Scotiabank Cuts Mid-America Apartment Communities (NYSE:MAA) Price Target to $140.00

Mid-America Apartment Communities (NYSE:MAA) had its price objective decreased by Scotiabank from $142.00 to $140.00 in a research report sent to investors on Wednesday morning,Benzinga reports. Scotiabank currently has a sector perform rating on the real estate investment trust’s stock.

MAA has been the subject of several other reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Monday, December 29th. Citigroup reduced their price target on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Evercore dropped their target price on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating on the stock in a research report on Monday, December 15th. Morgan Stanley lowered their price target on Mid-America Apartment Communities from $169.00 to $164.00 and set an “overweight” rating for the company in a research report on Thursday, November 13th. Finally, BTIG Research dropped their price objective on shares of Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Nine investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Mid-America Apartment Communities has an average rating of “Hold” and an average price target of $152.75.

Mid-America Apartment Communities Stock Down 1.2%

NYSE MAA opened at $132.76 on Wednesday. The stock has a market cap of $15.52 billion, a PE ratio of 35.12, a P/E/G ratio of 2.23 and a beta of 0.79. The stock’s 50 day moving average is $135.14 and its 200 day moving average is $135.73. Mid-America Apartment Communities has a 12 month low of $125.75 and a 12 month high of $171.56. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA) last posted its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The business had revenue of $555.56 million during the quarter, compared to analysts’ expectations of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the business posted $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. Research analysts predict that Mid-America Apartment Communities will post 8.84 EPS for the current fiscal year.

Mid-America Apartment Communities Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were given a $1.53 dividend. This represents a $6.12 dividend on an annualized basis and a dividend yield of 4.6%. This is a positive change from Mid-America Apartment Communities’s previous quarterly dividend of $1.52. The ex-dividend date was Thursday, January 15th. Mid-America Apartment Communities’s dividend payout ratio (DPR) is currently 161.90%.

Insider Activity at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total value of $31,804.50. Following the completion of the sale, the executive vice president owned 3,799 shares in the company, valued at approximately $518,563.50. This represents a 5.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total transaction of $750,035.98. Following the completion of the transaction, the executive vice president directly owned 49,745 shares in the company, valued at $6,876,251.35. This trade represents a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 6,079 shares of company stock valued at $838,698. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of Mid-America Apartment Communities

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Mid-America Apartment Communities by 0.5% in the second 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 period. State Street Corp increased its holdings in shares of Mid-America Apartment Communities by 1.6% during the 3rd quarter. State Street Corp now owns 8,119,375 shares of the real estate investment trust’s stock worth $1,134,520,000 after buying an additional 125,130 shares during the last quarter. Norges Bank acquired a new position in Mid-America Apartment Communities in the fourth quarter valued at approximately $750,603,000. Viking Global Investors LP lifted its holdings in Mid-America Apartment Communities by 46.7% in the fourth quarter. Viking Global Investors LP now owns 3,880,048 shares of the real estate investment trust’s stock valued at $538,977,000 after acquiring an additional 1,234,966 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Mid-America Apartment Communities by 1.2% in 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 acquiring an additional 40,028 shares during the period. 93.60% of the stock is owned by institutional investors and hedge funds.

More Mid-America Apartment Communities News

Here are the key news stories impacting Mid-America Apartment Communities this week:

• Positive Sentiment: Some investors see valuation support after a roughly 16% one‑year decline — a Yahoo Finance piece examines whether MAA’s current price looks attractive to value buyers. Is Mid‑America Apartment Communities (MAA) Pricing Look Attractive After A 15.9% One‑Year Share Decline
• Positive Sentiment: Since the last earnings report the stock has shown some recovery (up ~2.8% since earnings), suggesting short‑term momentum can emerge after the Q4 miss. Why Is Mid‑America Apartment Communities (MAA) Up 2.8% Since Last Earnings Report?
• Neutral Sentiment: Analysts’ consensus remains around a “Hold”/“Equal Weight” stance for MAA, signaling mixed conviction rather than a strong buy/sell consensus. Mid‑America Apartment Communities, Inc. (NYSE:MAA) Given Average Rating of “Hold” by Analysts
• Neutral Sentiment: Barclays trimmed its price target to $138 and kept an equal‑weight rating, leaving only modest upside from current levels — a sign of cautious, but not bearish, positioning. Benzinga Barclays Price Target
• Negative Sentiment: Scotiabank cut its target and cited limited near‑term catalysts — one of the more prominently negative analyst notes pressuring the stock today. Scotiabank cuts Mid‑America Apartment Communities (MAA) target, sees limited near‑term catalysts
• Negative Sentiment: Zacks and other outlets have published cautious/pessimistic takes on recent quarterly results and near‑term earnings, echoing concerns after MAA’s Q4 EPS miss and modest revenue beat. Zacks Research Has Pessimistic Outlook of MAA Q4 Earnings
• Negative Sentiment: Multiple price‑target trims (including BTIG’s adjustment) add to downward pressure and signal analysts are reassessing cash‑flow and rate sensitivity risks for the REIT. BTIG Research Cuts Mid‑America Apartment Communities (NYSE:MAA) Price Target to $150.00

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.