olivLaw · US equity research
Mid-America Apartment Communities, Inc. MAA
Real Estate Investment Trusts · SIC 6798 · Vertical: Real Estate Investment Trusts (SIC 6798)
Mid-America Apartment Communities is a multifamily REIT whose portfolio is concentrated in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Demand remains solid while new-lease pricing is still under pressure, and in fiscal 2025 the company reported property revenues of across owned communities.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 30 Oct 2026, Mid-America Apartment Communities, Inc. (MAA) stock was 117.21 USD (−0.89% on the day), with market capitalisation 13.6 bn USD, P/E 35.4 on diluted EPS of 3.31 USD over the last 12 months, dividend yield 5.18%, beta 0.34, 52-week range 114.21–142.19 USD. Latest reported quarter (Q1 2026): revenue of 553.7 m USD (+0.8% YoY), net income of 124.4 m USD (−31.5% YoY), diluted EPS 1.06 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 45.0
- weak (30–45)
- Bollinger (20, 2)
- 114.09 – 120.37
- in the lower half of the band · %B 0.50 · band width 5.4%
- SMA 50 / 200
- 121.38 / 129.10
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.66 / -1.07
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −0.5% | −0.9% | +0.5 pp | — |
| 3 months | −11.4% | +1.2% | −12.6 pp | — |
| 6 months | −8.8% | +4.8% | −13.7 pp | — |
| Year to date | −15.6% | +10.7% | −26.4 pp | — |
| 1 year | −9.0% | +11.1% | −20.1 pp | +3.1% |
| 3 years | −0.8% | +80.7% | −81.5 pp | +22.0% |
| 5 years | −42.6% | +64.6% | −107.2 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q1 2026 · 31 Mar 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 546.4 m | 551.1 m | 549.8 m | 549.3 m | 549.9 m | 554.4 m | 555.6 m | 553.7 m |
| Depreciation & amortisation | 145.0 m | 146.7 m | 151.1 m | 152.5 m | 153.5 m | 156.7 m | 159.9 m | 162.0 m |
| Interest expense | 41.3 m | 42.7 m | 44.2 m | 45.2 m | 45.1 m | 46.3 m | 48.7 m | 51.4 m |
| Pre-tax income | 105.2 m | 118.4 m | 172.3 m | 187.0 m | 110.9 m | 103.4 m | 57.7 m | 131.9 m |
| Income tax | 1.0 m | 670.0 k | 1.8 m | 1.0 m | 600.0 k | 1.8 m | 1.2 m | 5.5 m |
| Net income | 102.0 m | 115.2 m | 166.6 m | 181.7 m | 108.1 m | 99.5 m | 57.6 m | 124.4 m |
| Diluted EPS | 0.86 | 0.98 | 1.43 ≈ | 1.54 | 0.92 | 0.84 | 0.49 ≈ | 1.06 |
| Operating cash flow | 349.4 m ≈ | 309.5 m ≈ | 239.1 m | 196.6 m | 353.4 m ≈ | 266.4 m ≈ | 261.7 m | 149.6 m |
| Dividends paid | 171.7 m ≈ | 171.8 m ≈ | 171.8 m | 177.1 m | 177.2 m ≈ | 177.4 m ≈ | 177.4 m | 178.9 m |
| Share repurchases | — | — | — | 0 | — | — | — | 72.8 m |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 45 percentile of its own 29-quarter history (min 25.7, median 36.4, max 62.8; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.6 bn | 1.6 bn | 1.7 bn | 1.8 bn | 2.0 bn | 2.1 bn | 2.2 bn | 2.2 bn |
| Revenue YoY | +2.8% | +4.4% | +2.3% | +6.0% | +13.6% | +6.4% | +2.0% | +0.8% |
| Net income | 222.9 m | 353.8 m | 255.0 m | 533.8 m | 637.4 m | 552.8 m | 527.5 m | 446.9 m |
| Net income YoY | −32.1% | +58.7% | −27.9% | +109.4% | +19.4% | −13.3% | −4.6% | −15.3% |
| Diluted EPS | 1.93 | 3.07 | 2.19 | 4.61 | 5.48 | 4.71 | 4.49 | 3.78 |
| Diluted EPS YoY | −32.5% | +59.1% | −28.7% | +110.5% | +18.9% | −14.1% | −4.7% | −15.8% |
| net % | 14.2% | 21.6% | 15.2% | 30.0% | 31.6% | 25.7% | 24.1% | 20.2% |
| Free cash flow | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable | unavailable |
Reported results vs expectations
Loading…
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 60.3 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 5.8 bn USD
- Total assets
- 12.0 bn USD
- Debt / equity
- unavailable
- Current ratio
- unavailable
- ROE
- 7.5%
- ROA
- 3.8%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 1.7 bn | 1.8 bn | 2.0 bn | 2.1 bn | 2.2 bn | 2.2 bn | SEC (XBRL)· 06 Feb 2026verified |
| Depreciation & amortisation | 511.7 m | 534.4 m | 544.0 m | 565.9 m | 586.4 m | 623.0 m | SEC (XBRL)· 06 Feb 2026verified |
| Interest expense | 167.6 m | 156.9 m | 154.7 m | 149.2 m | 168.5 m | 185.3 m | SEC (XBRL)· 06 Feb 2026verified |
| Pre-tax income | 265.8 m | 563.1 m | 647.0 m | 570.8 m | 544.9 m | 459.1 m | SEC (XBRL)· 06 Feb 2026verified |
| Income tax | 3.3 m | 13.6 m | -6.2 m | 4.7 m | 5.2 m | 4.6 m | SEC (XBRL)· 06 Feb 2026verified |
| Net income | 255.0 m | 533.8 m | 637.4 m | 552.8 m | 527.5 m | 446.9 m | SEC (XBRL)· 06 Feb 2026verified |
| Diluted EPS | 2.19 | 4.61 | 5.48 | 4.71 | 4.49 | 3.78 | SEC (XBRL)· 06 Feb 2026verified |
| Weighted average diluted shares | 114.5 m | 115.0 m | 115.6 m | 116.6 m | 116.8 m | 117.1 m | SEC (XBRL)· 06 Feb 2026verified |
| Dividend per share | 4.03 | 4.16 | 4.99 | 5.67 | 5.93 | 6.08 | SEC (XBRL)· 06 Feb 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 25.2 m | 54.3 m | 38.7 m | 41.3 m | 43.0 m | 60.3 m | SEC (XBRL)· 06 Feb 2026verified |
| Total assets | 11.2 bn | 11.3 bn | 11.2 bn | 11.5 bn | 11.8 bn | 12.0 bn | SEC (XBRL)· 06 Feb 2026verified |
| Total liabilities | 5.1 bn | 5.1 bn | 5.0 bn | 5.2 bn | 5.7 bn | 6.1 bn | SEC (XBRL)· 06 Feb 2026verified |
| Equity | 6.1 bn | 6.2 bn | 6.2 bn | 6.3 bn | 6.1 bn | 5.8 bn | SEC (XBRL)· 06 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 823.9 m | 895.0 m | 1.1 bn | 1.1 bn | 1.1 bn | 1.1 bn | SEC (XBRL)· 06 Feb 2026verified |
| Investing cash flow | -484.7 m | -253.6 m | -405.2 m | -775.3 m | -825.5 m | -690.2 m | SEC (XBRL)· 06 Feb 2026verified |
| Financing cash flow | -374.1 m | -546.4 m | -722.8 m | -367.9 m | -271.1 m | -370.7 m | SEC (XBRL)· 06 Feb 2026verified |
| Dividends paid | 457.4 m | 470.4 m | 539.6 m | 651.7 m | 686.9 m | 709.0 m | SEC (XBRL)· 06 Feb 2026verified |
| Share repurchases | — | — | — | 0 | 0 | 27.2 m | SEC (XBRL)· 06 Feb 2026verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Market and valuation
9 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 42 / 100
A scoring methodology on indicators and valuation, not investment advice.
(margin_of_safety <= -0.25 & agreement in ['high', 'medium'])
Closing price
30 Oct 2026Source: olivLaw, closing series
Market cap: 13.6 bn USD
Key indicators
Coverage and freshness
Score by group
- Growth30
- Quality55
- Returns52
- Valuation37
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 36.83 – 126.20 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- Net asset value (NAV)unavailable · input data missing
- Dividend discount (DDM)79.83 – 107.36 (Mid 91.57)
- Peers: P/B36.83 – 126.20 (Mid 91.12)31 companies used · median multiple 1.9x · quartiles 0.8x – 2.7xABR, ACR, ACRE, BFS, DLR, DRH, ESS, EXR, GLPI, HHH, HST, IHT, ILPT, IOR, KIM, KRC, LXP, MKZR, NHP, O, PLD, PSA, REFI, SQFT, SUI, TPTS, UDR, VICI, VMRK, VTR, WELL
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Unattractive profile · Score 42/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROE · Quality | 6.8% | 55 (vs peers) | 10% |
| EBITDA margin · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 3.0% | 30 (on a fixed band) | 14% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | unavailable | unavailable | — |
| P/B · Valuation | 2.5x | 38 (vs peers) | 31% |
| P/E (TTM) · Valuation | 35.4x | 33 (vs peers) | 14% |
| Dividend yield · Returns | 5.2% | 67 (vs peers) | 24% |
| Payout ratio (EPS) · Returns | 183.4% | 0 (on a fixed band) | 7% |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partialunavailable · 0/2 factors with a value
- Growth30/100 · 1/1 factors with a value
- Quality· partial55/100 · 1/2 factors with a value
- Returns52/100 · 2/2 factors with a value
- Valuation37/100 · 2/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
MID-AMERICA APARTMENT COMMUNITIES, INC. (MAA). Latest full fiscal year: 2025; data up to 2026-03-31.
Figures computed from the financial statements: revenue 2.2 bn USD in 2025; YoY growth 0.8%; net margin 17.6%; ROE 6.8%.
The estimated value range is 58.33–116.78 USD per share (median of 2 methods, agreement: high); assumptions are illustrative. Against the central value of 91.34 USD, the price of 117.21 USD leaves a potential of -22.1% (value / price − 1) and a margin of safety of -28.3% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 42/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance, quality. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- Payout ratio (EPS): 183.4%
- The price is above the estimated value range
Not assessed (insufficient data or a ratio without meaning): EBITDA margin, Net debt / EBITDA, Interest coverage.
Versus the vertical median
Real Estate Investment Trusts (SIC 6798) · same industry (4-digit SIC) · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| WELLWelltower Inc. | 172.1 bn | 100.4 | 4.0% | 12.7% | +35.6% | +30% / +181% |
| PLDPrologis, Inc. | 119.3 bn | 32.2 | 7.1% | 42.5% | +7.2% | +3% / +27% |
| EQIXEquinix Inc | 100.3 bn | 60.9 | 11.5% | 16.4% | +5.4% | +20% / +39% |
| AMTAmerican Tower Corporation | 87.1 bn | 26.4 | 90.6% | 30.7% | +5.1% | +5% / +5% |
| DLRDigital Realty Trust, Inc. | 63.5 bn | 47.2 | 6.2% | 21.7% | +10.0% | +6% / +45% |
| PSAPublic Storage | 60.7 bn | 33.0 | 16.0% | 37.8% | +2.7% | +17% / +36% |
| ORealty Income Corporation | 53.9 bn | 41.5 | 3.3% | 21.5% | +9.1% | −2% / +20% |
| VTRVentas, Inc. | 44.8 bn | 159.5 | 1.9% | 4.0% | +18.5% | +15% / +100% |
| CCICrown Castle Inc. | 37.7 bn | 45.1 | — | 20.7% | −4.4% | −2% / −5% |
| IRMIron Mountain Inc | 34.7 bn | 82.5 | — | 5.7% | +12.2% | +13% / +97% |
| EXRExtra Space Storage Inc. | 31.6 bn | 30.8 | 7.9% | 29.9% | +3.7% | +13% / +46% |
| VICIVICI Properties Inc. | 26.9 bn | 11.2 | 8.3% | 56.5% | +4.1% | −18% / −12% |
| VMRKVivmark Residential | 23.2 bn | 27.1 | 8.1% | — | +4.8% | +4% / +12% |
| SBACSba Communications Corporation | 19.9 bn | 20.2 | — | 34.5% | +5.1% | −2% / −10% |
| HSTHost Hotels & Resorts, Inc. | 17.3 bn | 16.9 | 15.8% | 16.5% | +7.6% | +58% / +63% |
| ESSEssex Property Trust, Inc. | 17.0 bn | 40.6 | 8.0% | 22.7% | +6.4% | +5% / +23% |
| KIMKimco Realty Corporation | 16.4 bn | 27.1 | 5.8% | 27.8% | +5.1% | +19% / +37% |
| MAAMid-America Apartment Communities, Inc. | 13.6 bn | 35.4 | 6.8% | 17.6% | +0.8% | −9% / −1% |
| SUISun Communities, Inc | 13.5 bn | — | -12.8% | -32.4% | +2.0% | −11% / +2% |
| UDRUDR, Inc. | 11.5 bn | 24.1 | 14.8% | 28.6% | +2.4% | +5% / +12% |
| GLPIGaming and Leisure Properties, Inc. | 11.3 bn | 11.9 | 19.6% | 55.2% | +4.1% | −13% / −14% |
| HHHHoward Hughes Holdings Inc. | 4.6 bn | 15.4 | 7.7% | 12.3% | −15.8% | −4% / +21% |
| SKTTanger Inc | 4.2 bn | — | — | — | unavailable | +13% / +63% |
| KRCKilroy Realty Corp | 4.2 bn | 19.4 | 4.6% | 22.0% | −2.0% | −15% / +26% |
| LXPLxp Industrial Trust | 3.6 bn | 31.1 | 5.9% | 34.3% | −2.3% | +29% / +56% |
1- and 3-year price returns: for MAA from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 69.00 Total return -39% · Per year -39% | 122.07 Total return 7% · Per year 7% | 183.99 Total return 61% · Per year 61% |
| 3 years | 65.00 Total return -38% · Per year -15% | 129.58 Total return 20% · Per year 6% | 214.73 Total return 95% · Per year 25% |
| 5 years | 61.23 Total return -37% · Per year -9% | 137.55 Total return 33% · Per year 6% | 250.60 Total return 135% · Per year 19% |
- Exit P/E± 32.40
- Net margin± 22.68
- Annual revenue growth± 18.88
- Annual dilution± 1.91
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 30 Jul 2026; since then the company filed 10-Q (29 Oct 2026), 8-K (28 Oct 2026 · results).
In brief
Mid-America Apartment Communities is a multifamily REIT whose portfolio is concentrated in the Southeast, Southwest and Mid-Atlantic regions of the U.S. Demand remains solid while new-lease pricing is still under pressure, and in fiscal 2025 the company reported property revenues of 1 across 2 owned communities.
SWOT
Strengths
- A portfolio diversified across markets, submarkets and product types, which reduces the volatility of operating results.
- Access to capital markets with high credit ratings and a leverage level kept within a defined target range.
- A centralized operating platform with technology for leasing and property management.
Weaknesses
- Investments are concentrated almost entirely in a single sector, multifamily housing.
- High exposure to a handful of markets in the Southeast and Southwest, where local economic conditions have a large effect.
- Rising operating costs cannot always be passed through to residents.
Opportunities
- A gradual recovery in rents could support revenue growth over the medium term.
- Recent developments and acquisitions can add income as occupancy stabilizes.
- Lower new supply in some markets could support rents in the coming period.
Threats
- A downturn in the economy or in job growth could reduce demand and residents' ability to pay.
- High interest rates can raise the cost of refinancing and of new investment.
- Extreme weather can damage coastal properties and raise repair and insurance costs.
Risks
- Adverse economic conditionshigh
Occupancy, rents and property values could fall if the economy weakens, while many major expenses do not decline with rents 1.
- Geographic concentrationhigh
A significant part of the portfolio sits in a few markets, so local difficulties can affect overall results 1.
- Environmental and climate risksmedium
Remediation of hazardous substances and the effects of climate change can affect properties and insurance coverage 1.
- Access to financingmedium
If financing becomes more expensive or harder to obtain, refinancing and development plans could be affected 2.
- Litigation and regulationlow
Lawsuits and changes in housing laws, including rent control, can create unexpected costs 1.
Investment thesis
What would need to be true (bull case)
- If demand stays solid and new supply declines, rents could gradually recover and support income from the stabilized portfolio.
- Development projects and recent acquisitions could add income as occupancy stabilizes, especially in markets with strong demand.
- Low turnover and disciplined expense management could help keep operating margins even in a harder economic cycle.
What would break the thesis
- If the economy in the core markets cools, apartment demand could fall and new-lease rents could stay under pressure.
- Borrowing costs remain elevated, which could reduce the cash available for dividends and investment.
- Concentration in one sector and a few markets exposes results to local shocks, and diversification may prove insufficient.
What to watch
- Trend in new-lease and renewal pricing in the Same Store segmentQ3 2026
- Pace of completion and lease-up of development projects2026
- Updated 2026 Core FFO and Same Store guidanceQ3 2026
- Cost of debt and maturities, including the DDTL Facilitynext 10-Q
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 30 Jul 2026; since then the company filed 10-Q (29 Oct 2026), 8-K (28 Oct 2026 · results).
The business
MAA, an S&P 500 company, owns, operates, acquires and selectively develops apartment communities and is self-managed. Its business runs through the Operating Partnership, in which MAA held a 97.5% interest as of December 31, 2025 1. The strategy aims at stable and increasing cash flow, diversification across markets and product types, and an actively managed balance sheet 1.
As of June 30, 2026, MAA had six development communities under construction and five lease-up communities; in the second quarter of 2026 it completed MAA Plaza Midwood and began construction of a project in the Kansas City market 3.
Segments
Same Store
The Same Store segment covers communities owned and stabilized for at least 12 months. Its revenues in fiscal 2025 were slightly lower than the prior year, with average effective rent per unit down and occupancy broadly stable 1.
Non-Same Store and Other
This segment includes recent acquisitions, developments in progress or lease-up, and properties sold or held for sale. Its revenues rose 18.9% in fiscal 2025 and were the main driver of total property revenue growth 1.
Market context
Apartment demand in MAA's markets stayed solid in 2025, with improving occupancy and record low resident turnover 1. New supply remains elevated by historical standards but the company expects fewer deliveries in 2026 1. Borrowing costs stay high; the average effective interest rate was 3.9% as of June 30, 2026 3.
A weaker economy could reduce demand and slow rent growth on new and renewal leases, particularly if supply in the core markets stays high 1.
Trends
- New-lease pressuremixed
In the second quarter of 2026 effective new-lease rates fell year over year while renewal rates rose, suggesting that the pricing recovery is still uneven 3.
- Low resident turnovertailwind
Same Store resident turnover stayed at historically low levels as of June 30, 2026, which supports occupancy and lowers leasing costs 3.
- Cost of financingheadwind
Borrowing costs remain above those of the existing fixed-rate debt, and variable-rate exposure could raise financing expenses if rates do not fall 1.
- Declining new supplytailwind
The company expects new apartment deliveries to decline in 2026, which could support rents in local markets if demand holds 1.
Competitive position
MAA competes with other apartment communities, condominiums and single-family homes for rent or sale, and new supply in the same areas can reduce its ability to hold rents 1. Competition also comes from other businesses pursuing the same acquisitions and development sites 1.
Competitors with different loan covenants or funding requirements may set occupancy or rent targets that do not reflect market conditions, which could force MAA to react in ways that affect performance 1.
- Other residential REITs
Companies in the same category compete for residents and for property acquisitions in MAA's markets, as described in the risk factors 1.
- Apartment developers
Local and regional developers can deliver new supply in the same areas and influence rents, a competitive risk noted in the filing 1.
- Single-family rental homes
Homes for rent or sale are a direct alternative for residents, particularly if mortgages become easier to obtain 1.
- Real estate investors
Other investors can raise acquisition prices for attractive properties, which limits external growth opportunities 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Mid-America Apartment Communities Stock: Is MAA Underperforming the Real Estate Sector?Yahoo Finance — News · 22 Sept 2026 · EN
The latest news item in our archive is from 22 Sept 2026; the newest SEC filing is from 29 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Quarterly report29 Oct 2026
- Current report28 Oct 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report09 Sept 2026Regulation FD disclosure · Financial statements and exhibits
- Current report28 Aug 2026Regulation FD disclosure · Financial statements and exhibits
- Current report04 Aug 2026Regulation FD disclosure · Financial statements and exhibits
- Quarterly report30 Jul 2026
- Current report30 Jul 2026Regulation FD disclosure
- Current report29 Jul 2026Results of operations · Financial statements and exhibits
- Current report25 Jun 2026Material agreement · Financial statements and exhibits
- Current report01 Jun 2026Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Mid-America Apartment Communities, Inc. · 06 Feb 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Mid-America Apartment Communities, Inc. · 30 Jul 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Mid-America Apartment Communities, Inc. · 29 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.