In the preceding three months, 10 analysts have released ratings for AvalonBay Communities AVB, presenting a wide array of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 3 | 5 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 2 | 2 | 2 | 0 | 0 |
Analysts have recently evaluated AvalonBay Communities and provided 12-month price targets. The average target is $194.2, accompanied by a high estimate of $204.00 and a low estimate of $176.00. Observing a downward trend, the current average is 0.47% lower than the prior average price target of $195.12.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of AvalonBay Communities among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below 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 |
|---|---|---|---|---|---|
| Anthony Powell | Barclays | Raises | Overweight | $204.00 | $194.00 |
| Michael Carroll | RBC Capital | Maintains | Sector Perform | $185.00 | - |
| Michael Lewis | Truist Securities | Raises | Hold | $203.00 | $202.00 |
| Vikram Malhotra | Mizuho | Raises | Neutral | $188.00 | $176.00 |
| Haendel St. Juste | Mizuho | Lowers | Neutral | $176.00 | $186.00 |
| Steve Sakwa | Evercore ISI Group | Raises | Outperform | $188.00 | $183.00 |
| Michael Lewis | Truist Securities | Maintains | Buy | $202.00 | - |
| Austin Wurschmidt | Keybanc | Lowers | Overweight | $200.00 | $205.00 |
| Anthony Paolone | JP Morgan | Lowers | Neutral | $194.00 | $201.00 |
| Michael Lewis | Truist Securities | Lowers | Buy | $202.00 | $214.00 |
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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of AvalonBay Communities compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing 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.
All You Need to Know About AvalonBay Communities
AvalonBay Communities owns a portfolio of 276 apartment communities with over 82,000 units and is developing 18 additional properties with over 5,700 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: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: AvalonBay Communities's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 4.86%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: AvalonBay Communities's net margin is impressive, surpassing industry averages. With a net margin of 24.66%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): AvalonBay Communities's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 1.46%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): AvalonBay Communities's ROA stands out, surpassing industry averages. With an impressive ROA of 0.83%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.69.
What Are 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.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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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