Mid-America Apartment Communities (NYSE:MAA) Given New $125.00 Price Target at The Goldman Sachs Group

Mid-America Apartment Communities (NYSE:MAA) had its price objective dropped by stock analysts at The Goldman Sachs Group from $142.00 to $125.00 in a research note issued on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the real estate investment trust’s stock. The Goldman Sachs Group’s price objective indicates a potential upside of 6.40% from the stock’s current price.

MAA has been the subject of several other reports. KeyCorp reaffirmed an “overweight” rating on shares of Mid-America Apartment Communities in a research note on Tuesday, September 29th. Mizuho cut their target price on Mid-America Apartment Communities from $152.00 to $140.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 8th. BNP Paribas Exane raised Mid-America Apartment Communities from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Morgan Stanley decreased their price target on Mid-America Apartment Communities from $155.00 to $147.00 and set an “overweight” rating on the stock in a report on Wednesday, August 12th. Finally, Truist Financial decreased their price target on Mid-America Apartment Communities from $146.00 to $132.00 and set a “buy” rating on the stock in a report on Thursday, September 17th. Eight research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $137.82.

Mid-America Apartment Communities Trading Up 0.1%

Shares of NYSE:MAA traded up $0.12 during trading on Wednesday, reaching $117.48. The company’s stock had a trading volume of 198,519 shares, compared to its average volume of 1,008,210. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 1.02. Mid-America Apartment Communities has a 12 month low of $113.95 and a 12 month high of $144.41. The firm’s 50 day simple moving average is $123.49 and its two-hundred day simple moving average is $129.09. The stock has a market capitalization of $13.63 billion, a PE ratio of 34.38 and a beta of 0.75.

Mid-America Apartment Communities (NYSE:MAA) last released its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $2.08 EPS for the quarter, topping the consensus estimate of $0.76 by $1.32. Mid-America Apartment Communities had a return on equity of 6.99% and a net margin of 18.17%. The company had revenue of $555.13 million during the quarter, compared to analyst estimates of $556.18 million. During the same quarter last year, the business posted $2.15 earnings per share. The firm’s revenue was up 1.0% on a year-over-year basis. 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. On average, research analysts predict that Mid-America Apartment Communities will post 8.51 EPS for the current fiscal year.

Institutional Trading of Mid-America Apartment Communities

Several institutional investors have recently added to or reduced their stakes in the company. Gold Investment Management Ltd. grew its stake in shares of Mid-America Apartment Communities by 2.5% during the third quarter. Gold Investment Management Ltd. now owns 11,011 shares of the real estate investment trust’s stock valued at $1,296,000 after buying an additional 267 shares during the last quarter. AlphaStar Capital Management LLC purchased a new stake in shares of Mid-America Apartment Communities in the third quarter worth approximately $387,000. Franchise GP Ltd purchased a new stake in shares of Mid-America Apartment Communities in the third quarter worth approximately $71,000. V Square Quantitative Management LLC lifted its stake in shares of Mid-America Apartment Communities by 30.9% during the 3rd quarter. V Square Quantitative Management LLC now owns 3,027 shares of the real estate investment trust’s stock worth $356,000 after acquiring an additional 714 shares during the last quarter. Finally, TT Capital Management LLC lifted its stake in shares of Mid-America Apartment Communities by 31.1% during the 3rd quarter. TT Capital Management LLC now owns 28,390 shares of the real estate investment trust’s stock worth $3,343,000 after acquiring an additional 6,735 shares during the last quarter. Institutional investors own 93.60% of the company’s stock.

Mid-America Apartment Communities Company Profile

Mid-America Apartment Communities, Inc (NYSE: MAA) is a real estate investment trust that owns, operates and develops multifamily apartment communities. Its portfolio is focused primarily on conventional apartment housing, with properties offering a range of floor plans and amenities designed for individual renters, couples and families.

MAA concentrates its operations in high-growth markets across the Sun Belt, including communities in the Southeast, Southwest and Mid-Atlantic regions of the United States.