Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives $162.41 Average Price Target from Analysts

by · The Cerbat Gem

Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Get Free Report) have been given a consensus recommendation of “Hold” by the seventeen ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $162.5294.

Several equities research analysts recently weighed in on MAA shares. Raymond James Financial cut Mid-America Apartment Communities from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 24th. Royal Bank Of Canada reduced their price objective on shares of Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating for the company in a research report on Friday, August 1st. Morgan Stanley lowered their target price on shares of Mid-America Apartment Communities from $177.00 to $169.00 and set an “overweight” rating for the company in a report on Wednesday, August 13th. Wall Street Zen lowered shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, KeyCorp reduced their price target on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th.

Check Out Our Latest Stock Analysis on MAA

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $139.32 on Friday. The company has a market cap of $16.31 billion, a P/E ratio of 28.67, a PEG ratio of 3.76 and a beta of 0.78. The firm has a fifty day moving average price of $144.88 and a 200 day moving average price of $153.11. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.83. Mid-America Apartment Communities has a 12 month low of $137.32 and a 12 month high of $173.38.

Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.01. The company had revenue of $549.90 million during the quarter, compared to the consensus estimate of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.Mid-America Apartment Communities’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the previous year, the business earned $2.22 EPS. Mid-America Apartment Communities has set its Q3 2025 guidance at 2.080-2.240 EPS. FY 2025 guidance at 8.650-8.890 EPS. Sell-side analysts predict that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $1.0625 dividend. This represents a $4.25 dividend on an annualized basis and a dividend yield of 3.1%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 124.69%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC acquired a new stake in shares of Mid-America Apartment Communities in the second quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in Mid-America Apartment Communities in the 2nd quarter valued at $26,000. Larson Financial Group LLC boosted its stake in Mid-America Apartment Communities by 107.1% during the 1st quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 91 shares during the period. Financial Network Wealth Advisors LLC purchased a new position in Mid-America Apartment Communities during the 1st quarter worth $29,000. Finally, Sound Income Strategies LLC grew its position in Mid-America Apartment Communities by 972.2% during the 2nd quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 175 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Company Profile

(Get Free Report)

Mid-America Apartment Communities, Inc is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the Same Store and Non-Same Store segments. The Same Store Communities segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year.

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