Key Points
- Amber Fairbanks, MAA EVP, sold 233 shares at an average price of $136.50 on Jan. 6 for $31,804.50, reducing her holding by 5.78% to 3,799 shares (valued ≈ $518,563).
- Mid‑America raised its quarterly dividend to $1.53 per share (annualized $6.12), yielding about 4.4% with an ex‑dividend date of Jan. 15 and a payout ratio of 128.39%.
- MAA missed quarterly EPS by $0.01, set FY2025 guidance of 8.68–8.80 EPS (analysts’ average ~8.84), trades at a PE of ~29.3 with a market cap of ~$16.2B, and carries an average analyst rating of "Hold" (avg target $154.89).
Mid-America Apartment Communities, Inc. (NYSE:MAA - Get Free Report) EVP Amber Fairbanks sold 233 shares of the company's stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total transaction of $31,804.50. Following the completion of the transaction, the executive vice president directly owned 3,799 shares of the company's stock, valued at $518,563.50. This represents a 5.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.
Mid-America Apartment Communities Trading Up 0.6%
Shares of MAA stock opened at $138.23 on Wednesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.06 and a current ratio of 0.06. The stock has a fifty day simple moving average of $133.37 and a two-hundred day simple moving average of $139.34. The firm has a market capitalization of $16.18 billion, a PE ratio of 29.29, a PEG ratio of 3.90 and a beta of 0.78. Mid-America Apartment Communities, Inc. has a 52-week low of $125.75 and a 52-week high of $173.38.
Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $2.16 earnings per share for the quarter, missing analysts' consensus estimates of $2.17 by ($0.01). Mid-America Apartment Communities had a return on equity of 9.14% and a net margin of 25.23%.The business had revenue of $554.37 million during the quarter, compared to the consensus estimate of $557.22 million. During the same period last year, the company earned $2.21 EPS. The business's revenue was up .6% on a year-over-year basis. Mid-America Apartment Communities has set its FY 2025 guidance at 8.680-8.800 EPS and its Q4 2025 guidance at 2.170-2.290 EPS. On average, analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.
Mid-America Apartment Communities Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be given a dividend of $1.53 per share. The ex-dividend date is Thursday, January 15th. This is an increase from Mid-America Apartment Communities's previous quarterly dividend of $1.52. This represents a $6.12 annualized dividend and a dividend yield of 4.4%. Mid-America Apartment Communities's dividend payout ratio (DPR) is 128.39%.
Analyst Upgrades and Downgrades
MAA has been the topic of a number of research reports. BNP Paribas downgraded shares of Mid-America Apartment Communities from a "hold" rating to a "strong sell" rating in a report on Monday, September 29th. Mizuho cut their price objective on Mid-America Apartment Communities from $150.00 to $146.00 and set an "outperform" rating for the company in a research report on Monday, November 24th. Scotiabank downgraded Mid-America Apartment Communities from a "sector outperform" rating to a "sector perform" rating and decreased their target price for the stock from $146.00 to $142.00 in a research report on Friday, December 5th. Evercore ISI dropped their price target on Mid-America Apartment Communities from $144.00 to $143.00 and set an "in-line" rating for the company in a research note on Monday, December 15th. Finally, BTIG Research restated a "buy" rating and set a $160.00 price target on shares of Mid-America Apartment Communities in a report on Friday, December 5th. Eight research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $154.89.
Get Our Latest Report on Mid-America Apartment Communities
Institutional Investors Weigh In On Mid-America Apartment Communities
Several large investors have recently added to or reduced their stakes in the stock. Farmers Trust Co. raised its position in Mid-America Apartment Communities by 4.2% during the fourth quarter. Farmers Trust Co. now owns 27,878 shares of the real estate investment trust's stock valued at $3,873,000 after purchasing an additional 1,121 shares during the period. Ables Iannone Moore & Associates Inc. increased its position in shares of Mid-America Apartment Communities by 36.2% during the 4th quarter. Ables Iannone Moore & Associates Inc. now owns 5,831 shares of the real estate investment trust's stock valued at $810,000 after purchasing an additional 1,549 shares during the last quarter. GoalVest Advisory LLC raised its holdings in Mid-America Apartment Communities by 62.5% during the 4th quarter. GoalVest Advisory LLC now owns 390 shares of the real estate investment trust's stock valued at $54,000 after buying an additional 150 shares during the period. Davis Selected Advisers raised its holdings in Mid-America Apartment Communities by 14.7% during the 3rd quarter. Davis Selected Advisers now owns 60,860 shares of the real estate investment trust's stock valued at $8,504,000 after buying an additional 7,810 shares during the period. Finally, Allworth Financial LP lifted its position in Mid-America Apartment Communities by 10.4% in the third quarter. Allworth Financial LP now owns 33,258 shares of the real estate investment trust's stock worth $4,647,000 after buying an additional 3,146 shares during the last quarter. 93.60% of the stock is owned by institutional investors.
Mid-America Apartment Communities Company Profile
(
Get Free Report)
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.
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