Entering text into the input field will update the search result below

Mid-America Apartment Communities: Market Level Returns With A Higher Dividend

Deep Value Explorer profile picture
Deep Value Explorer


  • Mid-America Apartment Communities (MAA) is a high-quality residential REIT with a strong presence in growing Sunbelt markets, making it an attractive investment option.
  • MAA has maintained high occupancy rates and experienced rent increases, with management expecting continued growth in 2023, including a 6.25% revenue growth and a matching NOI growth.
  • The company has a solid balance sheet, low leverage, and a reliable dividend with a history of growth, making it a good pick for income-oriented investors.

Train riding on the elevated subway line between buildings in Long Island City, Queens in the evening.

Alex Potemkin/E+ via Getty Images

It’s been a while since I wrote an article on a residential REIT. In my previous articles, I’ve tried to articulate my stance towards legacy vs sunbelt markets, concluding that I don’t see either as significantly positioned. While

This article was written by

Deep Value Explorer profile picture
Hey everyone and welcome to the Deep Value Explorer page! I am a business student with a passion for REIT. I've been interested in the topic for about 2 years and I would like to share my insights and findings with you here. With that, follow to find undervalued gems!Disclaimer - I am not a financial advisor and the information on my page is solely for illustrative purposes. Always do your own research before investing.

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.

Recommended For You

Comments (2)

Good article. Perhaps as a follow up you can provide more details and depth.
Yet another article hyping apartment REITs. Perhaps, it is time for some of the folks on this site to tune into the business news during the day and listen to the litany of folks from the private equity arena talking about the next coming real estate glut- aka bust! Namely, the way, way overbuilt class “A” apartment sector. Yes, the once prevailing shortage has now turned into a glut, and concerns that built them via very low interest rate bridge financing are now coming into trouble as they seek long-term financing at sky high (think unworkable) rates. Couple this with the fact that regional banks have little or no appetite to take on these loans, and you have a toxic mix which likely will result in a whole lot of these REITs retesting their previous 3-yr. lows- if not their 5-yr. lows.

So, be very cautious and wait for the good deals to come to you- in time.
Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!

About MAA

SymbolLast Price% Chg
Div Rate (TTM)
Yield (TTM)
Short Interest
Market Cap
Compare to Peers

More on MAA

Related Stocks

SymbolLast Price% Chg
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.