Colliers Securities analyst David Toti reiterated a Hold rating on Mid-America Apartment (NYSE:MAA) Communities on Thursday, setting a price target of $201, which is approximately 7.09% above the present share price of $187.69.
Toti expects Mid-America Apartment Communities to post earnings per share (EPS) of $0.00 for the third 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 $193.17.
The analysts price targets range from a high of $205 to a low of $178.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $425.01 million and a net profit of $105.12 million. The company's market cap is $21.49 billion.
According to TipRanks.com, Colliers Securities analyst David Toti is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.6% and a 70.59% 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.