AvalonBay Communities (NYSE:AVB) Price Target Lowered to $183.00 at Piper Sandler

AvalonBay Communities (NYSE:AVB) had its target price dropped by equities researchers at Piper Sandler from $190.00 to $183.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the real estate investment trust’s stock. Piper Sandler’s target price indicates a potential upside of 5.65% from the company’s current price.

AVB has been the topic of a number of other reports. Wells Fargo & Company decreased their price objective on AvalonBay Communities from $213.00 to $193.00 and set an “overweight” rating on the stock in a report on Monday, November 10th. Evercore reaffirmed an “in-line” rating and set a $214.00 price target on shares of AvalonBay Communities in a research report on Monday, November 3rd. Cantor Fitzgerald boosted their price objective on shares of AvalonBay Communities from $179.00 to $186.00 and gave the company a “neutral” rating in a report on Monday. Scotiabank lowered their target price on shares of AvalonBay Communities from $215.00 to $193.00 and set a “sector perform” rating on the stock in a report on Tuesday, November 4th. Finally, Deutsche Bank Aktiengesellschaft cut AvalonBay Communities from a “buy” rating to a “hold” rating and set a $172.00 price target for the company. in a research note on Tuesday, January 20th. Six analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, AvalonBay Communities presently has an average rating of “Hold” and an average price target of $201.10.

AvalonBay Communities Stock Down 0.4%

Shares of NYSE AVB traded down $0.61 during mid-day trading on Monday, hitting $173.22. The company had a trading volume of 109,065 shares, compared to its average volume of 1,229,427. AvalonBay Communities has a one year low of $166.73 and a one year high of $230.21. The company has a market capitalization of $24.53 billion, a PE ratio of 21.14, a price-to-earnings-growth ratio of 3.02 and a beta of 0.76. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.79. The firm has a 50-day simple moving average of $179.10 and a two-hundred day simple moving average of $184.64.

AvalonBay Communities (NYSE:AVB) last posted its quarterly earnings results on Wednesday, February 4th. The real estate investment trust reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.84 by $0.01. AvalonBay Communities had a return on equity of 8.78% and a net margin of 34.57%.The firm had revenue of $678.85 million for the quarter, compared to analyst estimates of $766.38 million. During the same quarter in the previous year, the firm earned $2.80 EPS. AvalonBay Communities has set its FY 2026 guidance at 11.000-11.500 EPS and its Q1 2026 guidance at 2.730-2.830 EPS. On average, equities analysts expect that AvalonBay Communities will post 11.48 EPS for the current year.

Institutional Investors Weigh In On AvalonBay Communities

Several institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC raised its stake in shares of AvalonBay Communities by 5.7% during the 1st quarter. Empowered Funds LLC now owns 2,723 shares of the real estate investment trust’s stock valued at $584,000 after purchasing an additional 148 shares during the period. Blair William & Co. IL increased its position in shares of AvalonBay Communities by 7.2% during the second quarter. Blair William & Co. IL now owns 9,433 shares of the real estate investment trust’s stock valued at $1,920,000 after buying an additional 634 shares during the period. Callan Family Office LLC purchased a new stake in shares of AvalonBay Communities in the second quarter worth about $481,000. Trust Co. of Toledo NA OH bought a new position in shares of AvalonBay Communities in the second quarter valued at approximately $73,000. Finally, Apollon Wealth Management LLC grew its stake in AvalonBay Communities by 10.2% during the second quarter. Apollon Wealth Management LLC now owns 1,196 shares of the real estate investment trust’s stock valued at $243,000 after acquiring an additional 111 shares in the last quarter. Hedge funds and other institutional investors own 92.61% of the company’s stock.

AvalonBay Communities Company Profile

AvalonBay Communities, Inc (NYSE: AVB) is a publicly traded real estate investment trust (REIT) that owns, develops, redevelops and manages multifamily residential properties. The company focuses on professionally managed apartment communities, offering a range of rental housing options and related resident services. As a REIT, AvalonBay’s core activities center on the acquisition and development of apartment assets and the ongoing operations and leasing of those communities.

AvalonBay’s operating activities include ground-up development, strategic redevelopment of existing properties, property and asset management, and on-site leasing and resident services.