AvalonBay Communities (NYSE:AVB) Issues FY 2025 Earnings Guidance

AvalonBay Communities (NYSE:AVB) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 11.140-11.640 for the period, compared to the consensus earnings per share estimate of 11.530. The company issued revenue guidance of -. AvalonBay Communities also updated its Q1 2025 guidance to 2.750-2.850 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Barclays cut their price objective on shares of AvalonBay Communities from $243.00 to $230.00 and set an “equal weight” rating for the company in a research report on Friday, January 24th. Mizuho raised shares of AvalonBay Communities from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $239.00 to $242.00 in a report on Monday, January 6th. Scotiabank dropped their price objective on AvalonBay Communities from $244.00 to $241.00 and set a “sector perform” rating for the company in a research note on Thursday, November 14th. Morgan Stanley cut shares of AvalonBay Communities from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $236.00 to $223.00 in a research report on Friday, January 24th. Finally, Royal Bank of Canada dropped their target price on AvalonBay Communities from $234.00 to $233.00 and set a “sector perform” rating for the company in a report on Wednesday, November 6th. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, AvalonBay Communities presently has a consensus rating of “Hold” and a consensus target price of $234.60.

AvalonBay Communities Price Performance

AvalonBay Communities stock traded up $3.52 during midday trading on Wednesday, reaching $224.27. 578,261 shares of the stock traded hands, compared to its average volume of 607,816. The stock’s fifty day moving average is $221.39 and its 200-day moving average is $221.97. AvalonBay Communities has a 12 month low of $169.37 and a 12 month high of $239.29. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.70. The stock has a market cap of $31.90 billion, a P/E ratio of 30.68, a PEG ratio of 3.09 and a beta of 1.00.

AvalonBay Communities (NYSE:AVB) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $2.80 EPS for the quarter, missing the consensus estimate of $2.83 by ($0.03). AvalonBay Communities had a net margin of 36.20% and a return on equity of 8.84%. As a group, equities research analysts anticipate that AvalonBay Communities will post 11.04 EPS for the current year.

AvalonBay Communities Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $1.75 dividend. This is a positive change from AvalonBay Communities’s previous quarterly dividend of $1.70. This represents a $7.00 dividend on an annualized basis and a yield of 3.12%. AvalonBay Communities’s dividend payout ratio is 93.02%.

Insider Buying and Selling at AvalonBay Communities

In other news, Director Timothy J. Naughton sold 23,697 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $233.47, for a total transaction of $5,532,538.59. Following the transaction, the director now owns 87,239 shares of the company’s stock, valued at approximately $20,367,689.33. This represents a 21.36 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.48% of the company’s stock.

About AvalonBay Communities

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.