Mid-America Apartment Communities (NYSE:MAA) Given New $152.00 Price Target at Mizuho

Key Points

• Mizuho raised its price target on Mid-America Apartment Communities to $152 from $148 and maintained an outperform rating, implying about 9.55% upside from the prior close.
• The broader analyst view remains mixed: the stock has a Hold consensus rating with an average price target of $143.56, even as several firms recently adjusted their targets and ratings.
• MAA reported Q1 EPS of $2.13, far above the $0.83 consensus estimate, while revenue came in roughly in line; the company also gave Q2 and full-year 2026 EPS guidance above current-year analyst expectations.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) had its price target hoisted by investment analysts at Mizuho from $148.00 to $152.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has an "outperform" rating on the real estate investment trust's stock. Mizuho's price objective would suggest a potential upside of 9.55% from the stock's previous close.

MAA has been the topic of a number of other reports. UBS Group lowered their target price on shares of Mid-America Apartment Communities from $134.00 to $132.00 and set a "neutral" rating on the stock in a research note on Thursday, May 14th. Barclays upped their target price on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an "equal weight" rating in a research report on Monday, May 11th. Wells Fargo & Company lowered their price target on Mid-America Apartment Communities from $150.00 to $140.00 and set an "overweight" rating for the company in a research report on Thursday, April 23rd. KeyCorp cut their price objective on Mid-America Apartment Communities from $170.00 to $155.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 11th. Finally, Citigroup reissued a "market outperform" rating on shares of Mid-America Apartment Communities in a research note on Wednesday. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of "Hold" and a consensus price target of $143.56.

Mid-America Apartment Communities Stock Performance

Mid-America Apartment Communities stock opened at $138.75 on Wednesday. Mid-America Apartment Communities has a 1-year low of $120.30 and a 1-year high of $153.93. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $16.15 billion, a PE ratio of 42.04 and a beta of 0.76. The firm's 50 day simple moving average is $128.37 and its 200 day simple moving average is $131.56.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The firm had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. During the same period in the previous year, the business earned $2.20 EPS. The business's revenue for the quarter was up .8% on a year-over-year basis. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. As a group, analysts expect that Mid-America Apartment Communities will post 8.52 earnings per share for the current fiscal year.

Insider Buying and Selling at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, Director Tamara D. Fischer purchased 1,100 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was bought at an average cost of $128.55 per share, with a total value of $141,405.00. Following the transaction, the director directly owned 1,100 shares in the company, valued at approximately $141,405. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Amber Fairbanks sold 711 shares of the business's stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $124.73, for a total transaction of $88,683.03. Following the sale, the executive vice president directly owned 4,471 shares in the company, valued at $557,667.83. The trade was a 13.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,039 shares of company stock valued at $129,594 in the last three months. Insiders own 0.60% of the company's stock.

Institutional Trading of Mid-America Apartment Communities

Several hedge funds and other institutional investors have recently made changes to their positions in MAA. EMG Holdings L.P. increased its holdings in shares of Mid-America Apartment Communities by 40.3% during the first quarter. EMG Holdings L.P. now owns 34,800 shares of the real estate investment trust's stock valued at $4,250,000 after acquiring an additional 10,000 shares in the last quarter. Bank of America Corp DE raised its holdings in Mid-America Apartment Communities by 11.5% in the first quarter. Bank of America Corp DE now owns 841,563 shares of the real estate investment trust's stock worth $102,772,000 after buying an additional 87,091 shares during the last quarter. Bull Harbor Capital LLC bought a new position in shares of Mid-America Apartment Communities in the first quarter worth approximately $489,000. Amundi lifted its stake in shares of Mid-America Apartment Communities by 46.9% in the first quarter. Amundi now owns 517,233 shares of the real estate investment trust's stock worth $63,164,000 after buying an additional 165,122 shares in the last quarter. Finally, Adelante Capital Management LLC grew its holdings in shares of Mid-America Apartment Communities by 34.9% during the first quarter. Adelante Capital Management LLC now owns 156,165 shares of the real estate investment trust's stock valued at $19,071,000 after buying an additional 40,404 shares during the last quarter. Hedge funds and other institutional investors own 93.60% of the company's stock.

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.