Mid-America Apartment Communities (NYSE:MAA) Given New $132.00 Price Target at Cantor Fitzgerald

Mid-America Apartment Communities (NYSE:MAA) had its price objective dropped by equities research analysts at Cantor Fitzgerald from $141.00 to $132.00 in a report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s target price points to a potential upside of 2.17% from the stock’s previous close.

Several other research firms have also commented on MAA. Colliers Securities lowered Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a research report on Monday, February 9th. Royal Bank Of Canada lowered their price objective on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a research report on Friday, February 6th. Morgan Stanley decreased their target price on Mid-America Apartment Communities from $164.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, March 16th. Citigroup decreased their target price on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Finally, Wall Street Zen upgraded Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research report on Sunday, April 12th. Eight analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $147.94.

Mid-America Apartment Communities Trading Up 0.5%

Mid-America Apartment Communities stock opened at $129.19 on Monday. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. Mid-America Apartment Communities has a 12 month low of $120.30 and a 12 month high of $167.74. The stock’s 50 day simple moving average is $127.39 and its two-hundred day simple moving average is $131.54. The firm has a market cap of $15.10 billion, a PE ratio of 39.19 and a beta of 0.77.

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 the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The business had revenue of $553.73 million for the quarter, compared to analyst estimates of $555.75 million. During the same quarter in the prior year, the firm posted $2.20 EPS. The business’s quarterly revenue was up .8% compared to the same quarter last year. 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. Analysts anticipate that Mid-America Apartment Communities will post 8.53 earnings per share for the current year.

Insiders Place Their Bets

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was 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 in the company, 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 SEC, which is accessible through the SEC website. 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 sold 1,039 shares of company stock valued at $129,594. Company insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Mid-America Apartment Communities

Several hedge funds and other institutional investors have recently modified their holdings of MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Mid-America Apartment Communities by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock worth $2,149,000 after buying an additional 620 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Mid-America Apartment Communities by 47.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock worth $137,000 after acquiring an additional 299 shares during the last quarter. Baird Financial Group Inc. increased its stake in shares of Mid-America Apartment Communities by 7.1% in the 2nd quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after acquiring an additional 437 shares during the last quarter. Walleye Capital LLC acquired a new stake in shares of Mid-America Apartment Communities in the 2nd quarter worth $230,000. Finally, Bank of Nova Scotia increased its stake in shares of Mid-America Apartment Communities by 21.7% in the 2nd quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock worth $2,300,000 after acquiring an additional 2,771 shares during the last quarter. 93.60% of the stock is owned by hedge funds and other institutional investors.

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.