Mid-America Apartment (MAA) AI Stock Analysis

• Market Cap: $16.85B
• Dividend Yield: 4.28%
• Average Volume (3M): 786.69K
• Price to Earnings (P/E): 28.9
• Beta (1Y): 0.58
• Revenue Growth: 1.19%
• EPS Growth: 10.52%
• Country: US
• Employees: 2,532
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Residential
• EPS (TTM): 0.96
• Shares Outstanding: 117,071,140
• 10 Day Avg. Volume: 767,661
• 30 Day Avg. Volume: 786,693
• 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: 1.34
• Enterprise Value/Revenue: 10.24
• Enterprise Value/Gross Profit: 32.58
• Enterprise Value/Ebitda: 16.44
• 1Y Price Target: $158.89
• Price Target Upside: 14.52% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 19

• Rating: 75 Outperform
• Price Target: $159.00 ▲(14.60% Upside)

Mid-America Apartment's strong financial performance and positive earnings call sentiment are key strengths, supported by robust revenue growth and effective cash management. However, technical indicators suggest a bearish trend, and valuation metrics indicate potential overvaluation. Supply pressures in key markets also pose challenges.

Positive Factors

Revenue Growth

The robust revenue growth indicates strong demand in the residential REIT sector, supporting the company's market position and potential for future expansion.

Cash Flow Generation

Strong cash flow generation enhances financial flexibility, allowing for reinvestment in growth opportunities and providing a buffer against economic uncertainties.

Occupancy Rates

High occupancy rates and strong rent collections reflect effective property management and tenant satisfaction, contributing to stable revenue streams.

Negative Factors

Supply Pressure in Key Markets

Increased supply in key markets can lead to pricing pressure and impact revenue growth, posing a challenge to maintaining profitability in these areas.

Slower New Lease Pricing Recovery

Delayed recovery in lease pricing can affect revenue growth and profitability, especially if economic conditions remain uncertain.

Delayed Lease-Up Stabilization

Delays in lease-up stabilization can defer expected cash flows and impact short-term financial performance, requiring strategic adjustments.

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: 138.74
• 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 138.74 is below the 20-day moving average (MA) of 142.27, below the 50-day MA of 143.59, and below the 200-day MA of 151.22, indicating a bearish trend. The MACD of -1.00 indicates Positive momentum. The RSI at 39.52 is Neutral, neither overbought nor oversold. The STOCH value of 25.97 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
SUI	75 Outperform	16.02B	12.51	17.52%	6.15%	-14.17%	1097.53%
MAA	75 Outperform	$16.85B	28.93	9.58%	4.28%	1.19%	10.52%
AMH	74 Outperform	12.15B	29.48	5.95%	3.56%	7.19%	15.70%
ESS	69 Neutral	17.64B	21.27	14.20%	3.81%	7.56%	54.15%
INVH	69 Neutral	17.91B	65.11	5.64%	4.01%	4.41%	-0.16%
CPT	67 Neutral	15.17B	74.81	3.40%	3.92%	0.76%	-60.70%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Mid-America Apartment Corporate Events

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.