MAA

Mid-America Apartment Communities Inc

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140.610

-1.19(-0.839%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

142.485

Open

141.700

VWAP

140.82

Vol

807.96K

Mkt Cap

16.46B

Low

139.650

Amount

113.77M

EV/EBITDA(TTM)

34.23

Total Shares

116.83M

21.77B

EV/OCF(TTM)

19.82

P/S(TTM)

7.54

Mid-America Apartment Communities, Inc. is a multifamily-focused, self-administered and self-managed real estate investment trust. The Company owns, operates, acquires and selectively develops apartment communities primarily located in the Southeast, Southwest and Mid-Atlantic regions of the United States. Its segments include Same Store and Non-Same Store and Other. The Same Store segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year. The Non-Same Store and Other segment includes recently acquired communities, communities being developed or on lease-up, communities that have been disposed of or identified for disposition and others. The Non-Same Store and Other segment also includes non-multifamily activities and expenses related to severe weather events. It has ownership interest in apartment units, including communities in development, across 16 states and the District of Columbia.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

565.37M

+2.93%

559.36M

+1.73%

557.86M

+1.22%

Estimates Revision

The market is revising Downward the revenue expectations for Mid-America Apartment Communities, Inc. (MAA) for FY2025, with the revenue forecasts being adjusted by -0.15% over the past three months. During the same period, the stock price has changed by -14.69%.

Revenue Estimates for FY2025

Revise Downward

-0.15%

In Past 3 Month

Stock Price

Go Down

-14.69%

In Past 3 Month

18 Analyst Rating

19.27% Upside

Wall Street analysts forecast MAA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MAA is 167.71 USD with a low forecast of 142.00 USD and a high forecast of 185.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

8 Buy

9 Hold

1 Sell

Moderate Buy

19.27% Upside

Current: 140.610

Low

142.00

Averages

167.71

High

185.00

19.27% Upside

Current: 140.610

Low

142.00

Averages

167.71

High

185.00

Piper Sandler

Neutral

downgrade

$170 -> $153

2025-08-04

New

Reason

Piper Sandler

Price Target

$170 -> $153

2025-08-04

New

downgrade

Neutral

Reason

Piper Sandler lowered the firm's price target on MAA to $153 from $170 and keeps a Neutral rating on the shares. The firm adjusted real estate models with Q2 earnings underway. The earnings season thus far has shown retail and office stronger, while apartments have been weaker, the analyst tells investors in a research note.

RBC Capital

Brad Heffern

Sector Perform

downgrade

$158 -> $155

2025-08-01

Reason

RBC Capital

Brad Heffern

Price Target

$158 -> $155

2025-08-01

downgrade

Sector Perform

Reason

RBC Capital analyst Brad Heffern lowered the firm's price target on MAA to $155 from $158 and keeps a Sector Perform rating on the shares after its Q2 results. The company's guidance update saw a reduction in same-store revenue growth offset by lower expenses, the analyst tells investors in a research note. RBC adds that MAA management did not attribute the slower-than-expected Sunbelt recovery to anything other than broader economic uncertainty, and noted continued strong absorption and demand.

UBS

Michael Goldsmith

Sell

downgrade

$149 -> $142

2025-07-15

Reason

UBS

Michael Goldsmith

Price Target

$149 -> $142

2025-07-15

downgrade

Sell

Reason

UBS analyst Michael Goldsmith lowered the firm's price target on MAA to $142 from $149 and keeps a Sell rating on the shares.

Goldman Sachs

Buy

Neutral

downgrade

$192 -> $165

2025-07-11

Reason

Goldman Sachs

Price Target

$192 -> $165

2025-07-11

downgrade

Buy

Neutral

Reason

Goldman Sachs downgraded MAA to Neutral from Buy with a price target of $165, down from $192. The firm says the timing of the company's rent growth improvements is being pushed out to 2026. As a result, Goldman's expectations for new lease rent growth at the company declined meaningfully. The firm is below consensus expectations for 2025 and 2026.

Evercore ISI

In Line

maintain

$159 -> $163

2025-07-07

Reason

Evercore ISI

Price Target

$159 -> $163

2025-07-07

maintain

In Line

Reason

Evercore ISI raised the firm's price target on MAA to $163 from $159 and keeps an In Line rating on the shares. The firm adjusted its estimates and targets ahead of the Q2 reporting season for the Residential REIT group.

Raymond James

Outperform -> Market Perform

downgrade

2025-06-24

Reason

Raymond James

Price Target

2025-06-24

downgrade

Outperform -> Market Perform

Reason

Raymond James downgraded MAA to Market Perform from Outperform. Demand for Sun Belt apartments continues to be well ahead of expectations, as household formation driven by demographic and ongoing migration patterns continue, but MAA has nearly closed the valuation gap versus large-cap multifamily peers, leaving less room for further near-term multiple expansion, the analyst tells investors in a research note. The firm is incrementally more concerned about the near-term outlook in several Sun Belt markets, potentially sensitive to a shifting economy.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Mid-America Apartment Communities Inc (MAA.N) is 38.29, compared to its 5-year average forward P/E of 41.65. For a more detailed relative valuation and DCF analysis to assess Mid-America Apartment Communities Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

41.65

Current PE

38.29

Overvalued PE

52.81

Undervalued PE

30.49

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

19.67

Current EV/EBITDA

17.28

Overvalued EV/EBITDA

22.97

Undervalued EV/EBITDA

16.36

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

8.91

Current PS

7.34

Overvalued PS

10.63

Undervalued PS

7.18