Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives $155.11 Consensus Target Price from Analysts

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been given a consensus rating of “Hold” by the twenty-two analysts that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $153.8421.

Several equities analysts have recently weighed in on the stock. Scotiabank lowered shares of Mid-America Apartment Communities from a “sector outperform” rating to a “sector perform” rating and reduced their price objective for the company from $146.00 to $142.00 in a research report on Friday, December 5th. KeyCorp decreased their price target on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research report on Wednesday. Morgan Stanley cut their price objective on Mid-America Apartment Communities from $169.00 to $164.00 and set an “overweight” rating for the company in a research report on Thursday, November 13th. Barclays reduced their price objective on Mid-America Apartment Communities from $155.00 to $142.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 25th. Finally, Wells Fargo & Company cut their target price on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 25th.

Insider Transactions at Mid-America Apartment Communities

In other news, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the sale, the executive vice president owned 3,799 shares in the company, valued at $518,563.50. The trade was a 5.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Adrian Hill acquired 758 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average cost of $131.83 per share, with a total value of $99,927.14. Following the purchase, the executive vice president directly owned 48,766 shares in the company, valued at approximately $6,428,821.78. This trade represents a 1.58% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 6,079 shares of company stock valued at $838,698 over the last ninety days. Corporate insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Mid-America Apartment Communities

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Mid-America Apartment Communities by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 18,540,029 shares of the real estate investment trust’s stock valued at $2,744,110,000 after purchasing an additional 101,397 shares during the period. State Street Corp grew its position in Mid-America Apartment Communities by 1.6% during the third quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock valued at $1,134,520,000 after purchasing an additional 125,130 shares in the last quarter. Norges Bank acquired a new position in Mid-America Apartment Communities in the 4th quarter valued at approximately $750,603,000. Geode Capital Management LLC lifted its position in Mid-America Apartment Communities by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock worth $473,977,000 after buying an additional 40,028 shares in the last quarter. Finally, Viking Global Investors LP purchased a new position in shares of Mid-America Apartment Communities during the 3rd quarter valued at $369,597,000. 93.60% of the stock is owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Price Performance

Shares of NYSE:MAA opened at $136.04 on Monday. The stock has a market cap of $15.90 billion, a price-to-earnings ratio of 35.99, a PEG ratio of 2.26 and a beta of 0.79. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.06. Mid-America Apartment Communities has a 12 month low of $125.75 and a 12 month high of $173.38. The stock’s 50 day moving average price is $135.12 and its 200 day moving average price is $136.63.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The firm had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.23 earnings per share. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. Equities research analysts anticipate that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were issued a $1.53 dividend. The ex-dividend date was Thursday, January 15th. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 annualized dividend and a dividend yield of 4.5%. Mid-America Apartment Communities’s dividend payout ratio is 161.90%.

About Mid-America Apartment Communities

Mid-America Apartment Communities, Inc (NYSE: MAA) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform.

MAA’s portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets.