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.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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