Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives $162.41 Average PT from Analysts

Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) have earned a consensus rating of “Hold” from the seventeen research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $162.5294.

A number of brokerages have recently commented on MAA. Barclays cut their target price on shares of Mid-America Apartment Communities from $172.00 to $156.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 12th. Morgan Stanley dropped their price target on shares of Mid-America Apartment Communities from $177.00 to $169.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. Scotiabank dropped their price target on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set a “sector outperform” rating on the stock in a research note on Thursday, August 14th. KeyCorp dropped their price target on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. Finally, Wells Fargo & Company dropped their price target on shares of Mid-America Apartment Communities from $173.00 to $156.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 27th.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $139.32 on Friday. The company’s fifty day simple moving average is $144.88 and its 200-day simple moving average is $153.11. Mid-America Apartment Communities has a 52 week low of $137.32 and a 52 week high of $173.38. 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 market cap of $16.31 billion, a PE ratio of 28.67, a P/E/G ratio of 3.76 and a beta of 0.78.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $552.19 million. During the same quarter last year, the firm posted $2.22 EPS. The business’s revenue for the quarter 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. As a group, equities research analysts anticipate that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Mid-America Apartment Communities Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a dividend of $1.0625 per share. This represents a $4.25 annualized dividend and a yield of 3.1%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 124.69%.

Institutional Investors Weigh In On Mid-America Apartment Communities

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MAA. Elevation Point Wealth Partners LLC purchased a new stake in Mid-America Apartment Communities during the 2nd quarter worth $25,000. Caitong International Asset Management Co. Ltd acquired a new position in Mid-America Apartment Communities during the 2nd quarter worth $26,000. Larson Financial Group LLC grew its holdings in Mid-America Apartment Communities by 107.1% during the 1st 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 acquired a new position in Mid-America Apartment Communities during the 1st quarter worth $29,000. Finally, Sound Income Strategies LLC grew its holdings in Mid-America Apartment Communities by 972.2% during the 2nd 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. Hedge funds and other institutional investors own 93.60% of the company’s stock.

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.