Published on 2 May 2024 on GuruFocus.com via Yahoo Finance
Strengths: Robust Same Store revenue growth and strategic market focus.Weaknesses: Limited diversification beyond multifamily apartment communities.Opportunities: Expansion through strategic acquisitions and development projects.Threats: Market risks including interest rate fluctuations and regional economic downturns.
Mid-America Apartment Communities Inc (NYSE:MAA), an S&P 500 company, is a real estate investment trust (REIT) that focuses on the acquisition, operation, and development of multifamily apartment communities in the southeastern and southwestern United States. As of the first quarter of 2024, MAA's financial statements reflect a solid performance with a portfolio of 290 owned and operated apartment communities and five development communities under construction. This SWOT analysis, based on the 10-Q filing dated May 2, 2024, aims to provide investors with a comprehensive understanding of MAA's strategic position and financial health.