Mid-America Apartment Communities, Inc. $MAA Stock Position Lowered by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 13.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 90,683 shares of the real estate investment trust’s stock after selling 14,459 shares during the quarter. New York State Teachers Retirement System owned about 0.08% of Mid-America Apartment Communities worth $12,597,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Appleton Partners Inc. MA acquired a new position in shares of Mid-America Apartment Communities in the 3rd quarter worth approximately $915,000. Algebris UK Ltd. acquired a new stake in Mid-America Apartment Communities during the third quarter valued at approximately $14,461,000. Illinois Municipal Retirement Fund boosted its holdings in Mid-America Apartment Communities by 71.8% during the third quarter. Illinois Municipal Retirement Fund now owns 85,518 shares of the real estate investment trust’s stock worth $11,949,000 after buying an additional 35,740 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in Mid-America Apartment Communities by 42.7% during the third quarter. Wealthfront Advisers LLC now owns 31,122 shares of the real estate investment trust’s stock worth $4,349,000 after buying an additional 9,318 shares in the last quarter. Finally, Centersquare Investment Management LLC grew its position in Mid-America Apartment Communities by 43.4% in the third quarter. Centersquare Investment Management LLC now owns 178,050 shares of the real estate investment trust’s stock worth $24,879,000 after buying an additional 53,900 shares during the last quarter. Institutional investors own 93.60% of the company’s stock.

Insider Activity at Mid-America Apartment Communities

In other news, EVP Amber Fairbanks sold 711 shares of the 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. This represents a 13.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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. Over the last quarter, insiders sold 1,039 shares of company stock worth $129,594. Corporate insiders own 0.60% of the company’s stock.

Mid-America Apartment Communities Stock Up 0.1%

Shares of Mid-America Apartment Communities stock opened at $128.65 on Monday. The firm has a market cap of $15.04 billion, a price-to-earnings ratio of 38.98 and a beta of 0.77. The stock has a 50-day simple moving average of $127.39 and a 200-day simple moving average of $131.54. Mid-America Apartment Communities, Inc. has a 52-week low of $120.30 and a 52-week high of $169.00. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13.

Mid-America Apartment Communities (NYSE:MAA) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping the consensus estimate of $0.83 by $1.30. The company had revenue of $553.73 million during 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 for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $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. On average, equities research analysts expect that Mid-America Apartment Communities, Inc. will post 8.53 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

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

Wall Street Analysts Forecast Growth

MAA has been the subject of a number of recent research reports. KeyCorp cut their price objective on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. BTIG Research decreased their target price on 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. Truist Financial reduced their target price on Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating for the company in a report on Tuesday, March 31st. Cantor Fitzgerald increased their price target on Mid-America Apartment Communities from $137.00 to $141.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Finally, Mizuho lifted their price target on Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Eight research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $148.44.

Mid-America Apartment Communities Profile

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.