Zacks Research Has Negative Estimate for AVB Q2 Earnings

AvalonBay Communities, Inc. (NYSE:AVB) – Equities research analysts at Zacks Research reduced their Q2 2025 earnings estimates for shares of AvalonBay Communities in a research note issued to investors on Tuesday, July 29th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will earn $2.79 per share for the quarter, down from their previous forecast of $2.81. The consensus estimate for AvalonBay Communities’ current full-year earnings is $11.48 per share. Zacks Research also issued estimates for AvalonBay Communities’ Q3 2025 earnings at $2.84 EPS, Q4 2025 earnings at $2.88 EPS, FY2025 earnings at $11.34 EPS, Q2 2026 earnings at $2.91 EPS, Q3 2026 earnings at $3.00 EPS, Q1 2027 earnings at $3.08 EPS, Q2 2027 earnings at $3.08 EPS and FY2027 earnings at $12.69 EPS.

AvalonBay Communities (NYSE:AVB) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.82 EPS for the quarter, topping the consensus estimate of $2.79 by $0.03. AvalonBay Communities had a return on equity of 9.65% and a net margin of 38.86%. During the same quarter in the previous year, the business earned $2.77 earnings per share.

AVB has been the subject of a number of other research reports. UBS Group dropped their target price on AvalonBay Communities from $238.00 to $216.00 and set a “neutral” rating for the company in a research report on Tuesday, July 15th. Wall Street Zen downgraded shares of AvalonBay Communities from a “hold” rating to a “sell” rating in a research note on Sunday, June 29th. Barclays upped their price objective on shares of AvalonBay Communities from $240.00 to $241.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 15th. Morgan Stanley lifted their target price on shares of AvalonBay Communities from $226.00 to $228.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 15th. Finally, Piper Sandler lowered their price target on shares of AvalonBay Communities from $265.00 to $255.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $235.07.

AvalonBay Communities Trading Down 3.3%

Shares of AVB opened at $196.36 on Wednesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.51 and a quick ratio of 0.51. AvalonBay Communities has a 1-year low of $180.40 and a 1-year high of $239.29. The company has a market capitalization of $27.96 billion, a P/E ratio of 24.45, a P/E/G ratio of 2.73 and a beta of 0.85. The firm’s 50 day simple moving average is $203.46 and its 200 day simple moving average is $208.92.

AvalonBay Communities Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were given a dividend of $1.75 per share. The ex-dividend date was Monday, June 30th. This represents a $7.00 annualized dividend and a dividend yield of 3.56%. AvalonBay Communities’s dividend payout ratio is presently 87.17%.

Insider Buying and Selling at AvalonBay Communities

In other news, EVP Edward M. Schulman sold 5,945 shares of the company’s stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $205.67, for a total value of $1,222,708.15. Following the sale, the executive vice president directly owned 17,617 shares of the company’s stock, valued at $3,623,288.39. This represents a 25.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kevin P. O’shea sold 6,000 shares of the stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $207.57, for a total transaction of $1,245,420.00. Following the completion of the transaction, the chief financial officer owned 22,782 shares of the company’s stock, valued at approximately $4,728,859.74. The trade was a 20.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.45% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On AvalonBay Communities

Several hedge funds have recently bought and sold shares of AVB. Vanguard Group Inc. lifted its holdings in shares of AvalonBay Communities by 0.4% during the first quarter. Vanguard Group Inc. now owns 22,672,682 shares of the real estate investment trust’s stock valued at $4,866,011,000 after purchasing an additional 96,790 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in AvalonBay Communities by 7.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,520,036 shares of the real estate investment trust’s stock valued at $1,184,712,000 after buying an additional 367,853 shares during the last quarter. JPMorgan Chase & Co. raised its stake in AvalonBay Communities by 3.9% during the first quarter. JPMorgan Chase & Co. now owns 3,814,430 shares of the real estate investment trust’s stock valued at $818,653,000 after buying an additional 143,646 shares during the last quarter. Geode Capital Management LLC boosted its holdings in AvalonBay Communities by 3.0% in the fourth quarter. Geode Capital Management LLC now owns 3,693,457 shares of the real estate investment trust’s stock worth $810,470,000 after acquiring an additional 107,655 shares in the last quarter. Finally, Cohen & Steers Inc. grew its stake in shares of AvalonBay Communities by 25.7% in the fourth quarter. Cohen & Steers Inc. now owns 3,130,108 shares of the real estate investment trust’s stock worth $688,527,000 after acquiring an additional 639,402 shares during the last quarter. Institutional investors own 92.61% of the company’s stock.

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.