Mid-America Apartment Communiti with ticker code (MAA) now have 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 194 and 146 with the average target price sitting at $171.97. Given that the stocks previous close was at $150.20 this would imply there is now a potential upside of 14.5%. The day 50 moving average is $151.01 while the 200 day moving average is $160.43. The total market capitalization for the company now stands at $17,923m. Company Website: https://www.maac.com
The potential market cap would be $20,521m based on the market consensus.
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, 2022, MAA had ownership interest in 101,769 apartment units, including communities currently in development, across 16 states and the District of Columbia.
The company has a dividend yield of 3.73% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 26.29, revenue per share of 17.94 and a 3.67% return on assets.
