Mid-America Apartment Communities (NYSE:MAA) Cut to Hold at Colliers Securities

Colliers Securities cut shares of Mid-America Apartment Communities (NYSE:MAA) from a moderate buy rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

MAA has been the topic of several other research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Monday, December 29th. BMO Capital Markets upgraded Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and boosted their price target for the company from $150.00 to $158.00 in a research report on Friday, January 9th. Piper Sandler reduced their target price on shares of Mid-America Apartment Communities from $153.00 to $140.00 and set a “neutral” rating for the company in a research note on Monday, November 3rd. Wall Street Zen cut Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research report on Sunday, October 26th. Finally, BTIG Research reiterated a “buy” rating and issued a $160.00 price objective on shares of Mid-America Apartment Communities in a research report on Friday, December 5th. Nine research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Mid-America Apartment Communities currently has a consensus rating of “Hold” and a consensus price target of $153.84.

Mid-America Apartment Communities Stock Performance

MAA opened at $136.04 on Monday. The firm has a market capitalization of $15.90 billion, a PE ratio of 35.99, a P/E/G ratio of 2.26 and a beta of 0.79. The firm has a 50 day moving average of $135.12 and a two-hundred day moving average of $136.63. Mid-America Apartment Communities has a 12-month low of $125.75 and a 12-month high of $173.38. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly 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 firm had revenue of $555.56 million for the quarter, compared to analysts’ expectations of $556.80 million. Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the company posted $2.23 earnings per share. 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 anticipate that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were given a dividend of $1.53 per share. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Thursday, January 15th. Mid-America Apartment Communities’s payout ratio is currently 161.90%.

Insiders Place Their Bets

In related news, EVP Robert J. Delpriore sold 5,426 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the completion of the sale, the executive vice president directly owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. This represents a 9.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Adrian Hill bought 758 shares of the business’s stock in a transaction on Friday, December 12th. The stock was bought at an average price of $131.83 per share, with a total value of $99,927.14. Following the transaction, the executive vice president owned 48,766 shares in the company, valued at approximately $6,428,821.78. This represents a 1.58% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders sold 6,079 shares of company stock worth $838,698. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Elevation Point Wealth Partners LLC bought a new stake in Mid-America Apartment Communities during the 2nd quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd bought a new position 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 valued at $26,000. Physician Wealth Advisors Inc. raised its stake 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 valued at $26,000 after acquiring an additional 75 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities in the third quarter worth $33,000. Institutional investors and hedge funds own 93.60% of the company’s stock.

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.