Mid-America Apartment Communities, Inc. $MAA Stake Lifted by RFG Advisory LLC

RFG Advisory LLC raised its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 1.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,170 shares of the real estate investment trust’s stock after buying an additional 201 shares during the period. RFG Advisory LLC’s holdings in Mid-America Apartment Communities were worth $1,801,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in MAA. GAMMA Investing LLC boosted its holdings in Mid-America Apartment Communities by 34.6% during the first quarter. GAMMA Investing LLC now owns 3,467 shares of the real estate investment trust’s stock worth $581,000 after buying an additional 892 shares in the last quarter. SG Americas Securities LLC boosted its holdings in Mid-America Apartment Communities by 94.1% during the first quarter. SG Americas Securities LLC now owns 6,229 shares of the real estate investment trust’s stock worth $1,044,000 after buying an additional 3,020 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Mid-America Apartment Communities by 1.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 61,218 shares of the real estate investment trust’s stock worth $10,259,000 after buying an additional 613 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in Mid-America Apartment Communities by 327.9% during the first quarter. Exchange Traded Concepts LLC now owns 6,037 shares of the real estate investment trust’s stock worth $1,012,000 after buying an additional 4,626 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its holdings in Mid-America Apartment Communities by 0.8% during the first quarter. QRG Capital Management Inc. now owns 50,935 shares of the real estate investment trust’s stock worth $8,536,000 after buying an additional 393 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Stock Down 1.2%

MAA stock opened at $132.16 on Thursday. Mid-America Apartment Communities, Inc. has a 12-month low of $131.60 and a 12-month high of $173.38. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.83. The company has a market cap of $15.47 billion, a price-to-earnings ratio of 27.19, a PEG ratio of 3.58 and a beta of 0.77. The company has a 50 day moving average of $140.31 and a two-hundred day moving average of $149.25.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.01. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The company had revenue of $549.90 million during the quarter, compared to the consensus estimate of $552.19 million. During the same quarter in the prior year, the firm earned $2.22 EPS. The company’s revenue was up .6% compared to the same quarter last year. 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. On average, equities analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be given a $1.515 dividend. This represents a $6.06 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Wednesday, October 15th. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. Mid-America Apartment Communities’s payout ratio is currently 124.69%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Morgan Stanley reduced their target price on shares of Mid-America Apartment Communities from $177.00 to $169.00 and set an “overweight” rating for the company in a report on Wednesday, August 13th. KeyCorp decreased their price objective on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set an “overweight” rating for the company in a research note on Wednesday, August 13th. Barclays decreased their price objective on shares of Mid-America Apartment Communities from $156.00 to $155.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 30th. Wells Fargo & Company raised their price objective on shares of Mid-America Apartment Communities from $156.00 to $157.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, Wall Street Zen lowered shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $161.78.

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.