our mission is to create "a brighter view" for our residents, employees and shareholders. and we’re doing that every day. maa is a leading performer in the apartment real estate industry with an award-winning portfolio of multifamily housing that stretches across the sunbelt region of the united states. our current portfolio encompasses more than 47,000 apartment homes. we are publicly traded on the new york stock exchange under the symbol maa. with over 25 years in the real estate industry, maa has gained extensive experience in all phases of multifamily real estate investing — acquisition, redevelopment, new development, property management and disposition. maa’s successful investing and operating philosophies in portfolio, asset, and property management have been developed, refined, and tested through numerous market cycles.
![Mid-America Apartment Communities logo](/files/LOGO/912595-MAA.png)
Company profile
Ticker
MAA
Exchange
Website
CEO
H. Eric Bolton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
MID AMERICA APARTMENT COMMUNITIES INC
SEC CIK
Corporate docs
Subsidiaries
CPSI, LLC • CPSI-UCO Spanish Oaks, LLC • CPSI-UCO, LLC • Highway 31 Alabaster Two, LLC • Highway 31 Alabaster, LLC • 10th Apartments, LLC • 1499 Massachusetts Avenue, Inc. • 1499 Massachusetts Holding, LLC • CC Daybreak, LLC • CC Val Vista, LLC ...
IRS number
621543819
MAA stock data
Latest filings (excl ownership)
8-K
Regulation FD Disclosure
3 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
22 May 24
8-K
Other Events
22 May 24
8-K
MAA Announces Pricing of Senior Unsecured Notes Offering
14 May 24
8-K
Regulation FD Disclosure
7 May 24
S-3ASR
Automatic shelf registration
2 May 24
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Results of Operations and Financial Condition
1 May 24
ARS
2023 FY
Annual report to shareholders
8 Apr 24
DEFA14A
Additional proxy soliciting materials
8 Apr 24
Transcripts
MAA
Earnings call transcript
2024 Q1
2 May 24
MAA
Earnings call transcript
2023 Q4
8 Feb 24
MAA
Earnings call transcript
2023 Q3
26 Oct 23
MAA
Earnings call transcript
2023 Q2
27 Jul 23
MAA
Earnings call transcript
2023 Q2
27 Jul 23
MAA
Earnings call transcript
2022 Q4
2 Feb 23
MAA
Earnings call transcript
2022 Q3
27 Oct 22
MAA
Earnings call transcript
2022 Q2
28 Jul 22
MAA
Earnings call transcript
2021 Q4
3 Feb 22
MAA
Earnings call transcript
2021 Q1
30 Apr 21
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 68.08 mm | 68.08 mm | 68.08 mm | 68.08 mm | 68.08 mm | 68.08 mm |
Cash burn (monthly) | (no burn) | 7.33 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 28.33 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 39.75 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 5.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
87.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 609 |
Opened positions | 164 |
Closed positions | 82 |
Increased positions | 182 |
Reduced positions | 181 |
13F shares | Current |
---|---|
Total value | 12.80 tn |
Total shares | 101.60 mm |
Total puts | 438.80 k |
Total calls | 227.20 k |
Total put/call ratio | 1.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 18.71 mm | $2.46 tn |
BLK Blackrock | 13.74 mm | $1.81 tn |
STT State Street | 7.80 mm | $1.03 tn |
JPM JPMorgan Chase & Co. | 4.39 mm | $577.88 bn |
FMR | 4.12 mm | $541.54 bn |
Geode Capital Management | 2.89 mm | $379.48 bn |
APG Asset Management US | 2.87 mm | $369.30 bn |
MS Morgan Stanley | 2.74 mm | $360.22 bn |
IVZ Invesco | 2.72 mm | $358.10 bn |
Massachusetts Financial Services | 2.24 mm | $294.75 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 May 24 | Shorb Gary | Common Stock | Buy | Acquire P | No | No | 131.92 | 100 | 13.19 k | 4,896.404 |
21 May 24 | Graf Alan B JR | Common Stock | Grant | Acquire A | No | No | 0 | 1,245 | 0.00 | 12,438 |
21 May 24 | Lowder James K | Common Stock | Grant | Acquire A | No | No | 0 | 1,245 | 0.00 | 12,933 |
21 May 24 | Kelly Green Edith | Phantom Stock Common Stock | Grant | Acquire A | No | No | 136.5 | 178 | 24.30 k | 5,611.747 |
21 May 24 | Kelly Green Edith | Phantom Stock Common Stock | Grant | Acquire A | No | No | 136.5 | 1,245 | 169.94 k | 5,433.747 |
21 May 24 | Lowder Thomas H | Common Stock | Grant | Acquire A | No | No | 0 | 1,245 | 0.00 | 12,933 |
21 May 24 | Lowder Thomas H | Phantom Stock Common Stock | Grant | Acquire A | No | No | 136.5 | 176 | 24.02 k | 6,620.077 |
News
UBS Maintains Sell on Mid-America Apartment, Raises Price Target to $140
18 Jul 24
Foreigners Don't Want Your US Home: Sales Drop To 15-Year Lows For International Buyers
17 Jul 24
'Biden to unveil plan to cap rents as GOP convention begins' - Washington Post
15 Jul 24
Looking Into Mid-America Apartment's Recent Short Interest
3 Jul 24
Janney Montgomery Scott Upgrades Mid-America Apartment to Buy, Announces $150 Price Target
13 Jun 24