Mid-America Apartment Communities, Inc. (MAA)
| Market Cap | 15.07B |
| Revenue (ttm) | 1.67B |
| Net Income (ttm) | 317.52M |
| Shares Out | 114.37M |
| EPS (ttm) | 2.78 |
| PE Ratio | 47.24 |
| Forward PE | 55.87 |
| Dividend | $4.10 |
| Dividend Yield | 3.13% |
| Trading Day | January 28 |
| Last Price | $131.10 |
| Previous Close | $131.73 |
| Change ($) | -0.63 |
| Change (%) | -0.48% |
| Day's Open | - |
| Day's Range | 131.10 - 132.15 |
| Day's Volume | 0 |
| 52-Week Range | 81.82 - 142.80 |
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 shareholde...
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...
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. An average increase of 8.4% and a median increase of 6.6%.
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 co...
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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...
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 t...
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 ...
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...
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 bu...
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...
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 In...
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 spoils...
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.
Several housing REITs remain very attractive. Apartment REITs in particular are attractive due to huge discounts to NAV and high market-implied cap rates. ELS reported Q3 2020 normalized FFO a...
Unique Doesn't Mean Useful
We're still seeing great bargains throughout the apartment REIT subsector.
Bears argue that the pandemic has caused a mass exodus of people from urban cities to suburban areas.
Mid-America Apartment's (MAA) well-diversified portfolio supports its performance amid the ongoing uncertainty. Focus on organic growth strategies and industry tailwinds make it an attractive ...
GERMANTOWN, Tenn., Sept. 24, 2020 /PRNewswire/ -- MAA (NYSE: MAA) today announced that its board of directors approved a quarterly dividend payment of $1.00 per share of common stock to be pai...
GERMANTOWN, Tenn., Sept. 24, 2020 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced the appointment of Edith Kelly-Green to the Board of Directors ef...
Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV.
MAA has had a difficult 2020, but it has still outperformed the benchmark ETFs that are popular among Real Estate investors.
GERMANTOWN, Tenn., Sept. 14, 2020 /PRNewswire/ -- Mid-America Apartment Communities, Inc.
Mid-America Apartment: A Pandemic-Defeating SWAN Differentiated By Design
Gateway cities have been plagued by severe economic decline, strict lockdowns, rising violent crime, housing unaffordability, and remote work shift.
Mid-America Apartment Communities: Surprisingly Strong Results
GERMANTOWN, Tenn., Sept. 1, 2020 /PRNewswire/ -- Mid-America Apartment Communities, Inc.
Mid-America Apartment Communities (MAA) reported earnings 30 days ago. What's next for the stock?
Outlook Gloomy for Residential REITs Amid Coronavirus Crisis
There has been a debate about what will happen to big cities in the wake of COVID-19. Will they steadily empty out or bounce back quickly and continue to thrive?
GERMANTOWN, Tenn., Aug. 3, 2020 /PRNewswire/ -- Mid-America Apartment Communities, Inc.
Mid-America Apartment Communities, Inc. (MAA) CEO Eric Bolton on Q2 2020 Results - Earnings Call Transcript
Mid-America Apartment (MAA) registers growth in same-store NOI for Q2 and updates on substantial rent collections for July.
Mid-America Apartment Communities (MAA) delivered FFO and revenue surprises of 3.25% and 0.58%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for ...
GERMANTOWN, Tenn., July 29, 2020 /PRNewswire/ -- Mid-America Apartment Communities, Inc.
Mid-America Apartment (NYSE: MAA) unveils its next round of earnings this Wednesday, July 29.
Since REITs' performance depends on the underlying asset categories and location of properties, not all companies suffered setbacks despite the pandemic disrupting the second quarter.
While Mid-America Apartment (MAA) is likely to have gained from a diversified portfolio across the Sunbelt region, its Q2 results might reflect the impact of bleak rental housing demand.
Mid-America Apartment Communities: Attractively Priced With A Growing Dividend
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 September 30, 2020, MAA had ownership interest in 102,105 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 2,476 |
| Stock Exchange NYSE | Ticker Symbol MAA |
Financial Performance
In 2019, MAA's revenue was $1.64 billion, an increase of 4.43% compared to the previous year's $1.57 billion. Earnings were $353.81 million, an increase of 58.73%.
Analyst Forecasts
According to 15 analysts, the average rating for MAA stock is "Buy." The 12-month stock price forecast is 133.58, which is an increase of 1.89% from the latest price.