AvalonBay Communities, Inc. (AVB)
NYSE: AVB · IEX Real-Time Price · USD
185.56
+1.87 (1.02%)
Mar 28, 2024, 4:00 PM EDT - Market closed
AvalonBay Communities Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for AVB stock have an average target of 193.39, with a low estimate of 176 and a high estimate of 212. The average target predicts an increase of 4.22% from the current stock price of 185.56.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AVB stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
Buy | 4 | 4 | 4 | 3 | 5 | 5 |
Hold | 9 | 10 | 9 | 12 | 9 | 9 |
Sell | 2 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 18 | 17 | 16 | 17 | 16 | 16 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Piper Sandler | Piper Sandler | Buy Maintains $207 | Buy | Maintains | $207 | +11.55% | Mar 26, 2024 |
Truist Securities | Truist Securities | Hold Maintains $203 → $201 | Hold | Maintains | $203 → $201 | +8.32% | Mar 14, 2024 |
Mizuho | Mizuho | Hold Maintains $188 → $185 | Hold | Maintains | $188 → $185 | -0.30% | Feb 28, 2024 |
Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $175 → $192 | Hold → Buy | Upgrades | $175 → $192 | +3.20% | Feb 26, 2024 |
Goldman Sachs | Goldman Sachs | Hold Initiates $191 | Hold | Initiates | $191 | +2.93% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
2.90B
from 2.77B
Increased by 4.81%
Revenue Next Year
3.05B
from 2.90B
Increased by 4.96%
EPS This Year
4.99
from 6.56
Decreased by -23.87%
EPS Next Year
5.48
from 4.99
Increased by 9.67%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.1B | 3.4B | 3.5B | 3.7B | 3.9B |
Avg | 2.9B | 3.0B | 3.2B | 3.6B | 3.8B |
Low | 2.7B | 2.7B | 2.8B | 3.5B | 3.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 11.9% | 16.2% | 15.0% | 15.7% | 10.0% |
Avg | 4.8% | 5.0% | 5.1% | 11.3% | 5.8% |
Low | -3.6% | -5.7% | -7.6% | 8.0% | 2.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 5.45 | 5.97 | 6.57 | 7.85 | 8.25 |
Avg | 4.99 | 5.48 | 6.13 | 7.55 | 7.94 |
Low | 4.53 | 4.80 | 5.79 | 7.33 | 7.70 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -16.9% | 19.6% | 20.0% | 28.1% | 9.2% |
Avg | -23.9% | 9.7% | 12.0% | 23.2% | 5.1% |
Low | -31.0% | -3.8% | 5.8% | 19.5% | 2.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.