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 range between the high target price and low target price is between 205 and 135 suggesting an average Analsyt target price of $174.61. Given that the stocks previous close was at $150.24 and the analysts are correct then there would likely be a percentage uptick in value of 16.2%. The day 50 moving average is $157.25 and the 200 day moving average is $161.99. The market cap for the company is $17,863m. You can visit the company’s website by visiting: https://www.maac.com
The potential market cap would be $20,760m based on the market consensus.
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 December 31, 2020, MAA had ownership interest in 102,772 apartment units, including communities currently in development, across 16 states and the District of Columbia.
The company has a dividend yield of 3.74% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 27.17, revenue per share of 17.51 and a 3.49% return on assets.
