Mid-America Apartment Communities (MAA) Stock Forecast, Price Target & Predictions
MAA Stock Forecast
Mid-America Apartment Communities stock forecast is as follows: an average price target of $167.57 (represents a 12.80% upside from MAA’s last price of $148.56) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
MAA Price Target
The average price target for Mid-America Apartment Communities (MAA) is $167.57 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $189.00 to $158.00. This represents a potential 12.80% upside from MAA's last price of $148.56.
MAA Analyst Ratings
According to 13 Wall Street analysts, Mid-America Apartment Communities's rating consensus is 'Buy'. The analyst rating breakdown for MAA stock is 1 'Strong Buy' (7.69%), 6 'Buy' (46.15%), 6 'Hold' (46.15%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Mid-America Apartment Communities Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jan 09, 2025 | Brad Heffern | RBC Capital | $158.00 | $148.26 | 6.57% | 6.35% |
| Oct 21, 2024 | Strong Buy | Raymond James | $175.00 | $154.59 | 13.20% | 17.80% |
| Oct 17, 2024 | Michael Gorman | BTIG | $160.00 | $152.69 | 4.79% | 7.70% |
| Sep 10, 2024 | Omotayo Okusanya | Deutsche Bank | $163.00 | $160.30 | 1.68% | 9.72% |
| Aug 26, 2024 | Michael Lewis | Truist Financial | $167.00 | $156.66 | 6.60% | 12.41% |
| Aug 26, 2024 | Nicholas Yulico | Scotiabank | $161.00 | $156.66 | 2.77% | 8.37% |
| Aug 12, 2024 | Joshua Dennerlein | Bank of America Securities | $189.00 | $153.07 | 23.47% | 27.22% |
| May 19, 2022 | Nicholas Yulico | Scotiabank | $226.00 | $172.53 | 30.99% | 52.13% |
| Apr 29, 2022 | RBC Capital | $222.00 | $206.13 | 7.70% | 49.43% | |
| Nov 02, 2021 | Buck Horne | Raymond James | $225.00 | $202.42 | 11.16% | 51.45% |
| Oct 29, 2021 | Alexander Goldfarb | Piper Sandler | $235.00 | $203.18 | 15.66% | 58.19% |
| Sep 23, 2021 | Chandni Luthra | Goldman Sachs | $202.00 | $189.27 | 6.73% | 35.97% |
| Jul 15, 2021 | Jonathan Petersen | Jefferies | $205.00 | $181.68 | 12.84% | 37.99% |
The latest Mid-America Apartment Communities stock forecast, released on Jan 09, 2025 by Brad Heffern from RBC Capital, set a price target of $158.00, which represents a 6.57% increase from the stock price at the time of the forecast ($148.26), and a 6.35% increase from MAA last price ($148.56).
Mid-America Apartment Communities Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 7 |
| Avg Price Target | $158.00 | $158.00 | $167.57 |
| Last Closing Price | $148.56 | $148.56 | $148.56 |
| Upside/Downside | 6.35% | 6.35% | 12.80% |
In the current month, the average price target of Mid-America Apartment Communities stock is $158.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 6.35% increase as opposed to Mid-America Apartment Communities's last price of $148.56. This month's average price target is down 0.00% compared to last quarter, and down -5.71% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jan 24, 2025 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Jan 09, 2025 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Oct 21, 2024 | Raymond James | Strong Buy | Upgrade | |
| Oct 17, 2024 | BTIG | Buy | Buy | Hold |
| Oct 01, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Sep 16, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Sep 11, 2024 | Exane BNP Paribas | Neutral | Initialise | |
| Sep 10, 2024 | Deutsche Bank | Hold | Hold | Hold |
| Sep 05, 2024 | Zelman | Underperform | Initialise | |
| Sep 04, 2024 | Goldman Sachs | Buy | Initialise | |
| Aug 26, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 26, 2024 | Wells Fargo | Sector Perform | Overweight | Upgrade |
| Aug 07, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Jun 24, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| Jun 24, 2024 | Wedbush | Underperform | Underperform | Hold |
| Jun 13, 2024 | Janney Montgomery | Buy | Upgrade | |
| May 31, 2024 | Wells Fargo | Sector Perform | Sector Perform | Hold |
| May 31, 2024 | Wedbush | Underperform | Underperform | Hold |
| May 15, 2024 | UBS | Underperform | Underperform | Hold |
| May 14, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| May 14, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| May 06, 2024 | Wedbush | Sector Perform | Outperform | Upgrade |
| Apr 29, 2024 | Wedbush | Sector Perform | Sector Perform | Hold |
| Apr 29, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Feb 09, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Feb 09, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Jan 09, 2023 | Credit Suisse | Neutral | Downgrade | |
| Jul 29, 2022 | JMP Securities | Market Outperform | Upgrade | |
| Apr 29, 2022 | RBC Capital | Sector Perform | Sector Perform | Hold |
Mid-America Apartment Communities's last stock rating was published by Morgan Stanley on Jan 24, 2025. The company Upgrade its MAA rating from "Equal-Weight" to "Overweight".
Mid-America Apartment Communities Financial Forecast
Mid-America Apartment Communities Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $542.25M | - | $535.15M | $529.03M | $527.97M | $520.78M | $495.04M | $476.08M | $463.57M | $452.57M | $436.93M | $425.00M | $423.66M | $423.20M | $413.03M | $418.10M | $416.82M | $415.63M |
| Avg Forecast | $591.21M | $586.96M | $578.02M | $570.75M | $564.35M | $562.82M | $556.97M | $553.05M | $551.59M | $548.53M | $545.17M | $540.86M | $542.64M | $540.02M | $534.36M | $528.35M | $530.18M | $507.80M | $489.18M | $473.92M | $460.74M | $446.26M | $429.28M | $423.52M | $422.90M | $414.62M | $413.23M | $417.66M | $416.92M | $411.18M |
| High Forecast | $599.06M | $594.76M | $585.69M | $578.33M | $571.85M | $570.29M | $564.36M | $557.34M | $557.60M | $548.74M | $545.17M | $541.23M | $547.96M | $543.76M | $541.46M | $535.37M | $536.62M | $507.80M | $489.18M | $473.92M | $460.74M | $446.26M | $429.28M | $423.52M | $422.90M | $414.62M | $413.23M | $417.66M | $416.92M | $411.18M |
| Low Forecast | $584.11M | $579.91M | $571.08M | $563.90M | $557.58M | $556.06M | $550.28M | $547.60M | $545.77M | $548.32M | $545.17M | $540.49M | $536.68M | $535.23M | $527.95M | $522.01M | $523.96M | $507.80M | $489.18M | $473.92M | $460.74M | $446.26M | $429.28M | $423.52M | $422.90M | $414.62M | $413.23M | $417.66M | $416.92M | $411.18M |
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 9 | 10 | 14 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 | 13 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.00% | 1.00% | 1.00% | 1.03% | 1.01% | 1.00% | 1.01% | 1.01% | 1.02% | 1.00% | 1.00% | 1.02% | 1.00% | 1.00% | 1.00% | 1.01% |
Mid-America Apartment Communities's average Quarter revenue forecast for Mar 24 based on 9 analysts is $540.86M, with a low forecast of $540.49M, and a high forecast of $541.23M. MAA's average Quarter revenue forecast represents a -0.26% decrease compared to the company's last Quarter revenue of $542.25M (Dec 23).
Mid-America Apartment Communities EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 9 | 10 | 14 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 | 13 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $344.97M | - | $188.86M | $177.34M | $153.31M | $162.31M | $119.68M | $150.85M | $368.28M | $261.28M | $389.48M | $219.68M | $254.83M | $229.42M | $245.83M | $207.45M | $319.75M | $249.59M |
| Avg Forecast | $236.87M | $235.17M | $231.58M | $228.67M | $226.11M | $225.49M | $223.15M | $221.58M | $221.00M | $219.77M | $218.42M | $216.70M | $217.41M | $216.36M | $214.09M | $211.69M | $304.31M | $173.11M | $166.76M | $17.17M | $157.06M | $152.13M | $146.34M | $292.91M | $144.17M | $141.34M | $140.87M | $275.32M | $142.12M | $140.17M |
| High Forecast | $240.02M | $238.29M | $234.66M | $231.71M | $229.11M | $228.49M | $226.11M | $223.30M | $223.41M | $219.86M | $218.42M | $216.85M | $219.54M | $217.86M | $216.94M | $214.50M | $365.17M | $173.11M | $166.76M | $20.60M | $157.06M | $152.13M | $146.34M | $351.49M | $144.17M | $141.34M | $140.87M | $330.38M | $142.12M | $140.17M |
| Low Forecast | $234.03M | $232.34M | $228.80M | $225.93M | $223.40M | $222.79M | $220.47M | $219.40M | $218.67M | $219.69M | $218.42M | $216.55M | $215.02M | $214.44M | $211.52M | $209.15M | $243.44M | $173.11M | $166.76M | $13.73M | $157.06M | $152.13M | $146.34M | $234.33M | $144.17M | $141.34M | $140.87M | $220.25M | $142.12M | $140.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.59% | - | 0.88% | 0.84% | 0.50% | 0.94% | 0.72% | 8.79% | 2.34% | 1.72% | 2.66% | 0.75% | 1.77% | 1.62% | 1.75% | 0.75% | 2.25% | 1.78% |
9 analysts predict MAA's average Quarter EBITDA for Mar 24 to be $216.70M, with a high of $216.85M and a low of $216.55M. This is -37.18% lower than Mid-America Apartment Communities's previous annual EBITDA (Dec 23) of $344.97M.
Mid-America Apartment Communities Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 9 | 10 | 14 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 | 13 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $166.65M | - | $145.69M | $135.91M | $193.62M | $122.31M | $210.70M | $110.80M | $190.62M | $84.48M | $216.48M | $47.19M | $83.34M | $59.91M | $75.06M | $36.65M | $149.59M | $78.64M |
| Avg Forecast | $133.54M | $125.33M | $122.43M | $118.69M | $120.64M | $113.75M | $114.18M | $113.59M | $118.48M | $118.30M | $117.74M | $119.95M | $125.54M | $135.14M | $138.80M | $138.07M | $153.39M | $129.40M | $127.06M | $95.57M | $95.57M | $74.74M | $64.23M | $62.92M | $68.32M | $65.20M | $65.87M | $48.64M | $84.86M | $65.40M |
| High Forecast | $135.85M | $127.49M | $124.55M | $120.74M | $122.72M | $115.72M | $116.15M | $115.65M | $120.60M | $120.54M | $117.75M | $120.72M | $126.63M | $148.41M | $139.04M | $140.45M | $184.07M | $129.40M | $130.95M | $114.69M | $95.57M | $74.74M | $64.23M | $75.51M | $68.32M | $65.20M | $65.87M | $58.36M | $84.86M | $65.40M |
| Low Forecast | $131.46M | $123.37M | $120.52M | $116.84M | $118.76M | $111.98M | $112.40M | $112.04M | $117.42M | $116.05M | $117.73M | $119.18M | $124.45M | $127.90M | $138.56M | $135.91M | $122.72M | $129.40M | $123.17M | $76.46M | $95.57M | $74.74M | $64.23M | $50.34M | $68.32M | $65.20M | $65.87M | $38.91M | $84.86M | $65.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.33% | - | 1.05% | 0.98% | 1.26% | 0.95% | 1.66% | 1.16% | 1.99% | 1.13% | 3.37% | 0.75% | 1.22% | 0.92% | 1.14% | 0.75% | 1.76% | 1.20% |
Mid-America Apartment Communities's average Quarter net income forecast for Mar 24 is $119.95M, with a range of $119.18M to $120.72M. MAA's average Quarter net income forecast represents a -28.02% decrease compared to the company's last Quarter net income of $166.65M (Dec 23).
Mid-America Apartment Communities SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 9 | 10 | 14 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 | 13 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $15.25M | - | $29.97M | $33.85M | $31.78M | $28.45M | $31.21M | $32.86M | $29.33M | $26.50M | $26.87M | $25.92M | $24.91M | $24.05M | $22.29M | $27.91M | $24.70M | $25.38M |
| Avg Forecast | $32.00M | $31.77M | $31.28M | $30.89M | $30.54M | $30.46M | $30.14M | $29.93M | $29.85M | $29.69M | $29.51M | $29.27M | $29.37M | $29.23M | $28.92M | $28.60M | $24.24M | $30.69M | $29.56M | $13.74M | $27.84M | $26.97M | $25.94M | $34.56M | $25.56M | $25.06M | $24.97M | $37.04M | $25.19M | $24.85M |
| High Forecast | $32.42M | $32.19M | $31.70M | $31.30M | $30.95M | $30.87M | $30.54M | $30.16M | $30.18M | $29.70M | $29.51M | $29.29M | $29.66M | $29.43M | $29.30M | $28.98M | $29.08M | $30.69M | $29.56M | $16.48M | $27.84M | $26.97M | $25.94M | $41.47M | $25.56M | $25.06M | $24.97M | $44.44M | $25.19M | $24.85M |
| Low Forecast | $31.61M | $31.39M | $30.91M | $30.52M | $30.18M | $30.09M | $29.78M | $29.64M | $29.54M | $29.68M | $29.51M | $29.25M | $29.05M | $28.97M | $28.57M | $28.25M | $19.39M | $30.69M | $29.56M | $10.99M | $27.84M | $26.97M | $25.94M | $27.65M | $25.56M | $25.06M | $24.97M | $29.63M | $25.19M | $24.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.52% | - | 1.04% | 1.18% | 1.31% | 0.93% | 1.06% | 2.39% | 1.05% | 0.98% | 1.04% | 0.75% | 0.97% | 0.96% | 0.89% | 0.75% | 0.98% | 1.02% |
Mid-America Apartment Communities's average Quarter SG&A projection for Mar 24 is $29.27M, based on 9 Wall Street analysts, with a range of $29.25M to $29.29M. The forecast indicates a 91.96% rise compared to MAA last annual SG&A of $15.25M (Dec 23).
Mid-America Apartment Communities EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 13 | 7 | 9 | 9 | 10 | 14 | 13 | 7 | 6 | 6 | 8 | 6 | 7 | 11 | 7 | 13 | 13 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $1.43 | - | $1.24 | $1.16 | $1.67 | $1.05 | $1.82 | $0.95 | $1.66 | $0.74 | $1.89 | $0.41 | $0.73 | $0.52 | $0.66 | $0.32 | $1.31 | $0.69 |
| Avg Forecast | $1.14 | $1.07 | $1.05 | $1.02 | $1.03 | $0.97 | $0.98 | $0.97 | $1.01 | $1.01 | $1.01 | $1.03 | $1.07 | $1.16 | $1.19 | $1.18 | $1.28 | $1.11 | $1.09 | $0.82 | $0.82 | $0.64 | $0.55 | $0.60 | $0.58 | $0.56 | $0.56 | $0.62 | $0.73 | $0.56 |
| High Forecast | $1.16 | $1.09 | $1.07 | $1.03 | $1.05 | $0.99 | $0.99 | $0.99 | $1.03 | $1.03 | $1.01 | $1.03 | $1.08 | $1.27 | $1.19 | $1.20 | $1.30 | $1.11 | $1.12 | $0.82 | $0.82 | $0.64 | $0.55 | $0.60 | $0.58 | $0.56 | $0.56 | $0.62 | $0.73 | $0.56 |
| Low Forecast | $1.13 | $1.06 | $1.03 | $1.00 | $1.02 | $0.96 | $0.96 | $0.96 | $1.01 | $0.99 | $1.01 | $1.02 | $1.07 | $1.09 | $1.19 | $1.16 | $1.26 | $1.11 | $1.05 | $0.82 | $0.82 | $0.64 | $0.55 | $0.60 | $0.58 | $0.56 | $0.56 | $0.62 | $0.73 | $0.56 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.33% | - | 1.04% | 0.98% | 1.31% | 0.95% | 1.67% | 1.16% | 2.03% | 1.16% | 3.44% | 0.69% | 1.25% | 0.93% | 1.17% | 0.51% | 1.80% | 1.23% |
According to 9 Wall Street analysts, Mid-America Apartment Communities's projected average Quarter EPS for Mar 24 is $1.03, with a low estimate of $1.02 and a high estimate of $1.03. This represents a -28.19% decrease compared to MAA previous annual EPS of $1.43 (Dec 23).
Mid-America Apartment Communities Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NXRT | NexPoint Residential Trust | $38.78 | $48.00 | 23.78% | Buy |
| EQR | Equity Residential | $68.48 | $80.45 | 17.48% | Buy |
| ESS | Essex Property Trust | $276.62 | $316.67 | 14.48% | Buy |
| CPT | Camden Property Trust | $110.58 | $126.50 | 14.40% | Hold |
| MAA | Mid-America Apartment Communities | $148.56 | $167.57 | 12.80% | Buy |
| AVB | AvalonBay Communities | $214.95 | $239.43 | 11.39% | Buy |
| UDR | UDR | $40.79 | $44.25 | 8.48% | Buy |