Mizuho Lowers Mid-America Apartment Communities (NYSE:MAA) Price Target to $140.00

Mid-America Apartment Communities (NYSE:MAA) had its price target reduced by equities researchers at Mizuho from $152.00 to $140.00 in a research report issued on Tuesday, Benzinga reports. The firm currently has an “outperform” rating on the real estate investment trust’s stock. Mizuho’s price objective would indicate a potential upside of 9.36% from the company’s previous close.

MAA has been the topic of several other reports. BNP Paribas Exane raised Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. Citigroup reissued a “market outperform” rating on shares of Mid-America Apartment Communities in a report on Wednesday, September 2nd. JPMorgan Chase & Co. started coverage on Mid-America Apartment Communities in a research report on Thursday, July 16th. They issued a “neutral” rating and a $147.00 target price on the stock. Barclays cut their price target on Mid-America Apartment Communities from $147.00 to $146.00 and set an “equal weight” rating for the company in a research note on Monday, August 17th. Finally, Truist Financial increased their price objective on shares of Mid-America Apartment Communities from $136.00 to $146.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $143.94.

Mid-America Apartment Communities Stock Performance

Shares of MAA stock traded down $0.31 during trading hours on Tuesday, reaching $128.01. The company had a trading volume of 163,072 shares, compared to its average volume of 974,543. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.09 and a current ratio of 0.09. The business has a fifty day moving average price of $133.58 and a 200-day moving average price of $131.20. Mid-America Apartment Communities has a one year low of $120.30 and a one year high of $145.80. The firm has a market cap of $14.85 billion, a PE ratio of 37.42 and a beta of 0.73.

Mid-America Apartment Communities (NYSE:MAA) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $1.32. Mid-America Apartment Communities had a net margin of 18.17% and a return on equity of 6.99%. The company had revenue of $555.13 million for the quarter, compared to the consensus estimate of $556.18 million. During the same quarter in the prior year, the firm earned $2.15 earnings per share. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. Mid-America Apartment Communities has set its FY 2026 guidance at 8.410-8.650 EPS and its Q3 2026 guidance at 2.040-2.160 EPS. Sell-side analysts predict that Mid-America Apartment Communities will post 8.52 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MAA. Elevation Wealth Partners LLC boosted its position in shares of Mid-America Apartment Communities by 593.1% in the second quarter. Elevation Wealth Partners LLC now owns 201 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 172 shares during the period. Raiffeisen Bank International AG lifted its stake in shares of Mid-America Apartment Communities by 116.7% during the 2nd quarter. Raiffeisen Bank International AG now owns 221 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 119 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in Mid-America Apartment Communities in the 4th quarter worth $32,000. Measured Wealth Private Client Group LLC bought a new position in Mid-America Apartment Communities in the 3rd quarter worth $33,000. Finally, Root Financial Partners LLC increased its stake in Mid-America Apartment Communities by 3,100.0% in the 1st quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after buying an additional 279 shares in the last quarter. 93.60% of the stock is currently owned by 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.