Zacks Research Brokers Reduce Earnings Estimates for AVB

AvalonBay Communities, Inc. (NYSE:AVB - Free Report) - Investment analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for shares of AvalonBay Communities in a research report issued to clients and investors on Wednesday, May 21st. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings per share of $2.81 for the quarter, down from their previous estimate of $2.86. 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 $2.85 EPS, Q4 2025 earnings at $2.89 EPS, FY2025 earnings at $11.38 EPS, Q1 2026 earnings at $2.93 EPS, Q2 2026 earnings at $2.97 EPS, Q4 2026 earnings at $3.05 EPS and FY2026 earnings at $11.96 EPS.

Several other equities research analysts also recently issued reports on AVB. Royal Bank of Canada dropped their price objective on AvalonBay Communities from $223.00 to $220.00 and set a "sector perform" rating on the stock in a report on Thursday, May 8th. Scotiabank lifted their price objective on AvalonBay Communities from $241.00 to $251.00 and gave the stock a "sector perform" rating in a report on Monday, May 12th. Barclays lifted their price objective on AvalonBay Communities from $227.00 to $240.00 and gave the stock an "equal weight" rating in a report on Friday, May 9th. Zelman & Associates upgraded AvalonBay Communities from a "neutral" rating to an "outperform" rating in a research report on Thursday, February 13th. Finally, Mizuho reduced their price objective on AvalonBay Communities from $238.00 to $213.00 and set an "outperform" rating for the company in a research report on Friday. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $237.86.

AvalonBay Communities Stock Up 1.1%

AVB stock traded up $2.10 during midday trading on Thursday, hitting $200.13. 197,570 shares of the company's stock were exchanged, compared to its average volume of 709,090. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.68. AvalonBay Communities has a 12-month low of $180.40 and a 12-month high of $239.29. The firm has a 50 day moving average price of $204.85 and a 200-day moving average price of $215.75. The stock has a market capitalization of $28.49 billion, a price-to-earnings ratio of 26.36, a price-to-earnings-growth ratio of 3.11 and a beta of 0.86.

AvalonBay Communities (NYSE:AVB - Get Free Report) last announced its earnings results on Wednesday, April 30th. The real estate investment trust reported $2.83 EPS for the quarter, beating the consensus estimate of $2.80 by $0.03. AvalonBay Communities had a return on equity of 9.15% and a net margin of 37.13%. The business had revenue of $693.43 million for the quarter, compared to the consensus estimate of $744.61 million. During the same period last year, the business posted $2.70 EPS.

AvalonBay Communities Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a $1.75 dividend. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.50%. The ex-dividend date is Monday, June 30th. AvalonBay Communities's dividend payout ratio is presently 87.17%.

Institutional Trading of AvalonBay Communities

A number of hedge funds and other institutional investors have recently modified their holdings of AVB. Norges Bank bought a new stake in shares of AvalonBay Communities in the 4th quarter worth $1,499,050,000. Price T Rowe Associates Inc. MD raised its stake in shares of AvalonBay Communities by 35.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,152,183 shares of the real estate investment trust's stock worth $1,133,328,000 after buying an additional 1,336,698 shares in the last quarter. Nuveen LLC bought a new stake in shares of AvalonBay Communities in the 1st quarter worth $280,226,000. Northern Trust Corp raised its stake in shares of AvalonBay Communities by 54.8% in the 4th quarter. Northern Trust Corp now owns 2,642,743 shares of the real estate investment trust's stock worth $581,324,000 after buying an additional 935,770 shares in the last quarter. Finally, Wellington Management Group LLP raised its position in shares of AvalonBay Communities by 49.9% during the fourth quarter. Wellington Management Group LLP now owns 2,488,975 shares of the real estate investment trust's stock worth $547,500,000 after purchasing an additional 828,009 shares during the period. 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.