Earnings Alerts

AvalonBay Communities (AVB) Earnings Surpass Estimates with 1Q Core FFO per Share Increase

  • AvalonBay’s 1Q Core FFO per share surpassed estimates.
  • The recorded core FFO per share was $2.70, higher than last year’s $2.57 and above the estimated $2.65.
  • There was an increase in the same-store residential NOI by 3.7%, compared to an estimate of +2.54%.
  • AvalonBay received a broad spectrum of ratings with 12 buys, 12 holds, and 1 sell.

A look at Avalonbay Communities Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

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

According to Smartkarma Smart Scores, AvalonBay Communities, a real estate investment trust in the United States, has received positive ratings across multiple key factors. With a solid Dividend score of 4 and Momentum score of 4, the company shows promise for long-term stability and growth. Additionally, AvalonBay Communities scored a respectable 3 for Value, Growth, and Resilience, indicating a balanced performance in these areas. This suggests a positive outlook for the company in the coming years.

AvalonBay Communities, Inc., known for developing, redeveloping, and owning multifamily communities in the US, is positioned well for future success based on its strong Smartkarma Smart Scores. With a focus on maintaining value, sustaining growth, and demonstrating resilience, the company’s solid performance in these areas, along with a robust dividend score, hints at a promising long-term trajectory. Investors may find AvalonBay Communities an attractive option for a stable investment with potential for growth.


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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