Mid-America Apartment Communities (NYSE:MAA) Price Target Cut to $156.00 by Analysts at Wells Fargo & Company

Key Points

• Wells Fargo & Company has cut the price target for Mid-America Apartment Communities (NYSE: MAA) from $173.00 to $156.00, while maintaining an "overweight" rating on the stock.
• Mid-America Apartment Communities reported earnings of $2.15 EPS for the last quarter, slightly beating analysts' expectations, with guidance for Q3 2025 set at 2.080-2.240 EPS.
• The stock currently has an average rating of "Hold" from analysts, with a consensus target price of $162.79.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) had its target price dropped by research analysts at Wells Fargo & Company from $173.00 to $156.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an "overweight" rating on the real estate investment trust's stock. Wells Fargo & Company's target price points to a potential upside of 9.40% from the stock's previous close.

Several other equities analysts have also issued reports on MAA. JMP Securities lifted their target price on shares of Mid-America Apartment Communities from $160.00 to $170.00 and gave the company a "market outperform" rating in a report on Thursday, May 22nd. Truist Financial lowered their price objective on Mid-America Apartment Communities from $174.00 to $171.00 and set a "buy" rating for the company in a research note on Wednesday, May 21st. Royal Bank Of Canada lowered their price objective on Mid-America Apartment Communities from $158.00 to $155.00 and set a "sector perform" rating for the company in a research note on Friday, August 1st. UBS Group lowered their price target on Mid-America Apartment Communities from $149.00 to $142.00 and set a "sell" rating for the company in a research report on Tuesday, July 15th. Finally, Mizuho raised shares of Mid-America Apartment Communities from a "neutral" rating to an "outperform" rating and decreased their target price for the stock from $161.00 to $150.00 in a report on Thursday, August 14th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $162.79.

Mid-America Apartment Communities Trading Up 0.4%

MAA opened at $142.60 on Wednesday. The stock has a market cap of $16.69 billion, a PE ratio of 29.34, a PEG ratio of 3.80 and a beta of 0.75. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.83. The business has a 50 day moving average of $146.50 and a 200-day moving average of $154.84. Mid-America Apartment Communities has a 52 week low of $137.32 and a 52 week high of $173.38.

Mid-America Apartment Communities (NYSE:MAA - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, beating the consensus estimate of $2.14 by $0.01. The business had revenue of $549.90 million during the quarter, compared to analyst estimates of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The company's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter last year, the firm posted $2.22 earnings per share. 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. Equities research analysts predict that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Mid-America Apartment Communities

A number of hedge funds have recently added to or reduced their stakes in MAA. Squarepoint Ops LLC increased its position in shares of Mid-America Apartment Communities by 492.1% during the 2nd quarter. Squarepoint Ops LLC now owns 63,766 shares of the real estate investment trust's stock valued at $9,438,000 after purchasing an additional 52,996 shares during the last quarter. Stance Capital LLC increased its holdings in Mid-America Apartment Communities by 46.5% in the 2nd quarter. Stance Capital LLC now owns 11,600 shares of the real estate investment trust's stock worth $1,717,000 after acquiring an additional 3,683 shares in the last quarter. Pathway Financial Advisers LLC increased its holdings in Mid-America Apartment Communities by 7.3% in the 2nd quarter. Pathway Financial Advisers LLC now owns 4,863 shares of the real estate investment trust's stock worth $720,000 after acquiring an additional 330 shares in the last quarter. State of Wyoming increased its holdings in Mid-America Apartment Communities by 172.8% in the 2nd quarter. State of Wyoming now owns 2,401 shares of the real estate investment trust's stock worth $355,000 after acquiring an additional 1,521 shares in the last quarter. Finally, Hudson Bay Capital Management LP increased its stake in shares of Mid-America Apartment Communities by 0.4% in the second quarter. Hudson Bay Capital Management LP now owns 51,042 shares of the real estate investment trust's stock worth $7,555,000 after purchasing an additional 195 shares in the last quarter. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Company Profile

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.

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