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Mid america Apartment Communities Inc   (NYSE: MAA)
Other Ticker:  
 
 
Price: $164.5000 $1.46 0.895%
Day's High: $164.59 Week Perf: 1.19 %
Day's Low: $ 162.64 30 Day Perf: -0.13 %
Volume (M): 501 52 Wk High: $ 173.38
Volume (M$): $ 82,415 52 Wk Avg: $149.89
Open: $163.81 52 Wk Low: $123.73



 Market Capitalization (Millions $) 19,192
 Shares Outstanding (Millions) 117
 Employees 2,427
 Revenues (TTM) (Millions $) 2,191
 Net Income (TTM) (Millions $) 542
 Cash Flow (TTM) (Millions $) 2
 Capital Exp. (TTM) (Millions $) 322

Mid America Apartment Communities Inc
Company Profile: Mid America Apartment Communities Inc. (MAA)

Overview:
Mid America Apartment Communities Inc. (MAA) is a prominent real estate investment trust (REIT) that focuses on the acquisition, development, and management of multifamily apartment communities across the United States. With a strategic emphasis on the Southern and Midwestern regions, MAA is dedicated to delivering high-quality residential living spaces.

Founded: 1977
Headquarters: Memphis, Tennessee
Stock Exchange: New York Stock Exchange (NYSE) - Ticker Symbol: MAA
Operational Footprint: Assets in over 20 states

Business Model:
MAA employs a vertically integrated business model, allowing it to manage all facets of property management, including acquisition, leasing, maintenance, and customer service. This comprehensive approach ensures a high standard of quality and efficiency throughout its operations.

Property Portfolio:
The companys diverse portfolio features a variety of property types, including garden-style, mid-rise, and high-rise communities. MAA focuses on urban and suburban locations that are strategically positioned near major employment centers, transportation hubs, and essential amenities, thereby enhancing the living experience for its residents.

Amenities and Services:
MAA is committed to enhancing resident satisfaction through a wide array of amenities and services, including:
- Fitness centers
- Swimming pools
- Clubhouses
- Pet parks
- Community events
- Online rent payment and maintenance request systems
- 24-hour emergency maintenance services

Financial Performance:
In recent years, MAA has experienced robust financial performance, characterized by consistent revenue growth and profitability. The company maintains a strong balance sheet and enjoys a favorable credit rating, enabling it to secure competitive financing options and pursue expansion and investment opportunities.

Awards and Recognition:
MAA has been recognized for its excellence in property management and customer service, receiving accolades such as:
- 100 Best Companies to Work Forby Fortune magazine
- Platinum Awardfrom the National Multifamily Housing Council for excellence in apartment living

Commitment to Excellence:
Mid America Apartment Communities Inc. stands out as a leading REIT dedicated to providing top-tier multifamily living experiences across the United States. The companys focus on innovation, sustainability, and exceptional customer service continues to cement its reputation as a top-performing operator within the multifamily sector.


   Company Address: 6815 Poplar Avenue Germantown 38138 TN
   Company Phone Number: 682-6600   Stock Exchange / Ticker: NYSE MAA


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AMH        2.11% 
CPT        3.72% 
EQR        3.56% 
STWD   -0.94%    
SUI   -1.28%    
UDR        1.63% 
• View Complete Report
   



Personnel Announcements

MAA Celebrates Toni Jennings' Retirement as Board Member and Reports Positive ROI Growth despite Increased Industry Competition

Published Tue, Mar 26 2024 8:15 PM UTC


GERMANTOWN, Tenn., March 26, 2024 - Mid-America Apartment Communities, Inc., also known as MAA (NYSE: MAA), has recently announced the retirement of Toni Jennings from the Board of Directors. This retirement is set to take effect immediately prior to the company s Annual Meeting of Shareholders on May 21, 2024. Jennings departure comes as a planned transition, marking ...

Dividend

MAA Announces Taxable Composition of 2023 Distributions: Steady Rise Amidst Challenging Market Conditions

Published Tue, Jan 16 2024 9:19 PM UTC



GERMANTOWN, Tenn., Jan. 16, 2024 - Mid-America Apartment Communities, Inc. (NYSE: MAA) has recently disclosed the taxable composition of the 2023 distributions paid to shareholders. According to the press release, MAA does not anticipate any portion of the 2023 distributions to have tax-exempt status.
The taxable composition of distributions is a crucial aspect...

Mid America Apartment Communities Inc

Mid America Apartment Communities Inc Experiences Decline in Earnings Despite Increased Order Volume in Fiscal Period Closing Sep 30, 2023

Despite a decline in earnings per share (EPS), Mid America Apartment Communities Inc (MAA) has shown impressive growth in revenue in their September 30, 2023 report. With a year-over-year increase of 4.082%, the company's revenue reached $542.04 million compared to $520.78 million. Although this is positive news for the company, their income per share fell by -10.48% to $0.94, after being $1.05 in the third quarter of 2022.
In the preceding reporting season, MAA had revenue of $535.15 million and a bottom line of $1.24 per share. However, in the fiscal third quarter of 2023, their net earnings decreased by -9.52% to $113.732 million compared to $125.703 million in the same period the previous year. This drop in net earnings indicates that the company faced some challenges during this period.

Mid America Apartment Communities Inc

Mid America Apartment Communities Inc. Achieves Remarkable Financial Performance in Q2 2023 with Strong Earnings and Revenue Growth

The stock market has been an exciting and unpredictable place in recent years, with many investors constantly seeking new opportunities for growth and profit. One company that has caught the attention of financial experts and analysts is Mid America Apartment Communities Inc (MAA).
In the second quarter of 2023, MAA reported earnings per share of $1.24, marking no change from the previous year. This is an impressive feat considering the economic uncertainties that have plagued the market. Additionally, the company saw a 6.9% improvement in income compared to the preceding financial reporting period.







Mid America Apartment Communities Inc's Segments
Same Store    94.99 % of total Revenue
Non-Same Store and Other    5.01 % of total Revenue





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