Mid-America Apartment (MAA) AI Stock Analysis

• Market Cap: $16.28B
• Dividend Yield: 4.47%
• Average Volume (3M): 1.11M
• Price to Earnings (P/E): 28.7
• Beta (1Y): 0.46
• Revenue Growth: 0.91%
• EPS Growth: 6.55%
• Country: US
• Employees: 2,532
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Residential
• EPS (TTM): 0.81
• Shares Outstanding: 117,081,740
• 10 Day Avg. Volume: 952,829
• 30 Day Avg. Volume: 1,109,512
• PEG Ratio: -7.33
• Price to Book (P/B): 3.03
• Price to Sales (P/S): 8.24
• P/FCF Ratio: 23.26
• Enterprise Value/Market Cap: 1.33
• Enterprise Value/Revenue: 9.85
• Enterprise Value/Gross Profit: 31.95
• Enterprise Value/Ebitda: 15.86
• 1Y Price Target: $149.67
• Price Target Upside: 10.45% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 17
• EPS Forecast (FY): 4.22
• Revenue Forecast (FY): $2.21B

• Rating: 73 Outperform
• Price Target: $151.00 ▲(11.43% Upside)

Mid-America Apartment's overall stock score reflects strong financial performance and robust occupancy rates, offset by challenges in cash flow management and valuation concerns. The technical indicators suggest mixed short-term trends, while the earnings call highlights both strategic successes and market challenges.

Positive Factors

Strong Occupancy and Collections

High occupancy rates and low delinquency indicate strong demand and effective tenant management, supporting stable revenue streams.

Development and Acquisition Success

Successful projects and acquisitions enhance portfolio value and income potential, strengthening market position and long-term growth.

Resilient Core FFO Results

Meeting FFO expectations shows operational resilience and strategic effectiveness, ensuring consistent performance amid economic fluctuations.

Negative Factors

New Lease Rate Challenges

Declining lease rates could pressure revenue growth and profitability, necessitating strategic adjustments to attract and retain tenants.

Guidance Adjustments

Revised guidance suggests potential revenue and profitability challenges, impacting investor confidence and strategic planning.

Supply Pressure in Certain Markets

Excess supply in key markets could suppress pricing power and occupancy rates, affecting revenue and competitive positioning.

Mid-America Apartment Business Overview & Revenue Model

Company Description

MAA, an S&P 500 company, is a real estate investment trust, or REIT, focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities in the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2020, MAA had ownership interest in 102,772 apartment units, including communities currently in development, across 16 states and the District of Columbia.

How the Company Makes Money

MAA generates revenue primarily through the rental income derived from its extensive portfolio of apartment communities. The company leases apartments to individuals and families, charging monthly rents that vary based on the location, amenities, and market demand. Additionally, MAA may earn income through ancillary services such as laundry facilities, parking fees, and other resident services. The company benefits from economies of scale, as its large portfolio allows for efficient property management and reduced operating costs. Furthermore, MAA may engage in strategic partnerships, development projects, and acquisitions, which can provide additional revenue streams and enhance its market position.

Mid-America Apartment Financial Statement Overview

Summary

Mid-America Apartment demonstrates strong revenue growth and profitability, supported by efficient operations and a stable balance sheet. However, the significant drop in free cash flow growth is a potential risk, indicating a need for improved cash flow management.

Income Statement

Mid-America Apartment shows strong revenue growth with a TTM increase of 14.8%. The company maintains healthy margins, with a gross profit margin of 30.8% and a net profit margin of 25.2% in the TTM. EBIT and EBITDA margins are robust at 34.3% and 62.2%, respectively, indicating efficient operations. However, the slight decline in gross profit margin over the years suggests potential cost pressures.

Balance Sheet

The company maintains a stable balance sheet with a debt-to-equity ratio of 0.89, reflecting moderate leverage. Return on equity is reasonable at 9.4%, indicating effective use of equity capital. The equity ratio stands at 48.9%, showing a balanced capital structure. However, the increasing debt levels over the years could pose a risk if not managed carefully.

Cash Flow

Operating cash flow remains positive, but the free cash flow has seen a significant decline of 79.6% in the TTM, which could impact future investments. The operating cash flow to net income ratio is healthy at 1.19, indicating good cash generation relative to profits. However, the declining free cash flow growth rate is a concern that needs addressing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.20B	2.19B	2.15B	2.02B	1.78B	1.68B
Gross Profit	679.17M	713.27M	747.48M	687.71M	517.75M	474.37M
EBITDA	1.37B	1.30B	1.29B	1.35B	1.25B	945.08M
Net Income	555.98M	527.54M	552.81M	637.44M	533.79M	254.62M
Balance Sheet
Total Assets	11.93B	11.81B	11.48B	11.24B	11.29B	11.19B
Cash, Cash Equivalents and Short-Term Investments	32.25M	43.02M	41.31M	38.66M	54.30M	25.20M
Total Debt	5.20B	5.01B	4.57B	4.44B	4.52B	4.56B
Total Liabilities	5.91B	5.66B	5.19B	5.03B	5.10B	5.09B
Stockholders Equity	5.84B	5.96B	6.11B	6.03B	6.00B	5.89B
Cash Flow
Free Cash Flow	154.64M	775.92M	795.96M	762.30M	383.69M	598.44M
Operating Cash Flow	241.15M	1.10B	1.14B	1.06B	894.97M	823.95M
Investing Cash Flow	-666.60M	-825.50M	-775.26M	-405.24M	-253.59M	-484.73M
Financing Cash Flow	-407.15M	-271.12M	-367.90M	-722.77M	-546.40M	-374.14M

Mid-America Apartment Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 135.51
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MAA, the sentiment is Neutral. The current price of 135.51 is above the 20-day moving average (MA) of 130.60, above the 50-day MA of 133.10, and below the 200-day MA of 146.12, indicating a neutral trend. The MACD of 0.37 indicates Negative momentum. The RSI at 62.82 is Neutral, neither overbought nor oversold. The STOCH value of 85.75 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MAA.

Mid-America Apartment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAA	73 Outperform	$16.28B	28.72	9.41%	4.47%	0.91%	6.55%
ESS	72 Outperform	$17.47B	19.93	15.30%	3.88%	6.92%	53.76%
SUI	69 Neutral	$15.90B	16.10	-5.55%	6.19%	-20.69%	330.60%
AMH	69 Neutral	$11.86B	27.10	6.36%	3.62%	7.63%	23.16%
INVH	67 Neutral	$17.12B	53.72	5.99%	4.15%	6.82%	27.91%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CPT	60 Neutral	$14.96B	42.88	5.79%	3.94%	1.41%	-21.93%

Mid-America Apartment Corporate Events

Mid-America Apartment Communities Reports Q3 2025 Results

Mid-America Apartment Communities, Inc. (MAA) is a real estate investment trust (REIT) that focuses on owning, managing, acquiring, developing, and redeveloping quality apartment communities primarily in the Southeast, Southwest, and Mid-Atlantic regions of the United States.

Mid-America Apartment Secures $1.5 Billion Credit Facility

On October 21, 2025, Mid-America Apartments, L.P. (MAALP) entered into a Fifth Amended and Restated Credit Agreement with several financial institutions, including Wells Fargo and JPMorgan Chase. This agreement establishes an unsecured revolving credit facility of up to $1.5 billion, with provisions for extensions and an accordion feature to increase the credit limit to $2.0 billion. The facility is intended for general corporate purposes, such as debt repayment and supporting MAALP’s commercial paper program. The agreement includes various financial covenants and events of default that could impact MAALP’s financial obligations.

The most recent analyst rating on (MAA) stock is a Hold with a $143.00 price target. To see the full list of analyst forecasts on Mid-America Apartment stock, see the MAA Stock Forecast page.

Mid-America Apartment Highlights Strong Financial Performance

On September 3, 2025, Mid-America Apartment Communities, Inc. (MAA) will present a capital markets update to investors, highlighting its robust financial performance and strategic positioning in the multifamily real estate sector. The company emphasizes its strong demand dynamics and declining supply impact, which are expected to support continued growth. MAA’s disciplined capital allocation and diversified portfolio strategy in high-growth Sunbelt markets are key factors in its ability to outperform peers and deliver superior long-term shareholder returns.

The most recent analyst rating on (MAA) stock is a Buy with a $160.00 price target. To see the full list of analyst forecasts on Mid-America Apartment stock, see the MAA Stock Forecast page.

Mid-America Apartment Communities’ Earnings Call Insights

The recent earnings call for Mid-America Apartment Communities (MAA) painted a mixed picture, reflecting both positive strides and ongoing challenges. The company demonstrated strong absorption and development progress, yet faced hurdles due to economic uncertainty affecting lease pricing and supply pressures in certain markets.

Mid-America Apartment Communities Reports Strong Q2 2025 Results

Mid-America Apartment Communities, Inc. (MAA) is a real estate investment trust (REIT) specializing in the ownership, management, acquisition, development, and redevelopment of apartment communities across the Southeast, Southwest, and Mid-Atlantic regions of the United States.