Deep Dive Into AvalonBay Communities Stock: Analyst Perspectives (13 Ratings)

In the preceding three months, 13 analysts have released ratings for AvalonBay Communities AVB, presenting a wide array of perspectives from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 4 9 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 2 0 0
2M Ago 0 1 2 0 0
3M Ago 0 2 5 0 0

Analysts have set 12-month price targets for AvalonBay Communities, revealing an average target of $214.0, a high estimate of $255.00, and a low estimate of $194.00. This current average reflects an increase of 6.03% from the previous average price target of $201.83.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

In examining recent analyst actions, we gain insights into how financial experts perceive AvalonBay Communities. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Alexander Goldfarb Piper Sandler Raises Overweight $255.00 $230.00
Brent Dilts UBS Raises Neutral $228.00 $210.00
Steve Sakwa Evercore ISI Group Raises In-Line $207.00 $205.00
James Feldman Wells Fargo Raises Overweight $222.00 $210.00
Michael Lewis Truist Securities Raises Hold $213.00 $207.00
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 -

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to AvalonBay Communities. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of AvalonBay Communities compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of AvalonBay Communities's stock. This comparison reveals trends in analysts' expectations over time.

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.

Delving into AvalonBay Communities's Background

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.

AvalonBay Communities: A Financial Overview

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Positive Revenue Trend: Examining AvalonBay Communities's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 5.65% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.

Net Margin: AvalonBay Communities's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 24.33%, the company showcases strong profitability and effective cost management.

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): AvalonBay Communities's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.84%, the company showcases efficient use of assets and strong financial health.

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

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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