Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Mid-America Apartment Communities, Inc.

MAANYSE
Wall Street Score · overall investment28/100
$118.75USD$-0.83 (-0.69%)
Company website www.maac.com
Headquarters6815 Poplar Avenue, Germantown, TN, 38138-3606, US
Financial statement currencyUSD · no FX conversion applied
Real Estate · REIT - Residential
Price updated todayFinancials updated Oct 5, 2026

MAA · Price history

Price at last available close

$118.75

+$0.41 (+0.35%) 1M

2026-10-27

Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.

Company & revenue

About Mid-America Apartment Communities, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Mid-America Apartment Communities, known as MAA, is a prominent S&P 500 entity operating as a Real Estate Investment Trust (REIT). Its core objective is to generate outstanding, comprehensive investment returns for its shareholders. MAA achieves this by strategically acquiring, developing, redeveloping, owning, and managing high-quality apartment complexes.

How they make money

MAA operates as a self-administered and self-managed real estate investment trust (REIT) that generates revenue primarily through the leasing of apartment units. The company focuses on the ownership, management, acquisition, development, and redevelopment of multifamily apartment communities across the Southeast, Southwest, and Mid-Atlantic regions of the United States.

Products & services

Multifamily residential apartment communities, including property management, leasing services, and selective retail components within certain apartment communities.

Brands & revenue mix

MAA

The primary brand under which the company operates its apartment communities.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

Same StoreUSD 2.08B94.0%

Period ended 2025-12-31Source

Non Same Store And OtherUSD 131.96M6.0%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Individual residential apartment rentersSource

Customer concentration

The company does not rely on any single tenant for a significant portion of its revenue, as its business model is based on a large, diversified base of individual residential apartment renters.

Suppliers, materials & equipment

  • Property management and maintenance service providers — Third-party vendors providing routine maintenance, landscaping, and property-level operational services.Source
  • Construction and development contractors — General contractors and subcontractors engaged for the development and redevelopment of apartment communities.Source

Strengths

  • Geographically diversified portfolio across high-growth Sunbelt marketsSource
  • Strong balance sheet and investment-grade credit ratingsSource

Risks

  • Economic downturns affecting rental demand and occupancy ratesSource
  • Risks associated with property development and construction delaysSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

28

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

42

Weak

Financial Strength

55

Business Quality / Moat

27

Management

39

Growth Quality

28

Risk / Durability

71

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

30

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

36/100

Building Historical Record

Model Score 36/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Recent buyback activity is present
What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for MAA

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can MAA maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is MAA's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is MAA's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What future growth or profitability would be needed to justify MAA's current valuation?
Business analysis: 15 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

28

0–100 · Poor

Opportunity Score

30

0–100 · Poor

Market Cap

$13.78B

P/E Ratio

33.9

EPS

$3.42

52-Week High

$144.41

52-Week Low

$114.39

Beta

0.71

Intrinsic Value

$49.80

Analyst Target

$140.00

Shares Outstanding

117.1M

Total Revenue

$2.22B

Total Debt

$5.69B

Dividend Yield (TTM)

5.15%

View dividend history

Liquidation Value / Share

$47.83

Estimated net asset value per share

Dividend / Share (TTM)

$6.12

Trailing 12 months by ex-date; not a forecast

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
51/ 100
+9 pts / 5d

Neutral / mixed momentum

5D +1.2% · 20D +0.3% · RSI 67 · Price vs 20D avg +1.4%
Volatility
18/ 100
+7 pts / 5d

Low movement

20D realized vol 18.8% · 60D 16.7% · Acceleration 1.13x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for MAA

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on MAA.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Geographically diversified portfolio across high-growth Sunbelt markets.
  • +Strong balance sheet and investment-grade credit ratings.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the REIT - Residential industry.
  • −Economic downturns affecting rental demand and occupancy rates.
  • −Risks associated with property development and construction delays.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak28/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

28

Tap for breakdown →

Fair

50

Debt Cost3.4%
Debt Reduction YoY-8.0%
Debt / Equity0.95x

Tap for breakdown →

Poor

14

Revenue YoY0.4%
Revenue CAGR1.4%
Net Margin18.2%

Tap for breakdown →

Poor

33

Asset Growth YoY1.4%
Liquidation/Share$47.83
Net Assets/MCap0.47x

Tap for breakdown →

Poor

13

Earnings Yield3.0%
Buyback Yield0.1%
Debt Cost3.4%

Tap for breakdown →

Poor

39

ROIC5.5%
ROE7.4%
ROA3.4%

Tap for breakdown →

Poor

27

EPS Growth-1.4%
FCF/Share Growth0.7%
Rev/Share Growth3.3%

Tap for breakdown →

Poor

10

Intrinsic Value$49.80
Value Reference$29.88
MOS-139.8%

Tap for breakdown →

Poor

31

Revenue14
Moat27
Valuation10

Tap for breakdown →

Poor

0

MOS %-139.8%
Value Reference$29.88
Deep Discount Reference$19.92

Tap for breakdown →

Weak

46

Interest Coverage3.3x
ROIC5.5%
FCF Yield5.3%

Tap for breakdown →

Weak

40

Financial46
Valuation10
Debt50

Tap for breakdown →

Fair

65

Survival Years5.6 yrs
Current Ratio0.16x
FCF Margin32.5%

Tap for breakdown →

Was this stock page easy to understand?

One click helps us improve the research experience. This is not tied to an investment decision.

Score Changes

4 historical score records available

Previous Score

28

Oct 1, 2026

Change

Unchanged

Current Score

28

Oct 5, 2026

Category Changes

Revenue+0.1
Debt0
Assets+0.3
Capital0
Management0
Moat0
Valuation0
Buffett+0.1

MAA score was unchanged.

Projected Score

Projected Score

29

Projected Change

+0.2 points

Preliminary comparable-period financial changes suggest improvement of approximately 0.2 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$118.75

Model Intrinsic Value

$49.80

Difference

+$68.95

+138.5% vs IV

Margin of Safety

-138.5%

UndervaluedFair ValueOvervalued
Value Reference: $29.88
Deep Discount Reference: $19.92

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$600M$1.2B$1.8B$2.4B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$300M$600M$900M$1.2B

Total Debt

201520172019202120232025$0$1.5B$3.0B$4.5B$6.0B

Total Assets

201520172019202120232025$0$3.0B$6.0B$9.0B$12.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$2.22B$2.21B$2.19B$2.15B····························
Cost of Revenue$1.17B$1.51B$1.48B$1.40B····························
Gross Profit$1.05B$703.1M$713.3M$747.5M····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$98.7M$54.8M$56.5M$58.6M····························
Operating Expenses$451.9M$83.6M$56.5M$58.6M····························
EBITDA$1.26B$1.32B$1.30B$1.29B····························
Operating Income$596.5M$619.4M$656.8M$688.9M····························
Interest Expense$199.5M$185.3M$168.5M$149.2M····························
Income Before Tax$419.1M$460.2M$544.9M$570.8M····························
Income Tax Expense$8.9M$4.6M$5.2M$4.7M····························
Net Income$403.2M$446.9M$527.5M$552.8M····························
Basic EPS$3.42$3.79$4.49$4.71····························
Basic Shares116M117M117M117M····························
Diluted Shares116M117M117M117M····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$555.1M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$1.04

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+11.7%

Cash Change

-4.9%

Margin Change

+2.3 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded

What Weakened

  • Cash position declined
  • Debt increased

Potential Score Impact

Positive indicators included revenue growth, EPS growth, net income margin. Pressure indicators included cash levels, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 1.0%. EPS increased 13.0%. Cash declined 4.9%. Total debt increased 11.7%. Net income margin improved by 2.3 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

45

Smart Money

45

Number of Gurus

3

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Log in to view dividend history.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

Start 7-Day Free Trial

Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

4 historical records
Jul 21, 26Jul 24, 26Oct 1, 26Oct 5, 260255075100

Historical Score Chart

3 of 4 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 1 more record and the complete score history.Start Free Trial

Wall Street Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 5, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26Oct 5, 26$48.00$50.00$52.00$54.00$56.00

Value Reference

Jul 24, 26Oct 1, 26Oct 5, 26$29.75$30.60$31.45$32.30$33.15

Margin of Safety %

Jul 24, 26Oct 1, 26Oct 5, 26-3.0%-2.0%-1.0%0.0%1.0%

Related Companies

REIT - Residential

MRP

Millrose Properties, Inc.

46Weak
$23.97View

ELS

Equity LifeStyle Properties, Inc.

32Poor
$61.97View

AMH

American Homes 4 Rent

31Poor
$31.89View

UDR

UDR, Inc.

31Poor
$35.61View

VMRK

Vivmark Residential

30Poor
$62.41View

EQR

Equity Residential

30Poor
$63.66View

News

Rumor Mill · MAA

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

Continue researching this company with related Wall Street Score rankings and investing guides.

Highest Wall Street Score stocksBest growth stocksTop REITsHow Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

Score Alerts

Premium unlocks alerts when a score rises, falls, or reaches your target price.

Start 7-Day Free Trial

Portfolio Score

Premium unlocks portfolio scoring, strongest and weakest holdings, and overall margin of safety.

Start 7-Day Free Trial