AvalonBay Communities (AVB) Projected to Post Quarterly Earnings on Wednesday

AvalonBay Communities (NYSE:AVB - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Wednesday, April 30th. Analysts expect AvalonBay Communities to post earnings of $2.81 per share and revenue of $744.61 million for the quarter. AvalonBay Communities has set its Q1 2025 guidance at 2.750-2.850 EPS and its FY 2025 guidance at 11.140-11.640 EPS.

AvalonBay Communities (NYSE:AVB - Get Free Report) last posted its 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%. On average, analysts expect AvalonBay Communities to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

AvalonBay Communities Price Performance

Shares of AVB stock traded up $2.11 on Monday, reaching $207.87. The company had a trading volume of 510,379 shares, compared to its average volume of 690,240. The business's 50-day moving average is $209.61 and its 200 day moving average is $218.51. The stock has a market capitalization of $29.59 billion, a PE ratio of 27.39, a price-to-earnings-growth ratio of 3.11 and a beta of 0.86. AvalonBay Communities has a one year low of $180.40 and a one year high of $239.29. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.68.

AvalonBay Communities Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $1.75 dividend. This is a boost from AvalonBay Communities's previous quarterly dividend of $1.70. This represents a $7.00 annualized dividend and a yield of 3.37%. The ex-dividend date was Monday, March 31st. AvalonBay Communities's dividend payout ratio is 92.23%.

Wall Street Analyst Weigh In

AVB has been the subject of several analyst reports. BMO Capital Markets lowered AvalonBay Communities from an "outperform" rating to a "market perform" rating and set a $220.00 target price for the company. in a research report on Friday, April 4th. Morgan Stanley downgraded AvalonBay Communities from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $236.00 to $223.00 in a research report on Friday, January 24th. Piper Sandler reduced their target price on AvalonBay Communities from $270.00 to $265.00 and set an "overweight" rating on the stock in a report on Tuesday, February 11th. Truist Financial raised their price target on shares of AvalonBay Communities from $229.00 to $230.00 and gave the stock a "hold" rating in a report on Monday, March 10th. Finally, Barclays upped their price objective on shares of AvalonBay Communities from $226.00 to $227.00 and gave the company an "equal weight" rating in a research note on Friday, April 11th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $237.47.

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.