Mid-America Apartment Communities (NYSE:MAA) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of Mid-America Apartment Communities (NYSE:MAA) from a hold rating to an outperform rating in a report published on Friday morning, MarketBeat.com reports. They currently have $158.00 target price on the real estate investment trust’s stock, up from their previous target price of $150.00.

Several other research firms have also issued reports on MAA. Piper Sandler dropped their target price on shares of Mid-America Apartment Communities from $153.00 to $140.00 and set a “neutral” rating on the stock in a report on Monday, November 3rd. BTIG Research reissued a “buy” rating and issued a $160.00 price objective on shares of Mid-America Apartment Communities in a research report on Friday, December 5th. Wells Fargo & Company dropped their price objective on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 25th. Evercore ISI decreased their target price on Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating for the company in a research note on Monday, December 15th. Finally, Mizuho lowered their target price on Mid-America Apartment Communities from $150.00 to $146.00 and set an “outperform” rating for the company in a report on Monday, November 24th. Nine analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Mid-America Apartment Communities presently has a consensus rating of “Hold” and a consensus target price of $155.16.

Mid-America Apartment Communities Price Performance

Shares of MAA opened at $135.74 on Friday. The business has a 50-day moving average of $133.88 and a 200-day moving average of $139.09. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.06 and a quick ratio of 0.06. The company has a market capitalization of $15.89 billion, a price-to-earnings ratio of 28.76, a price-to-earnings-growth ratio of 3.87 and a beta of 0.78. Mid-America Apartment Communities has a 1 year low of $125.75 and a 1 year high of $173.38.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, October 29th. The real estate investment trust reported $2.16 earnings per share for the quarter, missing analysts’ consensus estimates of $2.17 by ($0.01). Mid-America Apartment Communities had a net margin of 25.23% and a return on equity of 9.14%. The firm had revenue of $554.37 million for the quarter, compared to analyst estimates of $557.22 million. During the same period in the prior year, the company posted $2.21 EPS. The business’s revenue for the quarter was up .6% compared to the same quarter last year. Mid-America Apartment Communities has set its FY 2025 guidance at 8.680-8.800 EPS and its Q4 2025 guidance at 2.170-2.290 EPS. As a group, equities research analysts anticipate 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 declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be issued a $1.53 dividend. The ex-dividend date is Thursday, January 15th. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 annualized dividend and a yield of 4.5%. Mid-America Apartment Communities’s dividend payout ratio is currently 128.39%.

Insider Transactions at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 233 shares of Mid-America Apartment Communities stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total value of $31,804.50. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the sale, the executive vice president owned 49,745 shares of the company’s stock, valued at $6,876,251.35. This trade represents a 9.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 6,079 shares of company stock worth $838,698. 1.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Elevation Point Wealth Partners LLC purchased a new position in shares of Mid-America Apartment Communities in the 2nd quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd bought a new stake in Mid-America Apartment Communities during the second quarter worth $26,000. Tobam purchased a new position in Mid-America Apartment Communities in the third quarter worth $26,000. Sound Income Strategies LLC grew its stake in Mid-America Apartment Communities by 972.2% in the 2nd quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 175 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new stake in shares of Mid-America Apartment Communities during the 3rd quarter valued at $33,000. 93.60% of the stock is owned by institutional investors.

Mid-America Apartment Communities News Roundup

Here are the key news stories impacting Mid-America Apartment Communities this week:

• Positive Sentiment: BMO Capital Markets upgraded MAA from Market Perform to Outperform and raised its price target to $158 (from $150), signaling meaningful upside vs. the current share level; this upgrade is a clear near‑term bullish catalyst. BMO Capital upgrades MAA
• Positive Sentiment: MAA announced a slight raise to the quarterly dividend ($1.53/sh, annualized $6.12, ≈4.4% yield), which supports income investors and REIT valuation stability. MarketBeat MAA summary
• Positive Sentiment: Several institutional investors and hedge funds have been increasing positions (Goldman Sachs, UBS asset managers, etc.), indicating buy interest from large holders that can underpin the stock. Institutional holdings report
• Neutral Sentiment: UBS nudged its price target higher (from $132 to $134) but kept a Neutral rating — a mild constructive sign but not a catalyst likely to drive strong upside on its own. UBS price target update
• Neutral Sentiment: Analysts expect Q4 (FY2025) FFO/earnings to be roughly flat year‑over‑year; an in‑line print would likely produce limited stock reaction, while any surprise (positive or negative) could move the shares around earnings release. Earnings preview
• Negative Sentiment: Several executive VPs disclosed small sales of stock (Amber Fairbanks, Timothy Argo, Aubrey Clay Holder — trades at roughly $135/sh); while volumes are modest relative to total shares outstanding, insider selling can trigger short‑term pressure or signal personal liquidity moves. SEC Form 4 (example)

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.