AvalonBay Communities, Inc. (NYSE:AVB) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of AvalonBay Communities, Inc. (NYSE:AVB) have earned an average recommendation of “Hold” from the fourteen analysts that are covering the firm, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $221.4615.

Several research firms have weighed in on AVB. Wells Fargo & Company decreased their price target on shares of AvalonBay Communities from $244.00 to $213.00 and set an “overweight” rating for the company in a research note on Wednesday, August 27th. Royal Bank Of Canada decreased their target price on shares of AvalonBay Communities from $216.00 to $211.00 and set a “sector perform” rating for the company in a research report on Friday, August 1st. Wall Street Zen raised shares of AvalonBay Communities from a “sell” rating to a “hold” rating in a research report on Saturday, August 2nd. Morgan Stanley upgraded shares of AvalonBay Communities from an “equal weight” rating to an “overweight” rating and dropped their target price for the company from $228.00 to $225.00 in a research note on Wednesday, August 13th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $200.00 target price (down from $255.00) on shares of AvalonBay Communities in a research note on Monday, August 4th.

Insider Buying and Selling

In related news, CFO Kevin P. O’shea sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $207.57, for a total transaction of $1,245,420.00. Following the sale, the chief financial officer directly owned 22,782 shares in the company, valued at approximately $4,728,859.74. This represents a 20.85% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Edward M. Schulman sold 5,945 shares of the company’s stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $205.67, for a total transaction of $1,222,708.15. Following the sale, the executive vice president owned 17,617 shares in the company, valued at $3,623,288.39. The trade was a 25.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.48% of the company’s stock.

Institutional Trading of AvalonBay Communities

Institutional investors have recently modified their holdings of the business. Proathlete Wealth Management LLC purchased a new stake in shares of AvalonBay Communities during the 1st quarter valued at approximately $29,000. Opal Wealth Advisors LLC purchased a new stake in AvalonBay Communities in the 1st quarter worth approximately $33,000. Clearstead Trust LLC lifted its stake in AvalonBay Communities by 62.0% in the 2nd quarter. Clearstead Trust LLC now owns 162 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 62 shares in the last quarter. Ancora Advisors LLC lifted its stake in AvalonBay Communities by 1,666.7% in the 4th quarter. Ancora Advisors LLC now owns 159 shares of the real estate investment trust’s stock worth $35,000 after purchasing an additional 150 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in AvalonBay Communities in the 2nd quarter worth approximately $36,000. 92.61% of the stock is currently owned by hedge funds and other institutional investors.

AvalonBay Communities Stock Up 0.4%

Shares of NYSE:AVB opened at $195.15 on Friday. The company has a market capitalization of $27.79 billion, a price-to-earnings ratio of 24.03, a P/E/G ratio of 2.80 and a beta of 0.87. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.70 and a quick ratio of 0.70. The business’s 50-day moving average is $195.19 and its 200-day moving average is $203.18. AvalonBay Communities has a 1 year low of $180.40 and a 1 year high of $239.29.

AvalonBay Communities (NYSE:AVB) last announced its quarterly earnings data on Wednesday, July 30th. The real estate investment trust reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.80 by $0.02. The company had revenue of $689.90 million for the quarter, compared to the consensus estimate of $759.08 million. AvalonBay Communities had a return on equity of 9.70% and a net margin of 38.91%.During the same period in the previous year, the business earned $2.77 EPS. AvalonBay Communities has set its FY 2025 guidance at 11.190-11.590 EPS. Q3 2025 guidance at 2.750-2.850 EPS. Equities research analysts predict that AvalonBay Communities will post 11.48 earnings per share for the current year.

AvalonBay Communities Company Profile

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.