Credit Agricole S A Buys 1,450 Shares of Mid-America Apartment Communities, Inc. $MAA

Credit Agricole S A grew its stake in shares of Mid-America Apartment Communities, Inc. (NYSE:MAA) by 4.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,659 shares of the real estate investment trust’s stock after buying an additional 1,450 shares during the period. Credit Agricole S A’s holdings in Mid-America Apartment Communities were worth $5,473,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Larson Financial Group LLC boosted its stake in Mid-America Apartment Communities by 107.1% in the first quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock worth $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 in the first quarter worth $29,000. CoreCap Advisors LLC lifted its stake in Mid-America Apartment Communities by 94.9% in the fourth quarter. CoreCap Advisors LLC now owns 230 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 112 shares during the period. Zions Bancorporation National Association UT purchased a new stake in Mid-America Apartment Communities in the first quarter worth $38,000. Finally, GoalVest Advisory LLC raised its holdings in Mid-America Apartment Communities by 200.0% in the first quarter. GoalVest Advisory LLC now owns 240 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 93.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on MAA shares. Morgan Stanley reduced their price target on Mid-America Apartment Communities from $177.00 to $169.00 and set an “overweight” rating for the company in a report on Wednesday, August 13th. 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 report on Monday, August 4th. Evercore ISI dropped their target price on Mid-America Apartment Communities from $155.00 to $152.00 and set an “in-line” rating on the stock in a research report on Tuesday, August 12th. The Goldman Sachs Group cut Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 target price on the stock. in a research report on Friday, July 11th. Finally, JMP Securities lifted their price objective on Mid-America Apartment Communities from $160.00 to $170.00 and gave the company a “market outperform” rating in a research report on Thursday, May 22nd. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Mid-America Apartment Communities has a consensus rating of “Hold” and an average price target of $163.21.

Mid-America Apartment Communities Trading Up 1.3%

Shares of NYSE:MAA opened at $142.8890 on Friday. The business’s 50-day moving average is $146.78 and its 200 day moving average is $155.08. Mid-America Apartment Communities, Inc. has a 1 year low of $137.32 and a 1 year high of $173.38. The firm has a market capitalization of $16.73 billion, a P/E ratio of 29.40, a P/E/G ratio of 3.77 and a beta of 0.75. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.10 and a quick ratio of 0.10.

Mid-America Apartment Communities (NYSE:MAA) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.01. The business had revenue of $549.90 million for the quarter, compared to analyst estimates of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The company’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the company earned $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. On average, research analysts predict that Mid-America Apartment Communities, Inc. will post 8.84 earnings per share for the current fiscal year.

Mid-America Apartment Communities 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.