Accessibility StatementSkip Navigation GERMANTOWN, Tenn., Oct. 29, 2025 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the three months ended September 30, 2025. | Three months ended September 30, | Nine months ended September 30, | | | | --- | --- | --- | --- | | 2025 | 2024 | 2025 2024 | | | Earnings per common share - diluted | $ | 0.84 $ | 0.98 $ 3.30 $ 3.07 | | Funds from operations (FFO) per Share - diluted | $ | 2.14 $ | 2.10 $ 6.53 ...

Houston, Texas-based Camden Property Trust (CPT) engages in the ownership, management, development, repositioning, redevelopment, acquisition, and construction of multifamily apartment communities. With a market cap of $10.9 billion, Camden operates as one of the major owners of apartments in the United States. The real estate major is set to announce its third-quarter earnings after the market closes on Thursday, Nov. 6. Ahead of the event, analysts expect CPT to deliver core funds from operations (CFFO) ...

Core Insights - Camden Property Trust (NYSE:CPT) is a real estate investment trust focused on owning, developing, managing, and redeveloping multifamily apartment communities [1] Financial Performance - Camden Property is set to report Q3 2025 earnings on October 30, with analysts expecting EPS of $0.85, a decrease from $1.71 in the prior-year period [2] - Quarterly revenue is anticipated to reach $398.16 million, an increase from $387.23 million a year earlier [2] - For the full-year 2025, the company expects EPS to be in the range of $2.33 to $2.43, and core FFO of $6.76 to $6.86 [7] Historical Investment Performance - If an investor had purchased Camden Property stock 10 years ago at approximately $72.33 per share, a $10,000 investment would have grown to $14,983 based on stock price appreciation alone [3] - The company has paid about $39.95 in dividends per share over the last 10 years, resulting in an additional $5,523 from dividends [4] - The total value of the investment after 10 years would be $20,506, representing a total return of 105.06%, which is significantly lower than the S&P 500 total return of 295.50% for the same period [5] Analyst Ratings and Future Outlook - Camden Property has a consensus rating of "Buy" with a price target of $123.95, indicating a potential upside of over 14% from the current stock price [6]

Summary of Mid-America Apartment Communities (MAA) 2025 Conference Call Company Overview - Mid-America Apartment Communities (MAA) is an S&P 500 multifamily-focused Real Estate Investment Trust (REIT) with over 30 years of public company history, primarily focusing on high-demand regions in the Sunbelt and southwestern U.S. [3][4] Industry Insights - The company has observed a significant decline in new supply deliveries, with fourth-quarter deliveries dropping over 50% compared to the third quarter, following a peak in supply last year [4][5] - The trailing 12-month absorption numbers are the highest in 25 years, indicating robust demand in MAA's markets [4][5] - Average occupancy rates are only 30 basis points below pre-COVID levels, with a year-over-year increase of 190 basis points [5][6] Demand Dynamics - Demand drivers include strong job growth, migration trends, and population growth, with a net migration rate of 7% into the Sunbelt region [12] - The affordability of single-family homes has become a significant factor, with median home prices in the Sunbelt rising over 50% in the last five years, while rents have only increased by about 30% [13][14] - Retention rates have improved by 10 percentage points over the last decade, indicating a strong preference for rental living due to lifestyle choices and affordability concerns [14] Market Performance - The company is optimistic about job growth in 2026, with expectations of a decrease in tariff-related uncertainties and potential interest rate cuts by the Federal Reserve [17][18] - MAA anticipates a 30-40% decline in supply deliveries next year, which will be below long-term averages, supporting improved performance [21][22] - The company is focusing on customer service to enhance resident retention, with a current retention rate of 60% [59] Regional Performance - Strongest markets include Northern Virginia and mid-tier coastal markets like Charleston and Savannah, which have shown resilience against supply pressures [52][53] - Weaker markets include Austin, Nashville, Phoenix, and Jacksonville, which are experiencing high supply but are expected to recover as demand dynamics improve [54][55] Future Outlook - The company expects to maintain a low leverage ratio of 4x and plans to fund development and acquisitions through debt [61][62] - Property taxes are expected to remain flat year-over-year, reflecting stable operating performance [63] Key Takeaways - MAA is well-positioned for growth with strong demand fundamentals and declining supply pressures in its markets [21][22] - The company is focused on enhancing customer service and retention to drive future earnings growth [59] - Overall, the outlook for the multifamily housing market remains positive, with expectations for higher same-store net operating income in the coming year [70]