Mid-America Apartment (MAA) Prices 1.1M Share Offering; Proceeds of $212M

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Mid-America Apartment (MAA) Announces Offering of 1.1M Shares of Common Stock

August 2, 2021 4:04 PM EDT

Mid-America Apartment Communities, Inc., ("MAA") (NYSE: MAA) today announced that it has commenced an underwritten public offering of 1,100,000 shares of common stock in connection with the forward sale agreements described below.

J.P. Morgan and Wells Fargo Securities are acting as the joint book-running managers for the offering.

MAA has entered into forward sale agreements with J.P. Morgan Securities LLC and Wells Fargo Securities or their affiliates (the "forward purchasers") with respect to 1,100,000 shares of its common stock. In connection with... More

Mid-America Apartment Communities (MAA) PT Raised to $196 at RBC Capital

July 30, 2021 6:13 AM EDT

RBC Capital analyst Brad Heffern raised the price target on Mid-America Apartment Communities (NYSE: MAA) to $196.00 (from $180.00) while maintaining a Sector Perform rating.... More