Mid-America Apartment Communities, Inc. (NYSE:MAA) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Andrew Schaeffer - Senior Vice President, Treasurer and Director, Capital Markets Eric Bolton - Chairman and Chief Executive Officer Brad Hill - President and Chief Investment Officer Tim Argo - Executive Vice President, Chief Strategy and Analysis Officer Clay Holder - Executive Vice President and Chief Financial Officer Conference Call Participants James Feldman - Wells Far ...

Shares of Mid-America Apartment Communities (MAA) , commonly known as MAA, witnessed a 1.13% fall in the pre-market trading hours today after it came up with lower-than-expected fourth-quarter 2024 results yesterday following market close. MAA reported fourth-quarter 2024 core funds from operations (FFO) per share of $2.23, which missed the Zacks Consensus Estimate of $2.24. The reported figure also fell 3.9% year over year from $2.32.See the Zacks Earnings Calendar to stay ahead of market-making news.Renta ...

Mid-America Apartment Communities (MAA) came out with quarterly funds from operations (FFO) of $2.23 per share, missing the Zacks Consensus Estimate of $2.24 per share. This compares to FFO of $2.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -0.45%. A quarter ago, it was expected that this real estate investment trust would post FFO of $2.18 per share when it actually produced FFO of $2.21, delivering a surprise of 1.38%.Over ...

Exhibit 99.2 | | | | | Average | | | | --- | --- | --- | --- | --- | --- | --- | | | | As of December 31, 2024 | | Effective Rent per | As of December 31, 2024 | | | | | Percent to | | Unit for | | Total Units, | | | | Total of | | the Three | | Including | | | Gross Real | Gross Real | Physical | Months Ended | Completed | Developmen | | | Assets | Assets | Occupancy | December 31, 2024 | Units | t | | Atlanta, GA | $ 2,118,356 | 12.9 % | 96.0 % $ | 1,798 | 11,434 | | | Dallas, TX | 1,611,937 | 9.8 % | 95. ...

GERMANTOWN, Tenn., Feb. 5, 2025 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the three months ended December 31, 2024. Fourth Quarter 2024 Operating Results Three months ended December 31, Year ended December 31, 2024 2023 2024 2023 Earnings per common share - diluted $ 1.42 $ 1.37 $ 4.49 $ 4.71 <td colspan="2" rowspan ...

Mid-America Apartment Communities (MAA) — commonly known as MAA — is a real estate investment trust (REIT) that focuses on owning, operating and acquiring apartment communities throughout the southeast, southwest and mid-Atlantic regions of the United States. MAA is slated to report fourth-quarter and full-year 2024 results on Feb. 5, after market close.See the Zacks Earnings Calendar to stay ahead of market-making news.The Germantown, TN-based residential REIT delivered a positive surprise of 1.38% in term ...

Dividend Stocks Overview - Investing in dividend stocks can provide a durable income stream with stable and growing recurring dividends [1] - Realty Income (O) and Mid-America Apartment Communities (MAA) are highlighted as durable dividend stocks with higher-yielding dividends on solid financial foundations [2] Realty Income (O) - Realty Income has paid 655 consecutive monthly dividends since 1969 and increased its dividend every year since its 1994 public listing, with 128 total increases and a 4.2% compound annual growth rate [3] - The REIT currently pays a monthly dividend of $0.264 per share, amounting to $3.168 annually, with a 5.8% dividend yield at a share price below $55 [4] - Realty Income owns a diversified real estate portfolio, including retail, industrial, and gaming properties, with net leases providing stable rental income [5] - The REIT pays out about 75% of its adjusted funds from operations (FFO) in dividends, maintaining a strong balance sheet with A3/A- bond ratings [6] - Realty Income has grown its adjusted FFO per share at a mid-single-digit rate over the past three decades and has significant financial flexibility for accretive acquisitions, with a global net lease addressable market estimated at $14 trillion [7] Mid-America Apartment Communities (MAA) - MAA has never suspended or reduced its dividend since its 1994 public listing and has raised its dividend for the last 15 consecutive years [8] - The REIT recently increased its quarterly dividend by 3.1% to $1.515 per share, or $6.06 annualized, yielding over 4% at a share price below $150 [9] - MAA generates stable rental income due to high demand for housing in the Sun Belt region, with a conservative dividend payout ratio of 66% of core FFO and A3/A- bond ratings [10] - The company is investing $1 billion in new apartment communities across the Sun Belt, with plans to start 3-4 new projects this year and a growing pipeline of future developments [11] - MAA’s growth drivers, including acquisitions and property upgrades, are expected to support continued dividend increases in the long term [12] Conclusion - Realty Income and MAA are high-quality, high-yielding dividend stocks with strong financial foundations and growth potential, making them attractive for long-term investors seeking durable income streams [13]

Mid-America Apartment (MAA) stands to benefit from its diversified portfolio concentrated in the thriving Sun Belt region. Robust in-migration of jobs and households in these markets, combined with the high cost of homeownership, is expected to sustain strong renter demand.The company's redevelopment initiatives and advancements in technology are poised to drive margin improvements, while its solid balance sheet provides a strong foundation for growth opportunities.However, increased rental unit supply in c ...

GERMANTOWN, Tenn., Jan. 21, 2025 /PRNewswire/ -- Mid-America Apartment Communities, Inc. or MAA (NYSE: MAA) today announced the taxable composition of the 2024 distributions paid to shareholders.  The company does not expect any portion of the 2024 distributions paid to shareholders to represent a return of capital. The company did not incur any foreign taxes. The composition presented is applicable to all dividend distributions during 2024. The classifications for 2024 are as follows:Common Stock (MAA) (CU ...

GERMANTOWN, Tenn., Jan. 16, 2025 /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its fourth quarter and full-year 2024 results on Wednesday, February 5, 2025, after market close and will hold a conference call on Thursday, February 6, 2025, at 9:00 a.m. Central Time. During the conference call, company officers will review fourth quarter and full-year performance and conduct a question-and-answer session.The conference call-in number is (800) 715-9871 (Domestic) or +1 (64 ...