Zacks Research Has Pessimistic Outlook of MAA Q4 Earnings

Mid-America Apartment Communities, Inc. (NYSE:MAA) – Analysts at Zacks Research reduced their Q4 2027 earnings per share (EPS) estimates for Mid-America Apartment Communities in a research report issued to clients and investors on Monday, March 2nd. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings of $2.31 per share for the quarter, down from their previous forecast of $2.32. The consensus estimate for Mid-America Apartment Communities’ current full-year earnings is $8.84 per share.

MAA has been the topic of a number of other reports. KeyCorp reduced their price target on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Monday, December 29th. Citigroup decreased their price target on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Royal Bank Of Canada lowered their price target on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a report on Friday, February 6th. Finally, Wells Fargo & Company dropped their price target on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 25th. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $152.95.

Mid-America Apartment Communities Trading Up 0.4%

NYSE:MAA opened at $134.38 on Wednesday. The stock has a market capitalization of $15.71 billion, a price-to-earnings ratio of 35.55, a PEG ratio of 2.22 and a beta of 0.79. Mid-America Apartment Communities has a 52 week low of $125.75 and a 52 week high of $171.56. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. The firm has a 50 day moving average of $135.24 and a 200 day moving average of $135.79.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The firm had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. During the same quarter in the prior year, the business posted $2.23 earnings per share. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. 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.

Mid-America Apartment Communities Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were issued a $1.53 dividend. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Thursday, January 15th. Mid-America Apartment Communities’s dividend payout ratio is currently 161.90%.

Insider Activity

In other Mid-America Apartment Communities news, EVP Adrian Hill purchased 758 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average price of $131.83 per share, for a total transaction of $99,927.14. Following the acquisition, the executive vice president owned 48,766 shares in the company, valued at $6,428,821.78. This represents a 1.58% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction that occurred 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 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 6,079 shares of company stock valued at $838,698. Company insiders own 1.20% of the company’s stock.

Institutional Trading of Mid-America Apartment Communities

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its position in Mid-America Apartment Communities by 0.5% during the second quarter. Vanguard Group Inc. now owns 18,540,029 shares of the real estate investment trust’s stock valued at $2,744,110,000 after purchasing an additional 101,397 shares during the period. State Street Corp raised its stake in shares of Mid-America Apartment Communities by 1.6% during the 3rd quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock valued at $1,134,520,000 after buying an additional 125,130 shares during the last quarter. Norges Bank acquired a new position in shares of Mid-America Apartment Communities in the 4th quarter valued at about $750,603,000. Viking Global Investors LP boosted its stake in shares of Mid-America Apartment Communities by 46.7% in the fourth quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock worth $538,977,000 after buying an additional 1,234,966 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Mid-America Apartment Communities by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock worth $473,977,000 after buying an additional 40,028 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Company Profile

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.