Mid-America Apartment Communities, Inc. with ticker code (MAA) have now 22 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $158.00 and $124.00 with the average target price sitting at $138.30. Given that the stocks previous close was at $125.68 this would imply there is now a potential upside of 10.0%. Also worth taking note is the 50 day moving average now sits at $130.17 and the 200 day moving average is $136.76. The company has a market cap of 15.30B. The current share price for the company is: $127.63 USD
The potential market cap would be $16,833,834,167 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 27.1, revenue per share of $18.44 and a 3.79% return on assets.
Mid-America Apartment Communities, Inc. is a multifamily-focused, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, acquires, and selectively develops apartment communities primarily located in the Southeast, Southwest and Mid-Atlantic regions of the United States. It operates through two segments: Same Store, and Non-Same Store and Other. Its Same Store segment represents those apartment communities that have been owned and stabilized for at least 12 months. Its Non-Same Store and Other segment includes recently acquired communities, communities being developed or in lease-up, communities identified for disposition, and others. Its Non-Same Store and Other segment also includes non-multifamily activities. The Company owns, operates, acquires, and develop approximately 290 apartment communities through the Mid-America Apartments, L.P. (Operating Partnership) and its subsidiaries.
