Wall Street Zen Upgrades Mid-America Apartment Communities (NYSE:MAA) to “Hold”

Mid-America Apartment Communities (NYSE:MAA) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

A number of other analysts have also weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Mid-America Apartment Communities in a research report on Wednesday, October 8th. UBS Group decreased their price target on Mid-America Apartment Communities from $149.00 to $142.00 and set a “sell” rating for the company in a research note on Tuesday, July 15th. Scotiabank decreased their price target on Mid-America Apartment Communities from $180.00 to $170.00 and set a “sector outperform” rating for the company in a research note on Thursday, August 14th. Cantor Fitzgerald initiated coverage on Mid-America Apartment Communities in a research note on Wednesday, October 1st. They set a “neutral” rating and a $150.00 price target for the company. Finally, Raymond James Financial lowered shares of Mid-America Apartment Communities from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 24th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $161.78.

Mid-America Apartment Communities Price Performance

Shares of Mid-America Apartment Communities stock opened at $132.71 on Friday. The stock has a market cap of $15.54 billion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of 3.55 and a beta of 0.77. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.10 and a current ratio of 0.10. The stock has a 50 day moving average price of $139.94 and a 200-day moving average price of $148.52. Mid-America Apartment Communities has a one year low of $131.17 and a one year high of $173.38.

Mid-America Apartment Communities (NYSE:MAA) last announced its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.01. The firm had revenue of $549.90 million during the quarter, compared to analysts’ expectations of $552.19 million. Mid-America Apartment Communities had a return on equity of 9.35% and a net margin of 25.98%.The company’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.22 EPS. Mid-America Apartment Communities has set its Q3 2025 guidance at 2.080-2.240 EPS. FY 2025 guidance at 8.650-8.890 EPS. Equities analysts expect that Mid-America Apartment Communities will post 8.84 EPS for the current year.

Institutional Investors Weigh In On Mid-America Apartment Communities

Institutional investors and hedge funds have recently bought and sold shares of the company. Elevation Point Wealth Partners LLC bought a new stake in Mid-America Apartment Communities during the 2nd quarter valued at $25,000. Financial Network Wealth Advisors LLC bought a new stake in Mid-America Apartment Communities during the 1st quarter valued at $29,000. Caitong International Asset Management Co. Ltd bought a new stake in Mid-America Apartment Communities during the 2nd quarter valued at $26,000. Larson Financial Group LLC raised its position in Mid-America Apartment Communities by 107.1% during the 1st quarter. Larson Financial Group LLC now owns 176 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 91 shares in the last quarter. Finally, Sound Income Strategies LLC raised its position in Mid-America Apartment Communities by 972.2% during the 2nd quarter. Sound Income Strategies LLC now owns 193 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 175 shares in the last quarter. 93.60% of the stock is owned by institutional investors.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc is a real estate investment trust, which engages in the operation, acquisition, and development of apartment communities. It operates through the Same Store and Non-Same Store segments. The Same Store Communities segment represents those apartment communities that have been owned and stabilized for at least 12 months as of the first day of the calendar year.