BMO Capital analyst John Kim maintained a Buy rating on Mid-America Apartment (NYSE:MAA) Communities on Thursday, setting a price target of $140, which is approximately 3.26% above the present share price of $135.58.
Kim expects Mid-America Apartment Communities to post earnings per share (EPS) of $0.52 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Mid-America Apartment, with an average price target of $134.5.
The analysts price targets range from a high of $145 to a low of $125.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $423.2 million and a net profit of $101.66 million. The company's market cap is $15.51 billion.
According to TipRanks.com, BMO Capital analyst John Kim is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.8% and a 54.52% success rate.
Mid-America Apartment Communities, Inc. is a real estate investment trust. The firm engages in the operation, acquisition and development of apartment communities. It operates through the following segments: Same Store Communities and Non-Same Store and Other. The Same Store Communities segment focuses on communities that the company has owned. The Non-Same Store and Other segment include recent acquisitions, communities in development or lease-up. The company was founded in 1994 and is headquartered in Memphis, TN.