VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) by 8.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 67,248 shares of the real estate investment trust’s stock after purchasing an additional 5,400 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Mid-America Apartment Communities were worth $7,918,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd raised its holdings in shares of Mid-America Apartment Communities by 48.0% during the 3rd quarter. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd now owns 15,870 shares of the real estate investment trust’s stock worth $1,869,000 after acquiring an additional 5,148 shares during the period. D.A. Davidson & CO. raised its position in Mid-America Apartment Communities by 9.8% in the third quarter. D.A. Davidson & CO. now owns 3,173 shares of the real estate investment trust’s stock valued at $374,000 after purchasing an additional 283 shares during the period. BOKF NA lifted its stake in Mid-America Apartment Communities by 3.8% during the 3rd quarter. BOKF NA now owns 5,082 shares of the real estate investment trust’s stock worth $598,000 after acquiring an additional 186 shares in the last quarter. Asset Management One Co. Ltd. boosted its stake in shares of Mid-America Apartment Communities by 4.2% in the third quarter. Asset Management One Co. Ltd. now owns 239,044 shares of the real estate investment trust’s stock valued at $28,145,000 after purchasing an additional 9,536 shares during the period. Finally, Abundance Wealth Counselors grew its stake in shares of Mid-America Apartment Communities by 5.3% in the third quarter. Abundance Wealth Counselors now owns 8,742 shares of the real estate investment trust’s stock worth $1,029,000 after acquiring an additional 438 shares in the last quarter. 93.60% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
MAA has been the topic of a number of recent research reports. Citigroup restated a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Friday. JPMorgan Chase & Co. started coverage on Mid-America Apartment Communities in a research note on Thursday, July 16th. They set a “neutral” rating and a $147.00 price target on the stock. Weiss Ratings cut shares of Mid-America Apartment Communities from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. Truist Financial decreased their price target on Mid-America Apartment Communities from $146.00 to $132.00 and set a “buy” rating for the company in a report on Thursday, September 17th. Finally, Scotiabank lowered their price objective on Mid-America Apartment Communities from $134.00 to $125.00 and set a “sector underperform” rating on the stock in a report on Thursday, September 17th. Eight investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Mid-America Apartment Communities presently has a consensus rating of “Hold” and a consensus price target of $137.82.
Key Mid-America Apartment Communities News
Here are the key news stories impacting Mid-America Apartment Communities this week:
- Positive Sentiment: Third-quarter revenue reached $560.1 million, exceeding the $558.1 million consensus estimate. Occupancy gains, stronger renewal rates and contributions from newer communities supported results. Mid-America’s Q3 FFO Meets Estimates, Revenues Beat as Occupancy Gains
- Positive Sentiment: Management indicated that October lease pricing improved, suggesting apartment demand and pricing power may be beginning to recover as new supply moderates and tenant move-outs slow. MAA same-store NOI slips 1.8% but October lease pricing turns up
- Neutral Sentiment: Third-quarter core FFO was $2.10 per share, matching estimates but declining from $2.16 a year earlier. The result indicates stable performance rather than accelerating growth. Mid-America Apartment Communities Meets Q3 FFO Estimates
- Neutral Sentiment: Updated fourth-quarter 2026 EPS guidance is $2.12–$2.24, versus the $2.20 consensus, while full-year guidance is $8.43–$8.55, compared with an $8.51 consensus. The ranges broadly reaffirm expectations.
- Negative Sentiment: Same-store net operating income fell 1.8%, and the quarterly bottom line declined year over year. These figures highlight continued pressure on property-level profitability despite improving occupancy and lease pricing. Mid-America Apartment Communities Bottom Line Declines in Q3
Mid-America Apartment Communities Stock Down 1.0%
Shares of NYSE MAA opened at $117.12 on Friday. Mid-America Apartment Communities, Inc. has a 12-month low of $113.95 and a 12-month high of $144.41. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.11 and a quick ratio of 0.09. The firm’s 50-day moving average is $121.39 and its two-hundred day moving average is $129.17. The company has a market capitalization of $13.59 billion, a PE ratio of 35.49 and a beta of 0.75.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last announced its earnings results on Wednesday, October 28th. The real estate investment trust reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $2.10 by ($1.38). The company had revenue of $560.13 million for the quarter, compared to analyst estimates of $558.07 million. Mid-America Apartment Communities had a net margin of 17.43% and a return on equity of 6.89%. Mid-America Apartment Communities’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the company posted $2.16 EPS. Equities analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.51 EPS for the current fiscal year.
Mid-America Apartment Communities Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 15th were issued a $1.53 dividend. The ex-dividend date was Thursday, October 15th. This represents a $6.12 annualized dividend and a yield of 5.2%. Mid-America Apartment Communities’s payout ratio is 185.45%.
Mid-America Apartment Communities Profile
Mid-America Apartment Communities, Inc (NYSE: MAA) is a real estate investment trust that owns, operates and develops multifamily apartment communities. Its portfolio is focused primarily on conventional apartment housing, with properties offering a range of floor plans and amenities designed for individual renters, couples and families.
MAA concentrates its operations in high-growth markets across the Sun Belt, including communities in the Southeast, Southwest and Mid-Atlantic regions of the United States.
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