Mid-America Apartment Q2 FY26 diluted EPS rises 13.04% to $1.04; FFO per share slips 4.11% to $2.10

Reuters2026/07/29 20:50

By:Reuters

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Mid-America Apartment Communities posted Q2 2026 diluted EPS of $1.04, up 13.04% from $0.92 a year earlier.
FFO per diluted share slipped 4.11% to $2.10; core FFO per diluted share fell 3.26% to $2.08.
Same Store revenue edged down 0.3% while expenses rose 0.8%, pulling Same Store NOI down 1% with average effective rent per unit at $1,688.
Blended lease rate growth was 0.7% with new leases down 5.3% and renewals up 5.2%; resident turnover stayed low at 39.6%.
MAA cut full-year diluted EPS guidance to $3.96-$4.20 and kept core FFO per share midpoint at $8.53; it also repurchased 400,000 shares for $50 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mid America Apartment Communities Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-323756), on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mid-America Apartment Q2 FY26 diluted EPS rises 13.04% to $1.04; FFO per share slips 4.11% to $2.10

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