Mid-America Apartment Communities (NYSE:MAA) Lowered to Sell Rating by Wall Street Zen

Mid-America Apartment Communities (NYSE:MAA) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Sunday.

Several other analysts have also recently weighed in on MAA. Morgan Stanley decreased their price objective on shares of Mid-America Apartment Communities from $177.00 to $169.00 and set an “overweight” rating on the stock in a research note on Wednesday, August 13th. 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 on the stock. in a research note on Friday, July 11th. Barclays decreased their price objective on shares of Mid-America Apartment Communities from $156.00 to $155.00 and set an “equal weight” rating on the stock in a research note on Tuesday, September 30th. Cantor Fitzgerald initiated coverage on shares of Mid-America Apartment Communities in a research note on Wednesday, October 1st. They set a “neutral” rating and a $150.00 price target on the stock. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mid-America Apartment Communities in a research note on Saturday. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Mid-America Apartment Communities has an average rating of “Hold” and an average target price of $161.78.

Mid-America Apartment Communities Stock Down 0.3%

Shares of MAA opened at $134.03 on Friday. The company has a 50-day simple moving average of $139.37 and a 200-day simple moving average of $147.94. The firm has a market capitalization of $15.69 billion, a P/E ratio of 27.58, a P/E/G ratio of 3.58 and a beta of 0.77. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.10 and a current ratio of 0.10. Mid-America Apartment Communities has a 52 week low of $131.17 and a 52 week high of $173.38.

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

Institutional Investors Weigh In On Mid-America Apartment Communities

A number of hedge funds and other institutional investors have recently made changes to their positions in MAA. GAMMA Investing LLC increased its stake in Mid-America Apartment Communities by 34.6% in the 1st quarter. GAMMA Investing LLC now owns 3,467 shares of the real estate investment trust’s stock valued at $581,000 after buying an additional 892 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Mid-America Apartment Communities by 7.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 8,328 shares of the real estate investment trust’s stock valued at $1,396,000 after buying an additional 608 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Mid-America Apartment Communities by 8.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,239 shares of the real estate investment trust’s stock valued at $3,026,000 after buying an additional 1,478 shares during the last quarter. Highland Capital Management LLC increased its stake in Mid-America Apartment Communities by 5.1% in the 1st quarter. Highland Capital Management LLC now owns 2,058 shares of the real estate investment trust’s stock valued at $345,000 after buying an additional 100 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in Mid-America Apartment Communities by 1.6% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 362,264 shares of the real estate investment trust’s stock valued at $60,708,000 after buying an additional 5,650 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

About Mid-America Apartment Communities

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.