Kiker Wealth Management LLC Has $583,000 Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Kiker Wealth Management LLC raised its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 91.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,942 shares of the real estate investment trust’s stock after buying an additional 1,878 shares during the quarter. Kiker Wealth Management LLC’s holdings in Mid-America Apartment Communities were worth $583,000 at the end of the most recent reporting period.

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

Mid-America Apartment Communities Price Performance

NYSE MAA opened at $134.49 on Tuesday. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.83. The company has a fifty day simple moving average of $140.64 and a 200 day simple moving average of $149.48. The company has a market cap of $15.74 billion, a P/E ratio of 27.67, a P/E/G ratio of 3.60 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 1 year low of $133.28 and a 1 year high of $173.38.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $549.90 million during the quarter, compared to the consensus estimate of $552.19 million. During the same period in the prior year, the firm earned $2.22 EPS. Mid-America Apartment Communities’s quarterly 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, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have commented on MAA. BNP Paribas downgraded shares of Mid-America Apartment Communities from a “hold” rating to a “strong sell” rating in a research report on Monday, September 29th. BNP Paribas Exane downgraded shares of Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a research report on Monday, September 29th. KeyCorp decreased their target price on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Mizuho raised shares of Mid-America Apartment Communities from a “neutral” rating to an “outperform” rating and decreased their price objective for the stock from $161.00 to $150.00 in a report on Thursday, August 14th. Finally, UBS Group decreased their price objective on shares of 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. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target 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.