Mid-America Apartment Communities (NYSE:MAA) Rating Increased to Hold at Wall Street Zen

Mid-America Apartment Communities (NYSE:MAA) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

Other equities analysts have also recently issued research reports about the stock. Morgan Stanley raised their target price on shares of Mid-America Apartment Communities from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. UBS Group lowered their target price on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating for the company in a report on Thursday, May 14th. Mizuho increased their price target on Mid-America Apartment Communities from $148.00 to $152.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Wells Fargo & Company cut their price target on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Thursday, April 23rd. Finally, Truist Financial boosted their price objective on Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $144.69.

Mid-America Apartment Communities Stock Down 0.1%

Shares of NYSE:MAA opened at $142.10 on Friday. The company’s fifty day moving average is $132.82 and its two-hundred day moving average is $132.07. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. Mid-America Apartment Communities has a 1-year low of $120.30 and a 1-year high of $153.93. The stock has a market capitalization of $16.54 billion, a price-to-earnings ratio of 43.06 and a beta of 0.74.

Mid-America Apartment Communities (NYSE:MAA) last posted its quarterly earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a net margin of 17.60% and a return on equity of 6.61%. The business had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. During the same period in the previous year, the business posted $2.20 EPS. The company’s quarterly revenue was up .8% on a year-over-year basis. 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. Equities analysts anticipate that Mid-America Apartment Communities will post 8.5 EPS for the current year.

Insider Activity

In other news, Director Tamara D. Fischer purchased 1,100 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were bought at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the completion of the purchase, the director owned 1,100 shares of the company’s stock, valued at $141,405. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $124.73, for a total value of $88,683.03. Following the sale, the executive vice president directly owned 4,471 shares in the company, valued at approximately $557,667.83. This trade represents a 13.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last 90 days, insiders sold 1,039 shares of company stock valued at $129,594. 0.60% of the stock is owned by insiders.

Institutional Trading of Mid-America Apartment Communities

Several hedge funds have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Mid-America Apartment Communities by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,821 shares of the real estate investment trust’s stock worth $2,149,000 after purchasing an additional 620 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of Mid-America Apartment Communities by 47.6% during the second quarter. EverSource Wealth Advisors LLC now owns 927 shares of the real estate investment trust’s stock valued at $137,000 after purchasing an additional 299 shares in the last quarter. Baird Financial Group Inc. raised its stake in shares of Mid-America Apartment Communities by 7.1% during the second quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock valued at $976,000 after purchasing an additional 437 shares in the last quarter. Walleye Capital LLC acquired a new stake in Mid-America Apartment Communities in the second quarter worth about $230,000. Finally, Bank of Nova Scotia lifted its holdings in Mid-America Apartment Communities by 21.7% in the second quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock worth $2,300,000 after purchasing an additional 2,771 shares during the period. 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.