Mid-America Apartment Communities (NYSE:MAA) Earns Neutral Rating from Analysts at JPMorgan Chase & Co.

Equities researchers at JPMorgan Chase & Co. assumed coverage on shares of Mid-America Apartment Communities (NYSE:MAA) in a report released on Thursday,Benzinga reports. The firm set a “neutral” rating and a $147.00 price target on the real estate investment trust’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 11.41% from the company’s current price.

Several other equities research analysts have also commented on MAA. Truist Financial boosted their price target on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Cantor Fitzgerald cut their price objective on shares of Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 24th. Wells Fargo & Company cut their price target on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Thursday, April 23rd. Finally, UBS Group reduced their price target on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a research report on Thursday, May 14th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $144.56.

Mid-America Apartment Communities Price Performance

MAA opened at $131.95 on Thursday. The company has a market capitalization of $15.36 billion, a price-to-earnings ratio of 39.98 and a beta of 0.74. 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 $153.93. The business’s fifty day simple moving average is $134.14 and its 200-day simple moving average is $132.10.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings data on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share for the quarter, beating 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 firm had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. During the same period in the previous year, the company posted $2.20 earnings per share. The firm’s quarterly revenue was up .8% on a year-over-year basis. 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. On average, equities research analysts anticipate that Mid-America Apartment Communities will post 8.5 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Tamara D. Fischer acquired 1,100 shares of Mid-America Apartment Communities stock in a transaction dated Thursday, May 21st. The stock was purchased at an average cost of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the purchase, the director directly owned 1,100 shares in the company, valued at $141,405. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.60% of the stock is currently owned by insiders.

Institutional Trading of Mid-America Apartment Communities

Several institutional investors and hedge funds have recently bought and sold shares of the business. Physician Wealth Advisors Inc. raised its holdings in shares of Mid-America Apartment Communities by 65.2% during the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 75 shares during the last quarter. Elevation Wealth Partners LLC grew its position in Mid-America Apartment Communities by 593.1% during the 2nd quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 172 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in shares of Mid-America Apartment Communities during the 4th quarter valued at about $32,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at about $33,000. Finally, Root Financial Partners LLC boosted its stake in shares of Mid-America Apartment Communities by 3,100.0% in the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 279 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Mid-America Apartment Communities Company Profile

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.