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Less Than Hour Before The NYSE Open, Mid Is Down By 4%

(VIANEWS) – The NYSE opens in less than hour and Mid‘s pre-market value is already 4.72% down.

Mid’s last close was $131.58, 16.96% below its 52-week high of $158.46.

The last session, NYSE ended with Mid (MAA) rising 0.6% to $131.58. NYSE rose 0.31% to $18,312.67, after two consecutive sessions in a row of gains, on what was a somewhat bullish trend trading session.

About Mid

MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of December 31, 2023, MAA had ownership interest in 102,662 apartment units, including communities currently in development, across 16 states and the District of Columbia.

Earnings Per Share

As for profitability, Mid has a trailing twelve months EPS of $4.71.

PE Ratio

Mid has a trailing twelve months price to earnings ratio of 27.94. Meaning, the purchaser of the share is investing $27.94 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.11%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Jan 11, 2024, the estimated forward annual dividend rate is 5.88 and the estimated forward annual dividend yield is 4.36%.

Volume

Today’s last reported volume for Mid is 741520 which is 44.08% below its average volume of 919645.

More news about Mid (MAA).

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