Wells Fargo & Company Issues Positive Forecast for Mid-America Apartment Communities (NYSE:MAA) Stock Price

Mid-America Apartment Communities (NYSE:MAA) had its target price raised by Wells Fargo & Company from $140.00 to $148.00 in a research note released on Wednesday,Benzinga reports. They currently have an overweight rating on the real estate investment trust’s stock.

A number of other research analysts also recently weighed in on MAA. Piper Sandler upped their price objective on shares of Mid-America Apartment Communities from $140.00 to $143.00 and gave the stock a “neutral” rating in a research report on Tuesday. Mizuho lifted their price target on Mid-America Apartment Communities from $148.00 to $152.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. Scotiabank increased their price target on Mid-America Apartment Communities from $129.00 to $137.00 and gave the stock a “sector underperform” rating in a research report on Thursday, July 9th. Wall Street Zen lowered Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Finally, Cantor Fitzgerald cut their price objective on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $145.25.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $131.56 on Wednesday. The firm has a market cap of $15.31 billion, a price-to-earnings ratio of 39.87 and a beta of 0.74. Mid-America Apartment Communities has a 52-week low of $120.30 and a 52-week high of $153.93. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The company’s 50 day moving average is $134.49 and its 200 day moving average is $131.89.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. During the same quarter in the prior year, the business posted $2.20 EPS. The business’s revenue for the quarter was up .8% compared to the same quarter last year. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. On average, sell-side analysts anticipate that Mid-America Apartment Communities will post 8.51 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be paid a $1.53 dividend. This represents a $6.12 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio is currently 185.45%.

Insiders Place Their Bets

In other Mid-America Apartment Communities news, Director Tamara D. Fischer bought 1,100 shares of the stock in a transaction on Thursday, May 21st. The shares were bought at an average price of $128.55 per share, with a total value of $141,405.00. Following the purchase, the director directly owned 1,100 shares in the company, valued at $141,405. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Mid-America Apartment Communities

Large investors have recently made changes to their positions in the stock. Tema ETFs LLC boosted its position in shares of Mid-America Apartment Communities by 76.7% during the 2nd quarter. Tema ETFs LLC now owns 2,486 shares of the real estate investment trust’s stock valued at $345,000 after acquiring an additional 1,079 shares during the last quarter. LifeGoal Investments LLC acquired a new stake in Mid-America Apartment Communities during the second quarter worth about $255,000. Elevation Wealth Partners LLC increased its position in Mid-America Apartment Communities by 593.1% during the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 172 shares during the last quarter. Czech National Bank raised its stake in Mid-America Apartment Communities by 4.1% during the second quarter. Czech National Bank now owns 33,128 shares of the real estate investment trust’s stock worth $4,603,000 after purchasing an additional 1,291 shares during the period. Finally, Fermata Advisors LLC purchased a new position in Mid-America Apartment Communities during the second quarter worth about $201,000. 93.60% of the stock is currently 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.