Teacher Retirement System of Texas Grows Holdings in Mid-America Apartment Communities, Inc. $MAA

Key Points

• Teacher Retirement System of Texas raised its stake in Mid‑America Apartment Communities by 1,766.5% in Q4 to 286,189 shares, now owning about 0.24% of the company worth roughly $39.8 million.
• MAA reported Q earnings of $0.48 per share versus $2.22 expected and revenue of $555.6 million, but issued guidance of 2.050–2.170 EPS for Q1 2026 and 8.350–8.710 EPS for FY2026 (consensus FY2026 EPS 8.53).
• The company declared a quarterly dividend of $1.53 per share (annualized $6.12) yielding about 4.9%, with an ex‑dividend date of April 15 and a payout ratio of 161.9%.

Teacher Retirement System of Texas raised its position in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 1,766.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 286,189 shares of the real estate investment trust's stock after buying an additional 270,856 shares during the period. Teacher Retirement System of Texas owned about 0.24% of Mid-America Apartment Communities worth $39,755,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Tobam purchased a new position in Mid-America Apartment Communities in the third quarter valued at $26,000. Measured Wealth Private Client Group LLC purchased a new position in Mid-America Apartment Communities in the third quarter valued at $33,000. Sentry Investment Management LLC purchased a new position in Mid-America Apartment Communities in the third quarter valued at $36,000. United Community Bank boosted its holdings in Mid-America Apartment Communities by 1,000.0% in the third quarter. United Community Bank now owns 297 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 270 shares during the period. Finally, Fulcrum Asset Management LLP purchased a new position in Mid-America Apartment Communities in the third quarter valued at $46,000. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the completion of the transaction, the executive vice president owned 4,471 shares in the company, valued at approximately $557,667.83. The trade was a 13.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 1,039 shares of company stock worth $129,594. 1.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on MAA shares. Weiss Ratings reiterated a "hold (c-)" rating on shares of Mid-America Apartment Communities in a report on Friday, March 27th. Wells Fargo & Company decreased their target price on Mid-America Apartment Communities from $150.00 to $140.00 and set an "overweight" rating for the company in a report on Thursday. Royal Bank Of Canada decreased their target price on Mid-America Apartment Communities from $138.00 to $136.00 and set a "sector perform" rating for the company in a report on Friday, February 6th. Cantor Fitzgerald lifted their target price on Mid-America Apartment Communities from $137.00 to $141.00 and gave the company a "neutral" rating in a report on Monday, February 9th. Finally, Mizuho lifted their target price on Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an "outperform" rating in a report on Monday, January 12th. Eight analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $149.21.

Mid-America Apartment Communities Stock Up 1.2%

Mid-America Apartment Communities stock opened at $126.04 on Friday. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $169.00. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. The stock has a market cap of $14.73 billion, a PE ratio of 33.34 and a beta of 0.80. The stock's fifty day moving average is $128.10 and its two-hundred day moving average is $131.84.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($1.74). The firm had revenue of $555.56 million for the quarter, compared to analysts' expectations of $556.80 million. Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business's revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.23 EPS. 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. On average, sell-side analysts expect that Mid-America Apartment Communities, Inc. will post 8.53 EPS for the current fiscal year.

Mid-America Apartment Communities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be issued a dividend of $1.53 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.9%. Mid-America Apartment Communities's payout ratio is currently 161.90%.

About Mid-America Apartment Communities

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.