NewEdge Wealth LLC acquired a new stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) in the second quarter, Holdings Channel reports. The firm acquired 4,950 shares of the real estate investment trust’s stock, valued at approximately $688,000.
Other hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new stake in Mid-America Apartment Communities during the 4th quarter valued at about $750,603,000. Algebris UK Ltd. lifted its stake in shares of Mid-America Apartment Communities by 27.5% in 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. Swiss Life Asset Management Ltd lifted its stake in shares of Mid-America Apartment Communities by 466.5% in the fourth quarter. Swiss Life Asset Management Ltd now owns 45,424 shares of the real estate investment trust’s stock worth $6,310,000 after buying an additional 37,405 shares in the last quarter. Nomura Asset Management Co. Ltd. grew its holdings in shares of Mid-America Apartment Communities by 4.2% during the fourth 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 buying an additional 8,724 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in shares of Mid-America Apartment Communities by 29.5% during the fourth quarter. BNP Paribas Financial Markets now owns 246,786 shares of the real estate investment trust’s stock valued at $34,281,000 after buying an additional 56,224 shares during the last quarter. 93.60% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. Jefferies Financial Group upgraded shares of Mid-America Apartment Communities to a “hold” rating in a report on Wednesday, July 22nd. BNP Paribas Exane upgraded Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. Truist Financial lifted their target price on Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Wells Fargo & Company boosted their price target on Mid-America Apartment Communities from $140.00 to $148.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 22nd. Finally, Morgan Stanley lowered their price target on Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating on the stock in a report on Wednesday, August 12th. Eight equities 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. Based on data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and a consensus target price of $144.81.
Mid-America Apartment Communities Stock Down 0.4%
MAA opened at $131.48 on Friday. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 1.02. The firm has a 50 day moving average price of $134.88 and a 200-day moving average price of $131.54. Mid-America Apartment Communities, Inc. has a twelve month low of $120.30 and a twelve month high of $146.41. The stock has a market capitalization of $15.25 billion, a price-to-earnings ratio of 38.44 and a beta of 0.73.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last issued its earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $1.32. The company had revenue of $555.13 million for the quarter, compared to analysts’ expectations of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company posted $2.15 earnings per share. 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. Equities research analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.
More Mid-America Apartment Communities News
Here are the key news stories impacting Mid-America Apartment Communities this week:
- Positive Sentiment: Zacks Research raised its 2026 EPS forecast to $8.50 from $8.47 and increased its estimates for third-quarter 2026 EPS to $2.10 from $2.09 and fourth-quarter EPS to $2.19 from $2.18. These modest upward revisions provide some support for the stock by suggesting near-term results could slightly exceed prior expectations. MarketBeat MAA analyst estimates
- Neutral Sentiment: Analysts remain moderately positive on MAA’s prospects despite its underperformance versus the broader market. The consensus full-year EPS forecast is approximately $8.51, close to Zacks Research’s $8.50 estimate for 2026, indicating expectations are broadly aligned but not signaling a major earnings catalyst. Mid-America Apartment Communities Stock: Analyst Estimates and Ratings
- Negative Sentiment: Zacks Research made several downward revisions to longer-term forecasts: 2027 EPS was reduced to $8.59 from $8.68, 2028 EPS to $8.93 from $9.27, and estimates for first-quarter 2028, second-quarter 2028, third-quarter 2027, and fourth-quarter 2027 were also cut. The reductions suggest analysts see somewhat slower earnings growth ahead, which is a negative factor for valuation.
- Negative Sentiment: Additional cuts lowered second-quarter 2028 EPS to $2.16 from $2.21, first-quarter 2028 EPS to $2.19 from $2.25, and third-quarter 2027 EPS to $2.10 from $2.16. Although some quarterly estimates increased, the larger downward revisions—particularly to full-year 2028 earnings—create pressure on investor sentiment.
Mid-America Apartment Communities Profile
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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