Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives $144.19 Consensus Price Target from Analysts

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been assigned an average rating of “Hold” from the twenty brokerages that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $144.75.

Several analysts have recently weighed in on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. BTIG Research cut their price objective on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Citigroup reaffirmed a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 10th. Wall Street Zen raised Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. Finally, Barclays lifted their price objective on Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th.

Mid-America Apartment Communities Stock Performance

Mid-America Apartment Communities stock opened at $132.58 on Friday. Mid-America Apartment Communities has a 12-month low of $120.30 and a 12-month 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 business’s 50-day moving average price is $130.32 and its two-hundred day moving average price is $131.68. The stock has a market cap of $15.43 billion, a PE ratio of 40.18 and a beta of 0.76.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $1.30. The firm had revenue of $553.73 million for the quarter, compared to analysts’ expectations of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The business’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.20 earnings per share. 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. As a group, analysts expect that Mid-America Apartment Communities will post 8.5 earnings per share for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The business 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 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is currently 185.45%.

Insider Buying and Selling

In related news, Director Tamara D. Fischer acquired 1,100 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average cost of $128.55 per share, with a total value of $141,405.00. Following the completion of the purchase, the director directly owned 1,100 shares in the company, valued at $141,405. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Amber Fairbanks sold 711 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the completion of the transaction, the executive vice president directly owned 4,471 shares in the company, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 1,039 shares of company stock worth $129,594. 0.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Mid-America Apartment Communities

Several institutional investors have recently added to or reduced their stakes in MAA. Empowered Funds LLC increased its stake in Mid-America Apartment Communities by 48.1% during the 1st quarter. Empowered Funds LLC now owns 4,596 shares of the real estate investment trust’s stock valued at $561,000 after purchasing an additional 1,492 shares in the last quarter. EMG Holdings L.P. raised its position in Mid-America Apartment Communities by 40.3% in the 1st quarter. EMG Holdings L.P. now owns 34,800 shares of the real estate investment trust’s stock valued at $4,250,000 after buying an additional 10,000 shares during the last quarter. Bank of America Corp DE raised its position in Mid-America Apartment Communities by 11.5% in the 1st quarter. Bank of America Corp DE now owns 841,563 shares of the real estate investment trust’s stock valued at $102,772,000 after buying an additional 87,091 shares during the last quarter. Bull Harbor Capital LLC purchased a new stake in Mid-America Apartment Communities in the 1st quarter valued at $489,000. Finally, Amundi raised its position in Mid-America Apartment Communities by 46.9% in the 1st quarter. Amundi now owns 517,233 shares of the real estate investment trust’s stock valued at $63,164,000 after buying an additional 165,122 shares during the last quarter. 93.60% of the stock is owned by institutional investors and hedge funds.

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.