Mid-America Apartment Communities, Inc. is expected to announce its latest quarterly earnings on Tuesday, April 28th, with a consensus estimate earnings per share (EPS) of $0.829.
Mid-America Apartment Communities, Inc. (MAA) is currently priced at $129.52, marking a price increase of $4.13 (3.29%) from the previous close. The trading volume stands at $294,468, showing a 30.21% increase relative to the average.
In the most recent quarterly earnings report on Tuesday, February 3rd, MAA surpassed expectations with an EPS of $2.22. The consensus estimate for revenue was $556.77 million.
MAA offers a forward dividend yield of 4.73%. The dividend per share over the last quarter was $1.53, while the trailing twelve months (TTM) dividend per share is $6.09.
The company shows a positive free cash flow of $158.60 million, with operating cash flow at $261.67 million. Noteworthy is the net change in cash of $28 million.
MAA reported a net income of $57.57 million, with an EPS of 48 cents. The gross profit margin stands at 36.07%, and the operating profit margin at 28.38%.
Key ratios include a net profit margin of 10.36%, return on assets of 0.48, and a price-to-earnings ratio of 70.57.
The company holds total assets of $11.98 billion, with total liabilities at $6.14 billion, showcasing a strong financial position.
This comprehensive analysis provides insights into MAA's financial standing, recent performance, and future outlook.
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.