Gary Shorb - Mid America Independent Director

MAA Stock  USD 160.94  2.41  1.52%   

Director

Mr. Gary Shorb is Independent Director of Mid America Apartment Communities Inc. He has served as the President and Chief Executive Officer of Methodist Le Bonheur Healthcare, an integrated healthcare system that comprises a sevenhospital operation with 2 billion in annual revenues, from 2001 to his planned retirement in 2016, continuing to serve as a Senior Advisor to the Chief Executive Officer through April 2017. Mr. Shorb joined Methodist Le Bonheur Healthcare in 1990 as Executive Vice President. Before joining Methodist Le Bonheur Healthcare, Mr. Shorb served as President of the Regional Medical Center in Memphis, Tennessee for four years. Prior to his work in the healthcare industry, Mr. Shorb worked as a project engineer with Exxon and served as a Lieutenant Commander in the U.S. Navy since 2012.
Age 69
Tenure 12 years
Address 6815 Poplar Avenue, Germantown, TN, United States, 38138-3606
Phone901 682 6600
Webhttps://www.maac.com
Shorb serves on a number of civic and nonprofit boards and is currently serving as the Executive Director of The Urban Child Institute.

Gary Shorb Latest Insider Activity

Tracking and analyzing the buying and selling activities of Gary Shorb against Mid America stock is an integral part of due diligence when investing in Mid America. Gary Shorb insider activity provides valuable insight into whether Mid America is net buyers or sellers over its current business cycle. Note, Mid America insiders must abide by specific rules, including filing SEC forms every time they buy or sell Mid America'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Mid America Management Efficiency

The company has Return on Asset of 0.0363 % which means that on every $100 spent on assets, it made $0.0363 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0861 %, implying that it generated $0.0861 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. At present, Mid America's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.05, whereas Return On Capital Employed is forecasted to decline to 0.04. At present, Mid America's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 12 B, whereas Non Currrent Assets Other are forecasted to decline to about 170.9 M.
Mid America Apartment Communities 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. Note however, debt could still be an excellent tool for Mid to invest in growth at high rates of return.

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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 Multi-Family Residential 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.
Albert Campbell, Chief Financial Officer, Executive Vice President
Philip Norwood, Independent Director
David Herring, Senior Officer
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
David Stockert, Director
Albert III, Executive CFO
Jennifer Patrick, Investor Contact
Timothy Argo, Chief VP
James Lowder, Independent Director
Thomas Lowder, Independent Director
Toni Jennings, 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
Timothy CPA, Chief VP
David CPA, Executive Development
Kevin Perkins, Senior Assets
W Sanders, Independent Director
Monica McGurk, Independent Director
Edith KellyGreen, Independent Director
Adrian CFA, President Officer

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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Multi-Family Residential REITs space 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
0.039
Dividend Share
5.81
Earnings Share
4.44
Revenue Per Share
18.705
Quarterly Revenue Growth
0.017
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.