Mid-America Apartment Communities (NYSE:MAA) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Mid-America Apartment Communities (NYSE:MAA) had its target price lifted by investment analysts at Wells Fargo & Company from $140.00 to $148.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 11.49% from the company’s previous close.

Several other equities research analysts have also weighed in on the stock. Citigroup reiterated a “market outperform” rating on shares of Mid-America Apartment Communities in a research note on Wednesday, June 10th. Mizuho upped their target price on Mid-America Apartment Communities from $148.00 to $152.00 and gave the company an “outperform” rating in a report on Wednesday, June 10th. Truist Financial increased their price target on Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Jefferies Financial Group downgraded Mid-America Apartment Communities from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Finally, Cantor Fitzgerald reduced their price objective on Mid-America Apartment Communities from $141.00 to $132.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Mid-America Apartment Communities currently has a consensus rating of “Hold” and an average target price of $145.25.

Mid-America Apartment Communities Stock Up 0.9%

NYSE:MAA opened at $132.74 on Wednesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.13 and a current ratio of 0.13. The company has a market capitalization of $15.45 billion, a price-to-earnings ratio of 40.23 and a beta of 0.74. Mid-America Apartment Communities has a one year low of $120.30 and a one year high of $153.31. The stock has a 50-day simple moving average of $134.60 and a 200 day simple moving average of $131.85.

Mid-America Apartment Communities (NYSE:MAA) last issued its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, topping the consensus estimate of $0.83 by $1.30. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The company had revenue of $553.73 million during the quarter, compared to analyst estimates of $555.75 million. During the same quarter last year, the firm earned $2.20 EPS. The business’s 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. Sell-side analysts predict that Mid-America Apartment Communities will post 8.51 EPS for the current fiscal year.

Insider Transactions at Mid-America Apartment Communities

In other news, Director Tamara D. Fischer bought 1,100 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was purchased 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 in the company, valued at approximately $141,405. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Mid-America Apartment Communities

Hedge funds have recently made changes to their positions in the business. Norges Bank acquired a new stake in Mid-America Apartment Communities in the 4th quarter valued at approximately $750,603,000. Viking Global Investors LP acquired a new position in Mid-America Apartment Communities during the 3rd quarter worth $369,597,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Mid-America Apartment Communities by 621.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,208,081 shares of the real estate investment trust’s stock worth $168,805,000 after acquiring an additional 1,040,525 shares during the period. Millennium Management LLC grew its stake in shares of Mid-America Apartment Communities by 3,129.2% in the fourth quarter. Millennium Management LLC now owns 738,065 shares of the real estate investment trust’s stock worth $102,525,000 after purchasing an additional 715,209 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of Mid-America Apartment Communities by 30.5% in the fourth quarter. JPMorgan Chase & Co. now owns 2,030,848 shares of the real estate investment trust’s stock worth $282,105,000 after purchasing an additional 474,989 shares in the last quarter. Institutional investors own 93.60% of the company’s stock.

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.