MAA Earnings Reports

MAA reported fourth quarter results, with Same Store Portfolio revenue decreasing 0.2% compared to the same period in the prior year. The company acquired a newly built multifamily community in Dallas, Texas and closed on the disposition of multifamily communities in Charlotte, North Carolina and Richmond, Virginia.

MAA reported third quarter 2024 results with strong demand for apartment housing and steady absorption of new supply. Resident turnover is at record low levels, lease renewal pricing is strong and occupancy is steady.

MAA reported second quarter 2024 results exceeding expectations, with new supply being absorbed steadily and strong demand for apartment housing. The company's diversified portfolio and operating platform contributed to higher performance and lower volatility.

MAA reported first quarter 2024 results, with performance trends and Core FFO results in line with expectations, reflecting the impact of new supply deliveries across a number of markets.

MAA reported fourth-quarter results with Core FFO performance exceeding expectations. Solid demand, driven by stable employment, positive migration trends, and historically low resident move-outs, contributed to the positive results. New apartment supply is currently impacting rent growth performance and will likely persist through the summer leasing season.

Mid-America Apartment Communities (MAA) reported third-quarter 2023 results that exceeded expectations, driven by strong demand for apartment housing, stable employment conditions, positive migration trends, and low resident move-outs. The company's diversified portfolio and strong operating platform have positioned it well to navigate the current new supply pipeline and pursue new growth opportunities.

MAA reported strong second quarter results with Same Store Portfolio revenues up 8.1% and Average Effective Rent per Unit up 9.3%. Resident turnover remained low, and the balance sheet remained strong.

MAA reported first quarter 2023 results, which were ahead of expectations. The company's Same Store Portfolio produced increases in property revenues, operating expenses and Net Operating Income (NOI) of 11.0%, 8.3% and 12.5%, respectively, as compared to the same period in the prior year.

MAA reported strong Q4 2022 results, exceeding expectations and demonstrating positive momentum. The company's Same Store Portfolio saw significant increases in property revenues and Net Operating Income. MAA also completed strategic dispositions and continued development activities, while maintaining a strong balance sheet.

MAA reported strong third quarter results with significant increases in property revenues, operating expenses, and Net Operating Income (NOI) in its Same Store Portfolio. The company also expanded its development pipeline and completed the initial lease-up of a community in Orlando, Florida.

MAA reported strong second quarter results, driven by robust leasing conditions across Sunbelt markets. Same Store Portfolio produced increases in property revenues, operating expenses and Net Operating Income (NOI) of 13.7%, 8.1% and 17.1%, respectively. The company increased its outlook for growth in Core FFO performance for the year.

MAA's first quarter results were ahead of expectations, driven by strong demand for apartment housing, solid rent growth, high occupancy, and low resident turnover. The company has increased its expectations for growth in Core FFO for the year.

MAA reported fourth-quarter results ahead of expectations, driven by strong rent growth and high occupancy. Property revenues from the Same Store Portfolio increased by 9.3%, primarily driven by a 10.1% growth in Average Effective Rent per Unit. The company is carrying strong pricing momentum into 2022 and expects favorable leasing conditions.

MAA reported strong third quarter results driven by increased demand for apartment housing in Sunbelt markets. Property revenues from the Same Store Portfolio increased 6.7%, and Net Operating Income (NOI) from the Same Store Portfolio increased 10.2%.

MAA reported strong second quarter results, exceeding expectations due to strong rent growth and high occupancy, driven by growing housing demand across the Sunbelt region. The company has increased its earnings outlook for the year, expecting continued robust leasing conditions.

MAA reported first quarter results ahead of expectations, driven by a 1.4% increase in Same Store Portfolio revenues and a 2.7% increase in Same Store Portfolio blended pricing for new and renewal leases.

MAA reported Q4 2020 results, with net income available for common shareholders at $82.4 million, or $0.72 per diluted common share. Core FFO was $195.4 million, or $1.65 per diluted common share and unit. Property revenues from the Same Store Portfolio increased 1.8%.

MAA reported better than expected third quarter results, driven by its high-quality communities and strong operating platform. Same Store Portfolio revenue increased by 2.1%, with a 1.8% growth in Average Effective Rent per Unit.

MAA reported its second quarter results, which were better than expected. The company's portfolio of high-quality communities, diversified across Sunbelt markets, and a strong operating platform contributed to the positive performance.

MAA reported first quarter results with net income available for common shareholders at $35.7 million, or $0.31 per diluted common share. Core FFO was $191.2 million, or $1.62 per diluted common share and unit.

MAA reported a strong fourth quarter with net income available for common shareholders at $148.7 million, or $1.30 per diluted common share. FFO was $198.2 million, or $1.68 per diluted common share and unit. Property revenues from the Same Store Portfolio increased 4.1% and Net Operating Income increased 5.0%.