During the last three months, 14 analysts shared their evaluations of AvalonBay Communities AVB, revealing diverse outlooks from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 5 | 8 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 1 | 2 | 0 | 0 |
2M Ago | 1 | 3 | 4 | 0 | 0 |
3M Ago | 0 | 1 | 1 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $208.36, a high estimate of $230.00, and a low estimate of $194.00. This upward trend is apparent, with the current average reflecting a 6.35% increase from the previous average price target of $195.92.
Interpreting Analyst Ratings: A Closer Look
A comprehensive examination of how financial experts perceive AvalonBay Communities is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Anthony Paolone | JP Morgan | Raises | Neutral | $212.00 | $194.00 |
James Feldman | Wells Fargo | Raises | Overweight | $210.00 | $189.00 |
Vikram Malhotra | Mizuho | Raises | Neutral | $194.00 | $185.00 |
Michael Lewis | Truist Securities | Raises | Hold | $207.00 | $197.00 |
Nicholas Yulico | Scotiabank | Raises | Sector Perform | $213.00 | $193.00 |
Adam Kramer | Morgan Stanley | Raises | Overweight | $209.00 | $203.00 |
Brent Dilts | UBS | Raises | Neutral | $210.00 | $199.00 |
Steve Sakwa | Evercore ISI Group | Announces | In-Line | $202.00 | - |
Jacob Kilstein | Argus Research | Raises | Buy | $212.00 | $188.00 |
Anthony Powell | Barclays | Raises | Overweight | $218.00 | $204.00 |
Brad Heffern | RBC Capital | Raises | Sector Perform | $196.00 | $191.00 |
Alexander Goldfarb | Piper Sandler | Raises | Overweight | $230.00 | $207.00 |
Michael Lewis | Truist Securities | Lowers | Hold | $197.00 | $201.00 |
Alexander Goldfarb | Piper Sandler | Maintains | Overweight | $207.00 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to AvalonBay Communities. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of AvalonBay Communities compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for AvalonBay Communities's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of AvalonBay Communities's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on AvalonBay Communities analyst ratings.
Get to Know AvalonBay Communities Better
AvalonBay Communities owns a portfolio of 281 apartment communities with over 87,000 units and is developing 18 additional properties with over 6,200 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.
Understanding the Numbers: AvalonBay Communities's Finances
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: AvalonBay Communities's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 5.65%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Real Estate sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 24.33%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): AvalonBay Communities's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.48% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.84%, the company showcases effective utilization of assets.
Debt Management: AvalonBay Communities's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.69.
The Basics of Analyst Ratings
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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