Zacks Research Has Positive Outlook of MAA FY2028 Earnings

Mid-America Apartment Communities, Inc. (NYSE:MAA) – Research analysts at Zacks Research upped their FY2028 earnings estimates for Mid-America Apartment Communities in a note issued to investors on Monday, April 6th. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings of $9.20 per share for the year, up from their prior estimate of $9.18. The consensus estimate for Mid-America Apartment Communities’ current full-year earnings is $8.84 per share.

Other equities research analysts have also recently issued reports about the company. Morgan Stanley lowered their target price on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. Scotiabank cut their price target on Mid-America Apartment Communities from $140.00 to $138.00 and set a “sector perform” rating on the stock in a research note on Monday, March 23rd. Colliers Securities cut Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a report on Monday, February 9th. KeyCorp lowered their price objective on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Finally, BTIG Research dropped their price objective on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Eight equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $149.74.

Mid-America Apartment Communities Stock Down 0.5%

NYSE:MAA opened at $124.19 on Wednesday. The stock’s fifty day moving average price is $129.92 and its two-hundred day moving average price is $132.84. Mid-America Apartment Communities has a 52-week low of $120.30 and a 52-week high of $169.00. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. The company has a market cap of $14.52 billion, a price-to-earnings ratio of 32.86 and a beta of 0.80.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate of $2.22 by ($1.74). The company had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 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 revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the company earned $2.23 earnings per share. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS.

Institutional Investors Weigh In On Mid-America Apartment Communities

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tobam acquired a new position in Mid-America Apartment Communities in the third quarter valued at about $26,000. Physician Wealth Advisors Inc. grew 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 worth $26,000 after buying an additional 75 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in shares of Mid-America Apartment Communities in the 4th quarter valued at about $32,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Mid-America Apartment Communities in the 3rd quarter valued at about $33,000. Finally, Sentry Investment Management LLC acquired a new stake in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $36,000. 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 firm’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president directly owned 4,471 shares in the company, valued at $557,667.83. This trade represents a 13.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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. Over the last 90 days, insiders sold 1,350 shares of company stock valued at $171,573. Corporate insiders own 1.30% of the company’s stock.

Mid-America Apartment Communities Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.9%. Mid-America Apartment Communities’s dividend payout ratio is 161.90%.

More Mid-America Apartment Communities News

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

• Positive Sentiment: Company declared a quarterly dividend of $1.53 ($6.12 annualized), implying a ~4.9% yield — supportive for income-focused investors. Note the payout ratio is elevated (~162%), which investors should monitor. MarketBeat MAA report
• Positive Sentiment: Zacks raised its FY2028 EPS view slightly to $9.20 from $9.18 — a small upward revision that signals modestly improved long-term earnings expectations.
• Neutral Sentiment: Quarterly earnings preview and analyst coverage continue to keep the focus on upcoming reports and guidance; these previews are informational and don’t by themselves move fundamentals. Earnings preview
• Neutral Sentiment: Institutional ownership remains high (~93.6%) with some quarter-end adjustments and small new positions reported — incremental positioning changes but no large portfolio shifts flagged in these filings.
• Negative Sentiment: Zacks trimmed multiple near-term (Q1–Q4 FY2027) and FY2027 EPS estimates modestly (e.g., FY2027 cut to $8.73 from $8.79), suggesting slightly weaker near-term earnings visibility and weighing on near-term sentiment.
• Negative Sentiment: Several insiders (EVPs Aubrey Clay Holder, Amber Fairbanks, Timothy Argo) sold shares under Rule 10b5-1 plans to cover tax obligations; Amber’s sale reduced her position by ~13.7%. While disclosed as pre-arranged/tax-related, insider sales can still be perceived negatively by the market. Insider trades Amber Fairbanks sale
• Negative Sentiment: Analyst price targets have been trimmed by some firms and the consensus rating sits at “Hold” with a target around $149.74 — mixed-to-cautious Street positioning versus MAA’s previous highs and current trading level.
• Negative Sentiment: Prior quarterly results (Feb) included an EPS miss and management gave FY2026 guidance that markets continue to parse; lingering concerns from past misses may amplify negative reactions to weaker near-term estimate revisions.

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.