Earnings Alerts

AvalonBay Communities (AVB) Earnings: 2Q Core FFO per Share Beats Estimates at $2.77

  • AvalonBay’s Core Funds From Operations (FFO) per share for Q2 is $2.77, surpassing the $2.71 estimate.
  • Year-over-year, Core FFO per share has increased from $2.66.
  • Same-store residential Net Operating Income (NOI) grew by 3%, compared to the estimated 1.76% growth.
  • Market analysis shows:
    • 9 buy recommendations
    • 15 hold recommendations
    • 0 sell recommendations

A look at Avalonbay Communities Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have evaluated AvalonBay Communities, Inc. and provided insights into its long-term outlook using the Smart Scores system. With a strong dividend score of 4, the company is demonstrating its commitment to rewarding shareholders. A solid momentum score of 4 suggests that AvalonBay is gaining positive traction in the market, indicating a potentially bright future ahead. Although the company shows room for improvement in resilience with a score of 2, its overall outlook appears promising.

AvalonBay Communities, Inc. is a real estate investment trust focused on developing, redeveloping, acquiring, owning, and operating multifamily communities in the United States. The company’s value score of 3 reflects its position in the market relative to its competitors, while a growth score of 3 indicates its potential for expansion and development. Investors may view AvalonBay as a stable choice with room for growth, particularly due to its positive dividend and momentum scores.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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