How to Buy Mid America Apartment Communities Stock
Mid America Apartment Communities Inc
Mid America Apartment Communities is a residential REIT company located in Tennessee, United States, which is part of the Real Estate sector, and is traded under the ticker MAA on the NYSE exchange.
Mid America Apartment Communities stock last closed at $128.40, up 0.71% from the previous day, and has decreased 14.39% in one year. It has underperformed other stocks in the REIT - Residential industry by 0.14 percentage points. Mid America Apartment Communities stock is currently +11.11% from its 52-week low of $115.56, and -18.97% from its 52-week high of $158.46.
As of Apr 24, 2024, there are 116.72M MAA shares outstanding. The market cap of MAA is $14.99B. In the past 24 hours, 451,624 MAA shares were traded.
How to Buy Mid America Apartment Communities Stock
Wondering how to invest in Mid America Apartment Communities stock? Here's how.
- Decide where to buy Mid America Apartment Communities stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Mid America Apartment Communities stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your method of payment and add your info.
- Evaluate Mid America Apartment Communities stock: The Mid America Apartment Communities ticker symbol is MAA. Is Mid America Apartment Communities stock a good investment? Should you buy shares of MAA? How do MAA's underlying business fundamentals look? Do top analysts think Mid America Apartment Communities is a good buy? Why has MAA's stock price moved recently? (Hint: Our stock research tools can help you evaluate if MAA is a good stock to buy).
- Place your MAA purchase: Decide if you will purchase MAA shares at the current market price or use a limit order to buy MAA stock at a given price.
- Keep an eye on your MAA position: Create a watchlist to get live updates on your new investment in Mid America Apartment Communities stock.
Step 1: Decide where to buy Mid America Apartment Communities stock
You need a brokerage account in order to access the NYSE market and buy MAA shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal info so you can invest in MAA today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on a mobile trading app, you can securely and quickly fund your account:
Watch the video below for more details depositing funds into your new investment account.
Step 4: Evaluate Mid America Apartment Communities stock
After you have chosen the best place to buy Mid America Apartment Communities stock, it's critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Mid America Apartment Communities Numbers
MAA Zen Score
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on MAA's stock page.
How is MAA stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge MAA's fair value.
Using relative valuations metrics:
- MAA may be overvalued based on its P/E ratio of 27.26x, relative to REIT - Residential industry P/E ratio of 17.01x
- MAA may be overvalued based on its P/B ratio of 2.46x, relative to REIT - Residential industry P/B ratio of 2.29x
- MAA may be undervalued based on its PEG ratio of 0.87x
You can access additional valuation analysis on MAA's stock here.
A look at MAA Cashflows and Balance Sheet
Passed Health Checks:
- MAA's operating cash flow of $1.14B allows it to safely service it's debt of $4.54B.
Failed Health Checks:
- MAA has a relatively high debt to equity ratio of 0.85.
- Total MAA debt is higher than 5 years ago, relative to shareholder equity.
- MAA earnings of $706.78M is not sufficient to cover its interest payments.
- MAA profit margin has gone down from 31.4% to 25.6% in the past year.
Is it a good time to buy MAA stock, according to analysts?
Out of 11 sell side analysts who give ratings on MAA, the consensus analyst rating on MAA is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest MAA Analyst Forecasts
Chandni Luthra, a bottom 7% analyst from Goldman Sachs reinstates MAA with a strong buy rating and announces their MAA price target of $149.00, on Feb 22, 2024.
Brad Heffern, a bottom 9% analyst from RBC Capital reiterates MAA with a hold rating and maintains their MAA price target from $136.00 to $136.00, on Feb 9, 2024.
Nicholas Yulico, a bottom 15% analyst from ScotiaBank upgrades MAA to a hold rating and raises their MAA price target from $133.00 to $147.00, on Jan 16, 2024.
Linda Tsai, a top 41% analyst from Jefferies downgrades MAA to a hold rating and lowers their MAA price target from $140.00 to $136.00, on Jan 2, 2024.
David Toti, a bottom 27% analyst from Colliers Securities upgrades MAA to a strong buy rating and announces their MAA price target of $144.00, on Nov 28, 2023.
You can dig deeper into what analysts are saying on the Mid America Apartment Communities stock forecast page.
MAA Momentum
MAA Performance Numbers
Last year, MAA earnings were $549.12M. Over the past 5 year, MAA's earnings have increased by 19.53% per year. This was faster than the REIT - Residential industry average of 12.57%.
Last year, MAA revenue was $2.15B. In the last 5 year, MAA's revenue has increased by 6.46% per year. This was slower than the REIT - Residential industry average of 7.67%.
Dive into MAA's earnings and revenue performance here.
What are MAA executives and large shareholders up to?
In the past year, insiders at MAA have sold more shares than they have bought.
Timothy Argo, EVP Chief Strategy Analysis of MAA, was the latest MAA insider to sell. They sold $8,572.76 worth of MAA stock on Apr 5, 2024.
Dig into more about who owns MAA stock here.
Can I rely on MAA as an income stream?
Mid America Apartment Communities pays a dividend of 4.47%, compared to the REIT - Residential industry's average dividend yield of 4.1%. If you owned $1,000 worth of MAA stock, you would have been paid $44.70 in the past 12 months.
Mid America Apartment Communities dividend payments have consistently grown over the past decade and have remained stable.
Find more analysis about Mid America Apartment Communities dividend yield and history here.
What others are saying about MAA
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your MAA purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Click the Open Trade button and eToro will execute your order.
If you require more help buying stocks on eToro, click the how to video below:
Step 6: Keep an eye on your MAA position
Now that you own some MAA stock, you'll want to keep up with your new company.
Put MAA on a watchlist to keep tabs on your MAA stock.
MAA Feed
How to Buy Stock in Mid America Apartment Communities
To reiterate, here are the 6 steps you need to take to buy Mid America Apartment Communities stock right now:
- Decide where to buy Mid America Apartment Communities stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Mid America Apartment Communities stock
- Place your MAA purchase
- Keep an eye on your MAA position
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Mid America Apartment Communities, click below.
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