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An update from Mid-America Apartment ( (MAA) ) is now available.
Mid-America Apartment Communities announced its fourth quarter and full year 2024 results, highlighting a decline in revenue and net operating income for its Same Store Portfolio, despite maintaining strong occupancy rates. The company also reported strategic acquisitions and dispositions, including a new multifamily community in Dallas and the sale of properties in Charlotte and Richmond, as well as ongoing development projects, signaling a transition year with anticipated market recovery in 2025.
More about Mid-America Apartment
Mid-America Apartment Communities, Inc. (MAA) operates in the residential real estate industry, focusing primarily on the acquisition, development, and management of multifamily apartment communities across the United States.
YTD Price Performance: 1.05%
Average Trading Volume: 654,840
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $18.55B
For a thorough assessment of MAA stock, go to TipRanks’ Stock Analysis page.
