MAA Mid America Apartment Communities Inc

  1. Stocks
  2. Real Estate
  3. NYSE: MAA

Price (delayed)

$143.19

Market cap

$16.7B

P/E Ratio

26.08

Dividend/share

$4.99

EPS

$5.49

Enterprise value

$21.05B

Mid-America Apartment Communities is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States. As ...

Highlights
MAA's P/E is 41% below its 5-year quarterly average of 44.1 and 21% below its last 4 quarters average of 33.0
MAA's gross profit is up by 31% year-on-year and by 7% since the previous quarter
Sector: Real Estate
Industry: REIT - Residential
Website: http://www.maac.com/
Peers: DLR BXP

Key stats

What are the main financial stats of MAA
Market
Shares outstanding
116.6M
Market cap
$16.7B
Enterprise value
$21.05B
Valuations
Price to earnings (P/E)
26.08
Price to book (P/B)
2.75
Price to sales (P/S)
8.19
EV/EBIT
26.78
EV/EBITDA
15.83
EV/Sales
10.42
Earnings
Revenue
$2.02B
EBIT
$785.98M
EBITDA
$1.33B
Free cash flow
$639.24M
Per share
EPS
$5.49
Free cash flow per share
$5.54
Book value per share
$52
Revenue per share
$17.49
TBVPS
$97.35
Balance sheet
Total assets
$11.24B
Total liabilities
$5.03B
Debt
$4.41B
Equity
$6.01B
Working capital
N/A
Liquidity
Debt to equity
0.74
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.27
Margins
EBITDA margin
65.8%
Gross margin
37.3%
Net margin
31.6%
Operating margin
31.1%
Efficiency
Return on assets
5.6%
Return on equity
10.6%
Return on invested capital
5%
Return on capital employed
N/A
Return on sales
38.9%
Dividend
Dividend yield
3.48%
DPS
$4.99
Payout ratio
90.9%

MAA stock price

How has the Mid America Apartment Communities stock price performed over time
Intraday
-0.1%
1 week
-2.3%
1 month
-11.32%
1 year
-30.61%
YTD
-8.79%
QTD
-8.79%

Financial performance

How have Mid America Apartment Communities's revenue and profit performed over time
Revenue
$2.02B
Gross profit
$753.17M
Operating income
$628.88M
Net income
$637.44M
Gross margin
37.3%
Net margin
31.6%
The company's operating income rose by 35% YoY and by 8% QoQ
MAA's gross profit is up by 31% year-on-year and by 7% since the previous quarter
The company's operating margin rose by 19% YoY and by 4% QoQ
Mid America Apartment Communities's net income has increased by 19% YoY

Growth

What is Mid America Apartment Communities's growth rate over time

Valuation

What is Mid America Apartment Communities stock price valuation
P/E
26.08
P/B
2.75
P/S
8.19
EV/EBIT
26.78
EV/EBITDA
15.83
EV/Sales
10.42
MAA's P/E is 41% below its 5-year quarterly average of 44.1 and 21% below its last 4 quarters average of 33.0
The EPS has increased by 19% year-on-year
MAA's P/B is 19% below its last 4 quarters average of 3.4 but 6% above its 5-year quarterly average of 2.6
The price to sales (P/S) is 22% lower than the last 4 quarters average of 10.5 and 11% lower than the 5-year quarterly average of 9.2
The revenue has increased by 14% year-on-year and by 3.3% since the previous quarter

Efficiency

How efficient is Mid America Apartment Communities business performance
Mid America Apartment Communities's ROA has increased by 19% YoY
MAA's return on equity is up by 18% year-on-year
The ROIC has increased by 11% YoY
The return on sales has declined by 3.5% since the previous quarter

Dividends

What is MAA's dividend history
Dividend details
DPS
$4.99
Dividend yield
3.48%
Payout ratio
90.9%
Recent dividends

Financial health

How did Mid America Apartment Communities financials performed over time
Mid America Apartment Communities's total assets is 123% more than its total liabilities
The company's total liabilities fell by 2.6% QoQ
The debt is 26% less than the equity
The company's debt to equity fell by 2.6% QoQ and by 2.6% YoY
The debt has contracted by 2.3% from the previous quarter and by 2.3% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.