Key Points
- Director Tamara Fischer bought 1,100 shares of Mid-America Apartment Communities at $128.55 each, investing about $141,405 and increasing her stake to 1,100 shares.
- The company beat earnings expectations in its latest quarter, reporting $2.13 EPS versus the $0.83 consensus estimate, while revenue came in near expectations and rose slightly year over year.
- MAA declared a quarterly dividend of $1.53 per share, implying a 4.7% yield, though its payout ratio is high at 185.45%.
Mid-America Apartment Communities, Inc. (NYSE:MAA - Get Free Report) Director Tamara Fischer acquired 1,100 shares of the firm'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 of the company's stock, valued at $141,405. The trade was a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link.
Mid-America Apartment Communities Stock Down 0.2%
MAA stock opened at $129.99 on Friday. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. The company's 50 day moving average is $126.24 and its 200 day moving average is $131.30. The stock has a market cap of $15.13 billion, a price-to-earnings ratio of 39.39 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $157.57.
Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, topping the consensus estimate of $0.83 by $1.30. The company had revenue of $553.73 million for the quarter, compared to analysts' expectations of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. Mid-America Apartment Communities's revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.20 earnings per share. 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. Sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current fiscal year.
Mid-America Apartment Communities Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a $1.53 dividend. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Wednesday, July 15th. Mid-America Apartment Communities's dividend payout ratio is 185.45%.
Analyst Ratings Changes
MAA has been the topic of several research analyst reports. Scotiabank restated a "sector underperform" rating and issued a $120.00 price objective (down from $138.00) on shares of Mid-America Apartment Communities in a research report on Thursday, May 14th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. Colliers Securities lowered Mid-America Apartment Communities from a "moderate buy" rating to a "hold" rating in a research note on Monday, February 9th. BTIG Research cut 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 note on Monday, March 2nd. Finally, Wells Fargo & Company cut their target price on Mid-America Apartment Communities from $150.00 to $140.00 and set an "overweight" rating for the company in a research note on Thursday, April 23rd. Seven research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $143.44.
Read Our Latest Research Report on Mid-America Apartment Communities
Institutional Trading of Mid-America Apartment Communities
A number of institutional investors have recently made changes to their positions in MAA. Norges Bank purchased a new stake in shares of Mid-America Apartment Communities during the fourth quarter valued at approximately $750,603,000. Viking Global Investors LP purchased a new stake in shares of Mid-America Apartment Communities during the third quarter valued at approximately $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Mid-America Apartment Communities by 621.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust's stock valued at $168,805,000 after purchasing an additional 1,040,525 shares during the period. Millennium Management LLC boosted its stake in shares of Mid-America Apartment Communities by 3,129.2% during the fourth quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust's stock valued at $102,525,000 after purchasing an additional 715,209 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Mid-America Apartment Communities by 30.5% during the fourth quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust's stock valued at $282,105,000 after purchasing an additional 474,989 shares during the period. Hedge funds and other institutional investors own 93.60% of the company's stock.
Mid-America Apartment Communities News Summary
Here are the key news stories impacting Mid-America Apartment Communities this week:
- Positive Sentiment: Zacks Research raised its FY2028 EPS estimate for MAA to $9.27 from $9.20, suggesting a more constructive long-term earnings outlook for the apartment REIT.
- Positive Sentiment: Director Tamara D. Fischer bought 1,100 shares at $128.55, a sign of insider confidence that can support investor sentiment.
- Positive Sentiment: MAA declared a quarterly dividend of $1.53 per share, reinforcing its income appeal for REIT investors.
- Positive Sentiment: At the company’s annual meeting, shareholders backed the board and pay plans, reducing near-term governance uncertainty.
- Neutral Sentiment: Several Zacks updates were only modest estimate changes, including a small increase to Q4 2027 EPS and minor adjustments across 2026–2027 periods, which may not materially change near-term valuation.
- Negative Sentiment: Zacks Research trimmed FY2026 and FY2027 EPS estimates and also cut 2026–2027 quarterly forecasts, which could weigh on the stock by signaling slower expected earnings growth in the next couple of years.
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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