Zacks Research Has Negative Outlook for MAA Q2 Earnings

Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) - Investment analysts at Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for shares of Mid-America Apartment Communities in a research report issued to clients and investors on Wednesday, May 21st. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $2.17 per share for the quarter, down from their prior estimate of $2.20. The consensus estimate for Mid-America Apartment Communities' current full-year earnings is $8.84 per share. Zacks Research also issued estimates for Mid-America Apartment Communities' Q3 2025 earnings at $2.17 EPS, Q4 2025 earnings at $2.23 EPS, FY2025 earnings at $8.78 EPS, Q1 2026 earnings at $2.22 EPS, Q2 2026 earnings at $2.24 EPS, Q3 2026 earnings at $2.26 EPS, Q4 2026 earnings at $2.32 EPS, FY2026 earnings at $9.05 EPS and FY2027 earnings at $9.55 EPS.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last posted its earnings results on Wednesday, April 30th. The real estate investment trust reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $2.16 by $0.04. Mid-America Apartment Communities had a return on equity of 8.53% and a net margin of 24.03%. The firm had revenue of $549.30 million for the quarter, compared to the consensus estimate of $551.21 million. During the same quarter in the prior year, the business earned $2.22 EPS. The business's revenue for the quarter was up 1.0% on a year-over-year basis.

Several other research firms also recently weighed in on MAA. Wall Street Zen downgraded Mid-America Apartment Communities from a "hold" rating to a "sell" rating in a research note on Thursday. JMP Securities upped their price target on Mid-America Apartment Communities from $160.00 to $170.00 and gave the stock a "market outperform" rating in a research note on Thursday. Raymond James downgraded Mid-America Apartment Communities from a "strong-buy" rating to an "outperform" rating and cut their price target for the stock from $185.00 to $175.00 in a research note on Thursday, May 15th. Robert W. Baird upped their price target on Mid-America Apartment Communities from $161.00 to $162.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Finally, Barclays increased their target price on Mid-America Apartment Communities from $160.00 to $172.00 and gave the company an "equal weight" rating in a research note on Friday, May 9th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $169.41.

Mid-America Apartment Communities Stock Down 1.1%

MAA stock opened at $154.38 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.08 and a current ratio of 0.08. The company has a market capitalization of $18.07 billion, a price-to-earnings ratio of 34.46, a price-to-earnings-growth ratio of 3.72 and a beta of 0.80. The business's 50 day moving average price is $160.10 and its two-hundred day moving average price is $158.26. Mid-America Apartment Communities has a fifty-two week low of $126.77 and a fifty-two week high of $173.38.

Hedge Funds Weigh In On Mid-America Apartment Communities

Institutional investors have recently bought and sold shares of the stock. Metis Global Partners LLC raised its holdings in Mid-America Apartment Communities by 9.5% during the fourth quarter. Metis Global Partners LLC now owns 17,273 shares of the real estate investment trust's stock valued at $2,670,000 after acquiring an additional 1,499 shares during the period. Paradigm Asset Management Co. LLC raised its holdings in Mid-America Apartment Communities by 1,582.9% during the fourth quarter. Paradigm Asset Management Co. LLC now owns 6,698 shares of the real estate investment trust's stock valued at $1,035,000 after acquiring an additional 6,300 shares during the period. Principal Financial Group Inc. raised its holdings in Mid-America Apartment Communities by 31.6% during the fourth quarter. Principal Financial Group Inc. now owns 189,428 shares of the real estate investment trust's stock valued at $29,280,000 after acquiring an additional 45,519 shares during the period. Vert Asset Management LLC raised its holdings in Mid-America Apartment Communities by 9.6% during the fourth quarter. Vert Asset Management LLC now owns 51,374 shares of the real estate investment trust's stock valued at $7,941,000 after acquiring an additional 4,499 shares during the period. Finally, Sanctuary Advisors LLC grew its position in shares of Mid-America Apartment Communities by 0.6% during the fourth quarter. Sanctuary Advisors LLC now owns 11,220 shares of the real estate investment trust's stock valued at $1,704,000 after purchasing an additional 69 shares in the last quarter. 93.60% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO H Eric Bolton, Jr. sold 2,643 shares of the stock in a transaction on Monday, April 7th. The stock was sold at an average price of $149.93, for a total transaction of $396,264.99. Following the transaction, the chief executive officer now directly owns 319,813 shares of the company's stock, valued at $47,949,563.09. This represents a 0.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Amber Fairbanks sold 173 shares of the firm's stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $166.85, for a total value of $28,865.05. Following the completion of the transaction, the executive vice president now directly owns 3,012 shares in the company, valued at approximately $502,552.20. This represents a 5.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 7,313 shares of company stock valued at $1,171,707 in the last ninety days. 1.20% of the stock is currently owned by company insiders.

Mid-America Apartment Communities Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be issued a dividend of $1.515 per share. The ex-dividend date is Tuesday, July 15th. This represents a $6.06 annualized dividend and a dividend yield of 3.93%. Mid-America Apartment Communities's payout ratio is 126.25%.

Mid-America Apartment Communities Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.