Mid-America Apartment Communities, Inc. (MAA) To Go Ex-Dividend on July 15th

Mid-America Apartment Communities, Inc. (NYSE:MAA) announced a quarterly dividend on Tuesday, May 19th. Shareholders of record on Wednesday, July 15th will be paid a dividend of 1.53 per share by the real estate investment trust on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Wednesday, July 15th.

Mid-America Apartment Communities has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 16 consecutive years. Mid-America Apartment Communities has a dividend payout ratio of 157.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Mid-America Apartment Communities to earn $8.67 per share next year, which means the company should continue to be able to cover its $6.12 annual dividend with an expected future payout ratio of 70.6%.

Mid-America Apartment Communities Stock Down 0.1%

Shares of Mid-America Apartment Communities stock opened at $135.15 on Monday. The stock’s 50-day moving average is $133.90 and its 200 day moving average is $132.17. Mid-America Apartment Communities has a one year low of $120.30 and a one year high of $153.93. The firm has a market cap of $15.73 billion, a price-to-earnings ratio of 40.96 and a beta of 0.74. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.13 and a quick ratio of 0.13.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The firm had revenue of $553.73 million for the quarter, compared to analysts’ expectations of $555.75 million. During the same period in the prior year, the business earned $2.20 EPS. The company’s revenue for the quarter was up .8% compared to the same quarter last year. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. Equities research analysts anticipate that Mid-America Apartment Communities will post 8.5 EPS for the current year.

Insider Transactions at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer bought 1,100 shares of Mid-America Apartment Communities stock in a transaction dated Thursday, May 21st. The stock was purchased at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the purchase, the director directly owned 1,100 shares in the company, valued at $141,405. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Mid-America Apartment Communities

A number of institutional investors have recently added to or reduced their stakes in MAA. Physician Wealth Advisors Inc. grew its holdings in shares of Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 75 shares in the last quarter. Values First Advisors Inc. grew its stake in Mid-America Apartment Communities by 0.5% in the 1st quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock valued at $1,889,000 after purchasing an additional 82 shares during the period. Blue Trust Inc. raised its stake in shares of Mid-America Apartment Communities by 9.6% during the 4th quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock worth $145,000 after purchasing an additional 91 shares during the period. New Mexico Educational Retirement Board boosted its holdings in shares of Mid-America Apartment Communities by 1.9% in the 4th quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock worth $750,000 after buying an additional 100 shares during the last quarter. Finally, Larson Financial Group LLC increased its holdings in Mid-America Apartment Communities by 1.5% during the fourth quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock worth $974,000 after buying an additional 102 shares during the last quarter. 93.60% of the stock is owned by institutional investors.

Mid-America Apartment Communities Company Profile

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.