Analysts Set Mid-America Apartment Communities, Inc. (NYSE:MAA) PT at $152.95

Mid-America Apartment Communities, Inc. (NYSE:MAA) has earned an average recommendation of “Hold” from the twenty-two analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $150.5789.

Several equities analysts recently weighed in on the stock. Mizuho increased their price target on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. KeyCorp decreased their price objective on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Colliers Securities lowered shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Truist Financial reduced their target price on shares of Mid-America Apartment Communities from $146.00 to $142.00 and set a “buy” rating for the company in a report on Tuesday. Finally, Citigroup decreased their target price on shares of Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research report on Friday, February 13th.

Insider Transactions at Mid-America Apartment Communities

In other news, EVP Amber Fairbanks sold 233 shares of the company’s stock in a transaction dated 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 owned 3,799 shares in the company, valued at $518,563.50. This represents a 5.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the sale, the executive vice president directly owned 49,745 shares in the company, valued at approximately $6,876,251.35. This trade represents a 9.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,079 shares of company stock worth $838,698 over the last quarter. 1.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Mid-America Apartment Communities

Hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in shares of Mid-America Apartment Communities by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 18,540,029 shares of the real estate investment trust’s stock valued at $2,744,110,000 after purchasing an additional 101,397 shares during the period. State Street Corp boosted its holdings in Mid-America Apartment Communities by 1.6% during the third quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock worth $1,134,520,000 after buying an additional 125,130 shares in the last quarter. Norges Bank acquired a new stake in Mid-America Apartment Communities during the fourth quarter valued at $750,603,000. Viking Global Investors LP increased its holdings in Mid-America Apartment Communities by 46.7% in the fourth quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock valued at $538,977,000 after buying an additional 1,234,966 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Mid-America Apartment Communities by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock valued at $473,977,000 after buying an additional 40,028 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Performance

Shares of MAA opened at $130.06 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. The stock has a 50-day moving average of $134.80 and a two-hundred day moving average of $135.49. The stock has a market cap of $15.20 billion, a P/E ratio of 34.41, a P/E/G ratio of 2.20 and a beta of 0.79. Mid-America Apartment Communities has a one year low of $125.75 and a one year high of $169.42.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The firm had revenue of $555.56 million during the quarter, compared to analyst estimates of $556.80 million. During the same period in the prior year, the company posted $2.23 earnings per share. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. 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. As a group, research analysts predict that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were issued a $1.53 dividend. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. Mid-America Apartment Communities’s payout ratio is presently 161.90%.

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.