KeyCorp Issues Pessimistic Forecast for Mid-America Apartment Communities (NYSE:MAA) Stock Price

Mid-America Apartment Communities (NYSE:MAA) had its price target lowered by analysts at KeyCorp from $170.00 to $155.00 in a report released on Wednesday, MarketBeat Ratings reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. KeyCorp’s price objective would suggest a potential upside of 16.11% from the stock’s current price.

Other analysts have also issued research reports about the company. Wells Fargo & Company lowered their target price on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Wall Street Zen cut Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a research note on Sunday, October 26th. Barclays dropped their price objective on Mid-America Apartment Communities from $155.00 to $142.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. Piper Sandler reduced their target price on shares of Mid-America Apartment Communities from $153.00 to $140.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $153.84.

Mid-America Apartment Communities Stock Down 1.9%

Shares of NYSE:MAA opened at $133.49 on Wednesday. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 0.93. Mid-America Apartment Communities has a 12 month low of $125.75 and a 12 month high of $173.38. The company has a 50-day moving average price of $135.13 and a 200 day moving average price of $136.61. The company has a market cap of $15.60 billion, a price-to-earnings ratio of 35.31, a PEG ratio of 2.25 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing the consensus estimate of $2.22 by ($1.74). Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The company had revenue of $555.56 million for the quarter, compared to the consensus estimate of $556.80 million. During the same period in the previous year, the firm earned $2.23 earnings per share. The company’s revenue was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its Q1 2026 guidance at 2.050-2.170 EPS and its FY 2026 guidance at 8.350-8.710 EPS. As a group, equities research analysts predict that Mid-America Apartment Communities will post 8.84 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Adrian Hill bought 758 shares of the company’s stock in a transaction on Friday, December 12th. The shares were bought at an average price of $131.83 per share, with a total value of $99,927.14. Following the transaction, the executive vice president owned 48,766 shares in the company, valued at approximately $6,428,821.78. This trade represents a 1.58% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert J. Delpriore sold 5,426 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the transaction, the executive vice president owned 49,745 shares in the company, valued at $6,876,251.35. The trade was a 9.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,079 shares of company stock worth $838,698 in the last three months. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of Mid-America Apartment Communities

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MAA. Norges Bank purchased a new stake in Mid-America Apartment Communities during the 4th quarter valued at about $750,603,000. Viking Global Investors LP acquired a new stake in shares of Mid-America Apartment Communities during the third quarter worth about $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Mid-America Apartment Communities by 621.0% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock valued at $168,805,000 after buying an additional 1,040,525 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in Mid-America Apartment Communities by 461.9% in the second quarter. Daiwa Securities Group Inc. now owns 721,418 shares of the real estate investment trust’s stock valued at $106,777,000 after buying an additional 593,020 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Mid-America Apartment Communities by 30.5% in the 4th quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust’s stock worth $282,105,000 after buying an additional 474,989 shares during the period. Institutional investors and hedge funds own 93.60% of the company’s stock.

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.