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 the southeastern and southwestern United States. The 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 casualty loss and stabilized communities that do not meet the requirements to be Same Store communities.

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Mid-America Apartment (NYSE: MAA) is poised to benefit from its well-diversified Sun Belt-focused portfolio. The prospects of its redevelopment program and progress in technology measures are likely to drive margin expansion.

Solid Demand Boosts Mid-America Apartment Despite Supply Woes

Wealthy Americans Are Opting To Rent Instead Of Buy: 7 Reasons Why Buying A House Is A Lousy Investment According To These 3 Experts

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INVH

Goldman Sachs analyst initiated coverage of multifamily and single-family rental REITs with Buy ratings and price targets ranging from $46-$318, citing favorable growth environment and strong demand. UDR was the only stock rated Sell with a price target of $42.

Multifamily REITs Set For Revenue Boost As Supply Pressures Ease, Says Goldman Sachs

Mid-America Apartment Communities, Inc. Common Stock

Mid-America Apartment Communities Inc

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M&A RESH INST HLDGS INC by M&A RESH INST HLDGS INC.

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Mid-America Apartment Communities, Inc. 8.50% Series I Cumulative Redeemable Preferred Stock

Mirrored Apple

<p>As of Feb. 26, 2025, three stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.</p>
<p>The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to<a href="https://pro.benzinga.com/">Benzinga Pro</a>. </p>
<p>Here's the latest list of major overbought players in this sector.</p>
<h3 class="wp-block-heading"><strong>KE Holdings Inc &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>)</strong></h3>
<ul>
<li>On Nov. 21, 2024, KE Holdings reported worse-than-expected third-quarter financial results. The company's stock gained around 30% over the past month and has a <a href="https://www.benzinga.com/quote/BEKE">52-week high of $26.04</a>.</li>
<li><strong>RSI Value:</strong> 72.8&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li><strong>BEKE Price Action:</strong> Shares of KE Holdings gained 7.3% to trade at $22.80 on Wednesday. </li>
</ul>
<h3 class="wp-block-heading"><strong>First Industrial Realty Trust Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FR#NYSE">FR</a>)</strong></h3>
<ul>
<li>On Feb. 5, First Industrial Realty posted better-than-expected fourth-quarter results. &#8220;In 2024, the First Industrial team delivered strong portfolio operating metrics and signed 4.7 million square feet of development leases, the second highest annual volume since we re-launched our development program in 2012,&#8221; said Peter E. Baccile, president and chief executive officer of First Industrial. &#8220;Our development leasing efforts were broad-based representing ten markets. Many thanks to our regional teams for this fantastic performance.&#8221; The company's stock gained around 6% over the past month and <a href="https://www.benzinga.com/quote/FR">has a 52-week high</a> of $57.35.</li>
<li><strong>RSI Value:</strong> 70.4</li>
<li><strong>FR Price Action:</strong> Shares of First Industrial Realty Trust gained 0.4% to trade at $56.92 on Wednesday. </li>
</ul>
<h3 class="wp-block-heading"><strong>Mid-America Apartment Communities Inc </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>)</h3>
<ul>
<li>On Feb. 5, Mid-America Apartment posted weaker-than-expected quarterly results. Eric Bolton, Chairman and Chief Executive Officer, said, &#8220;We are encouraged by the performance trends captured in the fourth quarter and the early signs of improvement in pricing trends as the record level of new supply deliveries has now peaked.  Calendar year 2025 will be a transition year for revenue performance as the decline in new supply deliveries will provide for increasingly tighter market conditions and resulting rent growth." The company's stock gained around 7% over the past six months and has a <a href="https://www.benzinga.com/quote/MAA">52-week high</a> of $167.39.</li>
<li><strong>RSI Value:</strong> 71.8</li>
<li><strong>MAA Price Action:</strong> Shares of Mid-America Apartment Communities fell 0.1% to trade at $164.54 on Wednesday. </li>
</ul>
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<p>Barclays  analyst Richard Hightower   maintains Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) with a Equal-Weight and raises the price target from $152 to $163.</p>


Barclays Maintains Equal-Weight on Mid-America Apartment, Raises Price Target to $163

<p>Scotiabank  analyst Nicholas Yulico   upgrades Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) from Sector Perform to Sector Outperform and raises the price target from $173 to $182.</p>


Upgrades

Scotiabank Upgrades Mid-America Apartment to Sector Outperform, Raises Price Target to $182

<p>JMP Securities  analyst Aaron Hecht   reiterates Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) with a Market Outperform and maintains $160 price target.</p>


Reiteration

JMP Securities Reiterates Market Outperform on Mid-America Apartment, Maintains $160 Price Target

<p>During the last three months, 11 analysts shared their evaluations of Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>), revealing diverse outlooks from bullish to bearish.</p>
<p>In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">8</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Analysts have set 12-month price targets for Mid-America Apartment, revealing an average target of $161.09, a high estimate of $173.00, and a low estimate of $152.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 1.14%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1739224843_0.png" alt="price target chart" /></p>
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
<p>The standing of Mid-America Apartment among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$159.00</td>
<td>$155.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$161.00</td>
<td>$158.00</td>
</tr>
<tr>
<td>James Feldman</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$164.00</td>
<td>$174.00</td>
</tr>
<tr>
<td>Richard Hightower</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$152.00</td>
<td>$166.00</td>
</tr>
<tr>
<td>Adam Kramer</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$168.00</td>
<td>$159.50</td>
</tr>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Announces</td>
<td>In-Line</td>
<td>$155.00</td>
<td>-</td>
</tr>
<tr>
<td>John Kim</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$155.00</td>
<td>$157.00</td>
</tr>
<tr>
<td>Aaron Hecht</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$160.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Vikram Malhotra</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$159.00</td>
<td>$163.00</td>
</tr>
<tr>
<td>Richard Hightower</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$166.00</td>
<td>-</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$173.00</td>
<td>$174.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Mid-America Apartment. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Mid-America Apartment compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts explore the dynamics of price targets, providing estimates for the future value of Mid-America Apartment's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
<p>For valuable insights into Mid-America Apartment's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/MAA/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Mid-America Apartment analyst ratings.</strong></a></p>
<h2>About Mid-America Apartment</h2>
<p>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.</p>
<h3>Financial Insights: Mid-America Apartment</h3>
<p><strong>Market Capitalization:</strong> Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.</p>
<p><strong>Revenue Growth:</strong> Mid-America Apartment's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately <strong>1.68%</strong>. This indicates 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.</p>
<p><strong>Net Margin:</strong> Mid-America Apartment's net margin excels beyond industry benchmarks, reaching <strong>20.72%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Mid-America Apartment's ROE excels beyond industry benchmarks, reaching <strong>1.9%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Mid-America Apartment's ROA excels beyond industry benchmarks, reaching <strong>0.98%</strong>. This signifies efficient management of assets and strong financial health.</p>
<p><strong>Debt Management:</strong> Mid-America Apartment's debt-to-equity ratio is below the industry average at <strong>0.82</strong>, reflecting a lower dependency on debt financing and a more conservative financial approach.</p>
<h2>Analyst Ratings: What Are They?</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</p>
<p>Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


The Analyst Verdict: Mid-America Apartment In The Eyes Of 11 Experts

<p>Evercore ISI Group  analyst Steve Sakwa   maintains Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) with a In-Line and raises the price target from $155 to $159.</p>


Evercore ISI Group Maintains In-Line on Mid-America Apartment, Raises Price Target to $159

<p>RBC Capital  analyst Brad Heffern   maintains Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) with a Sector Perform and raises the price target from $158 to $161.</p>


RBC Capital Maintains Sector Perform on Mid-America Apartment, Raises Price Target to $161

<p>The Q4 earnings report for <strong>Mid-America Apartment</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) was released on Wednesday, February 5, 2025 at 04:15 PM.</p>
<p>Here's what investors need to know about the latest announcement.</p>
<h3>Earnings</h3>
<p>Mid-America Apartment missed estimated earnings by -0.0%, reporting an EPS of $2.23 versus an estimate of $2.24.</p>
<p>Revenue was up $7.58 million from the same period last year.</p>
<h3>Historical Earnings Summary</h3>
<p>The company beat on EPS by $0.03 in the last quarter, resulting in a 1.0% drop share price change the following day.</p>
<p>Here's a look at Mid-America Apartment's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.18</td>
<td>2.20</td>
<td>2.22</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.21</td>
<td>2.22</td>
<td>2.22</td>
<td>2.32</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>549.38M</td>
<td>545.41M</td>
<td>542.72M</td>
<td>542.77M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>551.13M</td>
<td>546.43M</td>
<td>543.62M</td>
<td>542.25M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>Mid-America Apartment management provided guidance for Q1 2025, expecting earnings between $2.08 and $2.24 per share.</p>
<p>To track all earnings releases for Mid-America Apartment <a href="https://www.benzinga.com/quote/MAA/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Mid-America Apartment Earnings Report: Q4 Overview

<p>The Q4 earnings report for <strong>Mid-America Apartment</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) was released on Wednesday, February 5, 2025 at 04:15 PM.</p>
<p>Here's what investors need to know about the latest announcement.</p>
<h3>Earnings</h3>
<p>Mid-America Apartment missed estimated earnings by -0.0%, reporting an EPS of $2.23 versus an estimate of $2.24.</p>
<p>Revenue was up $7.58 million from the same period last year.</p>
<h3>Historical Earnings Summary</h3>
<p>During the previous quarter, the company beat on EPS by $0.03, leading to a 1.0% drop share price change the next day.</p>
<p>Here's a look at Mid-America Apartment's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.18</td>
<td>2.20</td>
<td>2.22</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.21</td>
<td>2.22</td>
<td>2.22</td>
<td>2.32</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>549.38M</td>
<td>545.41M</td>
<td>542.72M</td>
<td>542.77M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>551.13M</td>
<td>546.43M</td>
<td>543.62M</td>
<td>542.25M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>Mid-America Apartment management provided guidance for Q1 2025, expecting earnings between $2.08 and $2.24 per share.</p>
<p>To track all earnings releases for Mid-America Apartment <a href="https://www.benzinga.com/quote/MAA/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Insights into Mid-America Apartment Q4 Earnings

<p><strong>Mid-America Apartment</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) released its Q4 earnings on Wednesday, February 5, 2025 at 04:15 PM.</p>
<p>Here's what's important from the earnings announcement.</p>
<h3>Earnings</h3>
<p>Mid-America Apartment missed estimated earnings by -0.0%, reporting an EPS of $2.23 versus an estimate of $2.24.</p>
<p>Revenue was up $7.58 million from the same period last year.</p>
<h3>Previous Earnings Records</h3>
<p>Last quarter the company beat on EPS by $0.03 which was followed by a 1.0% drop in the share price the next day.</p>
<p>Here's a look at Mid-America Apartment's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.18</td>
<td>2.20</td>
<td>2.22</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.21</td>
<td>2.22</td>
<td>2.22</td>
<td>2.32</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>549.38M</td>
<td>545.41M</td>
<td>542.72M</td>
<td>542.77M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>551.13M</td>
<td>546.43M</td>
<td>543.62M</td>
<td>542.25M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>Mid-America Apartment management provided guidance for Q1 2025, expecting earnings between $2.08 and $2.24 per share.</p>
<p>To track all earnings releases for Mid-America Apartment <a href="https://www.benzinga.com/quote/MAA/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Mid-America Apartment: Q4 Earnings Insights

<p><strong>Mid-America Apartment</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) announced its Q4 earnings on Wednesday, February 5, 2025 at 04:15 PM.</p>
<p>Here's a breakdown of the earnings report.</p>
<h3>Earnings</h3>
<p>Mid-America Apartment missed estimated earnings by -0.0%, reporting an EPS of $2.23 versus an estimate of $2.24.</p>
<p>Revenue was up $7.58 million from the same period last year.</p>
<h3>Overview of Past Earnings</h3>
<p>During the previous quarter, the company beat on EPS by $0.03, leading to a 1.0% drop share price change the next day.</p>
<p>Here's a look at Mid-America Apartment's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.18</td>
<td>2.20</td>
<td>2.22</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.21</td>
<td>2.22</td>
<td>2.22</td>
<td>2.32</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>549.38M</td>
<td>545.41M</td>
<td>542.72M</td>
<td>542.77M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>551.13M</td>
<td>546.43M</td>
<td>543.62M</td>
<td>542.25M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>Mid-America Apartment management provided guidance for Q1 2025, expecting earnings between $2.08 and $2.24 per share.</p>
<p>To track all earnings releases for Mid-America Apartment <a href="https://www.benzinga.com/quote/MAA/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Mid-America Apartment Earnings Review: Q4 Summary

<p>The earnings results for <strong>Mid-America Apartment</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) for Q4 were made public on Wednesday, February 5, 2025 at 04:15 PM.</p>
<p>Here's a comprehensive overview of the announcement.</p>
<h3>Earnings</h3>
<p>Mid-America Apartment missed estimated earnings by -0.0%, reporting an EPS of $2.23 versus an estimate of $2.24.</p>
<p>Revenue was up $7.58 million from the same period last year.</p>
<h3>Analysis of Past Earnings</h3>
<p>The company beat on EPS by $0.03 in the previous quarter, leading to a 1.0% drop share price change the next day.</p>
<p>Here's a look at Mid-America Apartment's past performance:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q3 2024</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>2.18</td>
<td>2.20</td>
<td>2.22</td>
<td></td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>2.21</td>
<td>2.22</td>
<td>2.22</td>
<td>2.32</td>
</tr>
<tr>
<td><strong>Revenue Estimate</strong></td>
<td>549.38M</td>
<td>545.41M</td>
<td>542.72M</td>
<td>542.77M</td>
</tr>
<tr>
<td><strong>Revenue Actual</strong></td>
<td>551.13M</td>
<td>546.43M</td>
<td>543.62M</td>
<td>542.25M</td>
</tr>
</tbody>
</table>
</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Guidance</h3>
<p>Mid-America Apartment management provided guidance for Q1 2025, expecting earnings between $2.08 and $2.24 per share.</p>
<p>To track all earnings releases for Mid-America Apartment <a href="https://www.benzinga.com/quote/MAA/earnings">visit their earnings calendar here.</a> </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Earnings Breakdown: Mid-America Apartment Q4

Guidance

Mid-America Apartments Sees FY25 Core FFO $8.61-$8.93 Vs $8.87 Est.

<p>Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) reported quarterly earnings of $2.23 per share which missed the analyst consensus estimate of $2.24 by 0.45 percent. This is a 3.88 percent decrease over earnings of $2.32 per share from the same period last year.  The company reported quarterly sales of $549.832 million which missed the analyst consensus estimate of $551.784 million by 0.35 percent.  This is a 1.40 percent increase over sales of $542.247 million the same period last year.</p>


Earnings Misses

Mid-America Apartment Q4 2024 FFO $2.23 Misses $2.24 Estimate, Sales $549.832M Miss $551.784M Estimate

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Earnings Scheduled For February 5, 2025

<p>Wells Fargo  analyst James Feldman   maintains Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) with a Overweight and lowers the price target from $174 to $164.</p>


Wells Fargo Maintains Overweight on Mid-America Apartment, Lowers Price Target to $164

<p>Barclays  analyst Richard Hightower   maintains Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) with a Equal-Weight and lowers the price target from $166 to $152.</p>


Barclays Maintains Equal-Weight on Mid-America Apartment, Lowers Price Target to $152

<p>Morgan Stanley  analyst Adam Kramer   upgrades Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) from Equal-Weight to Overweight and raises the price target from $159.5 to $168.</p>


Morgan Stanley Upgrades Mid-America Apartment to Overweight, Raises Price Target to $168

<p>Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.</p>
<p>In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>In the assessment of 12-month price targets, analysts unveil insights for Mid-America Apartment, presenting an average target of $161.86, a high estimate of $173.00, and a low estimate of $155.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 1.66%. </p>
<p><img src="https://www.benzinga.com/files/images/story/2025/1737720022_0.png" alt="price target chart" /></p>
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
<p>A comprehensive examination of how financial experts perceive Mid-America Apartment is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Steve Sakwa</td>
<td>Evercore ISI Group</td>
<td>Announces</td>
<td>In-Line</td>
<td>$155.00</td>
<td>-</td>
</tr>
<tr>
<td>John Kim</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$155.00</td>
<td>$157.00</td>
</tr>
<tr>
<td>Aaron Hecht</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$160.00</td>
<td>$160.00</td>
</tr>
<tr>
<td>Vikram Malhotra</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$159.00</td>
<td>$163.00</td>
</tr>
<tr>
<td>Richard Hightower</td>
<td>Barclays</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$166.00</td>
<td>-</td>
</tr>
<tr>
<td>Nicholas Yulico</td>
<td>Scotiabank</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$173.00</td>
<td>$174.00</td>
</tr>
<tr>
<td>Brad Heffern</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Sector Perform</td>
<td>$165.00</td>
<td>$169.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Mid-America Apartment. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Mid-America Apartment compared to the broader market.</li>
<li><strong>Price Targets:</strong> Understanding forecasts, analysts offer estimates for Mid-America Apartment's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
<p>For valuable insights into Mid-America Apartment's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/MAA/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Mid-America Apartment analyst ratings.</strong></a></p>
<h2>Get to Know Mid-America Apartment Better</h2>
<p>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.</p>
<h3>Financial Milestones: Mid-America Apartment's Journey</h3>
<p><strong>Market Capitalization Analysis:</strong> With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.</p>
<p><strong>Revenue Growth:</strong> Mid-America Apartment's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately <strong>1.68%</strong>. This indicates 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.</p>
<p><strong>Net Margin:</strong> Mid-America Apartment's net margin excels beyond industry benchmarks, reaching <strong>20.72%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Mid-America Apartment's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.9%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Mid-America Apartment's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>0.98%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> Mid-America Apartment's debt-to-equity ratio is below the industry average. With a ratio of <b>0.82</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


7 Analysts Have This To Say About Mid-America Apartment

<p>Evercore ISI Group  analyst Steve Sakwa   initiates coverage on Mid-America Apartment (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAA#NYSE">MAA</a>) with a In-Line rating and announces Price Target of $155.</p>


Evercore ISI Group Initiates Coverage On Mid-America Apartment with In-Line Rating, Announces Price Target of $155

Press Releases

MAA Announces Date of Third Quarter 2024 Earnings Release, Conference Call

MAA Announces Minor Damage from Hurricanes Helene and Milton

MAA REPORTS THIRD QUARTER 2024 RESULTS

MAA Announces Regular Quarterly Preferred Dividend

MAA ANNOUNCES CEO SUCCESSION PLAN

MAA Announces Increase to Quarterly Common Dividend

MAA Announces Pricing of Senior Unsecured Notes Offering

MAA Announces Date of Fourth Quarter and Full-Year 2024 Earnings Release, Conference Call

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