Mid-America Apartment Communities, Inc. (MAA)
| Market Cap | 18.40B |
| Revenue (ttm) | 2.18B |
| Net Income (ttm) | 517.46M |
| Shares Out | 119.96M |
| EPS (ttm) | 4.43 |
| PE Ratio | 34.60 |
| Forward PE | 38.20 |
| Dividend | $5.88 (3.83%) |
| Ex-Dividend Date | Oct 15, 2024 |
| Volume | 1,214,905 |
| Open | 150.08 |
| Previous Close | 149.43 |
| Day's Range | 150.08 - 154.45 |
| 52-Week Range | 121.51 - 167.39 |
| Beta | 0.90 |
| Analysts | Buy |
| Price Target | 168.39 (+9.77%) |
| Earnings Date | Feb 5, 2025 |
About MAA
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 June 30, 2024, MAA had ownership interest in 103,614 apartment units, including communities currently in development, across 16 states and the District of Columbia. [Read more]
Financial Performance
In 2023, MAA's revenue was $2.15 billion, an increase of 6.37% compared to the previous year's $2.02 billion. Earnings were $548.89 million, a decrease of -13.33%.
Financial StatementsAnalyst Forecast
According to 20 analysts, the average rating for MAA stock is "Buy." The 12-month stock price forecast is $168.39, which is an increase of 9.77% from the latest price.
News
Mid-America Apartment Communities: Quality REIT With Rising Dividends
Mid-America Apartment Communities, Inc. is an investment grade REIT, with a solid business model producing strong returns. MAA stock has a long history of paying rising dividends over consecutive year...
MAA Announces Pricing of Senior Unsecured Notes Offering
GERMANTOWN, Tenn. , Dec. 11, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced that its operating partnership, Mid-America Apartments, L.P.
MAA Announces Increase to Quarterly Common Dividend
GERMANTOWN, Tenn. , Dec. 10, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that its board of directors approved a quarterly dividend payment of $1.5...
MAA ANNOUNCES CEO SUCCESSION PLAN
GERMANTOWN, Tenn. , Dec. 10, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) announced the appointment of A.
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
MAA Announces Regular Quarterly Preferred Dividend
GERMANTOWN, Tenn. , Dec. 2, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced a full quarterly dividend of $1.0625 per outstanding share of its 8.50% Se...
12 REITs Poised For Potential Outperformance
As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpa...
My Portfolio's Biggest Winners And Losers From A Republican Sweep
The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT funda...
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
Negative News For Real Estate Investors: 1 REIT To Buy And 1 To Avoid
Recently, the REIT market has suffered steeper declines than the S&P 500 itself, primarily due to rising long-term financing yields. In practice, it is difficult to forecast whether or when these yiel...
Mid-America Apartment Communities, Inc. (MAA) Q3 2024 Earnings Call Transcript
Mid-America Apartment Communities, Inc. (NYSE:MAA) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Andrew Schaeffer - SVP, Treasurer & Director, Capital Markets Eri...
MAA REPORTS THIRD QUARTER 2024 RESULTS
GERMANTOWN, Tenn. , Oct. 30, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the three months ended September 30, 2024.
Retire Rich With These 3 REITs
Retirement planning is unpredictable; diversification across asset classes, including a minimum of 10% REIT exposure, is crucial for financial stability. Rexford Industrial Realty, Mid-America Apartme...
Important Trends For REIT Investors
REIT investors must pay close attention to real estate trends. The office sector remains a mess and likely will for a long time to come. Multifamily is suffering temporarily, but 2025 could be a lot b...
Mid-America Apartment: Elevated New Deliveries Make Me Cautious
Mid-America Apartment REIT primarily focuses on high-growth Sunbelt markets, adding new units at a considerable rate. However, these markets are currently experiencing high new supply. The stock has c...
Assessing The Impact Of Mortgage Rates On REITs
Historically, REITs outperform the S&P 500 after rising interest rates, with recent data showing a 25% return from May to September 2024. Mortgage rates impact REITs differently, with lower rates boos...
MAA Announces Date of Third Quarter 2024 Earnings Release, Conference Call
GERMANTOWN, Tenn. , Oct. 1, 2024 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its third quarter 2024 results on Wednesday, October 30, 2024, after market close a...
Mid-America Apartments: Good News For 2026, But 2025 Likely Gets Rough
Mid-America Apartments maintained its FFO and AFFO guidance for 2024 despite some increasing headwinds. Sunbelt states face rent drops and oversupply issues, while Midwest markets show stronger rent g...
MAA Appoints Sheila K. McGrath to Board of Directors
GERMANTOWN, Tenn. , Sept. 25, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced the appointment of Sheila K.
MAA Announces Quarterly Common Dividend
GERMANTOWN, Tenn. , Sept. 24, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that its board of directors approved a quarterly dividend payment of $1....
An Important Warning For Dividend Investors After The Fed's Big Rate Cut
The Federal Reserve's 50-basis-point rate cut seems like a big tailwind for dividend stocks. However, the rate cut also brings several warnings to the dividend stock space. We discuss what these are a...
Mid-America Apartment: A Sunbelt Gem With Dividend Power And Growth Potential
A 'buy right and hold tight' strategy is likely a good fit for most investors, avoiding frequent trading and capital gains taxes. Mid-America Apartment Communities is a strong long-term investment due...
Interest Rate-Driven Rally Leaves Mid-America Apartment Less Attractive (Rating Downgrade)
Mid-America Apartment shares have rallied 31% since March due to falling interest rates and signs of rental rate stabilization, outperforming the market's 8% gain. Interest rates significantly impact ...