Mid-America Apartment Communities (NYSE:MAA) Stock Price Expected to Rise, Piper Sandler Analyst Says

Mid-America Apartment Communities (NYSE:MAA) had its price target raised by analysts at Piper Sandler from $140.00 to $143.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Piper Sandler’s price target would indicate a potential upside of 8.69% from the stock’s previous close.

Several other research analysts have also commented on MAA. Mizuho raised their price objective on shares of Mid-America Apartment Communities from $148.00 to $152.00 and gave the company an “outperform” rating in a research note on Wednesday, June 10th. JPMorgan Chase & Co. started coverage on shares of Mid-America Apartment Communities in a report on Thursday, July 16th. They set a “neutral” rating and a $147.00 target price on the stock. Jefferies Financial Group cut shares of Mid-America Apartment Communities from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. UBS Group reduced their price objective on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Finally, Barclays increased their price objective on Mid-America Apartment Communities from $139.00 to $147.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 14th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $145.25.

Mid-America Apartment Communities Price Performance

MAA stock opened at $131.56 on Tuesday. The business’s fifty day moving average price is $134.49 and its 200 day moving average price is $131.89. Mid-America Apartment Communities has a 12-month low of $120.30 and a 12-month high of $153.93. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $15.31 billion, a PE ratio of 39.87 and a beta of 0.74.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $1.30. The company had revenue of $553.73 million during the quarter, compared to analysts’ expectations of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.Mid-America Apartment Communities’s revenue for the quarter was up .8% on a year-over-year basis. During the same period last year, the business posted $2.20 EPS. 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, sell-side analysts anticipate that Mid-America Apartment Communities will post 8.51 EPS for the current year.

Insiders Place Their Bets

In related news, Director Tamara D. Fischer acquired 1,100 shares of Mid-America Apartment Communities stock in a transaction dated Thursday, May 21st. The stock was acquired at an average price of $128.55 per share, for a total transaction of $141,405.00. Following the transaction, the director owned 1,100 shares of the company’s stock, valued at $141,405. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Mid-America Apartment Communities by 5.1% during 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 during the last quarter. EverSource Wealth Advisors LLC increased its position 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 worth $137,000 after purchasing an additional 299 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Mid-America Apartment Communities by 7.1% in the 2nd 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 during the last quarter. Walleye Capital LLC purchased a new stake in shares of Mid-America Apartment Communities in the 2nd quarter valued at about $230,000. Finally, Bank of Nova Scotia boosted its position in shares of Mid-America Apartment Communities by 21.7% in the 2nd quarter. Bank of Nova Scotia now owns 15,538 shares of the real estate investment trust’s stock valued at $2,300,000 after purchasing an additional 2,771 shares during the period. 93.60% of the stock is owned by hedge funds and other institutional investors.

Mid-America Apartment Communities Company Profile

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.