Wealthfront Advisers LLC Buys Shares of 43,211 Mid-America Apartment Communities, Inc. $MAA

Wealthfront Advisers LLC purchased a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 43,211 shares of the real estate investment trust's stock, valued at approximately $6,004,000.

A number of other hedge funds have also modified their holdings of the business. Algebris UK Ltd. raised its stake in shares of Mid-America Apartment Communities by 27.5% in the 4th quarter. Algebris UK Ltd. now owns 132,098 shares of the real estate investment trust's stock valued at $18,358,000 after acquiring an additional 28,528 shares during the period. Norges Bank purchased a new position in shares of Mid-America Apartment Communities during the 4th quarter worth approximately $750,603,000. Swiss Life Asset Management Ltd boosted its position in shares of Mid-America Apartment Communities by 466.5% during the 4th quarter. Swiss Life Asset Management Ltd now owns 45,424 shares of the real estate investment trust's stock worth $6,310,000 after purchasing an additional 37,405 shares during the period. Nomura Asset Management Co. Ltd. increased its holdings in Mid-America Apartment Communities by 4.2% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 216,565 shares of the real estate investment trust's stock valued at $30,083,000 after purchasing an additional 8,724 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in Mid-America Apartment Communities by 29.5% in the 4th quarter. BNP Paribas Financial Markets now owns 246,786 shares of the real estate investment trust's stock valued at $34,281,000 after purchasing an additional 56,224 shares during the last quarter. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Stock Up 0.6%

Mid-America Apartment Communities stock opened at $132.27 on Friday. Mid-America Apartment Communities, Inc. has a 1-year low of $120.30 and a 1-year high of $146.41. 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 $15.35 billion, a PE ratio of 38.68 and a beta of 0.73. The stock's fifty day moving average is $135.02 and its two-hundred day moving average is $131.54.

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 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $555.13 million during the quarter, compared to analysts' expectations of $556.18 million. During the same period in the prior year, the firm posted $2.15 EPS. The business's quarterly revenue was up 1.0% compared to the same quarter last year. 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, sell-side analysts expect that Mid-America Apartment Communities, Inc. will post 8.52 EPS for the current fiscal year.

Key Mid-America Apartment Communities News

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 topic of a number of research reports. Mizuho upped their price target on Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 10th. Scotiabank dropped their price objective on Mid-America Apartment Communities from $137.00 to $134.00 and set a "sector underperform" rating for the company in a research note on Tuesday, August 4th. Wells Fargo & Company lifted their price objective on Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an "overweight" rating in a research note on Wednesday, July 22nd. Citigroup reiterated a "market outperform" rating on shares of Mid-America Apartment Communities in a report on Wednesday, June 10th. Finally, Barclays decreased their target price on Mid-America Apartment Communities from $147.00 to $146.00 and set an "equal weight" rating on the stock in a research note on Monday. Eight 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. Based on data from MarketBeat, Mid-America Apartment Communities has a consensus rating of "Hold" and an average price target of $144.81.

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.

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