AvalonBay Communities, Inc. (NYSE:AVB) is scheduled to release its earnings data after the market closes on Monday, October 23rd. AvalonBay Communities has set its Q3 guidance at $ EPS and its FY17 guidance at $8.50-8.70 EPS.

AvalonBay Communities (NYSE:AVB) last released its earnings results on Wednesday, August 2nd. The real estate investment trust reported $2.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $2.14 by ($0.05). AvalonBay Communities had a return on equity of 9.88% and a net margin of 47.90%. The company had revenue of $530.51 million for the quarter, compared to analyst estimates of $529.48 million. During the same period in the previous year, the firm earned $2.03 earnings per share. On average, analysts expect AvalonBay Communities to post $8.58 EPS for the current fiscal year and $9.09 EPS for the next fiscal year.

AvalonBay Communities, Inc. (NYSE AVB) opened at 181.19 on Friday. The company’s 50-day moving average price is $181.42 and its 200 day moving average price is $188.28. AvalonBay Communities, Inc. has a 1-year low of $158.32 and a 1-year high of $199.52. The firm has a market capitalization of $24.95 billion, a PE ratio of 24.95 and a beta of 0.36.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were paid a dividend of $1.42 per share. The ex-dividend date was Thursday, September 28th. This represents a $5.68 annualized dividend and a dividend yield of 3.13%. AvalonBay Communities’s dividend payout ratio is presently 78.13%.

AVB has been the subject of a number of research reports. Jefferies Group LLC reiterated a “hold” rating and issued a $196.00 price target on shares of AvalonBay Communities in a research note on Tuesday, July 4th. BidaskClub downgraded AvalonBay Communities from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Royal Bank Of Canada restated a “buy” rating and issued a $203.00 target price on shares of AvalonBay Communities in a research note on Sunday, July 16th. Barclays PLC lifted their target price on AvalonBay Communities from $188.00 to $189.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 18th. Finally, BMO Capital Markets restated a “hold” rating and issued a $191.00 target price on shares of AvalonBay Communities in a research note on Wednesday, August 2nd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $196.00.

TRADEMARK VIOLATION NOTICE: This article was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another publication, it was copied illegally and reposted in violation of US and international copyright laws. The original version of this article can be read at https://www.thecerbatgem.com/2017/10/22/avalonbay-communities-inc-avb-scheduled-to-post-earnings-on-monday.html.

About AvalonBay Communities

AvalonBay Communities, Inc is a real estate investment trust (REIT). The Company is focused on the development, redevelopment, acquisition, ownership and operation of multifamily communities primarily in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California.

Earnings History for AvalonBay Communities (NYSE:AVB)

Receive News & Stock Ratings for AvalonBay Communities Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AvalonBay Communities Inc. and related stocks with our FREE daily email newsletter.