Mid-America Apartment Communities (NYSE:MAA) Director Buys $141,405.00 in Stock

Mid-America Apartment Communities, Inc. (NYSE:MAAGet Free Report) Director Tamara Fischer acquired 1,100 shares of the firm’s stock in a transaction on Thursday, May 21st. The shares were bought at an average cost of $128.55 per share, with a total value of $141,405.00. Following the completion of the acquisition, the director directly owned 1,100 shares in the company, valued at approximately $141,405. This represents a ? increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Mid-America Apartment Communities Stock Down 0.2%

MAA traded down $0.27 during midday trading on Thursday, reaching $129.99. 728,683 shares of the company were exchanged, compared to its average volume of 962,641. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. The company’s fifty day moving average price is $126.24 and its 200 day moving average price is $131.29. The company has a market cap of $15.13 billion, a price-to-earnings ratio of 39.39 and a beta of 0.77. Mid-America Apartment Communities, Inc. has a one year low of $120.30 and a one year high of $157.57.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The firm had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same period in the previous year, the company posted $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. As a group, analysts expect that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current year.

Mid-America Apartment Communities Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 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 4.7%. The ex-dividend date of this dividend is Wednesday, July 15th. Mid-America Apartment Communities’s payout ratio is currently 185.45%.

Hedge Funds Weigh In On Mid-America Apartment Communities

Hedge funds and other institutional investors have recently modified their holdings of the business. Tobam purchased a new position in shares of Mid-America Apartment Communities in the 3rd quarter worth approximately $26,000. Physician Wealth Advisors Inc. boosted its stake in shares of Mid-America Apartment Communities by 65.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 75 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new position in shares of Mid-America Apartment Communities in the 4th quarter worth approximately $32,000. Measured Wealth Private Client Group LLC purchased a new position in Mid-America Apartment Communities in the third quarter valued at approximately $33,000. Finally, Sentry Investment Management LLC purchased a new position in Mid-America Apartment Communities in the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities News Roundup

Here are the key news stories impacting Mid-America Apartment Communities this week:

Analyst Ratings Changes

A number of brokerages have commented on MAA. Barclays boosted their price objective on Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Truist Financial cut their target price on Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating on the stock in a research note on Tuesday, March 31st. KeyCorp cut their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Wall Street Zen upgraded Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. Finally, Morgan Stanley cut their target price on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, March 16th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $145.00.

Check Out Our Latest Research Report on MAA

About Mid-America Apartment Communities

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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.

Further Reading

Insider Buying and Selling by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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