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

Posted by Geri Gentry on Oct 30th, 2026

Mid-America Apartment Communities (NYSE:MAA – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 8.430-8.550 for the period, compared to the consensus earnings per share estimate of 8.510. Mid-America Apartment Communities also updated its Q4 2026 guidance to 2.120-2.240 EPS.

Wall Street Analyst Weigh In

A number of analysts have commented on MAA shares. Barclays reduced their price objective on shares of Mid-America Apartment Communities from $146.00 to $136.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 14th. Piper Sandler reduced their target price on shares of Mid-America Apartment Communities from $140.00 to $121.00 and set a “neutral” rating on the stock in a research note on Monday, October 12th. Morgan Stanley reduced their target price on shares of Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 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 25th. Finally, UBS Group lowered their price objective on shares of Mid-America Apartment Communities from $129.00 to $123.00 and set a “neutral” rating for the company in a research report on Wednesday, October 14th. Eight equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $137.82.

Check Out Our Latest Report on Mid-America Apartment Communities

Mid-America Apartment Communities Stock Performance

NYSE:MAA traded up $0.11 on Friday, reaching $118.37. 159,829 shares of the company’s stock were exchanged, compared to its average volume of 1,005,047. The stock has a fifty day simple moving average of $121.69 and a 200-day simple moving average of $129.26. The firm has a market cap of $13.73 billion, a price-to-earnings ratio of 35.85 and a beta of 0.75. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09. Mid-America Apartment Communities has a 52 week low of $113.95 and a 52 week high of $144.41.

Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last issued its earnings results on Wednesday, October 28th. The real estate investment trust reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.10 by ($1.38). The firm had revenue of $560.13 million during the quarter, compared to analysts’ expectations of $558.07 million. Mid-America Apartment Communities had a return on equity of 6.80% and a net margin of 17.43%. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.16 EPS. As a group, sell-side analysts predict that Mid-America Apartment Communities will post 8.51 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be paid a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Thursday, October 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 185.45%.

Key Stories Impacting Mid-America Apartment Communities

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

Positive Sentiment: Third-quarter core funds from operations (FFO) came in at $2.10 per share, matching analysts’ expectations. Revenue totaled $560.1 million, modestly above the $558.1 million consensus estimate. Mid-America’s Q3 FFO Meets Estimates, Revenues Beat as Occupancy Gains
Positive Sentiment: Occupancy gains, stronger renewal rates and contributions from newer communities supported quarterly results. October lease pricing also improved, suggesting apartment demand may be stabilizing as new supply moderates. MAA same-store NOI slips 1.8% but October lease pricing turns up
Positive Sentiment: Tighter rental markets and fewer new apartment deliveries could improve pricing power and occupancy trends heading into 2027, potentially supporting future earnings and dividend coverage. 4 Apartment REITs Ranked by Dividend Coverage as Rental Markets Tighten
Neutral Sentiment: MAA expects fourth-quarter 2026 EPS of $2.12 to $2.24, compared with the $2.20 consensus. The midpoint is slightly below expectations, but the range broadly brackets analyst forecasts.
Neutral Sentiment: Full-year 2026 EPS guidance of $8.43 to $8.55 has a midpoint of $8.49, narrowly below the $8.51 consensus, indicating largely stable expectations rather than a major outlook change.
Negative Sentiment: Reported GAAP EPS fell to $0.72 from $2.16 a year earlier and missed the $2.10 estimate by a wide margin, weighing on headline investor sentiment. Mid-America Apartment Communities Reports Third-Quarter Results
Negative Sentiment: Same-store net operating income declined 1.8%, while FFO slipped from $2.16 per share a year ago, signaling continued pressure on property-level growth despite improving lease pricing.

About Mid-America Apartment Communities

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Mid-America Apartment Communities, Inc (NYSE: MAA) is a real estate investment trust that owns, operates and develops multifamily apartment communities. Its portfolio is focused primarily on conventional apartment housing, with properties offering a range of floor plans and amenities designed for individual renters, couples and families.

MAA concentrates its operations in high-growth markets across the Sun Belt, including communities in the Southeast, Southwest and Mid-Atlantic regions of the United States.