Zacks Research Has Bullish Estimate for AVB Q3 Earnings

AvalonBay Communities, Inc. (NYSE:AVB) – Equities research analysts at Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for AvalonBay Communities in a research report issued to clients and investors on Wednesday, August 12th. Zacks Research analyst Team now forecasts that the real estate investment trust will post earnings per share of $2.80 for the quarter, up from their previous forecast of $2.78. The consensus estimate for AvalonBay Communities’ current full-year earnings is $11.32 per share.

AvalonBay Communities (NYSE:AVB) last announced its earnings results on Thursday, July 23rd. The real estate investment trust reported $1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.12). AvalonBay Communities had a return on equity of 8.58% and a net margin of 33.33%.The business had revenue of $777.77 million for the quarter, compared to analysts’ expectations of $772.37 million. During the same period in the previous year, the firm posted $2.82 earnings per share.

AVB has been the topic of a number of other reports. Royal Bank Of Canada upped their target price on AvalonBay Communities from $180.00 to $188.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 29th. Wall Street Zen raised shares of AvalonBay Communities from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Scotiabank lifted their price target on shares of AvalonBay Communities from $187.00 to $195.00 and gave the stock a “sector perform” rating in a research note on Thursday, July 9th. Piper Sandler upped their price target on shares of AvalonBay Communities from $195.00 to $210.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Finally, Wolfe Research upgraded shares of AvalonBay Communities from an “outperform” rating to an “outperform” rating and set a $209.00 price objective on the stock in a research note on Monday, June 1st. Three equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $196.80.

AvalonBay Communities Price Performance

Shares of NYSE AVB opened at $184.12 on Friday. AvalonBay Communities has a fifty-two week low of $160.10 and a fifty-two week high of $198.63. The business has a 50 day moving average price of $188.02 and a two-hundred day moving average price of $180.10. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.74. The firm has a market cap of $26.29 billion, a PE ratio of 30.08, a price-to-earnings-growth ratio of 3.12 and a beta of 0.76.

Institutional Investors Weigh In On AvalonBay Communities

Institutional investors have recently made changes to their positions in the company. Reflection Asset Management acquired a new stake in shares of AvalonBay Communities during the 4th quarter valued at approximately $25,000. Clearstead Trust LLC lifted its position in shares of AvalonBay Communities by 56.0% in the 1st quarter. Clearstead Trust LLC now owns 156 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 56 shares during the last quarter. Zions Bancorporation National Association UT lifted its position in shares of AvalonBay Communities by 300.0% in the 4th quarter. Zions Bancorporation National Association UT now owns 160 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 120 shares during the last quarter. BOKF NA acquired a new position in shares of AvalonBay Communities in the 3rd quarter valued at about $31,000. Finally, Headlands Technologies LLC bought a new stake in shares of AvalonBay Communities during the 2nd quarter valued at about $36,000. 92.61% of the stock is currently owned by institutional investors.

AvalonBay Communities Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $1.78 per share. This represents a $7.12 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, June 30th. AvalonBay Communities’s dividend payout ratio (DPR) is currently 116.34%.

AvalonBay Communities Company Profile

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.