Zacks Research Comments on AvalonBay Communities, Inc.’s Q1 2026 Earnings (NYSE:AVB)

AvalonBay Communities, Inc. (NYSE:AVB) – Equities researchers at Zacks Research dropped their Q1 2026 earnings per share estimates for shares of AvalonBay Communities in a research report issued to clients and investors on Friday, April 19th. Zacks Research analyst R. Department now anticipates that the real estate investment trust will post earnings per share of $2.98 for the quarter, down from their previous estimate of $2.99. The consensus estimate for AvalonBay Communities’ current full-year earnings is $10.80 per share. Zacks Research also issued estimates for AvalonBay Communities’ FY2026 earnings at $12.06 EPS.

A number of other research analysts have also recently issued reports on the company. Wolfe Research cut AvalonBay Communities from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 2nd. KeyCorp reiterated a “sector weight” rating on shares of AvalonBay Communities in a report on Friday, January 5th. Mizuho dropped their target price on AvalonBay Communities from $188.00 to $185.00 and set a “neutral” rating on the stock in a report on Wednesday, February 28th. Deutsche Bank Aktiengesellschaft assumed coverage on AvalonBay Communities in a research note on Tuesday, January 30th. They issued a “buy” rating and a $206.00 price objective on the stock. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $191.00 price objective on shares of AvalonBay Communities in a research note on Thursday, February 22nd. Nine equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $196.78.

AvalonBay Communities Stock Up 1.5 %

NYSE:AVB opened at $186.87 on Monday. AvalonBay Communities has a 1 year low of $160.45 and a 1 year high of $198.65. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.68. The stock has a market cap of $26.57 billion, a price-to-earnings ratio of 28.53, a PEG ratio of 3.43 and a beta of 0.92. The stock has a 50-day moving average price of $181.41 and a two-hundred day moving average price of $178.22.

AvalonBay Communities (NYSE:AVB) last announced its quarterly earnings data on Tuesday, February 6th. The real estate investment trust reported $1.70 EPS for the quarter, missing analysts’ consensus estimates of $2.73 by ($1.03). AvalonBay Communities had a return on equity of 7.98% and a net margin of 33.56%. The company had revenue of $704.71 million for the quarter, compared to analyst estimates of $701.67 million. During the same period last year, the firm earned $2.59 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AVB. Pinnacle Bancorp Inc. purchased a new position in shares of AvalonBay Communities in the 3rd quarter worth approximately $26,000. Byrne Asset Management LLC lifted its stake in shares of AvalonBay Communities by 270.0% during the 1st quarter. Byrne Asset Management LLC now owns 185 shares of the real estate investment trust’s stock worth $34,000 after acquiring an additional 135 shares during the last quarter. Castleview Partners LLC lifted its stake in shares of AvalonBay Communities by 1,542.9% during the 3rd quarter. Castleview Partners LLC now owns 230 shares of the real estate investment trust’s stock worth $39,000 after acquiring an additional 216 shares during the last quarter. Ronald Blue Trust Inc. lifted its stake in shares of AvalonBay Communities by 316.7% during the 3rd quarter. Ronald Blue Trust Inc. now owns 225 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 171 shares during the last quarter. Finally, Arlington Trust Co LLC bought a new stake in shares of AvalonBay Communities during the 4th quarter worth approximately $45,000. 92.61% of the stock is owned by institutional investors.

Insider Activity at AvalonBay Communities

In other AvalonBay Communities news, EVP Joanne M. Lockridge sold 1,750 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $185.10, for a total transaction of $323,925.00. Following the sale, the executive vice president now owns 21,907 shares in the company, valued at $4,054,985.70. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CFO Kevin P. O’shea sold 5,000 shares of the firm’s stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $185.65, for a total transaction of $928,250.00. Following the transaction, the chief financial officer now directly owns 31,308 shares of the company’s stock, valued at $5,812,330.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Joanne M. Lockridge sold 1,750 shares of the firm’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $185.10, for a total value of $323,925.00. Following the completion of the sale, the executive vice president now directly owns 21,907 shares in the company, valued at $4,054,985.70. The disclosure for this sale can be found here. 0.48% of the stock is owned by company insiders.

AvalonBay Communities Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a $1.70 dividend. This is an increase from AvalonBay Communities’s previous quarterly dividend of $1.65. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $6.80 annualized dividend and a yield of 3.64%. AvalonBay Communities’s dividend payout ratio is presently 103.82%.

AvalonBay Communities Company Profile

As of December 31, 2023, the Company owned or held a direct or indirect ownership interest in 299 apartment communities containing 90,669 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.