Brief: Avalonbay Q2 Adjusted FFO Per Share USD 2.82

AvalonBay Communities,.

30/07/2025 21:15

Overview

AvalonBay Q2 2025 EPS rises 5.6% yr/yr to $1.88

Core FFO per share up 1.8% yr/yr to $2.82

Outlook

AvalonBay projects Q3 2025 EPS between $2.41 and $2.51

Company expects full-year 2025 EPS between $7.75 and $8.15

AvalonBay anticipates full-year residential NOI change of 2.0% to 3.4%

Company forecasts Q3 2025 Core FFO per share between $2.75 and $2.85

Company forecasts 2025 Core FFO per share between $11.19 and $11.59

Result Drivers

SAME STORE NOI - Increase in same store residential NOI contributed to EPS and FFO growth

REAL ESTATE GAINS - Gains from real estate sales positively impacted EPS

OVERHEAD COSTS - Increased overhead costs partially offset revenue gains

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$1.88
Q2 Adjusted FFO Per Share
$2.82
Q2 FFO Per Share
$2.8


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 13 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the residential reits peer group is "buy"

Wall Street's median 12-month price target for AvalonBay Communities Inc is $229.50, about 11.5% above its July 29 closing price of $203.12

The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 37 three months ago

Press Release: ID:nBw3GDY2wa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)