AvalonBay Communities (AVB) Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AvalonBay Communities in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AVB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AVB, but not buy additional shares or sell existing shares.
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16 Wall Street research analysts have issued 12 month price objectives for AvalonBay Communities' shares. Their AVB share price forecasts range from $179.00 to $215.00. On average, they anticipate the company's share price to reach $196.53 in the next year. This suggests a possible upside of 11.9% from the stock's current price.
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AvalonBay Communities' stock was trading at $161.52 at the beginning of 2023. Since then, AVB shares have increased by 8.7% and is now trading at $175.59.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
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AvalonBay Communities, Inc. (NYSE:AVB) released its quarterly earnings results on Tuesday, August, 1st. The real estate investment trust reported $2.59 earnings per share for the quarter, missing analysts' consensus estimates of $2.60 by $0.01. The real estate investment trust earned $690.86 million during the quarter, compared to the consensus estimate of $675.67 million. AvalonBay Communities had a net margin of 46.32% and a trailing twelve-month return on equity of 11.01%. During the same quarter last year, the business posted $2.43 EPS.
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AvalonBay Communities announced a quarterly dividend on Thursday, September 14th. Shareholders of record on Friday, September 29th will be paid a dividend of $1.65 per share on Monday, October 16th. This represents a $6.60 annualized dividend and a yield of 3.76%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for AVB.

ETFs with the largest weight of AvalonBay Communities (NYSE:AVB) stock in their portfolio include Kelly Residential & Apartment Real Estate ETF (RESI), Residential REIT ETF (HAUS), ETFB Green SRI REITs ETF (RITA), iShares Residential and Multisector Real Estate ETF (REZ), Nuveen Short-Term REIT ETF (NURE), SP Funds S&P Global REIT Sharia ETF (SPRE), U.S. Diversified Real Estate ETF (PPTY) and FlexShares Global Quality Real Estate Index Fund (GQRE).

AvalonBay Communities (NYSE:AVB) pays an annual dividend of $6.60 per share and currently has a dividend yield of 3.72%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 74.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AVB will have a dividend payout ratio of 59.46% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AVB.

AvalonBay Communities updated its third quarter 2023 earnings guidance on Monday, July, 31st. The company provided earnings per share guidance of $2.55-$2.65 for the period, compared to the consensus EPS estimate of $2.63. The company issued revenue guidance of -.

420 employees have rated AvalonBay Communities Chief Executive Officer Timothy J. Naughton on Glassdoor.com. Timothy J. Naughton has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other AvalonBay Communities investors own include Bank of America (BAC), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Walmart (WMT), Home Depot (HD), JPMorgan Chase & Co. (JPM), Walt Disney (DIS) and UnitedHealth Group (UNH).

AvalonBay Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVB."

AvalonBay Communities' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.07%), State Street Corp (7.15%), JPMorgan Chase & Co. (3.70%), Principal Financial Group Inc. (3.34%), Geode Capital Management LLC (2.28%) and Bank Julius Baer & Co. Ltd Zurich (1.75%). Insiders that own company stock include Edward M Schulman, Edward M Schulman, Joanne M Lockridge, Keri A Shea, Kevin P O'shea, Kevin P O'shea, Matthew H Birenbaum, Sean J Breslin, Sean J Breslin, Timothy J Naughton, W Edward Walter and William M Mclaughlin.
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Shares of AVB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AVB stock can currently be purchased for approximately $175.59.

AvalonBay Communities (NYSE:AVB) has a market capitalization of $24.94 billion and generates $2.59 billion in revenue each year. The real estate investment trust earns $1.14 billion in net income (profit) each year or $8.89 on an earnings per share basis.

The company employs 2,947 workers across the globe.

AvalonBay Communities' mailing address is 671 N. GLEBE ROAD SUITE 800, ARLINGTON VA, 22203. The official website for the company is www.avalonbay.com. The real estate investment trust can be reached via phone at (703) 329-6300, via email at investor_relations@avalonbay.com, or via fax at 513-389-4634.