Evaluating Mid-America Apartment: Insights From 9 Financial Analysts

Mid-America Apartment Communities, Inc. +1.16%

Mid-America Apartment Communities, Inc.

MAA

144.28

+1.16%

Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on Mid-America Apartment (NYSE:MAA) in the last three months.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 0 6 0 0
Last 30D 0 0 1 0 0
1M Ago 1 0 0 0 0
2M Ago 1 0 2 0 0
3M Ago 1 0 3 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $140.06, with a high estimate of $152.00 and a low estimate of $126.00. This current average represents a 2.33% decrease from the previous average price target of $143.40.

price target chart

Decoding Analyst Ratings: A Detailed Look

An in-depth analysis of recent analyst actions unveils how financial experts perceive Mid-America Apartment. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Richard Anderson Wedbush Maintains Neutral $135.00 -
Michael Lewis Truist Securities Lowers Buy $148.00 $152.00
Alexander Goldfarb Piper Sandler Maintains Neutral $140.00 -
Wesley Golladay Baird Lowers Neutral $145.00 $147.00
Michael Lewis Truist Securities Lowers Buy $152.00 $158.00
Vikram Malhotra Mizuho Lowers Neutral $126.00 $132.00
Adam Kramer Morgan Stanley Raises Equal-Weight $129.50 $128.00
Chandni Luthra Goldman Sachs Announces Buy $149.00 -
Brad Heffern RBC Capital Maintains Sector Perform $136.00 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Mid-America Apartment. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Mid-America Apartment compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Mid-America Apartment's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Capture valuable insights into Mid-America Apartment's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Mid-America Apartment analyst ratings.

Unveiling the Story Behind Mid-America Apartment

Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store.

Mid-America Apartment's Financial Performance

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Mid-America Apartment's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 2.71%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Mid-America Apartment's net margin excels beyond industry benchmarks, reaching 29.41%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.6%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Mid-America Apartment's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.4%, the company showcases efficient use of assets and strong financial health.

Debt Management: Mid-America Apartment's debt-to-equity ratio is below the industry average. With a ratio of 0.75, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

Analyst Ratings: What Are They?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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