Mid-America Apartment Communities, Inc. (MAA)

In the past six months, MAA's stock price has seen some fluctuations and has been impacted by various company announcements and broader market trends. As of July 14, 2025, the share price was $151.26, an increase of 8.08% from July 15, 2024. MAA regularly reports its quarterly earnings, which can influence stock price. MAA has consistently paid consecutive quarterly cash dividends on common shares since 1994. The stock has received updated ratings from investment banks. In March 2025, MAA exited the Columbia, South Carolina market by disposing of two multifamily properties for approximately $83 million, recognizing a significant gain. In December 2024, MAA's operating partnership issued $350.0 million of 10-year unsecured senior notes. As of December 31, 2024, MAA had seven communities under development and had redeveloped 5,665 apartment units in 2024.

Demand for MAA's apartment products and services exhibits seasonality, which is typical for the rental housing market. The spring and summer leasing season is generally a busy period for the company, with expectations for stronger revenue performance as the year progresses. MAA's management has indicated that new supply deliveries can pressure pricing, particularly for new leases, but they anticipate an improvement in the supply/demand balance. Despite new supply, strong demand for apartment housing across MAA's portfolio has been noted, leading to high occupancy and improved pricing trends. The company has also observed strong resident retention and low move-outs related to single-family home purchases, which supports demand.

Mid-America Apartment Communities, Inc. (MAA) is a real estate investment trust (REIT) that focuses on the ownership, management, acquisition, development, and redevelopment of apartment communities. MAA operates within the real estate sector, specifically in the REIT industry, focusing on multifamily residential properties, providing high-quality, well-maintained apartment living spaces for rent with modern amenities. As of March 31, 2025, MAA had ownership in 104,011 apartment homes, including those under development.

MAA's investment portfolio is primarily concentrated across the high-growth Sunbelt region of the U.S., spanning 16 states and the District of Columbia. Key states where MAA has a significant presence include Texas, Florida, North Carolina, Alabama, Maryland, Tennessee, and Virginia. The company strategically locates its properties in attractive urban and suburban markets within these regions, capitalizing on strong population growth and economic expansion.

MAA has established a strong brand reputation for providing high-quality apartment communities and exceptional customer service. The company emphasizes its commitment to delivering an exceptional living experience for residents and creating superior value for shareholders. MAA also highlights its focus on sustainability practices, including energy-efficient building designs and waste reduction programs. In January 2023, MAA was named as a defendant in a class-action lawsuit concerning its use of RealPage software for rent pricing.

Mid-America Apartment Communities, Inc. has a diversified ownership structure, with a mix of institutional, retail, and individual investors. Institutional investors hold a significant majority, approximately 92.79% of the stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Capital World Investors. Individual investors and insiders hold smaller stakes, with insiders owning approximately 1.69% and retail investors holding around 5.51% of the stock.