Closing Figures: Mid-America Apartment Communities, Inc. (MAA)’s Negative Finish at 163.92, Down -0.05

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After finishing at $164.00 in the prior trading day, Mid-America Apartment Communities, Inc. (NYSE: MAA) closed at $163.92, down -0.05%. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 1.12 million shares were traded. MAA stock price reached its highest trading level at $166.415 during the session, while it also had its lowest trading level at $162.97.

Ratios:

Our goal is to gain a better understanding of MAA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 250.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.23. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.73.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Exane BNP Paribas on September 11, 2024, initiated with a Neutral rating and assigned the stock a target price of $169.

On September 04, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $187.

Wells Fargo Upgraded its Equal Weight to Overweight on August 26, 2024, whereas the target price for the stock was revised from $138 to $174.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 05 ’24 when Argo Timothy sold 68 shares for $126.07 per share. The transaction valued at 8,573 led to the insider holds 15,517 shares of the business.

Carpenter Melanie sold 314 shares of MAA for $39,586 on Apr 05 ’24. The EVP & CHRO now owns 20,533 shares after completing the transaction at $126.07 per share. On Apr 05 ’24, another insider, BOLTON H ERIC JR, who serves as the President and CEO of the company, sold 2,642 shares for $126.07 each. As a result, the insider received 333,077 and left with 317,737 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MAA now has a Market Capitalization of 19665481728 and an Enterprise Value of 24005468160. As of this moment, Mid-America’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.31, and their Forward P/E ratio for the next fiscal year is 39.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.81 while its Price-to-Book (P/B) ratio in mrq is 3.18. Its current Enterprise Value per Revenue stands at 11.04 whereas that against EBITDA is 19.189.

Stock Price History:

Over the past 52 weeks, MAA has reached a high of $167.39, while it has fallen to a 52-week low of $115.56. The 50-Day Moving Average of the stock is 7.84%, while the 200-Day Moving Average is calculated to be 19.63%.

Shares Statistics:

The stock has traded on average 678.05K shares per day over the past 3-months and 726000 shares per day over the last 10 days, according to various share statistics. A total of 116.69M shares are outstanding, with a floating share count of 116.07M. Insiders hold about 0.69% of the company’s shares, while institutions hold 94.25% stake in the company. Shares short for MAA as of 1724976000 were 2869995 with a Short Ratio of 4.23, compared to 1722384000 on 2841530. Therefore, it implies a Short% of Shares Outstanding of 2869995 and a Short% of Float of 3.3800002000000005.

Dividends & Splits

In the trailing 12 months, MAA’s forward annual dividend rate was 5.74, compared to 5.81 this year. Against a Trailing Annual Dividend Yield of 0.035The stock’s 5-year Average Dividend Yield is 3.14.

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