Research Analysts Issue Forecasts for MAA FY2025 Earnings

Mid-America Apartment Communities, Inc. (NYSE:MAA) – Research analysts at Wedbush decreased their FY2025 earnings per share estimates for shares of Mid-America Apartment Communities in a research report issued on Monday, February 10th. Wedbush analyst R. Anderson now expects that the real estate investment trust will earn $8.78 per share for the year, down from their previous estimate of $8.80. The consensus estimate for Mid-America Apartment Communities’ current full-year earnings is $8.86 per share. Wedbush also issued estimates for Mid-America Apartment Communities’ FY2026 earnings at $9.18 EPS.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $2.23 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $1.19. Mid-America Apartment Communities had a return on equity of 8.53% and a net margin of 24.03%.

A number of other research firms have also commented on MAA. Morgan Stanley raised shares of Mid-America Apartment Communities from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $159.50 to $168.00 in a report on Friday, January 24th. JMP Securities reiterated a “market outperform” rating and issued a $160.00 price objective on shares of Mid-America Apartment Communities in a report on Tuesday. Mizuho reduced their target price on Mid-America Apartment Communities from $163.00 to $159.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. BMO Capital Markets lowered their price target on Mid-America Apartment Communities from $157.00 to $155.00 and set a “market perform” rating for the company in a research note on Tuesday, January 21st. Finally, KeyCorp upgraded shares of Mid-America Apartment Communities from a “sector weight” rating to an “overweight” rating and set a $180.00 price target on the stock in a research report on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Mid-America Apartment Communities currently has a consensus rating of “Hold” and an average target price of $166.00.

Mid-America Apartment Communities Stock Down 0.5 %

Shares of NYSE:MAA opened at $156.00 on Wednesday. The company has a 50 day moving average of $153.43 and a 200-day moving average of $155.59. Mid-America Apartment Communities has a one year low of $121.51 and a one year high of $167.39. The stock has a market cap of $18.23 billion, a price-to-earnings ratio of 34.82, a P/E/G ratio of 2.56 and a beta of 0.91. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.08 and a quick ratio of 0.09.

Institutional Investors Weigh In On Mid-America Apartment Communities

Institutional investors have recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new stake in shares of Mid-America Apartment Communities in the third quarter valued at approximately $25,000. Activest Wealth Management acquired a new position in Mid-America Apartment Communities during the third quarter worth $32,000. Catalyst Capital Advisors LLC bought a new position in Mid-America Apartment Communities in the third quarter valued at $37,000. IFP Advisors Inc increased its stake in Mid-America Apartment Communities by 37.2% in the 4th quarter. IFP Advisors Inc now owns 251 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 68 shares during the last quarter. Finally, Quarry LP bought a new stake in Mid-America Apartment Communities during the 3rd quarter worth about $45,000. Institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a $1.515 dividend. This represents a $6.06 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend was Wednesday, January 15th. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.47. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 135.27%.

Mid-America Apartment Communities Company Profile

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.