Mid-America Apartment Communities (NYSE:MAA) Given New $155.00 Price Target at Barclays

Mid-America Apartment Communities (NYSE:MAA) had its target price reduced by Barclays from $156.00 to $155.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price objective points to a potential upside of 12.08% from the company’s current price.

A number of other research analysts also recently issued reports on the company. BNP Paribas Exane downgraded Mid-America Apartment Communities from a “neutral” rating to an “underperform” rating in a research note on Monday. Royal Bank Of Canada cut their price target on Mid-America Apartment Communities from $158.00 to $155.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Wall Street Zen raised shares of Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research note on Friday. Evercore ISI raised their price target on shares of Mid-America Apartment Communities from $152.00 to $154.00 and gave the stock an “in-line” rating in a report on Monday, September 15th. Finally, Piper Sandler dropped their price objective on shares of Mid-America Apartment Communities from $170.00 to $153.00 and set a “neutral” rating on the stock in a report on Monday, August 4th. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $162.47.

Mid-America Apartment Communities Stock Performance

NYSE MAA opened at $138.30 on Tuesday. The company has a market capitalization of $16.19 billion, a price-to-earnings ratio of 28.46, a PEG ratio of 3.73 and a beta of 0.78. The company has a quick ratio of 0.10, a current ratio of 0.10 and a debt-to-equity ratio of 0.83. Mid-America Apartment Communities has a twelve month low of $137.32 and a twelve month high of $173.38. The stock has a fifty day simple moving average of $143.03 and a 200 day simple moving average of $151.37.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly 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. The company had revenue of $549.90 million during the quarter, compared to analysts’ expectations of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The business’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.22 earnings per share. 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. Sell-side analysts expect that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Institutional Investors Weigh In On Mid-America Apartment Communities

Institutional investors and hedge funds have recently bought and sold shares of the business. Smartleaf Asset Management LLC boosted its stake in shares of Mid-America Apartment Communities by 6.8% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,021 shares of the real estate investment trust’s stock valued at $169,000 after purchasing an additional 65 shares in the last quarter. Alhambra Investment Management LLC lifted its stake in shares of Mid-America Apartment Communities by 3.1% during the 1st quarter. Alhambra Investment Management LLC now owns 2,166 shares of the real estate investment trust’s stock worth $363,000 after buying an additional 66 shares during the last quarter. Stephens Inc. AR boosted its stake in Mid-America Apartment Communities by 2.6% in the 1st quarter. Stephens Inc. AR now owns 2,762 shares of the real estate investment trust’s stock valued at $463,000 after purchasing an additional 70 shares during the period. Ables Iannone Moore & Associates Inc. grew its position in Mid-America Apartment Communities by 2.7% during the second quarter. Ables Iannone Moore & Associates Inc. now owns 2,683 shares of the real estate investment trust’s stock worth $397,000 after buying an additional 70 shares in the last quarter. Finally, Avantax Advisory Services Inc. increased its position in shares of Mid-America Apartment Communities by 3.5% in the first quarter. Avantax Advisory Services Inc. now owns 2,353 shares of the real estate investment trust’s stock worth $394,000 after purchasing an additional 80 shares during the period. Hedge funds and other institutional investors own 93.60% of the company’s stock.

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.