Ameritas Advisory Services LLC Makes New Investment in Mid-America Apartment Communities, Inc. $MAA

Ameritas Advisory Services LLC bought a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 502 shares of the real estate investment trust’s stock, valued at approximately $74,000.

A number of other large investors have also recently added to or reduced their stakes in MAA. Park Avenue Securities LLC increased its holdings in Mid-America Apartment Communities by 9.6% during the 1st quarter. Park Avenue Securities LLC now owns 3,153 shares of the real estate investment trust’s stock worth $528,000 after purchasing an additional 277 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Mid-America Apartment Communities by 133.8% in the 1st quarter. Farther Finance Advisors LLC now owns 2,291 shares of the real estate investment trust’s stock valued at $384,000 after acquiring an additional 1,311 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Mid-America Apartment Communities by 34.6% in the 1st quarter. GAMMA Investing LLC now owns 3,467 shares of the real estate investment trust’s stock valued at $581,000 after acquiring an additional 892 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Mid-America Apartment Communities by 94.1% in the 1st quarter. SG Americas Securities LLC now owns 6,229 shares of the real estate investment trust’s stock valued at $1,044,000 after acquiring an additional 3,020 shares in the last quarter. Finally, CX Institutional bought a new position in shares of Mid-America Apartment Communities in the 1st quarter valued at about $153,000. Institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Trading Down 0.2%

Shares of MAA stock opened at $134.63 on Friday. The firm has a 50 day moving average price of $140.75 and a two-hundred day moving average price of $149.80. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $15.76 billion, a PE ratio of 27.70, a price-to-earnings-growth ratio of 3.60 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 12-month low of $133.28 and a 12-month high of $173.38.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.01. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The firm had revenue of $549.90 million during the quarter, compared to the consensus estimate of $552.19 million. During the same period last year, the business posted $2.22 earnings per share. The business’s revenue for the quarter was up .6% compared to the same quarter last year. Mid-America Apartment Communities has set its Q3 2025 guidance at 2.080-2.240 EPS. FY 2025 guidance at 8.650-8.890 EPS. As a group, analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be given a $1.515 dividend. The ex-dividend date is Wednesday, October 15th. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. This represents a $6.06 dividend on an annualized basis and a dividend yield of 4.5%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 124.69%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on MAA shares. Weiss Ratings restated a “hold (c)” rating on shares of Mid-America Apartment Communities in a report on Wednesday. Wells Fargo & Company decreased their price objective on Mid-America Apartment Communities from $173.00 to $156.00 and set an “overweight” rating for the company in a report on Wednesday, August 27th. KeyCorp decreased their price objective on Mid-America Apartment Communities from $180.00 to $170.00 and set an “overweight” rating for the company in a report on Wednesday, August 13th. Mizuho upgraded Mid-America Apartment Communities from a “neutral” rating to an “outperform” rating and decreased their price objective for the company from $161.00 to $150.00 in a report on Thursday, August 14th. Finally, Raymond James Financial downgraded shares of Mid-America Apartment Communities from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 24th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $161.78.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the Same Store and Non-Same Store segments. The Same Store Communities segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year.