Mid-America Apartment Communities (NYSE:MAA) Price Target Lowered to $136.00 at Truist Financial

Mid-America Apartment Communities (NYSE:MAA) had its target price reduced by Truist Financial from $142.00 to $136.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. Truist Financial’s target price would indicate a potential upside of 11.13% from the company’s previous close.

Several other research firms also recently issued reports on MAA. Morgan Stanley dropped their price target on shares of Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, March 16th. BMO Capital Markets upgraded Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and raised their price objective for the stock from $150.00 to $158.00 in a research report on Friday, January 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Friday. KeyCorp reduced their price objective on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Finally, Royal Bank Of Canada decreased their price objective on shares of Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating for the company in a research report on Friday, February 6th. Eight investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $149.74.

Mid-America Apartment Communities Trading Up 0.5%

Shares of MAA stock traded up $0.66 during mid-day trading on Tuesday, reaching $122.38. 90,811 shares of the stock traded hands, compared to its average volume of 967,944. The company has a market cap of $14.31 billion, a price-to-earnings ratio of 32.40 and a beta of 0.79. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. The stock’s fifty day simple moving average is $131.25 and its two-hundred day simple moving average is $133.54. Mid-America Apartment Communities has a 1-year low of $120.30 and a 1-year high of $169.42.

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 during the quarter, compared to the consensus estimate of $556.80 million. During the same quarter last year, the business earned $2.23 EPS. The firm’s quarterly revenue 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. On average, research analysts anticipate that Mid-America Apartment Communities will post 8.84 EPS for the current fiscal year.

Insider Transactions at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the transaction, the executive vice president owned 3,799 shares in the company, valued at approximately $518,563.50. This represents a 5.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $6,876,251.35. This represents a 9.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 6,079 shares of company stock valued at $838,698 over the last ninety days. 1.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Elevation Point Wealth Partners LLC purchased a new position in shares of Mid-America Apartment Communities in the 2nd quarter worth approximately $25,000. Tobam bought a new stake in Mid-America Apartment Communities during the third quarter worth $26,000. Physician Wealth Advisors Inc. boosted its position in Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 75 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new position in Mid-America Apartment Communities in the fourth quarter worth $32,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Mid-America Apartment Communities in the 3rd quarter valued at $33,000. 93.60% of the stock is currently owned by institutional investors and hedge funds.

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.