UBS Group Has Lowered Expectations for Mid-America Apartment Communities (NYSE:MAA) Stock Price

Mid-America Apartment Communities (NYSE:MAA) had its price target dropped by equities researchers at UBS Group from $134.00 to $132.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. UBS Group’s price target would suggest a potential upside of 3.75% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. 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 note on Monday, May 4th. Barclays lifted their price objective on Mid-America Apartment Communities from $137.00 to $139.00 and gave the company an “equal weight” rating in a research note on Monday. Wells Fargo & Company decreased their price objective on Mid-America Apartment Communities from $150.00 to $140.00 and set an “overweight” rating for the company in a research note on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mid-America Apartment Communities in a research note on Friday, March 27th. Finally, Wall Street Zen upgraded Mid-America Apartment Communities from a “strong sell” rating to a “sell” rating in a research note on Sunday, April 12th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $146.67.

Mid-America Apartment Communities Trading Down 1.6%

Mid-America Apartment Communities stock traded down $2.11 during midday trading on Thursday, reaching $127.23. 976,534 shares of the stock traded hands, compared to its average volume of 975,328. The company has a 50-day simple moving average of $126.78 and a two-hundred day simple moving average of $131.38. Mid-America Apartment Communities has a 12-month low of $120.30 and a 12-month high of $163.63. The firm has a market cap of $14.81 billion, a PE ratio of 38.56 and a beta of 0.77. The company has a current ratio of 0.13, a quick ratio of 0.13 and a debt-to-equity ratio of 0.99.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $2.13 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $555.75 million. During the same period last year, the business posted $2.20 EPS. Mid-America Apartment Communities’s revenue for the quarter 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. Research analysts expect that Mid-America Apartment Communities will post 8.53 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Mid-America Apartment Communities news, EVP Amber Fairbanks sold 711 shares of Mid-America Apartment Communities stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $124.73, for a total transaction of $88,683.03. Following the transaction, the executive vice president owned 4,471 shares of the company’s stock, valued at $557,667.83. The trade was a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,039 shares of company stock worth $129,594 over the last quarter. Insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Tobam acquired a new position in shares of Mid-America Apartment Communities in the third quarter valued at approximately $26,000. Physician Wealth Advisors Inc. increased its holdings in shares of Mid-America Apartment Communities by 65.2% in the fourth quarter. Physician Wealth Advisors Inc. now owns 190 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 75 shares during the period. Nalls Sherbakoff Group LLC acquired a new position in Mid-America Apartment Communities during the fourth quarter worth $32,000. Measured Wealth Private Client Group LLC acquired a new position in Mid-America Apartment Communities during the third quarter worth $33,000. Finally, Root Financial Partners LLC grew its holdings in Mid-America Apartment Communities by 3,100.0% during the first quarter. Root Financial Partners LLC now owns 288 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 279 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.