MAA reports third-quarter results and lowers 2026 same-store outlook

On October 28, 2026, Mid-America Apartment Communities reported third-quarter diluted EPS of $0.72 and Core FFO per share of $2.10, compared with $0.84 and $2.16, respectively, a year earlier; rental and other property revenue rose to $560.1 million, while same-store NOI fell 1.8%. MAA lowered its full-year 2026 Core FFO guidance to $8.43-$8.55 per share and projected same-store NOI to decline 0.8%-1.7%, citing higher interest rates and delayed improvement in new-resident pricing. The company also reported $350.0 million outstanding under MAALP’s delayed-draw term loan as of September 30 and declared a $1.53 per-share dividend payable October 30, 2026.