17-Apr-2024
Short interest on S&P 500 real estate stocks advance in March
Seeking Alpha News (Mon, 15-Apr 11:39 AM ET)
Real estate stocks continue to dip as earnings season kicks off
Seeking Alpha News (Sat, 13-Apr 12:00 PM ET)
MAA Announces Date of First Quarter 2024 Earnings Release, Conference Call
PRNewswire (Mon, 8-Apr 4:29 PM ET)
MAA Recognizes Toni Jennings for Service on the Board of Directors
PRNewswire (Tue, 26-Mar 4:15 PM ET)
MAA Announces Quarterly Common Dividend
PRNewswire (Tue, 19-Mar 4:15 PM ET)
MAA to Present at the 2024 Citi Global Property CEO Conference
PRNewswire (Fri, 1-Mar 5:42 PM ET)
MAA Announces Regular Quarterly Preferred Dividend
PRNewswire (Fri, 1-Mar 4:15 PM ET)
MAA REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
PRNewswire (Wed, 7-Feb 4:15 PM ET)
MAA Recognizes 30 Years as A Publicly Traded Company
PRNewswire (Mon, 29-Jan 4:15 PM ET)
MAA Announces Date of Fourth Quarter and Full-Year 2023 Earnings Release, Conference Call
PRNewswire (Thu, 18-Jan 4:21 PM ET)
Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store.
Mid-America Apartment Communities trades on the NYSE stock market under the symbol MAA.
As of April 17, 2024, MAA stock price climbed to $124.80 with 1,173,507 million shares trading.
MAA has a beta of 0.96, meaning it tends to be less sensitive to market movements. MAA has a correlation of 0.26 to the broad based SPY ETF.
MAA has a market cap of $14.56 billion. This is considered a Large Cap stock.
In the last 3 years, MAA stock traded as high as $231.63 and as low as $115.56.
The top ETF exchange traded funds that MAA belongs to (by Net Assets): VNQ, VTI, VOO, VO, SPY.
MAA has underperformed the market in the last year with a return of -11.2%, while the SPY ETF gained +23.0%. In the last 3 month period, MAA fell short of the market, returning -6.8%, while SPY returned +5.7%. However, in the most recent 2 weeks MAA has outperformed the stock market by returning -0.9%, while SPY returned -3.5%.
MAA support price is $121.83 and resistance is $125.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MAA stock will trade within this expected range on the day.