The company's upcoming earnings report on Tuesday, April 28th, is expected to reveal a consensus EPS estimate of 0.829.
Mid-America Apartment Communities, Inc. (MAA) is currently priced at $128.7, marking a $3.31 increase from the previous close. The asset has seen a 2.64% price percentage change with trading volume at $171,738.
In the latest quarterly earnings report on Tuesday, February 3rd, MAA surpassed expectations with a consensus EPS of 2.22. The consensus estimate for revenue stands at 556.77 million.
MAA offers a forward dividend yield of 4.76%, with a dividend per share MRQ of $1.53. The company's trailing twelve-month dividend per share is $6.09.
The company's free cash flow is reported at $158.60 million, with operating cash flow at $261.67 million. MAA ended the period with $73.97 million in cash.
MAA generated $555.56 million in revenue, resulting in a net income of $57.57 million. Earnings per share (EPS) and EPS diluted are reported at 48 cents.
Key ratios for MAA include a gross profit margin of 36.07%, an operating profit margin of 28.38%, and a return on equity of 1.01.
The company holds total assets of $11.98 billion, with total liabilities at $6.14 billion, and net debt at $5.35 billion.
This comprehensive overview showcases MAA's robust financial standing and positive momentum leading into the upcoming earnings release.
MAA, an S&P 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, MAA had ownership interest in 102,772 apartment units, including communities currently in development, across 16 states and the District of Columbia.