Allworth Financial LP Takes $5.71 Million Position in Mid-America Apartment Communities, Inc. $MAA

Allworth Financial LP purchased a new position in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 41,083 shares of the real estate investment trust's stock, valued at approximately $5,708,000.

A number of other hedge funds also recently bought and sold shares of MAA. Physician Wealth Advisors Inc. increased its position in shares of Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust's stock valued at $26,000 after acquiring an additional 75 shares in the last quarter. Elevation Wealth Partners LLC raised its holdings in 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 acquiring an additional 172 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in Mid-America Apartment Communities in the 4th quarter valued at approximately $32,000. Measured Wealth Private Client Group LLC bought a new position in Mid-America Apartment Communities in the 3rd quarter valued at approximately $33,000. Finally, Hurley Capital LLC lifted its position in Mid-America Apartment Communities by 70.4% in the 4th quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust's stock valued at $38,000 after acquiring an additional 112 shares in the last quarter. Institutional investors own 93.60% of the company's stock.

Key Headlines Impacting Mid-America Apartment Communities

Here are the key news stories impacting Mid-America Apartment Communities this week:

• Positive Sentiment: Zacks Research raised its Q3 2026 EPS forecast to $2.10 from $2.09, lifted Q4 2026 EPS to $2.19 from $2.18, and increased its full-year 2026 estimate to $8.50 from $8.47. The revised annual forecast is close to the broader consensus of $8.51, suggesting expectations for relatively stable near-term operating performance.
• Positive Sentiment: Analysts remain moderately optimistic about MAA’s longer-term prospects despite the stock’s underperformance versus the broader market over the past year. Mid-America Apartment Communities Stock: Analyst Estimates & Ratings
• Neutral Sentiment: MAA’s shares are trading above their 200-day moving average but below the 50-day average, reflecting a mixed technical picture. As an apartment REIT, the stock may also benefit from its relatively low beta and defensive rental-income profile, though valuation remains elevated at roughly 39 times earnings.
• Negative Sentiment: Zacks reduced several future earnings forecasts, including Q1 2027 EPS to $2.14 from $2.15, Q2 2028 EPS to $2.16 from $2.21, Q3 2027 EPS to $2.10 from $2.16, and Q4 2027 EPS to $2.28 from $2.32.
• Negative Sentiment: Zacks cut its FY2027 EPS forecast to $8.59 from $8.68 and FY2028 EPS to $8.93 from $9.27. The FY2028 reduction is the most significant revision and may weigh on investor sentiment by signaling more limited long-term growth.
• Negative Sentiment: Barclays maintained a Hold rating while lowering its expectations for MAA’s stock price, indicating limited conviction that the shares will outperform in the near term. Barclays Remains a Hold on Mid-America Apartment

Analyst Upgrades and Downgrades

MAA has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their target price on Mid-America Apartment Communities from $140.00 to $148.00 and gave the stock an "overweight" rating in a report on Wednesday, July 22nd. Morgan Stanley lowered 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 raised Mid-America Apartment Communities from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. BNP Paribas Exane upgraded Mid-America Apartment Communities from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 11th. Finally, Cantor Fitzgerald lifted their price objective on Mid-America Apartment Communities from $132.00 to $140.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Mid-America Apartment Communities currently has an average rating of "Hold" and a consensus target price of $144.81.

Mid-America Apartment Communities Price Performance

Shares of MAA opened at $132.27 on Friday. The firm has a fifty day simple moving average of $135.02 and a two-hundred day simple moving average of $131.54. The firm has a market cap of $15.35 billion, a PE ratio of 38.68 and a beta of 0.73. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $146.41.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The firm had revenue of $555.13 million for the quarter, compared to the consensus estimate of $556.18 million. During the same period last year, the business posted $2.15 EPS. The company's revenue for the quarter was up 1.0% on a year-over-year basis. 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 anticipate that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current year.

About Mid-America Apartment Communities

Mid-America Apartment Communities, Inc NYSE: MAA is a publicly traded real estate investment trust (REIT) specializing in the acquisition, development, redevelopment and operation of multifamily residential properties. The company focuses on high-barrier-to-entry apartment communities, offering a mix of one-, two- and three-bedroom homes designed to meet the needs of diverse renter demographics. Its integrated business model encompasses property management, leasing, maintenance and customer service, providing residents with a comprehensive living experience under one ownership platform.

MAA's portfolio comprises more than 100 communities and over 40,000 apartment homes across key Sun Belt markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source