Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives Consensus Recommendation of “Hold” from Brokerages

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been given a consensus recommendation of “Hold” by the twenty-two ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eight have given a buy rating to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $150.5789.

MAA has been the subject of a number of research analyst reports. Royal Bank Of Canada dropped their price target on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research note on Friday, February 6th. KeyCorp decreased their price objective on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Citigroup cut their target price on shares of Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Barclays decreased their price target on shares of Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating for the company in a research note on Friday, March 6th. Finally, BTIG Research cut their price objective on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd.

Mid-America Apartment Communities Trading Down 0.1%

Shares of NYSE:MAA traded down $0.09 during midday trading on Friday, hitting $127.67. 21,354 shares of the stock traded hands, compared to its average volume of 968,840. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. The business’s 50 day moving average is $134.36 and its two-hundred day moving average is $135.38. The stock has a market capitalization of $14.92 billion, a PE ratio of 33.78, a P/E/G ratio of 2.13 and a beta of 0.79. Mid-America Apartment Communities has a one year low of $125.75 and a one year high of $169.42.

Mid-America Apartment Communities (NYSE:MAA) last announced 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). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The business had revenue of $555.56 million for the quarter, compared to analysts’ expectations of $556.80 million. During the same quarter in the prior year, the firm earned $2.23 EPS. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. 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. As a group, research analysts forecast that Mid-America Apartment Communities will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were paid a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Thursday, January 15th. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 161.90%.

Insider Activity at Mid-America Apartment Communities

In related news, EVP Robert J. Delpriore sold 5,426 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the sale, the executive vice president directly owned 49,745 shares of the company’s stock, valued at $6,876,251.35. This represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Amber Fairbanks sold 233 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the completion of the transaction, the executive vice president owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 6,079 shares of company stock worth $838,698 over the last 90 days. 1.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in shares of Mid-America Apartment Communities by 0.5% during the second 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 in the last quarter. State Street Corp boosted its position in shares of Mid-America Apartment Communities by 1.6% in the 3rd quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock worth $1,134,520,000 after purchasing an additional 125,130 shares in the last quarter. Norges Bank bought a new stake in shares of Mid-America Apartment Communities in the 4th quarter worth approximately $750,603,000. Viking Global Investors LP grew its stake in shares of Mid-America Apartment Communities by 46.7% in the 4th quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock worth $538,977,000 after buying an additional 1,234,966 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Mid-America Apartment Communities by 1.2% during the 4th 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 in the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

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.