MAA — tear sheet

The engine's risk judge rates MAA Underweight and describes reduced exposure with staged participation rather than exit, holding that the conservative case won on verifiable evidence. Per management's 8-K Item 2.02 press release (2026-07-29), Q2 2026 Core FFO fell to $2.08 from $2.15 and FFO to $2.10 from $2.19, a year-over-year compression with a sequential Core FFO fade the engine characterizes as deceleration into the second half. The QuantOrb snapshot (2026-09-17 US session) shows MFI 11.71 with a BUY signal at 0.7504 strength, expressly labeled 'a quantitative screen output, not a recommendation.' The quantorb 13F dataset (as of 2026-03-31) is a five-filer, non-exhaustive snapshot roughly 5.5 months stale, its largest percentage adds off small bases. The engine cites the 302-community, 103,083-unit platform (SEC 10-K, filed 2026-02-06) and management's 'steady demand' language as what prevents a lower rating. Sources: [FACTS]; [EIGHTK]; [FILING]; [THIRTEENF]

Source: SEC 13F-HR holdings (as of 2026-03-31) via quantorb filers data — quarter-end snapshots, statutory lag up to 45 days

Quarter-end 13F-HR snapshot for MAA as tracked in the quantorb filers dataset (5 institutional filer rows on file; positions as of 2026-03-31, a quarter-end snapshot subject to the statutory 13F reporting lag of up to 45 days). Quarter-over-quarter share changes where the dataset carries them:

This is the dataset's tracked top-holder snapshot, not an exhaustive list of 13F filers; it is a periodic regulatory disclosure, not real-time portfolio data.

Management's press release (8-K Item 2.02, 2026-07-29) reports Q2 2026 diluted EPS of $1.04 versus $0.92 a year earlier, six-month EPS of $2.10 versus $2.46, FFO of $2.10 versus $2.19, and Core FFO of $2.08 versus $2.15. President and CEO Brad Hill states results 'exceeded our expectations due to steady demand and continued disciplined expense management' — a beat measured against an internal bar whose guidance values are not available in provided documents, per the engine. The release references 2026 guidance, same-store portfolio comparisons, the development pipeline (eight communities under development per the 10-K), and debt and covenant tables, but those figures are not available in provided documents. Catalysts visible in the corpus: the Q3 2026 print, which the engine designates as its stated gate — Core FFO returning to year-over-year growth with steady-demand language intact, versus a miss or weakening language — plus the next 13F snapshot; the Q3 report date is not available in provided documents. Sources: [EIGHTK]; [FILING]; [THIRTEENF]

The engine's risk review flags declining cash metrics: per management's press release, FFO and Core FFO declined year over year in Q2 2026, six-month EPS fell to $2.10 from $2.46, and sequential Core FFO faded from roughly $2.13 to $2.08 — a deceleration-into-H2 profile per the engine's Conservative and Neutral analysts. The MFI 11.71 reading is read by the engine's analysts as evidence of heavy, persistent selling pressure, with the trend regime unverifiable because RSI, MACD, moving-average, price, and ATR data are not available in provided documents; oversold conditions can persist. Additional blind spots: FY2026 guidance, same-store and occupancy detail, and leverage and covenant figures are referenced in the press release but their values are not available in provided documents, and the rate environment — described by the engine as the dominant variable for a rate-sensitive REIT — is also unavailable. The 13F snapshot is stale roughly 5.5 months and non-exhaustive, with percentage adds concentrated off small bases. Sources: [FACTS]; [EIGHTK]; [THIRTEENF]