Mid-America Apartment Communities’ (MAA) “Hold” Rating Reiterated at UBS Group

UBS Group reissued their hold rating on shares of Mid-America Apartment Communities (NYSE:MAA) in a research report report published on Tuesday morning, Marketbeat Ratings reports. UBS Group currently has a $129.00 price objective on the real estate investment trust’s stock, down from their previous price objective of $132.00.

MAA has been the subject of a number of other research reports. JPMorgan Chase & Co. initiated coverage on shares of Mid-America Apartment Communities in a report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 price target for the company. Truist Financial boosted their price objective on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Morgan Stanley cut their target price on Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 12th. Piper Sandler reduced their target price on Mid-America Apartment Communities from $143.00 to $140.00 and set a “neutral” rating for the company in a research note on Friday, July 31st. Finally, BNP Paribas Exane raised Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $142.31.

Mid-America Apartment Communities Trading Down 0.6%

Shares of NYSE MAA opened at $121.12 on Tuesday. Mid-America Apartment Communities has a 1-year low of $120.30 and a 1-year high of $144.41. The business has a fifty day moving average price of $131.15 and a 200 day moving average price of $130.66. The stock has a market capitalization of $14.05 billion, a P/E ratio of 35.42 and a beta of 0.73. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.09 and a quick ratio of 0.09.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The firm had revenue of $555.13 million for the quarter, compared to the consensus estimate of $556.18 million. During the same quarter in the previous year, the firm earned $2.15 EPS. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Equities research analysts expect that Mid-America Apartment Communities will post 8.51 EPS for the current fiscal year.

Institutional Trading of Mid-America Apartment Communities

Several institutional investors and hedge funds have recently bought and sold shares of the business. Sequoia Financial Advisors LLC increased its stake in shares of Mid-America Apartment Communities by 89.5% in the second quarter. Sequoia Financial Advisors LLC now owns 4,177 shares of the real estate investment trust’s stock worth $580,000 after acquiring an additional 1,973 shares during the period. National Pension Service lifted its position in Mid-America Apartment Communities by 18.2% during the second quarter. National Pension Service now owns 10,318 shares of the real estate investment trust’s stock valued at $1,434,000 after purchasing an additional 1,591 shares during the period. Integrated Wealth Concepts LLC lifted its position in Mid-America Apartment Communities by 93.1% during the second quarter. Integrated Wealth Concepts LLC now owns 11,812 shares of the real estate investment trust’s stock valued at $1,641,000 after purchasing an additional 5,694 shares during the period. NewEdge Advisors LLC boosted its holdings in Mid-America Apartment Communities by 40.0% in the second quarter. NewEdge Advisors LLC now owns 12,817 shares of the real estate investment trust’s stock valued at $1,781,000 after purchasing an additional 3,665 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in Mid-America Apartment Communities by 73.2% in the second quarter. Squarepoint Ops LLC now owns 84,017 shares of the real estate investment trust’s stock valued at $11,673,000 after purchasing an additional 35,522 shares during the last quarter. 93.60% of the stock is currently owned by institutional investors and hedge funds.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc (NYSE: MAA) is a self-administered and self-managed real estate investment trust that owns, operates, acquires and develops multifamily apartment communities. The company focuses primarily on conventional apartment properties and generates revenue through leasing residential units to individuals and families.

MAA’s portfolio is concentrated in the Sun Belt region of the United States, including markets across the Southeast, Southwest and parts of the South Central United States.