Zacks Research Issues Pessimistic Forecast for AVB Earnings

AvalonBay Communities, Inc. (NYSE:AVB) – Investment analysts at Zacks Research dropped their Q4 2025 earnings per share estimates for AvalonBay Communities in a research report issued to clients and investors on Tuesday, December 17th. Zacks Research analyst R. Department now forecasts that the real estate investment trust will post earnings per share of $2.90 for the quarter, down from their prior forecast of $2.92. The consensus estimate for AvalonBay Communities’ current full-year earnings is $11.03 per share. Zacks Research also issued estimates for AvalonBay Communities’ Q2 2026 earnings at $3.01 EPS, Q3 2026 earnings at $3.03 EPS and FY2026 earnings at $12.06 EPS.

Other equities research analysts have also issued research reports about the company. Truist Financial increased their target price on AvalonBay Communities from $213.00 to $230.00 and gave the company a “hold” rating in a research note on Tuesday, August 27th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of AvalonBay Communities from $206.00 to $249.00 and gave the company a “buy” rating in a report on Tuesday, September 10th. Royal Bank of Canada dropped their target price on AvalonBay Communities from $234.00 to $233.00 and set a “sector perform” rating on the stock in a research report on Wednesday, November 6th. BNP Paribas began coverage on AvalonBay Communities in a research report on Wednesday, September 11th. They issued an “outperform” rating and a $250.00 target price on the stock. Finally, Evercore ISI boosted their target price on shares of AvalonBay Communities from $225.00 to $229.00 and gave the stock an “in-line” rating in a report on Monday, September 16th. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, AvalonBay Communities presently has an average rating of “Hold” and a consensus target price of $231.33.

AvalonBay Communities Price Performance

AvalonBay Communities stock opened at $222.17 on Friday. The firm’s 50-day moving average is $227.60 and its two-hundred day moving average is $218.31. AvalonBay Communities has a 12-month low of $169.37 and a 12-month high of $239.29. The stock has a market capitalization of $31.60 billion, a P/E ratio of 30.39, a P/E/G ratio of 3.30 and a beta of 0.98. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.64 and a quick ratio of 1.64.

AvalonBay Communities (NYSE:AVB) last announced its quarterly earnings data on Monday, November 4th. The real estate investment trust reported $2.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.71 by ($0.10). AvalonBay Communities had a net margin of 36.20% and a return on equity of 8.84%. The firm had revenue of $734.31 million during the quarter, compared to analyst estimates of $731.67 million. During the same period in the prior year, the firm posted $2.66 earnings per share.

Hedge Funds Weigh In On AvalonBay Communities

A number of hedge funds and other institutional investors have recently made changes to their positions in AVB. RPg Family Wealth Advisory LLC bought a new stake in AvalonBay Communities during the third quarter worth about $26,000. Brooklyn Investment Group purchased a new position in AvalonBay Communities in the third quarter worth about $39,000. Mather Group LLC. lifted its stake in shares of AvalonBay Communities by 38.6% in the third quarter. Mather Group LLC. now owns 201 shares of the real estate investment trust’s stock worth $45,000 after buying an additional 56 shares in the last quarter. Prospera Private Wealth LLC bought a new position in AvalonBay Communities in the 3rd quarter valued at approximately $51,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in AvalonBay Communities by 731.4% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 291 shares of the real estate investment trust’s stock valued at $60,000 after purchasing an additional 256 shares during the last quarter. Institutional investors own 92.61% of the company’s stock.

Insider Buying and Selling

In related news, Director Timothy J. Naughton sold 23,697 shares of the company’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $233.47, for a total value of $5,532,538.59. Following the completion of the transaction, the director now directly owns 87,239 shares in the company, valued at approximately $20,367,689.33. The trade was a 21.36 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.48% of the stock is currently owned by corporate insiders.

AvalonBay Communities Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date is Tuesday, December 31st. AvalonBay Communities’s payout ratio is currently 93.02%.

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.