Mid-America Apartment Communities (NYSE:MAA) Given New $148.00 Price Target at Citigroup

Mid-America Apartment Communities (NYSE:MAA) had its price target cut by stock analysts at Citigroup from $155.00 to $148.00 in a report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Citigroup’s price objective indicates a potential upside of 9.16% from the company’s previous close.

Other research analysts have also issued reports about the company. Colliers Securities lowered Mid-America Apartment Communities from a “moderate buy” rating to a “hold” rating in a report on Monday. Wall Street Zen cut shares of Mid-America Apartment Communities from a “hold” rating to a “sell” rating in a report on Sunday, October 26th. Piper Sandler decreased 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 research report on Monday, November 3rd. Cantor Fitzgerald upped their price target on Mid-America Apartment Communities from $137.00 to $141.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, Wells Fargo & Company lowered their price target on Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Nine equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $153.55.

Mid-America Apartment Communities Stock Up 1.6%

NYSE:MAA traded up $2.14 during mid-day trading on Friday, hitting $135.58. The company had a trading volume of 274,639 shares, compared to its average volume of 1,020,294. Mid-America Apartment Communities has a 1 year low of $125.75 and a 1 year high of $173.38. The business has a fifty day simple moving average of $135.13 and a 200-day simple moving average of $136.61. The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $15.85 billion, a price-to-earnings ratio of 35.90, a PEG ratio of 2.25 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $556.80 million. During the same period in the previous year, the business posted $2.23 EPS. The firm’s quarterly 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. Equities analysts forecast that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Adrian Hill bought 758 shares of Mid-America Apartment Communities stock in a transaction dated Friday, December 12th. The shares were acquired at an average cost of $131.83 per share, with a total value of $99,927.14. Following the completion of the transaction, the executive vice president owned 48,766 shares in the company, valued at $6,428,821.78. The trade was a 1.58% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Amber Fairbanks sold 233 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total value of $31,804.50. Following the completion of the sale, the executive vice president owned 3,799 shares of the company’s stock, valued at $518,563.50. The trade was a 5.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have 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.

Hedge Funds Weigh In On Mid-America Apartment Communities

A number of hedge funds and other institutional investors have recently made changes to their positions in MAA. Elevation Point Wealth Partners LLC bought a new stake in shares of Mid-America Apartment Communities in the second quarter valued at about $25,000. Caitong International Asset Management Co. Ltd purchased a new position in Mid-America Apartment Communities during the 2nd quarter valued at about $26,000. Tobam bought a new stake in shares of Mid-America Apartment Communities in the 3rd quarter valued at about $26,000. Physician Wealth Advisors Inc. lifted 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 worth $26,000 after purchasing an additional 75 shares during the period. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of Mid-America Apartment Communities during the third quarter valued at approximately $33,000. Institutional investors 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.