EntryPoint Capital LLC Acquires New Holdings in Mid-America Apartment Communities, Inc. $MAA

Key Points

• EntryPoint Capital LLC has purchased 3,919 shares of Mid-America Apartment Communities, valued at approximately $657,000, marking a significant investment in the real estate investment trust.
• Mid-America's most recent earnings revealed a 2.15 EPS, slightly surpassing analysts' expectations of 2.14, with year-over-year revenue growth of 0.6%.
• Analysts have mixed sentiments on the stock, with price targets ranging from $152 to $170, and an average rating of "Hold."

EntryPoint Capital LLC bought a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,919 shares of the real estate investment trust's stock, valued at approximately $657,000.

Several other institutional investors have also modified their holdings of MAA. Larson Financial Group LLC lifted its stake in shares of Mid-America Apartment Communities by 107.1% in the first quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust's stock worth $29,000 after buying an additional 91 shares in the last quarter. Financial Network Wealth Advisors LLC purchased a new position in shares of Mid-America Apartment Communities in the first quarter worth about $29,000. CoreCap Advisors LLC lifted its stake in shares of Mid-America Apartment Communities by 94.9% in the fourth quarter. CoreCap Advisors LLC now owns 230 shares of the real estate investment trust's stock worth $36,000 after buying an additional 112 shares in the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of Mid-America Apartment Communities in the first quarter worth about $38,000. Finally, GoalVest Advisory LLC lifted its stake in shares of Mid-America Apartment Communities by 200.0% in the first quarter. GoalVest Advisory LLC now owns 240 shares of the real estate investment trust's stock worth $40,000 after buying an additional 160 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on MAA. Mizuho raised shares of Mid-America Apartment Communities from a "neutral" rating to an "outperform" rating and reduced their target price for the stock from $161.00 to $150.00 in a research note on Thursday, August 14th. JMP Securities lifted their target price on shares of Mid-America Apartment Communities from $160.00 to $170.00 and gave the stock a "market outperform" rating in a research note on Thursday, May 22nd. Wall Street Zen raised shares of Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a research note on Sunday, August 10th. UBS Group reduced their price target on shares of Mid-America Apartment Communities from $149.00 to $142.00 and set a "sell" rating on the stock in a research note on Tuesday, July 15th. Finally, The Goldman Sachs Group downgraded shares of Mid-America Apartment Communities from a "buy" rating to a "neutral" rating and set a $165.00 price target on the stock. in a research note on Friday, July 11th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Mid-America Apartment Communities presently has a consensus rating of "Hold" and an average price target of $163.21.

Mid-America Apartment Communities Stock Up 1.3%

NYSE MAA traded up $1.8790 on Friday, hitting $142.8890. 849,670 shares of the stock were exchanged, compared to its average volume of 925,204. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.83. Mid-America Apartment Communities, Inc. has a fifty-two week low of $137.32 and a fifty-two week high of $173.38. The company has a market cap of $16.73 billion, a PE ratio of 29.40, a PEG ratio of 3.77 and a beta of 0.75. The company has a 50-day moving average price of $146.78 and a 200-day moving average price of $155.08.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share for the quarter, topping the consensus estimate of $2.14 by $0.01. The business had revenue of $549.90 million during the quarter, compared to the consensus estimate of $552.19 million. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The company's revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.22 EPS. Mid-America Apartment Communities has set its Q3 2025 guidance at 2.080-2.240 EPS. FY 2025 guidance at 8.650-8.890 EPS. Sell-side analysts anticipate that Mid-America Apartment Communities, Inc. will post 8.84 EPS for the current fiscal year.

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.