Calydon Capital Reduces Stock Holdings in Mid-America Apartment Communities, Inc. $MAA

Key Points

• Calydon Capital cut its stake in Mid‑America Apartment Communities by 50.1% in Q3, selling 37,814 shares and leaving it with 37,720 shares valued at about $5.27 million.
• MAA reported a sharp quarterly EPS miss of $0.48 versus the $2.22 consensus, but provided Q1 2026 guidance of 2.05–2.17 EPS and FY 2026 guidance of 8.35–8.71 EPS.
• The company raised its quarterly dividend to $1.53 (annualized $6.12) for a ~4.8% yield, despite a high dividend payout ratio of 161.9%.

Calydon Capital lowered its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 50.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,720 shares of the real estate investment trust's stock after selling 37,814 shares during the period. Calydon Capital's holdings in Mid-America Apartment Communities were worth $5,271,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Appleton Partners Inc. MA bought a new stake in shares of Mid-America Apartment Communities during the 3rd quarter valued at about $915,000. Norges Bank bought a new position in Mid-America Apartment Communities in the second quarter worth about $795,893,000. Algebris UK Ltd. purchased a new stake in Mid-America Apartment Communities in the third quarter worth about $14,461,000. Exchange Traded Concepts LLC lifted its holdings in Mid-America Apartment Communities by 85.5% in the third quarter. Exchange Traded Concepts LLC now owns 28,639 shares of the real estate investment trust's stock worth $4,002,000 after buying an additional 13,198 shares during the period. Finally, Barings LLC bought a new stake in Mid-America Apartment Communities during the 2nd quarter valued at approximately $2,268,000. 93.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MAA shares. Wells Fargo & Company reduced their target price on Mid-America Apartment Communities from $157.00 to $150.00 and set an "overweight" rating on the stock in a report on Tuesday, November 25th. Truist Financial dropped their price target on Mid-America Apartment Communities from $146.00 to $142.00 and set a "buy" rating on the stock in a research report on Tuesday, March 10th. Cantor Fitzgerald upped their price target on Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a "neutral" rating in a research note on Monday, February 9th. BMO Capital Markets upgraded Mid-America Apartment Communities from a "hold" rating to an "outperform" rating and increased their price objective for the stock from $150.00 to $158.00 in a report on Friday, January 9th. Finally, Barclays lowered their price objective on Mid-America Apartment Communities from $144.00 to $138.00 and set an "equal weight" rating for the company in a research report on Friday, March 6th. Eight investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $150.58.

Insider Activity

In related news, EVP Robert J. Delpriore sold 5,426 shares of the firm's stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the completion of the sale, the executive vice president owned 49,745 shares of the company's stock, valued at $6,876,251.35. This trade represents a 9.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Amber Fairbanks sold 233 shares of the firm's stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the sale, the executive vice president directly owned 3,799 shares of the company's stock, valued at $518,563.50. This trade represents a 5.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,079 shares of company stock valued at $838,698 over the last ninety days. Corporate insiders own 1.20% of the company's stock.

Mid-America Apartment Communities Trading Down 1.1%

NYSE MAA opened at $126.36 on Friday. Mid-America Apartment Communities, Inc. has a 12 month low of $125.75 and a 12 month high of $169.42. The stock has a market cap of $14.77 billion, a P/E ratio of 33.43, a P/E/G ratio of 2.10 and a beta of 0.79. The stock's fifty day moving average price is $134.10 and its 200-day moving average price is $135.22. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing the consensus estimate of $2.22 by ($1.74). The company had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. Mid-America Apartment Communities's revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.23 earnings per share. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. As a group, equities analysts forecast that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 15th were issued a $1.53 dividend. This represents a $6.12 annualized dividend and a yield of 4.8%. This is a boost from Mid-America Apartment Communities's previous quarterly dividend of $1.52. The ex-dividend date of this dividend was Thursday, January 15th. Mid-America Apartment Communities's dividend payout ratio is presently 161.90%.

Mid-America Apartment Communities Company 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.

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