Mid-America Apartment Communities, Inc. $MAA Stock Position Increased by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC lifted its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 0.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 61,829 shares of the real estate investment trust’s stock after buying an additional 520 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Mid-America Apartment Communities worth $9,151,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Financial Network Wealth Advisors LLC bought a new stake in shares of Mid-America Apartment Communities in the 1st quarter worth $29,000. Larson Financial Group LLC raised its position in shares of Mid-America Apartment Communities by 107.1% during the first quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 91 shares during the period. Sound Income Strategies LLC raised its position in shares of Mid-America Apartment Communities by 972.2% during the second quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 175 shares during the period. AlphaQuest LLC acquired a new stake in shares of Mid-America Apartment Communities during the first quarter worth $34,000. Finally, Ransom Advisory Ltd acquired a new stake in shares of Mid-America Apartment Communities during the first quarter worth $36,000. Institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $132.71 on Monday. Mid-America Apartment Communities, Inc. has a 1-year low of $131.17 and a 1-year 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 capitalization of $15.54 billion, a price-to-earnings ratio of 27.31, a P/E/G ratio of 3.55 and a beta of 0.77. The stock’s fifty day simple moving average is $139.94 and its 200-day simple moving average is $148.52.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.01. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The business had revenue of $549.90 million for the quarter, compared to the consensus estimate of $552.19 million. During the same quarter in the previous year, the company posted $2.22 earnings per share. Mid-America Apartment Communities’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. On average, sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a $1.515 dividend. This represents a $6.06 dividend on an annualized basis and a yield of 4.6%. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.06. The ex-dividend date is Wednesday, October 15th. Mid-America Apartment Communities’s dividend payout ratio is presently 124.69%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MAA. Wells Fargo & Company boosted their target price on Mid-America Apartment Communities from $156.00 to $157.00 and gave the stock an “overweight” rating in a research report on Monday, October 13th. Mizuho raised Mid-America Apartment Communities from a “neutral” rating to an “outperform” rating and cut their target price for the stock from $161.00 to $150.00 in a research report on Thursday, August 14th. Morgan Stanley cut their target price on 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. UBS Group cut their target price on Mid-America Apartment Communities from $149.00 to $142.00 and set a “sell” rating on the stock in a research report on Tuesday, July 15th. Finally, Royal Bank Of Canada lowered their price target on Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $161.78.

Mid-America Apartment Communities 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.