MAA Intrinsic Value – Panagora Asset Management Increases Stake in Mid-America Apartment Communities,
June 12, 2023
☀️Trending News
MID-AMERICA ($NYSE:MAA): Panagora Asset Management Inc. has recently increased its stake in Mid-America Apartment Communities, Inc., signaling the company’s long-term commitment to the real estate sector. Mid-America Apartment Communities, Inc., or MAA, is a real estate investment trust that invests in multifamily residential properties. MAA is committed to creating high-quality living spaces for their customers. With an experienced management team and a well-diversified portfolio of properties, MAA is well positioned to capitalize on market opportunities in the rental housing industry. The company’s focus on providing a superior experience for its customers has resulted in many awards and recognition from industry leaders.
MAA has a long track record of strong financial performance and is well positioned for future growth. The company’s portfolio of properties is spread across multiple markets with a diverse mix of assets and tenants. With rent growth that is outpacing inflation, the company is well positioned to deliver strong returns to its investors. This increased investment will help MAA continue to make long-term investments in the rental housing industry and ensure their customers are provided with high-quality living spaces.
Stock Price
On Monday, Mid-America Apartment Communities, Inc. (MID-AMERICA) stock opened at $150.4 and closed at $150.3, down by 0.2% from the previous day’s closing price of 150.7. The purchase by Panagora is the latest development in MID-AMERICA’s ongoing transformation and strengthens its commitment to maximizing shareholder value. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MAA. More…
| Total Revenues | Net Income | Net Margin |
| 2.07k | 658.42 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MAA. More…
| Operations | Investing | Financing |
| 1.06k | -405.24 | -722.77 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for MAA. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 11.35k | 4.96k | 51.8 |
Key Ratios Snapshot
Some of the financial key ratios for MAA are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 32.0% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – MAA Intrinsic Value
At GoodWhale, we have conducted an analysis of MID-AMERICA APARTMENT COMMUNITIES’s wellbeing. Through our proprietary Valuation Line, we have determined that the intrinsic value of MID-AMERICA APARTMENT COMMUNITIES share is around $194.8. However, currently MID-AMERICA APARTMENT COMMUNITIES stock is traded at $150.3, making it significantly undervalued by 22.9%. This presents investors with a great opportunity to buy in and join the company’s growth story. More…
Peers
Mid-America Apartment Communities Inc (MAA) is a real estate investment trust that owns, operates, and develops apartment communities in the United States. MAA has a portfolio of over 100,000 apartments in 21 states. MAA’s competitors include Centerspace, American Homes 4 Rent, and Sun Communities Inc.
– Centerspace ($NYSE:CSR)
Centerspace is a leading provider of real estate solutions and services. It has a market cap of 1.01B as of 2022. The company offers a comprehensive range of services including property management, asset management, development, and investment management. It has a strong presence in the United States, Canada, and Europe.
– American Homes 4 Rent ($NYSE:AMH)
American Homes 4 Rent is a publicly traded real estate investment trust that invests in, acquires, and operates residential properties in the United States. As of December 31, 2020, the Company owned 54,537 single-family homes in 26 states. The Company’s homes are leased to residents on a month-to-month basis and are not subject to long-term leases.
– Sun Communities Inc ($NYSE:SUI)
Sun Communities Inc. is a real estate investment trust that owns, operates, and develops manufactured housing and RV communities. As of December 31, 2020, the company owned, operated, or had an interest in 358 manufactured housing and RV communities comprising approximately 148,000 developed sites. It serves customers in the United States. The company was founded in 1976 and is based in Southfield, Michigan.
Summary
Investors in Mid-America Apartment Communities, Inc (MAA) have recently experienced a boost in confidence as Panagora Asset Management Inc. recently increased its stake in the company. Analysts suggest that MAA is well-positioned to benefit from the current strong rental market, especially in urban areas. Its portfolio of large multi-family properties located in the Southeast and Southwest offer good potential for return.
The company also has a solid balance sheet, with low debt as well as a strong track record of dividend payments. With such strong fundamentals, MAA is a good addition to any portfolio, offering potential for steady returns and growth.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
