Goldman Sachs expects Nvidia ’beat and raise,’ lifts price target to $240
Mid-America Apartment Communities Inc (MAA) stock has reached a 52-week low, closing at $131.13. Despite the significant decline of 13.02% over the past year, the $15.76 billion REIT maintains a solid 4.57% dividend yield and has consistently paid dividends for 32 consecutive years. According to InvestingPro analysis, the company maintains a GOOD financial health score, though it currently trades above its Fair Value. The drop to this new low reflects broader challenges within the real estate investment trust sector, as investors navigate economic uncertainties and market fluctuations. The company’s performance over the last year underscores the volatility faced by real estate stocks, with Mid-America Apartment Communities trading at a P/E ratio of 27.11. InvestingPro subscribers can access 6 additional key insights and a comprehensive Research Report that provides deeper analysis of MAA’s market position and future prospects.
In other recent news, Mid-America Apartment Communities announced its second-quarter 2025 results, reporting Core Funds From Operations (FFO) of $2.15 per share. This result was slightly below Citizens JMP analyst’s estimate of $2.16 but exceeded the consensus forecast of $2.14 and management’s projection of $2.13. Cantor Fitzgerald initiated coverage of Mid-America Apartment Communities with a Neutral rating and a $150.00 price target. Meanwhile, Truist Securities lowered its price target for the company to $158.00 from $171.00, maintaining a Buy rating based on a more conservative same-store growth forecast. The company declared a quarterly dividend of $1.5150 per share, marking its 127th consecutive payout. Additionally, a quarterly preferred dividend of $1.0625 per share will be paid on its 8.50% Series I Cumulative Redeemable Preferred Stock. Citizens JMP analyst reiterated a Market Outperform rating with a $170.00 price target following the company’s earnings announcement. These developments provide investors with key insights into the company’s recent performance and analyst perspectives.
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