MAA
Mid-America Apartment Communities, Inc. Real Estate - REIT - Residential Investor Relations →
Mid-America Apartment Communities, Inc. (MAA) closed at $132.13 as of 2026-02-02, trading 4.2% below its 200-week moving average of $137.91. This places MAA in the below line zone. The stock is currently moving closer to the line, down from -2.8% last week. The 14-week RSI sits at 60, indicating neutral momentum.
Over the past 1623 weeks of data, MAA has crossed below its 200-week moving average 18 times. On average, these episodes lasted 10 weeks. Historically, investors who bought MAA at the start of these episodes saw an average one-year return of +13.0%.
With a market cap of $15.9 billion, MAA is a large-cap stock. Return on equity stands at 7.6%. The stock trades at 2.7x book value.
Over the past 31.2 years, a hypothetical investment of $100 in MAA would have grown to $2941, compared to $2525 for the S&P 500. That represents an annualized return of 11.5% vs 10.9% for the index — confirming MAA as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 26.5% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: MAA vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MAA Crosses Below the Line?
Across 18 historical episodes, buying MAA when it crossed below its 200-week moving average produced an average return of +12.4% after 12 months (median +12.0%), compared to +15.4% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +36.9% vs +18.7% for the index.
Each line shows $100 invested at the moment MAA crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MAA has crossed below its 200-week MA 18 times with an average 1-year return of +13.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1995 | Dec 1995 | 6 | 2.6% | +17.8% | +2928.8% |
| Dec 1998 | Jan 1999 | 1 | 0.6% | +10.1% | +2308.8% |
| Feb 1999 | Mar 1999 | 3 | 0.8% | +10.8% | +2290.3% |
| Mar 1999 | Apr 1999 | 4 | 6.7% | +12.7% | +2303.8% |
| Jun 1999 | Jun 1999 | 1 | 0.0% | +15.8% | +2241.5% |
| Jul 1999 | Aug 1999 | 6 | 2.9% | +19.8% | +2302.2% |
| Sep 1999 | Oct 1999 | 2 | 2.8% | +23.3% | +2275.7% |
| Dec 2007 | Jan 2008 | 5 | 10.6% | -7.2% | +542.7% |
| Sep 2008 | Sep 2009 | 49 | 47.4% | +3.5% | +487.8% |
| Sep 2009 | Oct 2009 | 3 | 0.5% | +41.8% | +467.9% |
| Mar 2020 | Apr 2020 | 3 | 12.3% | +67.4% | +86.5% |
| Mar 2023 | Mar 2023 | 2 | 1.9% | -6.6% | +2.9% |
| May 2023 | May 2023 | 1 | 0.6% | -4.8% | +1.5% |
| Jun 2023 | Jun 2023 | 1 | 1.3% | +0.9% | +1.7% |
| Jul 2023 | Jul 2024 | 52 | 19.9% | +7.9% | +1.1% |
| Jan 2025 | Jan 2025 | 3 | 1.8% | -4.4% | -6.0% |
| Jun 2025 | Jun 2025 | 2 | 0.8% | N/A | -8.1% |
| Jul 2025 | Ongoing | 28+ | 10.2% | Ongoing | -3.5% |
| Average | 10 | — | +13.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02