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

Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) have been assigned an average recommendation of “Hold” from the twenty-one analysts that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and nine have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $155.1053.

Several research firms have recently weighed in on MAA. Truist Financial lowered their price objective on Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating for the company in a research report on Monday, November 10th. Scotiabank cut Mid-America Apartment Communities from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the stock from $146.00 to $142.00 in a research note on Friday, December 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Monday, December 29th. Piper Sandler cut their price target on 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. Finally, BMO Capital Markets upgraded shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and lifted their price objective for the company from $150.00 to $158.00 in a research note on Friday, January 9th.

Insider Transactions at Mid-America Apartment Communities

In other news, EVP Adrian Hill purchased 758 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were acquired at an average cost of $131.83 per share, with a total value of $99,927.14. Following the purchase, the executive vice president owned 48,766 shares in the company, valued at $6,428,821.78. This represents a 1.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Amber Fairbanks sold 233 shares of the stock in a transaction that occurred 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 in the company, valued at approximately $518,563.50. The trade was a 5.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,079 shares of company stock valued at $838,698 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Mid-America Apartment Communities

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Elevation Point Wealth Partners LLC bought a new stake in shares of Mid-America Apartment Communities during the 2nd quarter worth $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in Mid-America Apartment Communities during the second quarter worth about $26,000. Tobam bought a new stake in Mid-America Apartment Communities in the third quarter worth about $26,000. Physician Wealth Advisors Inc. boosted its stake in Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 75 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC purchased a new position in Mid-America Apartment Communities in the third quarter valued at about $33,000. 93.60% of the stock is owned by institutional investors.

Mid-America Apartment Communities Stock Performance

NYSE MAA opened at $132.21 on Monday. The company has a market capitalization of $15.48 billion, a price-to-earnings ratio of 34.98, a PEG ratio of 3.79 and a beta of 0.79. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities has a twelve month low of $125.75 and a twelve month high of $173.38. The stock has a fifty day simple moving average of $135.10 and a 200 day simple moving average of $136.87.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The company had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The company’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $2.23 EPS. 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. Sell-side analysts expect that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were paid a $1.53 dividend. This represents a $6.12 annualized dividend and a yield of 4.6%. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date of this dividend was Thursday, January 15th. Mid-America Apartment Communities’s payout ratio is presently 161.90%.

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.