Mid-America Apartment Communities
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 the southeastern and southwestern United States. The 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 casualty loss and stabilized communities that do not meet the requirements to be Same Store communities.
Employees: 2,532
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
56% more call options, than puts
Call options by funds: $15.2M | Put options by funds: $9.76M
13% more funds holding in top 10
Funds holding in top 10: 8 [Q3] → 9 (+1) [Q4]
4.5% more ownership
Funds ownership: 90.28% [Q3] → 94.78% (+4.5%) [Q4]
7% more repeat investments, than reductions
Existing positions increased: 245 | Existing positions reduced: 230
3% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 68
2% more capital invested
Capital invested by funds: $16.7B [Q3] → $17.1B (+$384M) [Q4]
4% less funds holding
Funds holding: 703 [Q3] → 673 (-30) [Q4]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$155
4%
downside
Avg. target
$163
2%
upside
High target
$182
13%
upside
9 analyst ratings
4 positive
44%
5 neutral
56%
0 negative
0%
Barclays Richard Hightower 61% 1-year accuracy 11 / 18 met price target | 1%upside $163 | Equal-Weight Maintained | 19 Feb 2025 |
Scotiabank Nicholas Yulico 51% 1-year accuracy 19 / 37 met price target | 13%upside $182 | Sector Outperform Upgraded | 14 Feb 2025 |
JMP Securities Aaron Hecht 61% 1-year accuracy 33 / 54 met price target | 0%downside $160 | Market Outperform Reiterated | 11 Feb 2025 |
Evercore ISI Group Steve Sakwa 47% 1-year accuracy 24 / 51 met price target | 1%downside $159 | In-Line Maintained | 10 Feb 2025 |
RBC Capital Brad Heffern 51% 1-year accuracy 18 / 35 met price target | 0%upside $161 | Sector Perform Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 19 articles about MAA published over the past 30 days
Positive
Seeking Alpha
5 days ago
Mom's All-Weather REIT Portfolio
I created a diversified REIT portfolio for my mom, aiming for consistent income and optimized total returns, with an average dividend yield of 4.9%. Key REITs include Invitation Homes, Apple Hospitality, Realty Income, Healthpeak, Mid-America, Sun Communities, American Tower, VICI Properties, Prologis, and Ladder Capital. Each REIT was selected based on strong financial metrics, growth potential, and solid dividend yields, ensuring resilience and steady income.
Negative
Seeking Alpha
6 days ago
The Biggest Mistakes REIT Investors Make
Avoid get-rich-quick schemes and conduct thorough research on real estate investments, especially when influenced by social media gurus. Emphasize risk management and understand the dangers of over-leverage in real estate and REIT investments. Diversify your portfolio to mitigate risks and avoid significant losses from concentrated investments in specific REITs or sectors.
Neutral
Zacks Investment Research
1 week ago
Is it Prudent to Retain Mid-America Stock in Your Portfolio Now?
MAA's diverse portfolio and redevelopment efforts should thrive on strong demand, though elevated supply and high interest expenses pose challenges.
Positive
Seeking Alpha
1 week ago
Mid-America Apartment Communities: Near 4% Yield And Supply Tailwinds Make Them Attractive On A Pullback (Rating Downgrade)
Mid-America Apartment Communities faces ongoing supply headwinds and macroeconomic challenges, impacting performance and leading to a hold rating despite potential long-term attractiveness. MAA's Q4 earnings showed resilience but missed estimates, with declines in same-store NOI and FFO, and only modest revenue growth. The REIT's strong balance sheet, attractive Sun Belt property locations, and rising rental demand due to high mortgage rates support long-term investment potential.
Positive
Seeking Alpha
1 week ago
Worried About Higher-For-Longer? Consider These 2 Dividends For The Win
All macro signs indicate a higher for longer scenario. There are some asset classes that can benefit from such conditions. In this article, I discuss two securities (one BDC and one REIT) that could deliver strong returns going forward, while at the same time offering tangible current income streams.
Positive
Seeking Alpha
1 week ago
REITs Lead On Earnings Uplift
US equity markets posted a mixed performance this week, while benchmark interest rates rebounded from two-month lows, as investors saw grounds for Fed hawkishness across a critical slate of employment data. The U.S. economy added 143k jobs in January. Upward revisions to prior months and strong wage growth metrics indicated that labor markets remain "healthy" at minimum, and perhaps even "tight." Following a decline of 1% last week sparked by "DeepSeek" concerns, the S&P 500 retreated by 0.2%, relinquishing an early week rally. The Small-Cap and Mid-Cap indexes dipped 1%.
Negative
Seeking Alpha
2 weeks ago
Billionaire Investor Says 'Sell MLPs': Our Approach
My largest investment since the COVID-19 crash has been midstream. However, a legendary billionaire investor just switched from being bullish to announcing he has started selling MLPs. We share our view on the sector right now.
Neutral
Seeking Alpha
2 weeks ago
Mid-America Apartment: 2025 Guidance Comes In Weak
We had previously rated Mid-America Apartments as a 'Sell'. One part of the thesis just got validated, but the stock has remained resilient. We go over the Q4-2024 results and the 2025 guidance and update our views.
Neutral
Seeking Alpha
2 weeks ago
Mid-America Apartment Communities, Inc. (MAA) Q4 2024 Earnings Call Transcript
Mid-America Apartment Communities, Inc. (NYSE:MAA ) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Andrew Schaeffer - Senior Vice President, Treasurer and Director, Capital Markets Eric Bolton - Chairman and Chief Executive Officer Brad Hill - President and Chief Investment Officer Tim Argo - Executive Vice President, Chief Strategy and Analysis Officer Clay Holder - Executive Vice President and Chief Financial Officer Conference Call Participants James Feldman - Wells Fargo Eric Wolfe - Citi Daniel Tricarico - Scotiabank Brad Heffern - RBC Capital Markets Jeff Spector - Bank of America Austin Wurschmidt - KeyBanc Capital Markets Michael Goldsmith - UBS Adam Kramer - Morgan Stanley Alexander Goldfarb - Piper Sandler Richard Anderson - Wedbush Steve Sakwa - Evercore ISI Michael Gorman - BTIG Haendel St. Juste - Mizuho Richard Hightower - Barclays Wesley Golladay - Baird Linda Tsai - Jefferies Ann Chan - Green Street Tayo Okusanya - Deutsche Bank John Kim - BMO Capital Markets Operator Good morning, ladies and gentlemen, and welcome to the MAA Fourth Quarter and Full Year 2024 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.
Neutral
Zacks Investment Research
2 weeks ago
Mid-America Q4 FFO & Revenues Miss Estimates Amid High Supply
MAA's Q4 results reflect elevated new supply in its markets, though healthy demand and strong average physical occupancy provided some support.
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