(MAA) Mid-America Apartment - Overview

Sector: Real Estate | Industry: REIT - Residential | Exchange: NYSE (USA) | Market Cap: 14.989m USD | Total Return: -17% in 12m

Apartment Communities, Real Estate, Housing
Total Rating 33
Safety 62
Buy Signal -0.24
REIT - Residential
Industry Rotation: -11.1
Market Cap: 15.0B
Avg Turnover: 119M USD
ATR: 1.83%
Peers RS (IBD): 23.3
Risk 5d forecast
Volatility19.2%
Rel. Tail Risk-0.51%
Reward TTM
Sharpe Ratio-0.82
Alpha-19.28
Character TTM
Beta0.062
Beta Downside-0.277
Drawdowns 3y
Max DD26.41%
CAGR/Max DD-0.06
EPS (Earnings per Share) EPS (Earnings per Share) of MAA over the last years for every Quarter: "2021-03": 0.4, "2021-06": 1.72, "2021-09": 0.66, "2021-12": 1.49, "2022-03": 0.86, "2022-06": 2.02, "2022-09": 1.05, "2022-12": 1.87, "2023-03": 1.13, "2023-06": 1.24, "2023-09": 1.09, "2023-12": 1.14, "2024-03": 1.03, "2024-06": 1.03, "2024-09": 1.06, "2024-12": 1.43, "2025-03": 1.54, "2025-06": 0.88, "2025-09": 0.85, "2025-12": 0.92,
EPS CAGR: 1.81%
EPS Trend: -35.6%
Last SUE: 0.08
Qual. Beats: 0
Revenue Revenue of MAA over the last years for every Quarter: 2021-03: 425.005, 2021-06: 436.927, 2021-09: 452.575, 2021-12: 463.575, 2022-03: 476.078, 2022-06: 495.04, 2022-09: 520.783, 2022-12: 527.965, 2023-03: 529.033, 2023-06: 535.146, 2023-09: 542.042, 2023-12: 542.247, 2024-03: 543.622, 2024-06: 546.435, 2024-09: 551.126, 2024-12: 549.832, 2025-03: 549.295, 2025-06: 549.902, 2025-09: 554.373, 2025-12: 555.556,
Rev. CAGR: 4.20%
Rev. Trend: 84.7%
Last SUE: -0.40
Qual. Beats: 0

Warnings

Altman Z'' -0.71 < 1.0 - financial distress zone

Tailwinds

No distinct edge detected

Description: MAA Mid-America Apartment

Mid-America Apartment Communities, Inc. (MAA) is a Real Estate Investment Trust (REIT) specializing in apartment communities.

MAA focuses on ownership, management, acquisition, development, and redevelopment of properties in the Southeast, Southwest, and Mid-Atlantic U.S. REITs are companies that own, operate, or finance income-producing real estate.

As of December 31, 2025, MAA held ownership interests in 104,945 apartment units across 16 states and D.C. The multi-family residential sector provides housing for diverse populations.

For more detailed financial and operational data, ValueRay offers comprehensive analytics.

Headlines to Watch Out For
  • Rent growth in Sunbelt markets drives revenue
  • Interest rate hikes increase borrowing costs
  • Apartment supply growth impacts occupancy rates
  • Regional economic health influences rental demand
Piotroski VR‑10 (Strict) 3.5
Net Income: 446.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.57 > 1.0
NWC/Revenue: -27.61% < 20% (prev -36.16%; Δ 8.55% < -1%)
CFO/TA 0.09 > 3% & CFO 1.08b > Net Income 446.9m
Net Debt (5.35b) to EBITDA (1.32b): 4.05 < 3
Current Ratio: 0.16 > 1.5 & < 3
Outstanding Shares: last quarter (117.1m) vs 12m ago 0.19% < -2%
Gross Margin: 31.83% > 18% (prev 0.33%; Δ 3.15k% > 0.5%)
Asset Turnover: 18.57% > 50% (prev 18.55%; Δ 0.03% > 0%)
Interest Coverage Ratio: 3.76 > 6 (EBITDA TTM 1.32b / Interest Expense TTM 185.3m)
Altman Z'' -0.71
A: -0.05 (Total Current Assets 120.4m - Total Current Liabilities 730.4m) / Total Assets 11.98b
B: -0.14 (Retained Earnings -1.73b / Total Assets 11.98b)
C: 0.06 (EBIT TTM 696.0m / Avg Total Assets 11.89b)
D: -0.28 (Book Value of Equity -1.74b / Total Liabilities 6.14b)
Altman-Z'' Score: -0.71 = B
What is the price of MAA shares? As of April 10, 2026, the stock is trading at USD 125.62 with a total of 571,565 shares traded.
Over the past week, the price has changed by +0.59%, over one month by -4.93%, over three months by -6.51% and over the past year by -16.97%.
Is MAA a buy, sell or hold? Mid-America Apartment has received a consensus analysts rating of 3.69. Therefor, it is recommend to hold MAA.
  • StrongBuy: 8
  • Buy: 6
  • Hold: 10
  • Sell: 0
  • StrongSell: 2
What are the forecasts/targets for the MAA price?
Analysts Target Price 144.1 14.7%
Mid-America Apartment (MAA) - Fundamental Data Overview as of 05 April 2026
P/E Trailing = 33.037
P/E Forward = 33.8983
P/S = 6.7848
P/B = 2.5687
P/EG = 7.0257
Revenue TTM = 2.21b USD
EBIT TTM = 696.0m USD
EBITDA TTM = 1.32b USD
Long Term Debt = 4.73b USD (from longTermDebt, last quarter)
Short Term Debt = 676.0m USD (from shortTermDebt, last quarter)
Debt = 5.41b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.35b USD (from netDebt column, last quarter)
Enterprise Value = 20.33b USD (14.99b + Debt 5.41b - CCE 60.3m)
Interest Coverage Ratio = 3.76 (Ebit TTM 696.0m / Interest Expense TTM 185.3m)
EV/FCF = 28.32x (Enterprise Value 20.33b / FCF TTM 717.9m)
FCF Yield = 3.53% (FCF TTM 717.9m / Enterprise Value 20.33b)
FCF Margin = 32.50% (FCF TTM 717.9m / Revenue TTM 2.21b)
Net Margin = 20.23% (Net Income TTM 446.9m / Revenue TTM 2.21b)
Gross Margin = 31.83% ((Revenue TTM 2.21b - Cost of Revenue TTM 1.51b) / Revenue TTM)
Gross Margin QoQ = 36.07% (prev 29.49%)
Tobins Q-Ratio = 1.70 (Enterprise Value 20.33b / Total Assets 11.98b)
Interest Expense / Debt = 0.90% (Interest Expense 48.7m / Debt 5.41b)
Taxrate = 2.04% (1.19m / 58.4m)
NOPAT = 681.8m (EBIT 696.0m * (1 - 2.04%))
Current Ratio = 0.16 (Total Current Assets 120.4m / Total Current Liabilities 730.4m)
Debt / Equity = 0.95 (Debt 5.41b / totalStockholderEquity, last quarter 5.68b)
Debt / EBITDA = 4.05 (Net Debt 5.35b / EBITDA 1.32b)
Debt / FCF = 7.45 (Net Debt 5.35b / FCF TTM 717.9m)
Total Stockholder Equity = 5.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.76% (Net Income 446.9m / Total Assets 11.98b)
RoE = 7.64% (Net Income TTM 446.9m / Total Stockholder Equity 5.85b)
RoCE = 6.58% (EBIT 696.0m / Capital Employed (Equity 5.85b + L.T.Debt 4.73b))
RoIC = 6.18% (NOPAT 681.8m / Invested Capital 11.03b)
WACC = 4.79% (E(14.99b)/V(20.39b) * Re(6.20%) + D(5.41b)/V(20.39b) * Rd(0.90%) * (1-Tc(0.02)))
Discount Rate = 6.20% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 85.65% ; FCFF base≈741.1m ; Y1≈693.8m ; Y5≈645.0m
[DCF] Fair Price = 119.6 (EV 19.32b - Net Debt 5.35b = Equity 13.98b / Shares 116.9m; r=6.0% [WACC]; 5y FCF grow -8.16% → 3.0% )
EPS Correlation: -35.61 | EPS CAGR: 1.81% | SUE: 0.08 | # QB: 0
Revenue Correlation: 84.66 | Revenue CAGR: 4.20% | SUE: -0.40 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.81 | Chg7d=-0.001 | Chg30d=-0.012 | Revisions Net=+0 | Analysts=8
EPS current Year (2026-12-31): EPS=3.31 | Chg7d=+0.007 | Chg30d=-0.023 | Revisions Net=-2 | Growth EPS=-12.5% | Growth Revenue=+1.7%
EPS next Year (2027-12-31): EPS=3.43 | Chg7d=+0.011 | Chg30d=+0.011 | Revisions Net=-3 | Growth EPS=+3.8% | Growth Revenue=+3.5%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.9% (Discount Rate 7.9% - Earnings Yield 3.0%)
[Growth] Growth Spread = -3.0% (Analyst 1.9% - Implied 4.9%)
External Resources
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