Mid-America Apartment Communities (NYSE:MAA) Issues FY 2025 Earnings Guidance

Key Points

• Mid-America Apartment Communities (NYSE:MAA) has provided FY 2025 earnings guidance for EPS in the range of 8.650-8.890, slightly below the consensus estimate of 8.769.
• The company announced a quarterly dividend of $1.515, representing a 4.07% yield, though its dividend payout ratio stands at a high 126.25%.
• Mid-America Apartment Communities’ stock saw a decline of $3.59 during mid-day trading, reaching $148.73, with several analysts adjusting price targets and ratings for the stock.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 8.650-8.890 for the period, compared to the consensus EPS estimate of 8.769. The company issued revenue guidance of -. Mid-America Apartment Communities also updated its Q3 2025 guidance to 2.080-2.240 EPS.

Analyst Upgrades and Downgrades

Several research firms have weighed in on MAA. Scotiabank cut their target price on Mid-America Apartment Communities from $194.00 to $180.00 and set a "sector outperform" rating on the stock in a research note on Friday, June 13th. Royal Bank Of Canada cut their target price on Mid-America Apartment Communities from $158.00 to $155.00 and set a "sector perform" rating on the stock in a research note on Friday. Raymond James Financial lowered Mid-America Apartment Communities from an "outperform" rating to a "market perform" rating in a research note on Tuesday, June 24th. UBS Group cut their target price on Mid-America Apartment Communities from $149.00 to $142.00 and set a "sell" rating on the stock in a research note on Tuesday, July 15th. Finally, Mizuho lowered their price target on Mid-America Apartment Communities from $166.00 to $161.00 and set a "neutral" rating for the company in a report on Friday, May 23rd. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $168.52.

Mid-America Apartment Communities Stock Down 1.7%

Shares of NYSE:MAA traded down $2.47 during mid-day trading on Friday, reaching $139.96. 1,382,643 shares of the stock were exchanged, compared to its average volume of 872,811. The company has a quick ratio of 0.11, a current ratio of 0.10 and a debt-to-equity ratio of 0.83. The company has a market cap of $16.38 billion, a P/E ratio of 28.80, a P/E/G ratio of 3.65 and a beta of 0.75. Mid-America Apartment Communities has a one year low of $138.67 and a one year high of $173.38. The stock's 50 day simple moving average is $150.30 and its 200-day simple moving average is $156.10.

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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.14 by $0.01. The business had revenue of $549.90 million during the quarter, compared to the consensus estimate of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%. Mid-America Apartment Communities's quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the company earned $2.22 earnings per share. As a group, equities research analysts predict that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Mid-America Apartment Communities Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th were paid a $1.515 dividend. This represents a $6.06 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Tuesday, July 15th. Mid-America Apartment Communities's dividend payout ratio (DPR) is currently 126.25%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Mid-America Apartment Communities stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) by 5.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,821 shares of the real estate investment trust's stock after purchasing an additional 620 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Mid-America Apartment Communities were worth $2,149,000 at the end of the most recent reporting period. 93.60% of the stock is owned by institutional investors.

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.