Mid-America Apartment Communities (NYSE:MAA) Price Target Lowered to $138.00 at Barclays

Mid-America Apartment Communities (NYSE:MAA) had its target price dropped by Barclays from $144.00 to $138.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Barclays‘s price objective points to a potential upside of 4.23% from the company’s previous close.

Several other analysts also recently issued reports on MAA. Citigroup decreased their price target on Mid-America Apartment Communities from $155.00 to $148.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Truist Financial reduced their target price on Mid-America Apartment Communities from $158.00 to $146.00 and set a “buy” rating for the company in a report on Monday, November 10th. KeyCorp decreased their target price on Mid-America Apartment Communities from $170.00 to $155.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Royal Bank Of Canada lowered their price target on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a report on Friday, February 6th. Finally, Wells Fargo & Company dropped their price target on shares of Mid-America Apartment Communities from $157.00 to $150.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 25th. Nine investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $152.75.

Mid-America Apartment Communities Stock Down 1.5%

Shares of Mid-America Apartment Communities stock traded down $2.01 during midday trading on Friday, reaching $132.40. 48,393 shares of the company’s stock traded hands, compared to its average volume of 973,882. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.10 and a current ratio of 0.10. Mid-America Apartment Communities has a 52 week low of $125.75 and a 52 week high of $171.56. The company’s 50 day simple moving average is $135.24 and its 200 day simple moving average is $135.79. The company has a market cap of $15.48 billion, a price-to-earnings ratio of 35.03, a price-to-earnings-growth ratio of 2.22 and a beta of 0.79.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.22 by ($1.74). The business had revenue of $555.56 million during the quarter, compared to the consensus estimate of $556.80 million. Mid-America Apartment Communities had a return on equity of 7.44% and a net margin of 20.23%.The company’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.23 earnings per share. 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 expect that Mid-America Apartment Communities will post 8.84 earnings per share for the current fiscal year.

Insider Transactions at Mid-America Apartment Communities

In other news, EVP Robert J. Delpriore sold 5,426 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $138.23, for a total transaction of $750,035.98. Following the completion of the transaction, the executive vice president directly owned 49,745 shares in the company, valued at $6,876,251.35. The trade was a 9.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $136.50, for a total transaction of $31,804.50. Following the completion of the sale, the executive vice president owned 3,799 shares in the company, valued at approximately $518,563.50. The trade was a 5.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,079 shares of company stock worth $838,698 over the last three months. 1.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 valued at $2,149,000 after buying an additional 620 shares during the period. Atria Investments Inc raised its holdings in Mid-America Apartment Communities by 48.2% in the 2nd quarter. Atria Investments Inc now owns 5,709 shares of the real estate investment trust’s stock valued at $845,000 after acquiring an additional 1,856 shares in the last quarter. Huntington National Bank lifted its position in shares of Mid-America Apartment Communities by 28.5% in the 2nd quarter. Huntington National Bank now owns 1,158 shares of the real estate investment trust’s stock worth $171,000 after acquiring an additional 257 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in shares of Mid-America Apartment Communities during the 2nd quarter worth approximately $65,000. Finally, Andra AP fonden increased its position in shares of Mid-America Apartment Communities by 117.5% during the second quarter. Andra AP fonden now owns 120,200 shares of the real estate investment trust’s stock valued at $17,791,000 after purchasing an additional 64,940 shares during the period. 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.