Zacks Research Has Negative Estimate for AVB Q3 Earnings

AvalonBay Communities, Inc. (NYSE:AVB) – Equities researchers at Zacks Research decreased their Q3 2026 earnings estimates for AvalonBay Communities in a research report issued to clients and investors on Monday, May 18th. Zacks Research analyst Team now expects that the real estate investment trust will post earnings per share of $2.78 for the quarter, down from their previous estimate of $2.80. The consensus estimate for AvalonBay Communities’ current full-year earnings is $11.30 per share. Zacks Research also issued estimates for AvalonBay Communities’ Q1 2027 earnings at $2.87 EPS, Q3 2027 earnings at $2.83 EPS, Q4 2027 earnings at $2.93 EPS and FY2028 earnings at $12.49 EPS.

AvalonBay Communities (NYSE:AVB) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $2.33 EPS for the quarter, missing the consensus estimate of $2.80 by ($0.47). AvalonBay Communities had a return on equity of 9.56% and a net margin of 37.21%.The company had revenue of $770.28 million for the quarter, compared to the consensus estimate of $768.80 million. During the same period in the previous year, the business posted $2.83 EPS.

Several other brokerages have also recently commented on AVB. UBS Group reduced their price target on shares of AvalonBay Communities from $191.00 to $189.00 and set a “neutral” rating on the stock in a research report on Thursday, May 14th. Royal Bank Of Canada increased their price objective on shares of AvalonBay Communities from $180.00 to $188.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 29th. Truist Financial dropped their price objective on shares of AvalonBay Communities from $203.00 to $201.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Scotiabank dropped their price objective on shares of AvalonBay Communities from $190.00 to $187.00 and set a “sector perform” rating on the stock in a research note on Thursday, May 14th. Finally, Wells Fargo & Company dropped their price objective on shares of AvalonBay Communities from $193.00 to $191.00 and set an “overweight” rating on the stock in a research note on Thursday, April 23rd. Four investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, AvalonBay Communities currently has an average rating of “Hold” and a consensus price target of $196.93.

AvalonBay Communities Stock Performance

Shares of AVB stock opened at $185.14 on Wednesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.62 and a current ratio of 0.62. AvalonBay Communities has a one year low of $160.10 and a one year high of $209.86. The company’s 50-day simple moving average is $173.10 and its 200-day simple moving average is $176.58. The stock has a market capitalization of $25.75 billion, a price-to-earnings ratio of 26.83, a PEG ratio of 3.19 and a beta of 0.79.

Institutional Investors Weigh In On AvalonBay Communities

Institutional investors and hedge funds have recently bought and sold shares of the business. Metis Global Partners LLC increased its stake in shares of AvalonBay Communities by 21.0% in the third quarter. Metis Global Partners LLC now owns 44,760 shares of the real estate investment trust’s stock valued at $8,646,000 after purchasing an additional 7,780 shares during the period. Pensionfund PDN acquired a new stake in shares of AvalonBay Communities in the fourth quarter valued at approximately $3,648,000. Thrivent Financial for Lutherans increased its stake in shares of AvalonBay Communities by 3.1% in the third quarter. Thrivent Financial for Lutherans now owns 216,153 shares of the real estate investment trust’s stock valued at $41,754,000 after purchasing an additional 6,511 shares during the period. Sun Life Financial Inc. increased its stake in shares of AvalonBay Communities by 5.7% in the third quarter. Sun Life Financial Inc. now owns 161,087 shares of the real estate investment trust’s stock valued at $31,117,000 after purchasing an additional 8,660 shares during the period. Finally, Allstate Corp increased its stake in shares of AvalonBay Communities by 250.5% in the third quarter. Allstate Corp now owns 8,152 shares of the real estate investment trust’s stock valued at $1,575,000 after purchasing an additional 5,826 shares during the period. Institutional investors and hedge funds 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.