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 (EPS) guidance of 11.140-11.640 for the period, compared to the consensus estimate of 11.530. The company issued revenue guidance of -. AvalonBay Communities also updated its Q1 2025 guidance to 2.750-2.850 EPS.

AvalonBay Communities Stock Up 1.6 %

Shares of AVB stock traded up $3.52 during trading hours on Wednesday, reaching $224.27. The company had a trading volume of 578,261 shares, compared to its average volume of 607,816. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.64 and a quick ratio of 1.64. The company has a market cap of $31.90 billion, a price-to-earnings ratio of 30.68, a price-to-earnings-growth ratio of 3.09 and a beta of 1.00. The business has a fifty day simple moving average of $221.39 and a 200-day simple moving average of $221.97. AvalonBay Communities has a 12 month low of $169.37 and a 12 month high of $239.29.

AvalonBay Communities (NYSE:AVB) last issued its earnings results on Wednesday, February 5th. The real estate investment trust reported $2.80 earnings per share (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%. On average, research analysts expect that AvalonBay Communities will post 11.04 earnings per share for the current fiscal year.

AvalonBay Communities Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $1.75 per share. This is an increase from AvalonBay Communities’s previous quarterly dividend of $1.70. This represents a $7.00 dividend on an annualized basis and a dividend yield of 3.12%. AvalonBay Communities’s payout ratio is currently 93.02%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on AVB shares. Scotiabank lowered their target price 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. Barclays decreased their target price on shares of AvalonBay Communities from $243.00 to $230.00 and set an “equal weight” rating on the stock in a research note on Friday, January 24th. Royal Bank of Canada dropped their price target on shares of AvalonBay Communities from $234.00 to $233.00 and set a “sector perform” rating for the company in a research report on Wednesday, November 6th. JPMorgan Chase & Co. upgraded shares of AvalonBay Communities from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $247.00 to $262.00 in a research report on Tuesday, December 17th. Finally, Morgan Stanley lowered shares of AvalonBay Communities from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $236.00 to $223.00 in a report on Friday, January 24th. Nine equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $234.60.

Insider Activity at AvalonBay Communities

In other AvalonBay Communities news, Director Timothy J. Naughton sold 2,261 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $233.78, for a total value of $528,576.58. Following the transaction, the director now owns 111,436 shares of the company’s stock, valued at approximately $26,051,508.08. This represents a 1.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.48% of the stock is currently owned by insiders.

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.