Mid-America Apartment Communities (NYSE:MAA – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Sunday.
Other equities research analysts also recently issued research reports about the company. UBS Group lowered their price objective on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Barclays upped their price objective on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Jefferies Financial Group raised shares of Mid-America Apartment Communities to a “strong-buy” rating in a research report on Friday, June 26th. Morgan Stanley boosted their target price on shares of Mid-America Apartment Communities from $150.00 to $155.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $143.87.
Get Our Latest Research Report on Mid-America Apartment Communities
Mid-America Apartment Communities Trading Down 0.6%
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The firm had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. Mid-America Apartment Communities’s revenue was up .8% compared to the same quarter last year. During the same quarter last year, the business earned $2.20 earnings per share. 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 anticipate that Mid-America Apartment Communities will post 8.5 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, Director Tamara D. Fischer acquired 1,100 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were bought at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the acquisition, the director directly owned 1,100 shares in the company, valued at $141,405. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is owned by corporate insiders.
Institutional Trading of Mid-America Apartment Communities
A number of institutional investors and hedge funds have recently bought and sold shares of MAA. Algebris UK Ltd. grew its position in shares of Mid-America Apartment Communities by 27.5% during the fourth quarter. Algebris UK Ltd. now owns 132,098 shares of the real estate investment trust’s stock worth $18,358,000 after buying an additional 28,528 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Mid-America Apartment Communities by 29.5% during the 4th quarter. BNP Paribas Financial Markets now owns 246,786 shares of the real estate investment trust’s stock valued at $34,281,000 after acquiring an additional 56,224 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in Mid-America Apartment Communities by 4.2% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 216,565 shares of the real estate investment trust’s stock valued at $30,083,000 after acquiring an additional 8,724 shares during the last quarter. Norges Bank bought a new stake in shares of Mid-America Apartment Communities in the 4th quarter worth about $750,603,000. Finally, CWM LLC raised its stake in shares of Mid-America Apartment Communities by 17.3% in the 4th quarter. CWM LLC now owns 132,440 shares of the real estate investment trust’s stock valued at $18,397,000 after purchasing an additional 19,512 shares in 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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