Mid-America Apartment Communities (NYSE:MAA) Price Target Raised to $141.00 at Cantor Fitzgerald

Mid-America Apartment Communities (NYSE:MAA) had its target price raised by Cantor Fitzgerald from $137.00 to $141.00 in a report released on Monday,Benzinga reports. They currently have a neutral rating on the real estate investment trust’s stock.

Other research analysts have also recently issued reports about the stock. Wells Fargo & Company dropped their price objective on shares of Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating for the company in a research note on Tuesday, November 25th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Monday, December 29th. Wall Street Zen cut Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. Truist Financial decreased their price objective on Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating on the stock in a research note on Monday, November 10th. Finally, Piper Sandler dropped their price objective on Mid-America Apartment Communities from $153.00 to $140.00 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Nine investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $154.63.

Mid-America Apartment Communities Trading Up 1.1%

Shares of MAA stock opened at $133.55 on Monday. The stock has a market cap of $15.64 billion, a P/E ratio of 35.33, a P/E/G 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 fifty-two week low of $125.75 and a fifty-two week high of $173.38. The business has a fifty day simple moving average of $135.07 and a 200-day simple moving average of $136.75.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate of $2.22 by ($1.74). Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business had revenue of $555.56 million during the quarter, compared to analysts’ expectations of $556.80 million. During the same quarter in the prior year, the firm earned $2.23 earnings per share. Mid-America Apartment Communities’s quarterly revenue was up 1.0% on a year-over-year basis. 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, analysts forecast 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 disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were paid a dividend of $1.53 per share. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.6%. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. Mid-America Apartment Communities’s dividend payout ratio is currently 161.90%.

Insider Transactions at Mid-America Apartment Communities

In related news, EVP Adrian Hill purchased 758 shares of the business’s stock in a transaction on Friday, December 12th. The shares were bought at an average price of $131.83 per share, with a total value of $99,927.14. Following the completion of the purchase, the executive vice president directly owned 48,766 shares in the company, valued at approximately $6,428,821.78. This trade represents a 1.58% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of Mid-America Apartment Communities stock in a transaction on 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 owned 49,745 shares in the company, valued at approximately $6,876,251.35. This trade represents a 9.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,079 shares of company stock worth $838,698 in the last three months. Company insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in MAA. Norges Bank acquired a new stake in Mid-America Apartment Communities during the second quarter worth about $795,893,000. Viking Global Investors LP purchased a new stake in shares of Mid-America Apartment Communities during the 3rd quarter worth about $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Mid-America Apartment Communities by 621.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock worth $168,805,000 after purchasing an additional 1,040,525 shares in the last quarter. Daiwa Securities Group Inc. increased its position in Mid-America Apartment Communities by 461.9% during the 2nd quarter. Daiwa Securities Group Inc. now owns 721,418 shares of the real estate investment trust’s stock worth $106,777,000 after purchasing an additional 593,020 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Mid-America Apartment Communities by 30.6% in the second quarter. Invesco Ltd. now owns 1,835,408 shares of the real estate investment trust’s stock valued at $271,659,000 after buying an additional 430,398 shares during the period. 93.60% of the stock is owned by hedge funds and other institutional investors.

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.