UBS Group Reiterates Neutral Rating for Mid-America Apartment Communities (NYSE:MAA)

Key Points

• UBS Group reiterated a “Neutral” rating on Mid-America Apartment Communities, lowering its price target from $132 to $129—implying only 2.69% potential upside.
• Analyst sentiment remains mixed but leans toward “Hold”: eight analysts rate MAA a Buy, 11 a Hold, and one a Sell, producing a consensus price target of $143.75.
• MAA reported quarterly EPS of $2.08, well above the $0.76 consensus estimate, while revenue reached $555.13 million and rose 1% year over year. Institutional investors own a substantial 93.6% of the company’s shares.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report)'s stock had its "neutral" rating reiterated by investment analysts at UBS Group in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $129.00 price target on the real estate investment trust's stock, down from their prior price target of $132.00. UBS Group's target price suggests a potential upside of 2.69% from the stock's current price.

A number of other research firms have also weighed in on MAA. Weiss Ratings upgraded shares of Mid-America Apartment Communities from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, July 20th. Citigroup reiterated a "market outperform" rating on shares of Mid-America Apartment Communities in a research report on Wednesday, September 2nd. Morgan Stanley reduced their price target on Mid-America Apartment Communities from $155.00 to $147.00 and set an "overweight" rating on the stock in a report on Wednesday, August 12th. Wall Street Zen upgraded shares of Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Piper Sandler reduced their target price on Mid-America Apartment Communities from $143.00 to $140.00 and set a "neutral" rating on the stock in a research report on Friday, July 31st. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $143.75.

Mid-America Apartment Communities Trading Up 0.7%

Mid-America Apartment Communities stock opened at $125.62 on Tuesday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02. Mid-America Apartment Communities has a 52 week low of $120.30 and a 52 week high of $144.41. The company has a market capitalization of $14.57 billion, a price-to-earnings ratio of 36.73 and a beta of 0.73. The stock has a 50-day moving average price of $132.11 and a 200 day moving average price of $130.91.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, topping the consensus estimate of $0.76 by $1.32. The business had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The business's quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.15 EPS. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Sell-side analysts anticipate that Mid-America Apartment Communities will post 8.51 EPS for the current year.

Institutional Investors Weigh In On Mid-America Apartment Communities

A number of hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System grew its position in shares of Mid-America Apartment Communities by 15,857.1% during the 2nd quarter. California State Teachers Retirement System now owns 27,639,334 shares of the real estate investment trust's stock worth $3,840,209,000 after purchasing an additional 27,466,124 shares in the last quarter. BlackRock Inc. bought a new stake in Mid-America Apartment Communities during the second quarter worth $1,820,661,000. Norges Bank bought a new stake in shares of Mid-America Apartment Communities during the 4th quarter worth $750,603,000. Geode Capital Management LLC lifted its holdings in shares of 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 last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Mid-America Apartment Communities by 3.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,772,445 shares of the real estate investment trust's stock valued at $216,450,000 after buying an additional 63,519 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company's stock.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc NYSE: MAA is a self-administered and self-managed real estate investment trust that owns, operates, acquires and develops multifamily apartment communities. The company focuses primarily on conventional apartment properties and generates revenue through leasing residential units to individuals and families.

MAA's portfolio is concentrated in the Sun Belt region of the United States, including markets across the Southeast, Southwest and parts of the South Central United States.

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