Mid-America Apartment Communities (NYSE:MAA) Given New $156.00 Price Target at Morgan Stanley

Mid-America Apartment Communities (NYSE:MAA) had its price target reduced by Morgan Stanley from $164.00 to $156.00 in a report issued on Monday,Benzinga reports. They currently have an overweight rating on the real estate investment trust’s stock.

A number of other equities research analysts also recently issued reports on MAA. Colliers Securities downgraded shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Citigroup dropped their target price on shares of Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Evercore cut their price target on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating for the company in a report on Monday, December 15th. Truist Financial decreased their price objective on shares of Mid-America Apartment Communities from $146.00 to $142.00 and set a “buy” rating on the stock in a research note on Tuesday, March 10th. Finally, KeyCorp lowered their price objective on shares of 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. Eight equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $150.16.

Mid-America Apartment Communities Price Performance

Shares of NYSE MAA opened at $126.38 on Monday. The stock has a market capitalization of $14.77 billion, a PE ratio of 33.43, a P/E/G ratio of 2.11 and a beta of 0.79. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. The business has a fifty day moving average price of $133.88 and a two-hundred day moving average price of $135.03. Mid-America Apartment Communities has a fifty-two week low of $125.75 and a fifty-two week high of $169.42.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The company had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. During the same quarter in the previous year, the company posted $2.23 earnings per share. The business’s revenue was up 1.0% compared to the same quarter last year. 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. As a group, equities analysts predict that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were issued a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.8%. 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 dividend payout ratio (DPR) is currently 161.90%.

Insider Buying and Selling

In other news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 3,799 shares in the company, 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 is accessible through this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total transaction of $750,035.98. Following the transaction, the executive vice president owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. This represents a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 6,079 shares of company stock worth $838,698. 1.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MAA. World Investment Advisors boosted its holdings in shares of Mid-America Apartment Communities by 7.3% during the 4th quarter. World Investment Advisors now owns 2,064 shares of the real estate investment trust’s stock valued at $287,000 after acquiring an additional 141 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new position in Mid-America Apartment Communities in the 4th quarter worth about $32,000. Corient Private Wealth LLC raised its position in Mid-America Apartment Communities by 95.9% in the fourth quarter. Corient Private Wealth LLC now owns 17,503 shares of the real estate investment trust’s stock valued at $2,432,000 after purchasing an additional 8,569 shares during the last quarter. Hsbc Holdings PLC raised its position in Mid-America Apartment Communities by 8.4% in the fourth quarter. Hsbc Holdings PLC now owns 430,624 shares of the real estate investment trust’s stock valued at $59,848,000 after purchasing an additional 33,307 shares during the last quarter. Finally, Tobam boosted its stake in shares of Mid-America Apartment Communities by 2,676.9% during the fourth quarter. Tobam now owns 5,165 shares of the real estate investment trust’s stock valued at $717,000 after purchasing an additional 4,979 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Mid-America Apartment Communities Company 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.