NYSE: MAA · Residential REITs
Mid-America Apartment Communities (MAA) fair value and price range
As of 29 Sep 2026, Faircurve's model values Mid-America Apartment Communities (MAA) at $121.16 a share. The stock last closed at $115.22, which puts the model's fair value 5.2% above the price. No verdict is shown for MAA on this run. The fair value and its range are shown for reference.
Revalued . Price is the close of 2 Oct 2026. Mid-America Apartment Communities, Inc.
Faircurve Insights · 29 Sep 2026
Mid-America Apartment Communities, known as MAA, is a prominent S&P 500 entity operating as a Real Estate Investment Trust (REIT). Its core objective is to generate outstanding, comprehensive investment returns for its shareholders.
Faircurve's model found a fair value of $121.16 a share on 29 Sep 2026. This fair value moved -0.1% since the previous run, which gave $121.25 on 26 Sep 2026. The calibrated range over 63 trading days is $101.65 to $147.73, and ranges built this way held the price 60% of the time at this horizon. The model's evidence grade is High.
The business scores on quality against comparable companies, which include Invitation Homes Inc. (INVH) and Equity LifeStyle Properties, Inc. (ELS). The stock's moves around its last 8 earnings reports ranged from -6.5% to +2.9%, with a median size of 1.6%.
Written from the figures on this page for the 29 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give MAA?
The calibrated range for MAA over 63 trading days is $101.65 to $147.73. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The model's own range is $110.92 to $134.55.
How does MAA compare with similar companies?
The companies in residential reits closest to Mid-America Apartment Communities in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| INVH Invitation Homes Inc. | $26.04 | $30.03 | +15.3% | No verdict on this run |
| ELS Equity LifeStyle Properties, Inc. | $58.25 | $42.53 | -27.0% | Low evidence grade |
| AMH American Homes 4 Rent | $30.26 | $33.19 | +9.7% | No verdict on this run |
| UDR UDR, Inc. | $33.27 | $40.85 | +22.8% | No verdict on this run |
| ESS Essex Property Trust, Inc. | $268.65 | $193.69 | -27.9% | No verdict on this run |
| CPT Camden Property Trust | $95.96 | $95.65 | -0.3% | No verdict on this run |
| VMRK Vivmark Residential | $59.79 | $55.01 | -8.0% | Low evidence grade |
| MRP Millrose Properties, Inc. | $24.61 | $34.72 | +41.1% | Low evidence grade |
When does MAA report earnings, and how has the stock reacted?
Mid-America Apartment Communities's next earnings report is scheduled for 28 Oct 2026. Companies can move their dates.
Options prices on 1 Oct 2026 imply a move of about 7.8% in either direction through the nearest expiry, about 49 days out, a window that includes the report. That is the size the market is pricing, not a direction.
How MAA moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 1.6%.
| Report date | Two session move |
|---|---|
| 29 Jul 2026 | -1.7% |
| 29 Apr 2026 | -0.9% |
| 4 Feb 2026 | -1.1% |
| 29 Oct 2025 | -1.5% |
| 30 Jul 2025 | -6.5% |
| 30 Apr 2025 | +2.9% |
| 5 Feb 2025 | +2.7% |
| 30 Oct 2024 | +0.2% |
Mid-America Apartment Communities at a glance
Mid-America Apartment Communities, known as MAA, is a prominent S&P 500 entity operating as a Real Estate Investment Trust (REIT). Its core objective is to generate outstanding, comprehensive investment returns for its shareholders.
- Market value
- $13.8B
- Sector
- Real Estate
- Industry
- Residential REITs
- Beta to the US market
- 0.12
- First valued by Faircurve
- 4 Jul 2026
How the fair value is worked out: the model values Mid-America Apartment Communities three ways and blends them; the range around the fair value comes from 2,000 simulations of the dividend model. The full method is documented here.
What changed in the latest valuation?
On 26 Sep 2026 the model's fair value for MAA was $121.25. As of 29 Sep 2026 it is $121.16, a change of -0.1%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Mid-America Apartment Communities's valuation
Is Mid-America Apartment Communities stock undervalued or overvalued?
Faircurve's model puts MAA's fair value at $121.16 a share against a last close of $115.22, as of 29 Sep 2026. No verdict is shown for MAA on this run. The fair value and its range are shown for reference.
What is MAA's fair value?
$121.16 a share as of 29 Sep 2026. The fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The model's own range is $110.92 to $134.55.
What price range does the model give MAA?
$101.65 to $147.73 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does Mid-America Apartment Communities report earnings next?
The next report is scheduled for 28 Oct 2026. Companies can move their dates.
How much has MAA moved on past earnings reports?
Across its last 8 reports the median two session move was 1.6%, ignoring direction. The largest was -6.5% around the report of 30 Jul 2025.
How confident is the model in this valuation?
The model's evidence grade for MAA is high. For real estate investment trusts (REITs) the grade looks at the dividend record: at least three years of paid dividends with no cut. It is not a probability that the fair value is right, or that the price reaches it.