Ethic Inc. Increases Stock Position in Mid-America Apartment Communities, Inc. $MAA

Ethic Inc. raised its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 11.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,717 shares of the real estate investment trust’s stock after buying an additional 812 shares during the quarter. Ethic Inc.’s holdings in Mid-America Apartment Communities were worth $1,141,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MAA. Financial Network Wealth Advisors LLC bought a new position in shares of Mid-America Apartment Communities during the first quarter valued at $29,000. Larson Financial Group LLC increased its holdings in shares of Mid-America Apartment Communities by 107.1% during the first quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 91 shares in the last quarter. Sound Income Strategies LLC increased its holdings in shares of Mid-America Apartment Communities by 972.2% during the second quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 175 shares in the last quarter. AlphaQuest LLC bought a new position in shares of Mid-America Apartment Communities during the first quarter valued at $34,000. Finally, Ransom Advisory Ltd bought a new position in shares of Mid-America Apartment Communities during the first quarter valued at $36,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Trading Down 0.3%

Mid-America Apartment Communities stock opened at $134.03 on Monday. The business has a 50-day simple moving average of $139.37 and a two-hundred day simple moving average of $147.87. The company has a market cap of $15.69 billion, a P/E ratio of 27.58, a P/E/G ratio of 3.58 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 52-week low of $131.17 and a 52-week 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.

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

Mid-America Apartment Communities Increases Dividend

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

Wall Street Analysts Forecast Growth

MAA has been the subject of several analyst reports. Wall Street Zen downgraded Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Sunday. Barclays reduced their price target on Mid-America Apartment Communities from $156.00 to $155.00 and set an “equal weight” rating for the company in a report on Tuesday, September 30th. Weiss Ratings restated a “hold (c)” rating on shares of Mid-America Apartment Communities in a report on Saturday. UBS Group reduced their price objective on Mid-America Apartment Communities from $149.00 to $142.00 and set a “sell” rating for the company in a report on Tuesday, July 15th. Finally, Evercore ISI reduced their price objective on Mid-America Apartment Communities from $154.00 to $153.00 and set an “in-line” rating for the company in a report on Monday, October 13th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and an average price target of $161.78.

About Mid-America Apartment Communities

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.