What is Zacks Research’s Forecast for MAA Q2 Earnings?

Posted by George Bondi on May 21st, 2026

Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) – Equities researchers at Zacks Research reduced their Q2 2026 earnings per share estimates for Mid-America Apartment Communities in a note issued to investors on Wednesday, May 20th. Zacks Research analyst Team now expects that the real estate investment trust will earn $2.08 per share for the quarter, down from their previous forecast of $2.10. The consensus estimate for Mid-America Apartment Communities’ current full-year earnings is $8.52 per share. Zacks Research also issued estimates for Mid-America Apartment Communities’ Q3 2026 earnings at $2.09 EPS, Q4 2026 earnings at $2.18 EPS, FY2026 earnings at $8.47 EPS, Q1 2027 earnings at $2.15 EPS, Q2 2027 earnings at $2.05 EPS, FY2027 earnings at $8.68 EPS, Q1 2028 earnings at $2.25 EPS and FY2028 earnings at $9.27 EPS.

Several other analysts have also issued reports on MAA. UBS Group dropped their price objective on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Citigroup dropped their price objective on Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. KeyCorp lowered their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. BTIG Research lowered their target price on 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. Finally, Cantor Fitzgerald lowered their target price on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $145.00.

Check Out Our Latest Analysis on MAA

Mid-America Apartment Communities Price Performance

NYSE:MAA opened at $130.12 on Thursday. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The stock’s 50 day moving average price is $126.24 and its two-hundred day moving average price is $131.29. The firm has a market capitalization of $15.14 billion, a price-to-earnings ratio of 39.43 and a beta of 0.77. Mid-America Apartment Communities has a 12-month low of $120.30 and a 12-month high of $159.37.

Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $1.30. The firm had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.20 earnings per share. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS.

Hedge Funds Weigh In On Mid-America Apartment Communities

A number of large investors have recently made changes to their positions in MAA. Tobam bought a new position in Mid-America Apartment Communities during the 3rd quarter worth $26,000. Physician Wealth Advisors Inc. lifted its position in shares of Mid-America Apartment Communities by 65.2% during the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 75 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in shares of Mid-America Apartment Communities during the 4th quarter worth $32,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Mid-America Apartment Communities during the 3rd quarter worth $33,000. Finally, Root Financial Partners LLC grew its holdings in shares of Mid-America Apartment Communities by 3,100.0% during the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 279 shares in the last quarter. Institutional investors own 93.60% of the company’s stock.

Insider Buying and Selling at Mid-America Apartment Communities

In other news, EVP Amber Fairbanks sold 711 shares of the stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $124.73, for a total transaction of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares in the company, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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. Insiders sold a total of 1,039 shares of company stock worth $129,594 in the last 90 days. 0.60% of the stock is currently owned by company insiders.

Mid-America Apartment Communities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a dividend of $1.53 per share. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.7%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 185.45%.

Mid-America Apartment Communities Company Profile

(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.