Mid-America Apartment Communities (NYSE:MAA – Get Free Report) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.040-2.160 for the period, compared to the consensus earnings per share estimate of 2.100. The company issued revenue guidance of -. Mid-America Apartment Communities also updated its FY 2026 guidance to 8.410-8.650 EPS.
Analyst Ratings Changes
Several equities research analysts recently issued reports on MAA shares. Piper Sandler raised their price objective on shares of Mid-America Apartment Communities from $140.00 to $143.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Cantor Fitzgerald lowered their price target on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Wells Fargo & Company boosted their price objective on shares of Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an “overweight” rating in a report on Wednesday, July 22nd. Scotiabank increased their target price on shares of Mid-America Apartment Communities from $129.00 to $137.00 and gave the stock a “sector underperform” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings raised shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, July 20th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $145.25.
Check Out Our Latest Research Report on Mid-America Apartment Communities
Mid-America Apartment Communities Trading Up 1.4%
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Research analysts expect that Mid-America Apartment Communities will post 8.51 earnings per share for the current fiscal year.
Mid-America Apartment Communities Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $1.53 dividend. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.5%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 185.45%.
Insider Transactions at Mid-America Apartment Communities
In related news, Director Tamara D. Fischer acquired 1,100 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was acquired at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the purchase, the director owned 1,100 shares of the company’s stock, valued at $141,405. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Mid-America Apartment Communities
A number of institutional investors and hedge funds have recently modified their holdings of the company. Viking Global Investors LP acquired a new position in shares of Mid-America Apartment Communities during the 3rd quarter worth about $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Mid-America Apartment Communities by 621.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock valued at $168,805,000 after purchasing an additional 1,040,525 shares during the last quarter. Millennium Management LLC raised its holdings in Mid-America Apartment Communities by 3,129.2% during the fourth quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock worth $102,525,000 after purchasing an additional 715,209 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Mid-America Apartment Communities by 30.5% during the fourth quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust’s stock worth $282,105,000 after purchasing an additional 474,989 shares in the last quarter. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Mid-America Apartment Communities during the 2nd quarter worth approximately $54,314,000. Institutional investors and hedge funds own 93.60% of the company’s stock.
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.
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