Mid-America Apartment Communities, Inc. $MAA Shares Acquired by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC lifted its holdings in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 12.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,116 shares of the real estate investment trust’s stock after acquiring an additional 5,977 shares during the period. Baker Ellis Asset Management LLC’s holdings in Mid-America Apartment Communities were worth $6,609,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Physician Wealth Advisors Inc. lifted its holdings in shares of Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 75 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in Mid-America Apartment Communities in the 4th quarter valued at $32,000. Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities in the 3rd quarter valued at $33,000. Hurley Capital LLC increased its stake in Mid-America Apartment Communities by 70.4% in the 4th quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 112 shares during the period. Finally, Fulcrum Asset Management LLP acquired a new position in Mid-America Apartment Communities in the 3rd quarter valued at $46,000. 93.60% of the stock is owned by institutional investors and hedge funds.

Mid-America Apartment Communities Stock Performance

NYSE:MAA opened at $132.21 on Tuesday. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $153.93. The stock has a market cap of $15.39 billion, a PE ratio of 40.06 and a beta of 0.76. The firm’s fifty day simple moving average is $130.46 and its 200-day simple moving average is $131.64.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. The firm had revenue of $553.73 million during 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%. The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last 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. Analysts expect that Mid-America Apartment Communities, Inc. will post 8.5 earnings per share for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $1.53 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.6%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 185.45%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Barclays raised their target price on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Wall Street Zen upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. Morgan Stanley cut their price target on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a report on Monday, March 16th. Cantor Fitzgerald reduced their price objective on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Finally, Truist Financial raised their price objective on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $144.75.

Insider Buying and Selling

In related news, EVP Amber Fairbanks sold 711 shares of the company’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 $88,683.03. Following the sale, the executive vice president owned 4,471 shares in the company, valued at $557,667.83. This represents a 13.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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. Also, Director Tamara D. Fischer acquired 1,100 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was purchased at an average cost of $128.55 per share, with a total value of $141,405.00. Following the completion of the purchase, the director directly owned 1,100 shares in the company, valued at $141,405. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,039 shares of company stock valued at $129,594. Insiders own 0.60% 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.