AvalonBay Communities (NYSE:AVB – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.750-2.850 for the period, compared to the consensus earnings per share estimate of 2.850. The company issued revenue guidance of -. AvalonBay Communities also updated its FY 2025 guidance to 11.140-11.640 EPS.
Wall Street Analysts Forecast Growth
AVB has been the topic of several analyst reports. Barclays dropped their price target on shares of AvalonBay Communities from $243.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Scotiabank dropped their price target on AvalonBay Communities from $244.00 to $241.00 and set a “sector perform” rating on the stock in a report on Thursday, November 14th. Royal Bank of Canada decreased their target price on shares of AvalonBay Communities from $234.00 to $233.00 and set a “sector perform” rating for the company in a report on Wednesday, November 6th. JPMorgan Chase & Co. raised AvalonBay Communities from a “neutral” rating to an “overweight” rating and upped their price target for the company from $247.00 to $262.00 in a research report on Tuesday, December 17th. Finally, Mizuho upgraded shares of AvalonBay Communities from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $239.00 to $242.00 in a report on Monday, January 6th. Nine research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $234.60.
View Our Latest Stock Report on AVB
AvalonBay Communities Trading Up 1.6 %
AvalonBay Communities (NYSE:AVB – Get Free Report) last announced its earnings results on Wednesday, February 5th. The real estate investment trust reported $2.80 earnings per share for the quarter, missing analysts’ consensus estimates of $2.83 by ($0.03). AvalonBay Communities had a return on equity of 8.84% and a net margin of 36.20%. Equities analysts predict that AvalonBay Communities will post 11.04 earnings per share for the current year.
AvalonBay Communities Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $1.75 per share. This is an increase from AvalonBay Communities’s previous quarterly dividend of $1.70. This represents a $7.00 annualized dividend and a dividend yield of 3.12%. AvalonBay Communities’s payout ratio is presently 93.02%.
Insider Activity at AvalonBay Communities
In other AvalonBay Communities news, Director Timothy J. Naughton sold 23,697 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $233.47, for a total value of $5,532,538.59. Following the sale, the director now owns 87,239 shares in the company, valued at approximately $20,367,689.33. The trade was a 21.36 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.48% of the stock is currently owned by corporate insiders.
AvalonBay Communities Company Profile
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.
Featured Articles
- Five stocks we like better than AvalonBay Communities
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- 3 Must-Have ETFs Set to Dominate This Quarter
- 5 discounted opportunities for dividend growth investors
- Seeking Stability? These 3 Stocks Offer Strong Potential
- What is the Australian Securities Exchange (ASX)
- Trade War Bargain Stocks: Top 3 Picks Too Good to Pass Up
Receive News & Ratings for AvalonBay Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AvalonBay Communities and related companies with MarketBeat.com's FREE daily email newsletter.