Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analyst consensus is “Hold” for Mid-America Apartment Communities, with 11 hold, 8 buy, and 1 sell ratings. The average 12-month price target is $142.31, above the stock’s reported $118.81 opening price.
• MAA shares have weakened, trading near their one-year low of $117.98 and below both their 50-day and 200-day moving averages of roughly $130.45.
• The REIT exceeded quarterly EPS expectations, reporting $2.08 versus the $0.76 consensus, while revenue reached $555.13 million. Institutional investors retain significant ownership, holding 93.6% of outstanding shares.

Mid-America Apartment Communities, Inc. (NYSE:MAA - Get Free Report) has been given an average rating of "Hold" by the twenty ratings firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $142.3125.

MAA has been the subject of a number of research analyst reports. Piper Sandler cut their price objective on Mid-America Apartment Communities from $143.00 to $140.00 and set a "neutral" rating for the company in a research report on Friday, July 31st. Jefferies Financial Group raised Mid-America Apartment Communities to a "hold" rating in a research note on Wednesday, July 22nd. BNP Paribas Exane upgraded Mid-America Apartment Communities from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 11th. Morgan Stanley reduced their price objective on Mid-America Apartment Communities from $155.00 to $147.00 and set an "overweight" rating on the stock in a research note on Wednesday, August 12th. Finally, Truist Financial decreased their price objective on Mid-America Apartment Communities from $146.00 to $132.00 and set a "buy" rating on the stock in a report on Thursday.

Institutional Investors Weigh In On Mid-America Apartment Communities

Hedge funds have recently bought and sold shares of the business. Elevation Wealth Partners LLC increased its holdings in shares of Mid-America Apartment Communities by 593.1% in the 2nd quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust's stock worth $28,000 after buying an additional 172 shares during the last quarter. Raiffeisen Bank International AG lifted its holdings in shares of Mid-America Apartment Communities by 116.7% in the 2nd quarter. Raiffeisen Bank International AG now owns 221 shares of the real estate investment trust's stock valued at $31,000 after acquiring an additional 119 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of Mid-America Apartment Communities in the 4th quarter valued at about $32,000. Transamerica Financial Advisors LLC purchased a new position in Mid-America Apartment Communities in the second quarter worth about $37,000. Finally, Hurley Capital LLC grew its position in Mid-America Apartment Communities by 70.4% in the fourth quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust's stock worth $38,000 after acquiring an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company's stock.

Mid-America Apartment Communities Trading Down 0.1%

Mid-America Apartment Communities stock opened at $118.81 on Tuesday. Mid-America Apartment Communities has a 1 year low of $117.98 and a 1 year high of $144.41. The firm's 50 day moving average price is $130.49 and its 200-day moving average price is $130.45. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09. The stock has a market cap of $13.78 billion, a P/E ratio of 34.74 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.76 by $1.32. The firm had revenue of $555.13 million during the quarter, compared to analyst estimates of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. Mid-America Apartment Communities's revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.15 earnings per share. 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. On average, equities analysts predict that Mid-America Apartment Communities will post 8.51 earnings per share for the current fiscal year.

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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