NYSE - Delayed Quote • USD
AvalonBay Communities, Inc. (AVB)
At close: April 19 at 4:00 PM EDT
After hours: April 19 at 7:23 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 10 | 10 | 12 | 11 |
| Avg. Estimate | 1.17 | 1.22 | 4.9 | 5.31 |
| Low Estimate | 1.1 | 1.14 | 4.62 | 4.84 |
| High Estimate | 1.26 | 1.29 | 5.19 | 5.67 |
| Year Ago EPS | 1.05 | 2.59 | 6.56 | 4.9 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 11 | 11 | 16 | 16 |
| Avg. Estimate | 704.97M | 715.04M | 2.87B | 3B |
| Low Estimate | 692M | 705.08M | 2.72B | 2.79B |
| High Estimate | 713.36M | 729.14M | 2.95B | 3.21B |
| Year Ago Sales | 622.45M | 629.88M | 2.51B | 2.87B |
| Sales Growth (year/est) | 13.30% | 13.50% | 14.10% | 4.50% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 1.13 | 1.49 | 1.27 | 1.34 |
| EPS Actual | 1.05 | 2.59 | 1.21 | 1.7 |
| Difference | -0.08 | 1.1 | -0.06 | 0.36 |
| Surprise % | -7.10% | 73.80% | -4.70% | 26.90% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1.17 | 1.22 | 4.9 | 5.31 |
| 7 Days Ago | 1.17 | 1.22 | 4.9 | 5.31 |
| 30 Days Ago | 1.17 | 1.21 | 4.9 | 5.34 |
| 60 Days Ago | 1.2 | 1.25 | 5.16 | 5.64 |
| 90 Days Ago | 1.26 | 1.28 | 5.23 | 5.65 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | 1 | 1 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | AVB | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 11.40% | -- | -- | 1.60% |
| Next Qtr. | -52.90% | -- | -- | 10.50% |
| Current Year | -25.30% | -- | -- | 5.20% |
| Next Year | 8.40% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -11.27% | -- | -- | 11.22% |
| Past 5 Years (per annum) | -1.92% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | Truist Securities: Hold to Hold | 4/9/2024 |
| Maintains | Piper Sandler: Overweight to Overweight | 3/26/2024 |
| Maintains | Truist Securities: Hold to Hold | 3/14/2024 |
| Maintains | Mizuho: Neutral to Neutral | 2/28/2024 |
| Upgrade | Morgan Stanley: Equal-Weight to Overweight | 2/26/2024 |
| Upgrade | Barclays: Equal-Weight to Overweight | 2/20/2024 |
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