Filings monitor · MAA

What MID AMERICA APARTMENT COMMUNITIES INC.'s SEC filings said

10-Q for 2026Q3, filed 29 Oct 2026, and 1 8-K since. Each line is something a filing stated, ranked by score and linked to its source.

Ranked highest

1. Guidance and Outlook75 · importance in its document · 8-K exhibit · 28 Oct 2026
   MAA updated its full-year 2026 diluted EPS guidance midpoint from $4.08 to $3.67, while its Core FFO midpoint moved from $8.53 to $8.49 and Core AFFO midpoint from $7.50 to $7.46. Same Store revenue growth guidance midpoint was revised…
2. Interest Rate and Refinancing Exposure66 · importance in its document · 10-Q · 2026Q3
   MAA said borrowing costs remained elevated relative to its existing fixed-rate debt portfolio and expected that trend to continue as of September 30, 2026. It had $1.2 billion of variable-rate debt outstanding: $750.0 million under its…
3. Capital Return Program65 · importance in its document · 10-Q · 2026Q3
   MAA repurchased 1.3 million common shares for $172.8 million during the first nine months of 2026 at a weighted-average price of $129.41 per share, compared with no repurchases in the same 2025 period. On October 1, 2026, MAA redeemed all…
4. Liquidity and Debt Position61 · importance in its document · 8-K exhibit · 28 Oct 2026
   MAA reported $660.7 million of combined cash and available capacity under its unsecured revolving credit facility at September 30, 2026. Total debt was $5.839 billion, up from $5.405 billion at December 31, 2025, and net debt was $5.814…
5. Development Pipeline44 · importance in its document · 10-Q · 2026Q3
   As of September 30, 2026, MAA had eight development communities under construction, totaling 2,236 apartment units upon completion. The projects had expected total costs of $760.0 million, of which $395.6 million had been incurred through…

Ranked by score, 0–100. A topic read from a document carries its importance within that document; an 8-K event carries the rule score that ranks a filing among filings. Neither is about the share price, and the two scales are named on each row because they are not the same measure.

Latest report: 10-Q · 2026Q3 filed 29 Oct 2026

Full report

• Interest Rate and Refinancing ExposureImportance 66
  MAA said borrowing costs remained elevated relative to its existing fixed-rate debt portfolio and expected that trend to continue as of September 30, 2026. It had $1.2 billion of variable-rate debt outstanding: $750.0…
• Capital Return ProgramImportance 65
  MAA repurchased 1.3 million common shares for $172.8 million during the first nine months of 2026 at a weighted-average price of $129.41 per share, compared with no repurchases in the same 2025 period. On October 1,…
• Development PipelineImportance 44 · +1 more on this subject
  As of September 30, 2026, MAA had eight development communities under construction, totaling 2,236 apartment units upon completion. The projects had expected total costs of $760.0 million, of which $395.6 million had…
• Liquidity and Debt PositionImportance 43
  At September 30, 2026, total debt was $5.839 billion, net debt was $5.814 billion, and cash and cash equivalents were $25.7 million; net debt had increased $468.5 million from December 31, 2025. Net debt to…
• Net Income and ProfitabilityImportance 30
  Net income available for MAA common shareholders was $83.1 million for the third quarter of 2026, down 15.8% from $98.6 million in the third quarter of 2025. For the first nine months of 2026, net income available to…
• Interest Expense IncreaseImportance 30
  Interest expense increased 18.0% to $54.6 million in the third quarter of 2026, up $8.3 million year over year, primarily because average outstanding debt increased and the effective interest rate rose 7 basis points.…
• Revenue Performance and MixImportance 25
  For the three months ended September 30, 2026, property revenue increased 1.0% to $560.1 million from $554.4 million, while nine-month property revenue rose 0.9% to $1.669 billion from $1.654 billion. Same Store…
• Property Operating Expense TrendsImportance 25
  Total property operating expenses, excluding depreciation and amortization, increased 2.9% to $222.3 million in the third quarter of 2026 and 2.3% to $646.6 million for the first nine months. Same Store expenses rose…
• Occupancy and Leasing ActivityImportance 25 · +1 more on this subject
  For the Same Store segment, third-quarter 2026 revenue declined 0.4% year over year, primarily due to lower average physical occupancy and average effective rent per unit. Average effective rent per unit was $1,691,…
• Inflationary Cost PressuresImportance 25
  During the nine months ended September 30, 2026, MAA experienced inflationary pressures that drove higher operating expenses. The filing identifies utilities, marketing expenses, and building repair and maintenance as…
• Geographic Market CommentaryImportance 10
  MAA’s portfolio is concentrated in the Southeast, Southwest and Mid-Atlantic regions of the U.S., with assets in 38 defined markets and approximately 150 submarkets. The portfolio includes garden-style, mid-rise and…

8-K filings last 12 months

• Press release attached to an 8-K2 Nov 2026 · 8-K
  Read from the attached exhibit: Senior Notes Issuance
• Results, no stated guidance change28 Oct 2026 · 8-K Item 2.02 · Routine · rule score 10
  Read from the attached exhibit: Guidance and Outlook · Liquidity and Debt Position · Development Pipeline
• Press release attached to an 8-K9 Sept 2026 · 8-K
  Read from the attached exhibit: Capital Expenditure Program · Capital Return Program · Liquidity and Debt Position
• Press release attached to an 8-K28 Aug 2026 · 8-K
  Read from the attached exhibit: Preferred Stock Redemption · Capital Return Program
• Press release attached to an 8-K4 Aug 2026 · 8-K
  Read from the attached exhibit: Capital Return Program · Liquidity and Debt Position · Capital Expenditure Program
• Results (release not read)29 Jul 2026 · 8-K Item 2.02 · Routine · rule score 20
• Results (release not read)29 Apr 2026 · 8-K Item 2.02 · Routine · rule score 20
• Results (release not read)4 Feb 2026 · 8-K Item 2.02 · Routine · rule score 20

Topics are read from the text of the 10-K, 10-Q or the exhibit attached to an 8-K, each linked to the passage it came from. 8-K events are labelled by fixed rules from the item codes and the filing text — the same rules for every company and every year. The Full Picture merges these with earnings calls and news.