UBS Group Has Lowered Expectations for Mid-America Apartment Communities (NYSE:MAA) Stock Price

Mid-America Apartment Communities (NYSE:MAA) had its target price cut by UBS Group from $134.00 to $132.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s price objective indicates a potential upside of 4.97% from the company’s previous close.

Other equities analysts also recently issued research reports about the company. Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research report on Friday, March 27th. Wall Street Zen raised shares of Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a report on Sunday, April 12th. Citigroup cut their price target on shares of Mid-America Apartment Communities from $148.00 to $143.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Scotiabank restated a “sector underperform” rating and issued a $120.00 price target (down from $138.00) on shares of Mid-America Apartment Communities in a research report on Thursday. Finally, Barclays raised their price objective on shares of Mid-America Apartment Communities from $137.00 to $139.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $145.00.

Mid-America Apartment Communities Stock Performance

Shares of NYSE MAA opened at $125.76 on Thursday. The firm has a market capitalization of $14.64 billion, a price-to-earnings ratio of 38.11 and a beta of 0.77. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. The business has a fifty day simple moving average of $126.49 and a 200 day simple moving average of $131.29. Mid-America Apartment Communities has a one year low of $120.30 and a one year high of $163.63.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The company had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the firm earned $2.20 EPS. Mid-America Apartment Communities has set its Q2 2026 guidance at 2.000-2.120 EPS and its FY 2026 guidance at 8.370-8.690 EPS. Sell-side analysts expect that Mid-America Apartment Communities will post 8.53 EPS for the current year.

Insider Transactions at Mid-America Apartment Communities

In other news, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares of the company’s stock, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 1,039 shares of company stock worth $129,594. Corporate insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Mid-America Apartment Communities

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MAA. Physician Wealth Advisors Inc. grew its holdings in shares of Mid-America Apartment Communities by 65.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 75 shares during the period. Values First Advisors Inc. increased its holdings in Mid-America Apartment Communities by 0.5% during the 1st quarter. Values First Advisors Inc. now owns 15,472 shares of the real estate investment trust’s stock worth $1,889,000 after purchasing an additional 82 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its holdings in shares of Mid-America Apartment Communities by 1.8% in the third 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 purchasing an additional 83 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Mid-America Apartment Communities by 9.6% during the fourth quarter. Blue Trust Inc. now owns 1,041 shares of the real estate investment trust’s stock worth $145,000 after buying an additional 91 shares in the last quarter. Finally, New Mexico Educational Retirement Board boosted its position in Mid-America Apartment Communities by 1.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 5,400 shares of the real estate investment trust’s stock worth $750,000 after acquiring an additional 100 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.