Zacks Research Issues Pessimistic Forecast for MAA Earnings

Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) - Stock analysts at Zacks Research reduced their Q2 2025 earnings per share estimates for Mid-America Apartment Communities in a report issued 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 previous 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.

MAA has been the subject of several other reports. Truist Financial reduced their target price on Mid-America Apartment Communities from $174.00 to $171.00 and set a "buy" rating for the company in a research report on Wednesday, May 21st. Royal Bank of Canada lifted their price target on Mid-America Apartment Communities from $158.00 to $161.00 and gave the company a "sector perform" rating in a research report on Friday, February 7th. Barclays boosted their price objective on Mid-America Apartment Communities from $160.00 to $172.00 and gave the stock an "equal weight" rating in a report on Friday, May 9th. Raymond James downgraded shares of Mid-America Apartment Communities from a "strong-buy" rating to an "outperform" rating and lowered their target price for the company from $185.00 to $175.00 in a research note on Thursday, May 15th. Finally, Mizuho dropped their target price on shares of Mid-America Apartment Communities from $166.00 to $161.00 and set a "neutral" rating for the company in a research report on Friday, May 23rd. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $169.50.

Mid-America Apartment Communities Price Performance

Shares of Mid-America Apartment Communities stock traded up $0.11 during trading on Friday, hitting $154.34. The stock had a trading volume of 270,479 shares, compared to its average volume of 746,569. The company has a current ratio of 0.08, a quick ratio of 0.08 and a debt-to-equity ratio of 0.81. Mid-America Apartment Communities has a 12 month low of $126.77 and a 12 month high of $173.38. The firm has a market cap of $18.07 billion, a price-to-earnings ratio of 34.47, a P/E/G ratio of 3.72 and a beta of 0.80. The business's 50-day moving average is $159.56 and its 200 day moving average is $158.23.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The real estate investment trust reported $2.20 earnings per share (EPS) for the quarter, beating 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 company had revenue of $549.30 million for the quarter, compared to analyst estimates of $551.21 million. During the same period in the previous year, the company posted $2.22 EPS. The firm's revenue for the quarter was up 1.0% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in MAA. Ransom Advisory Ltd purchased a new stake in Mid-America Apartment Communities in the first quarter worth $36,000. Bayforest Capital Ltd grew its position in shares of Mid-America Apartment Communities by 207.1% in the 1st quarter. Bayforest Capital Ltd now owns 1,953 shares of the real estate investment trust's stock worth $327,000 after buying an additional 1,317 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Mid-America Apartment Communities by 9.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,236,647 shares of the real estate investment trust's stock worth $207,237,000 after buying an additional 107,661 shares during the period. MBB Public Markets I LLC bought a new position in shares of Mid-America Apartment Communities in the 1st quarter worth about $347,000. Finally, United Services Automobile Association purchased a new position in Mid-America Apartment Communities during the 1st quarter valued at about $482,000. Hedge funds and other institutional investors own 93.60% of the company's stock.

Insiders Place Their Bets

In other news, CEO H Eric Bolton, Jr. sold 4,358 shares of Mid-America Apartment Communities stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $166.24, for a total transaction of $724,473.92. Following the sale, the chief executive officer now owns 324,171 shares of the company's stock, valued at approximately $53,890,187.04. The trade was a 1.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Amber Fairbanks sold 173 shares of the stock in a transaction dated Friday, May 2nd. The stock was sold at an average price of $166.85, for a total transaction of $28,865.05. Following the completion of the transaction, the executive vice president now directly owns 3,012 shares of the company's stock, valued at approximately $502,552.20. The trade was a 5.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,313 shares of company stock worth $1,171,707. 1.30% of the stock is currently owned by company insiders.

Mid-America Apartment Communities Announces Dividend

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

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.