Mid-America Apartment Communities/$MAA

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About Mid-America Apartment Communities

Mid-America Apartment Communities Inc or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in the southeastern and southwestern United States. The company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a casualty loss and stabilized communities that do not meet the requirements to be Same Store communities.

Ticker

$MAA

Primary listing

NYSE

Employees

2,532

MAA Metrics

BasicAdvanced
$15B
27.06
$4.71
0.78
$6.06
4.75%

What the Analysts think about MAA

Analyst ratings (Buy, Hold, Sell) for Mid-America Apartment Communities stock.

Bulls say / Bears say

MAA’s focus on the Sunbelt has paid off with four consecutive quarters where demand outpaced new supply, and construction starts are down 80% from the peak. This better positions its portfolio for rent growth, with supply expected to decline 40–50% in 2025 (Investing.com)
As of Q1 2025, MAA maintained strong liquidity with $1.0 billion in combined cash and revolver capacity and a net debt/adjusted EBITDAre ratio of about 4.0×, supporting disciplined investments in acquisitions and development (MAA Q1 2025 Results, PR Newswire)
In Q3 2025, MAA acquired a stabilized 318-unit community in Kansas City and land for a future 280-unit project in Phoenix, strengthening its pipeline in high-demand markets (StockTitan)
Q3 2025 same-store net operating income fell 1.8% as same-store revenues declined 0.3% and average effective rent per unit dipped 0.4%, showing ongoing pricing pressure on leasing volumes (Zacks)
New lease rents in Q3 2025 dropped 5.2% year-over-year, outpacing the 4.5% increase in renewal pricing, resulting in only a 0.3% blended rent increase and highlighting weakness in new lease demand (Zacks)
MAA missed Q3 2025 core FFO estimates by $0.01, reporting $2.16 versus the consensus $2.17, and rental revenues were also below expectations, pointing to near-term earnings headwinds (Zacks)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 2025.

MAA Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

MAA Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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