Mid-America Apartment Communities, Inc. (MAA) – What Are Investment Firms Thinking About This Stock?

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been given an average recommendation of “Hold” by the twenty research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $139.56.

MAA has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a report on Saturday. Cantor Fitzgerald reaffirmed a “neutral” rating on shares of Mid-America Apartment Communities in a research note on Thursday, August 27th. BNP Paribas Exane upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Royal Bank Of Canada reduced their price objective on shares of Mid-America Apartment Communities from $138.00 to $127.00 and set a “sector perform” rating on the stock in a research note on Tuesday. Finally, Piper Sandler decreased their price objective on shares of Mid-America Apartment Communities from $140.00 to $121.00 and set a “neutral” rating for the company in a report on Monday, October 12th.

Hedge Funds Weigh In On Mid-America Apartment Communities

Hedge funds and other institutional investors have recently made changes to their positions in the company. Elevation Wealth Partners LLC grew its holdings in shares of Mid-America Apartment Communities by 593.1% in the 2nd quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 172 shares during the period. Raiffeisen Bank International AG raised its stake in Mid-America Apartment Communities by 116.7% during the 2nd quarter. Raiffeisen Bank International AG now owns 221 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 119 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in Mid-America Apartment Communities during the 4th quarter worth $32,000. Transamerica Financial Advisors LLC bought a new position in Mid-America Apartment Communities during the second quarter worth about $37,000. Finally, Root Financial Partners LLC lifted its holdings in Mid-America Apartment Communities by 3,100.0% during the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 279 shares in the last quarter. 93.60% of the stock is owned by institutional investors.

Mid-America Apartment Communities Trading Up 0.2%

Shares of NYSE:MAA traded up $0.23 during midday trading on Friday, hitting $116.50. The company had a trading volume of 943,060 shares, compared to its average volume of 1,255,164. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. Mid-America Apartment Communities has a 12 month low of $113.95 and a 12 month high of $144.41. The firm has a fifty day simple moving average of $124.11 and a 200 day simple moving average of $129.12. The stock has a market cap of $13.52 billion, a price-to-earnings ratio of 34.07 and a beta of 0.75.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $1.32. The business had revenue of $555.13 million during the quarter, compared to the consensus estimate of $556.18 million. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%. The firm’s revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.15 earnings per share. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. On average, analysts predict that Mid-America Apartment Communities will post 8.51 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be issued a $1.53 dividend. The ex-dividend date is Thursday, October 15th. This represents a $6.12 annualized dividend and a yield of 5.3%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 178.95%.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc (NYSE: MAA) is a self-administered and self-managed real estate investment trust focused on the ownership, operation and management of multifamily apartment communities. The company generates revenue primarily by leasing residential apartment homes to individuals and families.

MAA’s portfolio is concentrated in the southeastern and southwestern United States, with communities serving markets across the Sun Belt, including states such as Tennessee, Texas, Florida, Georgia, North Carolina, South Carolina and Virginia.