Ratings for AvalonBay Communities AVB were provided by 16 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 3 | 12 | 0 | 0 |
| Last 30D | 0 | 0 | 2 | 0 | 0 |
| 1M Ago | 1 | 1 | 4 | 0 | 0 |
| 2M Ago | 0 | 1 | 4 | 0 | 0 |
| 3M Ago | 0 | 1 | 2 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $228.06, a high estimate of $255.00, and a low estimate of $207.00. Surpassing the previous average price target of $214.69, the current average has increased by 6.23%.
Analyzing Analyst Ratings: A Detailed Breakdown
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 |
|---|---|---|---|---|---|
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $229.00 | $225.00 |
| Anthony Paolone | JP Morgan | Raises | Neutral | $247.00 | $212.00 |
| Derek Johnston | Deutsche Bank | Raises | Buy | $249.00 | $206.00 |
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $225.00 | $223.00 |
| Steve Sakwa | Evercore ISI Group | Raises | In-Line | $223.00 | $216.00 |
| Michael Lewis | Truist Securities | Raises | Hold | $230.00 | $213.00 |
| Nicholas Yulico | Scotiabank | Raises | Sector Perform | $229.00 | $218.00 |
| James Feldman | Wells Fargo | Raises | Overweight | $244.00 | $222.00 |
| Steve Sakwa | Evercore ISI Group | Lowers | In-Line | $216.00 | $218.00 |
| Nicholas Yulico | Scotiabank | Raises | Sector Perform | $218.00 | $213.00 |
| Brad Heffern | RBC Capital | Raises | Sector Perform | $214.00 | $207.00 |
| 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 |
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: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of AvalonBay Communities compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for AvalonBay Communities's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of AvalonBay Communities's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on AvalonBay Communities analyst ratings.
Unveiling the Story Behind AvalonBay Communities
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: Delving into Financials
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 displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 5.09%. This indicates a notable increase in the company's 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: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 34.91%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): AvalonBay Communities's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.16%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): AvalonBay Communities's ROA excels beyond industry benchmarks, reaching 1.22%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.73, AvalonBay Communities adopts a prudent financial strategy, indicating a balanced approach to debt management.
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.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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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