Mid-Amer Apt Cmntys Inc Stock Price, News & Analysis

MAA (NYSE: MAA), a real estate investment trust company, has announced its participation in the upcoming Nareit REITweek: 2025 Investor Conference. President and CEO Brad Hill, along with other executive management team members, will deliver a presentation on Wednesday, June 4, 2025, from 8:45 a.m. to 9:15 a.m. ET. The presentation will be accessible via live webcast, with both the webcast link and presentation materials available on the company's website at www.maac.com under the "For Investors" section's "Corporate Profile" area.

MAA (NYSE: MAA) has declared a quarterly dividend of $1.5150 per share of common stock, payable on July 31, 2025, to shareholders of record on July 15, 2025. This marks the company's 126th consecutive quarterly dividend, maintaining its remarkable track record of never reducing or suspending dividend payments throughout its 30+ year history as a public company. The dividend declaration precedes MAA's upcoming earnings announcement scheduled for July 30, 2025.

MAA (Mid-America Apartment Communities) reported Q1 2025 results with Core FFO of $2.20 per share, slightly ahead of expectations. The company's Same Store portfolio achieved 95.6% occupancy, up 30 basis points year-over-year, with historically low resident turnover at 41.5%.

Key financial metrics include a -0.5% blended lease rate decline, with new lease rates at -6.3% and renewal rates at +4.5%. The company maintains a strong balance sheet with $1.0 billion in combined cash and credit facility availability.

MAA currently has 7 communities under development ($851.5 million total cost) and 7 properties in lease-up phase ($657.3 million cost to date). The company maintained its 2025 guidance with Core FFO projected at $8.61-$8.93 per share. MAA also declared its 125th consecutive quarterly dividend, with a current annual rate of $6.06 per share.

MAA (NYSE: MAA) has scheduled its first quarter 2025 earnings release and conference call. The company will release Q1 2025 results on Wednesday, April 30, 2025 after market close, followed by a conference call on Thursday, May 1, 2025 at 9:00 a.m. Central Time.

The conference call will feature company officers reviewing quarterly performance and include a Q&A session. Investors can join via phone using the numbers (800) 715-9871 (Domestic) or +1 (646) 307-1963 (International) with Conference ID 5215035. A replay will be available from May 1-15, 2025. Additionally, a live webcast will be accessible on MAA's website investor page, with an audio archive posted afterward.

MAA (NYSE: MAA) has declared its 125th consecutive quarterly dividend of $1.5150 per share of common stock. The dividend will be paid on April 30, 2025, to shareholders of record on April 15, 2025. This announcement maintains MAA's remarkable track record of never reducing or suspending quarterly dividend payments throughout its 30-plus year history as a public company. The board's dividend declaration precedes MAA's upcoming earnings announcement, which is scheduled for April 30, 2025.

MAA (NYSE: MAA) has declared its regular quarterly dividend for its 8.50% Series I Cumulative Redeemable Preferred Stock. The company will distribute $1.0625 per outstanding share to shareholders. The dividend will be paid on March 31, 2025, to stockholders of record as of March 14, 2025.

MAA (NYSE: MAA), Mid-America Apartment Communities, announced its participation in the upcoming 2025 Citi Global Property CEO Conference. The company's leadership, including Chairman and CEO H. Eric Bolton, Jr. and President and CIO A. Bradley Hill, will conduct a roundtable discussion on Tuesday, March 4, 2025, at 1:30 p.m. Eastern Time. The session is scheduled to last approximately 35 minutes.

The presentation will be accessible through a live webcast on MAA's website investor page at www.maac.com and via a dedicated link. A replay of the webcast will be made available on the company's investor page following the event's conclusion.

MAA (NYSE: MAA) reported its Q4 and full-year 2024 results, showing mixed performance. Q4 earnings per share increased to $1.42 from $1.37 year-over-year, while Core FFO per share decreased to $2.23 from $2.32. The Same Store Portfolio saw a 0.2% revenue decrease and a 2.1% NOI decline in Q4, with average physical occupancy remaining strong at 95.6%.

The company maintained historically low resident turnover at 42.0% and completed strategic transactions, including the acquisition of a 386-unit community in Dallas and the disposition of two properties for combined net proceeds of $85 million. MAA's balance sheet remains strong with a Net Debt/Adjusted EBITDAre ratio of 4.0x and $1.0 billion in available liquidity.

For 2025 guidance, MAA projects Core FFO per share of $8.61-$8.93 and expects Same Store Portfolio revenue growth between -0.35% and 1.15%, with NOI growth forecasted between -2.15% and -0.15%.

MAA (NYSE: MAA) has disclosed the taxable composition of its 2024 shareholder distributions. The company's common stock distributions totaled $1.47 per share quarterly, with 98.6074% classified as ordinary taxable distribution and 1.3926% as long-term capital gain. For the 8.5% Series I Preferred Stock, quarterly distributions were $1.0625 per share with identical tax classifications.

The company confirms that no portion of 2024 distributions represents a return of capital, and no foreign taxes were incurred. All distributions qualify for Section 199A treatment at 98.6074% and Section 897 Capital Gain at 1.3926%. The tax composition applies uniformly across all dividend distributions made during 2024.