Mid-America Apartment Communities, Inc. $MAA Stock Position Boosted by REAP Financial Group LLC

REAP Financial Group LLC boosted its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 184.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 250 shares of the real estate investment trust’s stock after buying an additional 162 shares during the period. REAP Financial Group LLC’s holdings in Mid-America Apartment Communities were worth $37,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MAA. Smartleaf Asset Management LLC lifted its stake in Mid-America Apartment Communities by 6.8% during the first quarter. Smartleaf Asset Management LLC now owns 1,021 shares of the real estate investment trust’s stock valued at $169,000 after buying an additional 65 shares in the last quarter. Alhambra Investment Management LLC lifted its position in shares of Mid-America Apartment Communities by 3.1% in the first quarter. Alhambra Investment Management LLC now owns 2,166 shares of the real estate investment trust’s stock worth $363,000 after purchasing an additional 66 shares in the last quarter. Stephens Inc. AR lifted its position in shares of Mid-America Apartment Communities by 2.6% in the first quarter. Stephens Inc. AR now owns 2,762 shares of the real estate investment trust’s stock worth $463,000 after purchasing an additional 70 shares in the last quarter. Ables Iannone Moore & Associates Inc. lifted its position in shares of Mid-America Apartment Communities by 2.7% in the second quarter. Ables Iannone Moore & Associates Inc. now owns 2,683 shares of the real estate investment trust’s stock worth $397,000 after purchasing an additional 70 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its position in shares of Mid-America Apartment Communities by 3.5% in the first quarter. Avantax Advisory Services Inc. now owns 2,353 shares of the real estate investment trust’s stock worth $394,000 after purchasing an additional 80 shares in the last quarter. Institutional investors own 93.60% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MAA. The Goldman Sachs Group lowered shares of Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 price target for the company. in a research report on Friday, July 11th. KeyCorp reduced their price target on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. BNP Paribas lowered shares of Mid-America Apartment Communities from a “hold” rating to a “strong sell” rating in a research report on Monday, September 29th. UBS Group reduced their price target on shares of Mid-America Apartment Communities from $149.00 to $142.00 and set a “sell” rating for the company in a research report on Tuesday, July 15th. Finally, BNP Paribas Exane lowered shares of Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a research report on Monday, September 29th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Mid-America Apartment Communities currently has a consensus rating of “Hold” and an average price target of $161.78.

Mid-America Apartment Communities Price Performance

Shares of MAA opened at $135.87 on Thursday. The firm has a market cap of $15.91 billion, a PE ratio of 27.96, a PEG ratio of 3.64 and a beta of 0.77. The firm’s 50 day moving average price is $141.00 and its 200 day moving average price is $150.30. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.10 and a current ratio of 0.10. Mid-America Apartment Communities, Inc. has a twelve month low of $134.97 and a twelve month high of $173.38.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.01. The firm had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The company’s revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the firm earned $2.22 earnings per share. Mid-America Apartment Communities has set its Q3 2025 guidance at 2.080-2.240 EPS. FY 2025 guidance at 8.650-8.890 EPS. As a group, research analysts expect that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be given a $1.515 dividend. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. This represents a $6.06 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, October 15th. Mid-America Apartment Communities’s payout ratio is 124.69%.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the Same Store and Non-Same Store segments. The Same Store Communities segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year.