The Analyst Landscape: 15 Takes On AvalonBay Communities
Providing a diverse range of perspectives from bullish to bearish, 15 analysts have published ratings on AvalonBay Communities (NYSE:AVB) in the last three months.
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 | 1 | 5 | 9 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 2 | 0 | 0 |
| 2M Ago | 0 | 2 | 5 | 0 | 0 |
| 3M Ago | 1 | 2 | 1 | 0 | 0 |
Analysts have set 12-month price targets for AvalonBay Communities, revealing an average target of $210.33, a high estimate of $230.00, and a low estimate of $194.00. This upward trend is apparent, with the current average reflecting a 6.23% increase from the previous average price target of $198.00.
Analyzing Analyst Ratings: A Detailed Breakdown
The analysis of recent analyst actions sheds light on the perception of AvalonBay Communities by financial experts. The following summary presents 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 | $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 | - |
| 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 |
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: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of AvalonBay Communities compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of AvalonBay Communities's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on AvalonBay Communities analyst ratings.
About 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.
Breaking Down AvalonBay Communities's Financial Performance
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
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: AvalonBay Communities's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 24.33% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): AvalonBay Communities's ROE excels beyond industry benchmarks, reaching 1.48%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): AvalonBay Communities's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.84% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: AvalonBay Communities's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.69.
Analyst Ratings: Simplified
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.
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.