Mid-America Apartment Communities (NYSE:MAA – Get Free Report) had its target price boosted by Cantor Fitzgerald from $137.00 to $141.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s price objective would suggest a potential upside of 6.65% from the stock’s current price.
Other analysts have also issued research reports about the company. Morgan Stanley lowered their price target on Mid-America Apartment Communities from $169.00 to $164.00 and set an “overweight” rating for the company in a report on Thursday, November 13th. Truist Financial lowered their target price on Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating for the company in a report on Monday, November 10th. Barclays dropped their price target 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. BTIG Research reaffirmed a “buy” rating and issued a $160.00 price objective on shares of Mid-America Apartment Communities in a research note on Friday, December 5th. Finally, BMO Capital Markets raised shares of Mid-America Apartment Communities from a “hold” rating to an “outperform” rating and raised their target price for the company from $150.00 to $158.00 in a research report on Friday, January 9th. Nine research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $154.63.
View Our Latest Stock Analysis on MAA
Mid-America Apartment Communities Trading Up 1.1%
Mid-America Apartment Communities (NYSE:MAA – Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.22 by ($1.74). The company had revenue of $555.56 million during the quarter, compared to analysts’ expectations of $556.80 million. Mid-America Apartment Communities had a net margin of 20.23% and a return on equity of 7.44%. Mid-America Apartment Communities’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the firm earned $2.23 earnings per share. 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. Equities research analysts forecast that Mid-America Apartment Communities will post 8.84 earnings per share for the current year.
Insider Buying and Selling at Mid-America Apartment Communities
In other news, EVP Adrian Hill purchased 758 shares of the stock in a transaction dated Friday, December 12th. The shares were acquired at an average cost of $131.83 per share, for a total transaction of $99,927.14. Following the acquisition, the executive vice president owned 48,766 shares of the company’s stock, valued at approximately $6,428,821.78. This 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 can be accessed through this hyperlink. Also, EVP Amber Fairbanks sold 233 shares of Mid-America Apartment Communities stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total transaction of $31,804.50. Following the completion of the transaction, the executive vice president directly owned 3,799 shares in the company, valued at approximately $518,563.50. The trade was a 5.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 6,079 shares of company stock valued at $838,698. 1.30% of the stock is currently owned by insiders.
Institutional Trading of Mid-America Apartment Communities
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Elevation Point Wealth Partners LLC purchased a new position in Mid-America Apartment Communities during the 2nd quarter worth $25,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Mid-America Apartment Communities during the second quarter valued at about $26,000. Tobam purchased a new position in shares of Mid-America Apartment Communities in the 3rd quarter valued at approximately $26,000. Physician Wealth Advisors Inc. raised its position 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 valued at $26,000 after purchasing an additional 75 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Mid-America Apartment Communities in the 3rd quarter worth approximately $33,000. Hedge funds and other institutional investors 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.
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