Mid-America Apartment Communities (MAA) Projected to Post Quarterly Earnings on Wednesday

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $2.17 per share and revenue of $551.21 million for the quarter. Mid-America Apartment Communities has set its Q1 2025 guidance at 2.080-2.240 EPS and its FY 2025 guidance at 8.610-8.930 EPS.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $2.23 EPS for the quarter, beating the consensus estimate of $1.04 by $1.19. Mid-America Apartment Communities had a net margin of 24.03% and a return on equity of 8.53%. On average, analysts expect Mid-America Apartment Communities to post $9 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Mid-America Apartment Communities Trading Up 2.3 %

Shares of MAA stock opened at $158.36 on Wednesday. Mid-America Apartment Communities has a fifty-two week low of $125.99 and a fifty-two week high of $173.38. The stock's fifty day moving average price is $161.24 and its two-hundred day moving average price is $157.07. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.08 and a current ratio of 0.08. The company has a market cap of $18.51 billion, a PE ratio of 35.35, a P/E/G ratio of 3.72 and a beta of 0.79.

Mid-America Apartment Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be given a $1.515 dividend. This represents a $6.06 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Tuesday, April 15th. Mid-America Apartment Communities's dividend payout ratio is presently 135.27%.

Insider Buying and Selling

In other Mid-America Apartment Communities news, CEO H Eric Bolton, Jr. sold 2,643 shares of the stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $149.93, for a total transaction of $396,264.99. Following the completion of the sale, the chief executive officer now directly owns 319,813 shares in the company, valued at approximately $47,949,563.09. This trade represents a 0.82 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 7,140 shares of company stock valued at $1,142,842 over the last quarter. Insiders own 1.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Royal Bank of Canada raised their price target on shares of Mid-America Apartment Communities from $158.00 to $161.00 and gave the company a "sector perform" rating in a research note on Friday, February 7th. StockNews.com upgraded shares of Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a research report on Wednesday. Scotiabank raised shares of Mid-America Apartment Communities from a "sector perform" rating to a "sector outperform" rating and boosted their target price for the stock from $173.00 to $182.00 in a research note on Friday, February 14th. Raymond James increased their price target on Mid-America Apartment Communities from $180.00 to $185.00 and gave the company a "strong-buy" rating in a research note on Thursday, March 20th. Finally, Jefferies Financial Group upgraded Mid-America Apartment Communities from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $148.00 to $190.00 in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $168.76.

Mid-America Apartment Communities Company Profile

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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