Mid-America Apartment Communities, Inc. (MAA)
| Market Cap | 18.06B |
| Revenue (ttm) | 2.18B |
| Net Income (ttm) | 517.46M |
| Shares Out | 119.96M |
| EPS (ttm) | 4.43 |
| PE Ratio | 33.95 |
| Forward PE | 38.04 |
| Dividend | $6.06 (4.03%) |
| Ex-Dividend Date | Jan 15, 2025 |
| Volume | 511,271 |
| Open | 151.15 |
| Previous Close | 150.63 |
| Day's Range | 150.37 - 151.83 |
| 52-Week Range | 121.51 - 167.39 |
| Beta | 0.90 |
| Analysts | Buy |
| Price Target | 171.81 (+14.14%) |
| 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 September 30, 2024, MAA had ownership interest in 104,469 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 19 analysts, the average rating for MAA stock is "Buy." The 12-month stock price forecast is $171.81, which is an increase of 14.14% from the latest price.
News
MAA Announces Date of Fourth Quarter and Full-Year 2024 Earnings Release, Conference Call
GERMANTOWN, Tenn. , Jan. 16, 2025 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its fourth quarter and full-year 2024 results on Wednesday, February 5, 2025, afte...
2 Tactics For Income Investors To Shield Their Spending Power
Rising inflation and yield curve normalization are creating new market risks, making it unlikely for the Fed to cut interest rates soon. Duration-heavy asset classes like bonds and REITs will likely r...
Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor
REITs are so cheap that they are getting the attention of billionaires. Legendary investor Barry Sternlicht is loading up on REITs. We discuss what he is buying and why.
A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
Interest rate peaks often cause short-term S&P 500 selloffs, especially for REITs. I retain hope that REITs may decouple from 10-year Treasury yields once rates stabilize. Baby Boomers' economic impac...
11 Upcoming Dividend Increases, Including A Dividend King
Hormel Foods extends its 52-year dividend streak with a 2.6% increase; the group averages a 5.9% increase, median 5.8%. My strategy focuses on buying, holding, and adding to companies with consistent ...
Sector Spotlight: Multifamily REITs - They Survived Until 2025!
COVID-19 led to a migration to Sunbelt cities, causing a surge in apartment rents and subsequent overbuilding, which is now stabilizing. Multifamily REITs saw a decline in valuations but are now modes...
How To Become A Real Estate Tycoon (My Blueprint Revealed)
Embracing negativity and learning from setbacks fueled my journey to become a top analyst on Seeking Alpha, focusing on fundamental analysis. Second-level thinking, as taught by mentors like Chuck Car...
Worried About Higher For Longer? Sleep Well With This 7%-Yielding Portfolio
The threat of higher inflation and interest rates for longer has sent the market into turmoil. However, high yield investors have nothing to fear from this development. We share a 7%-yielding portfoli...
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.