Overview Dividends

(MAA) Mid-America Apartment - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US59522J1034

Apartment, Development, Management, Acquisition, Redevelopment

Risk via 10d forecast
Volatility 20.0%
Value at Risk 5%th 32.6%
Relative Tail Risk -0.82%
Reward TTM
Sharpe Ratio -0.90
Alpha -23.29
Character TTM
Hurst Exponent 0.453
Beta 0.462
Beta Downside 0.536
Drawdowns 3y
Max DD 30.73%
Mean DD 13.00%
Median DD 13.00%

Description: MAA Mid-America Apartment October 30, 2025

Mid-America Apartment Communities Inc. (NYSE: MAA) is an S&P 500-listed REIT that owns, manages, acquires, develops, and redevelops multifamily assets primarily in the Southeast, Southwest, and Mid-Atlantic U.S. As of June 30 2025 the company reported a portfolio of 104,347 apartment units across 16 states and the District of Columbia, including units under construction.

Key operational metrics from the most recent quarterly filing show an occupancy rate of 96.2 % and an average rent growth of 4.8 % year-over-year, outpacing the national multifamily average of roughly 3.5 %. The REIT’s funds-from-operations (FFO) grew 7.5 % YoY, reflecting both rent-increase momentum and disciplined cost-control in its redevelopment pipeline, which currently includes ≈ 3,200 units slated for completion by 2026. Macro-level drivers such as a tight rental supply (U.S. multifamily vacancy fell to 5.5 % in Q2 2025) and continued population inflows to Sun Belt markets support MAA’s growth outlook, though rising interest rates remain a headwind for cap-rate compression.

For a deeper, data-driven assessment of MAA’s valuation dynamics and scenario analysis, you may find ValueRay’s analytical platform a useful next step.

MAA Stock Overview

Market Cap in USD 15,461m
Sub-Industry Multi-Family Residential REITs
IPO / Inception 1994-01-28
Return 12m vs S&P 500 -24.4%
Analyst Rating 3.69 of 5

MAA Dividends

Dividend Yield 4.63%
Yield on Cost 5y 5.49%
Yield CAGR 5y 10.11%
Payout Consistency 98.3%
Payout Ratio 128.9%

MAA Growth Ratios

CAGR 3y -2.36%
CAGR/Max DD Calmar Ratio -0.08
CAGR/Mean DD Pain Ratio -0.18
Current Volume 649.1k
Average Volume 1039.3k

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (561.6m TTM) > 0 and > 6% of Revenue (6% = 98.9m TTM)
FCFTA 0.06 (>2.0%) and ΔFCFTA 1.02pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -50.00% (prev -52.06%; Δ 2.07pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.09 (>3.0%) and CFO 1.10b > Net Income 561.6m (YES >=105%, WARN >=100%)
Net Debt (-32.2m) to EBITDA (1.37b) ratio: -0.02 <= 3.0 (WARN <= 3.5)
Current Ratio 0.04 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (117.2m) change vs 12m ago 0.29% (target <= -2.0% for YES)
Gross Margin 26.49% (prev 33.38%; Δ -6.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 13.93% (prev 18.57%; Δ -4.65pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 4.17 (EBITDA TTM 1.37b / Interest Expense TTM 180.7m) >= 6 (WARN >= 3)

Altman Z'' -0.75

(A) -0.07 = (Total Current Assets 32.2m - Total Current Liabilities 856.7m) / Total Assets 11.93b
(B) -0.14 = Retained Earnings (Balance) -1.61b / Total Assets 11.93b
(C) 0.06 = EBIT TTM 754.4m / Avg Total Assets 11.84b
(D) -0.27 = Book Value of Equity -1.60b / Total Liabilities 5.91b
Total Rating: -0.75 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 70.14

1. Piotroski 4.50pt = -0.50
2. FCF Yield 3.70% = 1.85
3. FCF Margin 45.88% = 7.50
4. Debt/Equity 0.86 = 2.14
5. Debt/Ebitda -0.02 = 2.50
6. ROIC - WACC (= 0.93)% = 1.16
7. RoE 9.49% = 0.79
8. Rev. Trend 93.04% = 6.98
9. EPS Trend -45.76% = -2.29

What is the price of MAA shares?

As of November 16, 2025, the stock is trading at USD 130.94 with a total of 649,100 shares traded.
Over the past week, the price has changed by +0.99%, over one month by -0.99%, over three months by -5.42% and over the past year by -13.30%.

Is Mid-America Apartment a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Mid-America Apartment (NYSE:MAA) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 70.14 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MAA is around 123.91 USD . This means that MAA is currently overvalued and has a potential downside of -5.37%.

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.
  • Strong Buy: 8
  • Buy: 6
  • Hold: 10
  • Sell: 0
  • Strong Sell: 2

What are the forecasts/targets for the MAA price?

Issuer Target Up/Down from current
Wallstreet Target Price 155.5 18.7%
Analysts Target Price 155.5 18.7%
ValueRay Target Price 135.1 3.2%

MAA Fundamental Data Overview November 01, 2025

Market Cap USD = 15.46b (15.46b USD * 1.0 USD.USD)
P/E Trailing = 27.3482
P/E Forward = 33.557
P/S = 7.0274
P/B = 2.698
P/EG = 10.19
Beta = 0.777
Revenue TTM = 1.65b USD
EBIT TTM = 754.4m USD
EBITDA TTM = 1.37b USD
Long Term Debt = 4.73b USD (from longTermDebt, last fiscal year)
Short Term Debt = 250.0m USD (from shortTermDebt, last fiscal year)
Debt = 5.01b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -32.2m USD (from netDebt column, last quarter)
Enterprise Value = 20.44b USD (15.46b + Debt 5.01b - CCE 32.2m)
Interest Coverage Ratio = 4.17 (Ebit TTM 754.4m / Interest Expense TTM 180.7m)
FCF Yield = 3.70% (FCF TTM 756.6m / Enterprise Value 20.44b)
FCF Margin = 45.88% (FCF TTM 756.6m / Revenue TTM 1.65b)
Net Margin = 34.06% (Net Income TTM 561.6m / Revenue TTM 1.65b)
Gross Margin = 26.49% ((Revenue TTM 1.65b - Cost of Revenue TTM 1.21b) / Revenue TTM)
Gross Margin QoQ = none% (prev 29.86%)
Tobins Q-Ratio = 1.71 (Enterprise Value 20.44b / Total Assets 11.93b)
Interest Expense / Debt = 0.92% (Interest Expense 46.3m / Debt 5.01b)
Taxrate = -1.71% (negative due to tax credits) (-1.77m / 103.4m)
NOPAT = 767.3m (EBIT 754.4m * (1 - -1.71%)) [negative tax rate / tax credits]
Current Ratio = 0.04 (Total Current Assets 32.2m / Total Current Liabilities 856.7m)
Debt / Equity = 0.86 (Debt 5.01b / totalStockholderEquity, last quarter 5.82b)
Debt / EBITDA = -0.02 (Net Debt -32.2m / EBITDA 1.37b)
Debt / FCF = -0.04 (Net Debt -32.2m / FCF TTM 756.6m)
Total Stockholder Equity = 5.92b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.71% (Net Income 561.6m / Total Assets 11.93b)
RoE = 9.49% (Net Income TTM 561.6m / Total Stockholder Equity 5.92b)
RoCE = 7.08% (EBIT 754.4m / Capital Employed (Equity 5.92b + L.T.Debt 4.73b))
RoIC = 6.99% (NOPAT 767.3m / Invested Capital 10.97b)
WACC = 6.06% (E(15.46b)/V(20.47b) * Re(7.72%) + D(5.01b)/V(20.47b) * Rd(0.92%) * (1-Tc(-0.02)))
Discount Rate = 7.72% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 0.18%
[DCF Debug] Terminal Value 77.43% ; FCFE base≈704.3m ; Y1≈665.7m ; Y5≈630.9m
Fair Price DCF = 96.37 (DCF Value 11.28b / Shares Outstanding 117.1m; 5y FCF grow -7.10% → 3.0% )
EPS Correlation: -45.76 | EPS CAGR: -24.93% | SUE: 0.0 | # QB: 0
Revenue Correlation: 93.04 | Revenue CAGR: 1.64% | SUE: -0.84 | # QB: 0

Additional Sources for MAA Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle