FY2025 Earnings Estimate for MAA Issued By Wedbush

Mid-America Apartment Communities, Inc. (NYSE:MAA) – Research analysts at Wedbush decreased their FY2025 earnings per share estimates for shares of Mid-America Apartment Communities in a research note issued on Monday, February 10th. Wedbush analyst R. Anderson now forecasts that the real estate investment trust will earn $8.78 per share for the year, down from their previous estimate of $8.80. The consensus estimate for Mid-America Apartment Communities’ current full-year earnings is $8.86 per share. Wedbush also issued estimates for Mid-America Apartment Communities’ FY2026 earnings at $9.18 EPS.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $1.19. Mid-America Apartment Communities had a net margin of 24.03% and a return on equity of 8.53%.

MAA has been the topic of several other reports. Scotiabank dropped their price objective on shares of Mid-America Apartment Communities from $174.00 to $173.00 and set a “sector perform” rating on the stock in a research report on Thursday, November 14th. Mizuho cut their price objective on shares of Mid-America Apartment Communities from $163.00 to $159.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. StockNews.com raised Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Wells Fargo & Company dropped their price target on Mid-America Apartment Communities from $174.00 to $164.00 and set an “overweight” rating for the company in a report on Friday, January 24th. Finally, Morgan Stanley raised Mid-America Apartment Communities from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $159.50 to $168.00 in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, ten have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Mid-America Apartment Communities presently has an average rating of “Hold” and a consensus price target of $166.00.

Mid-America Apartment Communities Stock Performance

Shares of NYSE MAA opened at $156.00 on Wednesday. Mid-America Apartment Communities has a 12 month low of $121.51 and a 12 month high of $167.39. The stock has a 50 day moving average of $153.43 and a 200-day moving average of $155.59. The company has a current ratio of 0.08, a quick ratio of 0.09 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $18.23 billion, a P/E ratio of 34.82, a P/E/G ratio of 2.56 and a beta of 0.91.

Institutional Trading of Mid-America Apartment Communities

Large investors have recently bought and sold shares of the business. Inspire Investing LLC raised its stake in Mid-America Apartment Communities by 0.9% during the fourth quarter. Inspire Investing LLC now owns 7,978 shares of the real estate investment trust’s stock worth $1,233,000 after acquiring an additional 68 shares in the last quarter. IFP Advisors Inc grew its holdings in shares of Mid-America Apartment Communities by 37.2% during the 4th quarter. IFP Advisors Inc now owns 251 shares of the real estate investment trust’s stock valued at $39,000 after purchasing an additional 68 shares during the last quarter. Sanctuary Advisors LLC increased its position in Mid-America Apartment Communities by 0.6% during the 4th quarter. Sanctuary Advisors LLC now owns 11,220 shares of the real estate investment trust’s stock worth $1,704,000 after purchasing an additional 69 shares in the last quarter. Chesley Taft & Associates LLC lifted its stake in Mid-America Apartment Communities by 1.6% in the 4th quarter. Chesley Taft & Associates LLC now owns 4,828 shares of the real estate investment trust’s stock valued at $746,000 after purchasing an additional 75 shares during the last quarter. Finally, UMB Bank n.a. boosted its position in Mid-America Apartment Communities by 30.5% in the fourth quarter. UMB Bank n.a. now owns 321 shares of the real estate investment trust’s stock valued at $50,000 after buying an additional 75 shares in the last quarter. 93.60% of the stock is owned by institutional investors and hedge funds.

Mid-America Apartment Communities Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were issued a dividend of $1.515 per share. The ex-dividend date was Wednesday, January 15th. This represents a $6.06 dividend on an annualized basis and a dividend yield of 3.88%. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.47. Mid-America Apartment Communities’s payout ratio is 135.27%.

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.