Mid-America Apartment Communities (NYSE:MAA) Price Target Cut to $156.00 by Analysts at Morgan Stanley

Mid-America Apartment Communities (NYSE:MAA) had its price target decreased by equities research analysts at Morgan Stanley from $164.00 to $156.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the real estate investment trust’s stock. Morgan Stanley’s price objective would indicate a potential upside of 23.01% from the company’s current price.

Several other equities analysts have also recently commented on MAA. Cantor Fitzgerald raised their price target on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Barclays lowered their target price on Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating for the company in a research note on Friday, March 6th. Royal Bank Of Canada decreased their price objective on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research note on Friday, February 6th. Citigroup lowered their price objective on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Finally, Evercore reduced their target price on shares of Mid-America Apartment Communities from $144.00 to $143.00 and set an “in-line” rating on the stock in a report on Monday, December 15th. Eight analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Mid-America Apartment Communities has an average rating of “Hold” and an average price target of $150.16.

Mid-America Apartment Communities Trading Up 0.4%

Shares of Mid-America Apartment Communities stock traded up $0.50 on Monday, reaching $126.82. The company had a trading volume of 97,302 shares, compared to its average volume of 960,902. The firm’s 50 day moving average price is $134.10 and its two-hundred day moving average price is $135.16. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. Mid-America Apartment Communities has a 52-week low of $125.75 and a 52-week high of $169.42. The firm has a market cap of $14.83 billion, a PE ratio of 33.56, a PEG ratio of 2.11 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results 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 firm had revenue of $555.56 million during the quarter, compared to analysts’ expectations of $556.80 million. During the same period in the previous year, the firm earned $2.23 EPS. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. 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. Sell-side analysts predict that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, EVP Amber Fairbanks sold 233 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the completion of the sale, the executive vice president owned 3,799 shares in the company, valued at $518,563.50. This represents a 5.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total transaction of $750,035.98. Following the transaction, the executive vice president directly owned 49,745 shares in the company, valued at $6,876,251.35. The trade was a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 6,079 shares of company stock valued at $838,698. 1.30% of the stock is owned by insiders.

Hedge Funds Weigh In On Mid-America Apartment Communities

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Mid-America Apartment Communities by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock worth $2,149,000 after acquiring an additional 620 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Mid-America Apartment Communities in the 2nd quarter valued at approximately $208,000. Police & Firemen s Retirement System of New Jersey boosted its stake in shares of Mid-America Apartment Communities by 4.3% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 17,527 shares of the real estate investment trust’s stock valued at $2,594,000 after buying an additional 727 shares in the last quarter. Candriam S.C.A. boosted its stake in shares of Mid-America Apartment Communities by 3.0% in the second quarter. Candriam S.C.A. now owns 8,365 shares of the real estate investment trust’s stock valued at $1,238,000 after buying an additional 245 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Mid-America Apartment Communities by 2.9% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 66,405 shares of the real estate investment trust’s stock worth $9,829,000 after acquiring an additional 1,896 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 (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.