Thomas Grimes - Mid America Chief Operating Officer, Executive Vice President

MAA Stock  USD 129.79  0.55  0.42%   

President

Mr. Thomas L. Grimes, Jr., is Chief Operating Officer, Executive Vice President of Mid America Apartment Communities Inc. He was promoted to COO in December 2011, having previously served as EVP and Director of Property Management. Prior to this position, Mr. Grimes served us as an Operations Director over the Central and North Regions. Mr. Grimes also served as Director of Business Development where he worked with our joint venture partners, managed our new development efforts and directed our ancillary income business. Mr. Grimes joined us in 1994. since 2011.
Age 55
Tenure 13 years
Address 6815 Poplar Avenue, Germantown, TN, United States, 38138-3606
Phone901 682 6600
Webhttps://www.maac.com

Mid America Management Efficiency

The company has Return on Asset of 0.0379 % which means that on every $100 spent on assets, it made $0.0379 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0911 %, implying that it generated $0.0911 on every 100 dollars invested. Mid America's management efficiency ratios could be used to measure how well Mid America manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 4.57 B in debt with debt to equity (D/E) ratio of 0.74, which is OK given its current industry classification. Mid-America Apartment has a current ratio of 0.19, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Mid America until it has trouble settling it off, either with new capital or with free cash flow. So, Mid America's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Mid-America Apartment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Mid to invest in growth at high rates of return. When we think about Mid America's use of debt, we should always consider it together with cash and equity.

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MAA, an SP 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, MAA had ownership interest in 102,772 apartment units, including communities currently in development, across 16 states and the District of Columbia. Mid-America Apartment operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 2429 people. Mid America Apartment Communities (MAA) is traded on New York Stock Exchange in USA. It is located in 6815 Poplar Avenue, Germantown, TN, United States, 38138-3606 and employs 2,427 people. Mid America is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

Mid-America Apartment Leadership Team

Elected by the shareholders, the Mid America's board of directors comprises two types of representatives: Mid America inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Mid. The board's role is to monitor Mid America's management team and ensure that shareholders' interests are well served. Mid America's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Mid America's outside directors are responsible for providing unbiased perspectives on the board's policies.
John Spiegel, Independent Director
Albert Campbell, Chief Financial Officer, Executive Vice President
William Sansom, Independent Director
Philip Norwood, Independent Director
Joseph CPA, Chief VP
Thomas Grimes, Chief Operating Officer, Executive Vice President
Melanie Carpenter, Chief Human Resource Officer, Executive Vice President
Warren Davis, Sales Revenue
Adrian Hill, President Officer
Eric Bolton, Chairman, CEO and President and Chairman of Real Estate Investment Committee
Reid Sanders, Independent Director
David Stockert, Director
Albert III, Executive CFO
Jennifer Patrick, Investor Contact
James Lowder, Independent Director
Thomas Lowder, Independent Director
Toni Jennings, Independent Director
Ralph Horn, Co-Lead Independent Director
Russell French, Independent Director
H Bolton, Chairman of the Board, Chief Executive Officer
Robert DelPriore, Executive Vice President General Counsel
Gary Shorb, Independent Director
JD Esq, Chief VP
Claude Nielsen, Independent Director
Alan Graf, Co-Lead Independent Director
Clay Holder, Chief Accounting Officer, Principal Accounting Officer
Leslie Wolfgang, Chief VP
David CPA, Executive Development
W Sanders, Independent Director
Monica McGurk, Independent Director
Edith KellyGreen, Independent Director

Mid Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Mid America a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Mid America Investors Sentiment

The influence of Mid America's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Mid. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Mid America's public news can be used to forecast risks associated with an investment in Mid. The trend in average sentiment can be used to explain how an investor holding Mid can time the market purely based on public headlines and social activities around Mid America Apartment Communities. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Mid America's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Mid America's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Mid America's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Mid America.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mid America in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mid America's short interest history, or implied volatility extrapolated from Mid America options trading.

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When determining whether Mid-America Apartment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mid America's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mid America Apartment Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mid America Apartment Communities Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mid America Apartment Communities. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Mid-America Apartment information on this page should be used as a complementary analysis to other Mid America's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Mid America's price analysis, check to measure Mid America's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mid America is operating at the current time. Most of Mid America's value examination focuses on studying past and present price action to predict the probability of Mid America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mid America's price. Additionally, you may evaluate how the addition of Mid America to your portfolios can decrease your overall portfolio volatility.
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Is Mid America's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mid America. If investors know Mid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mid America listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
5.6
Earnings Share
4.71
Revenue Per Share
18.438
Quarterly Revenue Growth
0.027
The market value of Mid-America Apartment is measured differently than its book value, which is the value of Mid that is recorded on the company's balance sheet. Investors also form their own opinion of Mid America's value that differs from its market value or its book value, called intrinsic value, which is Mid America's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mid America's market value can be influenced by many factors that don't directly affect Mid America's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mid America's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mid America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mid America's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.