Mid-America Apartment Communities, Inc. $MAA Stock: Leeward Investments LLC MA Grows Position

Leeward Investments LLC MA grew its position in Mid-America Apartment Communities, Inc. (NYSE:MAA) by 6.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,484 shares of the real estate investment trust’s stock after purchasing an additional 4,248 shares during the period. Leeward Investments LLC MA’s holdings in Mid-America Apartment Communities were worth $7,710,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Invested Advisors lifted its position in Mid-America Apartment Communities by 18.6% during the third quarter. Invested Advisors now owns 1,985 shares of the real estate investment trust’s stock valued at $234,000 after buying an additional 311 shares in the last quarter. Signaturefd LLC raised its stake in shares of Mid-America Apartment Communities by 23.0% in the 3rd quarter. Signaturefd LLC now owns 4,675 shares of the real estate investment trust’s stock valued at $550,000 after acquiring an additional 875 shares during the period. Yousif Capital Management LLC raised its stake in shares of Mid-America Apartment Communities by 2.8% in the 3rd quarter. Yousif Capital Management LLC now owns 22,948 shares of the real estate investment trust’s stock valued at $2,702,000 after acquiring an additional 622 shares during the period. MBL Wealth LLC lifted its holdings in shares of Mid-America Apartment Communities by 17.3% during the 3rd quarter. MBL Wealth LLC now owns 2,390 shares of the real estate investment trust’s stock valued at $281,000 after acquiring an additional 352 shares in the last quarter. Finally, Compass Wealth Management LLC lifted its holdings in shares of Mid-America Apartment Communities by 4.5% during the 3rd quarter. Compass Wealth Management LLC now owns 52,580 shares of the real estate investment trust’s stock valued at $6,191,000 after acquiring an additional 2,287 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Price Performance

Shares of MAA stock opened at $119.53 on Tuesday. The firm has a fifty day simple moving average of $122.49 and a 200-day simple moving average of $129.54. The company has a market capitalization of $13.87 billion, a PE ratio of 34.95 and a beta of 0.75. Mid-America Apartment Communities, Inc. has a twelve month low of $113.95 and a twelve month high of $144.41. 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 (NYSE:MAA) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $555.13 million for the quarter, compared to the consensus estimate of $556.18 million. During the same quarter in the previous year, the firm posted $2.15 EPS. The firm’s quarterly revenue 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 research analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.51 earnings per share for the current fiscal year.

Mid-America Apartment Communities Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be paid a dividend of $1.53 per share. The ex-dividend date is Thursday, October 15th. This represents a $6.12 annualized dividend and a dividend yield of 5.1%. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 178.95%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Truist Financial decreased their price target on shares of Mid-America Apartment Communities from $146.00 to $132.00 and set a “buy” rating for the company in a research report on Thursday, September 17th. Scotiabank cut their price objective on Mid-America Apartment Communities from $134.00 to $125.00 and set a “sector underperform” rating on the stock in a research report on Thursday, September 17th. Citigroup restated a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, September 2nd. Wells Fargo & Company decreased their target price on Mid-America Apartment Communities from $146.00 to $131.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Finally, JPMorgan Chase & Co. assumed coverage on Mid-America Apartment Communities in a research note on Thursday, July 16th. They issued a “neutral” rating and a $147.00 target price for the company. Eight research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $137.82.

Mid-America Apartment Communities Profile

Mid-America Apartment Communities, Inc (NYSE: MAA) is a real estate investment trust that owns, operates and develops multifamily apartment communities. Its portfolio is focused primarily on conventional apartment housing, with properties offering a range of floor plans and amenities designed for individual renters, couples and families.

MAA concentrates its operations in high-growth markets across the Sun Belt, including communities in the Southeast, Southwest and Mid-Atlantic regions of the United States.