Mid-America Apartment Communities (NYSE:MAA) Upgraded by Jefferies Financial Group to Hold Rating

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

Several other research analysts also recently issued reports on MAA. UBS Group lowered their price target on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Citigroup reissued a “market outperform” rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 10th. Barclays boosted their price objective on Mid-America Apartment Communities from $139.00 to $147.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 14th. Weiss Ratings raised Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Finally, Wells Fargo & Company increased their target price on Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an “overweight” rating in a research report on Wednesday. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $145.25.

Mid-America Apartment Communities Trading Down 0.5%

Shares of Mid-America Apartment Communities stock opened at $131.56 on Wednesday. The firm has a market capitalization of $15.31 billion, a PE ratio of 39.87 and a beta of 0.74. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. The firm’s 50 day moving average is $134.49 and its 200 day moving average is $131.89. Mid-America Apartment Communities has a 1 year low of $120.30 and a 1 year high of $153.93.

Mid-America Apartment Communities (NYSE:MAA) last issued 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. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. During the same quarter in the prior year, the firm earned $2.20 EPS. The firm’s revenue was up .8% compared to the same quarter last year. 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 forecast that Mid-America Apartment Communities will post 8.51 earnings per share for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a dividend of $1.53 per share. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $6.12 annualized dividend and a dividend yield of 4.7%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is presently 185.45%.

Insider Activity at Mid-America Apartment Communities

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

Institutional Trading of Mid-America Apartment Communities

A number of institutional investors and hedge funds have recently bought and sold shares of MAA. Physician Wealth Advisors Inc. grew its holdings in Mid-America Apartment Communities by 65.2% in 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. Elevation Wealth Partners LLC raised its stake in Mid-America Apartment Communities by 593.1% during the 2nd quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after buying an additional 172 shares during the period. Nalls Sherbakoff Group LLC acquired a new position in Mid-America Apartment Communities during the 4th quarter worth approximately $32,000. Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities during the 3rd quarter worth approximately $33,000. Finally, Root Financial Partners LLC boosted its holdings in 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 worth $35,000 after acquiring an additional 279 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

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.