# Mid-America Apartment Communities, Inc.  Share Price Target ‘$148.90’, now -2.7% Downside Potential

- Link: https://www.directorstalkinterviews.com/mid-america-apartment-communities-inc.share-price-target-148.90-now-2.7-downside-potential/4121168204
- Published: 2024-08-13T13:28:40+01:00
- Author: Charlotte Edwards

**Mid-America Apartment Communities, Inc.** with ticker code (MAA) have now 20 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘hold’. The
range between the high target price and low target price is between $189.00 and 
$124.00 calculating the mean target share price we have $148.90. (at the time of
writing). Given that the stocks previous close was at $153.07 this is indicating
there is a potential downside of -2.7%. The day 50 moving average is $141.81 and
the 200 day MA is $132.31. The market capitalization for the company is 18.27B. 
The current share price for the company is: $152.25 USD

 The potential market cap would be $17,767,837,162 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 34.6, revenue per share of $18.63
and a 3.67% return on assets.

Mid-America Apartment Communities, Inc. is a multifamily-focused, self-administered
and self-managed real estate investment trust (REIT). The Company owns, operates,
acquires, and selectively develops apartment communities primarily located in the
Southeast, Southwest and Mid-Atlantic regions of the United States. It operates 
through two segments: Same Store, and Non-Same Store and Other. Its Same Store segment
represents those apartment communities that have been owned and stabilized for at
least 12 months. Its Non-Same Store and Other segment includes recently acquired
communities, communities being developed or in lease-up, communities identified 
for disposition, and others. Its Non-Same Store and Other segment also includes 
non-multifamily activities. The Company owns, operates, acquires, and develop approximately
290 apartment communities through the Mid-America Apartments, L.P. (Operating Partnership)
and its subsidiaries.

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