Truist Financial Issues Pessimistic Forecast for Mid-America Apartment Communities (NYSE:MAA) Stock Price

Mid-America Apartment Communities (NYSE:MAAGet Free Report) had its price objective decreased by investment analysts at Truist Financial from $142.00 to $136.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the real estate investment trust’s stock. Truist Financial’s price target would suggest a potential upside of 11.13% from the stock’s previous close.

Several other analysts have also issued reports on MAA. Mizuho upped their price target on shares of Mid-America Apartment Communities from $146.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Barclays dropped their target price on shares of Mid-America Apartment Communities from $144.00 to $138.00 and set an “equal weight” rating on the stock in a report on Friday, March 6th. UBS Group lifted their price target on Mid-America Apartment Communities from $132.00 to $134.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. BTIG Research lowered their price target on Mid-America Apartment Communities from $160.00 to $150.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Finally, Royal Bank Of Canada dropped their price objective on Mid-America Apartment Communities from $138.00 to $136.00 and set a “sector perform” rating on the stock in a research note on Friday, February 6th. Eight equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $149.74.

Get Our Latest Report on Mid-America Apartment Communities

Mid-America Apartment Communities Stock Up 0.5%

Shares of NYSE MAA traded up $0.66 during mid-day trading on Tuesday, hitting $122.38. The company had a trading volume of 90,811 shares, compared to its average volume of 967,944. The company has a current ratio of 0.10, a quick ratio of 0.10 and a debt-to-equity ratio of 0.93. The firm has a 50-day simple moving average of $131.25 and a two-hundred day simple moving average of $133.54. The company has a market capitalization of $14.31 billion, a PE ratio of 32.40 and a beta of 0.79. Mid-America Apartment Communities has a one year low of $120.30 and a one year high of $169.42.

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

Insider Activity

In related news, EVP Amber Fairbanks sold 233 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $136.50, for a total transaction of $31,804.50. Following the transaction, the executive vice president directly owned 3,799 shares of the company’s stock, valued at approximately $518,563.50. This trade represents a 5.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robert J. Delpriore sold 5,426 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $138.23, for a total transaction of $750,035.98. Following the completion of the sale, the executive vice president directly owned 49,745 shares of the company’s stock, valued at $6,876,251.35. This represents a 9.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,079 shares of company stock worth $838,698 over the last 90 days. 1.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Mid-America Apartment Communities

Several large investors have recently made changes to their positions in MAA. Elevation Point Wealth Partners LLC bought a new stake in Mid-America Apartment Communities during the second quarter worth $25,000. Tobam bought a new stake in shares of Mid-America Apartment Communities during the 3rd quarter valued at approximately $26,000. Physician Wealth Advisors Inc. increased its position in Mid-America Apartment Communities by 65.2% during the 4th quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 75 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in Mid-America Apartment Communities in the 4th quarter valued at approximately $32,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Mid-America Apartment Communities in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 93.60% of the company’s stock.

Mid-America Apartment Communities Company Profile

(Get 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.

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