UBS Group Reaffirms “Neutral” Rating for Mid-America Apartment Communities (NYSE:MAA)

Mid-America Apartment Communities (NYSE:MAA)‘s stock had its “neutral” rating restated by investment analysts at UBS Group in a report issued on Tuesday, Benzinga reports. They presently have a $129.00 price target on the real estate investment trust’s stock, down from their prior price target of $132.00. UBS Group’s target price suggests a potential upside of 2.69% from the stock’s current price.

Other research analysts have also issued reports about the stock. Piper Sandler dropped their price target on shares of Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday, July 31st. Wells Fargo & Company reduced their target price on Mid-America Apartment Communities from $148.00 to $146.00 and set an “overweight” rating for the company in a report on Tuesday, September 1st. Wall Street Zen raised Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Scotiabank lowered their price objective on shares of Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating on the stock in a research report on Tuesday, August 4th. Finally, JPMorgan Chase & Co. initiated coverage on Mid-America Apartment Communities in a report on Thursday, July 16th. They set a “neutral” rating and a $147.00 price objective for the company. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $143.75.

Mid-America Apartment Communities Trading Up 0.7%

MAA opened at $125.62 on Tuesday. The company has a fifty day moving average price of $132.11 and a two-hundred day moving average price of $130.91. Mid-America Apartment Communities has a 1-year low of $120.30 and a 1-year high of $144.41. The company has a market cap of $14.57 billion, a P/E ratio of 36.73 and a beta of 0.73. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The company had revenue of $555.13 million for the quarter, compared to analyst estimates of $556.18 million. During the same period in the prior year, the firm earned $2.15 earnings per share. Mid-America Apartment Communities’s revenue for the quarter was up 1.0% on a year-over-year basis. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Analysts predict that Mid-America Apartment Communities will post 8.51 EPS for the current fiscal year.

Institutional Investors Weigh In On Mid-America Apartment Communities

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MAA. Elevation Wealth Partners LLC boosted its holdings 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 in the last quarter. Raiffeisen Bank International AG boosted its stake in Mid-America Apartment Communities by 116.7% during the second quarter. Raiffeisen Bank International AG now owns 221 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 119 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of Mid-America Apartment Communities in the 4th quarter worth approximately $32,000. Transamerica Financial Advisors LLC bought a new position in Mid-America Apartment Communities during the 2nd quarter valued at approximately $37,000. Finally, Hurley Capital LLC boosted its holdings in Mid-America Apartment Communities by 70.4% in the fourth quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 112 shares in the last quarter. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc (NYSE: MAA) is a self-administered and self-managed real estate investment trust that owns, operates, acquires and develops multifamily apartment communities. The company focuses primarily on conventional apartment properties and generates revenue through leasing residential units to individuals and families.

MAA’s portfolio is concentrated in the Sun Belt region of the United States, including markets across the Southeast, Southwest and parts of the South Central United States.