Q1 2025 EPS Estimates for AvalonBay Communities, Inc. (NYSE:AVB) Reduced by Zacks Research

AvalonBay Communities, Inc. (NYSE:AVB - Free Report) - Investment analysts at Zacks Research dropped their Q1 2025 earnings estimates for shares of AvalonBay Communities in a report released on Wednesday, August 21st. Zacks Research analyst R. Department now expects that the real estate investment trust will earn $2.79 per share for the quarter, down from their prior forecast of $2.80. The consensus estimate for AvalonBay Communities' current full-year earnings is $10.97 per share. Zacks Research also issued estimates for AvalonBay Communities' Q1 2026 earnings at $2.94 EPS and FY2026 earnings at $12.02 EPS.

A number of other analysts have also recently weighed in on the company. Mizuho boosted their price target on AvalonBay Communities from $185.00 to $194.00 and gave the stock a "neutral" rating in a research report on Thursday, May 30th. Piper Sandler increased their price target on AvalonBay Communities from $230.00 to $255.00 and gave the company an "overweight" rating in a report on Friday, August 2nd. Morgan Stanley upped their price objective on shares of AvalonBay Communities from $203.00 to $209.00 and gave the stock an "overweight" rating in a report on Tuesday, May 14th. Evercore ISI lowered their target price on AvalonBay Communities from $218.00 to $216.00 and set an "in-line" rating on the stock in a report on Monday, August 12th. Finally, Barclays upped their target price on shares of AvalonBay Communities from $204.00 to $218.00 and gave the company an "overweight" rating in a research note on Monday, April 29th. Twelve research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $211.12.

AvalonBay Communities Stock Up 1.7 %

Shares of AVB traded up $3.71 during mid-day trading on Friday, hitting $221.73. 420,169 shares of the company's stock were exchanged, compared to its average volume of 719,804. The firm has a fifty day moving average of $207.42 and a two-hundred day moving average of $193.90. AvalonBay Communities has a twelve month low of $160.45 and a twelve month high of $221.92. The stock has a market cap of $31.53 billion, a price-to-earnings ratio of 33.00, a P/E/G ratio of 3.09 and a beta of 0.96. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.71.

AvalonBay Communities (NYSE:AVB - Get Free Report) last released its earnings results on Wednesday, July 31st. The real estate investment trust reported $1.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.71 by ($0.93). AvalonBay Communities had a return on equity of 7.16% and a net margin of 29.61%. The company had revenue of $726.04 million during the quarter, compared to analysts' expectations of $718.49 million. During the same quarter in the previous year, the company earned $2.66 EPS.

Institutional Trading of AvalonBay Communities

A number of institutional investors have recently modified their holdings of AVB. Opal Wealth Advisors LLC acquired a new position in shares of AvalonBay Communities during the 2nd quarter worth about $32,000. Byrne Asset Management LLC lifted its stake in AvalonBay Communities by 270.0% in the first quarter. Byrne Asset Management LLC now owns 185 shares of the real estate investment trust's stock valued at $34,000 after acquiring an additional 135 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of AvalonBay Communities by 1,877.8% during the 2nd quarter. Versant Capital Management Inc now owns 178 shares of the real estate investment trust's stock worth $37,000 after purchasing an additional 169 shares during the last quarter. BROOKFIELD Corp ON acquired a new position in AvalonBay Communities during the first quarter worth approximately $39,000. Finally, Pinnacle Bancorp Inc. raised its stake in AvalonBay Communities by 50.0% in the first quarter. Pinnacle Bancorp Inc. now owns 225 shares of the real estate investment trust's stock valued at $42,000 after buying an additional 75 shares during the period. 92.61% of the stock is currently owned by institutional investors.

Insider Activity at AvalonBay Communities

In related news, CIO Matthew H. Birenbaum sold 5,000 shares of the business's stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $208.90, for a total transaction of $1,044,500.00. Following the completion of the transaction, the executive now owns 65,967 shares in the company, valued at $13,780,506.30. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, CIO Matthew H. Birenbaum sold 5,000 shares of the firm's stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $208.90, for a total transaction of $1,044,500.00. Following the sale, the executive now owns 65,967 shares of the company's stock, valued at $13,780,506.30. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Keri A. Shea sold 2,000 shares of AvalonBay Communities stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $207.17, for a total value of $414,340.00. Following the transaction, the senior vice president now owns 4,383 shares in the company, valued at approximately $908,026.11. The disclosure for this sale can be found here. 0.42% of the stock is currently owned by corporate insiders.

AvalonBay Communities Company Profile

As of December 31, 2023, the Company owned or held a direct or indirect ownership interest in 299 apartment communities containing 90,669 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.