AvalonBay Communities, Inc. (NYSE:AVB – Free Report) – Equities researchers at Wedbush issued their FY2026 earnings per share estimates for shares of AvalonBay Communities in a research note issued to investors on Monday, February 10th. Wedbush analyst R. Anderson expects that the real estate investment trust will post earnings of $11.97 per share for the year. The consensus estimate for AvalonBay Communities’ current full-year earnings is $11.53 per share.
A number of other brokerages have also recently commented on AVB. Mizuho raised AvalonBay Communities from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $239.00 to $242.00 in a research report on Monday, January 6th. Morgan Stanley lowered shares of 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 report on Friday, January 24th. Piper Sandler decreased their price objective on shares of AvalonBay Communities from $270.00 to $265.00 and set an “overweight” rating for the company in a report on Tuesday. Scotiabank decreased their price objective on shares of AvalonBay Communities from $244.00 to $241.00 and set a “sector perform” rating for the company in a report on Thursday, November 14th. Finally, Barclays decreased their price objective on shares of AvalonBay Communities from $243.00 to $230.00 and set an “equal weight” rating for the company in a report on Friday, January 24th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $235.73.
AvalonBay Communities Stock Performance
Shares of AVB opened at $217.88 on Wednesday. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.68. The business’s 50 day moving average price is $220.08 and its 200-day moving average price is $222.47. AvalonBay Communities has a 52 week low of $169.37 and a 52 week high of $239.29. The stock has a market cap of $30.99 billion, a P/E ratio of 28.71, a P/E/G ratio of 3.10 and a beta of 0.99.
AvalonBay Communities (NYSE:AVB – Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The real estate investment trust reported $2.80 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%.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. State Street Corp boosted its holdings in AvalonBay Communities by 2.2% in the 3rd quarter. State Street Corp now owns 9,245,028 shares of the real estate investment trust’s stock worth $2,097,971,000 after buying an additional 196,938 shares during the period. Norges Bank bought a new position in AvalonBay Communities in the 4th quarter worth $1,499,050,000. Principal Financial Group Inc. boosted its holdings in AvalonBay Communities by 0.6% in the 4th quarter. Principal Financial Group Inc. now owns 4,590,539 shares of the real estate investment trust’s stock worth $1,009,781,000 after buying an additional 27,629 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of AvalonBay Communities by 1.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,060,497 shares of the real estate investment trust’s stock valued at $914,627,000 after purchasing an additional 55,588 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of AvalonBay Communities by 3.0% during the 4th quarter. Geode Capital Management LLC now owns 3,693,457 shares of the real estate investment trust’s stock valued at $810,470,000 after purchasing an additional 107,655 shares during the last quarter. Institutional investors own 92.61% of the company’s stock.
AvalonBay Communities Increases Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $1.75 per share. This is an increase from AvalonBay Communities’s previous quarterly dividend of $1.70. The ex-dividend date is Monday, March 31st. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.21%. AvalonBay Communities’s payout ratio is presently 89.59%.
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.
Recommended Stories
- Five stocks we like better than AvalonBay Communities
- How to Plot Fibonacci Price Inflection Levels
- 3 Reasons Micron Stock Is Deeply Undervalued Right Now
- How to Invest in Biotech Stocks
- Inflation Persists, But So Do Stock Opportunities: Rally On
- Trading Stocks: RSI and Why it’s Useful
- Energy Transfer Fuels the Cloud: A Natural Gas Power Play
Receive News & Ratings for AvalonBay Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AvalonBay Communities and related companies with MarketBeat.com's FREE daily email newsletter.