Mid-America Apartment Communities (NYSE:MAA) Releases FY 2025 Earnings Guidance

Mid-America Apartment Communities (NYSE:MAA) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 8.610-8.930 for the period, compared to the consensus earnings per share estimate of 8.870. The company issued revenue guidance of -. Mid-America Apartment Communities also updated its Q1 2025 guidance to 2.080-2.240 EPS.

Wall Street Analyst Weigh In

Several analysts have issued reports on MAA shares. Royal Bank of Canada reduced their price target on shares of Mid-America Apartment Communities from $169.00 to $165.00 and set a “sector perform” rating on the stock in a report on Friday, November 1st. Wells Fargo & Company lowered their target price on Mid-America Apartment Communities from $174.00 to $164.00 and set an “overweight” rating on the stock in a report on Friday, January 24th. Scotiabank reduced their price objective on Mid-America Apartment Communities from $174.00 to $173.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 14th. Barclays cut their target price on shares of Mid-America Apartment Communities from $166.00 to $152.00 and set an “equal weight” rating for the company in a research note on Friday, January 24th. Finally, BMO Capital Markets lowered their price target on shares of Mid-America Apartment Communities from $157.00 to $155.00 and set a “market perform” rating for the company in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $166.00.

Mid-America Apartment Communities Stock Up 0.4 %

NYSE MAA traded up $0.67 during mid-day trading on Thursday, reaching $157.54. 249,365 shares of the company’s stock traded hands, compared to its average volume of 659,898. The company has a fifty day simple moving average of $153.89 and a 200-day simple moving average of $155.10. Mid-America Apartment Communities has a 1-year low of $121.51 and a 1-year high of $167.39. The company has a market cap of $18.41 billion, a price-to-earnings ratio of 35.56, a P/E/G ratio of 2.46 and a beta of 0.91. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.80.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $2.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $1.19. Mid-America Apartment Communities had a net margin of 23.84% and a return on equity of 8.38%. As a group, equities research analysts expect that Mid-America Apartment Communities will post 8.89 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a dividend of $1.515 per share. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.47. This represents a $6.06 annualized dividend and a dividend yield of 3.85%. The ex-dividend date of this dividend was Wednesday, January 15th. Mid-America Apartment Communities’s dividend payout ratio is currently 136.79%.

About Mid-America Apartment Communities

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.