Mid-America Apartment Communities (NYSE:MAA) Stock Rating Lowered by Wall Street Zen

Mid-America Apartment Communities (NYSE:MAA) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Sunday.

Several other equities analysts have also weighed in on the company. Piper Sandler cut their target price on Mid-America Apartment Communities from $170.00 to $153.00 and set a “neutral” rating on the stock in a research note on Monday, August 4th. The Goldman Sachs Group downgraded shares of Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 target price for the company. in a research note on Friday, July 11th. Scotiabank reduced their price target on shares of Mid-America Apartment Communities from $180.00 to $170.00 and set a “sector outperform” rating on the stock in a research report on Thursday, August 14th. Barclays lowered their price objective on shares of Mid-America Apartment Communities from $156.00 to $155.00 and set an “equal weight” rating for the company in a research report on Tuesday, September 30th. Finally, KeyCorp reduced their target price on Mid-America Apartment Communities from $180.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, August 13th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $161.78.

Mid-America Apartment Communities Stock Performance

Shares of NYSE:MAA opened at $133.18 on Friday. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.83. Mid-America Apartment Communities has a 1-year low of $131.17 and a 1-year high of $173.38. The stock has a market capitalization of $15.59 billion, a P/E ratio of 27.40, a P/E/G ratio of 3.58 and a beta of 0.77. The business has a 50-day moving average price of $139.23 and a two-hundred day moving average price of $147.70.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, topping the consensus estimate of $2.14 by $0.01. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The company had revenue of $549.90 million during the quarter, compared to analysts’ expectations of $552.19 million. During the same quarter in the previous year, the company earned $2.22 EPS. Mid-America Apartment Communities’s revenue was up .6% on a year-over-year basis. Mid-America Apartment Communities has set its Q3 2025 guidance at 2.080-2.240 EPS. FY 2025 guidance at 8.650-8.890 EPS. Equities analysts predict that Mid-America Apartment Communities will post 8.84 earnings per share for the current year.

Institutional Trading of Mid-America Apartment Communities

A number of institutional investors have recently modified their holdings of the company. CPC Advisors LLC grew its holdings in shares of Mid-America Apartment Communities by 58.4% during the third quarter. CPC Advisors LLC now owns 9,055 shares of the real estate investment trust’s stock worth $1,265,000 after buying an additional 3,339 shares in the last quarter. Nordea Investment Management AB boosted its position in Mid-America Apartment Communities by 6.7% during the 3rd quarter. Nordea Investment Management AB now owns 10,840 shares of the real estate investment trust’s stock worth $1,500,000 after acquiring an additional 679 shares during the last quarter. Kiker Wealth Management LLC grew its stake in shares of Mid-America Apartment Communities by 5.1% during the 3rd quarter. Kiker Wealth Management LLC now owns 4,145 shares of the real estate investment trust’s stock worth $579,000 after acquiring an additional 203 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Mid-America Apartment Communities by 1.8% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,600 shares of the real estate investment trust’s stock valued at $643,000 after purchasing an additional 83 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Mid-America Apartment Communities by 2.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 368,174 shares of the real estate investment trust’s stock valued at $51,445,000 after purchasing an additional 8,901 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors.

About Mid-America Apartment Communities

Mid-America Apartment Communities, Inc is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the Same Store and Non-Same Store segments. The Same Store Communities segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year.