(MAA) Mid-America Apartment - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US59522J1034
Stock: Apartment, Leasing, Management, Development, Redevelopment
Total Rating 33
Risk 78
Buy Signal -0.15
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.29% |
| Yield on Cost 5y | 5.39% |
| Yield CAGR 5y | 4.09% |
| Payout Consistency | 98.4% |
| Payout Ratio | 145.0% |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.5% |
| Relative Tail Risk | -0.60% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.79 |
| Alpha | -21.35 |
| Character TTM | |
|---|---|
| Beta | 0.444 |
| Beta Downside | 0.569 |
| Drawdowns 3y | |
|---|---|
| Max DD | 29.76% |
| CAGR/Max DD | -0.15 |
Description: MAA Mid-America Apartment January 03, 2026
Mid-America Apartment Communities (MAA) is an S&P 500 REIT that owns, manages, acquires, develops, and redevelops multifamily properties mainly in the Southeast, Southwest, and Mid-Atlantic U.S., with a portfolio of 104,665 apartment units across 16 states and D.C. as of September 30 2025.
Key metrics: FY 2024 adjusted FFO grew 9% YoY to $1.08 billion, occupancy averaged 95.2% (above the 93% industry median), and average rent growth outpaced inflation by ~2.5 percentage points in the core markets. The company benefits from strong demographic tailwinds-particularly the influx of Millennials and Gen Z renters into Sun Belt metros-and a relatively low-cost capital environment, though rising interest rates could pressure debt refinancing.
For a deeper dive into MAA’s valuation nuances and scenario analysis, you might find ValueRay’s research tools useful.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 446.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.78 > 1.0 |
| NWC/Revenue: -50.59% < 20% (prev -36.16%; Δ -14.44% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.06b > Net Income 446.9m |
| Net Debt (-60.3m) to EBITDA (1.32b): -0.05 < 3 |
| Current Ratio: 0.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (117.1m) vs 12m ago 0.19% < -2% |
| Gross Margin: 31.83% > 18% (prev 0.33%; Δ 3150 % > 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'' -0.99
| A: -0.09 (Total Current Assets 60.3m - Total Current Liabilities 1.18b) / 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 -1.72b / Total Liabilities 6.14b) |
| Altman-Z'' Score: -0.99 = CCC |
What is the price of MAA shares?
As of February 08, 2026, the stock is trading at USD 132.13 with a total of 1,521,965 shares traded.
Over the past week, the price has changed by -1.62%, over one month by -3.29%, over three months by +5.19% and over the past year by -13.23%.
Over the past week, the price has changed by -1.62%, over one month by -3.29%, over three months by +5.19% and over the past year by -13.23%.
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?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 147.3 | 11.4% |
| Analysts Target Price | 147.3 | 11.4% |
| ValueRay Target Price | 140.6 | 6.4% |
MAA Fundamental Data Overview February 07, 2026
P/E Trailing = 34.582
P/E Forward = 35.7143
P/S = 7.1021
P/B = 2.7822
P/EG = 10.19
Revenue TTM = 2.21b USD
EBIT TTM = 696.0m USD
EBITDA TTM = 1.32b USD
Long Term Debt = 4.73b USD (from longTermDebt, two quarters ago)
Short Term Debt = 463.0m USD (from shortTermDebt, two quarters ago)
Debt = 5.41b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -60.3m USD (from netDebt column, last quarter)
Enterprise Value = 21.03b USD (15.69b + Debt 5.41b - CCE 60.3m)
Interest Coverage Ratio = 3.76 (Ebit TTM 696.0m / Interest Expense TTM 185.3m)
EV/FCF = 29.55x (Enterprise Value 21.03b / FCF TTM 712.0m)
FCF Yield = 3.38% (FCF TTM 712.0m / Enterprise Value 21.03b)
FCF Margin = 32.23% (FCF TTM 712.0m / 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 = 1.76 (Enterprise Value 21.03b / 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 = 0.05 (Total Current Assets 60.3m / Total Current Liabilities 1.18b)
Debt / Equity = 0.95 (Debt 5.41b / totalStockholderEquity, last quarter 5.66b)
Debt / EBITDA = -0.05 (Net Debt -60.3m / EBITDA 1.32b)
Debt / FCF = -0.08 (Net Debt -60.3m / FCF TTM 712.0m)
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 = 6.20% (NOPAT 681.8m / Invested Capital 11.00b)
WACC = 5.84% (E(15.69b)/V(21.09b) * Re(7.55%) + D(5.41b)/V(21.09b) * Rd(0.90%) * (1-Tc(0.02)))
Discount Rate = 7.55% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.16%
[DCF Debug] Terminal Value 85.75% ; FCFF base≈671.1m ; Y1≈634.2m ; Y5≈599.7m
Fair Price DCF = 154.6 (EV 18.01b - Net Debt -60.3m = Equity 18.07b / Shares 116.9m; r=5.90% [WACC]; 5y FCF grow -7.10% → 2.90% )
EPS Correlation: -35.61 | EPS CAGR: 1.81% | SUE: 0.09 | # QB: 0
Revenue Correlation: 84.66 | Revenue CAGR: 4.20% | SUE: -0.40 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.90 | Chg30d=+0.003 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=3.54 | Chg30d=-0.011 | Revisions Net=-5 | Growth EPS=-6.4% | Growth Revenue=+2.5%
EPS next Year (2027-12-31): EPS=3.89 | Chg30d=-0.060 | Revisions Net=-1 | Growth EPS=+16.5% | Growth Revenue=+3.7%
P/E Forward = 35.7143
P/S = 7.1021
P/B = 2.7822
P/EG = 10.19
Revenue TTM = 2.21b USD
EBIT TTM = 696.0m USD
EBITDA TTM = 1.32b USD
Long Term Debt = 4.73b USD (from longTermDebt, two quarters ago)
Short Term Debt = 463.0m USD (from shortTermDebt, two quarters ago)
Debt = 5.41b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -60.3m USD (from netDebt column, last quarter)
Enterprise Value = 21.03b USD (15.69b + Debt 5.41b - CCE 60.3m)
Interest Coverage Ratio = 3.76 (Ebit TTM 696.0m / Interest Expense TTM 185.3m)
EV/FCF = 29.55x (Enterprise Value 21.03b / FCF TTM 712.0m)
FCF Yield = 3.38% (FCF TTM 712.0m / Enterprise Value 21.03b)
FCF Margin = 32.23% (FCF TTM 712.0m / 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 = 1.76 (Enterprise Value 21.03b / 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 = 0.05 (Total Current Assets 60.3m / Total Current Liabilities 1.18b)
Debt / Equity = 0.95 (Debt 5.41b / totalStockholderEquity, last quarter 5.66b)
Debt / EBITDA = -0.05 (Net Debt -60.3m / EBITDA 1.32b)
Debt / FCF = -0.08 (Net Debt -60.3m / FCF TTM 712.0m)
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 = 6.20% (NOPAT 681.8m / Invested Capital 11.00b)
WACC = 5.84% (E(15.69b)/V(21.09b) * Re(7.55%) + D(5.41b)/V(21.09b) * Rd(0.90%) * (1-Tc(0.02)))
Discount Rate = 7.55% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.16%
[DCF Debug] Terminal Value 85.75% ; FCFF base≈671.1m ; Y1≈634.2m ; Y5≈599.7m
Fair Price DCF = 154.6 (EV 18.01b - Net Debt -60.3m = Equity 18.07b / Shares 116.9m; r=5.90% [WACC]; 5y FCF grow -7.10% → 2.90% )
EPS Correlation: -35.61 | EPS CAGR: 1.81% | SUE: 0.09 | # QB: 0
Revenue Correlation: 84.66 | Revenue CAGR: 4.20% | SUE: -0.40 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.90 | Chg30d=+0.003 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=3.54 | Chg30d=-0.011 | Revisions Net=-5 | Growth EPS=-6.4% | Growth Revenue=+2.5%
EPS next Year (2027-12-31): EPS=3.89 | Chg30d=-0.060 | Revisions Net=-1 | Growth EPS=+16.5% | Growth Revenue=+3.7%