Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives Average Recommendation of “Hold” from Brokerages

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been assigned an average recommendation of “Hold” from the twenty-three ratings firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $152.95.

A number of analysts recently commented on the stock. Morgan Stanley dropped their target price on shares of Mid-America Apartment Communities from $169.00 to $164.00 and set an “overweight” rating on the stock in a report on Thursday, November 13th. BTIG Research dropped their price target on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a report on Monday. Cantor Fitzgerald increased their price objective on Mid-America Apartment Communities from $137.00 to $141.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Scotiabank reduced their price objective on Mid-America Apartment Communities from $142.00 to $140.00 and set a “sector perform” rating for the company in a research note on Wednesday. Finally, Wells Fargo & Company cut their target price on 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.

Mid-America Apartment Communities Trading Up 0.4%

Shares of Mid-America Apartment Communities stock opened at $134.38 on Friday. The business has a fifty day simple moving average of $135.24 and a 200-day simple moving average of $135.79. Mid-America Apartment Communities has a fifty-two week low of $125.75 and a fifty-two week high of $171.56. The firm has a market cap of $15.71 billion, a price-to-earnings ratio of 35.55, a price-to-earnings-growth ratio of 2.22 and a beta of 0.79. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results 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 the consensus estimate of $556.80 million. During the same quarter last year, the firm posted $2.23 earnings per share. Mid-America Apartment Communities’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. On average, equities analysts forecast that Mid-America Apartment Communities will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 15th were paid a $1.53 dividend. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $6.12 dividend on an annualized basis and a 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 (DPR) is 161.90%.

Insiders Place Their Bets

In other news, EVP Adrian Hill acquired 758 shares of Mid-America Apartment Communities stock in a transaction on Friday, December 12th. The stock was bought at an average cost of $131.83 per share, with a total value of $99,927.14. Following the completion of the purchase, the executive vice president owned 48,766 shares of the company’s stock, valued at $6,428,821.78. This represents a 1.58% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was 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 of the company’s stock, valued at approximately $6,876,251.35. The trade was a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 6,079 shares of company stock worth $838,698. Company insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Mid-America Apartment Communities

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Mid-America Apartment Communities by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock valued at $2,149,000 after purchasing an additional 620 shares in the last quarter. Assetmark Inc. raised its position in Mid-America Apartment Communities by 45.4% during the second quarter. Assetmark Inc. now owns 9,004 shares of the real estate investment trust’s stock valued at $1,333,000 after buying an additional 2,813 shares during the period. Atria Investments Inc lifted its stake in Mid-America Apartment Communities by 48.2% in the 2nd quarter. Atria Investments Inc now owns 5,709 shares of the real estate investment trust’s stock worth $845,000 after acquiring an additional 1,856 shares in the last quarter. Huntington National Bank boosted its position in Mid-America Apartment Communities by 28.5% during the 2nd quarter. Huntington National Bank now owns 1,158 shares of the real estate investment trust’s stock worth $171,000 after acquiring an additional 257 shares during the period. Finally, Fourth Dimension Wealth LLC acquired a new stake in Mid-America Apartment Communities during the 2nd quarter worth about $160,000. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

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.