Research Analysts Offer Predictions for AVB FY2025 Earnings

AvalonBay Communities, Inc. (NYSE:AVB) – Analysts at Wedbush lowered their FY2025 earnings per share estimates for AvalonBay Communities in a research report issued to clients and investors on Monday, February 10th. Wedbush analyst R. Anderson now expects that the real estate investment trust will post earnings per share of $11.42 for the year, down from their previous estimate of $11.75. The consensus estimate for AvalonBay Communities’ current full-year earnings is $11.53 per share.

AvalonBay Communities (NYSE:AVB) last released its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $2.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.03). AvalonBay Communities had a return on equity of 9.15% and a net margin of 37.13%.

Several other research analysts also recently issued reports on the stock. Royal Bank of Canada raised their price objective on shares of AvalonBay Communities from $226.00 to $229.00 and gave the stock a “sector perform” rating in a research report on Friday, February 7th. JPMorgan Chase & Co. raised AvalonBay Communities from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $247.00 to $262.00 in a report on Tuesday, December 17th. Piper Sandler dropped their price target on AvalonBay Communities from $270.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday. Morgan Stanley cut AvalonBay Communities from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $236.00 to $223.00 in a research report on Friday, January 24th. Finally, Scotiabank dropped their target price on AvalonBay Communities from $244.00 to $241.00 and set a “sector perform” rating on the stock in a report on Thursday, November 14th. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $235.73.

AvalonBay Communities Stock Performance

Shares of AVB opened at $217.88 on Thursday. The company’s 50 day simple moving average is $219.88 and its 200-day simple moving average is $222.44. The firm has a market cap of $30.99 billion, a PE ratio of 28.71, a price-to-earnings-growth ratio of 3.10 and a beta of 0.99. AvalonBay Communities has a 12-month low of $169.37 and a 12-month high of $239.29. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.68.

Institutional Trading of AvalonBay Communities

A number of institutional investors have recently added to or reduced their stakes in the stock. CWM LLC boosted its stake in shares of AvalonBay Communities by 4.8% during the 3rd quarter. CWM LLC now owns 1,639 shares of the real estate investment trust’s stock worth $369,000 after acquiring an additional 75 shares in the last quarter. Creative Planning raised its holdings in AvalonBay Communities by 4.7% during the third quarter. Creative Planning now owns 9,004 shares of the real estate investment trust’s stock worth $2,028,000 after purchasing an additional 408 shares during the last quarter. Swedbank AB boosted its position in AvalonBay Communities by 46.6% during the third quarter. Swedbank AB now owns 34,791 shares of the real estate investment trust’s stock worth $7,837,000 after purchasing an additional 11,064 shares in the last quarter. Stableford Capital II LLC acquired a new stake in AvalonBay Communities in the third quarter valued at $508,000. Finally, Presima Securities ULC increased its position in shares of AvalonBay Communities by 1.7% in the third quarter. Presima Securities ULC now owns 12,201 shares of the real estate investment trust’s stock valued at $2,748,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 92.61% of the company’s stock.

AvalonBay Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $1.75 dividend. This is a boost from AvalonBay Communities’s previous quarterly dividend of $1.70. The ex-dividend date is Monday, March 31st. This represents a $7.00 annualized dividend and a dividend yield of 3.21%. AvalonBay Communities’s dividend payout ratio (DPR) is 89.59%.

About AvalonBay Communities

AvalonBay Communities, Inc is a real estate investment trust, which engages in the development, acquisition, ownership, and operation of multifamily communities. It operates through the following segments: Same Store, Other Stabilized, and Development or Redevelopment. The Same Store segment refers to the operating communities that were owned and had stabilized occupancy.