Zacks Research Has Negative Forecast for MAA Q1 Earnings

Mid-America Apartment Communities, Inc. (NYSE:MAA) – Analysts at Zacks Research lowered their Q1 2027 earnings estimates for Mid-America Apartment Communities in a research note issued on Monday, April 6th. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings of $2.19 per share for the quarter, down from their previous forecast of $2.21. 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 2027 earnings at $2.08 EPS, Q3 2027 earnings at $2.16 EPS, Q4 2027 earnings at $2.30 EPS and FY2027 earnings at $8.73 EPS.

Other equities research analysts have also issued reports about the stock. Truist Financial dropped their target price on shares of Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating for the company in a research report on Tuesday, March 31st. KeyCorp lowered 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 report on Wednesday, February 11th. Scotiabank lowered their price objective on shares of Mid-America Apartment Communities from $140.00 to $138.00 and set a “sector perform” rating for the company in a report on Monday, March 23rd. BMO Capital Markets upgraded shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and boosted their price objective for the stock from $150.00 to $158.00 in a report on Friday, January 9th. Finally, Barclays lowered their price objective on shares of Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating for the company in a report on Friday, March 6th. Eight research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and a consensus target price of $149.74.

Mid-America Apartment Communities Trading Down 0.1%

Shares of Mid-America Apartment Communities stock opened at $124.80 on Tuesday. Mid-America Apartment Communities has a 1 year low of $120.30 and a 1 year high of $169.00. The firm has a market cap of $14.59 billion, a PE ratio of 33.02 and a beta of 0.80. 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 company has a 50 day simple moving average of $130.13 and a two-hundred day simple moving average of $132.96.

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

Mid-America Apartment Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be given a dividend of $1.53 per share. This represents a $6.12 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Wednesday, April 15th. Mid-America Apartment Communities’s payout ratio is presently 161.90%.

Insider Transactions at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the transaction, the executive vice president directly owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. The trade was a 13.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 quarter, insiders have sold 1,350 shares of company stock worth $171,573. 1.20% of the stock is currently owned by insiders.

Institutional Trading of Mid-America Apartment Communities

A number of hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp grew its position in shares of Mid-America Apartment Communities by 1.6% in the 3rd quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock worth $1,134,520,000 after buying an additional 125,130 shares during the period. Norges Bank purchased a new stake in shares of Mid-America Apartment Communities in the 4th quarter worth about $750,603,000. Viking Global Investors LP grew its position in shares of Mid-America Apartment Communities by 46.7% in the 4th quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock worth $538,977,000 after buying an additional 1,234,966 shares during the period. Geode Capital Management LLC grew its position 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 worth $473,977,000 after buying an additional 40,028 shares during the period. Finally, Invesco Ltd. grew its position in shares of Mid-America Apartment Communities by 6.7% in the 4th quarter. Invesco Ltd. now owns 2,154,600 shares of the real estate investment trust’s stock worth $299,295,000 after buying an additional 134,739 shares during the period. 93.60% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Mid-America Apartment Communities

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

• Positive Sentiment: Board declared a quarterly dividend of $1.53 (annualized $6.12, ~4.9% yield); ex-dividend date Apr 15 and payable Apr 30 — supports income investors.
• Positive Sentiment: Institutional activity shows some buying/increased stakes (HSBC, Purpose Unlimited, others) — indicates continued institutional ownership (93.6% held by funds).
• Neutral Sentiment: Several executives sold shares (Aubrey Clay Holder, Amber Fairbanks, Timothy Argo) under pre-arranged Rule 10b5-1 plans to cover tax withholding on vested awards — routine, not an opportunistic dump. Insider trades report

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.