---
title: "Is Mid-America Apartment Communities (MAA) Attractive After A Year Of Share Price Weakness?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286723076.md"
description: "Mid-America Apartment Communities (MAA) shares have declined 18.5% over the past year, closing at $125.71. A Discounted Cash Flow analysis suggests the stock is undervalued by 34.3%, with an intrinsic value of $191.23 per share. However, its P/E ratio of 37.93x is above industry averages, indicating it may be slightly overvalued. Investors are encouraged to consider broader market trends and individual narratives when assessing MAA's value."
datetime: "2026-05-18T06:19:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286723076.md)
  - [en](https://longbridge.com/en/news/286723076.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286723076.md)
---

# Is Mid-America Apartment Communities (MAA) Attractive After A Year Of Share Price Weakness?

-   Wondering if Mid-America Apartment Communities is offering fair value at current levels, or if the recent share price is sending a different signal about what investors are willing to pay?
-   The stock last closed at US$125.71, with returns down 3.1% over the past week, down 1.7% over the past month, down 9.6% year to date, and down 18.5% over the past year, which may be changing how investors think about its risk and reward trade off.
-   Recent coverage around residential real estate and listed apartment owners has focused on how higher financing costs, shifting rental trends, and transaction activity are affecting investor sentiment. For Mid-America Apartment Communities, this kind of broader sector news provides useful context for the recent share price moves and sets the stage for a closer look at value.
-   According to Simply Wall St's valuation checks, Mid-America Apartment Communities currently scores 2 out of 6. The rest of this article will walk through the main valuation approaches investors often use, then finish with a more holistic way to think about what the stock might be worth.

Mid-America Apartment Communities scores just 2/6 on our valuation checks. See what other red flags we found in the full valuation breakdown.

### Approach 1: Mid-America Apartment Communities Discounted Cash Flow (DCF) Analysis

A Discounted Cash Flow, or DCF, model estimates what a stock could be worth by projecting its future adjusted funds from operations and then discounting those cash flows back to today in $ terms.

For Mid-America Apartment Communities, the model used is a 2 stage Free Cash Flow to Equity approach based on adjusted funds from operations. The latest twelve month free cash flow is reported at about $913.0 million. Analyst and extrapolated projections suggest free cash flow of $889.0 million in 2026 and $992.4 million by 2030. Simply Wall St then extends estimates beyond the typical 5 year analyst window using its own assumptions.

Bringing all of those projected cash flows back to today, the DCF outputs an estimated intrinsic value of about $191.23 per share. Compared to the recent share price of $125.71, this indicates the stock is trading at a discount of about 34.3% on this model.

**Result: UNDERVALUED**

Our Discounted Cash Flow (DCF) analysis suggests Mid-America Apartment Communities is undervalued by 34.3%. Track this in your watchlist or portfolio, or discover 51 more high quality undervalued stocks.

MAA Discounted Cash Flow as at May 2026

Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Mid-America Apartment Communities.

### Approach 2: Mid-America Apartment Communities Price vs Earnings

For profitable companies, the P/E ratio is a useful way to think about value because it links what you pay for the stock to the earnings it is currently generating. The higher the growth expectations and the lower the perceived risk, the more investors are usually willing to pay in terms of a higher P/E multiple. If growth is modest or risks feel higher, a lower P/E often looks more reasonable.

Mid-America Apartment Communities currently trades on a P/E of 37.93x. That sits above the Residential REITs industry average of 24.35x and also above the peer group average of 26.74x. Simply Wall St’s “Fair Ratio” for the stock is 37.55x, which is its view of what a normal P/E might look like given factors such as earnings growth, profit margins, industry, market cap and specific risks.

The Fair Ratio aims to be more tailored than a simple peer or industry comparison because it incorporates company specific growth, risk and profitability alongside sector and size effects. Comparing the current P/E of 37.93x with the Fair Ratio of 37.55x suggests the stock is slightly more expensive than this model implies, which points to it being a little overvalued on this measure.

**Result: OVERVALUED**

NYSE:MAA P/E Ratio as at May 2026

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### Upgrade Your Decision Making: Choose your Mid-America Apartment Communities Narrative

Earlier it was mentioned that there is an even better way to understand valuation, so think of a Narrative as your own clear story about Mid-America Apartment Communities that connects what you believe about its future revenue, earnings and margins to a forecast, then to a fair value. All of this sits within an easy tool on Simply Wall St’s Community page that helps you compare that fair value with the current share price, updates automatically when new news or earnings are added, and lets different investors express very different views. For example, one Narrative may lean on the higher analyst fair value of about US$162.0 because it focuses on persistent Sun Belt demand and lower new supply. Another may lean on the lower fair value of about US$121.0 because it is more concerned about new apartment supply, weaker national job growth and regional risks.

Do you think there's more to the story for Mid-America Apartment Communities? Head over to our Community to see what others are saying!

NYSE:MAA 1-Year Stock Price Chart

_This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._

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