Mid-America Apartment Communities (NYSE:MAA) Issues Q3 2026 Earnings Guidance

Mid-America Apartment Communities (NYSE:MAA) issued an update on its third quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.040-2.160 for the period, compared to the consensus EPS estimate of 2.100. The company issued revenue guidance of -. Mid-America Apartment Communities also updated its FY 2026 guidance to 8.410-8.650 EPS.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Scotiabank increased their price target on shares of Mid-America Apartment Communities from $129.00 to $137.00 and gave the stock a “sector underperform” rating in a research report on Thursday, July 9th. Jefferies Financial Group upgraded Mid-America Apartment Communities to a “hold” rating in a research report on Wednesday, July 22nd. Citigroup reaffirmed a “market outperform” rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 10th. UBS Group reduced their price target on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Finally, Piper Sandler raised their price objective on shares of Mid-America Apartment Communities from $140.00 to $143.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $145.25.

Mid-America Apartment Communities Price Performance

MAA stock traded down $4.57 during midday trading on Thursday, reaching $132.81. The company had a trading volume of 1,391,620 shares, compared to its average volume of 996,716. The stock has a 50 day moving average price of $135.16 and a 200-day moving average price of $131.79. The company has a market capitalization of $15.46 billion, a price-to-earnings ratio of 40.06 and a beta of 0.74. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. Mid-America Apartment Communities has a 1-year low of $120.30 and a 1-year high of $149.18.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same period last year, the firm posted $2.20 earnings per share. The business’s revenue for the quarter was up .8% on a year-over-year basis. Equities research analysts expect that Mid-America Apartment Communities will post 8.51 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a dividend of $1.53 per share. This represents a $6.12 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is currently 185.45%.

Insider Activity at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer purchased 1,100 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average cost of $128.55 per share, with a total value of $141,405.00. Following the acquisition, the director owned 1,100 shares of the company’s stock, valued at $141,405. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.60% of the stock is owned by insiders.

Mid-America Apartment Communities News Roundup

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

• Positive Sentiment: Management pointed to improving lease trends and maintained a steady development pipeline, suggesting apartment demand and future growth could stabilize. Mid-America Apartment Q2 FFO Misses Estimates as Same-Store NOI Falls
• Positive Sentiment: MAA reported second-quarter revenue of approximately $555.1 million, up about 1% year over year, while reported EPS of $2.08 was above the consensus estimate on a GAAP basis. MAA Second-Quarter Earnings Report
• Neutral Sentiment: Second-quarter FFO was $2.08 per share, generally in line with consensus estimates in some reports but below expectations in others; FFO also declined from $2.15 a year earlier. Mid-America Apartment Communities Meets Q2 FFO Estimates
• Neutral Sentiment: For the third quarter, MAA guided to EPS of $2.04–$2.16 per share, versus a $2.10 consensus estimate. Full-year 2026 EPS guidance of $8.41–$8.65 also brackets the $8.50 consensus, indicating no major change to the outlook. Mid-America Apartment Updates 2026 Same-Store NOI Guidance
• Negative Sentiment: Same-store net operating income (NOI) fell, contributing to the FFO shortfall cited by analysts and raising concerns about near-term rent growth, occupancy, and property-level profitability. Mid-America Apartment Q2 FFO Misses Estimates as Same-Store NOI Falls

Institutional Trading of Mid-America Apartment Communities

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Mid-America Apartment Communities by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock valued at $2,149,000 after purchasing an additional 620 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Mid-America Apartment Communities by 47.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock worth $137,000 after buying an additional 299 shares during the period. Baird Financial Group Inc. lifted its position in shares of Mid-America Apartment Communities by 7.1% in the 2nd quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after purchasing an additional 437 shares during the period. Walleye Capital LLC bought a new position in shares of Mid-America Apartment Communities in the 2nd quarter worth approximately $230,000. Finally, Bank of Nova Scotia boosted its stake in Mid-America Apartment Communities by 21.7% during the second quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock worth $2,300,000 after acquiring an additional 2,771 shares in the last quarter. Institutional investors own 93.60% of the company’s stock.

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.