Mid-America Apartment Communities (NYSE:MAA) Price Target Raised to $141.00

Mid-America Apartment Communities (NYSE:MAA) had its target price raised by equities researchers at Cantor Fitzgerald from $137.00 to $141.00 in a report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s price target points to a potential upside of 6.65% from the company’s previous close.

A number of other research firms have also recently weighed in on MAA. Piper Sandler lowered their price objective on Mid-America Apartment Communities from $153.00 to $140.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. BMO Capital Markets raised shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and lifted their price target for the company from $150.00 to $158.00 in a report on Friday, January 9th. Mizuho upped their price target on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Monday, December 29th. Finally, Royal Bank Of Canada lowered their target price on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a research note on Friday. Nine equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and an average target price of $154.63.

Mid-America Apartment Communities Stock Up 1.1%

MAA opened at $132.21 on Monday. The firm’s 50 day simple moving average is $135.10 and its two-hundred day simple moving average is $136.87. The company has a market capitalization of $15.48 billion, a PE ratio of 34.98, a PEG ratio of 3.79 and a beta of 0.79. Mid-America Apartment Communities has a 1-year low of $125.75 and a 1-year high of $173.38. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 0.93.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The business had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. During the same period in the previous year, the firm earned $2.23 EPS. The company’s revenue was up 1.0% on a year-over-year basis. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. As a group, equities analysts forecast that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Insider Buying and Selling at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total value of $750,035.98. Following the sale, the executive vice president owned 49,745 shares in the company, valued at $6,876,251.35. The trade was a 9.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Adrian Hill bought 758 shares of Mid-America Apartment Communities stock in a transaction dated Friday, December 12th. The stock was purchased at an average cost of $131.83 per share, for a total transaction of $99,927.14. Following the completion of the acquisition, the executive vice president directly owned 48,766 shares of the company’s stock, valued at approximately $6,428,821.78. The trade was a 1.58% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have sold 6,079 shares of company stock worth $838,698. Insiders own 1.30% of the company’s stock.

Institutional Trading of Mid-America Apartment Communities

Several hedge funds have recently modified their holdings of the company. Norges Bank purchased a new position in shares of Mid-America Apartment Communities during the 2nd quarter worth about $795,893,000. Viking Global Investors LP purchased a new position in shares of Mid-America Apartment Communities during the third quarter valued at approximately $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Mid-America Apartment Communities by 621.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock valued at $168,805,000 after buying an additional 1,040,525 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Mid-America Apartment Communities by 461.9% during the second quarter. Daiwa Securities Group Inc. now owns 721,418 shares of the real estate investment trust’s stock valued at $106,777,000 after buying an additional 593,020 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Mid-America Apartment Communities by 30.6% in the second quarter. Invesco Ltd. now owns 1,835,408 shares of the real estate investment trust’s stock worth $271,659,000 after buying an additional 430,398 shares during the period. 93.60% of the stock is owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Company Profile

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.