Mid-America Apartment Communities, Inc. (MAA)
| Market Cap | 22.88B |
| Revenue (ttm) | 1.71B |
| Net Income (ttm) | 403.24M |
| Shares Out | 114.49M |
| EPS (ttm) | 3.52 |
| PE Ratio | 56.72 |
| Forward PE | 55.87 |
| Dividend | $4.05 (2.03%) |
| Ex-Dividend Date | Oct 14, 2021 |
| Volume | 264,708 |
| Open | 199.90 |
| Previous Close | 199.65 |
| Day's Range | 198.33 - 199.90 |
| 52-Week Range | 107.69 - 200.06 |
| Beta | 0.65 |
| Analysts | Buy |
| Price Target | 204.00 (+2.2%) |
| Est. Earnings Date | Oct 27, 2021 |
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.
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%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for MAA stock is "Buy." The 12-month stock price forecast is 204.00, which is an increase of 2.20% from the latest price.
News
Are You Looking for a Top Momentum Pick? Why Mid-America Apartment Communities (MAA) is a Great Choice
Does Mid-America Apartment Communities (MAA) have what it takes to be a top stock pick for momentum investors? Let's find out.
3 Top REITs to Buy as Inflation Hits a 13-Year High
The burst of inflation this year makes investing in REITs even more compelling. Notable among them are American Homes 4 Rent (AMH), MidAmerica Apartment Communities (MAA) & Apartment Income REIT (AIRC).
MAA Announces Date of Third Quarter 2021 Earnings Release, Conference Call
GERMANTOWN, Tenn., Oct. 4, 2021 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the company expects to release its third quarter 2021 results on Wednesday, October 27, 2021 after market close and w...
MAA Announces Quarterly Common Dividend
GERMANTOWN, Tenn., Sept. 28, 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 Octo...
MAA to Present at the Bank of America Securities 2021 Virtual Global Real Estate Conference
GERMANTOWN, Tenn., Sept. 20, 2021 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that Chairman and Chief Executive Officer, H.
Why Mid-America Apartment (MAA) Stock Might be a Great Pick
Mid-America Apartment (MAA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
MAA Announces Regular Quarterly Preferred Dividend
GERMANTOWN, Tenn., Sept. 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 Communities (MAA) Down 2.1% Since Last Earnings Report: Can It Rebound?
Mid-America Apartment Communities (MAA) reported earnings 30 days ago. What's next for the stock?
Why It Is Wise to Hold Mid-America Apartment (MAA) Stock Now
Mid-America Apartment (MAA) is likely to benefit from the improving demand for its Sunbelt properties, though elevated supply in urban submarkets might act as a deterrent.
MAA Announces Pricing of Senior Unsecured Notes Offering
GERMANTOWN, Tenn., Aug. 5, 2021 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced that its operating partnership, Mid-America Apartments, L.P.
MAA Announces Pricing of Public Offering of 1,100,000 Shares of Common Stock
GERMANTOWN, Tenn., Aug. 3, 2021 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced that it has priced an underwritten public offering of 1,100,000 shares of com...
MAA Announces Public Offering of 1,100,000 Shares of Common Stock
GERMANTOWN, Tenn., Aug. 2, 2021 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced that it has commenced an underwritten public offering of 1,100,000 shares of ...
3 Best REITs To Consider To Invest In Apartments
Apartments remain one of real estate's most attractive sectors. Three attractive prospects that benefit from continued solid performance in the apartment industry include Mid-America Apartments, the BSR...
Mid-America Apartment (MAA) Q2 FFO & Revenues Top Estimates
Mid-America Apartment (MAA) Q2 results reflect growth in same-store portfolio revenues on increase in average effective rent per unit.
Mid-America Apartment Communities (MAA) Q2 FFO and Revenues Surpass Estimates
Mid-America Apartment Communities (MAA) delivered FFO and revenue surprises of 3.05% and 1.69%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
MAA Reports Second Quarter Results
GERMANTOWN, Tenn., July 28, 2021 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended June 30, 2021.
Should You Buy Mid-America Apartment (MAA) Ahead of Earnings?
Mid-America Apartment (MAA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
What's in Store for Mid-America Apartment's (MAA) Q2 Earnings?
Mid-America Apartment's (MAA) Q2 performance likely to reflect improving demand for its Sunbelt properties amid healthy residential real estate market fundamentals.
4 Residential REITs Boosting Investor Hope With Solid Demand in Q2
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.
Here's Why You Should Retain Mid-America Apartment (MAA) Stock
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.
MAA Announces Date of Second Quarter 2021 Earnings Release, Conference Call
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...
Here's Why It Is Wise to Hold Mid-America Apartment (MAA) Stock Now
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.
MAA Announces Regular Quarterly Preferred Dividend
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) Up 1.9% Since Last Earnings Report: Can It Continue?
Mid-America Apartment Communities (MAA) reported earnings 30 days ago. What's next for the stock?
3 Residential REIT Stocks Struggling to Defy Industry Hiccups
3 Residential REIT Stocks Struggling to Defy Industry Hiccups