MAA
Mid-America Apartment Communities
$134.79
▲ 0.9%Updated Aug 7, 11:30 AM ET
MAA at a glance — five pillars scored 0–100 from real filed financials.
Overall: Weak · 38/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▼ Down 11.0% over the last 12 months
Market Cap
$16.55B
P/E
40.27x
Forward P/E (est.)
57.52x
ROE
6.8%
Revenue Growth
0.8%
EPS Growth
-31.2%
Profit Margin
17.6%
FCF Yield
7.3%
Debt / Equity
0.95x
ROIC
2.0%
Interest Coverage
0.7x
Current Ratio
—
Dividend Yield
4.5%
Implied Growth (rev. DCF)
4.5%
Rating Score
38/100
Mid-America Apartment Communities (MAA) is a large-cap company in the Multi-Family Residential REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $16.55B.
In its latest reported year it generated about $2.21B in revenue and $446.91M in net profit.
Our model rates MAA Weak (38/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
The filed history looks like a business competitors struggle to attack: high and steady margins, revenue that grows through cycles, and strong returns on capital.
grew in 9 of the last 9 year-over-year periods
positive in 10 of 10 years
2.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what MAA's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. MAA trades near $134.79, above its 50-day average ($132.33) and 200-day average ($132.46). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 60 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. MAA's is $2.79 (~2.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month MAA found buyers near $130.94 (support) and sellers near $142.26 (resistance); its 52-week range is $120.30–$153.93. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
5.6%
Revenue moved from $497.17M in 2012 to $2.21B in 2025, a 18.0% compound annual growth rate. The most recent year was roughly flat (0.8%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
58.5%
Operating Margin
24.6%
Net Margin
20.2%
ROE
6.8%
Mid-America Apartment Communities keeps about 17.6% of each sales dollar as net profit, with a 58.5% gross margin and 24.6% operating margin. Return on equity is 6.8% and return on invested capital about 2.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
—
Net Debt
—
Net Debt / EBITDA
—
Debt / Equity
0.95x
Leverage: debt-to-equity is 1.0x, and operating profit covers interest about 0.7x. That is a moderate, manageable debt load for most businesses.
Operating CF
$1.08B
Free Cash Flow
$717.94M
FCF Margin
32.5%
In the latest year Mid-America Apartment Communities produced about $1.08B of operating cash flow and $717.94M of free cash flow after capital spending. That is a free-cash-flow yield of about 7.3% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
The dividend is being paid, but coverage or consistency is thinner than an income investor should rely on without a closer look.
Dividend yield
4.5%
Per share (latest FY)
$6.08
Total paid (latest FY)
$709.02M
History on record
10 years
dividend uses 99% of free cash flow
159% of net income paid out
total dividends increased 9 years in a row
no cuts in the last 10 years on record
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
40.27x
P/S
7.19x
P/B
2.85x
EV / EBITDA
—
MAA trades at 40.3x trailing earnings (about 57.5x on estimated forward earnings), 7.2x sales, and 2.8x book value. Reverse-engineering today's price implies the market expects roughly 4.5% long-term free-cash-flow growth. That is a rich multiple that prices in a lot of future growth.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$88.15
Current price
$134.79
Starting FCF (latest 10-K)
$717.94M
Growth, years 1–5
0.8%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where MAA sits versus its Real Estate sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 33 Real Estate companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How MAA stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.
In the Real Estate sector (41 S&P 500 companies), MAA ranks #28 of 41 by our overall rating. It trades at a premium versus the sector on earnings (40.3x P/E vs. 32.4x median) with a lower return on equity (6.8% vs. 8.0%) and slower revenue growth (0.8% vs. 5.3%).
P/E vs sector
40.3x
median 32.4x
ROE vs sector
6.8%
median 8.0%
Growth vs sector
0.8%
median 5.3%
Sector rank
#28
of 41 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 41 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $134.79 today · expected CAGR -6% – 4%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $2.28B | $2.34B | $2.41B | $2.49B | $2.56B |
| Net income | $455.08M | $468.73M | $482.79M | $497.28M | $512.20M |
| EPS | $3.71 | $3.82 | $3.93 | $4.05 | $4.17 |
| Share price (low) | $88.96 | $91.63 | $94.38 | $97.21 | $100.12 |
| Share price (high) | $148.27 | $152.71 | $157.29 | $162.01 | $166.87 |
| CAGR (low–high) | -34% / 10% | -18% / 6% | -11% / 5% | -8% / 5% | -6% / 4% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for MAA:
- High net margins (17.6%) point to pricing power or efficiency.
- Healthy free-cash-flow yield (~7.3%) funds buybacks and dividends.
- Pays a 4.5% dividend on top of any price gains.
The case against MAA:
- Revenue growth is slow (0.8%), limiting the upside engine.
- Interest coverage is thin (0.7x), so debt costs bite.
- A rich 40.3x earnings multiple prices in a lot of growth.
- Our model's overall read is Weak (38/100).
Valuation risk — at 40.3x earnings, disappointing results could compress the multiple.
Growth risk — sluggish revenue (0.8%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen weakly: Mid-America Apartment Communities is a large-cap real estate business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 40.3x earnings, which our model scores Weak (38/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 31 Wall Street analysts covering MAA recommend (August 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more cautious over the last three months (-5 pts of buy ratings).
Latest SEC Filings
MAA's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
MAA — frequently asked questions
Is MAA a good stock to buy?
We don't give buy or sell advice. Our model rates Mid-America Apartment Communities Weak (38/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is MAA's rating on The Stocks School?
Mid-America Apartment Communities currently scores 38/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does MAA's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Mid-America Apartment Communities's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for MAA calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this MAA analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell MAA. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.