Mid-America Apartment Communiti with ticker code (MAA) have now 19 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 194 and 146 suggesting an average Analsyt target price of $172.34. Given that the stocks previous close was at $150.58 this now indicates there is a potential upside of 14.5%. There is a 50 day moving average of $155.04 and the 200 day moving average is $161.36. The market capitalization for the company is $17,884m. Company Website: https://www.maac.com
The potential market cap would be $20,469m 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 3.72% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 27.25, revenue per share of 17.51 and a 3.49% return on assets.
