Mid-America Apartment Communities, Inc. (NYSE:MAA) Stock Has Average Target Price of $139.56 According to Brokerages

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been given an average rating of “Hold” by the twenty-one analysts that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $137.82.

A number of analysts have recently commented on the stock. Scotiabank cut their price objective on shares of Mid-America Apartment Communities from $134.00 to $125.00 and set a “sector underperform” rating on the stock in a research report on Thursday, September 17th. UBS Group decreased their target price on shares of Mid-America Apartment Communities from $129.00 to $123.00 and set a “neutral” rating for the company in a research report on Wednesday, October 14th. Mizuho decreased their target price on shares of Mid-America Apartment Communities from $152.00 to $140.00 and set an “outperform” rating for the company in a research report on Tuesday, September 8th. KeyCorp reiterated an “overweight” rating on shares of Mid-America Apartment Communities in a research note on Tuesday, September 29th. Finally, Morgan Stanley cut their price target on shares of Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 12th.

Mid-America Apartment Communities Stock Down 1.2%

NYSE:MAA opened at $119.76 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.09 and a current ratio of 0.09. The company has a market cap of $13.89 billion, a PE ratio of 35.02 and a beta of 0.75. Mid-America Apartment Communities has a 52-week low of $113.95 and a 52-week high of $144.41. The stock has a 50-day simple moving average of $122.67 and a 200 day simple moving average of $128.95.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%. The business had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. During the same quarter last year, the firm earned $2.15 EPS. Mid-America Apartment Communities’s revenue for the quarter 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. On average, sell-side analysts expect that Mid-America Apartment Communities will post 8.51 EPS for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be issued a $1.53 dividend. The ex-dividend date is Thursday, October 15th. This represents a $6.12 annualized dividend and a dividend yield of 5.1%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 178.95%.

Institutional Trading of Mid-America Apartment Communities

A number of hedge funds and other institutional investors have recently modified their holdings of MAA. Elevation Wealth Partners LLC grew its stake 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 valued at $28,000 after purchasing an additional 172 shares in the last quarter. Raiffeisen Bank International AG increased its position in shares of Mid-America Apartment Communities by 116.7% during the 2nd quarter. Raiffeisen Bank International AG now owns 221 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 119 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of Mid-America Apartment Communities during the 4th quarter worth approximately $32,000. Root Financial Partners LLC bought a new stake in shares of Mid-America Apartment Communities during the 3rd quarter worth approximately $34,000. Finally, Transamerica Financial Advisors LLC bought a new stake in shares of Mid-America Apartment Communities during the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc (NYSE: MAA) is a real estate investment trust that owns, operates and develops multifamily apartment communities. Its portfolio is focused primarily on conventional apartment housing, with properties offering a range of floor plans and amenities designed for individual renters, couples and families.

MAA concentrates its operations in high-growth markets across the Sun Belt, including communities in the Southeast, Southwest and Mid-Atlantic regions of the United States.