Mid-America Apartment (MAA) AI Stock Analysis

• Market Cap: $15.44B
• Dividend Yield: 4.77%
• Average Volume (3M): 1.03M
• Price to Earnings (P/E): 27.2
• Beta (1Y): 0.48
• 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: 1,448,379
• 30 Day Avg. Volume: 1,029,690
• 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: 1.41
• Enterprise Value/Revenue: 9.86
• Enterprise Value/Gross Profit: 31.39
• Enterprise Value/Ebitda: 15.84
• 1Y Price Target: $154.28
• Price Target Upside: 21.44% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 20
• EPS Forecast (FY): 4.21
• Revenue Forecast (FY): $2.21B

• Rating: 66 Neutral
• Price Target: $139.00 ▲(9.41% Upside)

Mid-America Apartment's overall stock score reflects strong financial performance and a solid dividend yield, which are offset by bearish technical indicators and valuation concerns. The earnings call provided a mixed outlook, with positive operational metrics but caution due to market pressures and revised guidance.

Positive Factors

Strong Occupancy and Collections

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

Development and Acquisition Success

Successful development and acquisitions enhance MAA's portfolio, potentially increasing revenue and profitability through higher NOI yields.

Cash Flow Generation

Strong cash flow growth supports operational flexibility, enabling reinvestment in growth opportunities and maintaining financial health.

Negative Factors

New Lease Rate Challenges

Declining lease rates can pressure revenue growth and profitability, indicating potential challenges in maintaining competitive pricing.

Guidance Adjustments

Revised guidance suggests caution in revenue expectations, potentially impacting investor confidence and long-term financial projections.

Supply Pressure in Certain Markets

High supply levels in key markets may constrain pricing power and occupancy rates, affecting revenue and market 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 financial health with robust revenue growth and profitability. The company effectively manages its debt while maintaining solid cash flow generation. Despite some pressure on gross margins, the overall financial position is strong, with a balanced capital structure and efficient cash management.

Income Statement

Mid-America Apartment shows strong revenue growth with a TTM increase of 15.8%, indicating robust demand in the residential REIT sector. The company maintains healthy margins, with a TTM net profit margin of 25.98% and an EBIT margin of 34.81%. However, there is a slight decline in gross profit margin over time, suggesting rising costs or pricing pressures.

Balance Sheet

The company's debt-to-equity ratio is stable at 0.85, reflecting a balanced approach to leveraging. Return on equity is solid at 9.60%, indicating effective use of equity to generate profits. However, the equity ratio is moderate, suggesting a balanced but not overly conservative capital structure.

Cash Flow

Free cash flow growth is impressive at 62.8% TTM, showcasing strong cash generation capabilities. The operating cash flow to net income ratio is healthy at 1.09, indicating efficient cash conversion. The free cash flow to net income ratio is robust at 68.85%, reflecting strong cash profitability.

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	691.28M	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	571.64M	527.54M	552.81M	637.44M	533.79M	254.62M
Balance Sheet
Total Assets	11.84B	11.81B	11.48B	11.24B	11.29B	11.19B
Cash, Cash Equivalents and Short-Term Investments	54.48M	43.02M	41.31M	38.66M	54.30M	25.20M
Total Debt	5.05B	5.01B	4.57B	4.44B	4.52B	4.56B
Total Liabilities	5.75B	5.66B	5.19B	5.03B	5.10B	5.09B
Stockholders Equity	5.91B	5.96B	6.11B	6.03B	6.00B	5.89B
Cash Flow
Free Cash Flow	756.59M	775.92M	795.96M	762.30M	383.69M	598.44M
Operating Cash Flow	1.10B	1.10B	1.14B	1.06B	894.97M	823.95M
Investing Cash Flow	-733.99M	-825.50M	-775.26M	-405.24M	-253.59M	-484.73M
Financing Cash Flow	-373.12M	-271.12M	-367.90M	-722.77M	-546.40M	-374.14M

Mid-America Apartment Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 127.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MAA, the sentiment is Negative. The current price of 127.04 is below the 20-day moving average (MA) of 131.14, below the 50-day MA of 135.84, and below the 200-day MA of 147.31, indicating a bearish trend. The MACD of -2.26 indicates Positive momentum. The RSI at 33.26 is Neutral, neither overbought nor oversold. The STOCH value of 26.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MAA.

Mid-America Apartment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ESS	72 Outperform	$17.36B	19.80	15.30%	3.96%	6.92%	53.76%
SUI	69 Neutral	$15.46B	15.65	-5.55%	6.41%	-20.69%	330.60%
AMH	69 Neutral	$11.91B	27.21	6.36%	3.62%	7.63%	23.16%
INVH	67 Neutral	$17.40B	54.59	5.99%	4.17%	6.82%	27.91%
MAA	66 Neutral	$15.44B	27.23	9.41%	4.77%	0.91%	6.55%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CPT	63 Neutral	$14.35B	70.76	3.30%	4.21%	0.76%	-60.70%

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.