Mid-America Apartment Communities (NYSE:MAA) Price Target Cut to $140.00 by Analysts at Wells Fargo & Company

Mid-America Apartment Communities (NYSE:MAA) had its target price cut by stock analysts at Wells Fargo & Company from $150.00 to $140.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 11.22% from the stock’s previous close.

A number of other research firms have also recently commented on MAA. UBS Group increased their target price on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. BMO Capital Markets raised shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and increased their target price for the company from $150.00 to $158.00 in a research report on Friday, January 9th. Cantor Fitzgerald increased their target price 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. KeyCorp decreased their target price on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Finally, Citigroup decreased their target price on shares of 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. Eight analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $149.21.

Mid-America Apartment Communities Stock Up 1.0%

NYSE:MAA traded up $1.29 during midday trading on Thursday, reaching $125.88. 31,152 shares of the stock traded hands, compared to its average volume of 967,988. Mid-America Apartment Communities has a 12-month low of $120.30 and a 12-month high of $169.00. The business has a 50-day moving average of $128.25 and a two-hundred day moving average of $131.88. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. The stock has a market capitalization of $14.72 billion, a PE ratio of 33.23 and a beta of 0.80.

Mid-America Apartment Communities (NYSE:MAA) last posted its earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 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 for the quarter, compared to analysts’ expectations of $556.80 million. During the same period in the previous year, the company earned $2.23 EPS. The company’s revenue was up 1.0% on a year-over-year basis. 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, equities analysts forecast that Mid-America Apartment Communities will post 8.53 earnings per share for the current fiscal year.

Insider Transactions at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the company’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares in the company, valued at approximately $557,667.83. This represents a 13.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 1,039 shares of company stock worth $129,594. Corporate insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Physician Wealth Advisors Inc. increased its stake in Mid-America Apartment Communities by 65.2% during the 4th 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 in the last quarter. Values First Advisors Inc. increased its stake in shares of Mid-America Apartment Communities by 0.5% in the first quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock worth $1,889,000 after acquiring an additional 82 shares during the period. Tokio Marine Asset Management Co. Ltd. increased its stake 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 worth $643,000 after acquiring an additional 83 shares during the period. Blue Trust Inc. increased its stake in shares of Mid-America Apartment Communities by 9.6% in the fourth quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock worth $145,000 after acquiring an additional 91 shares during the period. Finally, New Mexico Educational Retirement Board increased its stake in shares of Mid-America Apartment Communities by 1.9% in the fourth quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock worth $750,000 after acquiring an additional 100 shares during the period. Institutional investors and hedge funds own 93.60% of the company’s stock.

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.