The stock of Mid-America Apartment Communities, Inc. (NYSE: MAA) has increased by 0.82 when compared to last closing price of 123.79. Despite this, the company has experienced a -6.13% fall in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-17 that I always enjoy sharing personal lessons learned from my experience as a commercial real estate developer and investor. It’s important to emphasize the importance of real-life experience over formal education. The most durable education is self-education.
Is It Worth Investing in Mid-America Apartment Communities, Inc. (NYSE: MAA) Right Now?
The price-to-earnings ratio for Mid-America Apartment Communities, Inc. (NYSE: MAA) is above average at 26.53x. The 36-month beta value for MAA is also noteworthy at 0.80. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 5 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for MAA is 115.94M, and at present, short sellers hold a 2.18% of that float. The average trading volume of MAA on April 18, 2024 was 883.96K shares.
MAA’s Market Performance
MAA stock saw a decrease of -6.13% in the past week, with a monthly decline of -3.84% and a quarterly a decrease of -6.17%. The volatility ratio for the week is 2.31%, and the volatility levels for the last 30 days are 2.00% for Mid-America Apartment Communities, Inc. (MAA). The simple moving average for the past 20 days is -3.88% for MAA’s stock, with a -6.67% simple moving average for the past 200 days.
Analysts’ Opinion of MAA
Many brokerage firms have already submitted their reports for MAA stocks, with Goldman repeating the rating for MAA by listing it as a “Buy.” The predicted price for MAA in the upcoming period, according to Goldman is $149 based on the research report published on February 22, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see MAA reach a price target of $139. The rating they have provided for MAA stocks is “Hold” according to the report published on January 30th, 2024.
Truist gave a rating of “Buy” to MAA, setting the target price at $158 in the report published on January 16th of the current year.
MAA Trading at -3.02% from the 50-Day Moving Average
After a stumble in the market that brought MAA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.24% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 2.31%, as shares sank -4.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.03% lower at present.
During the last 5 trading sessions, MAA fell by -6.13%, which changed the moving average for the period of 200-days by -17.82% in comparison to the 20-day moving average, which settled at $129.56. In addition, Mid-America Apartment Communities, Inc. saw -7.18% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MAA starting from BOLTON H ERIC JR, who sale 2,642 shares at the price of $126.07 back on Apr 05 ’24. After this action, BOLTON H ERIC JR now owns 317,737 shares of Mid-America Apartment Communities, Inc., valued at $333,077 using the latest closing price.
Carpenter Melanie, the EVP & CHRO of Mid-America Apartment Communities, Inc., sale 314 shares at $126.07 during a trade that took place back on Apr 05 ’24, which means that Carpenter Melanie is holding 20,533 shares at $39,586 based on the most recent closing price.
Stock Fundamentals for MAA
Current profitability levels for the company are sitting at:
- 0.5 for the present operating margin
- 0.5 for the gross margin
The net margin for Mid-America Apartment Communities, Inc. stands at 0.26. The total capital return value is set at 0.1. Equity return is now at value 9.10, with 4.86 for asset returns.
Based on Mid-America Apartment Communities, Inc. (MAA), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is 7.21.
Currently, EBITDA for the company is 1.29 billion with net debt to EBITDA at 4.49. When we switch over and look at the enterprise to sales, we see a ratio of 8.89.
Conclusion
In summary, Mid-America Apartment Communities, Inc. (MAA) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
