FY2028 Earnings Estimate for MAA Issued By Zacks Research

Mid-America Apartment Communities, Inc. (NYSE:MAA) – Research analysts at Zacks Research lifted their FY2028 earnings per share estimates for Mid-America Apartment Communities in a report released on Monday, April 6th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings of $9.20 per share for the year, up from their previous forecast of $9.18. The consensus estimate for Mid-America Apartment Communities’ current full-year earnings is $8.84 per share.

Other equities analysts have also recently issued research reports about the stock. KeyCorp dropped their price objective on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Royal Bank Of Canada decreased their target price on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a research report on Friday, February 6th. BTIG Research lowered their target price on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Cantor Fitzgerald increased their price target on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Finally, BMO Capital Markets upgraded shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and raised their price target for the stock from $150.00 to $158.00 in a research note on Friday, January 9th. Eight analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $149.74.

Mid-America Apartment Communities Stock Down 0.5%

Shares of MAA stock opened at $124.19 on Wednesday. Mid-America Apartment Communities has a one year low of $120.30 and a one year high of $169.00. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. The stock has a fifty day moving average price of $129.92 and a 200 day moving average price of $132.84. The stock has a market cap of $14.52 billion, a P/E ratio of 32.86 and a beta of 0.80.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The firm had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.Mid-America Apartment Communities’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.23 EPS. 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.

Institutional Trading of Mid-America Apartment Communities

Large investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Mid-America Apartment Communities during the 4th quarter worth approximately $750,603,000. Viking Global Investors LP bought a new position in Mid-America Apartment Communities in the 3rd quarter valued at $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Mid-America Apartment Communities by 621.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock worth $168,805,000 after purchasing an additional 1,040,525 shares in the last quarter. Millennium Management LLC boosted its stake in Mid-America Apartment Communities by 3,129.2% in the fourth quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock worth $102,525,000 after purchasing an additional 715,209 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in shares of Mid-America Apartment Communities by 461.9% during the second quarter. Daiwa Securities Group Inc. now owns 721,418 shares of the real estate investment trust’s stock worth $106,777,000 after purchasing an additional 593,020 shares during the last quarter. 93.60% of the stock is owned by institutional investors.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 711 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the sale, the executive vice president owned 4,471 shares in the company, valued at $557,667.83. This trade represents a 13.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 1,350 shares of company stock valued at $171,573. 1.30% of the stock is currently owned by corporate insiders.

Mid-America Apartment Communities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be issued a $1.53 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.9%. Mid-America Apartment Communities’s dividend payout ratio is presently 161.90%.

Trending Headlines about Mid-America Apartment Communities

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

• Positive Sentiment: Company declared a quarterly dividend of $1.53 ($6.12 annualized), implying a ~4.9% yield — supportive for income-focused investors. Note the payout ratio is elevated (~162%), which investors should monitor. MarketBeat MAA report
• Positive Sentiment: Zacks raised its FY2028 EPS view slightly to $9.20 from $9.18 — a small upward revision that signals modestly improved long-term earnings expectations.
• Neutral Sentiment: Quarterly earnings preview and analyst coverage continue to keep the focus on upcoming reports and guidance; these previews are informational and don’t by themselves move fundamentals. Earnings preview
• Neutral Sentiment: Institutional ownership remains high (~93.6%) with some quarter-end adjustments and small new positions reported — incremental positioning changes but no large portfolio shifts flagged in these filings.
• Negative Sentiment: Zacks trimmed multiple near-term (Q1–Q4 FY2027) and FY2027 EPS estimates modestly (e.g., FY2027 cut to $8.73 from $8.79), suggesting slightly weaker near-term earnings visibility and weighing on near-term sentiment.
• Negative Sentiment: Several insiders (EVPs Aubrey Clay Holder, Amber Fairbanks, Timothy Argo) sold shares under Rule 10b5-1 plans to cover tax obligations; Amber’s sale reduced her position by ~13.7%. While disclosed as pre-arranged/tax-related, insider sales can still be perceived negatively by the market. Insider trades Amber Fairbanks sale
• Negative Sentiment: Analyst price targets have been trimmed by some firms and the consensus rating sits at “Hold” with a target around $149.74 — mixed-to-cautious Street positioning versus MAA’s previous highs and current trading level.
• Negative Sentiment: Prior quarterly results (Feb) included an EPS miss and management gave FY2026 guidance that markets continue to parse; lingering concerns from past misses may amplify negative reactions to weaker near-term estimate revisions.

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.