Mid-America Apartment Communities (NYSE:MAA – Get Free Report) had its price objective lifted by analysts at Scotiabank from $129.00 to $137.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “sector underperform” rating on the real estate investment trust’s stock. Scotiabank’s target price indicates a potential downside of 0.04% from the stock’s current price.
Several other analysts have also commented on MAA. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, June 24th. Barclays boosted their price objective on Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Morgan Stanley raised their target price on Mid-America Apartment Communities from $150.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. 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 report on Thursday, May 14th. Finally, Cantor Fitzgerald dropped their target price on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $145.19.
View Our Latest Analysis on Mid-America Apartment Communities
Mid-America Apartment Communities Price Performance
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The company had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same quarter in the previous year, the company posted $2.20 earnings per share. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. 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. On average, research analysts predict that Mid-America Apartment Communities will post 8.5 earnings per share for the current year.
Insider Activity at Mid-America Apartment Communities
In other news, Director Tamara D. Fischer bought 1,100 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the purchase, the director owned 1,100 shares of the company’s stock, valued at approximately $141,405. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.60% of the company’s stock.
Institutional Trading of Mid-America Apartment Communities
Several hedge funds have recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. grew its holdings 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 worth $26,000 after acquiring an additional 75 shares in the last quarter. Values First Advisors Inc. raised its holdings in shares of Mid-America Apartment Communities by 0.5% in the 1st quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock valued at $1,889,000 after purchasing an additional 82 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Mid-America Apartment Communities by 9.6% in the 4th quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock valued at $145,000 after purchasing an additional 91 shares in the last quarter. New Mexico Educational Retirement Board lifted its position in shares of Mid-America Apartment Communities by 1.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock worth $750,000 after purchasing an additional 100 shares during the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of Mid-America Apartment Communities by 1.5% during the 4th quarter. Larson Financial Group LLC now owns 7,008 shares of the real estate investment trust’s stock worth $974,000 after purchasing an additional 102 shares during the last quarter. 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.
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