Q3 EPS Estimate for AvalonBay Communities Boosted by Analyst

Key Points

• Zacks Research raised AvalonBay Communities’ Q3 2026 EPS estimate to $2.80 from $2.78; analysts forecast full-year EPS of $11.32.
• AvalonBay’s stock was up 2.4% at $184.12, while analysts maintained a consensus “Hold” rating and an average price target of $196.80.
• The REIT recently reported quarterly EPS of $1.11, below the $1.23 consensus estimate, but exceeded revenue expectations with $777.77 million. Institutional investors own 92.61% of the company, which pays an annualized $7.12 dividend yielding about 3.9%.

AvalonBay Communities, Inc. (NYSE:AVB - Free Report) - Equities researchers at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for AvalonBay Communities in a research report issued to clients and investors on Wednesday, August 12th. Zacks Research analyst Team now anticipates that the real estate investment trust will post earnings of $2.80 per share for the quarter, up from their prior forecast of $2.78. The consensus estimate for AvalonBay Communities' current full-year earnings is $11.32 per share.

Several other brokerages have also weighed in on AVB. Wolfe Research upgraded shares of AvalonBay Communities from an "outperform" rating to an "outperform" rating and set a $209.00 price objective on the stock in a report on Monday, June 1st. Weiss Ratings downgraded shares of AvalonBay Communities from a "hold (c+)" rating to a "hold (c)" rating in a report on Thursday, August 6th. Wall Street Zen raised shares of AvalonBay Communities from a "sell" rating to a "hold" rating in a research report on Saturday, May 9th. Wells Fargo & Company cut their price target on shares of AvalonBay Communities from $193.00 to $191.00 and set an "overweight" rating on the stock in a research note on Thursday, April 23rd. Finally, Barclays reiterated an "equal weight" rating and issued a $205.00 price target (up from $203.00) on shares of AvalonBay Communities in a report on Tuesday, July 14th. Three research analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $196.80.

AvalonBay Communities Stock Up 2.4%

AVB opened at $184.12 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.54 and a quick ratio of 0.54. The stock has a market capitalization of $26.29 billion, a price-to-earnings ratio of 30.08, a price-to-earnings-growth ratio of 3.12 and a beta of 0.76. The business has a 50-day moving average of $188.02 and a two-hundred day moving average of $180.10. AvalonBay Communities has a 12 month low of $160.10 and a 12 month high of $198.63.

AvalonBay Communities (NYSE:AVB - Get Free Report) last released its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.11 EPS for the quarter, missing the consensus estimate of $1.23 by ($0.12). AvalonBay Communities had a net margin of 33.33% and a return on equity of 8.58%. The business had revenue of $777.77 million during the quarter, compared to analyst estimates of $772.37 million. During the same quarter in the previous year, the company posted $2.82 earnings per share.

Hedge Funds Weigh In On AvalonBay Communities

Several hedge funds and other institutional investors have recently made changes to their positions in AVB. Cetera Trust Company N.A purchased a new stake in shares of AvalonBay Communities during the 2nd quarter valued at about $228,000. Visionary Wealth Advisors purchased a new position in AvalonBay Communities in the 2nd quarter worth approximately $392,000. Ally Financial Inc. acquired a new stake in AvalonBay Communities in the second quarter valued at approximately $1,321,000. Cibc World Market Inc. acquired a new stake in AvalonBay Communities in the second quarter valued at approximately $5,335,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of AvalonBay Communities during the second quarter valued at approximately $1,419,000. Institutional investors and hedge funds own 92.61% of the company's stock.

AvalonBay Communities Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $1.78 dividend. This represents a $7.12 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, June 30th. AvalonBay Communities's dividend payout ratio (DPR) is currently 116.34%.

About AvalonBay Communities

AvalonBay Communities, Inc NYSE: AVB is a publicly traded real estate investment trust (REIT) that owns, develops, redevelops and manages multifamily residential properties. The company focuses on professionally managed apartment communities, offering a range of rental housing options and related resident services. As a REIT, AvalonBay's core activities center on the acquisition and development of apartment assets and the ongoing operations and leasing of those communities.

AvalonBay's operating activities include ground-up development, strategic redevelopment of existing properties, property and asset management, and on-site leasing and resident services.

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