AvalonBay Communities (NYSE:AVB) Research Coverage Started at Cantor Fitzgerald

Cantor Fitzgerald assumed coverage on shares of AvalonBay Communities (NYSE:AVB) in a research report report published on Wednesday, Marketbeat.com reports. The firm issued a neutral rating and a $205.00 price target on the real estate investment trust’s stock.

A number of other equities analysts have also issued reports on the stock. Scotiabank decreased their target price on shares of AvalonBay Communities from $236.00 to $226.00 and set a “sector perform” rating for the company in a research report on Thursday, August 14th. Piper Sandler reiterated a “neutral” rating and issued a $200.00 target price (down previously from $255.00) on shares of AvalonBay Communities in a research report on Monday, August 4th. BNP Paribas Exane lowered shares of AvalonBay Communities from an “outperform” rating to a “neutral” rating in a research report on Monday, September 29th. Wall Street Zen lowered shares of AvalonBay Communities from a “hold” rating to a “sell” rating in a research report on Saturday, September 13th. Finally, Evercore ISI increased their target price on shares of AvalonBay Communities from $212.00 to $216.00 and gave the company an “in-line” rating in a research report on Monday, September 15th. Five investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $217.46.

AvalonBay Communities Stock Performance

AVB stock opened at $190.81 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.70 and a current ratio of 0.70. The stock has a market capitalization of $27.17 billion, a price-to-earnings ratio of 23.50, a PEG ratio of 2.74 and a beta of 0.86. AvalonBay Communities has a 1 year low of $180.40 and a 1 year high of $239.29. The stock’s fifty day moving average is $191.91 and its two-hundred day moving average is $200.19.

AvalonBay Communities (NYSE:AVB) last posted its earnings results on Wednesday, July 30th. The real estate investment trust reported $2.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.80 by $0.02. AvalonBay Communities had a return on equity of 9.70% and a net margin of 38.91%.The company had revenue of $689.90 million for the quarter, compared to analysts’ expectations of $759.08 million. During the same period last year, the business posted $2.77 earnings per share. AvalonBay Communities has set its FY 2025 guidance at 11.190-11.590 EPS. Q3 2025 guidance at 2.750-2.850 EPS. On average, research analysts predict that AvalonBay Communities will post 11.48 EPS for the current year.

AvalonBay Communities Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Tuesday, September 30th. AvalonBay Communities’s dividend payout ratio (DPR) is presently 86.21%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AVB. Proathlete Wealth Management LLC purchased a new position in shares of AvalonBay Communities in the first quarter worth approximately $29,000. Opal Wealth Advisors LLC purchased a new position in shares of AvalonBay Communities in the first quarter worth approximately $33,000. Clearstead Trust LLC increased its position in shares of AvalonBay Communities by 62.0% in the second quarter. Clearstead Trust LLC now owns 162 shares of the real estate investment trust’s stock worth $33,000 after acquiring an additional 62 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of AvalonBay Communities in the second quarter worth approximately $36,000. Finally, Sound Income Strategies LLC increased its position in shares of AvalonBay Communities by 76.4% in the second quarter. Sound Income Strategies LLC now owns 187 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 81 shares in the last quarter. 92.61% of the stock is owned by hedge funds and other institutional investors.

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.