Zacks Research Issues Positive Forecast for MAA Earnings

Key Points

• Zacks Research raised MAA’s Q3 2026 EPS estimate to $2.10 from $2.09, while projecting FY2026 EPS of $8.50, broadly in line with the $8.51 consensus.
• MAA reported quarterly EPS of $2.08, exceeding consensus by $1.32, while revenue reached $555.13 million and increased 1.0% year over year. Management’s FY2026 EPS guidance remains $8.41–$8.65.
• Analyst sentiment remains cautious, with a consensus Hold rating and an average price target of $144.81; institutional investors own 93.60% of the stock.

Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) - Research analysts at Zacks Research increased their Q3 2026 earnings per share (EPS) estimates for shares of Mid-America Apartment Communities in a research report issued to clients and investors on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings of $2.10 per share for the quarter, up from their prior estimate of $2.09. The consensus estimate for Mid-America Apartment Communities' current full-year earnings is $8.51 per share. Zacks Research also issued estimates for Mid-America Apartment Communities' Q4 2026 earnings at $2.19 EPS, FY2026 earnings at $8.50 EPS, Q1 2027 earnings at $2.14 EPS, Q2 2027 earnings at $2.07 EPS, Q3 2027 earnings at $2.10 EPS, Q4 2027 earnings at $2.28 EPS, FY2027 earnings at $8.59 EPS, Q1 2028 earnings at $2.19 EPS, Q2 2028 earnings at $2.16 EPS and FY2028 earnings at $8.93 EPS.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $1.32. The business had revenue of $555.13 million during the quarter, compared to the consensus estimate of $556.18 million. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The company's quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.15 EPS. 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.

Other equities research analysts have also recently issued research reports about the stock. Piper Sandler cut their price objective on shares of Mid-America Apartment Communities from $143.00 to $140.00 and set a "neutral" rating for the company in a research report on Friday, July 31st. Scotiabank dropped their target price on Mid-America Apartment Communities from $137.00 to $134.00 and set a "sector underperform" rating for the company in a research report on Tuesday, August 4th. JPMorgan Chase & Co. began coverage on shares of Mid-America Apartment Communities in a report on Thursday, July 16th. They set a "neutral" rating and a $147.00 price target on the stock. Wall Street Zen raised Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. Finally, Cantor Fitzgerald upped their price target on shares of Mid-America Apartment Communities from $132.00 to $140.00 and gave the company a "neutral" rating in a research report on Monday, August 3rd. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $144.81.

Mid-America Apartment Communities Trading Up 1.0%

Shares of MAA stock opened at $131.47 on Thursday. Mid-America Apartment Communities has a 12-month low of $120.30 and a 12-month high of $146.41. The firm has a 50 day moving average price of $135.14 and a two-hundred day moving average price of $131.55. The company has a market capitalization of $15.25 billion, a PE ratio of 38.44 and a beta of 0.73. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02.

Institutional Trading of Mid-America Apartment Communities

Several hedge funds have recently made changes to their positions in MAA. BlackRock Inc. bought a new stake in Mid-America Apartment Communities in the 2nd quarter valued at about $1,820,661,000. Norges Bank purchased a new stake in Mid-America Apartment Communities in the 4th quarter worth approximately $750,603,000. Viking Global Investors LP purchased a new stake in shares of Mid-America Apartment Communities in the third quarter worth $369,597,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Mid-America Apartment Communities in the 2nd quarter valued at about $175,377,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Mid-America Apartment Communities by 15,892.5% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,221,025 shares of the real estate investment trust's stock valued at $169,649,000 after purchasing an additional 1,213,390 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors.

Trending Headlines about Mid-America Apartment Communities

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $8.50 from $8.47 and increased its Q3 2026 estimate to $2.10 from $2.09. The firm also lifted Q4 2026 EPS to $2.19 from $2.18, suggesting slightly better near-term expectations. The FY2026 estimate remains close to the broader consensus of $8.51.
• Neutral Sentiment: Zacks Research raised its Q2 2027 EPS forecast to $2.07 from $2.05, but its overall outlook remains mixed. The firm projects FY2027 EPS of $8.59 and FY2028 EPS of $8.93, both below its previous forecasts but still above the current-year consensus estimate.
• Negative Sentiment: Zacks Research reduced estimates for Q1 2027 EPS to $2.14 from $2.15, Q3 2027 EPS to $2.10 from $2.16, Q4 2027 EPS to $2.28 from $2.32, Q1 2028 EPS to $2.19 from $2.25, and Q2 2028 EPS to $2.16 from $2.21. The firm also cut FY2027 EPS to $8.59 from $8.68 and FY2028 EPS to $8.93 from $9.27, signaling softer longer-term operating expectations.
• Negative Sentiment: Barclays maintained a Hold rating on MAA while lowering its expectations for the stock’s price target. The cautious stance and reduced valuation outlook are potential headwinds for the apartment REIT. Barclays Remains a Hold on Mid-America Apartment

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.

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