Mid-America Apartment Communities (MAA) reported first-quarter 2024 core funds from operations (FFO) per share of $2.22, which missed the Zacks Consensus Estimate of $2.23. Moreover, the reported figure fell 2.6% year over year from $2.28.Although this residential REIT experienced growth in the average effective rent per unit for the same-store portfolio, its quarterly results reflect a fall in the occupancy level and high supply across its markets. The company also experienced an increase in operating expe ...

Mid-America Apartment Communities (MAA) came out with quarterly funds from operations (FFO) of $2.22 per share, missing the Zacks Consensus Estimate of $2.23 per share. This compares to FFO of $2.28 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 $2.30 per share when it actually produced FFO of $2.32, delivering a surprise of 0.87%.Over ...

Exhibit 99.2 PORTFOLIO STATISTICS TOTAL MULTIFAMILY PORTFOLIO AT MARCH 31, 2024 (1) In apartment units Total Development Same Non-Same Completed Units Store Store Lease-up Communities Delivered Total Atlanta, GA 11,434 — 340 11,774 — 11,774 Dallas, TX 10,116 — — 10,116 — 10,116 Austin, TX 6,829 350 — 7,179 — 7,179 Charlotte, NC 5,651 560 352 6,563 — 6,563 Orlando, FL 5,643 264 — 5,907 — 5,907 Tampa, FL 5,416 — — 5,416 — 5,416 Raleigh/Durham, NC 5,350 — — 5,350 — 5,350 Houston, TX 5,175 — — 5,175 — 5,175 Nas ...

GERMANTOWN, Tenn., May 1, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended March 31, 2024. First Quarter 2024 Operating Results Three months ended March 31, 2024 2023 Earnings per common share - diluted $ 1.22 $ 1.16 Funds from operations (FFO) per Share - diluted $ 2.41 $ 2.31 <br ...

The upcoming report from Mid-America Apartment Communities (MAA) is expected to reveal quarterly earnings of $2.23 per share, indicating a decline of 2.2% compared to the year-ago period. Analysts forecast revenues of $542.72 million, representing an increase of 2.6% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial esti ...

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 first-quarter 2024 results on May 1 after market close.The Germantown, TN-based residential REIT delivered a surprise of 0.87% in terms of core FFO per share in the last reported quarter. Its quarterly results were driven by an ...

Austin Texas cityscape skyline dszc/E+ via Getty Images On our last update on Mid-America Apartment Communities, Inc. (NYSE:MAA), we looked at the fundamentals and concluded that there was some more pain to be priced in on the funds from operations (FFO) estimates. But we think there will be more pain in that area and we expect 2025 estimates to ultimately move well below $9.00 per share. This does not make MAA a bad choice for longer-term investors. It just means that there are risks here and those risks ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to ___________ Commission File Number 001-12762 (Mid-America Apartment Communities, Inc.) Commission File Number 333-190028-01 (Mid-America Apartments, ...

Mid-America Apartment Communities, Inc (NYSE:MAA) Q4 2023 Results Conference Call February 8, 2024 10:00 AM ET Company Participants Andrew Schaeffer - Senior Vice President, Treasurer & Director, Capital Markets Eric Bolton - Chairman & Chief Executive Officer Brad Hill - Executive Vice President & Chief Investment Officer Tim Argo - Executive Vice President, Chief Strategy & Analysis Officer Clay Holder - Senior Vice President & Chief Accounting Officer Al Campbell - Executive Vice President & Chief Finan ...

Mid-America Apartment Communities, Inc. (NYSE:MAA) Q3 2023 Earnings Conference Call October 26, 2023 10:00 AM ET Company Participants Andrew Schaeffer - Senior Vice President, Treasurer & Director, Capital Markets Eric Bolton - Chairman & Chief Executive Officer Brad Hill - Executive Vice President & Chief Investment Officer Tim Argo - Executive Vice President, Chief Strategy & Analysis Officer Clay Holder - Senior Vice President & Chief Accounting Officer Al Campbell - Executive Vice President & Chief Fin ...