Mid-America Apartment Communities, Inc. (NYSE: MAA) kicked off on Tuesday, down -1.59% from the previous trading day, before settling in for the closing price of $166.65. Over the past 52 weeks, MAA has traded in a range of $115.56-$167.39.
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A company in the Real Estate sector has jumped its sales by 6.52% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -11.55%. With a float of $116.07 million, this company’s outstanding shares have now reached $116.69 million.
In an organization with 2427 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 47.66%, operating margin of 55.27%, and the pretax margin is 24.5%.
Mid-America Apartment Communities, Inc. (MAA) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the REIT – Residential Industry. The insider ownership of Mid-America Apartment Communities, Inc. is 0.69%, while institutional ownership is 94.25%. The most recent insider transaction that took place on Apr 05 ’24, was worth 8,573. In this transaction EVP, Chief Strategy & Analysis of this company sold 68 shares at a rate of $126.07, taking the stock ownership to the 15,517 shares. Before that another transaction happened on Apr 05 ’24, when Company’s EVP & CHRO sold 314 for $126.07, making the entire transaction worth $39,586. This insider now owns 20,533 shares in total.
Mid-America Apartment Communities, Inc. (MAA) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.94 earnings per share (EPS), lower than consensus estimate (set at 1.12) by -0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.78% during the next five years compared to 19.57% growth over the previous five years of trading.
Mid-America Apartment Communities, Inc. (NYSE: MAA) Trading Performance Indicators
Take a look at Mid-America Apartment Communities, Inc.’s (MAA) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.82. Likewise, its price to free cash flow for the trailing twelve months is 23.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.39, a number that is poised to hit 1.01 in the next quarter and is forecasted to reach 4.15 in one year’s time.
Technical Analysis of Mid-America Apartment Communities, Inc. (MAA)
Let’s dig in a bit further. During the last 5-days, its volume was 0.57 million. That was inferior than the volume of 0.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.88%. Additionally, its Average True Range was 2.93.
During the past 100 days, Mid-America Apartment Communities, Inc.’s (MAA) raw stochastic average was set at 91.67%, which indicates a significant increase from 63.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.89% in the past 14 days, which was lower than the 19.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $152.00, while its 200-day Moving Average is $137.02. However, in the short run, Mid-America Apartment Communities, Inc.’s stock first resistance to watch stands at $165.76. Second resistance stands at $167.52. The third major resistance level sits at $168.75. If the price goes on to break the first support level at $162.77, it is likely to go to the next support level at $161.54. Assuming the price breaks the second support level, the third support level stands at $159.78.
Mid-America Apartment Communities, Inc. (NYSE: MAA) Key Stats
The company with the Market Capitalisation of 19.17 billion has total of 116,826K Shares Outstanding. Its annual sales at the moment are 2,148 M in contrast with the sum of 552,810 K annual income. Company’s last quarter sales were recorded 546,440 K and last quarter income was 101,950 K.
