Mid-America Apartment Communities (NYSE:MAA – Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.080-2.240 for the period, compared to the consensus estimate of 2.190. The company issued revenue guidance of -. Mid-America Apartment Communities also updated its FY 2025 guidance to 8.610-8.930 EPS.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the stock. Raymond James raised shares of Mid-America Apartment Communities from a “market perform” rating to a “strong-buy” rating and set a $175.00 price objective for the company in a research report on Monday, October 21st. BMO Capital Markets lowered their price target on Mid-America Apartment Communities from $157.00 to $155.00 and set a “market perform” rating for the company in a report on Tuesday, January 21st. StockNews.com downgraded Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Tuesday, November 5th. Scotiabank decreased their target price on Mid-America Apartment Communities from $174.00 to $173.00 and set a “sector perform” rating for the company in a research report on Thursday, November 14th. Finally, Wells Fargo & Company dropped their price target on Mid-America Apartment Communities from $174.00 to $164.00 and set an “overweight” rating on the stock in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Mid-America Apartment Communities has a consensus rating of “Hold” and a consensus target price of $166.00.
Get Our Latest Stock Analysis on Mid-America Apartment Communities
Mid-America Apartment Communities Stock Up 1.6 %
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $2.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $1.19. Mid-America Apartment Communities had a net margin of 23.84% and a return on equity of 8.38%. On average, analysts forecast that Mid-America Apartment Communities will post 8.89 EPS for the current year.
Mid-America Apartment Communities Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a dividend of $1.515 per share. This is an increase from Mid-America Apartment Communities’s previous quarterly dividend of $1.47. This represents a $6.06 annualized dividend and a dividend yield of 3.86%. The ex-dividend date was Wednesday, January 15th. Mid-America Apartment Communities’s payout ratio is presently 136.79%.
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.
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