美国中公寓公司报告2025年成果强劲,项目2026年租金增长,尽管供应量高,计划增加再开发支出。 Mid-America Apartments reports strong 2025 results, projects 2026 rent growth despite high supply, and plans increased redevelopment spending.

美国中公寓社区报告2025年第四季度的结果与预期一致,核心FFO为每股2.23美元,2025年全年核心FFO为每股8.74美元。 Mid-America Apartment Communities reported fourth-quarter 2025 results in line with expectations, with Core FFO of $2.23 per share and full-year 2025 Core FFO at $8.74 per share. 占用率平均为95.7%,混合租赁费率因更新率的提高而逐年上升40个基点。 Occupancy averaged 95.7%, and blended lease rates rose 40 basis points year-over-year, driven by stronger renewal rates. 尽管供应增加,该公司预计2026年收入将增加,预计租赁费率将增加110至160个基点,有效租金将增加85个基点,新供应减少,需求强劲。 Despite elevated supply, the company expects improved revenue in 2026, forecasting a 110–160 basis point rise in lease rates and 85 basis point growth in effective rent, supported by declining new supply and strong demand. 该公司计划将资本投资增加10%以上,用于重新定位和重新开发。 The company plans over 10% more capital investment in repositioning and redevelopment. 分析员修订价格目标略低,目前平均为146.38美元,股票交易的P/E比率较高,股息支付比率超过120%。 Analysts revised price targets slightly lower, with a current average of $146.38, and the stock trades at a high P/E ratio with a dividend payout ratio above 120%.