Zacks Research Analysts Decrease Earnings Estimates for MAA

Key Points

• Zacks Research has lowered its earnings per share estimate for Mid-America Apartment Communities (MAA) for Q2 2025 from $2.17 to $2.15, reflecting a cautious outlook.
• Various analysts have adjusted their price targets for MAA, with Scotiabank decreasing its target from $194.00 to $180.00, maintaining a "sector outperform" rating.
• Mid-America Apartment Communities has declared a quarterly dividend of $1.515 per share, indicating a dividend yield of 3.98% with a payout ratio of 126.25%.

Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) - Investment analysts at Zacks Research lowered their Q2 2025 earnings estimates for Mid-America Apartment Communities in a research note issued on Tuesday, July 29th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings per share of $2.15 for the quarter, down from their prior estimate of $2.17. 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 $2.16 EPS, FY2025 earnings at $8.77 EPS, Q2 2026 earnings at $2.21 EPS and Q1 2027 earnings at $2.38 EPS.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.14 by $0.01. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The company had revenue of $549.90 million during the quarter, compared to analysts' expectations of $552.19 million. During the same period last year, the company posted $2.22 earnings per share. The firm's quarterly revenue was up .6% compared to the same quarter last year.

A number of other brokerages have also recently issued reports on MAA. The Goldman Sachs Group cut shares of Mid-America Apartment Communities from a "buy" rating to a "neutral" rating and set a $165.00 target price for the company. in a report on Friday, July 11th. Scotiabank dropped their price objective on shares of Mid-America Apartment Communities from $194.00 to $180.00 and set a "sector outperform" rating for the company in a research note on Friday, June 13th. Mizuho dropped their price objective on shares of Mid-America Apartment Communities from $166.00 to $161.00 and set a "neutral" rating for the company in a research note on Friday, May 23rd. Wall Street Zen raised shares of Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a research note on Saturday, July 12th. Finally, Truist Financial dropped their price objective on shares of Mid-America Apartment Communities from $174.00 to $171.00 and set a "buy" rating for the company in a research note on Wednesday, May 21st. One analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $168.52.

Mid-America Apartment Communities Price Performance

Mid-America Apartment Communities stock traded down $2.47 during mid-day trading on Wednesday, reaching $139.96. The company had a trading volume of 1,382,643 shares, compared to its average volume of 872,811. Mid-America Apartment Communities has a 1 year low of $138.67 and a 1 year high of $173.38. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.10 and a quick ratio of 0.11. The company has a market capitalization 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. The stock's 50-day simple moving average is $150.30 and its 200-day simple moving average is $156.10.

Hedge Funds Weigh In On Mid-America Apartment Communities

Hedge funds have recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its holdings in shares of Mid-America Apartment Communities by 1.5% in the 1st quarter. Principal Financial Group Inc. now owns 192,228 shares of the real estate investment trust's stock valued at $32,214,000 after purchasing an additional 2,800 shares during the last quarter. Aurora Investment Counsel acquired a new position in shares of Mid-America Apartment Communities during the 1st quarter valued at $1,929,000. Summit Trail Advisors LLC lifted its holdings in shares of Mid-America Apartment Communities by 106.9% during the 1st quarter. Summit Trail Advisors LLC now owns 4,401 shares of the real estate investment trust's stock valued at $738,000 after acquiring an additional 2,274 shares in the last quarter. Starwood Capital Group Management L.L.C. lifted its holdings in shares of Mid-America Apartment Communities by 17.7% during the 4th quarter. Starwood Capital Group Management L.L.C. now owns 219,407 shares of the real estate investment trust's stock valued at $33,914,000 after acquiring an additional 33,000 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of Mid-America Apartment Communities by 92.0% during the 1st quarter. Stratos Wealth Partners LTD. now owns 28,134 shares of the real estate investment trust's stock valued at $4,715,000 after acquiring an additional 13,482 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company's stock.

Mid-America Apartment Communities Announces Dividend

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