Jefferies Financial Group Inc. Takes $983,000 Position in Mid-America Apartment Communities, Inc. $MAA

Jefferies Financial Group Inc. bought a new stake in Mid-America Apartment Communities, Inc. (NYSE:MAAFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,078 shares of the real estate investment trust’s stock, valued at approximately $983,000.

A number of other institutional investors have also added to or reduced their stakes in MAA. Elevation Wealth Partners LLC raised its position in shares of Mid-America Apartment Communities by 593.1% during the second 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 acquired a new stake in Mid-America Apartment Communities in the 4th quarter valued at $32,000. Measured Wealth Private Client Group LLC bought a new stake in Mid-America Apartment Communities during the 3rd quarter valued at $33,000. Root Financial Partners LLC increased its stake in Mid-America Apartment Communities by 3,100.0% during the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock valued at $35,000 after purchasing an additional 279 shares in the last quarter. Finally, Transamerica Financial Advisors LLC acquired a new position in Mid-America Apartment Communities during the second quarter worth $37,000. 93.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on MAA. Barclays decreased their target price on shares of Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating for the company in a research report on Monday, August 17th. Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 10th. Wall Street Zen upgraded shares of Mid-America Apartment Communities from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Jefferies Financial Group raised Mid-America Apartment Communities to a “hold” rating in a research report on Wednesday, July 22nd. Finally, JPMorgan Chase & Co. began coverage on Mid-America Apartment Communities in a research report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 target price for the company. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and an average target price of $144.81.

View Our Latest Report on Mid-America Apartment Communities

Mid-America Apartment Communities Trading Up 0.0%

NYSE MAA opened at $129.63 on Monday. The stock has a market cap of $15.04 billion, a P/E ratio of 37.90 and a beta of 0.73. The stock has a 50 day simple moving average of $134.55 and a two-hundred day simple moving average of $131.47. Mid-America Apartment Communities, Inc. has a fifty-two week low of $120.30 and a fifty-two week high of $146.41. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.09 and a current ratio of 0.09.

Mid-America Apartment Communities (NYSE:MAAGet Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, topping the consensus estimate of $0.76 by $1.32. The company had revenue of $555.13 million for the quarter, compared to analysts’ expectations of $556.18 million. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%.The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.15 earnings per share. 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. On average, analysts forecast that Mid-America Apartment Communities, Inc. will post 8.52 earnings per share for the current year.

Mid-America Apartment Communities Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Mid-America Apartment Communities (NYSE:MAA)

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