Mid-America Apartment Communities (NYSE:MAA) Downgraded to “Hold” Rating by Jefferies Financial Group

Jefferies Financial Group lowered shares of Mid-America Apartment Communities (NYSE:MAA) from a strong-buy rating to a hold rating in a research report released on Tuesday,Zacks.com reports.

A number of other equities analysts have also weighed in on MAA. Morgan Stanley boosted their target price on Mid-America Apartment Communities from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 10th. UBS Group decreased their price objective on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Scotiabank increased their price objective on shares of Mid-America Apartment Communities from $129.00 to $137.00 and gave the company a “sector underperform” rating in a research report on Thursday, July 9th. Finally, Mizuho raised their target price on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a report on Wednesday, June 10th. Eight research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $144.40.

Mid-America Apartment Communities Stock Down 1.6%

Mid-America Apartment Communities stock opened at $133.78 on Tuesday. The firm has a market cap of $15.57 billion, a price-to-earnings ratio of 40.54 and a beta of 0.74. The stock has a fifty day simple moving average of $134.11 and a two-hundred day simple moving average of $132.14. Mid-America Apartment Communities has a 12 month low of $120.30 and a 12 month high of $153.93. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly 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. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. During the same period in the prior year, the company posted $2.20 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. 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. Equities analysts predict that Mid-America Apartment Communities will post 8.5 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be given a $1.53 dividend. This represents a $6.12 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 185.45%.

Insider Activity

In other news, Director Tamara D. Fischer purchased 1,100 shares of the business’s stock in a transaction on Thursday, May 21st. The stock was acquired at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the purchase, the director directly owned 1,100 shares in the company, valued at $141,405. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Mid-America Apartment Communities

Institutional investors have recently made changes to their positions in the business. Physician Wealth Advisors Inc. boosted its holdings in Mid-America Apartment Communities by 65.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 75 shares during the last quarter. Values First Advisors Inc. raised its holdings in shares of Mid-America Apartment Communities by 0.5% during the first quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock valued at $1,889,000 after acquiring an additional 82 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Mid-America Apartment Communities by 9.6% during the fourth quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock valued at $145,000 after acquiring an additional 91 shares during the last quarter. New Mexico Educational Retirement Board lifted its position in shares of Mid-America Apartment Communities by 1.9% in the fourth quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock valued at $750,000 after acquiring an additional 100 shares in the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of Mid-America Apartment Communities by 1.5% in the fourth quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock valued at $974,000 after acquiring an additional 102 shares in the last quarter. Institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Company Profile

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.