111 Capital Invests $417,000 in Mid-America Apartment Communities, Inc. $MAA

Key Points

• 111 Capital has invested approximately $417,000 in Mid-America Apartment Communities, acquiring 2,819 shares in the second quarter.
• Mid-America Apartment Communities has announced a quarterly dividend of $1.515, which is an increase from the previous dividend, indicating a 4.4% yield.
• The company reported an EPS of $2.15 for the last quarter, which slightly exceeded analyst expectations, and has set a Q3 2025 EPS guidance between 2.080-2.240.

111 Capital bought a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,819 shares of the real estate investment trust's stock, valued at approximately $417,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Larson Financial Group LLC boosted its position in shares of Mid-America Apartment Communities by 107.1% in the first quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust's stock worth $29,000 after acquiring an additional 91 shares during the last quarter. Financial Network Wealth Advisors LLC acquired a new position in shares of Mid-America Apartment Communities in the 1st quarter valued at $29,000. Sound Income Strategies LLC grew its stake in shares of Mid-America Apartment Communities by 972.2% during the 2nd quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust's stock valued at $29,000 after buying an additional 175 shares during the period. AlphaQuest LLC acquired a new stake in shares of Mid-America Apartment Communities during the 1st quarter worth $34,000. Finally, Ransom Advisory Ltd acquired a new stake in shares of Mid-America Apartment Communities during the 1st quarter worth $36,000. Hedge funds and other institutional investors own 93.60% of the company's stock.

Mid-America Apartment Communities Stock Performance

Mid-America Apartment Communities stock opened at $136.79 on Monday. Mid-America Apartment Communities, Inc. has a fifty-two week low of $136.07 and a fifty-two week high of $173.38. The firm's 50 day simple moving average is $141.85 and its 200-day simple moving average is $150.67. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.10 and a quick ratio of 0.10. The company has a market cap of $16.01 billion, a P/E ratio of 28.15, a price-to-earnings-growth ratio of 3.65 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, topping analysts' consensus estimates of $2.14 by $0.01. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The firm had revenue of $549.90 million during the quarter, compared to analyst estimates of $552.19 million. During the same quarter last year, the business posted $2.22 EPS. The company's revenue was up .6% on a year-over-year basis. Mid-America Apartment Communities has set its Q3 2025 guidance at 2.080-2.240 EPS. FY 2025 guidance at 8.650-8.890 EPS. As a group, equities research analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Investors of record on Wednesday, October 15th will be paid a $1.515 dividend. The ex-dividend date of this dividend is Wednesday, October 15th. This represents a $6.06 annualized dividend and a yield of 4.4%. This is an increase from Mid-America Apartment Communities's previous quarterly dividend of $1.06. Mid-America Apartment Communities's dividend payout ratio (DPR) is currently 124.69%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. KeyCorp dropped their price target on Mid-America Apartment Communities from $180.00 to $170.00 and set an "overweight" rating for the company in a research note on Wednesday, August 13th. Wells Fargo & Company dropped their price objective on shares of Mid-America Apartment Communities from $173.00 to $156.00 and set an "overweight" rating for the company in a research report on Wednesday, August 27th. Raymond James Financial lowered shares of Mid-America Apartment Communities from an "outperform" rating to a "market perform" rating in a report on Tuesday, June 24th. BNP Paribas lowered Mid-America Apartment Communities from a "hold" rating to a "strong sell" rating in a research report on Monday, September 29th. Finally, Piper Sandler decreased their target price on Mid-America Apartment Communities from $170.00 to $153.00 and set a "neutral" rating for the company in a research report on Monday, August 4th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $161.78.

About Mid-America Apartment Communities

Mid-America Apartment Communities, Inc is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the Same Store and Non-Same Store segments. The Same Store Communities segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year.

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