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

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been given an average rating of “Hold” by the twenty research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and eight have given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $144.75.

Several analysts recently commented on the stock. BTIG Research reduced their price objective on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Morgan Stanley cut their target price on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, March 16th. Barclays lifted their target price on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. Wall Street Zen upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 12th. Finally, Scotiabank lifted their target price on shares of Mid-America Apartment Communities from $120.00 to $129.00 and gave the stock a “sector underperform” rating in a research report on Thursday.

Mid-America Apartment Communities Stock Down 0.4%

Shares of NYSE MAA opened at $132.58 on Friday. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. Mid-America Apartment Communities has a 52 week low of $120.30 and a 52 week high of $153.93. The firm has a 50-day moving average price of $130.20 and a 200 day moving average price of $131.68. The stock has a market capitalization of $15.43 billion, a price-to-earnings ratio of 40.18 and a beta of 0.76.

Mid-America Apartment Communities (NYSE:MAA) last announced 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. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The firm had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. During the same quarter last year, the business earned $2.20 earnings per share. The business’s revenue for the quarter was up .8% compared to the same quarter last year. 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 anticipate that Mid-America Apartment Communities will post 8.5 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a dividend of $1.53 per share. The ex-dividend date is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.6%. Mid-America Apartment Communities’s payout ratio is presently 185.45%.

Insider Transactions at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, Director Tamara D. Fischer bought 1,100 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was bought at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the transaction, the director owned 1,100 shares in the company, valued at approximately $141,405. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $124.73, for a total transaction of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. The trade was a 13.72% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders have sold 1,039 shares of company stock valued at $129,594. 0.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Mid-America Apartment Communities

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Physician Wealth Advisors Inc. grew its holdings in shares of Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 75 shares in the last quarter. Values First Advisors Inc. grew its holdings in shares of Mid-America Apartment Communities by 0.5% during the first quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock worth $1,889,000 after buying an additional 82 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Mid-America Apartment Communities by 9.6% during the fourth quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock worth $145,000 after buying an additional 91 shares in the last quarter. New Mexico Educational Retirement Board grew its holdings in shares of Mid-America Apartment Communities by 1.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock worth $750,000 after buying an additional 100 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of Mid-America Apartment Communities by 1.5% during the fourth quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock worth $974,000 after buying an additional 102 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

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.