Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives $150.05 Consensus Target Price from Analysts

Mid-America Apartment Communities, Inc. (NYSE:MAA) has earned a consensus recommendation of “Hold” from the twenty-two brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $149.7368.

Several research firms recently weighed in on MAA. Citigroup decreased their price objective on shares of Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. BMO Capital Markets raised shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and lifted their price target for the stock from $150.00 to $158.00 in a research note on Friday, January 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. UBS Group upped their price target on Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Finally, Barclays dropped their target price on shares of Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating for the company in a research report on Friday, March 6th.

Mid-America Apartment Communities Trading Up 1.9%

Shares of MAA opened at $124.89 on Tuesday. Mid-America Apartment Communities has a twelve month low of $120.30 and a twelve month high of $169.00. The stock has a market cap of $14.60 billion, a PE ratio of 33.04 and a beta of 0.80. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. The business’s 50-day moving average price is $130.55 and its 200-day moving average price is $133.27.

Mid-America Apartment Communities (NYSE:MAA) last posted its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($1.74). The firm had revenue of $555.56 million during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.23 earnings per share. 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. On average, equities analysts forecast that Mid-America Apartment Communities will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be given a dividend of $1.53 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $6.12 annualized dividend and a yield of 4.9%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 161.90%.

Insider Activity at Mid-America Apartment Communities

In other news, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the sale, the executive vice president directly owned 3,799 shares of the company’s stock, valued at $518,563.50. The trade was a 5.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last quarter, insiders have sold 653 shares of company stock worth $88,662. Insiders own 1.20% of the company’s stock.

Institutional Trading of Mid-America Apartment Communities

A number of institutional investors and hedge funds have recently modified their holdings of the business. Appleton Partners Inc. MA bought a new stake in Mid-America Apartment Communities in the 3rd quarter worth approximately $915,000. Algebris UK Ltd. bought a new position in shares of Mid-America Apartment Communities during the 3rd quarter valued at $14,461,000. Exchange Traded Concepts LLC lifted its holdings in shares of Mid-America Apartment Communities by 85.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 28,639 shares of the real estate investment trust’s stock valued at $4,002,000 after buying an additional 13,198 shares during the period. Illinois Municipal Retirement Fund boosted its stake in shares of Mid-America Apartment Communities by 71.8% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 85,518 shares of the real estate investment trust’s stock worth $11,949,000 after buying an additional 35,740 shares during the last quarter. Finally, Centersquare Investment Management LLC grew its holdings in shares of Mid-America Apartment Communities by 43.4% in the third quarter. Centersquare Investment Management LLC now owns 178,050 shares of the real estate investment trust’s stock worth $24,879,000 after acquiring an additional 53,900 shares during the period. Institutional investors own 93.60% of the company’s stock.

About Mid-America Apartment Communities

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.