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Mid-America Apartment Communities, Inc. (MAA)

Real Estate Balanced

Mid-America Apartment Communities is a property company that owns and manages thousands of rental apartments across the southern United States.

$132.34

Is Mid-America Apartment Communities, Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Provides exposure to the US residential property market. Worth weighing: Recent earnings growth has been negative. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price-9.6%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-11% past year
$132.34
Low $120.30High $146.41
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Mid-America Apartment Communities, Inc.
$904-10%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Mid-America Apartment Communities, Inc. actually fallen?

−29%

Over the last 2 years of daily prices, Mid-America Apartment Communities, Inc. fell as much as −29% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$15.79B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
1.05M
Day range: The lowest and highest price the shares traded at during the latest day.
$131.50 – $133.81
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$120.30 – $146.41
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
38.8
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
4.6%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.73
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.73
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -0% past week · ▼ -11% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Successful expansion of the property portfolio and long-term rent growth.

The bear case

Persistent oversupply of apartments and rising debt costs.

What does Mid-America Apartment Communities, Inc. do?

Think of this company as a giant landlord that collects rent from residents living in its apartment complexes across the Sun Belt region of America. Keeping its units occupied and nudging rents up over time earns the company its income, along with managing the day-to-day upkeep of the buildings. Local job markets and housing supply in these specific US states will shape their ability to keep rents rising.

VQGMI
Factor profile

On our factor screen it looks strongest on income and quality, and weakest on value.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 26Quality: How profitable and financially healthy the company is (higher = stronger). 50Growth: How fast revenue and earnings are growing (higher = faster). 29Momentum: How the share price has been trending recently (higher = stronger recent run). 37Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 50
Quick checks
What's strong
  • Provides exposure to the US residential property market.
  • Offers a regular income stream through dividends.
  • Lower volatility compared to the broader market due to a low beta.
What to watch
  • Value screens low (26/100)
  • Growth screens low (29/100)
  • High interest rates can make borrowing money for new properties more expensive.
  • An oversupply of new apartments in their regions could force them to lower rents.
  • Economic slowdowns in the southern US could lead to higher vacancy rates.

What do Mid-America Apartment Communities, Inc.'s numbers mean?

P/E
40.9
This shows how much investors are currently paying for every pound of the company's annual profit, with a higher number often suggesting people expect future growth.
Higher than most of the 44 Real Estate shares we cover
Dividend yield
4.5%
This is the annual cash payout to shareholders as a percentage of the share price, which is a common feature for property-focused companies.
Around the middle of the 48 Real Estate shares we cover
Beta
0.7
This measures how much the share price tends to wobble compared to the wider stock market; a number below 1 suggests it is generally less jumpy than the average share.
Net margin
17.6%
This represents the slice of every pound of rent that actually stays in the company's pocket after all the bills, taxes, and maintenance costs are paid.
Around the middle of the 48 Real Estate shares we cover

How much money does Mid-America Apartment Communities, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$138.89M$277.78M$416.67M$555.56MQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
58.4%
Net margin
18.2%
Return on equity
7.0%

Does Mid-America Apartment Communities, Inc. pay a dividend?

Yes - Mid-America Apartment Communities, Inc. currently pays a dividend of about 4.6% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

What do the numbers say about Mid-America Apartment Communities, Inc.'s dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield4.6%The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio178%The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover0.6×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

When does Mid-America Apartment Communities, Inc. report earnings, and how did recent quarters go?

Mid-America Apartment Communities, Inc. is next scheduled to report on about 2026-10-28 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

Mid-America Apartment Communities, Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-29$0.78$1.04Beat +34%
2026-04-29$0.84$1.06Beat +26%
2026-02-04$0.90$0.92Beat +3%
2025-10-29$0.85$0.85In line
2025-07-30$0.85$0.88Beat +4%
2025-04-30$0.87$1.54Beat +78%

Across the last 6 quarters here, Mid-America Apartment Communities, Inc. came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

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What are the scenarios for Mid-America Apartment Communities, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$148$132$117today · $132▲ Bull · $142• Base · $132▼ Bear · $122in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%Strong demand for rental housing in the Sun Belt region.
Base
-2% to +2%Stable occupancy rates with modest rent increases.
Bear
-5% to -10%A sudden rise in new apartment construction leading to lower rent prices.

What are the pros and cons of Mid-America Apartment Communities, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Provides exposure to the US residential property market.
  • Offers a regular income stream through dividends.
  • Lower volatility compared to the broader market due to a low beta.
The catch3
  • Recent earnings growth has been negative.
  • High valuation relative to current earnings.
  • Revenue growth: How fast the company's sales grew versus a year ago. is currently quite slow.
Key risks3
  • High interest rates can make borrowing money for new properties more expensive.
  • An oversupply of new apartments in their regions could force them to lower rents.
  • Economic slowdowns in the southern US could lead to higher vacancy rates.
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.