With a one year PEG ratio of 480.59, Mid America Apartment Communities Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 92.14% of US stocks.
The ratio of debt to operating expenses for Mid America Apartment Communities Inc is higher than it is for about 98.28% of US stocks.
The volatility of Mid America Apartment Communities Inc's share price is greater than that of merely 2.63% US stocks with at least 200 days of trading history.
Stocks with similar financial metrics, market capitalization, and price volatility to Mid America Apartment Communities Inc are AMBC, DKL, SAFE, HASI, and LXP.
Mid-America Apartment Communities, Inc. (MAA) Company Bio
Mid-America Apartment Communities is engaged in acquisition, redevelopment, new development, property management, and disposition of multifamily apartment communities. The company was founded in 1977 and is based in Memphis, Tennessee.
MAA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Mid America Apartment Communities Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Mid America Apartment Communities Inc ranked in the 89th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for MAA, they are:
Its compound free cash flow growth rate, as measured over the past 3.26 years, is 1.38% -- higher than 92.79% of stocks in our DCF forecasting set.
Mid America Apartment Communities Inc's weighted average cost of capital (WACC) is 8%; for context, that number is higher than only 18.71% of tickers in our DCF set.
Relative to other stocks in its sector (Real Estate), Mid America Apartment Communities Inc has a reliance on debt greater than only 13.24% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
OPI, EXR, TPHS, SQFT, and WRE can be thought of as valuation peers to MAA, in the sense that they are in the Real Estate sector and have a similar price forecast based on DCF valuation.
Mid-America Apartment Communities, Inc. or MAA (NYSE: MAA) today announced the taxable composition of the 2020 distributions paid to shareholders. The company does not expect any portion of the 2020 distributions paid to shareholders to represent a return of capital. The company did not incur any foreign taxes. The composition presented is applicable to all dividend distributions during 2020. The classifications for 2020 are as follows:
Mid-America Apartment Communities, Inc. (NYSE:MAA) EVP Melanie Carpenter sold 208 shares of the stock in a transaction that occurred on Tuesday, January 12th. The stock was sold at an average price of $123.51, for a total transaction of $25,690.08. Following the transaction, the executive vice president now directly owns 16,399 shares of the company’s stock, […]
Mid-America Apartment Communities (NYSE: MAA) and American Homes 4 Rent (NYSE: AMH) are two of the leading residential real estate investment trusts (REITs) that operate two very different business models within the same sector. Mid-America Apartment Communities acquires, develops, owns, and manages 102,105 apartment communities in 16 states including Washington, D.C., and in the Southeast, Southwest, and mid-Atlantic regions of the United States. Unlike other high-density or urban apartment REITs, Mid-America Apartment Communities has fared rather well despite COVID-19 challenges, largely because of their asset locations, tenant base, and business model.