Mid-america Apartment Communities Inc. logo

MAA

Mid-america Apartment Communities Inc.

$139.32

Earnings Summary

Revenue
$543.62Mn
Net Profits
$143.75Mn
Net Profit Margins
26.44%
PE Ratio
29.08

Highlights

Revenue:

Mid-america Apartment Communities Inc.’s revenue jumped 2.76% since last year same period to $543.62Mn in the Q1 2024. On a quarterly growth basis, Mid-america Apartment Communities Inc. has generated 0.25% jump in its revenue since last 3-months.

Net Profits:

Mid-america Apartment Communities Inc.’s net profit jumped 5.77% since last year same period to $143.75Mn in the Q1 2024. On a quarterly growth basis, Mid-america Apartment Communities Inc. has generated -10.42% fall in its net profits since last 3-months.

Net Profit Margins:

Mid-america Apartment Communities Inc.’s net profit margin jumped 2.93% since last year same period to 26.44% in the Q1 2024. On a quarterly growth basis, Mid-america Apartment Communities Inc. has generated -10.65% fall in its net profit margins since last 3-months.

PE Ratio:

Mid-america Apartment Communities Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 29.08.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Mid-america Apartment Communities Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1
EPS Estimate Current Year
1

Highlights

EPS Estimate Current Quarter:

Mid-america Apartment Communities Inc.’s earning per share (EPS) estimates for the current quarter stand at 1 - a -2.91% fall from last quarter’s estimates.

EPS Estimate Current Year:

Mid-america Apartment Communities Inc.’s earning per share (EPS) estimates for the current year stand at 1.

Key Ratios

Key ratios of the Mid-america Apartment Communities Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
1.22
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
1.47

Highlights

Earning Per Share (EPS):

Mid-america Apartment Communities Inc.’s earning per share (EPS) jumped 5.17% since last year same period to 1.22 in the Q1 2024. This indicates that the Mid-america Apartment Communities Inc. has generated 5.17% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Mid-america Apartment Communities Inc.’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Mid-america Apartment Communities Inc.’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

Mid-america Apartment Communities Inc. declared 1.47 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
1.03
1.22
18.45%