AvalonBay Communities (AVB) Projected to Post Quarterly Earnings on Wednesday

AvalonBay Communities (NYSE:AVB) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $2.81 per share and revenue of $744.61 million for the quarter. AvalonBay Communities has set its Q1 2025 guidance at 2.750-2.850 EPS and its FY 2025 guidance at 11.140-11.640 EPS.

AvalonBay Communities (NYSE:AVB) last released its quarterly earnings data on Wednesday, February 5th. The real estate investment trust reported $2.80 earnings per share for the quarter, missing the consensus estimate of $2.83 by ($0.03). AvalonBay Communities had a return on equity of 9.15% and a net margin of 37.13%. On average, analysts expect AvalonBay Communities to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

AvalonBay Communities Stock Up 1.0 %

AvalonBay Communities stock opened at $207.87 on Tuesday. The company’s 50 day simple moving average is $209.61 and its 200 day simple moving average is $218.51. AvalonBay Communities has a fifty-two week low of $180.40 and a fifty-two week high of $239.29. The firm has a market capitalization of $29.59 billion, a price-to-earnings ratio of 27.39, a PEG ratio of 3.11 and a beta of 0.86. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.64 and a quick ratio of 1.64.

AvalonBay Communities Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a dividend of $1.75 per share. This is a positive change from AvalonBay Communities’s previous quarterly dividend of $1.70. The ex-dividend date was Monday, March 31st. This represents a $7.00 annualized dividend and a yield of 3.37%. AvalonBay Communities’s dividend payout ratio (DPR) is presently 92.23%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AVB. Zelman & Associates raised shares of AvalonBay Communities from a “neutral” rating to an “outperform” rating in a research note on Thursday, February 13th. Piper Sandler cut their price target on shares of AvalonBay Communities from $270.00 to $265.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 11th. Morgan Stanley lowered shares of AvalonBay Communities from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $236.00 to $223.00 in a research note on Friday, January 24th. Royal Bank of Canada lifted their price target on shares of AvalonBay Communities from $226.00 to $229.00 and gave the company a “sector perform” rating in a research note on Friday, February 7th. Finally, Barclays lifted their price target on shares of AvalonBay Communities from $226.00 to $227.00 and gave the company an “equal weight” rating in a research note on Friday, April 11th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $237.47.

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.