AvalonBay Communities, Inc. (AVB)
NYSE: AVB · IEX Real-Time Price · USD
197.71
-1.18 (-0.59%)
May 20, 2024, 1:41 PM EDT - Market open
AvalonBay Communities Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for AVB stock have an average target of 199.47, with a low estimate of 176 and a high estimate of 230. The average target predicts an increase of 0.89% from the current stock price of 197.71.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AVB stock from 19 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 3 | 2 |
| Buy | 4 | 3 | 5 | 5 | 5 | 4 |
| Hold | 9 | 12 | 9 | 9 | 10 | 13 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 17 | 16 | 16 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $193 → $213 | Hold | Maintains | $193 → $213 | +7.73% | May 14, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $203 → $209 | Buy | Maintains | $203 → $209 | +5.71% | May 14, 2024 |
| UBS | UBS | Hold Maintains $199 → $210 | Hold | Maintains | $199 → $210 | +6.22% | May 14, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $202 | Buy → Hold | Downgrades | $202 | +2.17% | May 13, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $188 → $212 | Strong Buy | Maintains | $188 → $212 | +7.23% | Apr 30, 2024 |
Financial Forecast
Revenue This Year
2.90B
from 2.77B
Increased by 4.81%
Revenue Next Year
3.04B
from 2.90B
Increased by 4.76%
EPS This Year
4.96
from 6.56
Decreased by -24.44%
EPS Next Year
5.39
from 4.96
Increased by 8.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.1B | 3.4B | 3.5B | 3.6B | 3.8B |
| Avg | 2.9B | 3.0B | 3.2B | 3.5B | 3.7B |
| Low | 2.7B | 2.7B | 2.8B | 3.4B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.9% | 16.2% | 14.3% | 13.1% | 9.7% |
| Avg | 4.8% | 4.8% | 5.4% | 8.8% | 5.5% |
| Low | -3.6% | -5.7% | -7.4% | 5.6% | 2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.45 | 5.95 | 6.57 | 6.58 | 6.94 |
| Avg | 4.96 | 5.39 | 5.90 | 6.33 | 6.68 |
| Low | 4.53 | 4.80 | 5.44 | 6.14 | 6.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -16.9% | 20.1% | 22.1% | 11.5% | 9.6% |
| Avg | -24.4% | 8.6% | 9.6% | 7.3% | 5.4% |
| Low | -31.0% | -3.1% | 1.0% | 4.1% | 2.3% |
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.