Mid-America Apartment Communities (NYSE:MAA) Announces Earnings Results, Beats Expectations By $1.29 EPS
by Amy Steele · The Cerbat GemMid-America Apartment Communities (NYSE:MAA – Get Free Report) issued its quarterly earnings results on Wednesday. The real estate investment trust reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $1.29, Zacks reports. The firm had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $556.74 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. Mid-America Apartment Communities’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.20 EPS. Mid-America Apartment Communities updated its Q2 2026 guidance to 2.000-2.120 EPS and its FY 2026 guidance to 8.370-8.690 EPS.
Mid-America Apartment Communities Stock Performance
Shares of MAA stock traded down $0.72 during mid-day trading on Wednesday, hitting $129.66. The stock had a trading volume of 1,599,927 shares, compared to its average volume of 972,475. Mid-America Apartment Communities has a fifty-two week low of $120.30 and a fifty-two week high of $169.00. The firm has a market cap of $15.16 billion, a PE ratio of 34.30 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’s 50-day simple moving average is $127.51 and its 200-day simple moving average is $131.59.
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 paid a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Wednesday, April 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 161.90%.
Insider Activity at Mid-America Apartment Communities
In other news, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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. In the last ninety days, insiders have sold 1,039 shares of company stock valued at $129,594. 0.60% of the stock is currently owned by company insiders.
Institutional Trading of Mid-America Apartment Communities
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Fieldview Capital Management LLC lifted its stake in shares of Mid-America Apartment Communities by 56.1% in the fourth quarter. Fieldview Capital Management LLC now owns 2,892 shares of the real estate investment trust’s stock valued at $402,000 after purchasing an additional 1,039 shares during the period. OpenArc Corporate Advisory LLC acquired a new stake in shares of Mid-America Apartment Communities in the fourth quarter valued at about $353,000. Lido Advisors LLC lifted its stake in shares of Mid-America Apartment Communities by 11.4% in the fourth quarter. Lido Advisors LLC now owns 2,413 shares of the real estate investment trust’s stock valued at $337,000 after purchasing an additional 247 shares during the period. EP Wealth Advisors LLC acquired a new stake in shares of Mid-America Apartment Communities in the fourth quarter valued at about $323,000. Finally, NorthRock Partners LLC acquired a new stake in shares of Mid-America Apartment Communities in the third quarter valued at about $320,000. Institutional investors and hedge funds own 93.60% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently weighed in on the stock. Mizuho increased their price target on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. KeyCorp decreased their price target 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. Cantor Fitzgerald raised their target price on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Barclays reduced their target price on shares of Mid-America Apartment Communities from $138.00 to $137.00 and set an “equal weight” rating for the company in a research note on Monday. Finally, Colliers Securities cut shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Eight research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $149.16.
Read Our Latest Stock Analysis on MAA
Mid-America Apartment Communities Company Profile
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.