The Analyst Landscape: 13 Takes On Mid-America Apartment

During the last three months, 13 analysts shared their evaluations of Mid-America Apartment MAA, revealing diverse outlooks from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $169.08, with a high estimate of $189.00 and a low estimate of $148.00. Observing a 15.02% increase, the current average has risen from the previous average price target of $147.00.

Diving into Analyst Ratings: An In-Depth Exploration

In examining recent analyst actions, we gain insights into how financial experts perceive Mid-America Apartment. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

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: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Mid-America Apartment compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Mid-America Apartment's future value. Examining the current and prior targets offers insights into analysts' evolving 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.

Key Indicators: Mid-America Apartment's Financial Health

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Revenue Growth: Over the 3 months period, Mid-America Apartment showcased positive performance, achieving a revenue growth rate of 2.11% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Real Estate sector.

Net Margin: Mid-America Apartment's net margin excels beyond industry benchmarks, reaching 18.48%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Mid-America Apartment's ROE excels beyond industry benchmarks, reaching 1.67%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Mid-America Apartment's ROA stands out, surpassing industry averages. With an impressive ROA of 0.88%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Mid-America Apartment's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.78.

The Basics of Analyst Ratings

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

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.

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