MAA
Mid-America Apartment CommunitiesPrevious close
117.21
Change
−1.05 / −0.89%
P/E (TTM) ?
34.1
Market Cap
$13.7B
1M
−0.45%
S&P 500 −0.91% over same period
Volume / Avg Volume
1.2M / 909K
1.36× average
Latest earnings analysisFY2026 Q2Reported 2026-07-29
MAA Q2 2026: Core FFO slips to $2.08 as revenue rises 1.0%
MAA's second quarter was steady but not growing: revenue of $555.1 million rose 1.0%, yet Core FFO per share fell 3.3% to $2.08 and same-store NOI dropped 1.0%. Management kept the full-year Core FFO midpoint at $8.53 but cut GAAP EPS guidance. The read-through is a landlord still grinding through soft rent pricing, with lease-rate trends improving off a low base. View: Neutral.
Read the full analysis →Revenue$0.56BYoY +1.00%
EPS (non-GAAP)$2.08Beatest. $0.76
Next-day move−2.96%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-29 | $555M | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-29 | $554M | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-04 | $2.2B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-29 | $554M | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-30 | $550M | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-30 | $549M | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 64 of its 5-year rangeMid-range
5-year range 25.3 – 40.2 · Median 30.0
Last 4 quarters: $72.8M in buybacks + $711M in dividends, 5.70% of market cap combined
P/E (TTM)
34.1
P/B
2.5
P/S
6.2
Dividend Yield
4.57%
Earnings Reaction
Over the last 6 reports, the stock moved ±2.4% on average on the first trading day after, rising 2 times
Most recent −2.96%
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
No open-market buys or sells by officers or directors in the last 90 days.
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q1 | 0.55 | +0.8% | — | 0.12 | 1.06 |
| FY2025 Q4 | 0.56 | +1.0% | — | 0.06 | 0.48 |
| FY2025 Q3 | 0.55 | +0.6% | — | 0.10 | 0.84 |
| FY2025 Q2 | 0.55 | +0.6% | — | 0.11 | 0.92 |
| FY2025 Q1 | 0.55 | +1.0% | — | 0.18 | 1.54 |
| FY2024 Q4 | 0.55 | +1.4% | — | 0.17 | 1.43 |
| FY2024 Q3 | 0.55 | +1.7% | — | 0.12 | 0.98 |
| FY2024 Q2 | 0.55 | +2.1% | — | 0.10 | 0.86 |
| FY2024 Q1 | 0.54 | +2.8% | — | 0.14 | 1.22 |
| FY2023 Q4 | 0.54 | +2.7% | — | 0.16 | 1.37 |
| FY2023 Q3 | 0.54 | +4.1% | — | 0.11 | 0.94 |
| FY2023 Q2 | 0.54 | +8.1% | — | 0.15 | 1.24 |