Mid-America Apartment Communities (NYSE:MAA) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Mid-America Apartment Communities (NYSE:MAA) to a hold rating in a research note published on Wednesday morning,Zacks.com reports.

A number of other research analysts have also recently weighed in on MAA. UBS Group dropped their target price on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Wall Street Zen lowered shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Scotiabank lifted their price target on shares of Mid-America Apartment Communities from $129.00 to $137.00 and gave the stock a “sector underperform” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. started coverage on Mid-America Apartment Communities in a research note on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price objective on the stock. Finally, Wells Fargo & Company increased their price objective on Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an “overweight” rating in a report on Wednesday. Eight investment 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $145.25.

Mid-America Apartment Communities Trading Up 0.8%

Shares of Mid-America Apartment Communities stock opened at $133.82 on Wednesday. The firm has a market cap of $15.58 billion, a PE ratio of 40.55 and a beta of 0.74. Mid-America Apartment Communities has a 1 year low of $120.30 and a 1 year high of $152.35. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13. The stock has a fifty day moving average price of $134.76 and a 200-day moving average price of $131.86.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The company had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The firm’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.20 EPS. 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. Equities research analysts anticipate that Mid-America Apartment Communities will post 8.51 EPS for the current year.

Mid-America Apartment Communities Dividend Announcement

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

Insider Buying and Selling at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, Director Tamara D. Fischer bought 1,100 shares of Mid-America Apartment Communities stock in a transaction dated Thursday, May 21st. The stock was purchased at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the purchase, the director directly owned 1,100 shares of the company’s stock, valued at approximately $141,405. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MAA. Physician Wealth Advisors Inc. lifted its position 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 acquiring an additional 75 shares in the last quarter. Elevation Wealth Partners LLC grew its position in shares of Mid-America Apartment Communities by 593.1% in the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 172 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in Mid-America Apartment Communities in the 4th quarter worth about $32,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Mid-America Apartment Communities during the third quarter valued at about $33,000. Finally, Root Financial Partners LLC boosted its position in shares of Mid-America Apartment Communities by 3,100.0% in the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 279 shares during the period. 93.60% of the stock is owned by institutional investors.

About Mid-America Apartment Communities

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.