Mid-America Apartment Communities, Inc. (MAA)
| Market Cap | 21.48B |
| Revenue (ttm) | 1.68B |
| Net Income (ttm) | 261.82M |
| Shares Out | 114.39M |
| EPS (ttm) | 2.29 |
| PE Ratio | 81.71 |
| Forward PE | 55.87 |
| Dividend | $4.03 |
| Dividend Yield | 2.15% |
| Trading Day | July 26 |
| Last Price | $186.80 |
| Previous Close | $187.60 |
| Change ($) | -0.80 |
| Change (%) | -0.43% |
| Day's Open | 187.05 |
| Day's Range | 185.64 - 187.77 |
| Day's Volume | 319,006 |
| 52-Week Range | 105.96 - 187.91 |
Mid-America Apartment's (MAA) Q2 performance likely to reflect improving demand for its Sunbelt properties amid healthy residential real estate market fundamentals.
The second quarter of 2021 has been a solid one this time with healthy demand for rental units with Sunbelt region witnessing growth and gateway markets bouncing back.
While a diversified portfolio, development activities and a robust balance sheet will support Mid-America Apartment's (MAA) financials, elevated supply in urban submarkets is a concern.
GERMANTOWN, Tenn., July 7, 2021 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its second quarter 2021 results on Wednesday, July 28, 2021 after market close and wil...
While a diversified portfolio, strategic redevelopments and a robust balance sheet will boost Mid-America Apartment's (MAA) financials, elevated supply in urban submarkets is a concern.
GERMANTOWN, Tenn., June 1, 2021 /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% Serie...
Mid-America Apartment Communities (MAA) reported earnings 30 days ago. What's next for the stock?
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GERMANTOWN, Tenn., May 18, 2021 /PRNewswire/ -- MAA (NYSE: MAA) today announced that its board of directors approved a quarterly dividend payment of $1.025 per share of common stock to be paid on July 3...
Mid-America Apartment (MAA) registers growth in same-store portfolio revenues on an increase in average effective rent per unit.
Mid-America Apartment Communities (MAA) delivered FFO and revenue surprises of 1.86% and 0.27%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
GERMANTOWN, Tenn., April 28, 2021 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended March 31, 2021.
Despite the increasing primary renter demand and leasing across Mid-America Apartment's (MAA) footprint, increased move-outs to buy single-family homes are likely to have strained occupancy.
The first quarter, which typically remains a slow leasing period in other years, was impressive this year with solid demand for rental units and the most noticeable in the Sunbelt region.
GERMANTOWN, Tenn., April 5, 2021 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its first quarter 2021 results on Wednesday, April 28, 2021 after market close and wi...
While a Sun Belt footprint is propelling occupancy and rent growth for Mid-America Apartment's (MAA) assets, elevated supply and the pandemic-led choppy scenario might hinder its near-term momentum.
GERMANTOWN, Tenn., March 5, 2021 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that the company is scheduled to present at the 2021 Citi Virtual Global Pro...
Mid-America Apartment Communities (MAA) reported earnings 30 days ago. What's next for the stock?
GERMANTOWN, Tenn., March 1, 2021 /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% Seri...
Mid-America Apartment (MAA) registers growth in same-store portfolio revenues on an increase in average effective rent per unit. It also sees strong rent collections for Q4.
Mid-America Apartment Communities (MAA) delivered FFO and revenue surprises of 0.61% and 0.32%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the st...
GERMANTOWN, Tenn., Feb. 3, 2021 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter and year ended December 31, 2020. Net Incom...
While soft rental housing demand, high supply and rent regulations are likely to have marred Mid-America Apartment (MAA) and AvalonBay's (AVB) Q4 performance, MAA's high suburban footprint bodes well.
Mid-America Apartment's (MAA) results will likely reflect robust primary renter demand and leasing across its suburban Sunbelt footprint. However, rent collections are anticipated to have hindered.
MAA: Starting 2021 Off Very Strongly
GERMANTOWN, Tenn., Jan. 19, 2021 /PRNewswire/ -- Mid-America Apartment Communities, Inc. or MAA (NYSE: MAA) today announced the taxable composition of the 2020 distributions paid to shareholders. The co...
3 Residential REIT Stocks Struggling to Escape Pandemic Blues
GERMANTOWN, Tenn., Jan. 7, 2021 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its fourth quarter and full-year 2020 results on Wednesday, February 3, 2021 after mar...
Though Mid-America Apartment (MAA) is likely to benefit from a diversified portfolio across the Sunbelt region, adverse impact of the pandemic on economy and high supply of rental units are concerns.
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Historically, residential REITs have proved to be very resilient.
Apartment REITs have become deeply discounted in 2020. Despite the negative market sentiment, the long-term fundamental background remains very positive.
GERMANTOWN, Tenn., Dec. 1, 2020 /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% Serie...
Mid-America Apartment Communities is one of the largest US residential REITs with a long history of dividend increases. MAA's cash flows and return on asset rates seem to have improved since two acquisi...
While occupancy, rent, collections and NOI have proven resilient during 2020, both Camden and Mid-America shares are in the red for 2020. Both companies are exposed to sunbelt economies which have seen ...
GERMANTOWN, Tenn., Nov. 16, 2020 /PRNewswire/ -- Mid-America Apartment Communities, Inc. (NYSE: MAA) ("MAA" or the "Company"), today announced that its management team will make a presentation at Nareit...
The pandemic-driven "urban exodus" hasn't yet shown signs of slowing. Apartment REITs in the coastal "shutdown cities" have been slammed as residents flee to lower-cost suburban markets and business-fri...
Mid-America Apartment Communities, Inc. (MAA) CEO Eric Bolton on Q3 2020 Results - Earnings Call Transcript
While Mid-America Apartment (MAA) registers growth in average effective rent per unit and substantial rent collections for October, fall in same-store NOI and occupancy remain headwinds.
Mid-America Apartment Communities (MAA) delivered FFO and revenue surprises of 2.61% and 2.21%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the s...
GERMANTOWN, Tenn., Oct. 28, 2020 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended September 30, 2020. Net Income Avail...
Since REITs' performance depends on underlying asset categories and location of properties, not all companies suffered setbacks in the July-September period despite the pandemic playing spoilsport.
Mid-America Apartment (MAA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Despite the overall softness in rental demand, pricing and occupancy, Mid-America Apartment (MAA) is likely to have gained from a diversified portfolio across the Sunbelt region in Q3.
About MAA
MAA, an S&P 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.
| Industry REIT-Residential | IPO Date Jan 28, 1994 |
| CEO H. Eric Bolton | Employees 2,530 |
| Stock Exchange NYSE | Ticker Symbol MAA |
Financial Performance
In 2020, MAA's revenue was $1.68 billion, an increase of 2.25% compared to the previous year's $1.64 billion. Earnings were $254.96 million, a decrease of -27.94%.
Analyst Forecasts
According to 15 analysts, the average rating for MAA stock is "Buy." The 12-month stock price forecast is 173.77, which is a decrease of -6.98% from the latest price.