Mid-America Apartment Communities (NYSE:MAA) Sets New 1-Year Low on Analyst Downgrade

Mid-America Apartment Communities, Inc. (NYSE:MAA) shares hit a new 52-week low during mid-day trading on Tuesday after Scotiabank lowered their price target on the stock from $140.00 to $138.00. Scotiabank currently has a sector perform rating on the stock. Mid-America Apartment Communities traded as low as $121.07 and last traded at $122.7910, with a volume of 134385 shares. The stock had previously closed at $122.39.

MAA has been the topic of several other reports. Wells Fargo & Company lowered their price objective on shares of Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 25th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Monday, December 29th. Morgan Stanley decreased their target price on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. BMO Capital Markets raised Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and raised their price target for the stock from $150.00 to $158.00 in a report on Friday, January 9th. Finally, BTIG Research reduced their price objective on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Eight research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $150.05.

Insider Transactions at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the sale, the executive vice president owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. The trade was a 5.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Robert J. Delpriore sold 5,426 shares of the stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the completion of the transaction, the executive vice president directly owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. This trade represents a 9.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 6,079 shares of company stock worth $838,698. 1.30% of the stock is owned by insiders.

Institutional Trading of Mid-America Apartment Communities

A number of institutional investors have recently bought and sold shares of MAA. Elevation Point Wealth Partners LLC purchased a new position in shares of Mid-America Apartment Communities in the second quarter valued at $25,000. Tobam purchased a new stake in shares of Mid-America Apartment Communities in the 3rd quarter worth about $26,000. Physician Wealth Advisors Inc. boosted its position in shares of Mid-America Apartment Communities by 65.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 75 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new stake in Mid-America Apartment Communities in the 4th quarter valued at about $32,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Mid-America Apartment Communities in the third quarter valued at approximately $33,000. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Stock Performance

The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $14.22 billion, a PE ratio of 32.19 and a beta of 0.79. The stock’s 50 day moving average price is $132.44 and its two-hundred day moving average price is $134.17.

Mid-America Apartment Communities (NYSE:MAA) last posted its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (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 analysts’ expectations of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. Mid-America Apartment Communities’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, equities analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be paid a dividend of $1.53 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 5.0%. Mid-America Apartment Communities’s dividend payout ratio (DPR) 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.