Mid-America Apartment Communities, Inc. (NYSE:MAA) Receives $163.21 Consensus PT from Analysts

Mid-America Apartment Communities, Inc. (NYSE:MAA) has been assigned a consensus rating of “Hold” from the nineteen research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and eight have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $163.2105.

Several research analysts have recently weighed in on the stock. Royal Bank Of Canada decreased their price objective on shares of Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating for the company in a report on Friday, August 1st. Evercore ISI decreased their price objective on shares of Mid-America Apartment Communities from $155.00 to $152.00 and set an “in-line” rating for the company in a report on Tuesday, August 12th. Truist Financial decreased their price objective on shares of Mid-America Apartment Communities from $174.00 to $171.00 and set a “buy” rating for the company in a report on Wednesday, May 21st. The Goldman Sachs Group cut shares of Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 price objective for the company. in a report on Friday, July 11th. Finally, Piper Sandler reduced their price target on shares of Mid-America Apartment Communities from $170.00 to $153.00 and set a “neutral” rating for the company in a research report on Monday, August 4th.

Institutional Investors Weigh In On Mid-America Apartment Communities

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC purchased a new stake in Mid-America Apartment Communities during the 2nd quarter valued at approximately $25,000. Caitong International Asset Management Co. Ltd purchased a new stake in Mid-America Apartment Communities during the 2nd quarter valued at approximately $26,000. Larson Financial Group LLC grew its holdings in Mid-America Apartment Communities by 107.1% during the 1st quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 91 shares in the last quarter. Financial Network Wealth Advisors LLC purchased a new stake in Mid-America Apartment Communities during the 1st quarter valued at approximately $29,000. Finally, Sound Income Strategies LLC grew its holdings in Mid-America Apartment Communities by 972.2% during the 2nd quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 175 shares in the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock opened at $142.8890 on Monday. Mid-America Apartment Communities has a 12 month low of $137.32 and a 12 month high of $173.38. The stock has a market cap of $16.73 billion, a PE ratio of 29.40, a price-to-earnings-growth ratio of 3.77 and a beta of 0.75. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.83. The company’s fifty day moving average price is $146.78 and its 200-day moving average price is $155.08.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, beating analysts’ consensus estimates of $2.14 by $0.01. The firm had revenue of $549.90 million for the quarter, compared to analysts’ expectations of $552.19 million. Mid-America Apartment Communities had a net margin of 25.98% and a return on equity of 9.35%. The company’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.22 EPS. 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, equities analysts expect that Mid-America Apartment Communities will post 8.84 EPS for the current fiscal year.

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.