(MAA) Mid-America Apartment - Overview
Sector: Real Estate | Industry: REIT - Residential | Exchange: NYSE (USA) | Market Cap: 15.304m USD | Total Return: -15% in 12m
Apartment Rentals, Residential Real Estate, Property Management
Total Rating 32
Safety 40
Buy Signal -0.16
REIT - Residential
Industry Rotation: +9.7
Industry Rotation: +9.7
Market Cap:
15.3B
Avg Turnover: 102M
Avg Turnover: 102M
Risk 3d forecast
Volatility19.0%
VaR 5th Pctl3.34%
VaR vs Median6.83%
Reward TTM
Sharpe Ratio-0.89
Rel. Str. IBD24.1
Rel. Str. Peer Group11.5
Character TTM
Beta0.005
Beta Downside-0.051
Hurst Exponent0.461
Drawdowns 3y
Max DD26.41%
CAGR/Max DD0.03
CAGR/Mean DD0.06
EPS (Earnings per Share)
EPS CAGR: -6.65%
EPS Trend: -59.1%
EPS Trend: -59.1%
Last SUE: 1.02
Qual. Beats: 1
Qual. Beats: 1
Revenue
Rev. CAGR: 1.58%
Rev. Trend: 95.8%
Rev. Trend: 95.8%
Last SUE: -0.93
Qual. Beats: 0
Qual. Beats: 0
Warnings
Altman Z'' -1.13 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
Description: MAA Mid-America Apartment
Mid-America Apartment Communities (MAA) is an S&P 500 real estate investment trust (REIT) specializing in the acquisition, development, and management of multi-family residential properties. The company focuses its portfolio on high-growth markets within the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of late 2025, MAA maintained ownership interests in over 100,000 apartment units across 16 states and the District of Columbia.
The company operates within the Multi-Family Residential REIT sub-industry, a sector that generates primary revenue through monthly rental income and typically benefits from high barriers to homeownership in urban and suburban hubs. Unlike commercial REITs, residential models often experience more stable demand cycles as housing remains a non-discretionary expense for the workforce. MAA utilizes a full-cycle investment strategy, balancing new property development with the redevelopment of existing assets to drive internal growth.
Investors can further evaluate these regional market trends and portfolio metrics on ValueRay. Founded in 1997 and headquartered in Tennessee, MAA remains a significant institutional player in the Sunbelt rental market.
- Sunbelt migration trends drive occupancy rates and organic rental income growth
- Elevated multifamily supply levels in core markets pressure new lease pricing
- Interest rate fluctuations impact debt refinancing costs and acquisition capitalization rates
- Strategic property redevelopment programs enhance portfolio yield and net operating income
- Employment growth in Southeast and Southwest regions sustains demand for luxury apartments
Piotroski VR‑10 (Strict)
5.0
| Net Income: 389.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.28 > 1.0 |
| NWC/Revenue: -57.46% < 20% (prev -38.81%; Δ -18.65% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.03b > Net Income 389.6m |
| Net Debt (5.57b) to EBITDA (1.24b): 4.48 < 3 |
| Current Ratio: 0.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (116.5m) vs 12m ago -0.55% < -2% |
| Gross Margin: 39.58% > 18% (prev 0.32%; Δ 3.93k% > 0.5%) |
| Asset Turnover: 18.60% > 50% (prev 18.60%; Δ -0.00% > 0%) |
| Interest Coverage Ratio: 3.19 > 6 (EBITDA TTM 1.24b / Interest Expense TTM 191.5m) |
Altman Z''
-1.13
| A: -0.11 (Total Current Assets 84.9m - Total Current Liabilities 1.36b) / Total Assets 11.99b |
| B: -0.15 (Retained Earnings -1.79b / Total Assets 11.99b) |
| C: 0.05 (EBIT TTM 610.9m / Avg Total Assets 11.90b) |
| D: -0.28 (Book Value of Equity -1.77b / Total Liabilities 6.29b) |
| Altman-Z'' Score: -1.13 = CCC |
What is the price of MAA shares?
As of May 22, 2026, the stock is trading at USD 130.01 with a total of 728,683 shares traded.
Over the past week, the price has changed by +0.71%, over one month by +0.61%, over three months by -1.21% and over the past year by -15.03%.
Over the past week, the price has changed by +0.71%, over one month by +0.61%, over three months by -1.21% and over the past year by -15.03%.
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 | 140.7 | 8.2% |
Mid-America Apartment (MAA) - Fundamental Data Overview
as of 20 May 2026
P/E Trailing = 38.8636 P/E Forward = 33.8983
P/S = 6.9136
P/B = 2.7074
P/EG = 7.0257
Revenue TTM = 2.21b USD
EBIT TTM = 610.9m USD
EBITDA TTM = 1.24b USD
Long Term Debt = 4.93b USD (from longTermDebt, last quarter)
Short Term Debt = 727.3m USD (from shortLongTermDebt, last quarter)
Debt = 5.66b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.57b USD (from netDebt column, last quarter)
Enterprise Value = 20.88b USD (15.30b + Debt 5.66b - CCE 84.9m)
Interest Coverage Ratio = 3.19 (Ebit TTM 610.9m / Interest Expense TTM 191.5m)
EV/FCF = 34.22x (Enterprise Value 20.88b / FCF TTM 610.0m)
FCF Yield = 2.92% (FCF TTM 610.0m / Enterprise Value 20.88b)
FCF Margin = 27.56% (FCF TTM 610.0m / Revenue TTM 2.21b)
Net Margin = 17.60% (Net Income TTM 389.6m / Revenue TTM 2.21b)
Gross Margin = 39.58% ((Revenue TTM 2.21b - Cost of Revenue TTM 1.34b) / Revenue TTM)
Gross Margin QoQ = 62.87% (prev 36.07%)
Tobins Q-Ratio = 1.74 (Enterprise Value 20.88b / Total Assets 11.99b)
Interest Expense / Debt = 0.91% (Interest Expense 51.4m / Debt 5.66b)
Taxrate = 4.19% (5.52m / 131.9m)
NOPAT = 585.4m (EBIT 610.9m * (1 - 4.19%))
Current Ratio = 0.06 (Total Current Assets 84.9m / Total Current Liabilities 1.36b)
Debt / Equity = 1.02 (Debt 5.66b / totalStockholderEquity, last quarter 5.56b)
Debt / EBITDA = 4.48 (Net Debt 5.57b / EBITDA 1.24b)
Debt / FCF = 9.13 (Net Debt 5.57b / FCF TTM 610.0m)
Total Stockholder Equity = 5.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.27% (Net Income 389.6m / Total Assets 11.99b)
RoE = 6.78% (Net Income TTM 389.6m / Total Stockholder Equity 5.75b)
RoCE = 5.72% (EBIT 610.9m / Capital Employed (Equity 5.75b + L.T.Debt 4.93b))
RoIC = 5.29% (NOPAT 585.4m / Invested Capital 11.08b)
WACC = 4.66% (E(15.30b)/V(20.96b) * Re(6.06%) + D(5.66b)/V(20.96b) * Rd(0.91%) * (1-Tc(0.04)))
Discount Rate = 6.06% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: 49.44 | Cagr: -0.11%
[DCF] Terminal Value 85.39% ; FCFF base≈666.7m ; Y1≈609.4m ; Y5≈540.2m
[DCF] Fair Price = 91.57 (EV 16.23b - Net Debt 5.57b = Equity 10.66b / Shares 116.4m; r=6.0% [WACC]; 5y FCF grow -10.75% → 3.0% )
EPS Correlation: -59.07 | EPS CAGR: -6.65% | SUE: 1.02 | # QB: 1
Revenue Correlation: 95.77 | Revenue CAGR: 1.58% | SUE: -0.93 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.79 | Chg30d=-3.24% | Revisions=-43% | Analysts=4
EPS next Quarter (2026-09-30): EPS=0.80 | Chg30d=-2.20% | Revisions=-43% | Analysts=4
EPS current Year (2026-12-31): EPS=3.39 | Chg30d=+2.51% | Revisions=+43% | GrowthEPS=-10.3% | GrowthRev=+1.3%
EPS next Year (2027-12-31): EPS=3.47 | Chg30d=+3.73% | Revisions=-40% | GrowthEPS=+2.4% | GrowthRev=+3.1%
[Analyst] Revisions Ratio: -43%