Mid-America Apartment Communities (NYSE:MAA) Stock Price Expected to Rise, Piper Sandler Analyst Says

Mid-America Apartment Communities (NYSE:MAA) had its price target raised by investment analysts at Piper Sandler from $140.00 to $143.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Piper Sandler’s target price would suggest a potential upside of 7.80% from the stock’s current price.

Several other equities analysts also recently issued reports on the company. Barclays lifted their price objective on Mid-America Apartment Communities from $139.00 to $147.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 14th. UBS Group lowered their target price on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Truist Financial lifted their price target on Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Mizuho upped their price target on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Finally, Jefferies Financial Group cut shares of Mid-America Apartment Communities from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 14th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $144.75.

Mid-America Apartment Communities Price Performance

Shares of NYSE MAA traded down $1.06 during mid-day trading on Tuesday, hitting $132.65. 174,512 shares of the stock were exchanged, compared to its average volume of 986,509. Mid-America Apartment Communities has a twelve month low of $120.30 and a twelve month high of $153.93. The stock’s fifty day simple moving average is $134.39 and its two-hundred day simple moving average is $131.99. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. The company has a market cap of $15.44 billion, a P/E ratio of 40.18 and a beta of 0.74.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping the consensus estimate of $0.83 by $1.30. The business had revenue of $553.73 million for the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.Mid-America Apartment Communities’s revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.20 EPS. 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 forecast that Mid-America Apartment Communities will post 8.5 EPS for the current fiscal year.

Insider Activity at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer acquired 1,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was acquired at an average cost of $128.55 per share, with a total value of $141,405.00. Following the completion of the purchase, the director directly owned 1,100 shares in the company, valued at approximately $141,405. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.60% of the company’s stock.

Institutional Trading of Mid-America Apartment Communities

A number of hedge funds have recently modified their holdings of MAA. Physician Wealth Advisors Inc. grew its holdings in Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 75 shares during the period. Elevation Wealth Partners LLC grew its stake in Mid-America Apartment Communities by 593.1% in the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 172 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in shares of Mid-America Apartment Communities in the fourth quarter worth about $32,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $33,000. Finally, Root Financial Partners LLC grew its position in shares of Mid-America Apartment Communities by 3,100.0% in the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 279 shares during the period. 93.60% of the stock is currently owned by institutional investors and hedge funds.

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.