Mid-America Apartment Communities, Inc. (MAA)

NYSE: MAA · IEX Real-Time Price · USD
134.46
-2.09 (-1.53%)
Dec 29, 2023, 4:00 PM EST - Market closed
-1.53%
Market Cap 15.69B
Revenue (ttm) 2.13B
Net Income (ttm) 582.26M
Shares Out 116.69M
EPS (ttm) 5.00
PE Ratio 26.89
Forward PE 31.02
Dividend $5.88 (4.37%)
Ex-Dividend Date Jan 11, 2024
Volume 419,898
Open 135.89
Previous Close 136.55
Day's Range 134.41 - 136.32
52-Week Range 115.56 - 176.36
Beta 0.79
Analysts Hold
Price Target 153.32 (+14.03%)
Earnings Date Jan 31, 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 June 30, 2023, MAA had ownership interest in 101,986 apartment units, including communities currently in development, across 16 states and the District of Columbia. [Read more]

Sector Real Estate
IPO Date Jan 28, 1994
Employees 2,378
Stock Exchange NYSE
Ticker Symbol MAA
Full Company Profile

Financial Performance

In 2022, MAA's revenue was $2.02 billion, an increase of 13.60% compared to the previous year's $1.78 billion. Earnings were $633.75 million, an increase of 19.55%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for MAA stock is "Hold." The 12-month stock price forecast is $153.32, which is an increase of 14.03% from the latest price.

Price Target
$153.32
(14.03% upside)
Analyst Consensus: Hold
Stock Forecasts

News

MAA Appoints Brad Hill to President and Chief Investment Officer

GERMANTOWN, Tenn. , Dec. 13, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) a leading multifamily real estate investment trust, announced today that A.

18 days ago - PRNewsWire

MAA Announces 5% Increase to Quarterly Common Dividend

GERMANTOWN, Tenn. , Dec. 12, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., (NYSE: MAA) today announced that its board of directors approved a quarterly dividend payment of $1.47 per sh...

19 days ago - PRNewsWire

MAA Announces Regular Quarterly Preferred Dividend

GERMANTOWN, Tenn. , Dec. 1, 2023 /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...

4 weeks ago - PRNewsWire

Major landlords, RealPage sued in DC for alleged rent fixing scheme

D.C. Attorney General Brian Schwalb announced a lawsuit against 14 landlords in the district and RealPage for allegedly illegally raising rent prices.

Other symbols: AVBCPTEQRJBGSUDR
2 months ago - CNBC

MAA REPORTS THIRD QUARTER 2023 RESULTS

GERMANTOWN, Tenn. , Oct. 25, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended September 30, 2023.

2 months ago - PRNewsWire

MAA Announces Date of Third Quarter 2023 Earnings Release, Conference Call

GERMANTOWN, Tenn. , Oct. 5, 2023 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its third quarter 2023 results on Wednesday, October 25, 2023, after market close a...

3 months ago - PRNewsWire

Top 4 Real Estate Stocks That Are Set To Fly In September - Healthpeak Properties (NYSE:PEAK), Mid-America Apartment (NYSE:MAA)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: PEAKRDFNZ
3 months ago - Benzinga

MAA to Participate in the Bank of America Securities 2023 Global Real Estate Conference

GERMANTOWN, Tenn. , Sept. 12, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that members of MAA senior management will participate in a roundtable p...

3 months ago - PRNewsWire

MAA Announces Quarterly Common Dividend

GERMANTOWN, Tenn. , Sept. 12, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that its board of directors approved a quarterly dividend payment of $1....

3 months ago - PRNewsWire

Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains In September - Alexander & Baldwin (NYSE:ALEX), Altisource Asset Mgmt (AMEX:AAMC)

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: AAMCALEXESSNXDT
3 months ago - Benzinga

MAA Announces Planned Retirement of Albert M. Campbell, CFO, and Internal Promotion of A.

GERMANTOWN, Tenn. , Sept. 6, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc. ("MAA") (NYSE: MAA) announced today that Albert M.

4 months ago - PRNewsWire

MAA REPORTS SECOND QUARTER 2023 RESULTS

GERMANTOWN, Tenn. , July 26, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended June 30, 2023.

5 months ago - PRNewsWire

MAA Announces Date of Second Quarter 2023 Earnings Release, Conference Call

GERMANTOWN, Tenn. , July 6, 2023 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its second quarter 2023 results on Wednesday, July 26, 2023, after market close and...

6 months ago - PRNewsWire

Don't be a landlord—own these REITs instead

Who would be a landlord? The costs are high, the risks are huge, and the so-called “passive income” is uncertain.

6 months ago - Market Watch

MAA to Present at Nareit REIT Week: 2023 Investor Conference

GERMANTOWN, Tenn. , June 5, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc. (NYSE: MAA) ("MAA" or the "Company"), today announced that Chairman and CEO, Eric Bolton, as well as other memb...

7 months ago - PRNewsWire

MAA Shareholders Elect John Case and Tamara Fischer to Board of Directors

GERMANTOWN, Tenn., May 17, 2023 /PRNewswire/ -- Mid–America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced that shareholders elected new directors, John Case and Tamara Fischer, to t...

8 months ago - PRNewsWire

MAA REPORTS FIRST QUARTER 2023 RESULTS

GERMANTOWN, Tenn. , April 26, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended March 31, 2023.

8 months ago - PRNewsWire

MAA Announces Date of First Quarter 2023 Earnings Release, Conference Call

GERMANTOWN, Tenn. , April 6, 2023 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its first quarter 2023 results on Wednesday, April 26, 2023, after market close an...

9 months ago - PRNewsWire

MAA Announces Appointment of Deborah H. Caplan to Board of Directors

GERMANTOWN, Tenn. , March 21, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced the appointment of Deborah H.

10 months ago - PRNewsWire

MAA to Present at the 2023 Citi Global Property CEO Conference

GERMANTOWN, Tenn. , March 3, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that the Company is scheduled to present at the 2023 Citi Global Property...

10 months ago - PRNewsWire

MAA REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

GERMANTOWN, Tenn. , Feb. 1, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended December 31, 2022.

11 months ago - PRNewsWire

MAA Announces Taxable Composition of 2022 Distributions

GERMANTOWN, Tenn. , Jan. 17, 2023 /PRNewswire/ -- Mid-America Apartment Communities, Inc. or MAA (NYSE: MAA) today announced the taxable composition of the 2022 distributions paid to shareholders.

1 year ago - PRNewsWire

MAA Announces Date of Fourth Quarter and Full-Year 2022 Earnings Release, Conference Call

GERMANTOWN, Tenn. , Jan. 5, 2023 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its fourth quarter and full-year 2022 results on Wednesday, February 1, 2023, after...

1 year ago - PRNewsWire

MAA Announces 12% Increase to Quarterly Common Dividend

GERMANTOWN, Tenn. , Dec. 13, 2022 /PRNewswire/ -- MAA (NYSE: MAA) today announced that its board of directors approved a quarterly dividend payment of $1.40 per share of common stock to be paid on Jan...

1 year ago - PRNewsWire

MAA REPORTS THIRD QUARTER 2022 RESULTS

GERMANTOWN, Tenn. , Oct. 26, 2022 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended September 30, 2022.

1 year ago - PRNewsWire