Mid-America Apartment Communities, Inc. (MAA)
Mid-America Apartment Communities, Inc. operates in the REIT - Residential industry of the Real Estate sector, headquartered in Germantown, TN, US. The stock last traded at $132.33, up 0.45% on the session, giving a market capitalisation of $15.40B. On trailing twelve-month figures it carries a trailing P/E of 38.69, a net margin of 18.2%. Its beta of 0.72 implies it has historically moved less than the broad market.
Mid-America Apartment Communities, known as MAA, is a prominent S&P 500 entity operating as a Real Estate Investment Trust (REIT). Its core objective is to generate outstanding, comprehensive investment returns for its shareholders. MAA achieves this by strategically acquiring, developing, redeveloping, owning, and managing high-quality apartment complexes. These properties are primarily located across the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, the company held an interest in 102,772 apartment units, a figure that includes communities currently under development, spread throughout 16 states and the District of Columbia.
Mid-America Apartment Communities, Inc. is most often compared with the following Real Estate names: