Mid-America Apartment Communities, Inc. (NYSE:MAA - Get Free Report) EVP Aubrey Clay Holder sold 145 shares of the firm's stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $124.73, for a total value of $18,085.85. Following the sale, the executive vice president directly owned 13,679 shares of the company's stock, valued at $1,706,181.67. This represents a 1.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Aubrey Clay Holder also recently made the following trade(s):
- On Thursday, January 8th, Aubrey Clay Holder sold 73 shares of Mid-America Apartment Communities stock. The shares were sold at an average price of $134.98, for a total value of $9,853.54.
- On Tuesday, January 6th, Aubrey Clay Holder sold 51 shares of Mid-America Apartment Communities stock. The stock was sold at an average price of $136.50, for a total value of $6,961.50.
Mid-America Apartment Communities Stock Down 0.1%
NYSE:MAA opened at $124.80 on Tuesday. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $169.00. The company has a market cap of $14.59 billion, a price-to-earnings ratio of 33.02 and a beta of 0.80. The stock has a fifty day simple moving average of $130.13 and a 200-day simple moving average of $132.96. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93.
Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing the consensus estimate of $2.22 by ($1.74). Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. During the same quarter last year, the business posted $2.23 earnings per share. The firm's revenue for the quarter was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. Analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.
Mid-America Apartment Communities Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be given a dividend of $1.53 per share. This represents a $6.12 annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Wednesday, April 15th. Mid-America Apartment Communities's dividend payout ratio (DPR) is 161.90%.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on MAA. Truist Financial decreased their target price on Mid-America Apartment Communities from $142.00 to $136.00 and set a "buy" rating for the company in a research report on Tuesday, March 31st. Royal Bank Of Canada decreased their target price on Mid-America Apartment Communities from $138.00 to $136.00 and set a "sector perform" rating for the company in a research report on Friday, February 6th. BTIG Research decreased their target price on Mid-America Apartment Communities from $160.00 to $150.00 and set a "buy" rating for the company in a research report on Monday, March 2nd. BMO Capital Markets upgraded Mid-America Apartment Communities from a "hold" rating to an "outperform" rating and lifted their target price for the stock from $150.00 to $158.00 in a research report on Friday, January 9th. Finally, Colliers Securities downgraded Mid-America Apartment Communities from a "moderate buy" rating to a "hold" rating in a research report on Monday, February 9th. Eight analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $149.74.
Check Out Our Latest Stock Report on MAA
Hedge Funds Weigh In On Mid-America Apartment Communities
Several institutional investors have recently made changes to their positions in the company. Purpose Unlimited Inc. purchased a new position in shares of Mid-America Apartment Communities during the fourth quarter valued at $238,000. Hsbc Holdings PLC increased its stake in shares of Mid-America Apartment Communities by 8.4% during the fourth quarter. Hsbc Holdings PLC now owns 430,624 shares of the real estate investment trust's stock valued at $59,848,000 after buying an additional 33,307 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of Mid-America Apartment Communities by 3.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 6,650 shares of the real estate investment trust's stock valued at $924,000 after buying an additional 228 shares during the period. World Investment Advisors increased its stake in shares of Mid-America Apartment Communities by 7.3% during the fourth quarter. World Investment Advisors now owns 2,064 shares of the real estate investment trust's stock valued at $287,000 after buying an additional 141 shares during the period. Finally, Nalls Sherbakoff Group LLC purchased a new position in shares of Mid-America Apartment Communities during the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 93.60% of the company's stock.
About Mid-America Apartment Communities
(
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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