Paradigm Capital Management Inc. NY Purchases Shares of 43,115 Mid-America Apartment Communities, Inc. $MAA

Paradigm Capital Management Inc. NY acquired a new position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,115 shares of the real estate investment trust’s stock, valued at approximately $5,990,000.

Several other hedge funds also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Mid-America Apartment Communities by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock valued at $2,149,000 after purchasing an additional 620 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Mid-America Apartment Communities by 47.6% in the second quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock worth $137,000 after purchasing an additional 299 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Mid-America Apartment Communities by 7.1% in the second quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after purchasing an additional 437 shares in the last quarter. Walleye Capital LLC acquired a new position in Mid-America Apartment Communities in the second quarter worth $230,000. Finally, Bank of Nova Scotia grew its holdings in shares of Mid-America Apartment Communities by 21.7% during the second quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock worth $2,300,000 after purchasing an additional 2,771 shares during the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Performance

Mid-America Apartment Communities stock opened at $133.13 on Tuesday. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. Mid-America Apartment Communities, Inc. has a 1 year low of $120.30 and a 1 year high of $146.41. The company has a market cap of $15.45 billion, a PE ratio of 38.93 and a beta of 0.73. The company’s 50-day moving average is $134.79 and its two-hundred day moving average is $131.54.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $1.32. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The company had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. During the same quarter last year, the firm earned $2.15 EPS. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Equities analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on MAA shares. Barclays lowered their target price on Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating for the company in a research note on Monday, August 17th. Weiss Ratings upgraded shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. Scotiabank decreased their price objective on shares of Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating on the stock in a report on Tuesday, August 4th. BNP Paribas Exane upgraded shares of Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 10th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $144.81.

Mid-America Apartment Communities 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.