MAA Intrinsic Value Calculator – Mid-America Apartment Communities Prices Senior Unsecured Notes to Fund Growth

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MID-AMERICA ($NYSE:MAA): Proceeds from the offering are intended to be used for general corporate purposes, which may include financing of the company’s acquisition and development activities and repayment of debt. MAA is an internally managed real estate investment trust that owns, operates, develops, and redevelops apartment communities mainly in the southeastern and southwestern United States. It also provides management services to third-party owners of apartment communities. MAA’s primary business is the acquisition, development, redevelopment, ownership, and operation of multifamily apartment communities in select markets.

Share Price

The stock opened the day at $131.7 and closed at $132.2. MID-AMERICA APARTMENT COMMUNITIES intends to use the net proceeds from the offering to fund growth, which may include acquisitions, investments in existing properties, as well as other general corporate purposes. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for MAA. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for MAA. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for MAA. More…

Key Ratios Snapshot

Some of the financial key ratios for MAA are shown below. More…

Analysis – MAA Intrinsic Value Calculator

At GoodWhale, we analyze MID-AMERICA APARTMENT COMMUNITIES’s fundamentals to provide investors with the most accurate information on the company. Our proprietary Valuation Line indicates that the fair value of MID-AMERICA APARTMENT COMMUNITIES shares is around $198.0. However, the stock is currently trading at $132.2, which means that it’s undervalued by 33.2%. This could be a great opportunity for investors to enter the market at a discount and benefit from its future growth potential. 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

This offering is expected to help finance the company’s operations and current and future investments. Investment analysis of the company shows that its financial performance has been strong, with consistent revenue growth and a strong balance sheet. The company has been able to generate significant cash flows and maintain ample liquidity.

Its debt to assets and debt to equity ratios remain within prudent limits, and its capital structure is considered stable. Overall, Mid-America Apartment Communities is a strong investment opportunity for investors looking for a reliable source of income.