Mid-America Apartment Communities (NYSE:MAA) Releases Earnings Results, Misses Expectations By $1.74 EPS

Mid-America Apartment Communities (NYSE:MAA) released its quarterly earnings data on Wednesday. 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), FiscalAI reports. The firm had revenue of $555.56 million for the quarter, compared to analyst estimates of $556.80 million. Mid-America Apartment Communities had a return on equity of 9.14% and a net margin of 25.23%.Mid-America Apartment Communities’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.23 earnings per share. Mid-America Apartment Communities updated its Q1 2026 guidance to 2.050-2.170 EPS and its FY 2026 guidance to 8.350-8.710 EPS.

Mid-America Apartment Communities Trading Down 2.2%

NYSE:MAA traded down $2.96 on Thursday, reaching $132.09. 749,822 shares of the company’s stock were exchanged, compared to its average volume of 954,260. The firm has a market capitalization of $15.46 billion, a price-to-earnings ratio of 27.91, a price-to-earnings-growth ratio of 3.79 and a beta of 0.79. Mid-America Apartment Communities has a 52-week low of $125.75 and a 52-week high of $173.38. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.87. The business has a fifty day moving average of $135.28 and a 200-day moving average of $137.27.

Mid-America Apartment Communities Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were given a $1.53 dividend. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $6.12 annualized dividend and a yield of 4.6%. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. Mid-America Apartment Communities’s dividend payout ratio is presently 129.66%.

Key Mid-America Apartment Communities News

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

• Positive Sentiment: MAA raised its FY 2026 EPS guidance to 8.350–8.710, well above the current consensus (~5.47). Management’s outlook is the primary bullish driver and suggests management expects fundamental improvement and stronger earnings later in the year. MAA Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: MAA updated Q1 2026 EPS guidance to 2.050–2.170, well above the consensus (~1.36), indicating management expects near‑term sequential improvement. MAA Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: FFO (a key REIT operating metric) came in at $2.23 per share, marginally above the Zacks consensus of $2.22 and flat year‑over‑year — a sign of operating stability amid the mixed headline EPS. MAA Surpasses Q4 FFO Estimates
• Positive Sentiment: Analyst commentary suggests fundamentals should improve (rent growth stabilization, portfolio performance), supporting the bullish guidance view. Fundamentals Set To Improve
• Neutral Sentiment: Sector note: analysts highlight slower rent growth, elevated supply and uneven regional demand for residential REITs — a mixed backdrop that could mute upside despite MAA’s guidance. How Are Residential REITs Positioned?
• Neutral Sentiment: Local earnings coverage provides a snapshot of Q4 operating results and company commentary; useful for detail but reiterates the mixed nature of the report. Q4 Earnings Snapshot
• Negative Sentiment: GAAP EPS came in at $0.48, well below the consensus of $2.22; revenue was slightly under expectations ($555.6M vs. ~$556.8M). The large EPS miss (likely driven by non‑cash/one‑time items) appears to have triggered the immediate negative market reaction despite positive guidance. Press Release (Q4 Results)

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Morgan Stanley reduced their price target on shares of Mid-America Apartment Communities from $169.00 to $164.00 and set an “overweight” rating on the stock in a research report on Thursday, November 13th. Evercore ISI cut their target price on 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. UBS Group lifted their target price on Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Mizuho increased their price target 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. Finally, Truist Financial cut their price objective on Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating for the company in a research report on Monday, November 10th. Nine research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $155.37.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president owned 3,799 shares of the company’s stock, valued at $518,563.50. This trade represents a 5.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Adrian Hill acquired 758 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were bought at an average cost of $131.83 per share, for a total transaction of $99,927.14. Following the transaction, the executive vice president directly owned 48,766 shares of the company’s stock, valued at approximately $6,428,821.78. This trade represents a 1.58% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders sold 6,079 shares of company stock worth $838,698. Corporate insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. CIBC Private Wealth Group LLC raised its position in Mid-America Apartment Communities by 348.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 897 shares of the real estate investment trust’s stock valued at $125,000 after purchasing an additional 697 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Mid-America Apartment Communities during the third quarter worth approximately $6,556,000. Danske Bank A S acquired a new stake in Mid-America Apartment Communities in the third quarter valued at approximately $10,209,000. Advisory Services Network LLC raised its holdings in Mid-America Apartment Communities by 280.5% in the third quarter. Advisory Services Network LLC now owns 7,046 shares of the real estate investment trust’s stock valued at $985,000 after acquiring an additional 5,194 shares in the last quarter. Finally, Fulcrum Asset Management LLP purchased a new position in Mid-America Apartment Communities in the third quarter worth approximately $46,000. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

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.