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⚠️ Not investment advice. Past performance does not guarantee future results.
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Mid-America Apartment Communities MAA

United States Real Estate
5.2/10
AI Analyst score
118.35 USD
Last price at analysis date · analyst target 141.44 (+19.5%)
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🟡 HOLD — Hold; rental demand is a tailwind, but high leverage and an unsustainable payout limit attractiveness until rates stabilize.

Mid-America Apartment Communities (MAA) is a real estate investment trust (REIT) that owns, manages, and develops multifamily apartment communities in the southeastern and southwestern United States, generating revenue primarily through property rentals. MAA is a residential REIT with acceptable financial health (score 7.03) but a 178% payout that compromises dividend sustainability (score 3.01); its valuation is reasonable (FCF yield of 6.54%) and earnings growth of 13.7% is solid, although rising 10-year yields pressure its financing and valuation.

Financial health
6.4
Quality / Moat
5.3
Valuation
5.1
Growth
5.6
Dividend
2.7
Momentum
4.3
Risk & Context
7.2

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E34.61
Fwd P/E36.09
EV/EBITDA15.79
P/B2.53
P/S6.36
PEG7.03
Market cap14.08 B USD
Enterprise value19.54 B USD
🏰 Quality and moat
ROIC (approx.)5.0%
Gross margin58.39%
FCF conversion74%
Operating margin25.36%
📈 Profitability and margins
ROE7.05%
ROA3.13%
Net margin18.17%
FCF921.2 M USD
FCF yield6.54%
🏦 Solvency and liquidity
Total debt5.72 B USD
Net debt5.66 B USD
Cash51.8 M USD
EBITDA1.24 B USD
Net debt / EBITDA4.57
D/E102.38
Current ratio0.05
Quick ratio0.03
🚀 Growth
Revenue growth1.00%
Earnings growth13.70%
EPS (TTM)3.42 USD
EPS (Fwd)3.28 USD
💰 Dividend and risk
Dividend yield5.17%
Payout178.1%
Beta0.71
Analyst consensusHold (25)
Target price141.44 USD
52-week range116.67 USD – 144.41 USD
⚠️ Main risk: High leverage (Net Debt/EBITDA of 4.57) combined with rising 10-year yields makes refinancing more expensive and pressures a dividend already covered at 178%.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Mid-America Apartment Communities (MAA) is a real estate investment trust (REIT) that owns, manages, and develops multifamily apartment communities in the southeastern and southwestern United States, generating revenue primarily through property rentals. MAA is a residential REIT with acceptable financial health (score 7.03) but a 178% payout that compromises dividend sustainability (score 3.01); its valuation is reasonable (FCF yield of 6.54%) and earnings growth of 13.7% is solid, although rising 10-year yields pressure its financing and valuation.

Score by category

CategoryScore
Financial health6.4
Quality / Moat5.3
Valuation5.1
Growth5.6
Dividend2.7
Momentum4.3
Risk & Context7.2

OVERALL SCORE: 5.2/10

Context and risks

Residential REIT with Net Debt/EBITDA of 4.57 and Debt/Equity of 102%, highly sensitive to the 10-year Treasury rally, which makes its financing more expensive and pressures the value of its future cash flows. The fall in gold and M&A activity in the mining sector do not affect it.

News considered in the analysis

  • 3 US Rental REITs As Mortgage Rates Push More Americans Toward Renting — El aumento de los tipos hipotecarios refuerza la demanda de alquiler, un viento de cola estructural para los REIT residenciales como MAA.
  • What Is Drawing Fresh Attention To Mid-America Apartment Communities (MAA)? — Artículo genérico de atención, sin información nueva material.
  • Mid-America Apartment Communities Stock: Is MAA Underperforming the Real Estate Sector? — Comparativa de rendimiento sin información nueva sobre fundamentales.
  • Mid-America Apartment Communities (MAA) Down 3.4% Since Last Earnings Report: Can It Rebound? — La caída post-resultados ya está descontada en el precio y en el momentum (percentil 6% del rango de 52 semanas).
  • Wall Street Moves on MAA, Rivian and Design Therapeutics: One Upgrade, One Target Trim and a Biotech on Watch — Un upgrade de analista es una señal moderadamente positiva, aunque el recorte de precio objetivo en el mismo titular lo compensa parcialmente.

Verdict: Hold; rental demand is a tailwind, but high leverage and an unsustainable payout limit attractiveness until rates stabilize.

Main risk: High leverage (Net Debt/EBITDA of 4.57) combined with rising 10-year yields makes refinancing more expensive and pressures a dividend already covered at 178%.

Other Real Estate companies

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.