Mid-America Apartment Communities, Inc. (MAA)

In the past six months, MAA's stock price has seen some fluctuations. As of June 27, 2025, the stock price was $147.85, representing a +5.2% increase over the past 365 days, but it has underperformed the S&P 500 Index by -7.98% over the past six months. The stock has been trading below its 50-day and 200-day moving averages since mid-May 2025. Despite weaker-than-expected Q1 2025 revenue, MAA's shares rose due to a core FFO of $2.20 per share, which beat expectations. Analysts have given MAA a consensus recommendation of "Hold". Upcoming events include a dividend for MAA.N on July 15, 2025, and the Q2 2025 earnings release on August 4, 2025.

Demand for apartment rentals is seasonal, with higher demand during the summer months (May to September) and softer demand during the winter months (November to March). MAA anticipates improved new lease pricing in Q2 and Q3 due to stronger summer leasing traffic and expects normal seasonality to extend into the fall and winter. MAA's portfolio diversification aims to drive higher demand and mitigate pressures from new development supply.

Mid-America Apartment Communities, Inc. (MAA) is a real estate investment trust (REIT) focused on the multifamily residential sector. Founded in 1977 and headquartered in Memphis, Tennessee, MAA acquires, develops, redevelops, and manages apartment communities. As of December 31, 2024, MAA's portfolio consisted of 101,932 apartment units across 297 communities. As of December 31, 2023, MAA owned and operated 101,464 apartment units across 17 states, with approximately 62% being Class A properties and 38% Class B properties. The company also has partial ownership and operation of some commercial properties.

MAA's geographic focus is primarily on the high-growth Sun Belt region of the United States, including the Southeast, Southwest, and Mid-Atlantic regions. As of December 31, 2024, MAA had ownership interests in 104,587 apartment units across 16 states and the District of Columbia. Key states where MAA concentrates its properties include Texas, Florida, North Carolina, and Georgia.

MAA has a strong brand reputation for high-quality apartment communities and customer service, reflected in a Glassdoor rating of 3.8 out of 5. While most employees recommend working at MAA and have a positive business outlook, some negative feedback mentions issues with senior leadership and rent pricing tactics. Concerns also exist regarding maintenance and sustainable practices. MAA was named as a defendant in a class-action lawsuit concerning its use of RealPage software for rent pricing in January 2023.

Mid-America Apartment Communities (MAA) has a diversified ownership structure, with approximately 92.77% of the company's stock held by institutional shareholders, 1.69% by insiders, and 5.53% by retail investors. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Capital World Investors, and State Street Corp.