What does Mid-America Apartment Communities do?

Mid-America Apartment Communities, Inc. is a real estate investment trust. The firm engages in the operation, acquisition and development of apartment communities. It operates through the following segments: Same Store Communities and Non-Same Store and Other. The Same Store Communities segment focuses on communities that the company has owned.

How many apartments does Mid-America Apartment Communities own?

As of December 31, 2023, MAA had ownership interest in 102,662 apartment units, including communities currently in development, across 16 states and the District of Columbia. Go Premium to see ratings on MAA peers. Should I buy Mid-America Apartment Communities, Inc. stock?

Should you buy Mid-America Apartment Communities (Maa) stock?

Apartment demand is booming, particularly in the Sun Belt. This is helping Mid-America Apartment Communities shares soar, up 72% year over year. MAA stock, in fact, appreciated three times more than the S&P 500 over the past 12 months. This apartment REIT is perfectly positioned for the rise of the Sun Belt.