RBC Capital analyst Brad Heffern maintained a Hold rating on Mid-America Apartment (NYSE:MAA) Communities on Tuesday, setting a price target of $146, which is approximately 0.89% below the present share price of $147.31.
Heffern expects Mid-America Apartment Communities to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Mid-America Apartment, with an average price target of $144.
The analysts price targets range from a high of $151 to a low of $138.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $423.66 million and a net profit of $109.15 million. The company's market cap is $16.85 billion.
According to TipRanks.com, RBC Capital analyst Brad Heffern is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.2% and a 51.79% 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.