AvalonBay Communities (NYSE:AVB) Price Target Cut to $183.00 by Analysts at Piper Sandler

AvalonBay Communities (NYSE:AVB) had its price objective lowered by investment analysts at Piper Sandler from $190.00 to $183.00 in a research note issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the real estate investment trust’s stock. Piper Sandler’s target price indicates a potential upside of 5.65% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Mizuho dropped their price target on AvalonBay Communities from $199.00 to $191.00 and set a “neutral” rating for the company in a research note on Monday, November 24th. Cantor Fitzgerald raised their price objective on AvalonBay Communities from $179.00 to $186.00 and gave the company a “neutral” rating in a report on Monday. Barclays boosted their target price on AvalonBay Communities from $216.00 to $217.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Truist Financial reduced their price target on shares of AvalonBay Communities from $205.00 to $203.00 and set a “buy” rating on the stock in a research report on Tuesday, January 20th. Finally, UBS Group lowered their price objective on shares of AvalonBay Communities from $192.00 to $191.00 and set a “neutral” rating for the company in a report on Thursday, January 8th. Six investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat, AvalonBay Communities currently has an average rating of “Hold” and a consensus target price of $201.10.

AvalonBay Communities Price Performance

NYSE AVB traded down $0.61 during trading on Monday, reaching $173.22. The company’s stock had a trading volume of 109,065 shares, compared to its average volume of 1,229,427. The stock has a market capitalization of $24.53 billion, a PE ratio of 21.14, a P/E/G ratio of 3.02 and a beta of 0.76. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a fifty day moving average of $179.10 and a 200 day moving average of $184.64. AvalonBay Communities has a one year low of $166.73 and a one year high of $230.21.

AvalonBay Communities (NYSE:AVB) last posted its quarterly earnings data on Wednesday, February 4th. The real estate investment trust reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.01. The company had revenue of $678.85 million for the quarter, compared to analysts’ expectations of $766.38 million. AvalonBay Communities had a net margin of 34.57% and a return on equity of 8.78%. During the same period in the prior year, the business earned $2.80 earnings per share. AvalonBay Communities has set its FY 2026 guidance at 11.000-11.500 EPS and its Q1 2026 guidance at 2.730-2.830 EPS. Analysts expect that AvalonBay Communities will post 11.48 EPS for the current fiscal year.

Institutional Investors Weigh In On AvalonBay Communities

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Empowered Funds LLC grew its holdings in AvalonBay Communities by 5.7% during the 1st quarter. Empowered Funds LLC now owns 2,723 shares of the real estate investment trust’s stock valued at $584,000 after purchasing an additional 148 shares during the last quarter. Blair William & Co. IL grew its stake in shares of AvalonBay Communities by 7.2% during the second quarter. Blair William & Co. IL now owns 9,433 shares of the real estate investment trust’s stock valued at $1,920,000 after buying an additional 634 shares during the last quarter. Callan Family Office LLC bought a new position in shares of AvalonBay Communities during the second quarter valued at approximately $481,000. Trust Co. of Toledo NA OH purchased a new stake in shares of AvalonBay Communities in the second quarter worth approximately $73,000. Finally, Apollon Wealth Management LLC lifted its stake in shares of AvalonBay Communities by 10.2% during the 2nd quarter. Apollon Wealth Management LLC now owns 1,196 shares of the real estate investment trust’s stock worth $243,000 after acquiring an additional 111 shares during the last quarter. Hedge funds and other institutional investors own 92.61% of the company’s stock.

About AvalonBay Communities

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.