Wall Street Zen Downgrades Mid-America Apartment Communities (NYSE:MAA) to Sell

Mid-America Apartment Communities (NYSE:MAA) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

MAA has been the topic of several other reports. Mizuho upgraded Mid-America Apartment Communities from a “neutral” rating to an “outperform” rating and cut their target price for the company from $161.00 to $150.00 in a report on Thursday, August 14th. BNP Paribas lowered Mid-America Apartment Communities from a “hold” rating to a “strong sell” rating in a report on Monday, September 29th. KeyCorp cut their target price on Mid-America Apartment Communities from $180.00 to $170.00 and set an “overweight” rating on the stock in a report on Wednesday, August 13th. Cantor Fitzgerald initiated coverage on Mid-America Apartment Communities in a report on Wednesday, October 1st. They set a “neutral” rating and a $150.00 target price on the stock. Finally, Piper Sandler dropped their price objective on Mid-America Apartment Communities from $170.00 to $153.00 and set a “neutral” rating on the stock in a research note on Monday, August 4th. Eight investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $161.78.

Mid-America Apartment Communities Price Performance

NYSE MAA opened at $136.79 on Friday. Mid-America Apartment Communities has a fifty-two week low of $136.07 and a fifty-two week high of $173.38. The stock’s 50-day moving average is $141.85 and its two-hundred day moving average is $150.67. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.10 and a quick ratio of 0.10. The firm has a market cap of $16.01 billion, a P/E ratio of 28.15, a price-to-earnings-growth ratio of 3.65 and a beta of 0.77.

Mid-America Apartment Communities (NYSE:MAA) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.01. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The company had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. During the same period last year, the company earned $2.22 earnings per share. The business’s revenue was up .6% compared to the same quarter last year. Mid-America Apartment Communities has set its Q3 2025 guidance at 2.080-2.240 EPS. FY 2025 guidance at 8.650-8.890 EPS. On average, analysts anticipate that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Mid-America Apartment Communities

Institutional investors have recently made changes to their positions in the business. Norges Bank bought a new position in Mid-America Apartment Communities during the second quarter valued at about $795,893,000. Nuveen LLC bought a new position in Mid-America Apartment Communities during the first quarter valued at about $150,966,000. Daiwa Securities Group Inc. increased its stake in Mid-America Apartment Communities by 461.9% during the second quarter. Daiwa Securities Group Inc. now owns 721,418 shares of the real estate investment trust’s stock valued at $106,777,000 after acquiring an additional 593,020 shares during the period. Deutsche Bank AG increased its stake in Mid-America Apartment Communities by 38.3% during the first quarter. Deutsche Bank AG now owns 1,695,832 shares of the real estate investment trust’s stock valued at $284,188,000 after acquiring an additional 469,806 shares during the period. Finally, Invesco Ltd. increased its stake in Mid-America Apartment Communities by 30.6% during the second quarter. Invesco Ltd. now owns 1,835,408 shares of the real estate investment trust’s stock valued at $271,659,000 after acquiring an additional 430,398 shares during the period. 93.60% of the stock is currently owned by institutional investors.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the Same Store and Non-Same Store segments. The Same Store Communities segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year.