Mid-America Apartment Communities, Inc. (MAA) is a large, S&P 500–listed multifamily REIT that owns, operates, develops, and redevelops apartment communities across the United States. Valued at a market cap of $16.3 billion, its primary focus lies on high-growth Sun Belt and Mid-Atlantic markets. Headquartered in Germantown, Tennessee, the company manages a diversified portfolio of more than 100,000 apartment units and operates a vertically integrated platform, handling property management, acquisitions, and development in-house.
The REIT is scheduled to announce its fiscal Q4 earnings soon. Ahead of this event, analysts expect this residential REIT to report an FFO of $2.23 per share, unchanged from the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in two of the last four quarters, while missing on the other two occasions.
