Mid-America Apartment Communities (NYSE:MAA) Reaches New 52-Week Low – Should You Sell?

Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $125.62 and last traded at $126.7520, with a volume of 327346 shares changing hands. The stock had previously closed at $128.07.

Analyst Upgrades and Downgrades

A number of research firms recently commented on MAA. Truist Financial reduced their price target on Mid-America Apartment Communities from $146.00 to $142.00 and set a “buy” rating for the company in a report on Tuesday, March 10th. Citigroup dropped their price objective on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a research note on Friday, February 13th. Mizuho raised their price objective on Mid-America Apartment Communities from $146.00 to $150.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. KeyCorp reduced their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Finally, Evercore decreased their target price on Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating on the stock in a report on Monday, December 15th. Eight investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Mid-America Apartment Communities has an average rating of “Hold” and an average target price of $150.16.

Mid-America Apartment Communities Stock Up 0.0%

The company has a market cap of $14.56 billion, a price-to-earnings ratio of 32.95, a P/E/G ratio of 2.10 and a beta of 0.79. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a 50-day moving average price of $133.22 and a 200 day moving average price of $134.77.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($1.74). The firm had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm earned $2.23 earnings per share. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. Sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current year.

Mid-America Apartment Communities Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Wednesday, April 15th will be issued a $1.53 dividend. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a $6.12 dividend on an annualized basis and a yield of 4.9%. Mid-America Apartment Communities’s payout ratio is currently 161.90%.

Insider Transactions at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Robert J. Delpriore sold 5,426 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the transaction, the executive vice president owned 49,745 shares in the company, valued at $6,876,251.35. This represents a 9.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the transaction, the executive vice president owned 3,799 shares in the company, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,079 shares of company stock valued at $838,698 in the last three months. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MAA. Vanguard Group Inc. grew its holdings in shares of Mid-America Apartment Communities by 0.5% during the 2nd quarter. Vanguard Group Inc. now owns 18,540,029 shares of the real estate investment trust’s stock valued at $2,744,110,000 after purchasing an additional 101,397 shares during the last quarter. State Street Corp boosted its position in Mid-America Apartment Communities by 1.6% in the third quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock valued at $1,134,520,000 after buying an additional 125,130 shares in the last quarter. Norges Bank acquired a new stake in Mid-America Apartment Communities in the fourth quarter valued at approximately $750,603,000. Viking Global Investors LP grew its stake in shares of Mid-America Apartment Communities by 46.7% during the fourth quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock worth $538,977,000 after buying an additional 1,234,966 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Mid-America Apartment Communities by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 3,423,986 shares of the real estate investment trust’s stock worth $473,977,000 after buying an additional 40,028 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.

About Mid-America Apartment Communities

Mid-America Apartment Communities, Inc (NYSE: MAA) is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform.

MAA’s portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets.