AvalonBay Communities (NYSE:AVB) Updates FY 2025 Earnings Guidance

Key Points

• AvalonBay Communities provided FY 2025 earnings guidance with EPS estimates ranging from 11.190 to 11.590, slightly above the consensus estimate of 11.421.
• The company's stock traded down $6.76 during midday trading, reaching $196.36, leading to a market cap of $27.96 billion.
• AvalonBay recently declared a quarterly dividend of $1.75 per share, translating to an annualized payout of $7.00 and a dividend yield of 3.56%.

AvalonBay Communities (NYSE:AVB - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 11.190-11.590 for the period, compared to the consensus earnings per share estimate of 11.421. The company issued revenue guidance of -. AvalonBay Communities also updated its Q3 2025 guidance to 2.750-2.850 EPS.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AVB. Scotiabank reduced their price target on AvalonBay Communities from $251.00 to $236.00 and set a "sector perform" rating for the company in a research report on Friday, June 13th. JPMorgan Chase & Co. dropped their price objective on AvalonBay Communities from $251.00 to $249.00 and set an "overweight" rating on the stock in a research note on Tuesday, June 17th. Royal Bank Of Canada dropped their price objective on AvalonBay Communities from $216.00 to $211.00 and set a "sector perform" rating on the stock in a research note on Friday. UBS Group dropped their price objective on AvalonBay Communities from $238.00 to $216.00 and set a "neutral" rating on the stock in a research note on Tuesday, July 15th. Finally, Mizuho dropped their price objective on AvalonBay Communities from $238.00 to $213.00 and set an "outperform" rating on the stock in a research note on Friday, May 23rd. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $234.43.

AvalonBay Communities Trading Down 1.0%

AVB stock traded down $1.93 during mid-day trading on Friday, reaching $184.35. The company's stock had a trading volume of 1,833,601 shares, compared to its average volume of 670,314. The company has a market cap of $26.25 billion, a price-to-earnings ratio of 22.70, a price-to-earnings-growth ratio of 2.51 and a beta of 0.86. The business's 50 day moving average price is $202.91 and its 200 day moving average price is $208.48. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.71. AvalonBay Communities has a 12 month low of $180.40 and a 12 month high of $239.29.

AvalonBay Communities (NYSE:AVB - Get Free Report) last issued its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.82 earnings per share for the quarter, topping analysts' consensus estimates of $2.80 by $0.02. The business had revenue of $689.90 million during 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 company posted $2.77 earnings per share. On average, equities research analysts predict that AvalonBay Communities will post 11.48 EPS for the current year.

AvalonBay Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, June 30th. AvalonBay Communities's dividend payout ratio (DPR) is 86.21%.

Insider Buying and Selling

In other AvalonBay Communities news, EVP Edward M. Schulman sold 5,945 shares of the firm's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $205.67, for a total value of $1,222,708.15. Following the completion of the sale, the executive vice president owned 17,617 shares of the company's stock, valued at approximately $3,623,288.39. This trade represents a 25.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Kevin P. O'shea sold 6,000 shares of the firm'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 value of $1,245,420.00. Following the completion of the sale, the chief financial officer directly owned 22,782 shares of the company's stock, valued at $4,728,859.74. This trade represents a 20.85% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.45% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AvalonBay Communities stock. Empowered Funds LLC lifted its stake in shares of AvalonBay Communities, Inc. (NYSE:AVB - Free Report) by 5.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,723 shares of the real estate investment trust's stock after buying an additional 148 shares during the period. Empowered Funds LLC's holdings in AvalonBay Communities were worth $584,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 92.61% of the company's stock.

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.