Mid-America Apartment Communities is a real estate investment trust that owns and operates apartment complexes across the Sun Belt region of the United States. It earns income from monthly rents paid by residents, plus smaller fees for parking, pets and other services. The company also develops and acquires communities, and its results depend on occupancy, rent trends in its markets and the cost of property operations and financing.
Sales totalled $2.2 billion over the last twelve months, and the three-year record shows growth of 3.0% a year. The operating margin is 26.9%, and the return on invested capital is 10%. Shareholders receive a dividend, currently yielding 5.2%. The site's X-Ray Score for the company is 52 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $112.44 – $140.87Volume 943,100Daily, split-adjusted
Vitals
Market cap$13.6B
52-week range$112.44 – $140.87
Volume (last day)943,100
P/E (TTM)35.0
EBIT / EV yield4.4%
Free-cash-flow yield–
Dividend yield5.2%
Revenue (TTM)$2.2B
Net income (TTM)$390M
Operating margin26.9%
Return on capital9.8%
Debt incl. leasesData missing
Cash & securities$72M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
Not rated
REIT valuation (FFO multiples + DDM) not built yet: not rated
What this means
Read the lenses below
A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Real Estate peers. Open a lens to see the numbers behind it.
ValuationFair
69/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield4.4%
GrowthWeak
32/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)3.0%
EPS growth (3y)-11.6%
Growth consistency100%
ProfitabilityFair
67/100
Returns on capital are typical for its sector.
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Return on invested capital9.8%
Operating margin26.9%
Financial healthWeak
21/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score4 / 9
Interest cover3.1×
DividendsStrong
70/100
Dividend is high and well covered by cash flow.
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Dividend yield5.2%
Dividend growth9.5%
Quarterly results: last 6 quarters
+1.4%Dec '24
+1.0%Mar '25
+0.6%Jun '25
+0.6%Sep '25
+1.0%Dec '25
+0.8%Mar '26
Revenue against the same quarter a year earlier. Latest quarter revenue $554M, diluted EPS $1.06.
Other Multi-Family Residential REITs companies by X-Ray Score.
Fundamentals checklist
● 4 Good · ● 2 Average · ● 3 Bad
Cash quality
Earnings backed by cashGood
Risk models
Piotroski F-ScoreBad
Growth
EPS growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyGood
Balance sheet
Interest coverAverage
Valuation
EBIT / EV yieldGood
Profitability
Return on invested capitalGood
Operating marginAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 54/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$1.8B
$2.0B
$2.1B
$2.2B
$2.2B
Operating income
$720M
$802M
$720M
$713M
$644M
Net income
$534M
$637M
$553M
$528M
$447M
Operating cash flow
$895M
$1.1B
$1.1B
$1.1B
$1.1B
Operating margin
40.5%
39.7%
33.5%
32.6%
29.2%
Free cash flow
–
–
–
–
–
Diluted EPS
$4.61
$5.48
$4.71
$4.49
$3.78
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
5 bullish · 4 neutral · 7 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
SMA 10
115.0
Bullish
EMA 10
115.5
Bullish
SMA 20
115.6
Bullish
EMA 20
116.6
Bullish
SMA 50
122.6
Bearish
EMA 50
121.0
Bearish
SMA 100
127.5
Bearish
EMA 100
124.2
Bearish
SMA 200
126.7
Bearish
EMA 200
126.7
Bearish
Oscillators (daily)
RSI (14)
45.59
Neutral
MACD (12, 26)
-1.99
Bearish
Momentum (12)
0.39
Bullish
Stochastic %K (14)
76.33
Neutral
Williams %R (14)
-23.67
Neutral
CCI (20)
63.25
Neutral
Pivot points (classic, last session)
S3
114.4
S2
115.2
S1
115.9
Pivot
116.6
R1
117.4
R2
118.1
R3
118.9
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
6.12 USD
Yield on today's price
5.25%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
15 Oct 2026
1.5300
15 Jul 2026
1.5300
15 Apr 2026
1.5300
15 Jan 2026
1.5300
15 Oct 2025
1.5150
15 Jul 2025
1.5150
15 Apr 2025
1.5150
15 Jan 2025
1.5150
15 Oct 2024
1.4700
15 Jul 2024
1.4700
12 Apr 2024
1.4700
11 Jan 2024
1.4700
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.