MAA at a glance
Mid-America Apartment Communities (MAA, SEC CIK 912595) filed its latest 10-K annual report on February 6, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 9, 2026 and Form 4 insider filings as recently as September 23, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Mid-America Apartment Communities (MAA) reported revenue of $2.2 billion (up 0.8% from FY2024) and net income of $446.9 million. Diluted EPS was $3.78.
- As of June 30, 2026, 38 institutional investment managers tracked by SignalX reported holding Mid-America Apartment Communities (MAA) shares worth $8.8 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $2.2B
- +0.8% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 38 funds
- $8.8B · −3 vs prior quarter
- Latest 8-K
- Sep 9, 2026
- Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Multifamily real estate investment trust owning and operating apartment communities mainly in Southeast, Southwest, and Mid-Atlantic U.S. regions
- New developments: $272M development spend in 2025 on 8 projects totaling 2,522 units under construction, including a new Charleston pre-purchase joint venture
- Strategic focus: Heavy investment in technology for resident services and operational efficiency, plus ongoing smart home tech installation in 96,000 units
- Quantitative highlight: Renovated 5,995 units in 2025, achieving 7.0% higher rents; total workforce at 2,507 employees with 55% ethnic/cultural minorities
- Noteworthy: Paid $6.06 per share in dividends, exceeding 90% REIT distribution requirement, maintaining REIT tax qualification and investment-grade credit metrics
Risk Factors
- Regulatory risk: potential impact of Section 1031 like-kind exchange tax law changes limiting tax-deferred property sale strategies
- Geopolitical/macroeconomic risk: 41.2% portfolio concentration in top 5 U.S. markets vulnerable to regional economic downturns or disasters
- Operational risk: eight development communities under construction (2,522 units) face construction delays, permit hurdles, and cost overruns
- Competitive risk: elevated competition from other apartment communities, condos, and single-family homes impacting occupancy and rental rates
- Financial risk: dependence on external funding for distributions and developments; sustained operational decline may force distribution cuts
Management Discussion & Analysis
- Total property revenues $2.21B, up 0.8% YoY; Same Store revenues down 0.1% to $2.08B, Non-Same Store up 18.9% to $132M
- Property operating expenses $838M, increased 2.2% YoY; operating margin declined due to higher expenses and flat Same Store rent
- Best performing segment: Non-Same Store revenues up 18.9% (+$21M); worst: Same Store revenues down 0.1% (-$2.9M)
- Net cash from operating activities $1.1B, down $20.1M YoY; investing outflows $690M (capex, acquisitions); financing outflows $371M including $27.2M buybacks and $709M dividends
- Net debt $5.35B, up from $4.94B; debt-to-Adjusted EBITDAre 4.3x vs 4.0x; dividend guidance $6.12/share for FY 2026 (up from $6.06 in 2025)
AI summary of the MAA 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Risk Factors
- No Risk Factors section provided in the supplied filing text
- No newly added risk factor or stated change from the most recent 10-K
- New term loan agreement dated June 22, 2026, creating potential financing obligations
- Share repurchases totaled 382,668 shares at $130.66 per share during May 2026
AI summary of the MAA 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Investor presentation scheduled for release after market close on September 9, 2026
- Exhibit 99.1 likely contains the substantive investor update and may affect post-market trading
Item EX-99.1: Item EX-99.1
- 2026 Core FFO guidance midpoint $8.53 per share, supported by expense control and non-same-store NOI
- Same-store NOI guidance midpoint -0.90%, with effective rent growth midpoint 0.10% and occupancy midpoint 95.50%
Item 7.01: Regulation FD Disclosure
- Redemption of all outstanding 8.50% Series I preferred shares
- Removal of the Series I preferred dividend obligation
Item 7.01: Regulation FD Disclosure
- Investor presentation scheduled for release after market close on August 4, 2026
- Exhibit 99.1 contains the substantive disclosure for investor review
Item EX-99.1: Item EX-99.1
- 2026 Core FFO/share guidance midpoint $8.53, supported by expense control and improving lease pricing
- Development pipeline remains approximately $800M, with expected stabilized NOI yields of 6.0%–6.5%
AI summaries of MAA 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for MAA
Don't miss the next MAA filing
- Alerts as it files. A push when MAA files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut MAA, by share count.
- Ask anything. An AI agent that reads every MAA filing and answers with sources.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Case John | A | Sep 22, 2026 | 54 | $119.15 |
| KELLY GREEN EDITH | A | Sep 22, 2026 | 223 | $119.15 |
| Caplan Deborah H | A | Sep 22, 2026 | 121 | $119.15 |
| McGrath Sheila K. | A | May 19, 2026 | 1,401 | $128.47 |
| STOCKERT DAVID P | A | May 19, 2026 | 1,401 | $128.47 |
| FISCHER TAMARA D | A | May 19, 2026 | 1,401 | $128.47 |
| Case John | A | May 19, 2026 | 1,401 | $128.47 |
| Caplan Deborah H | A | May 19, 2026 | 1,401 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $2.1B | $2.2B | $2.2B | |
| Net Income | $552.8M | $527.5M | $446.9M | |
| Net Margin | 25.7% | 24.1% | 20.2% | |
| Balance Sheet | ||||
| Total Assets | $11.5B | $11.8B | $12.0B | |
| Equity | $6.1B | $5.9B | $5.7B | |
| ROE | 9.1% | 8.9% | 7.9% | |
| Per Share | ||||
| EPS | $4.71 | $4.49 | $3.78 | |
| Cash Flow | ||||
| Operating CF | $1.1B | $1.1B | $1.1B | |
Source: XBRL data in Mid-America Apartment Communities (MAA)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate MAA share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 38 | $8.82B |
| Q1 2026 | 41 | $7.41B |
| Q4 2025 | 37 | $8.36B |
| Q3 2025 | 40 | $8.09B |
| Q2 2025 | 38 | $8.35B |
| Q1 2025 | 35 | $7.55B |
| Q4 2024 | 29 | $5.90B |
| Q3 2024 | 24 | $2.52B |
- AQR Capital Management+2.99M (+384%)
- Millennium Management+387.4K (+162%)
- Goldman Sachs Group+290.5K (+20%)
- Viking Global Investors+244.9K (+5%)
- Prudential Financial+237.8K (+77%)
- JPMorgan Chase & Co−595.5K (-20%)
- Franklin Resources−230.6K (-63%)
- Citadel Advisors LLC−189.4K (-61%)
- State Street Corp−72.1K (-1%)
- Northern Trust−69.6K (-4%)
- Renaissance Technologies LLC−122.1K
- D.E. Shaw & Co−39.2K
- Two Sigma Investments−7.7K
- Bridgewater Associates LP−4.5K
Source: 13F-HR filings on SEC EDGAR (aggregated from 282 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
MAA filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 23, 2026 | - | - | - |
| 4 | Sep 23, 2026 | - | - | - |
| 4 | Sep 23, 2026 | - | - | - |
| 8-K | Sep 9, 2026 | - | Analysis | - |
| 8-K | Aug 28, 2026 | - | Analysis | - |
| 8-K | Aug 4, 2026 | - | Analysis | - |
| 8-K | Jul 30, 2026 | - | Analysis | - |
| 10-Q | Jul 30, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 8-K | Jun 25, 2026 | - | Analysis | - |
| 8-K | Jun 1, 2026 | - | Analysis | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 4 | May 20, 2026 | - | - | |
| 8-K | May 20, 2026 | - | Analysis | |
| 4 | May 8, 2026 | - | - | |
| 8-K | May 4, 2026 | - | Analysis | - |
| SC 13G | Apr 30, 2026 | - | - | |
| 10-Q | Apr 30, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Apr 29, 2026 | - | Analysis | - |
| SC 13G | Apr 29, 2026 | - | - |
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MAA SEC filings: frequently asked questions
Which institutions hold MAA stock?
As of June 30, 2026, the largest Mid-America Apartment Communities (MAA) holders among the 13F filers tracked by SignalX were BlackRock ($1.8 billion), Vanguard Portfolio Management LLC ($1.4 billion), State Street Corp ($1.1 billion), Vanguard Capital Management LLC ($1.1 billion), Viking Global Investors ($700.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was MAA's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Mid-America Apartment Communities (MAA) reported revenue of $2.2 billion (up 0.8% from FY2024) and net income of $446.9 million. Diluted EPS was $3.78. The figures come from the XBRL data in the 10-K.
What are the main risks in MAA's latest 10-K?
In the 10-K filed February 6, 2026, Mid-America Apartment Communities (MAA) flagged: Regulatory risk: potential impact of Section 1031 like-kind exchange tax law changes limiting tax-deferred property sale strategies. Geopolitical/macroeconomic risk: 41.2% portfolio concentration in top 5 U.S. markets vulnerable to regional economic downturns or disasters. (AI summary of the Risk Factors section.)
What did MAA report in its latest 8-K?
Mid-America Apartment Communities (MAA) filed an 8-K on September 9, 2026 reporting Item 7.01 (Regulation FD Disclosure). Investor presentation scheduled for release after market close on September 9, 2026.
What are the latest MAA SEC filings?
Mid-America Apartment Communities (MAA) filed its latest 10-K annual report on February 6, 2026, a 10-Q quarterly report on July 30, 2026, an 8-K current report on September 9, 2026 and a Form 4 insider filing on September 23, 2026.
What is MAA's SEC CIK number?
Mid-America Apartment Communities (MAA)'s SEC Central Index Key (CIK) is 912595. EDGAR lists every MAA filing under that number.
Ask anything about MAA
The research agent reads MAA's filings, financials, insider trades and 13F holders, then answers with sources.