Zacks Research Has Negative Estimate for MAA Q1 Earnings

Mid-America Apartment Communities, Inc. (NYSE:MAA) – Analysts at Zacks Research cut their Q1 2026 earnings estimates for shares of Mid-America Apartment Communities in a research report issued on Wednesday, February 25th. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings per share of $2.12 for the quarter, down from their prior estimate of $2.16. The consensus estimate for Mid-America Apartment Communities’ current full-year earnings is $8.84 per share. Zacks Research also issued estimates for Mid-America Apartment Communities’ Q2 2026 earnings at $2.10 EPS, Q3 2026 earnings at $2.14 EPS, Q4 2026 earnings at $2.21 EPS, FY2026 earnings at $8.58 EPS, Q1 2027 earnings at $2.21 EPS, Q2 2027 earnings at $2.11 EPS, Q3 2027 earnings at $2.18 EPS and FY2027 earnings at $8.82 EPS.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.During the same quarter last year, the firm earned $2.23 EPS. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS.

A number of other equities analysts have also recently commented on MAA. Citigroup reduced their target price on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Morgan Stanley reduced their price objective on Mid-America Apartment Communities from $169.00 to $164.00 and set an “overweight” rating for the company in a research note on Thursday, November 13th. KeyCorp decreased their price objective on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Monday, December 29th. Finally, Royal Bank Of Canada reduced their target price on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research report on Friday, February 6th. Nine research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Mid-America Apartment Communities has an average rating of “Hold” and a consensus price target of $153.55.

Mid-America Apartment Communities Stock Up 1.3%

MAA opened at $135.76 on Friday. The company has a market cap of $15.87 billion, a PE ratio of 35.92, a price-to-earnings-growth ratio of 2.22 and a beta of 0.79. Mid-America Apartment Communities has a twelve month low of $125.75 and a twelve month high of $173.38. The company has a 50-day moving average price of $135.48 and a 200 day moving average price of $135.98. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were paid a $1.53 dividend. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.5%. Mid-America Apartment Communities’s dividend payout ratio is 161.90%.

Insiders Place Their Bets

In other news, EVP Adrian Hill acquired 758 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average price of $131.83 per share, with a total value of $99,927.14. Following the completion of the acquisition, the executive vice president owned 48,766 shares of the company’s stock, valued at $6,428,821.78. This trade represents a 1.58% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total transaction of $31,804.50. Following the sale, the executive vice president owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. The trade was a 5.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 6,079 shares of company stock valued at $838,698 in the last three months. 1.20% of the stock is currently owned by insiders.

Institutional Trading of Mid-America Apartment Communities

Several hedge funds have recently made changes to their positions in MAA. Vanguard Group Inc. increased its holdings in shares of Mid-America Apartment Communities by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 18,540,029 shares of the real estate investment trust’s stock worth $2,744,110,000 after buying an additional 101,397 shares during the last quarter. State Street Corp grew its position in Mid-America Apartment Communities by 1.6% in the third quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock worth $1,134,520,000 after acquiring an additional 125,130 shares during the period. Norges Bank acquired a new stake in Mid-America Apartment Communities during the fourth quarter worth $750,603,000. Viking Global Investors LP raised its position in Mid-America Apartment Communities by 46.7% in the fourth quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock valued at $538,977,000 after purchasing an additional 1,234,966 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Mid-America Apartment Communities by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock valued at $473,977,000 after purchasing an additional 40,028 shares during the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Key Headlines Impacting Mid-America Apartment Communities

Here are the key news stories impacting Mid-America Apartment Communities this week:

• Positive Sentiment: Seeking Alpha publishes a bullish take arguing MAA offers income plus upside — cites stabilizing fundamentals (improving occupancy, strong collections, >5% lease‑over‑lease growth), a 4.6% dividend yield and attractive valuation vs. peers; this piece could support investor appetite for the REIT. Mid‑America Apartment Gives You Income And Upside Potential
• Neutral Sentiment: MAA announced pricing of senior unsecured notes via its operating partnership — the offering increases liquidity/capital access but raises leverage; market reaction will depend on use of proceeds (refinancing vs. growth). MAA Announces Pricing of Senior Unsecured Notes Offering
• Neutral Sentiment: Yahoo Finance notes shifting analyst views as equity research is rebalanced — useful context for why estimates and sentiment are moving, but not a direct earnings event. How The Mid‑America Apartment Communities (MAA) Story Is Shifting As Analyst Views Rebalance
• Negative Sentiment: Zacks Research issued a series of downward revisions across multiple quarters and fiscal years (small cuts to Q1–Q4 2026, Q1–Q3 2027 and FY2026/FY2027 EPS), trimming FY2026 to ~$8.58 from $8.71 and FY2027 to ~$8.82 from $8.84 — these repeated estimate downgrades signal weaker near‑term earnings expectations and are the primary negative driver for the stock today.

About Mid-America Apartment Communities

Mid-America Apartment Communities, Inc (NYSE: MAA) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform.

MAA’s portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets.