Beyond The Numbers: 8 Analysts Discuss Mid-America Apartment Stock

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Mid-America Apartment MAA has been analyzed by 8 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 0 7 0 0
Last 30D 0 0 1 0 0
1M Ago 1 0 1 0 0
2M Ago 0 0 3 0 0
3M Ago 0 0 2 0 0

Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $135.19, a high estimate of $149.00, and a low estimate of $124.00. Witnessing a positive shift, the current average has risen by 2.73% from the previous average price target of $131.60.

Interpreting Analyst Ratings: A Closer Look

A clear picture of Mid-America Apartment's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below 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
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 -
Nicholas Yulico Scotiabank Raises Sector Perform $147.00 $133.00
Vikram Malhotra Mizuho Raises Neutral $132.00 $124.00
Linda Tsai Jefferies Lowers Hold $136.00 $140.00
Adam Kramer Morgan Stanley Announces Equal-Weight $128.00 -
Vikram Malhotra Mizuho Lowers Neutral $124.00 $133.00

Key Insights:

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  • 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: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Mid-America Apartment compared to the broader market.
  • Price Targets: Delving into movements, analysts provide estimates for the future value of Mid-America Apartment's stock. This analysis reveals shifts in analysts' expectations over time.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Mid-America Apartment's market position. Stay informed and make well-informed decisions with our Ratings Table.

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

Delving into Mid-America Apartment's Background

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 Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Revenue Growth: Over the 3 months period, Mid-America Apartment showcased positive performance, achieving a revenue growth rate of 2.71% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.

Net Margin: Mid-America Apartment's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 29.41% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Mid-America Apartment's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.6%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Mid-America Apartment's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.4% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.75.

The Core of Analyst Ratings: What Every Investor Should Know

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.

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.

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

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