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 $169.17 (represents a 10.03% upside from MAA’s last price of $153.75) and a rating consensus of 'Hold', 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 $169.17 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 $160.00. This represents a potential 10.03% upside from MAA's last price of $153.75.
MAA Analyst Ratings
According to 13 Wall Street analysts, Mid-America Apartment Communities's rating consensus is 'Hold'. The analyst rating breakdown for MAA stock is 1 'Strong Buy' (7.69%), 5 'Buy' (38.46%), 7 'Hold' (53.85%), 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 |
|---|---|---|---|---|---|---|
| Oct 21, 2024 | Strong Buy | Raymond James | $175.00 | $154.59 | 13.20% | 13.82% |
| Oct 17, 2024 | Michael Gorman | BTIG | $160.00 | $152.69 | 4.79% | 4.07% |
| Sep 10, 2024 | Omotayo Okusanya | Deutsche Bank | $163.00 | $160.30 | 1.68% | 6.02% |
| Aug 26, 2024 | Michael Lewis | Truist Financial | $167.00 | $156.66 | 6.60% | 8.62% |
| Aug 26, 2024 | Nicholas Yulico | Scotiabank | $161.00 | $156.66 | 2.77% | 4.72% |
| Aug 12, 2024 | Joshua Dennerlein | Bank of America Securities | $189.00 | $153.07 | 23.47% | 22.93% |
| May 19, 2022 | Nicholas Yulico | Scotiabank | $226.00 | $172.53 | 30.99% | 46.99% |
| Apr 29, 2022 | RBC Capital | $222.00 | $206.13 | 7.70% | 44.39% | |
| Nov 02, 2021 | Buck Horne | Raymond James | $225.00 | $202.42 | 11.16% | 46.34% |
| Oct 29, 2021 | Alexander Goldfarb | Piper Sandler | $235.00 | $203.18 | 15.66% | 52.85% |
| Sep 23, 2021 | Chandni Luthra | Goldman Sachs | $202.00 | $189.27 | 6.73% | 31.38% |
| Jul 15, 2021 | Jonathan Petersen | Jefferies | $205.00 | $181.68 | 12.84% | 33.33% |
The latest Mid-America Apartment Communities stock forecast, released on Oct 21, 2024 by Strong Buy from Raymond James, set a price target of $175.00, which represents a 13.20% increase from the stock price at the time of the forecast ($154.59), and a 13.82% increase from MAA last price ($153.75).
Mid-America Apartment Communities Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 6 |
| Avg Price Target | - | $167.50 | $169.17 |
| Last Closing Price | $153.75 | $153.75 | $153.75 |
| Upside/Downside | -100.00% | 8.94% | 10.03% |
In the current month, the average price target of Mid-America Apartment Communities stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Mid-America Apartment Communities's last price of $153.75. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 | Wedbush | Underperform | Underperform | Hold |
| Jun 24, 2024 | Wells Fargo | Sector Perform | Sector Perform | 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 Raymond James on Oct 21, 2024. The company Upgrade its MAA rating from "null" to "Strong Buy".
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 | $594.29M | $589.16M | $579.80M | $571.70M | $564.07M | $561.79M | $557.11M | $553.29M | $551.70M | $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 | $601.51M | $596.32M | $586.84M | $578.64M | $570.92M | $568.61M | $563.87M | $559.92M | $557.30M | $548.74M | $545.17M | $541.23M | $547.96M | $543.76M | $540.85M | $534.77M | $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 | $587.31M | $582.24M | $572.99M | $564.98M | $557.44M | $555.19M | $550.56M | $547.44M | $545.47M | $548.32M | $545.17M | $540.49M | $536.68M | $535.23M | $528.08M | $522.15M | $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 | 10 | 9 | 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 | 10 | 9 | 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 | $238.10M | $236.05M | $232.30M | $229.05M | $226.00M | $225.08M | $223.21M | $221.68M | $221.04M | $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 | $241.00M | $238.92M | $235.12M | $231.83M | $228.74M | $227.82M | $225.92M | $224.33M | $223.28M | $219.86M | $218.42M | $216.85M | $219.54M | $217.86M | $216.69M | $214.26M | $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 | $235.31M | $233.28M | $229.57M | $226.36M | $223.34M | $222.44M | $220.58M | $219.33M | $218.55M | $219.69M | $218.42M | $216.55M | $215.02M | $214.44M | $211.58M | $209.20M | $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 | 10 | 9 | 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 | $137.12M | $127.03M | $124.25M | $120.47M | $121.51M | $114.19M | $115.64M | $115.34M | $118.71M | $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 | $139.28M | $129.04M | $126.22M | $122.37M | $123.43M | $115.99M | $117.46M | $116.90M | $120.84M | $120.54M | $117.75M | $120.72M | $126.63M | $148.41M | $139.04M | $140.25M | $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 | $135.02M | $125.09M | $122.36M | $118.63M | $119.66M | $112.45M | $113.87M | $114.29M | $117.66M | $116.05M | $117.73M | $119.18M | $124.45M | $127.90M | $138.56M | $135.96M | $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 | 10 | 9 | 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 | $32.16M | $31.89M | $31.38M | $30.94M | $30.53M | $30.41M | $30.15M | $29.94M | $29.86M | $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 | $32.55M | $32.27M | $31.76M | $31.32M | $30.90M | $30.77M | $30.52M | $30.30M | $30.16M | $29.70M | $29.51M | $29.29M | $29.66M | $29.43M | $29.27M | $28.94M | $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 | $31.79M | $31.51M | $31.01M | $30.58M | $30.17M | $30.05M | $29.80M | $29.63M | $29.52M | $29.68M | $29.51M | $29.25M | $29.05M | $28.97M | $28.58M | $28.26M | $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 | 10 | 9 | 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 | $1.17 | $1.09 | $1.06 | $1.03 | $1.04 | $0.98 | $0.99 | $0.99 | $1.02 | $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 | $1.19 | $1.10 | $1.08 | $1.05 | $1.06 | $0.99 | $1.01 | $1.00 | $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 | $1.16 | $1.07 | $1.05 | $1.02 | $1.02 | $0.96 | $0.97 | $0.98 | $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 | $42.34 | $48.00 | 13.37% | Buy |
| ESS | Essex Property Trust | $286.79 | $322.00 | 12.28% | Buy |
| EQR | Equity Residential | $72.22 | $80.61 | 11.62% | Buy |
| CPT | Camden Property Trust | $116.43 | $127.56 | 9.56% | Hold |
| MAA | Mid-America Apartment Communities | $154.76 | $169.17 | 9.31% | Hold |
| AVB | AvalonBay Communities | $223.28 | $242.60 | 8.65% | Buy |
| UDR | UDR | $43.62 | $44.40 | 1.79% | Buy |