Mid-America Apartment Communities
MAA

$159.53

1.01%

Market Cap: $18.6B

About: Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store.

Employees: 2,427

Financials Real Estate Investment Trusts

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 13 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

167% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 8 (+5) [Q2]

52% more first-time investments, than exits

New positions opened: 99 | Existing positions closed: 65

14% more repeat investments, than reductions

Existing positions increased: 247 | Existing positions reduced: 217

11% more capital invested

Capital invested by funds: $14B [Q1] → $15.5B (+$1.51B) [Q2]

5% more funds holding

Funds holding: 630 [Q1] → 664 (+34) [Q2]

2.0% more ownership

Funds ownership: 91.15% [Q1] → 93.15% (+2.0%) [Q2]

35% less call options, than puts

Call options by funds: $37.3M | Put options by funds: $57.7M

See Fund Rankings

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$148

7%

downside

Avg. target

$175

10%

upside

High target

$283

77%

upside

13 analyst ratings

8 positive

62%

4 neutral

31%

1 negative

8%

Goldman Sachs Julien Blouin 100% 1-year accuracy 4 / 4 met price target	17%upside $187	Buy Initiated	4 Sept 2024
Piper Sandler Alexander Goldfarb 63% 1-year accuracy 34 / 54 met price target	3%upside $165	Neutral Maintained	26 Aug 2024
Truist Securities Michael Lewis 84% 1-year accuracy 37 / 44 met price target	5%upside $167	Buy Maintained	26 Aug 2024
Scotiabank Nicholas Yulico 68% 1-year accuracy 15 / 22 met price target	1%upside $161	Sector Perform Maintained	26 Aug 2024
Wells Fargo James Feldman 82% 1-year accuracy 14 / 17 met price target	9%upside $174	Overweight Upgraded	26 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 11 articles about MAA published over the past 30 days

10 SWANs For The Next Black Swan

I focus on bottom-up analysis, identifying companies with strong operational performance and balance sheets that can weather Black Swan events, regardless of stock market fluctuations. Realty Income, Agree Realty, NNN REIT, Regency Centers, Kimco Realty, Mid-America Apartment, Camden Property Trust, Prologis, Rexford Industrial Realty, and VICI Properties are evaluated for their resilience. Realty Income, NNN REIT, Kimco Realty, Mid-America Apartment, Camden Property Trust, and Rexford Industrial Realty are rated as Buys due to their strong fundamentals and consistent performance.

10 SWANs For The Next Black Swan

As Home Prices Hit Highs, These Apartment REITs Offer Growth

Investors might wonder whether the real estate sector will see a demand boon soon. Leaning on the promise of a Federal Reserve interest rate cut by the end of the year, most of the market is on the edge of their seats, and they are getting ready to pour into property.

As Home Prices Hit Highs, These Apartment REITs Offer Growth

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% Series I Cumulative Redeemable Preferred Stock.

MAA Announces Regular Quarterly Preferred Dividend

My Top Picks Are Underperforming! What Am I Doing?

The market has been very volatile in recent weeks. Some of my top picks have dropped quite a bit as a result. I give updates on two of my largest investments right now.

My Top Picks Are Underperforming! What Am I Doing?

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. With one company from each of the 19 equity REIT sectors, I offer a starting lineup of 11 companies, 6 reserves, and 2 water boys, for a solid REIT portfolio.

REIT Fantasy Football: 11 Companies To Start Your Team

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 still offer upside potential, with UDR, Rexford, and Invitation Homes standing out as potential best values.

10 REITs With The Best Risk Ratings

Zacks Investment Research

Mid-America Apartment (MAA) Up 13.6% YTD: Will It Rise Further?

Mid-America Apartment (MAA) is poised to benefit from the healthy operating fundamentals of Sunbelt markets, development and redevelopment efforts and technology initiatives.

Mid-America Apartment (MAA) Up 13.6% YTD: Will It Rise Further?

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, with substantial differences in pricing based on location and quality of properties. Multifamily REITs like BSRTF, NXRT, CSR, and CPT are considered the most compelling investments in the sector, but caution is advised due to potential economic downturn.

Massive Apartment Deals Demonstrate Value Of Apartment REITs

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 yields, resilient business models, and solid growth potential, making them appealing for income and capital gains. Positioning now in these investments could be beneficial as market dynamics shift, offering a chance to capitalize on a changing economic landscape.

3 Fantastic High-Yield Stocks For A Potential Multi-Trillion Dollar Rotation

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 observe some first signs of the surplus supply being absorbed in the system, and becoming insufficient due to previous periods of underinvestment. Mid-America Apartment Communities has stepped up its organic and M&A growth agenda to capitalize on this, once the inflection point arrives.

Mid-America Apartment: No Reason To Wait For Supply Demand Inflection Point, Buy Now

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