Mid-America Apartment Communities (NYSE:MAA) Releases FY 2026 Earnings Guidance

Mid-America Apartment Communities (NYSE:MAAGet Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 8.410-8.650 for the period, compared to the consensus EPS estimate of 8.500. The company issued revenue guidance of -. Mid-America Apartment Communities also updated its Q3 2026 guidance to 2.040-2.160 EPS.

Mid-America Apartment Communities Stock Performance

MAA traded down $1.43 during trading on Friday, reaching $131.89. 69,971 shares of the company’s stock were exchanged, compared to its average volume of 995,425. 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. The company’s fifty day simple moving average is $135.22 and its 200-day simple moving average is $131.77. The stock has a market capitalization of $15.35 billion, a P/E ratio of 38.57 and a beta of 0.74.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.91%. The business had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. During the same period in the prior year, the firm earned $2.20 EPS. The business’s revenue for the quarter was up .8% on a year-over-year basis. As a group, research analysts predict that Mid-America Apartment Communities will post 8.51 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Cantor Fitzgerald decreased their price objective on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Barclays boosted their price target on Mid-America Apartment Communities from $139.00 to $147.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Weiss Ratings raised shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, July 20th. Jefferies Financial Group upgraded shares of Mid-America Apartment Communities to a “hold” rating in a research note on Wednesday, July 22nd. Finally, Morgan Stanley raised their price target on shares of Mid-America Apartment Communities from $150.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Mid-America Apartment Communities presently has an average rating of “Hold” and an average target price of $145.25.

Read Our Latest Report on MAA

Insider Buying and Selling at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, Director Tamara D. Fischer bought 1,100 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were purchased at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the transaction, the director directly owned 1,100 shares of the company’s stock, valued at approximately $141,405. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Mid-America Apartment Communities

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MAA. Walleye Capital LLC acquired a new position in shares of Mid-America Apartment Communities during the 2nd quarter worth about $230,000. Principal Securities Inc. boosted its holdings in Mid-America Apartment Communities by 13.4% in the 4th quarter. Principal Securities Inc. now owns 1,554 shares of the real estate investment trust’s stock worth $216,000 after buying an additional 184 shares during the last quarter. Boothbay Fund Management LLC purchased a new stake in Mid-America Apartment Communities during the 3rd quarter worth approximately $212,000. Parallel Advisors LLC increased its stake in Mid-America Apartment Communities by 31.4% during the 4th quarter. Parallel Advisors LLC now owns 1,462 shares of the real estate investment trust’s stock worth $203,000 after buying an additional 349 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Mid-America Apartment Communities by 47.6% during the second quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock valued at $137,000 after acquiring an additional 299 shares during the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

About Mid-America Apartment Communities

(Get Free Report)

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.

See Also

Earnings History and Estimates for Mid-America Apartment Communities (NYSE:MAA)

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