MID-AMERICA APARTMENT COMMUNITIES’ Shares Drop 0.43% to $145.21 on Dismal Trading Session
August 5, 2023
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MID-AMERICA ($NYSE:MAA): Mid-America Apartment Communities Inc. (MAA), a real estate investment trust, experienced a 0.43% decline to $145.21 on Friday, during a generally weak trading session. MAA specializes in the acquisition, development, and management of multi-family apartment communities located in the Southeastern and Southwestern United States. MAA is engaged in the acquisition, renovation, development, and repositioning of multifamily communities. It focuses on creating value by renovating, upgrading, and redeveloping existing properties, as well as developing new properties.
The company is also involved in the ownership, operation, and management of apartment communities located in Kansas, Missouri, Texas, Tennessee, Florida, Georgia, North Carolina and South Carolina. MAA’s portfolio is concentrated in the top markets in the United States and its communities are located in some of the most desirable areas of the country.
Analysis
At GoodWhale, we have conducted an analysis of MID-AMERICA APARTMENT COMMUNITIES’s fundamentals and concluded that the company has a high health score of 9/10 for its cashflows and debt. This indicates that MID-AMERICA APARTMENT COMMUNITIES is in a very strong financial position, capable of paying off debt and funding future operations. Based on our Star Chart, MID-AMERICA APARTMENT COMMUNITIES is classified as a ‘cow’ type of company, which we deem to have the track record of paying out consistent and sustainable dividends. Therefore, investors who are interested in dividend yields and low volatility will likely be drawn to such a company. Furthermore, MID-AMERICA APARTMENT COMMUNITIES is strong in dividend, growth, and profitability, while having a medium rating in asset. All in all, this makes MID-AMERICA APARTMENT COMMUNITIES an attractive investment option for many types of investors. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for MAA. More…
| Total Revenues | Net Income | Net Margin |
| 2.11k | 593.4 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for MAA. More…
| Operations | Investing | Financing |
| 1.1k | -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 |
| 11.39k | 5.02k | 53 |
Key Ratios Snapshot
Some of the financial key ratios for MAA are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 32.5% |
| FCF Margin | ROE | ROA |
| – | – | – |
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 were unimpressed with Mid-America Apartment Communities, Inc. (MAA) on Friday as shares fell 0.43% to $145.21. Analysts have been mixed in their opinion of MAA, with some reiterating their buy ratings while others argue for a hold rating. Investors should keep an eye on the company’s financials and track how its portfolio of apartment communities across the United states is performing to make an informed decision about investing in MAA.
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