Mid-America Apartment Communities, Inc. (MAA)
| Market Cap | 19.48B |
| Revenue (ttm) | 2.17B |
| Net Income (ttm) | 513.01M |
| Shares Out | 116.88M |
| EPS (ttm) | 4.40 |
| PE Ratio | 37.98 |
| Forward PE | 40.70 |
| Dividend | $5.88 (3.52%) |
| Ex-Dividend Date | Jul 15, 2024 |
| Volume | 358,101 |
| Open | 167.12 |
| Previous Close | 166.18 |
| Day's Range | 165.95 - 167.39 |
| 52-Week Range | 115.56 - 167.39 |
| Beta | 0.87 |
| Analysts | Buy |
| Price Target | 165.92 (-0.44%) |
| Earnings Date | Oct 23, 2024 |
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 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. [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 $165.92, which is a decrease of -0.44% from the latest price.
News
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 ...
These 2 REITs Are Still Great Buys After The Real Estate Rally
REITs are finally regaining in popularity. Some REITs have already risen by 10-20%. But opportunities remain. Here are 2 of them.
MAA to Participate in the BofA Securities 2024 Global Real Estate Conference
GERMANTOWN, Tenn. , Sept. 9, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that members of MAA senior management will participate in a round table p...
MAA Announces Regular Quarterly Preferred Dividend
GERMANTOWN, Tenn. , Sept. 3, 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% S...
REIT Fantasy Football: 11 Companies To Start Your Team
Like football, REIT investing is about gaining control of real estate. REITs are becoming more attractive to income investors as inflation remains below average REIT yield and interest rates fall. Wit...
10 REITs With The Best Risk Ratings
REITs have rallied strongly recently, with a 7.93% increase in the past 3 months. Recent economic data suggests rate cuts have changed sentiment towards the real estate sector rapidly. Blue chip REITs...
Massive Apartment Deals Demonstrate Value Of Apartment REITs
Equity Residential bought 11 apartments with 3572 units from Blackstone for $964 million, expanding its presence in Dallas, Denver, and Atlanta. Public apartment REITs are trading below asset value, w...
3 Fantastic High-Yield Stocks For A Potential Multi-Trillion Dollar Rotation
With potential rate cuts looming, trillions may shift from money markets to dividend stocks, creating new opportunities for investors seeking higher returns. Three standout investments offer strong yi...
Mid-America Apartment: No Reason To Wait For Supply Demand Inflection Point, Buy Now
The Mid-America Apartment Communities, Inc. markets are still exposed to unfavorable supply and demand dynamics. However, the company has registered growth despite these headwinds. Already now, we can...
Big Dividends From A Recession-Resistant Portfolio
There are growing risks of a recession hitting due to weakening job numbers, rising unemployment, and weakening consumer spending capacity. We share a portfolio of high-yield stocks that should be abl...
Dovish Fed? We're Buying Real Estate, Industrials And Energy
The Federal Reserve now appears to be leaning dovish. The Fed may cut rates starting in September if inflation moderates and labor market weakness persists. We like financials, energy and REITs with s...
Mid-America Apartment Communities, Inc. (MAA) Q2 2024 Earnings Call Transcript
Mid-America Apartment Communities, Inc. (NYSE:MAA) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Andrew Schaeffer - SVP, Treasurer & Director, Capital Markets Eric ...
MAA REPORTS SECOND QUARTER 2024 RESULTS
GERMANTOWN, Tenn. , July 31, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended June 30, 2024.
Become A Multifamily Millionaire
Landlords face challenges when tenants stop paying rent, especially with single-family homes. Apartment buildings with multiple units provide more stability, while owning a portfolio of multifamily bu...
If I Had To Retire Today With 12 REITs
REITs are structured for income investors, obligated to pay out 90% of earnings to shareholders, making them an income-producing vehicle. REITs are undervalued and positioned to do well as the rate cu...
If I Could Only Hold 1 MLP, REIT, And BDC For The Next Decade
Charlie Munger was a big believer in concentrated portfolios. Building a high-yielding, tax-efficient portfolio with BDCs, REITs, and MLPs in different accounts can deliver tax-free income in retireme...
An Important Warning For REIT Investors
REITs initially suffered due to rising interest rates but have since rebounded 25% on expectations of Fed rate cuts. Despite the positive outlook for the sector, REITs still face significant challenge...
7 Investments To Buy And Hold For Next 10 Years
We present a diversified yet simple portfolio of 6 stocks and one ETF with nearly 4% dividend yield. The portfolio has been designed for retirees and income investors whose needs are generally met wit...
Mid-America Apartment Communities: Prospect Of Lower Rates Is Not Enough Of A Catalyst For Me (Rating Downgrade)
Mid-America Apartment Communities is a real estate investment trust focusing on multifamily homes in the Southeast, Southwest, and Mid-Atlantic regions. Occupancy rates are starting to cool due to inc...
A 15-Stock Dividend Growth Retirement Portfolio For Stagflation
We discuss why our base case for the U.S. economy is stagflation. We share a 15-stock portfolio that is well-positioned for a stagflationary environment. We share why it is positioned to deliver an at...
What I Wish I Knew Before Investing In REITs Instead Of Rentals
REITs and rental properties are two of the most popular methods for investing in real estate. While REITs have many advantages over rental properties, there are also some important differences between...
The Dreaded Commercial Real Estate Crash Isn't Coming: Buy REITs
Commercial real estate crash predictions have not materialized. REITs are undervalued despite strong operational performance. I present two of my favorite REITs to buy today.