Citigroup Lowers Mid-America Apartment Communities (NYSE:MAA) Price Target to $148.00

Mid-America Apartment Communities (NYSE:MAA) had its price objective dropped by equities researchers at Citigroup from $155.00 to $148.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the real estate investment trust’s stock. Citigroup’s price objective indicates a potential upside of 9.18% from the stock’s current price.

Other research analysts have also recently issued reports about the company. Barclays cut their price objective on Mid-America Apartment Communities from $155.00 to $142.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Cantor Fitzgerald lifted their price target on shares of Mid-America Apartment Communities from $137.00 to $141.00 and gave the company a “neutral” rating in a report on Monday, February 9th. UBS Group upped their price objective on shares of Mid-America Apartment Communities from $132.00 to $134.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Truist Financial dropped their price objective on shares of Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating for the company in a report on Monday, November 10th. Finally, BMO Capital Markets raised Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and boosted their target price for the stock from $150.00 to $158.00 in a report on Friday, January 9th. Nine equities research 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’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $153.55.

Mid-America Apartment Communities Stock Up 1.6%

Shares of MAA opened at $135.56 on Friday. The company has a quick ratio of 0.06, a current ratio of 0.10 and a debt-to-equity ratio of 0.93. The company has a 50-day moving average price of $135.21 and a two-hundred day moving average price of $136.40. The stock has a market cap of $15.85 billion, a price-to-earnings ratio of 35.86, a P/E/G ratio of 2.24 and a beta of 0.79. Mid-America Apartment Communities has a 12 month low of $125.75 and a 12 month high of $173.38.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing the consensus estimate of $2.22 by ($1.74). The company had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.23 earnings per share. 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. Equities analysts predict that Mid-America Apartment Communities will post 8.84 EPS for the current fiscal year.

Insiders Place Their Bets

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 233 shares of the stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total value of $31,804.50. Following the transaction, the executive vice president directly owned 3,799 shares in the company, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total value of $750,035.98. Following the sale, the executive vice president owned 49,745 shares of the company’s stock, valued at approximately $6,876,251.35. The trade was a 9.83% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 6,079 shares of company stock valued at $838,698. 1.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Physician Wealth Advisors Inc. raised its stake in shares of Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 75 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. raised its position in shares of Mid-America Apartment Communities by 1.8% during the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 4,600 shares of the real estate investment trust’s stock valued at $643,000 after acquiring an additional 83 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in shares of Mid-America Apartment Communities by 1.9% in the 2nd quarter. Arkadios Wealth Advisors now owns 4,518 shares of the real estate investment trust’s stock valued at $669,000 after purchasing an additional 84 shares during the period. Blue Trust Inc. boosted its position 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 worth $145,000 after purchasing an additional 91 shares during the last quarter. Finally, Values First Advisors Inc. boosted its position in shares of Mid-America Apartment Communities by 0.6% in the 4th quarter. Values First Advisors Inc. now owns 15,390 shares of the real estate investment trust’s stock worth $2,138,000 after purchasing an additional 93 shares during the last quarter. Institutional investors 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.