Mid-America Apartment Communities (NYSE:MAA) Earns Neutral Rating from Analysts at Cantor Fitzgerald

Research analysts at Cantor Fitzgerald began coverage on shares of Mid-America Apartment Communities (NYSE:MAA) in a report released on Wednesday, MarketBeat reports. The firm set a “neutral” rating and a $150.00 price target on the real estate investment trust’s stock. Cantor Fitzgerald’s price objective suggests a potential upside of 10.14% from the stock’s current price.

A number of other analysts also recently weighed in on MAA. The Goldman Sachs Group downgraded Mid-America Apartment Communities from a “buy” rating to a “neutral” rating and set a $165.00 target price for the company. in a research report on Friday, July 11th. Barclays dropped their price objective on Mid-America Apartment Communities from $156.00 to $155.00 and set an “equal weight” rating for the company in a research report on Tuesday. Morgan Stanley dropped their price objective on Mid-America Apartment Communities from $177.00 to $169.00 and set an “overweight” rating for the company in a research report on Wednesday, August 13th. Evercore ISI upped their price objective on Mid-America Apartment Communities from $152.00 to $154.00 and gave the stock an “in-line” rating in a research report on Monday, September 15th. Finally, Scotiabank dropped their price objective on Mid-America Apartment Communities from $180.00 to $170.00 and set a “sector outperform” rating for the company in a research report on Thursday, August 14th. Eight investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Mid-America Apartment Communities currently has an average rating of “Hold” and a consensus price target of $161.78.

Mid-America Apartment Communities Stock Performance

NYSE:MAA opened at $136.20 on Wednesday. The stock has a fifty day moving average price of $142.15 and a 200-day moving average price of $151.01. The company has a market cap of $15.94 billion, a price-to-earnings ratio of 28.02, a PEG ratio of 3.69 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. Mid-America Apartment Communities has a fifty-two week low of $136.07 and a fifty-two week high of $173.38.

Mid-America Apartment Communities (NYSE:MAA) last released its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.14 by $0.01. The firm had revenue of $549.90 million during the quarter, compared to the consensus estimate 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 revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the company posted $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. As a group, equities analysts anticipate that Mid-America Apartment Communities will post 8.84 EPS for the current fiscal year.

Hedge Funds Weigh In On Mid-America Apartment Communities

Several large investors have recently bought and sold shares of MAA. Parallel Advisors LLC raised its position in Mid-America Apartment Communities by 11.4% in the first quarter. Parallel Advisors LLC now owns 1,032 shares of the real estate investment trust’s stock valued at $173,000 after purchasing an additional 106 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Mid-America Apartment Communities by 7.0% in the first quarter. Rhumbline Advisers now owns 254,584 shares of the real estate investment trust’s stock worth $42,663,000 after acquiring an additional 16,560 shares during the period. Czech National Bank lifted its stake in shares of Mid-America Apartment Communities by 6.0% in the first quarter. Czech National Bank now owns 26,850 shares of the real estate investment trust’s stock worth $4,500,000 after acquiring an additional 1,508 shares during the period. NBC Securities Inc. acquired a new position in shares of Mid-America Apartment Communities in the first quarter worth approximately $46,000. Finally, Merit Financial Group LLC lifted its stake in shares of Mid-America Apartment Communities by 4.7% in the first quarter. Merit Financial Group LLC now owns 3,910 shares of the real estate investment trust’s stock worth $655,000 after acquiring an additional 175 shares during the period. 93.60% of the stock is currently owned by institutional investors.

About Mid-America Apartment Communities

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.