Brokerages Set Mid-America Apartment Communities, Inc. (NYSE:MAA) Price Target at $150.05

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been assigned an average recommendation of “Hold” from the twenty-two research firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $149.7368.

Several research firms have recently weighed in on MAA. Colliers Securities downgraded Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Truist Financial decreased their target price on Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Scotiabank decreased their target price on Mid-America Apartment Communities from $140.00 to $138.00 and set a “sector perform” rating on the stock in a research report on Monday, March 23rd. KeyCorp decreased their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Finally, Evercore decreased their target price on Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating on the stock in a research report on Monday, December 15th.

Insider Buying and Selling at Mid-America Apartment Communities

In other news, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares in the company, valued at $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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. Insiders sold a total of 1,350 shares of company stock valued at $171,573 in the last quarter. Company insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Mid-America Apartment Communities

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Appleton Partners Inc. MA purchased a new position in Mid-America Apartment Communities during the third quarter worth approximately $915,000. Algebris UK Ltd. purchased a new position in Mid-America Apartment Communities during the third quarter worth approximately $14,461,000. Exchange Traded Concepts LLC lifted its position in Mid-America Apartment Communities by 85.5% during the third quarter. Exchange Traded Concepts LLC now owns 28,639 shares of the real estate investment trust’s stock worth $4,002,000 after buying an additional 13,198 shares in the last quarter. Illinois Municipal Retirement Fund lifted its position in Mid-America Apartment Communities by 71.8% during the third 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 in the last quarter. Finally, Wealthfront Advisers LLC lifted its position in Mid-America Apartment Communities by 42.7% during the third quarter. Wealthfront Advisers LLC now owns 31,122 shares of the real estate investment trust’s stock worth $4,349,000 after buying an additional 9,318 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Down 0.1%

Shares of MAA opened at $124.80 on Tuesday. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities has a 12 month low of $120.30 and a 12 month high of $169.00. The stock’s 50 day moving average is $130.13 and its two-hundred day moving average is $132.96. The firm has a market cap of $14.59 billion, a P/E ratio of 33.02 and a beta of 0.80.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 EPS for the quarter, missing the consensus estimate 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 business had revenue of $555.56 million during the quarter, compared to analyst estimates of $556.80 million. During the same period in the previous year, the business 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. Analysts predict that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

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

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.