Mid-America Apartment Communities (NYSE:MAA) Issues Q1 2025 Earnings Guidance

Mid-America Apartment Communities (NYSE:MAA) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.080-2.240 for the period, compared to the consensus EPS 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.

Mid-America Apartment Communities Stock Up 0.4 %

Shares of MAA stock traded up $0.67 during trading on Thursday, hitting $157.54. 249,365 shares of the company were exchanged, compared to its average volume of 659,898. The business’s 50-day simple moving average is $153.89 and its 200 day simple moving average is $155.10. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.09 and a current ratio of 0.09. Mid-America Apartment Communities has a twelve month low of $121.51 and a twelve month high of $167.39. The firm has a market capitalization of $18.41 billion, a price-to-earnings ratio of 35.56, a P/E/G ratio of 2.46 and a beta of 0.91.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $1.19. Mid-America Apartment Communities had a return on equity of 8.38% and a net margin of 23.84%. As a group, analysts forecast that Mid-America Apartment Communities will post 8.89 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 31st. Shareholders of record on Wednesday, January 15th were paid a $1.515 dividend. The ex-dividend date was Wednesday, January 15th. This is a boost from Mid-America Apartment Communities’s previous quarterly dividend of $1.47. This represents a $6.06 dividend on an annualized basis and a yield of 3.85%. Mid-America Apartment Communities’s payout ratio is 136.79%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays lowered their target price on shares of Mid-America Apartment Communities from $166.00 to $152.00 and set an “equal weight” rating on the stock in a research report on Friday, January 24th. Mizuho reduced their price objective on shares of Mid-America Apartment Communities from $163.00 to $159.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Evercore ISI assumed coverage on shares of Mid-America Apartment Communities in a report on Friday, January 24th. They issued an “inline” rating and a $155.00 target price on the stock. KeyCorp upgraded Mid-America Apartment Communities from a “sector weight” rating to an “overweight” rating and set a $180.00 price objective on the stock in a research note on Tuesday, December 17th. Finally, Scotiabank lowered their target price on Mid-America Apartment Communities from $174.00 to $173.00 and set a “sector perform” rating on the stock in a report on Thursday, November 14th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $166.00.

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.