The earnings call presented a mixed picture with strong absorption and development progress, but also challenges with economic uncertainty affecting lease pricing and supply pressures in certain markets.

Company Guidance -

Q3 2025

During the second quarter of 2025, MAA's core FFO results exceeded expectations, with improvements in new, renewal, and blended lease-over-lease rates surpassing the prior year's performance. The company reported a core FFO of $2.15 per diluted share, $0.02 above the midpoint of their guidance, driven by favorable overhead expenses, interest expenses, and strong same-store NOI performance despite challenges in the lease-up portfolio. MAA's portfolio experienced record absorption levels, outpacing new deliveries for four consecutive quarters. The active development pipeline includes 2,648 units at nearly $1 billion, with a recent start on a 336-unit project in Charleston, South Carolina, expected to yield a stabilized NOI of 6.1%. The acquisition market remains quiet, but MAA is evaluating opportunities, including a suburban acquisition in Kansas City. The company maintains a strong balance sheet with low debt leverage at 4x EBITDA, ensuring readiness to capitalize on growth opportunities as the economic environment stabilizes.

Strong Absorption and Market Demand

Absorption across MAA's markets reached the highest level in over 25 years, with absorption outpacing new deliveries for four consecutive quarters.

Renewal Lease Performance

Renewal lease performance exceeded expectations with high acceptance rates and lease-over-lease growth rates on renewals in the 4.5% range for July, August, and September.

Development Progress

MAA started construction on a 336-unit project in Charleston, SC, expected to deliver a stabilized NOI yield of 6.1%. Their active pipeline now includes 2,648 units valued at nearly $1 billion.

Strong Balance Sheet

MAA's balance sheet remains strong with $1 billion in cash and borrowing capacity, and a low debt-to-EBITDA ratio of 4x.

Mid-America Apartment (MAA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MAA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.89 / -	0.95	―	―	―
Jul 30, 2025	2025 (Q2)	0.87 / 0.96	0.833	14.77% (+0.12)	―
Apr 30, 2025	2025 (Q1)	0.89 / 1.59	1.22	30.49% (+0.37)	―
Feb 05, 2025	2024 (Q4)	1.01 / 1.46	1.37	6.64% (+0.09)	―
Oct 30, 2024	2024 (Q3)	1.01 / 0.95	0.94	1.06% (+0.01)	―
Jul 31, 2024	2024 (Q2)	1.01 / 0.83	1.24	-32.82% (-0.41)	―
May 01, 2024	2024 (Q1)	1.03 / 1.22	1.16	5.17% (+0.06)	―
Feb 07, 2024	2023 (Q4)	1.07 / 1.37	1.62	-15.43% (-0.25)	―
Oct 25, 2023	2023 (Q3)	1.16 / 0.94	1.016	-7.48% (-0.08)	―
Jul 26, 2023	2023 (Q2)	1.19 / 1.24	1.765	-29.75% (-0.52)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MAA Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$148.79	$142.43	-4.27%
Apr 30, 2025	$158.05	$160.45	+1.52%
Feb 05, 2025	$153.81	$155.76	+1.27%
Oct 30, 2024	$147.69	$146.91	-0.53%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mid-america Apartment Communities (MAA) report earnings?

Mid-america Apartment Communities (MAA) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Mid-america Apartment Communities (MAA) earnings time?

Mid-america Apartment Communities (MAA) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MAA EPS forecast?

MAA EPS forecast for the fiscal quarter 2025 (Q3) is 0.89.

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