Mid-America Apartment Communities (NYSE:MAA) Given New $132.00 Price Target at Cantor Fitzgerald

Mid-America Apartment Communities (NYSE:MAA) had its target price dropped by investment analysts at Cantor Fitzgerald from $141.00 to $132.00 in a research report issued on Monday,Benzinga reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Cantor Fitzgerald’s price objective indicates a potential upside of 2.17% from the stock’s current price.

Several other analysts also recently weighed in on the company. BTIG Research decreased their price objective on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, March 2nd. UBS Group lifted their price objective on Mid-America Apartment Communities from $132.00 to $134.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Mizuho boosted their target price on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a report on Monday, January 12th. Truist Financial reduced their target price on shares of Mid-America Apartment Communities from $142.00 to $136.00 and set a “buy” rating for the company in a report on Tuesday, March 31st. Finally, KeyCorp reduced their target price on shares of Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Eight equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $147.94.

Mid-America Apartment Communities Stock Up 0.5%

NYSE MAA opened at $129.19 on Monday. The firm has a market capitalization of $15.10 billion, a price-to-earnings ratio of 39.19 and a beta of 0.77. Mid-America Apartment Communities has a 52 week low of $120.30 and a 52 week high of $167.74. The company has a quick ratio of 0.13, a current ratio of 0.13 and a debt-to-equity ratio of 0.99. The company has a fifty day moving average of $127.39 and a two-hundred day moving average of $131.54.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $1.30. The firm had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the firm earned $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. On average, analysts predict that Mid-America Apartment Communities will post 8.53 earnings per share for the current year.

Insider Activity

In other news, EVP Amber Fairbanks sold 711 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $124.73, for a total transaction of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares in the company, valued at $557,667.83. This represents a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,039 shares of company stock worth $129,594 in the last 90 days. Corporate insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Mid-America Apartment Communities

Hedge funds have recently modified their holdings of the stock. Global Assets Advisory LLC purchased a new stake in Mid-America Apartment Communities in the first quarter valued at approximately $62,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Mid-America Apartment Communities by 22.7% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 80,136 shares of the real estate investment trust’s stock valued at $9,786,000 after buying an additional 14,847 shares during the last quarter. Hsbc Holdings PLC boosted its position in Mid-America Apartment Communities by 2.1% in the first quarter. Hsbc Holdings PLC now owns 439,822 shares of the real estate investment trust’s stock valued at $53,736,000 after buying an additional 9,198 shares during the last quarter. Summit Securities Group LLC boosted its position in Mid-America Apartment Communities by 1,150.3% in the first quarter. Summit Securities Group LLC now owns 2,163 shares of the real estate investment trust’s stock valued at $264,000 after buying an additional 1,990 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its position in Mid-America Apartment Communities by 24.3% in the first quarter. Kestra Advisory Services LLC now owns 6,926 shares of the real estate investment trust’s stock valued at $846,000 after buying an additional 1,353 shares during 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.