Stock · MAA · Real Estate

Mid-America Apartment Communities Inc

United States · Large Cap · listed since 1994 · Revenue 12 mo. $2.2B

Price as of 11/06/2026

StockScorer score
2.7
of 10 3 of 11 points Not rated To the score
Price
$118.93
1 Y −16.0%
Market cap
$14B
Phase
Payout
core business profitable, at least half of operating cash flow goes to shareholders
Revenue +3.0% a year (3 years)EBIT margin 28.0%Payout 69.4% of operating cash flow

Mid-America Apartment Communities, Inc. an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States.

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Mid-America Apartment Communities, Inc. an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of June 30, 2026, MAA had ownership interest in 104,698 apartment units, including communities in development, across 16 states and the District of Columbia. Mid-America Apartment Communities, Inc. was incorporated in 1977 in Tennessee and is based in Germantown, Tennessee.

Original text from the data provider

Summary

Mid-America Apartment Communities Inc is around the middle of the Real Estate sector overall

49.1 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 7.9% FCF growth a year, less than achieved over the last 5 and 10 years.

If free cash flow stays at €644.3M (2025), it supports €7.2B. The remaining €5.4B of the market value assume it grows 7.9% a year for 10 years and not at all afterwards.

Required FCF growth per year

7.9%

no growth afterwards

Market value breakdown€12.6B market value, price as of 11/06/2026

€7.2B without growth
€5.4B priced-in growth
  • 5 yrs achieved 8.9%
  • 10 yrs achieved 12.1%
  • priced in 7.9%

Valuation against its own history

Price to operating cash flow 13.7×, below its usual range.

Middle half of 20 quarters: 15.0× to 17.6×, median 16.0×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

  • Expectation below the company's own record priced in 7.9%, achieved at least 8.9%

What speaks against it

with respect to the priced-in expectation

  • EBIT margin falling for three quarters −1.5 pp over the last four reports
  • Dividend above free cash flow payout 100.4% of FCF

Since the last quarter

Q1 → Q2 2026

Mostly worse than the previous quarter: 2 of 3 changes for the worse.

  • FCF, 12 mo.$610.0M → $569.4M−6.7%worse
  • Gross margin39.6% → 47.3%+7.7 ppbetter
  • FCF margin27.6% → 25.7%−1.9 ppworse

5 more unchanged: Revenue, 12 mo., EBIT margin, Net debt, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability35.3below the middleEarns less than the sector: Return on capital (Greenblatt) 5.37%, sector 30.55%.
MetricStockSector medianPosition in sector
Return on equity7.86%7.47%Rank 52
Return on capital (Greenblatt)5.37%30.55%Rank 16
EBIT margin28.04%45.85%Rank 33
FCF margin32.50%37.62%Rank 44
Gross margin31.83%55.39%Rank 32
Growth48.8around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year0.83%6.62%Rank 16
Earnings growth, 3 years per year−11.55%3.56%Rank 31
Earnings growth, 5 years per year11.40%4.17%Rank 70
Sustainable growth (ROE × retained earnings)16.31%2.49%Rank 79
Valuation43.9around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield3.21%5.58%Rank 24
FCF yield5.12%4.79%Rank 55
EV/saleslower is better8.7412.03Rank 68
EV/EBITlower is better31.1823.23Rank 29
Momentum39.7below the middleShare price doing worse than the sector: Share price, 3 months −6.75%, sector 0.34%.
MetricStockSector medianPosition in sector
Share price, 1 year−15.99%−13.68%Rank 47
Share price, 6 months−7.54%−6.91%Rank 47
Share price, 3 months−6.75%0.34%Rank 10
Distance from 52-week high−16.36%−18.73%Rank 55
Quality62.2above the middleQuality above the sector: Price reaction to results, market-adjusted 1.34%, sector −0.47%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better0.50%3.12%Rank 71
Change in share countlower is better0.29%0.26%Rank 50
Dividend streak in years34Rank 55
Price reaction to results, market-adjusted1.34%−0.47%Rank 74
Balance sheet & risk64.7above the middleLess risk than the sector: Volatility, 1 year 19.17%, sector 25.05%.
MetricStockSector medianPosition in sector
Equity ratio47.46%46.36%Rank 53
Net debt/EBITDAlower is better4.026.62Rank 76
Debt to equitylower is better0.950.92Rank 51
Volatility, 1 yearlower is better19.17%25.05%Rank 80

Ten years in figures

Revenue from $1.1B (2016) to $2.2B (2025), 7.8% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $MSharesNet debt, $B
20161.124.2%301.078.8M4.5
20171.523.2%316.9114M4.5
20181.625.5%479.6118M4.5
20191.626.4%591.2118M4.4
20201.725.5%397.0115M4.5
20211.826.1%615.3115M4.5
20222.031.1%762.3116M4.4
20232.132.1%796.0117M4.5
20242.230.0%775.9117M5.0
20252.228.0%717.9117M5.3
2.7 / 10Not ratedStockScorer score3 of 11 points

2 of 7 StockScorer Score rules met · How the score is built

Mid-America Apartment Communities Inc mainly meets criteria in the Valuation category. Result from 18 strategies checked.

This stock · Profitability: 33%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Mid-America Apartment Communities Inc's score is built

This is how the StockScorer Score strategy, the flagship rule set, calculates the points for Mid-America Apartment Communities Inc. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

2 of 7 rules met

3 of 11 points

The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector mediannot met0 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksapplies

Detail data

How does Mid-America Apartment Communities Inc stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Balanced GARP
  • Trending Value: Value + Momentum
  • High-Growth / Rule of 40
  • PEG Strategy (inspired by Peter Lynch)
  • Altman Z-Score: Stress Test
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Levermann Strategy (13 Criteria)
  • Magic Formula: Value + Quality
  • Undervalued Stocks: Multi-Factor Check
  • Growth Momentum (CAN SLIM principle)

Mid-America Apartment Communities Inc key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Mid-America Apartment Communities Inc.

MetricStockSector
P/E ratio31.216.4
P/B ratio2.51.0
Return on equity (ROE)7.9%7.5%
Equity ratio47.5%46.4%
Debt-to-equity (D/E)0.950.92
Dividend yield5.1%4.2%

Similar stocks in Real Estate

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
MAAMid-America Apartment Communities Incthis page
UDRUDR IncLow3.6
AMHAmerican Homes 4 Rentlocked
SUISun Communities Inclocked
ELSEquity Lifestyle Properties Inclocked
INVHInvitation Homes Inclocked

Frequently asked questions about Mid-America Apartment Communities Inc stock

How does Mid-America Apartment Communities Inc stock (MAA) score in the StockScorer model?
Mid-America Apartment Communities Inc stock reaches a StockScorer score of 2.7 out of 10, but is not rated (exclusion rule: Exclusion: financial and real estate stocks).
What is Mid-America Apartment Communities Inc's P/E ratio?
Mid-America Apartment Communities Inc's P/E ratio is 31.2. The Real Estate sector median is 16.4.
What sector is Mid-America Apartment Communities Inc in?
Mid-America Apartment Communities Inc is assigned to the Real Estate sector. Its rank within the sector is 49.1 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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