Cracking The Code: Understanding Analyst Reviews For Mid-America Apartment
Ratings for Mid-America Apartment (NYSE:MAA) were provided by 11 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 1 | 7 | 0 | 1 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 3 | 0 | 1 |
| 2M Ago | 1 | 0 | 1 | 0 | 0 |
| 3M Ago | 1 | 0 | 2 | 0 | 0 |
Analysts have set 12-month price targets for Mid-America Apartment, revealing an average target of $141.41, a high estimate of $154.00, and a low estimate of $130.00. Marking an increase of 2.52%, the current average surpasses the previous average price target of $137.94.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Mid-America Apartment among financial experts is revealed through an in-depth exploration 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 |
|---|---|---|---|---|---|
| James Feldman | Wells Fargo | Raises | Equal-Weight | $138.00 | $129.00 |
| Vikram Malhotra | Mizuho | Raises | Neutral | $130.00 | $126.00 |
| Adam Kramer | Morgan Stanley | Raises | Equal-Weight | $138.50 | $129.50 |
| Nicholas Yulico | Scotiabank | Raises | Sector Perform | $144.00 | $139.00 |
| Michael Goldsmith | UBS | Raises | Sell | $131.00 | $126.00 |
| Richard Anderson | Wedbush | Raises | Outperform | $154.00 | $135.00 |
| 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 |
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: 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: Gaining insights, analysts provide estimates for the future value of Mid-America Apartment's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Mid-America Apartment's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Mid-America Apartment analyst ratings.
Discovering Mid-America Apartment: A Closer Look
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: Delving into Financials
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: Mid-America Apartment displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 2.76%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Mid-America Apartment's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 26.27%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Mid-America Apartment's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.34% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Mid-America Apartment's ROA excels beyond industry benchmarks, reaching 1.24%. This signifies efficient management of assets and strong financial health.
Debt Management: Mid-America Apartment's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.76.
Understanding the Relevance of Analyst Ratings
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 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.