Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives $161.78 Consensus Price Target from Analysts

Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) have been given an average recommendation of “Hold” by the twenty-one research firms that are covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $161.7778.

MAA has been the topic of a number of analyst reports. Mizuho upgraded shares of Mid-America Apartment Communities from a “neutral” rating to an “outperform” rating and decreased their target price for the stock from $161.00 to $150.00 in a research report on Thursday, August 14th. Raymond James Financial lowered shares of Mid-America Apartment Communities from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 24th. Cantor Fitzgerald initiated coverage on shares of Mid-America Apartment Communities in a research report on Wednesday, October 1st. They set a “neutral” rating and a $150.00 target price on the stock. BNP Paribas Exane lowered shares of Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a research report on Monday, September 29th. Finally, Morgan Stanley reduced 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 report on Wednesday, August 13th.

Mid-America Apartment Communities Stock Performance

Shares of NYSE:MAA opened at $134.49 on Tuesday. The company’s 50 day moving average price is $140.64 and its two-hundred day moving average price is $149.48. Mid-America Apartment Communities has a 12-month low of $133.28 and a 12-month high of $173.38. The firm has a market cap of $15.74 billion, a PE ratio of 27.67, a PEG ratio of 3.60 and a beta of 0.77. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.83.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. During the same quarter in the prior year, the business posted $2.22 EPS. The business’s 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. Equities research analysts predict that Mid-America Apartment Communities will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Wednesday, October 15th will be given a dividend of $1.515 per share. The ex-dividend date is Wednesday, October 15th. This represents a $6.06 annualized dividend and a dividend yield of 4.5%. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 124.69%.

Institutional Trading of Mid-America Apartment Communities

Large investors have recently made changes to their positions in the company. Elevation Point Wealth Partners LLC acquired a new stake in shares of Mid-America Apartment Communities during the 2nd quarter worth approximately $25,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Mid-America Apartment Communities during the 2nd quarter worth approximately $26,000. Larson Financial Group LLC boosted its position in shares of 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 stake in shares of Mid-America Apartment Communities during the 1st quarter worth approximately $29,000. Finally, Sound Income Strategies LLC boosted its position in shares of 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. Institutional investors and hedge funds own 93.60% of the company’s stock.

About Mid-America Apartment Communities

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.