Mid-America Apartment Communities, Inc. (NYSE:MAA) Given Average Rating of “Hold” by Analysts

Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) have been given an average rating of “Hold” by the twenty-one ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $148.4444.

Several equities research analysts have commented on the stock. Wall Street Zen raised shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a report on Sunday, April 12th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. Mizuho upped their price objective on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a report on Monday, January 12th. BTIG Research dropped their price objective on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Finally, Morgan Stanley dropped their price objective on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, March 16th.

Insider Buying and Selling

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the sale, the executive vice president directly owned 4,471 shares of the company’s stock, valued at $557,667.83. This represents a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,039 shares of company stock worth $129,594 over the last quarter. 0.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Mid-America Apartment Communities

Several hedge funds and other institutional investors have recently modified their holdings of the stock. State Street Corp increased its position in shares of 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 buying an additional 125,130 shares during the period. Norges Bank bought a new stake in shares of Mid-America Apartment Communities during the fourth quarter valued at about $750,603,000. Viking Global Investors LP increased its position in shares of Mid-America Apartment Communities by 46.7% during the fourth quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock valued at $538,977,000 after buying an additional 1,234,966 shares during the period. Geode Capital Management LLC increased its position in shares of Mid-America Apartment Communities by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock valued at $473,977,000 after buying an additional 40,028 shares during the period. Finally, Invesco Ltd. increased its position in shares of Mid-America Apartment Communities by 6.7% during the fourth quarter. Invesco Ltd. now owns 2,154,600 shares of the real estate investment trust’s stock valued at $299,295,000 after buying an additional 134,739 shares during the period. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Trading Down 0.4%

NYSE MAA opened at $128.65 on Friday. Mid-America Apartment Communities has a one year low of $120.30 and a one year high of $169.00. The business’s fifty day moving average is $127.39 and its 200-day moving average is $131.58. The stock has a market capitalization of $15.04 billion, a price-to-earnings ratio of 38.98 and a beta of 0.80. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.10.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. The business had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The company’s revenue was up .8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.20 earnings per share. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. Equities research analysts predict that Mid-America Apartment Communities will post 8.53 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th were issued a dividend of $1.53 per share. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $6.12 annualized dividend and a yield of 4.8%. Mid-America Apartment Communities’s dividend payout ratio is 185.45%.

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.