

MAA has 116.72 million shares outstanding. The number of shares has increased by 1.05% in one year.

Shares Outstanding 116.72M
Shares Change (YoY) +1.05%
Shares Change (QoQ) +0.01%
Owned by Insiders (%) 0.65%
Owned by Institutions (%) 95.98%
Float 115.64M

Valuation Ratios

The trailing PE ratio is 27.27 and the forward PE ratio is 30.13. MAA's PEG ratio is 10.19.

PE Ratio 27.27
Forward PE 30.13
PS Ratio 6.98
Forward PS 6.78
PB Ratio 2.46
P/FCF Ratio 39.73
PEG Ratio 10.19
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.30, with an EV/FCF ratio of 51.62.

EV / Earnings 35.47
EV / Sales 9.07
EV / EBITDA 15.30
EV / EBIT 27.56
EV / FCF 51.62

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.75
Debt / EBITDA 3.57
Debt / FCF 12.03
Interest Coverage 4.74

Financial Efficiency

Return on equity (ROE) is 8.90% and return on invested capital (ROIC) is 6.42%.

Return on Equity (ROE) 8.90%
Return on Assets (ROA) 4.80%
Return on Capital (ROIC) 6.42%
Revenue Per Employee $885,236
Profits Per Employee $226,254
Employee Count 2,427
Asset Turnover 0.19
Inventory Turnover n/a

Taxes

In the past 12 months, MAA has paid $4.74 million in taxes.

Income Tax 4.74M
Effective Tax Rate 0.86%

Stock Price Statistics

The stock price has decreased by -15.00% in the last 52 weeks. The beta is 0.79, so MAA's price volatility has been lower than the market average.

Beta (1Y) 0.79
52-Week Price Change -15.00%
50-Day Moving Average 128.81
200-Day Moving Average 133.04
Relative Strength Index (RSI) 47.52
Average Volume (30 Days) 829,454

Short Selling Information

The latest short interest is 2.53 million, so 2.17% of the outstanding shares have been sold short.

Short Interest 2.53M
Short Previous Month 2.95M
Short % of Shares Out 2.17%
Short % of Float 2.19%
Short Ratio (days to cover) 3.50

Income Statement

In the last 12 months, MAA had revenue of $2.15 billion and earned $549.12 million in profits. Earnings per share was $4.71.

Revenue 2.15B
Gross Profit 815.26M
Operating Income 688.90M
Pretax Income 557.55M
Net Income 549.12M
EBITDA 1.27B
EBIT 706.78M
Earnings Per Share (EPS) $4.71
Full Income Statement

Balance Sheet

The company has $55.09 million in cash and $4.54 billion in debt, giving a net cash position of -$4.49 billion or -$38.43 per share.

Cash & Cash Equivalents 55.09M
Total Debt 4.54B
Net Cash -4.49B
Net Cash Per Share -$38.43
Equity / Book Value 6.09B
Book Value Per Share 52.21
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.14 billion and capital expenditures -$759.88 million, giving a free cash flow of $377.30 million.

Operating Cash Flow 1.14B
Capital Expenditures -759.88M
Free Cash Flow 377.30M
FCF Per Share $3.23
Full Cash Flow Statement

Margins

Gross margin is 37.95%, with operating and profit margins of 32.06% and 25.56%.

Gross Margin 37.95%
Operating Margin 32.06%
Pretax Margin 25.95%
Profit Margin 25.56%
EBITDA Margin 59.23%
EBIT Margin 32.90%
FCF Margin 17.56%

Dividends & Yields

This stock pays an annual dividend of $5.88, which amounts to a dividend yield of 4.58%.

Dividend Per Share $5.88
Dividend Yield 4.58%
Dividend Growth (YoY) 8.30%
Years of Dividend Growth 13
Payout Ratio 124.84%
Buyback Yield -1.05%
Shareholder Yield 3.53%
Earnings Yield 3.66%
FCF Yield 2.52%
Dividend Details

Analyst Forecast

The average price target for MAA is $145.78, which is 13.54% higher than the current price. The consensus rating is "Buy".

Price Target $145.78
Price Target Difference 13.54%
Analyst Consensus Buy
Analyst Count 19
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 6