Mid-America Apartment Communities (NYSE:MAA) Price Target Lowered to $142.00 at Truist Financial

Mid-America Apartment Communities (NYSE:MAA) had its target price trimmed by Truist Financial from $146.00 to $142.00 in a research note issued to investors on Tuesday, MarketBeat reports. The firm currently has a buy rating on the real estate investment trust’s stock.

Several other research analysts have also recently issued reports on MAA. Cantor Fitzgerald increased their price target on Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a “neutral” rating in a research note on Monday, February 9th. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Monday, December 29th. BMO Capital Markets raised shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and upped their price objective for the stock from $150.00 to $158.00 in a report on Friday, January 9th. UBS Group increased their target price on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Finally, Barclays lowered their target price on shares of Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating on the stock in a research note on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $150.58.

Mid-America Apartment Communities Stock Performance

MAA opened at $130.06 on Tuesday. The business’s 50 day moving average is $134.80 and its 200-day moving average is $135.49. The stock has a market cap of $15.20 billion, a PE ratio of 34.41, a price-to-earnings-growth ratio of 2.20 and a beta of 0.79. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities has a twelve month low of $125.75 and a twelve month high of $169.42.

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 analysts’ consensus estimates 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 period last year, the company earned $2.23 earnings per share. The business’s quarterly 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, analysts predict that Mid-America Apartment Communities will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were issued a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date was Thursday, January 15th. Mid-America Apartment Communities’s payout ratio is currently 161.90%.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $138.23, for a total value of $750,035.98. Following the sale, the executive vice president directly owned 49,745 shares in the company, valued at approximately $6,876,251.35. The trade was a 9.83% 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 hyperlink. Also, EVP Amber Fairbanks sold 233 shares of the company’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 completion of the sale, the executive vice president directly owned 3,799 shares of the company’s stock, valued at $518,563.50. The trade was a 5.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,079 shares of company stock valued at $838,698 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Mid-America Apartment Communities

Institutional investors and hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Mid-America Apartment Communities by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock worth $2,149,000 after purchasing an additional 620 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in Mid-America Apartment Communities during the 2nd quarter worth about $65,000. Vestmark Advisory Solutions Inc. acquired a new stake in Mid-America Apartment Communities during the 2nd quarter worth about $205,000. Wedbush Securities Inc. purchased a new stake in Mid-America Apartment Communities during the second quarter valued at about $262,000. Finally, Aviva PLC boosted its holdings in shares of Mid-America Apartment Communities by 1,834.7% in the second quarter. Aviva PLC now owns 87,274 shares of the real estate investment trust’s stock worth $12,917,000 after buying an additional 82,763 shares during the period. Institutional investors and hedge funds own 93.60% of the company’s stock.

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.