MargaretW/iStock via Getty Images
Mid-America Apartment Communities, Inc (NYSE:MAA) is a REIT and S&P 500 component that is focused on multi-family apartment communities in the Sunbelt regions of the U.S. Over its 28-year history, it has built
Mid-America Apartment Communities: Capitalizing On The Sizzling Sunbelt
Summary
- Mid-America Apartment Communities is a multi-family focused REIT uniquely positioned in the Sunbelt region of the U.S.
- MAA has benefitted from favorable migration trends into the region over the past two years and is expected to experience continuing rewards in future periods.
- The company reported strong quarterly results that surpassed expectations. This was followed by upward revisions in its annual guidance.
- For income-focused investors, shares in the stock offer continuous dividend growth and share price upside potential of approximately 20%.
Providing timely and quick to the punch analysis of earnings and macro-related events across various sectors, with a focus on retail and real estate. I am a licensed CPA.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.