Mid-America Apartment Communities Q3 2025 Earnings Release

Mid-America Apartment Communities, Inc. (MAA) reported its third quarter 2025 financial results, highlighting a diluted earnings per share of $0.84, compared to $0.98 in the same period last year. Core FFO per diluted share was $2.16, slightly down from $2.21 in Q3 2024. The company achieved a Same Store effective blended lease rate growth of 0.3%, reflecting a 50 basis point improvement over the prior year. MAA also completed the acquisition of a 318-unit multifamily apartment community in Kansas City and plans to begin construction on a 280-unit community in Phoenix. The company updated its 2025 guidance, expecting Core FFO per diluted share to be in the range of $8.68 to $8.80. MAA declared its 127th consecutive quarterly common dividend, maintaining its strong dividend track record.