cmannphoto We’re reviewing Mid-America Apartment Communities (NYSE:MAA) Q4 2023 earnings with a potential investment in mind, but we’re cautious given the current economic landscape. We find the current valuation attractive already but would like to see another dip before initiating a position. We anticipate MAA facing tougher challenges compared to other housing REITs due to…
deberarr Investment Thesis Mid-America Apartment Communities (NYSE:MAA) is a real estate investment trust (REIT) which operates over 100,000 multifamily rental units in the United States, mainly in the south and southeast. MAA owns units in some of the largest and highest growing markets in the south such as Atlanta, Dallas, Tampa, and Charlotte. MAA is…
Grand Warszawski A couple of months ago, before the release of Q3 2023 earnings, I issued an article Mid-America Apartment Communities (NYSE:MAA) assigning a buy rating. It was really a combination of two fundamentally important factors that made the investment thesis rather attractive – i.e., one of the safest balance sheets in the sector with…
Kirpal Kooner Main Thesis & Background The purpose of this article is to evaluate Mid-America Apartment Communities, Inc. (NYSE:MAA) as an investment option. The company is a “real estate investment trust that focuses on the acquisition, selective development, redevelopment, and management of multifamily homes throughout the Southeast, Southwest, and Mid-Atlantic regions of the United States”….
Kirpal Kooner When it comes to residential REITs, one prospect that investors should not pass up looking into is Mid-America Apartment Communities (NYSE:MAA). As its name suggests, the company focuses on acquiring and renting out apartments. Given the large percentage of Americans who rent instead of own, and because of the rising cost of home…
Brandon Bell/Getty Images News Investment Thesis Mid-America Apartment Communities (NYSE:MAA) is the largest and arguably strongest Sunbelt apartment REIT with about 102,000 units in the portfolio. This portfolio is well diversified across various types of multifamily communities, including highly amenitized and luxurious apartments appealing to higher income individuals as well as more modest and affordable…
andreswd The preferred stock of Mid-America Apartment Communities (MAA) has declined 23% since it peaked, in mid-2021. As a result, the preferred stock is currently offering an exceptionally attractive yield of 8.0%. When a stock offers such a high yield, it usually signals that the dividend is at the risk of being cut. However, I…
Sean Pavone/iStock via Getty Images Over the past year, the REIT sector has suffered the worst overall performance compared to other stock market sectors. Overall, the industry has declined by 23% over the past year, worse than financials and consumer discretionary, both with ~19% in losses. Over the past year, I have been vocally bearish…
Mid-America Apartment Communities, Inc. (NYSE:MAA) Q2 2023 Results Conference Call July 27, 2023 10:00 AM ET Company Participants Andrew Schaeffer – SVP, Treasurer & Director, Capital Markets Eric Bolton – President, CEO Tim Argo – Chief Strategy & Analysis Officer Al Campbell – CFO Rob DelPriore – CAO, General Counsel Brad Hill – CIO Conference…