MAA
Mid-America Apartment Communities, Inc.
MAA's fundamentals are weak: its operating margin fell 8 points to 18%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
OPEN
Opendoor Technologies Inc.
There isn't enough reported data to score OPEN yet.
MAA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
MAA's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like MAA.
OPEN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
OPEN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for real estate companies like OPEN.
MAA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 28x | $92.02 | -21% |
| Fair | 35x | $115 | -1.1% |
| Current | 35x | $117 | — |
| Forward | 38x | $117 | — |
| Expensive | 54x | $177 | +52% |
Historical ranges are pointers, not guarantees.
MAA's PE is 35x, but its earnings don't support one, so it isn't a reliable read right now.
OPEN PE Valuation
OPEN has no meaningful PE right now: it lost money over the past year.
MAA Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Decline | |
| Stable | |
| Weakening | |
| Limited | |
| High |
Analysts expect MAA's earnings and profitability to decline, with its revenue holding steady.
OPEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
OPEN has the edge over MAA on the outlook, with more favorable revenue and profitability expectations.
MAA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.07 | -7% |
| Q3 2026 | $3.30 | -30% |
| Q2 2026 | $3.42 | -30% |
| Q1 2026 | $3.30 | -31% |
| Q4 2025 | $3.78 | -16% |
| Q3 2025 | $4.73 | +6.8% |
| Q2 2025 | $4.87 | +11% |
| Q1 2025 | $4.81 | +0.8% |
| Q4 2024 | $4.49 | -4.7% |
MAA has the edge over OPEN on earnings quality, reporting a profit while its opponent remains loss making.
OPEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.00 | -$1.56 |
| Q2 2026 | -$1.89 | -$1.46 |
| Q1 2026 | -$1.76 | -$1.24 |
| Q4 2025 | -$1.70 | -$1.14 |
| Q3 2025 | -$0.44 | +$0.09 |
| Q2 2025 | -$0.43 | +$0.15 |
| Q1 2025 | -$0.52 | -$0.10 |
| Q4 2024 | -$0.56 | -$0.14 |
OPEN lost $2.00 per share over the past year, and its loss has widened in each of the last five quarters.
MAA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $560.1M | +1% |
| Q2 2026 | $555.1M | +1% |
| Q1 2026 | $553.7M | +0.8% |
| Q4 2025 | $555.6M | +1% |
| Q3 2025 | $554.4M | +0.6% |
| Q2 2025 | $549.9M | +0.6% |
| Q1 2025 | $549.3M | +1% |
| Q4 2024 | $549.8M | +1.4% |
MAA has the edge over OPEN on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 16% | -3 points |
| Q2 2026 | 23% | +2.3 points |
| Q1 2026 | 24% | -10 points |
| Q4 2025 | 10% | -21 points |
| Q3 2025 | 19% | -2.8 points |
| Q2 2025 | 20% | +0.9 points |
| Q1 2025 | 34% | +6.6 points |
| Q4 2024 | 31% | +0.8 points |
MAA has the edge over OPEN on profitability, with a higher operating margin.
OPEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +12% |
| Q2 2026 | $883M | -44% |
| Q1 2026 | $720M | -38% |
| Q4 2025 | $736M | -32% |
| Q3 2025 | $915M | -34% |
| Q2 2025 | $1.6B | +3.7% |
| Q1 2025 | $1.2B | -2.4% |
| Q4 2024 | $1.1B | +25% |
OPEN's revenue is recovering but still below its 2022 peak: $1B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -11 points |
| Q2 2026 | -16% | -16 points |
| Q1 2026 | -22% | -17 points |
| Q4 2025 | -20% | -12 points |
| Q3 2025 | -7.4% | -2.6 points |
| Q2 2025 | -0.8% | +3.9 points |
| Q1 2025 | -4.9% | +2.5 points |
| Q4 2024 | -8.7% | +4.6 points |
OPEN's operating margin was −18% last quarter, down 11 points from the same quarter a year ago.
MAA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $148.7M | -13% |
| Q2 2026 | $223.9M | -15% |
| Q1 2026 | $91.3M | -26% |
| Q4 2025 | $158.6M | +3.9% |
| Q3 2025 | $170.8M | -21% |
| Q2 2025 | $264.5M | +1.9% |
| Q1 2025 | $124M | -16% |
| Q4 2024 | $152.6M | -17% |
MAA has the edge over OPEN on cash generation, producing positive trailing cash flow while its opponent burns cash.
OPEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$836M | -294% |
| Q2 2026 | -$723M | -188% |
| Q1 2026 | -$250M | +$33M |
| Q4 2025 | $67M | +$150M |
| Q3 2025 | $432M | +671% |
| Q2 2025 | $821M | +$1.2B |
| Q1 2025 | -$283M | -$97M |
| Q4 2024 | -$83M | +$468M |
OPEN's free cash flow was −$1.7B over the past year, against $887M the year before. Free cash flow isn't a meaningful measure for real estate companies like OPEN.
MAA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -63.1K shares |
| 1 year | -1% | -1.2M shares |
| 3 years | -0.7% | -759K shares |
| 5 years | +0.6% | +723K shares |
| Available history | +1.6% | +1.8M shares |
MAA has the edge over OPEN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $50M |
| Q2 2026 | $50M |
| Q1 2026 | $72.8M |
OPEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.7% | -16.3M shares |
| 1 year | +30% | +220M shares |
| 3 years | +42% | +282M shares |
| 5 years | +61% | +361M shares |
| Available history | +1042% | +866M shares |
OPEN has 949M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
MAA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.5x | High |
| Q2 2026 | 5.3x | High |
| Q1 2026 | 5.4x | High |
| Q4 2025 | 4.9x | High |
| Q3 2025 | 4.4x | High |
| Q2 2025 | 4.2x | High |
| Q1 2025 | 4.2x | High |
| Q4 2024 | 4.4x | High |
MAA's net debt is about 5.5 years of its operating earnings (EBITDA), up from 4.3 years a year ago. Net leverage isn't a meaningful measure for real estate companies like MAA.
OPEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2022 | 337.2x | High |
OPEN's net debt is more than 20 years of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for real estate companies like OPEN.
MAA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.2 | Neutral |
| Stochastic | 15.7 | Oversold |
MAA's weekly RSI is 37 (neutral) and its Stochastic is 16 (oversold).
OPEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.6 | Oversold |
| Stochastic | 1.2 | Oversold |
OPEN's weekly RSI is 21 (oversold) and its Stochastic is 1 (oversold).
MAA PE vs Real Estate Sector
| Metric | MAA | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 24x | 48% above |
| PE % | 53 | 23 | 30 pts above |
MAA is trading at 35x earnings, a 48% premium to the Real Estate sector's median of 24x, though its earnings don't support one.
OPEN PE vs Real Estate Sector
OPEN has no meaningful PE right now: it lost money over the past year.
MAA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $117.5 | 0.8% below |
| 20 week MA | $125.9 | 7.4% below |
| 50 week MA | $129.4 | 9.9% below |
| 100 week MA | $139.4 | 16% below |
| 200 week MA | $141.6 | 18% below |
MAA is in a downtrend: it's below all five of its weekly moving averages, and 18% below its 200-week average.
OPEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.97 | 37% below |
| 20 week MA | $3.00 | 59% below |
| 50 week MA | $4.37 | 72% below |
| 100 week MA | $3.74 | 67% below |
| 200 week MA | $3.13 | 60% below |
OPEN is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
MAA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $130.0 | $124.6 | -4.2% |
| 2021 | $124.6 | $221.1 | +77% |
| 2022 | $221.1 | $156.4 | -29% |
| 2023 | $156.4 | $134.5 | -14% |
| 2024 | $134.5 | $153.8 | +14% |
| 2025 | $153.8 | $137.8 | -10% |
| 2026 YTD | $137.8 | $116.6 | -15% |
MAA has the edge over OPEN on returns for 2026, with the stronger performance.
OPEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $27.4 | +150% |
| 2021 | $27.4 | $14.9 | -46% |
| 2022 | $14.9 | $1.02 | -93% |
| 2023 | $1.02 | $4.48 | +339% |
| 2024 | $4.48 | $1.67 | -63% |
| 2025 | $1.67 | $6.01 | +260% |
| 2026 YTD | $6.01 | $1.24 | -79% |
OPEN's yearly returns have swung widely, from +339% in 2023 to −93% in 2022. It's down 79% so far in 2026.