Mid-America Apartment Communities (MAA)
Real Estate · Multifamily residential real estate (apartment communities REIT)
A multifamily-focused REIT operating 293 stabilized apartment communities across the Southeast, Southwest, and Mid-Atlantic regions with focus on revenue optimization and asset management.
What Mid-America Apartment Communities does
Mid-America Apartment Communities (MAA) is a self-administered and self-managed REIT that owns, operates, acquires, and selectively develops apartment communities across the Southeast, Southwest, and Mid-Atlantic regions of the United States. As of December 31, 2025, the company owned and operated 293 apartment communities (plus 8 under development) across 16 states and the District of Columbia, with 35 communities including retail components. The company reports through two segments: Same Store (stabilized, owned for at least 12 months) and Non-Same Store and Other (recently acquired, in development, in lease-up, or disposed communities).
Themes: ["Residential real estate"]
Fundamentals
- Price$136.00 as of 2026-07-09 close
- Market cap$16.0B as of 2026-07-10
- 1-year return-9.5% as of 2026-07-09 close
- P/E40.95 as of 2026-07-10
- Net margin+17.6% as of 2026-07-10
- Gross margin+58.5% as of 2026-07-10
- ROE+6.8% as of 2026-07-10
- Debt / equity1.02 as of 2026-07-10
- Revenue growth (YoY)+0.8% as of 2026-07-10
- Revenue CAGR (3y)+3.0% SEC XBRL
- Beta0.72 as of 2026-07-10
Dividend: yield +4.5%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Revenue growth decelerating (0.77% YoY as of July 2026) with average effective rent per unit declining 0.5% in 2025, reflecting market softness in the multifamily sector"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.