Mid-America Apartment Communiti with ticker code (MAA) now have 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 205 and 135 suggesting an average Analsyt target price of $175.92. Now with the previous closing price of $143.57 this would indicate that there is a potential upside of 22.5%. The 50 day moving average now sits at $159.08 and the 200 moving average now moves to $162.66. The company has a market cap of $17,967m. Visit the company website at: https://www.maac.com
The potential market cap would be $22,016m 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 3.9% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 26.78, revenue per share of 17.51 and a 3.49% return on assets.
