Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives $144.81 Average Target Price from Analysts

Shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) have received a consensus rating of “Hold” from the twenty brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $144.8125.

MAA has been the subject of several recent analyst reports. Morgan Stanley lowered their target price on shares of Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating for the company in a research note on Wednesday, August 12th. BNP Paribas Exane upgraded Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. Wall Street Zen upgraded Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Barclays lowered their price objective on Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating for the company in a research report on Monday, August 17th. Finally, Wells Fargo & Company boosted their target price 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.

Institutional Investors Weigh In On Mid-America Apartment Communities

Several institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System boosted its stake in Mid-America Apartment Communities by 15,857.1% in the 2nd quarter. California State Teachers Retirement System now owns 27,639,334 shares of the real estate investment trust’s stock worth $3,840,209,000 after purchasing an additional 27,466,124 shares in the last quarter. BlackRock Inc. acquired a new position in Mid-America Apartment Communities during the 2nd quarter valued at approximately $1,820,661,000. Norges Bank acquired a new position in Mid-America Apartment Communities during the 4th quarter valued at approximately $750,603,000. Viking Global Investors LP acquired a new position in Mid-America Apartment Communities during the 3rd quarter valued at approximately $369,597,000. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Mid-America Apartment Communities in the second quarter worth $175,377,000. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Stock Performance

MAA stock opened at $129.63 on Friday. The firm has a market cap of $15.04 billion, a price-to-earnings ratio of 37.90 and a beta of 0.73. The firm has a 50-day simple moving average of $134.55 and a two-hundred day simple moving average of $131.47. Mid-America Apartment Communities has a one year low of $120.30 and a one year high of $146.41. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.09 and a current ratio of 0.09.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.15 EPS. 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. On average, equities analysts forecast that Mid-America Apartment Communities will post 8.52 EPS for the current fiscal year.

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.