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Mid-America Apartment Communities NYSE:MAA Stock Report

Last Price

US$153.40

Market Cap

US$17.9b

7D

-2.4%

1Y

15.2%

Updated

20 Dec, 2024

Data

Company Financials +

Mid-America Apartment Communities, Inc.

NYSE:MAA Stock Report

Market Cap: US$17.9b

MAA Stock Overview

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. More details

MAA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends5/6

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US$165.19
FV
7.1% undervalued intrinsic discount
4.76%
Revenue growth p.a.
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2 days ago author updated this narrative

Mid-America Apartment Communities, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Mid-America Apartment Communities
Historical stock prices
Current Share PriceUS$153.40
52 Week HighUS$167.39
52 Week LowUS$121.51
Beta0.90
1 Month Change-2.75%
3 Month Change-5.58%
1 Year Change15.23%
3 Year Change-30.62%
5 Year Change18.00%
Change since IPO609.36%

Recent News & Updates

Mid-America Apartment Communities: Quality REIT With Rising Dividends

Dec 13

Recent updates

Mid-America Apartment Communities: Quality REIT With Rising Dividends

Dec 13

Mid-America Apartment: Elevated New Deliveries Make Me Cautious

Oct 08

Mid-America Apartment: Good News For 2026, But 2025 Likely Gets Rough

Sep 27

Mid-America Apartment: A Sunbelt Gem With Dividend Power And Growth Potential

Sep 19

Interest Rate-Driven Rally Leaves Mid-America Apartment Less Attractive (Rating Downgrade)

Sep 12

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

Aug 09

Mid-America Apartment Communities: Prospect Of Lower Rates Is Not Enough Of A Catalyst For Me (Rating Downgrade)

Jul 18

Mid-American Apartment Communities: The Upside Is Now Over 15% Annually

Jul 01

Mid-America Apartment Communities: Strong Dividend Growth Accompanied By Upside Potential

Jun 10

Mid-America Apartment Communities: Still A Buy Despite Short-Term Headwinds

May 06

Mid-America Apartment Communities: The True Inflation Story

Apr 18

Mid-America Apartment Communities: Sunbelt Superstar

Mar 28

Mid-America Apartments Q4: Attractive Even With 2024 Headwinds

Mar 01

Mid-America Apartment Communities: Great Quality At A Great Price

Jan 26

Mid-America Apartment Communities: I'm Buying The Correction (Rating Upgrade)

Dec 21

Mid-America Apartment Communities: The Preferred Shares Don't Make Much Sense

Nov 23

Mid-America Apartment Communities: A Sunbelt SWAN

Nov 05

Mid-America Apartment Communities: Advantages Being Ignored Amid Supply Glut

Oct 13

Mid-America Apartment Can Withstand Rental Market Slowing

Sep 25

Mid-America Apartment Communities: 4% Yielder Positioned For A Solid Performance

Sep 12

The Answer Is 7

Aug 30

Mid-America Apartment Communities: Sunbelt Multifamily Properties May Not Remain So Resilient

Aug 12

Mid-America Apartment Communities: Attractively Priced With A Fortress Balance Sheet

Aug 04

Mid-America Apartment Communities Could Be Pressured From A Weakening Economy (Rating Downgrade)

Jul 03

Why Mid-America Apartment Is A Superior REIT

Jun 06

Mid-America Apartment Communities: Market Level Returns With A Higher Dividend

May 31

Mid-America Apartment Communities Can Withstand Years Of High Interest Rates

Feb 24

Mid-America Apartment Communities: Be Selective With Entry Points Now

Feb 13

Mid-America Apartment: Sunbelt Compounder At A Discount

Jan 20

Mid-America Apartment: Sunny Outlook In The Sunbelt

Jan 09

Mid-America Apartment Communities: An Extraordinary Dividend Increase

Dec 30

Mid America Apartment Communities increases dividend by ~12%

Dec 13

Mid-America Apartment Communities: Buy, DRIP, And Profit

Dec 08

Mid-America Apartment Communities: Being The Landlord Helps Beat Inflation

Oct 14

Shareholder Returns

MAAUS Residential REITsUS Market
7D-2.4%-5.4%-3.5%
1Y15.2%7.3%22.1%

Return vs Industry: MAA exceeded the US Residential REITs industry which returned 7.3% over the past year.

Return vs Market: MAA underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is MAA's price volatile compared to industry and market?
MAA volatility
MAA Average Weekly Movement2.4%
Residential REITs Industry Average Movement3.1%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: MAA has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MAA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19772,427H. Boltonwww.maac.com

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, 2024, MAA had ownership interest in 103,614 apartment units, including communities currently in development, across 16 states and the District of Columbia.

Mid-America Apartment Communities, Inc. Fundamentals Summary

How do Mid-America Apartment Communities's earnings and revenue compare to its market cap?
MAA fundamental statistics
Market capUS$17.93b
Earnings (TTM)US$517.46m
Revenue (TTM)US$2.18b

34.6x

P/E Ratio

8.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MAA income statement (TTM)
RevenueUS$2.18b
Cost of RevenueUS$878.87m
Gross ProfitUS$1.30b
Other ExpensesUS$787.10m
EarningsUS$517.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.43
Gross Margin59.75%
Net Profit Margin23.70%
Debt/Equity Ratio79.5%

How did MAA perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

63%

Payout Ratio

Does MAA pay a reliable dividends?

See MAA dividend history and benchmarks
When do you need to buy MAA by to receive an upcoming dividend?
Mid-America Apartment Communities dividend dates
Ex Dividend DateJan 15 2025
Dividend Pay DateJan 31 2025
Days until Ex dividend25 days
Days until Dividend pay date41 days

Does MAA pay a reliable dividends?

See MAA dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:15
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mid-America Apartment Communities, Inc. is covered by 55 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wesley GolladayBaird
Anthony PowellBarclays
Anthony PowellBarclays