Mid-America Apartment Communities (NYSE:MAA) Price Target Raised to $143.00

Mid-America Apartment Communities (NYSE:MAA) had its price objective hoisted by Piper Sandler from $140.00 to $143.00 in a report published on Tuesday,Benzinga reports. They currently have a neutral rating on the real estate investment trust’s stock.

A number of other equities research analysts have also issued reports on MAA. JPMorgan Chase & Co. began coverage on Mid-America Apartment Communities in a research note on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price target for the company. UBS Group dropped their price objective on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, June 10th. Morgan Stanley boosted their price target on Mid-America Apartment Communities from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 24th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $145.25.

Mid-America Apartment Communities Stock Up 0.9%

NYSE MAA opened at $132.74 on Tuesday. Mid-America Apartment Communities has a 52 week low of $120.30 and a 52 week high of $153.31. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $15.45 billion, a P/E ratio of 40.23 and a beta of 0.74. The stock’s 50-day moving average price is $134.60 and its 200-day moving average price is $131.85.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The company had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. During the same period in the prior year, the firm posted $2.20 EPS. The firm’s quarterly revenue was up .8% compared to the same quarter last year. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. On average, equities research analysts predict that Mid-America Apartment Communities will post 8.51 earnings per share for the current year.

Mid-America Apartment Communities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities’s dividend payout ratio is currently 185.45%.

Insider Activity at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer purchased 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the transaction, the director owned 1,100 shares in the company, valued at approximately $141,405. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Mid-America Apartment Communities

Institutional investors have recently modified their holdings of the stock. Tema ETFs LLC increased its position in shares of Mid-America Apartment Communities by 76.7% during the 2nd quarter. Tema ETFs LLC now owns 2,486 shares of the real estate investment trust’s stock valued at $345,000 after purchasing an additional 1,079 shares during the last quarter. LifeGoal Investments LLC purchased a new stake in Mid-America Apartment Communities during the 2nd quarter valued at $255,000. Elevation Wealth Partners LLC lifted its position in Mid-America Apartment Communities by 593.1% in the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 172 shares during the last quarter. Czech National Bank lifted its position in Mid-America Apartment Communities by 4.1% in the second quarter. Czech National Bank now owns 33,128 shares of the real estate investment trust’s stock worth $4,603,000 after buying an additional 1,291 shares during the last quarter. Finally, Fermata Advisors LLC purchased a new position in Mid-America Apartment Communities during the second quarter worth $201,000. 93.60% of the stock is owned by institutional investors.

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.