Education
About Us
Working with TipRanks
Follow Us
Mid-America Apartment Communities (MAA)
NYSE:MAA
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.91Last Year’s EPS
0.83Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: -4.32%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive outlook with strong first quarter performance exceeding expectations, strategic investments in technology and renovations, and a robust development pipeline. However, challenges remain with lease pricing, particularly in high-supply markets and delayed lease-up stabilizations.Company Guidance
During the MAA First Quarter 2025 Earnings Conference Call, the company provided optimistic guidance, reflecting strong performance metrics that exceeded expectations. Occupancy increased by 30 basis points year-over-year, while average effective rent per unit saw only a slight decline of $9 from the previous year's first quarter. Blended lease pricing was ahead of expectations, driven by a retention rate increase and strong renewal pricing. The call highlighted the company's resilience amid high supply levels, with stable occupancy and improving blended lease rates anticipated to support revenue growth. MAA's development pipeline, valued at $1.5 billion, including new developments, is expected to drive future earnings, alongside internal investments in technology and property-wide Wi-Fi. Despite macroeconomic uncertainties, the company's focus on high-growth markets and diversification by market and price point positions it well for potential economic challenges. MAA maintained its core FFO guidance, with a second-quarter projection of $2.05 to $2.21 per share, supported by same-store NOI performance and favorable expense timing.Strong First Quarter Performance
First quarter 2025 performance results were ahead of expectations with strong demand in multiple areas including occupancy, collections, and pricing trends.
Increased Occupancy and Rent Stability
Year-over-year occupancy increased by 30 basis points, and average effective rent per unit was only down $9 compared to the first quarter of 2024.
Successful Investments in Technology and Renovation
Continued investment in property-wide Wi-Fi and interior renovation, with plans to renovate approximately 6,000 units in 2025.
Strong Development Pipeline
Development pipeline stands at a combined cost of $1.5 billion, with several new developments expected to start in 2025.
Positive Market Trends
Encouraging trends in several mid-tier markets such as Virginia, Charleston, Savannah, and Greenville showing strong pricing power.
Resilient Balance Sheet
Balance sheet remains strong with $1 billion in cash and borrowing capacity, and a low net debt-to-EBITDA ratio of 4 times.
MAA Earnings History
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 |
|---|---|---|---|
Apr 30, 2025 | $159.65 | $162.07 | +1.52% |
Feb 05, 2025 | $155.37 | $157.34 | +1.27% |
Oct 30, 2024 | $149.19 | $148.39 | -0.54% |
Jul 31, 2024 | $135.74 | $142.18 | +4.74% |
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 Jul 23, 2025, TBA Not Confirmed.
What is Mid-America Apartment Communities (MAA) earnings time?
Mid-America Apartment Communities (MAA) earnings time is at Jul 23, 2025, TBA Not 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 (Q2) is 0.91.