Zacks Research Issues Positive Outlook for AVB Earnings

AvalonBay Communities, Inc. (NYSE:AVBFree Report) – Analysts at Zacks Research raised their Q2 2026 earnings per share estimates for shares of AvalonBay Communities in a research note issued on Monday, May 18th. Zacks Research analyst Team now anticipates that the real estate investment trust will earn $2.80 per share for the quarter, up from their previous estimate of $2.79. The consensus estimate for AvalonBay Communities’ current full-year earnings is $11.30 per share. Zacks Research also issued estimates for AvalonBay Communities’ Q4 2026 earnings at $2.84 EPS, FY2026 earnings at $11.25 EPS and Q2 2027 earnings at $2.93 EPS.

AvalonBay Communities (NYSE:AVBGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.33 earnings per share for the quarter, missing the consensus estimate of $2.80 by ($0.47). The firm had revenue of $770.28 million for the quarter, compared to the consensus estimate of $768.80 million. AvalonBay Communities had a net margin of 37.21% and a return on equity of 9.56%. During the same quarter in the prior year, the firm earned $2.83 earnings per share.

Several other research analysts have also issued reports on the stock. Truist Financial decreased their price target on shares of AvalonBay Communities from $203.00 to $201.00 and set a “buy” rating for the company in a research note on Tuesday, March 3rd. UBS Group dropped their price objective on shares of AvalonBay Communities from $191.00 to $189.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Wells Fargo & Company decreased their target price on shares of AvalonBay Communities from $193.00 to $191.00 and set an “overweight” rating for the company in a research note on Thursday, April 23rd. Morgan Stanley reiterated an “equal weight” rating and set a $203.00 target price (down from $208.00) on shares of AvalonBay Communities in a report on Thursday, March 26th. Finally, Barclays dropped their price target on AvalonBay Communities from $206.00 to $203.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Four analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat.com, AvalonBay Communities has an average rating of “Hold” and an average target price of $196.93.

Check Out Our Latest Stock Analysis on AvalonBay Communities

AvalonBay Communities Stock Performance

Shares of AvalonBay Communities stock opened at $186.45 on Thursday. AvalonBay Communities has a 12 month low of $160.10 and a 12 month high of $209.86. The firm has a market capitalization of $25.94 billion, a P/E ratio of 27.02, a P/E/G ratio of 3.22 and a beta of 0.79. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.80. The business has a fifty day simple moving average of $173.29 and a two-hundred day simple moving average of $176.67.

Institutional Trading of AvalonBay Communities

Institutional investors and hedge funds have recently bought and sold shares of the company. Western Wealth Management LLC purchased a new stake in shares of AvalonBay Communities during the first quarter valued at approximately $55,000. Bank of America Corp DE raised its holdings in AvalonBay Communities by 10.8% in the 1st quarter. Bank of America Corp DE now owns 2,204,314 shares of the real estate investment trust’s stock worth $360,075,000 after acquiring an additional 215,559 shares during the last quarter. Kentucky Retirement Systems lifted its position in AvalonBay Communities by 12.5% in the 1st quarter. Kentucky Retirement Systems now owns 10,043 shares of the real estate investment trust’s stock valued at $1,641,000 after acquiring an additional 1,115 shares in the last quarter. Amundi boosted its stake in AvalonBay Communities by 24.2% during the 1st quarter. Amundi now owns 633,842 shares of the real estate investment trust’s stock valued at $103,538,000 after purchasing an additional 123,330 shares during the last quarter. Finally, Adelante Capital Management LLC boosted its stake in AvalonBay Communities by 2.3% during the 1st quarter. Adelante Capital Management LLC now owns 325,177 shares of the real estate investment trust’s stock valued at $53,117,000 after purchasing an additional 7,271 shares during the last quarter. 92.61% of the stock is currently owned by institutional investors.

About AvalonBay Communities

(Get Free Report)

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

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