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Barchart
Barchart
Kritika Sarmah

MYSTERIOUS: Mid america apartment communities stock analyst estimates ratings | Mind Blowing Facts

MAA

Headquartered in Germantown, Tennessee, Mid-America Apartment Communities, Inc. (MAA) is a globally recognized real estate investment trust (REIT) with a market cap of $18.7 billion. It specializes in acquiring, developing, redeveloping, and managing multifamily homes across the Southeastern, southwestern, and mid-Atlantic regions of the United States.

Shares of this leading residential REIT have underperformed the broader market over the past year. MAA has gained 10.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.7%. However, things are looking up for the stock in 2024 as MAA stock is up 19.2%, surpassing SPX’s 18% rise on a YTD basis.

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