Ceredex Value Advisors LLC bought a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAA – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 342,503 shares of the real estate investment trust’s stock, valued at approximately $47,587,000. Mid-America Apartment Communities makes up 1.3% of Ceredex Value Advisors LLC’s investment portfolio, making the stock its 6th largest position.
A number of other institutional investors have also bought and sold shares of MAA. Physician Wealth Advisors Inc. boosted its position in shares of 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. Elevation Wealth Partners LLC increased its holdings in Mid-America Apartment Communities by 593.1% in the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 172 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new position in Mid-America Apartment Communities in the fourth quarter valued at approximately $32,000. Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities in the third quarter valued at approximately $33,000. Finally, Root Financial Partners LLC boosted its holdings in shares of Mid-America Apartment Communities by 3,100.0% during the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 279 shares in the last quarter. Institutional investors own 93.60% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on the stock. JPMorgan Chase & Co. started coverage on shares of Mid-America Apartment Communities in a research report on Thursday, July 16th. They set a “neutral” rating and a $147.00 price objective for the company. Weiss Ratings upgraded shares of Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. Wells Fargo & Company increased their target price on shares of 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. Piper Sandler reduced their price target on shares of Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, July 31st. Finally, Scotiabank decreased their price target on shares of Mid-America Apartment Communities from $137.00 to $134.00 and set a “sector underperform” rating for the company in a research note on Tuesday, August 4th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Mid-America Apartment Communities has a consensus rating of “Hold” and a consensus target price of $144.81.
Mid-America Apartment Communities Stock Performance
NYSE MAA opened at $132.27 on Friday. The company has a market cap of $15.35 billion, a P/E ratio of 38.68 and a beta of 0.73. The company has a fifty day simple moving average of $135.02 and a 200 day simple moving average of $131.54. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. Mid-America Apartment Communities, Inc. has a 12-month low of $120.30 and a 12-month high of $146.41.
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, topping the consensus estimate of $0.76 by $1.32. The firm had revenue of $555.13 million for the quarter, compared to the consensus estimate of $556.18 million. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The business’s revenue was up 1.0% on a year-over-year basis. During the same quarter in the prior 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. Sell-side analysts predict that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current fiscal year.
Mid-America Apartment Communities News Summary
Here are the key news stories impacting Mid-America Apartment Communities this week:
- Positive Sentiment: Zacks Research raised its Q3 2026 EPS forecast to $2.10 from $2.09, lifted Q4 2026 EPS to $2.19 from $2.18, and increased its full-year 2026 estimate to $8.50 from $8.47. The revised annual forecast is close to the broader consensus of $8.51, suggesting expectations for relatively stable near-term operating performance.
- Positive Sentiment: Analysts remain moderately optimistic about MAA’s longer-term prospects despite the stock’s underperformance versus the broader market over the past year. Mid-America Apartment Communities Stock: Analyst Estimates & Ratings
- Neutral Sentiment: MAA’s shares are trading above their 200-day moving average but below the 50-day average, reflecting a mixed technical picture. As an apartment REIT, the stock may also benefit from its relatively low beta and defensive rental-income profile, though valuation remains elevated at roughly 39 times earnings.
- Negative Sentiment: Zacks reduced several future earnings forecasts, including Q1 2027 EPS to $2.14 from $2.15, Q2 2028 EPS to $2.16 from $2.21, Q3 2027 EPS to $2.10 from $2.16, and Q4 2027 EPS to $2.28 from $2.32.
- Negative Sentiment: Zacks cut its FY2027 EPS forecast to $8.59 from $8.68 and FY2028 EPS to $8.93 from $9.27. The FY2028 reduction is the most significant revision and may weigh on investor sentiment by signaling more limited long-term growth.
- Negative Sentiment: Barclays maintained a Hold rating while lowering its expectations for MAA’s stock price, indicating limited conviction that the shares will outperform in the near term. Barclays Remains a Hold on Mid-America Apartment
Mid-America Apartment Communities Company 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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