Mid-America Apartment Communities (NYSE:MAA) Price Target Cut to $138.00 by Analysts at Scotiabank

Mid-America Apartment Communities (NYSE:MAA) had its target price trimmed by Scotiabank from $140.00 to $138.00 in a research note published on Monday morning,Benzinga reports. The firm currently has a sector perform rating on the real estate investment trust’s stock.

Other equities research analysts have also recently issued research reports about the stock. Mizuho boosted their target price on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Cantor Fitzgerald lifted their price objective on shares of 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. BTIG Research cut their price objective on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, March 2nd. Truist Financial decreased their target price on shares of Mid-America Apartment Communities from $146.00 to $142.00 and set a “buy” rating on the stock in a research report on Tuesday, March 10th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Monday, December 29th. Eight 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 stock. Based on data from MarketBeat, Mid-America Apartment Communities presently has an average rating of “Hold” and an average target price of $150.05.

Mid-America Apartment Communities Stock Up 0.5%

MAA stock opened at $122.42 on Monday. Mid-America Apartment Communities has a 1-year low of $121.22 and a 1-year high of $169.42. The business’s 50 day simple moving average is $132.70 and its 200 day simple moving average is $134.34. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $14.31 billion, a PE ratio of 32.39 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAA) last announced its 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). The company had revenue of $555.56 million for the quarter, compared to the consensus estimate 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 in the previous year, the firm posted $2.23 EPS. 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. As a group, research analysts anticipate that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Mid-America Apartment Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be given a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Wednesday, April 15th. Mid-America Apartment Communities’s payout ratio is currently 161.90%.

Insider Activity

In related news, EVP Amber Fairbanks sold 233 shares of the company’s stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 3,799 shares in the company, valued at $518,563.50. This represents a 5.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of the stock in a transaction that occurred 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 directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 6,079 shares of company stock valued at $838,698. Insiders own 1.30% of the company’s stock.

Institutional Trading of Mid-America Apartment Communities

A number of hedge funds have recently made changes to their positions in MAA. Purpose Unlimited Inc. bought a new position in shares of Mid-America Apartment Communities during the fourth quarter valued at $238,000. Hsbc Holdings PLC lifted its holdings in shares of Mid-America Apartment Communities by 8.4% during the fourth quarter. Hsbc Holdings PLC now owns 430,624 shares of the real estate investment trust’s stock worth $59,848,000 after purchasing an additional 33,307 shares during the period. Rockefeller Capital Management L.P. grew its stake in shares of Mid-America Apartment Communities by 3.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 6,650 shares of the real estate investment trust’s stock worth $924,000 after purchasing an additional 228 shares during the last quarter. World Investment Advisors grew its stake in shares of Mid-America Apartment Communities by 7.3% in the fourth quarter. World Investment Advisors now owns 2,064 shares of the real estate investment trust’s stock worth $287,000 after purchasing an additional 141 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new stake in Mid-America Apartment Communities in the fourth quarter valued at $32,000. 93.60% of the stock is owned by institutional investors and hedge funds.

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.