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

Mid-America Apartment Communities (NYSE:MAA) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 8.350-8.710 for the period, compared to the consensus EPS estimate of 5.470. The company issued revenue guidance of -. Mid-America Apartment Communities also updated its Q1 2026 guidance to 2.050-2.170 EPS.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on MAA shares. Evercore ISI dropped their price target on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating for the company in a research note on Monday, December 15th. Mizuho upped their target price on Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Wall Street Zen lowered shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. 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 company from $150.00 to $158.00 in a report on Friday, January 9th. Finally, Barclays dropped their price target on Mid-America Apartment Communities from $155.00 to $142.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. Nine equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $155.37.

Mid-America Apartment Communities Price Performance

Shares of MAA stock traded up $2.92 on Wednesday, reaching $135.12. 1,279,544 shares of the company were exchanged, compared to its average volume of 904,734. The business has a 50-day moving average price of $135.28 and a 200 day moving average price of $137.27. Mid-America Apartment Communities has a 1 year low of $125.75 and a 1 year high of $173.38. The company has a market cap of $15.82 billion, a price-to-earnings ratio of 28.63, a P/E/G ratio of 3.79 and a beta of 0.79. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.06 and a current ratio of 0.06.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $2.23 earnings per share for the quarter, topping analysts’ consensus estimates of $2.22 by $0.01. Mid-America Apartment Communities had a net margin of 25.23% and a return on equity of 9.14%. The firm had revenue of $555.56 million for the quarter, compared to analyst estimates of $556.80 million. During the same period in the previous year, the business posted $2.23 earnings per share. Mid-America Apartment Communities’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. Equities research analysts forecast that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were paid a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.5%. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date was Thursday, January 15th. Mid-America Apartment Communities’s payout ratio is presently 129.66%.

Insider Activity at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total value of $31,804.50. Following the completion of the sale, the executive vice president directly owned 3,799 shares of the company’s stock, valued at $518,563.50. The trade was a 5.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Adrian Hill bought 758 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was acquired at an average cost of $131.83 per share, for a total transaction of $99,927.14. Following the completion of the acquisition, the executive vice president directly owned 48,766 shares in the company, valued at approximately $6,428,821.78. This trade represents a 1.58% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 6,079 shares of company stock valued at $838,698 over the last 90 days. 1.20% of the stock is owned by corporate insiders.

Mid-America Apartment Communities News Summary

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

• Positive Sentiment: MAA issued strong forward guidance — FY2026 EPS guidance of $8.35–$8.71 and Q1‑2026 EPS guidance of $2.05–$2.17, both well above street estimates; that upgrade is the primary driver of the stock move. Read More.
• Positive Sentiment: Q4 FFO/EPS of $2.23 beat the Zacks consensus of $2.22 (by $0.01), meeting expectations and removing near‑term earnings surprise risk. Read More.
• Neutral Sentiment: Revenue was essentially flat/only +1% YoY and came in just under consensus ($555.6M vs. $556.8M), so underlying top‑line momentum was modest even as FFO held steady. Read More.
• Neutral Sentiment: Sector context: analysts note residential REITs face slower rent growth, rising supply and uneven regional demand — factors that could limit upside despite MAA’s optimistic guidance. Read More.
• Negative Sentiment: FFO/EPS were flat year‑over‑year (Q4 FFO $2.23 vs. $2.23 a year ago), highlighting limited near‑term growth; investors may view the strong guidance as dependent on execution/assumptions rather than current operating momentum. Read More.

Institutional Investors Weigh In On Mid-America Apartment Communities

Hedge funds and other institutional investors have recently bought and sold shares of the business. GeoWealth Management LLC grew its holdings in shares of Mid-America Apartment Communities by 3.3% in the 3rd quarter. GeoWealth Management LLC now owns 3,575 shares of the real estate investment trust’s stock worth $500,000 after acquiring an additional 115 shares during the period. Quarry LP boosted its stake in Mid-America Apartment Communities by 40.9% in the 3rd quarter. Quarry LP now owns 410 shares of the real estate investment trust’s stock worth $57,000 after buying an additional 119 shares during the last quarter. Hudson Bay Capital Management LP boosted its position in shares of Mid-America Apartment Communities by 0.4% in the second quarter. Hudson Bay Capital Management LP now owns 51,042 shares of the real estate investment trust’s stock worth $7,555,000 after acquiring an additional 195 shares during the last quarter. Peapack Gladstone Financial Corp grew its stake in shares of Mid-America Apartment Communities by 1.1% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 20,205 shares of the real estate investment trust’s stock valued at $2,990,000 after buying an additional 214 shares during the period. Finally, Parallel Advisors LLC raised its holdings in shares of Mid-America Apartment Communities by 25.1% in the 3rd quarter. Parallel Advisors LLC now owns 1,113 shares of the real estate investment trust’s stock worth $156,000 after purchasing an additional 223 shares during the period. Institutional investors and hedge funds 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.