Mid-America Apartment Communities (NYSE:MAA – Get Free Report) was upgraded by equities researchers at Jefferies Financial Group to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.
Several other analysts have also recently commented on the stock. Mizuho lifted their target price on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. Scotiabank raised their price objective on Mid-America Apartment Communities from $129.00 to $137.00 and gave the stock a “sector underperform” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. started coverage on Mid-America Apartment Communities in a research report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price objective for the company. Wells Fargo & Company upped their target price on Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, Weiss Ratings upgraded Mid-America Apartment Communities from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Mid-America Apartment Communities has a consensus rating of “Hold” and an average target price of $145.25.
Check Out Our Latest Analysis on Mid-America Apartment Communities
Mid-America Apartment Communities Price Performance
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $1.30. The business had revenue of $553.73 million during the quarter, compared to the consensus estimate of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.20 earnings per share. 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. Research analysts expect that Mid-America Apartment Communities will post 8.51 EPS for the current year.
Insider Activity
In related news, Director Tamara D. Fischer acquired 1,100 shares of the stock in a transaction dated Thursday, May 21st. The stock was bought at an average cost of $128.55 per share, with a total value of $141,405.00. Following the purchase, the director directly owned 1,100 shares of the company’s stock, valued at approximately $141,405. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.60% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Physician Wealth Advisors Inc. raised its holdings in shares of Mid-America Apartment Communities by 65.2% in the 4th 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 period. Elevation Wealth Partners LLC grew its holdings in shares of 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 stake in shares of Mid-America Apartment Communities during the 4th quarter worth about $32,000. Measured Wealth Private Client Group LLC acquired a new stake in Mid-America Apartment Communities during the 3rd quarter worth approximately $33,000. Finally, Hurley Capital LLC increased its position in Mid-America Apartment Communities by 70.4% during the 4th quarter. Hurley Capital LLC now owns 271 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 112 shares in the last quarter. Institutional investors and hedge funds own 93.60% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Mid-America Apartment Communities
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Receive News & Ratings for Mid-America Apartment Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mid-America Apartment Communities and related companies with MarketBeat.com's FREE daily email newsletter.
