Zacks Research Has Negative Forecast for AVB Q4 Earnings

AvalonBay Communities, Inc. (NYSE:AVBFree Report) – Research analysts at Zacks Research dropped their Q4 2026 earnings per share (EPS) estimates for AvalonBay Communities in a report issued on Tuesday, April 1st. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings of $3.06 per share for the quarter, down from their prior forecast of $3.07. The consensus estimate for AvalonBay Communities’ current full-year earnings is $11.48 per share.

AvalonBay Communities (NYSE:AVBGet Free Report) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $2.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.03). AvalonBay Communities had a net margin of 37.13% and a return on equity of 9.15%.

Several other analysts also recently weighed in on the stock. Piper Sandler cut their price objective on shares of AvalonBay Communities from $270.00 to $265.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 11th. JPMorgan Chase & Co. raised AvalonBay Communities from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $247.00 to $262.00 in a report on Tuesday, December 17th. Royal Bank of Canada boosted their price objective on AvalonBay Communities from $226.00 to $229.00 and gave the stock a “sector perform” rating in a research report on Friday, February 7th. Truist Financial raised their target price on AvalonBay Communities from $229.00 to $230.00 and gave the company a “hold” rating in a research report on Monday, March 10th. Finally, Zelman & Associates upgraded AvalonBay Communities from a “neutral” rating to an “outperform” rating in a research report on Thursday, February 13th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $237.40.

Check Out Our Latest Stock Analysis on AVB

AvalonBay Communities Stock Performance

Shares of AVB opened at $191.69 on Thursday. The firm has a fifty day moving average of $216.75 and a 200-day moving average of $221.69. The company has a market cap of $27.27 billion, a price-to-earnings ratio of 25.26, a price-to-earnings-growth ratio of 3.11 and a beta of 0.86. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.64 and a current ratio of 1.64. AvalonBay Communities has a 1 year low of $177.40 and a 1 year high of $239.29.

AvalonBay Communities Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $1.75 per share. The ex-dividend date of this dividend is Monday, March 31st. This is a positive change from AvalonBay Communities’s previous quarterly dividend of $1.70. This represents a $7.00 annualized dividend and a yield of 3.65%. AvalonBay Communities’s dividend payout ratio is currently 92.23%.

Institutional Trading of AvalonBay Communities

Large investors have recently added to or reduced their stakes in the business. Ancora Advisors LLC lifted its position in shares of AvalonBay Communities by 1,666.7% during the 4th quarter. Ancora Advisors LLC now owns 159 shares of the real estate investment trust’s stock valued at $35,000 after acquiring an additional 150 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of AvalonBay Communities during the fourth quarter worth $36,000. Crowley Wealth Management Inc. purchased a new stake in shares of AvalonBay Communities during the fourth quarter valued at $44,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of AvalonBay Communities in the 4th quarter valued at $53,000. Finally, Continuum Advisory LLC increased its stake in AvalonBay Communities by 12,200.0% in the 4th quarter. Continuum Advisory LLC now owns 246 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 244 shares in the last quarter. 92.61% of the stock is currently owned by institutional investors.

AvalonBay Communities Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for AvalonBay Communities (NYSE:AVB)

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