MID AMERICA APARTMENT COMMUNITIES INC. (MAAI)

Mid-America Apartment Communities, Inc. is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the following segments: Same Store Communities and Non-Same Store and Other. The Same Store Communities segment focuses on communities that the company has owned. The Non-Same Store and Other segment includes recent acquisitions, communities in development or lease-up. The company was founded in 1994 and is headquartered in Germantown, TN.

Address

6815 POPLAR AVENUE
GERMANTOWN, TN 38138

Founded

1994

Number of Employees

2,387

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - - - - $1,727 $1,730 - $7,848 $842 $3,037
Average Price - - - - - - $125.82 $125.27 - $151.74 $131.80 $141.83
# Shares Purchased - - - - - - 13,726 13,812 - 51,723 6,392 21,413
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - 31.9% 32.5% - 9.4% 25.9% 17.0%
S&P 500 Return to Date - - - - - - 74.8% 31.7% - 31.3% 7.4% 36.3%
Excess Total Return - - - - - - -42.9% 0.9% - -21.9% 18.5% -19.3%
Quartile Rank
Percentile Rank - - - - - - 47% 71% - 48% 84% 53%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.