Mid-America Apartment Communities (NYSE:MAA) EVP Amber Fairbanks Sells 711 Shares of Stock

Mid-America Apartment Communities, Inc. (NYSE:MAA) EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the transaction, the executive vice president directly owned 4,471 shares of the company’s stock, valued at $557,667.83. This represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amber Fairbanks also recently made the following trade(s):

• On Thursday, January 8th, Amber Fairbanks sold 185 shares of Mid-America Apartment Communities stock. The shares were sold at an average price of $134.98, for a total value of $24,971.30.
• On Tuesday, January 6th, Amber Fairbanks sold 233 shares of Mid-America Apartment Communities stock. The shares were sold at an average price of $136.50, for a total value of $31,804.50.

Mid-America Apartment Communities Trading Down 0.1%

Shares of MAA opened at $124.80 on Tuesday. The stock has a fifty day moving average price of $130.13 and a two-hundred day moving average price of $132.96. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. Mid-America Apartment Communities, Inc. has a 52-week low of $120.30 and a 52-week high of $169.00. The company has a market cap of $14.59 billion, a price-to-earnings ratio of 33.02 and a beta of 0.80.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. During the same quarter in the previous year, the firm posted $2.23 EPS. The company’s revenue for the quarter 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. Analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be paid a $1.53 dividend. 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 4.9%. Mid-America Apartment Communities’s payout ratio is currently 161.90%.

Institutional Investors Weigh In On Mid-America Apartment Communities

Large investors have recently bought and sold shares of the company. Tobam bought a new stake in Mid-America Apartment Communities in the third quarter valued at approximately $26,000. Physician Wealth Advisors Inc. increased its holdings in shares of 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 worth $26,000 after acquiring an additional 75 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of Mid-America Apartment Communities in the fourth quarter worth about $32,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Mid-America Apartment Communities in the third quarter worth about $33,000. Finally, Sentry Investment Management LLC bought a new stake in shares of Mid-America Apartment Communities in the third quarter worth about $36,000. Institutional investors own 93.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MAA. Evercore dropped their target price on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating for the company in a research note on Monday, December 15th. 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. Cantor Fitzgerald boosted their target price on Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Friday, March 27th. Finally, Mizuho boosted their target price on Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $149.74.

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.