Arlington, Virginia-based AvalonBay Communities, Inc. (AVB) is a Actual Property Funding Belief (REIT) that owns, develops, redevelops, acquires and manages high-quality multifamily residence communities. It’s valued at a market cap of $25.2 billion.
This residential REIT has trailed behind the broader market over the previous 52 weeks. Shares of AVB have declined 18.3% over this timeframe, whereas the broader S&P 500 Index ($SPX) has gained 12.3%. Furthermore, on a YTD foundation, the inventory is down 1.8%, whereas SPX has risen marginally.
Narrowing the main focus, AVB has additionally underperformed the iShares Residential and Multisector Actual Property ETF (REZ), which gained 5.4% over the previous 52 weeks and seven.6% on a YTD foundation.
On Feb. 4, AVB reported its This fall outcomes, and its shares plunged 4.6% within the following buying and selling session. The corporate’s core FFO per share improved 1.8% year-over-year to $2.85, surpassing consensus estimates by a penny. Moreover, its same-store residential income superior 1.8% from the year-ago quarter to $680.5 million, whereas its same-store residential NOI elevated 1.3%, reaching $467.1 million.
For fiscal 2026, ending in December, analysts anticipate AVB’s FFO per share to stay secure at $11.24 in comparison with the year-ago quarter. The corporate’s FFO shock historical past is blended. It topped consensus estimates in three of the final 4 quarters, whereas lacking within the different quarter.
Among the many 23 analysts masking the inventory, the consensus score is a “Reasonable Purchase,” which is predicated on six “Robust Purchase,” one “Reasonable Purchase,” and 16 “Maintain” scores.
The configuration is much less bullish than a month in the past, with seven analysts suggesting a “Robust Purchase” score.
On Feb. 13, Citigroup Inc. (C) analyst Nicholas Joseph maintained a “Impartial” score on AVB however lowered its value goal to $198, indicating an 11.6% potential upside from the present ranges.
The imply value goal of $198.18 suggests an 11.7% potential upside from the present ranges, whereas its Road-high value goal of $222.50 suggests a 25.4% potential upside from the present ranges.
On the date of publication, Neharika Jain didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com
