Insider Selling: Mid-America Apartment Communities (NYSE:MAA) EVP Sells 711 Shares of Stock

Mid-America Apartment Communities, Inc. (NYSE:MAA) EVP Amber Fairbanks sold 711 shares of the stock in a transaction on Monday, April 6th. The stock was sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the sale, the executive vice president directly owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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.

Amber Fairbanks also recently made the following trade(s):

• On Thursday, January 8th, Amber Fairbanks sold 185 shares of Mid-America Apartment Communities stock. The stock was sold at an average price of $134.98, for a total transaction of $24,971.30.
• On Tuesday, January 6th, Amber Fairbanks sold 233 shares of Mid-America Apartment Communities stock. The stock was sold at an average price of $136.50, for a total value of $31,804.50.

Mid-America Apartment Communities Price Performance

NYSE:MAA traded down $0.08 on Monday, reaching $124.80. 614,855 shares of the company’s stock traded hands, compared to its average volume of 984,985. The stock has a 50-day simple moving average of $130.33 and a 200-day simple moving average of $133.07. Mid-America Apartment Communities, Inc. has a 12 month low of $120.30 and a 12 month high of $169.00. The firm has a market cap of $14.59 billion, a PE ratio of 33.02 and a beta of 0.80. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data 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 return on equity of 7.44% and a net margin of 20.23%.The business had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. During the same period last year, the company earned $2.23 EPS. The business’s 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. Equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current year.

Mid-America Apartment Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be issued a dividend of $1.53 per share. This represents a $6.12 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Wednesday, April 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is 161.90%.

Wall Street Analysts Forecast Growth

MAA has been the topic of several research analyst reports. Scotiabank lowered their target price on shares of Mid-America Apartment Communities from $140.00 to $138.00 and set a “sector perform” rating on the stock in a report on Monday, March 23rd. Cantor Fitzgerald lifted their price target on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Colliers Securities cut shares of Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research note on Monday, February 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. Finally, Morgan Stanley cut their price objective on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, March 16th. Eight research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $149.74.

Institutional Investors Weigh In On Mid-America Apartment Communities

A number of hedge funds have recently bought and sold shares of the business. State Street Corp raised its position 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 in the last quarter. Norges Bank purchased a new position in Mid-America Apartment Communities in the fourth quarter worth about $750,603,000. Viking Global Investors LP increased its stake in Mid-America Apartment Communities by 46.7% during 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 acquiring an additional 1,234,966 shares during the last quarter. Geode Capital Management LLC raised its position in Mid-America Apartment Communities by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock valued at $473,977,000 after purchasing an additional 40,028 shares during the period. Finally, Invesco Ltd. raised its position in Mid-America Apartment Communities by 6.7% during the fourth quarter. Invesco Ltd. now owns 2,154,600 shares of the real estate investment trust’s stock valued at $299,295,000 after purchasing an additional 134,739 shares during the period. Hedge funds and other institutional investors 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.