Mid-America Apartment Communities (NYSE:MAA) Upgraded at Jefferies Financial Group

Mid-America Apartment Communities (NYSE:MAA) was upgraded by equities research analysts at Jefferies Financial Group to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Several other research analysts have also weighed in on MAA. UBS Group dropped their price target on Mid-America Apartment Communities from $134.00 to $132.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Cantor Fitzgerald decreased 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. Wells Fargo & Company lifted their target price on Mid-America Apartment Communities from $140.00 to $148.00 and gave the company an “overweight” rating in a research note on Wednesday. Truist Financial upped their target price on Mid-America Apartment Communities from $136.00 to $146.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Finally, Morgan Stanley increased their price target on shares of Mid-America Apartment Communities from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Mid-America Apartment Communities presently has a consensus rating of “Hold” and an average price target of $145.25.

Mid-America Apartment Communities Trading Down 0.5%

NYSE MAA opened at $131.56 on Wednesday. Mid-America Apartment Communities has a twelve month low of $120.30 and a twelve month high of $153.93. 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 stock has a market cap of $15.31 billion, a price-to-earnings ratio of 39.87 and a beta of 0.74. The firm’s 50 day moving average price is $134.49 and its two-hundred day moving average price is $131.89.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 earnings per share (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 analyst estimates of $555.75 million. Mid-America Apartment Communities had a return on equity of 6.61% and a net margin of 17.60%.The company’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.20 earnings per share. 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 8.51 EPS for the current year.

Insider Buying and Selling at Mid-America Apartment Communities

In related news, Director Tamara D. Fischer acquired 1,100 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were acquired at an average cost of $128.55 per share, with a total value of $141,405.00. Following the purchase, the director owned 1,100 shares of the company’s stock, valued at approximately $141,405. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Mid-America Apartment Communities

Several hedge funds and other institutional investors have recently added to or reduced their stakes in MAA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Mid-America Apartment Communities by 5.1% in the 1st 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 last quarter. EverSource Wealth Advisors LLC grew its position in shares of Mid-America Apartment Communities by 47.6% in 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 during the last quarter. Baird Financial Group Inc. increased its stake in shares of Mid-America Apartment Communities by 7.1% in the second quarter. Baird Financial Group Inc. now owns 6,595 shares of the real estate investment trust’s stock worth $976,000 after purchasing an additional 437 shares during the period. Walleye Capital LLC acquired a new position in shares of Mid-America Apartment Communities during the 2nd quarter worth about $230,000. Finally, Bank of Nova Scotia boosted its stake in Mid-America Apartment Communities by 21.7% during 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. Institutional investors and hedge funds 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.