Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives Consensus Recommendation of “Hold” from Brokerages

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been assigned a consensus rating of “Hold” from the twenty research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $142.31.

Several equities analysts recently weighed in on the stock. Scotiabank cut their target price on shares of Mid-America Apartment Communities from $134.00 to $125.00 and set a “sector underperform” rating for the company in a research note on Thursday, September 17th. Wall Street Zen downgraded shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Saturday. BNP Paribas Exane upgraded Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Mizuho decreased their target price on Mid-America Apartment Communities from $152.00 to $140.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 8th. Finally, Jefferies Financial Group raised Mid-America Apartment Communities to a “hold” rating in a research note on Wednesday, July 22nd.

Mid-America Apartment Communities Stock Down 0.1%

Mid-America Apartment Communities stock opened at $118.27 on Tuesday. The stock has a market cap of $13.72 billion, a PE ratio of 34.58 and a beta of 0.73. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.09 and a current ratio of 0.09. Mid-America Apartment Communities has a one year low of $116.67 and a one year high of $144.41. The stock has a fifty day moving average of $128.96 and a 200 day moving average of $129.94.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The company had revenue of $555.13 million for the quarter, compared to the consensus estimate of $556.18 million. During the same quarter last year, the firm posted $2.15 earnings per share. The firm’s revenue was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. As a group, sell-side analysts predict that Mid-America Apartment Communities will post 8.51 EPS for the current year.

Mid-America Apartment Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be paid a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Thursday, October 15th. Mid-America Apartment Communities’s payout ratio is presently 178.95%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MAA. BlackRock Inc. bought a new stake in shares of Mid-America Apartment Communities in the second quarter worth $1,820,661,000. Norges Bank bought a new position in Mid-America Apartment Communities during the 4th quarter valued at $750,603,000. Geode Capital Management LLC boosted its stake in Mid-America Apartment Communities by 1.2% during the 4th 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 acquiring an additional 40,028 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Mid-America Apartment Communities by 3.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,772,445 shares of the real estate investment trust’s stock worth $216,450,000 after acquiring an additional 63,519 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Mid-America Apartment Communities during the 2nd quarter worth $175,377,000. 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 self-administered and self-managed real estate investment trust that owns, operates, acquires and develops multifamily apartment communities. The company focuses primarily on conventional apartment properties and generates revenue through leasing residential units to individuals and families.

MAA’s portfolio is concentrated in the Sun Belt region of the United States, including markets across the Southeast, Southwest and parts of the South Central United States.