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Sunday, April 2, 2023

What Are The Chances Of Mid-America Apartment Communities Inc. (NYSE: MAA) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Mid-America Apartment Communities Inc. (MAA) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.81, or -0.52%, to $156.05. The Mid-America Apartment Communities Inc. has recorded 15,073 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that MAA Announces Regular Quarterly Preferred Dividend.

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Stocks Info

As a NYSE listed company, MAA falls under the Real Estate sector while operating within the REIT – Residential industry segment. At the end of the last regular session, the stock closed at $156.86 and fluctuated between $157.32 as its day high and $154.28 as its day low. The current market capitalization of Mid-America Apartment Communities Inc. is $18.45B. A total of 0.71 million shares were traded on the day, compared to an average of 706.86K shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, MAA has seen 6 BUY and 23 SELL insider trades, representing the acquisition of 13,023 and the disposition of 10,066 shares. Over the last 12 months, there were 25 BUYs and 39 SELLs from insiders. Insiders purchased 115,500 shares during that period but sold 91,665.

In the most recent transaction, Hill Adrian sold 584 shares of MAA for 164.28 per share on Feb 21. After the transaction, the EVP, Chief Investment Officer now owns 27,104 company shares. In a previous transaction on Jan 11, DelPriore Robert J. sold 988 shares at 155.57 per share. MAA shares that EVP, General Counsel owns now total 48,744.

Among the insiders who sold shares, Carpenter Melanie disposed of 269 shares on Jan 11 at a per-share price of $155.57. This resulted in the EVP & CHRO holding 17,499 shares of MAA after the transaction. In another insider transaction, Campbell Albert M III sold 93 shares at $155.57 per share on Jan 11. Company shares held by the EVP, Chief Financial Officer now total 55,381.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Mid-America Apartment Communities Inc. pays an annual dividend of $5.60, resulting in a dividend yield of 3.57%, and it has a price to earnings (P/E) ratio of 28.61. MAA’s most recent ex-dividend date was 1/12/2023 when it declared a $1.40 quarterly dividend that was paid in cash on 1/31/2023. Previously, the company paid the dividend on 10/31/2022 with an ex-dividend date of 10/13/2022. The MAA stock dividend was $1.25 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for MAA in the last 3 months, the mean price target is $180.67 with high estimates of $205.00 and low estimates of $158.00. In terms of 52-week highs and lows, MAA has a high of $217.64 and a low of $141.13.

As of this writing, MAA has an earnings estimate of $1.09 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $1.15 per share and a lower estimate of $1.06. The company reported an EPS of $1.05 in the last quarter, which was -5.40% lower than expectations of $1.11.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 22 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MAA is Sell with a score of 3.67. A total of 7 analysts rated the stock as Buy while 1 rated it as Overweight while 13 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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