Mid-America Apartment Communiti which can be found using ticker (MAA) now have 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 205 and 158 calculating the mean target price we have $180.00. Given that the stocks previous close was at $144.89 this would indicate that there is a potential upside of 24.2%. It’s also worth noting that there is a 50 day moving average of $160.68 and the 200 day moving average is $163.39. The company has a market capitalization of $16,857m. Visit the company website at: https://www.maac.com
The potential market cap would be $20,942m 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 3.82% with the ex dividend date set at 13-4-2023 (DMY).
Other points of data to note are a P/E ratio of 26.76, revenue per share of 17.51 and a 3.49% return on assets.
