MAA cuts 2025 earnings guidance as Q3 EPS falls to $0.84 from $0.98 a year earlier
Mid-America Apartment Communities (MAA) reported third-quarter 2025 results with diluted earnings per share of $0.84, down from $0.98, and Core FFO per diluted share of $2.16, down from $2.21. It lowered its full-year 2025 earnings per share guidance to $4.18 to $4.30 from $5.25 to $5.49, and narrowed its Core FFO guidance to $8.68 to $8.80 from $8.65 to $8.89, which lowers the midpoint to $8.74 from $8.77.
Key points
- Q3 2025 diluted EPS was $0.84 versus $0.98 in Q3 2024; Core FFO per diluted share was $2.16 versus $2.21.
- Revised full-year 2025 EPS guidance is $4.18 to $4.30 (midpoint $4.24), down from $5.25 to $5.49 (midpoint $5.37).
- Q3 2025 rental and other property revenues were $554.4 million, up from $551.1 million a year earlier.
- The board declared its 127th consecutive quarterly common dividend, paid October 31, 2025; the current annual dividend rate is $6.06 per share.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.