Mid-America Apartment Communities, Inc. (MAA) Stock

About Mid-America Apartment Communities, Inc.

Mid-America Apartment Communities, known as MAA, is a prominent S&P 500 entity operating as a Real Estate Investment Trust (REIT). Its core objective is to generate outstanding, comprehensive investment returns for its shareholders. MAA achieves this by strategically acquiring, developing, redeveloping, owning, and managing high-quality apartment complexes. These properties are primarily located across the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, the company held an interest in 102,772 apartment units, a figure that includes communities currently under development, spread throughout 16 states and the District of Columbia.

Mid-America Apartment Communities, Inc. is led by CEO Adrian Bradley Hill, employs 2,507 people, headquartered in Germantown, US, publicly traded since 1994.

Mid-America Apartment Communities, Inc. (MAA) stock trades at $135.15 with a market capitalization of $15.73B. The stock is valued at a price-to-earnings (P/E) ratio of 34.07, price-to-book of 2.64, price-to-sales of 6.76. Over the past 52 weeks the stock has ranged between $120.30 and $153.93, and currently trades 12.2% below its 52-week high. It pays a dividend yielding 4.74%.

On profitability, Mid-America Apartment Communities, Inc. generates a return on equity (ROE) of 7.87%, return on capital employed of 10.60%, an operating margin of 28.02%, a net profit margin of 17.60%.

In its most recent fiscal year, Mid-America Apartment Communities, Inc. reported annual revenue of $2.2B, net profit of $447.0M, revenue has compounded at 5.7% a year over the last five years, profit at 11.9% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 1.02, a current ratio of 0.16, total assets of $12.0B, $60.0M in cash and equivalents.

MAA has an average daily trading volume of 1,015,920 shares, a beta of 0.74 (less volatile than the overall market).

Official website: www.maac.com