Recently, several financial entities have adjusted their stances on Mid-America Apartment Communities (MAA). Barclays revised its price target for MAA from $160 to $172, maintaining an equal weight rating. Similarly, Evercore ISI tweaked its price target to $159 from $152, retaining an In-Line rating, while Deutsche Bank adjusted its price target to $168 from $152 and withheld a Hold Rating.
MAA posted strong Q1 2025 earnings, beating estimates and reporting a Net Income of US$182 Million. Additionally, the company saw an increase in Occupancy. Despite these positive outcomes, multiple organizations have sold significant number of shares, including Balyasny Asset Management, which sold 282,582 shares, and AQR Capital Management.
MAA has consistently shown growth of income, however, some have advised caution due to new deliveries. MAA also announced a CEO Succession plan while recognizing its 20-plus years under CEO Eric Bolton. Furthermore, a few executives have cashed in on stock sales.
Analysts hold mixed opinions on MAA. While some view it as a strong buy for long-term investors, others speculate if a recently announced 3.1% dividend hike is sustainable.
Mid-America Apartment Communities MAA News Analytics from Wed, 31 Jul 2024 07:00:00 GMT to Sat, 10 May 2025 09:34:53 GMT - Rating 5 - Innovation 0 - Information 8 - Rumor -2
