Mid-America Apartment Communities (NYSE:MAA) Given New $138.00 Price Target at Barclays

Mid-America Apartment Communities (NYSE:MAAGet Free Report) had its price target decreased by investment analysts at Barclays from $144.00 to $138.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price objective indicates a potential upside of 4.23% from the stock’s current price.

A number of other brokerages have also issued reports on MAA. KeyCorp cut their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Monday, December 29th. BTIG Research cut their price objective on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a report on Monday. Morgan Stanley reduced their price objective on shares of Mid-America Apartment Communities from $169.00 to $164.00 and set an “overweight” rating for the company in a research note on Thursday, November 13th. Finally, BMO Capital Markets upgraded shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and raised 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 assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $152.75.

Get Our Latest Analysis on Mid-America Apartment Communities

Mid-America Apartment Communities Price Performance

MAA stock traded down $2.01 on Friday, hitting $132.40. 48,393 shares of the company’s stock traded hands, compared to its average volume of 973,882. The stock has a market cap of $15.48 billion, a price-to-earnings ratio of 35.03, a P/E/G ratio of 2.22 and a beta of 0.79. Mid-America Apartment Communities has a 1-year low of $125.75 and a 1-year high of $171.56. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. The stock has a fifty day moving average of $135.24 and a 200-day moving average of $135.79.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($1.74). Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The business had revenue of $555.56 million during the quarter, compared to analyst estimates of $556.80 million. During the same quarter last year, the firm posted $2.23 EPS. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. 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. On average, analysts forecast that Mid-America Apartment Communities will post 8.84 EPS for the current fiscal year.

Insider Buying and Selling at Mid-America Apartment Communities

In other Mid-America Apartment Communities news, EVP Adrian Hill bought 758 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were bought at an average price of $131.83 per share, for a total transaction of $99,927.14. Following the acquisition, the executive vice president directly owned 48,766 shares of the company’s stock, valued at approximately $6,428,821.78. This trade represents a 1.58% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total transaction 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. This represents a 9.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,079 shares of company stock valued at $838,698 in the last 90 days. 1.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Mid-America Apartment Communities

Several institutional investors and hedge funds have recently modified their holdings of MAA. Elevation Point Wealth Partners LLC purchased a new stake in shares of Mid-America Apartment Communities during the second quarter worth $25,000. Tobam acquired a new position in Mid-America Apartment Communities in the 3rd quarter worth about $26,000. Physician Wealth Advisors Inc. raised its stake 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 worth $26,000 after purchasing an additional 75 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of Mid-America Apartment Communities during the 3rd quarter valued at about $33,000. Finally, Sentry Investment Management LLC acquired a new stake in shares of Mid-America Apartment Communities during the 3rd quarter valued at about $36,000. 93.60% of the stock is currently owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Company Profile

(Get Free Report)

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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Analyst Recommendations for Mid-America Apartment Communities (NYSE:MAA)

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