Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) – Zacks Research decreased their Q2 2025 earnings estimates for shares of Mid-America Apartment Communities in a report issued on Wednesday, October 16th. Zacks Research analyst R. Department now expects that the real estate investment trust will post earnings per share of $2.24 for the quarter, down from their previous estimate of $2.25. The consensus estimate for Mid-America Apartment Communities’ current full-year earnings is $8.88 per share.
A number of other research firms also recently weighed in on MAA. Truist Financial upped their target price on Mid-America Apartment Communities from $156.00 to $167.00 and gave the stock a “buy” rating in a research report on Monday, August 26th. Scotiabank raised their target price on Mid-America Apartment Communities from $161.00 to $174.00 and gave the company a “sector perform” rating in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft lifted their target price on Mid-America Apartment Communities from $139.00 to $163.00 and gave the stock a “hold” rating in a report on Tuesday, September 10th. Wedbush upped their price target on shares of Mid-America Apartment Communities from $154.00 to $184.00 and gave the company an “outperform” rating in a report on Monday, August 5th. Finally, UBS Group lifted their price objective on shares of Mid-America Apartment Communities from $131.00 to $140.00 and gave the stock a “sell” rating in a research note on Thursday, July 18th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $159.91.
Mid-America Apartment Communities Trading Up 1.1 %
Shares of NYSE:MAA opened at $154.59 on Friday. The company has a 50 day moving average of $158.19 and a 200-day moving average of $144.32. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 0.76. The firm has a market cap of $18.06 billion, a P/E ratio of 32.41, a P/E/G ratio of 2.47 and a beta of 0.88. Mid-America Apartment Communities has a twelve month low of $115.56 and a twelve month high of $167.39.
Mid-America Apartment Communities Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a dividend of $1.47 per share. This represents a $5.88 annualized dividend and a dividend yield of 3.80%. The ex-dividend date is Tuesday, October 15th. Mid-America Apartment Communities’s dividend payout ratio is currently 123.27%.
Institutional Investors Weigh In On Mid-America Apartment Communities
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP lifted its holdings in shares of Mid-America Apartment Communities by 323.8% during the 4th quarter. Wellington Management Group LLP now owns 40,385 shares of the real estate investment trust’s stock valued at $5,430,000 after buying an additional 30,855 shares during the last quarter. Miller Howard Investments Inc. NY lifted its stake in shares of Mid-America Apartment Communities by 9.9% in the 1st quarter. Miller Howard Investments Inc. NY now owns 197,478 shares of the real estate investment trust’s stock valued at $25,984,000 after purchasing an additional 17,765 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its holdings in Mid-America Apartment Communities by 172.5% in the first quarter. Ashton Thomas Private Wealth LLC now owns 16,154 shares of the real estate investment trust’s stock worth $2,126,000 after purchasing an additional 10,227 shares in the last quarter. Illinois Municipal Retirement Fund increased its position in Mid-America Apartment Communities by 531.5% during the first quarter. Illinois Municipal Retirement Fund now owns 44,317 shares of the real estate investment trust’s stock worth $5,831,000 after buying an additional 37,299 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its position in shares of Mid-America Apartment Communities by 12.8% in the second quarter. QRG Capital Management Inc. now owns 30,516 shares of the real estate investment trust’s stock worth $4,352,000 after buying an additional 3,451 shares during the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.
About Mid-America Apartment Communities
MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States.
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