AvalonBay Communities, Inc. (AVB) with a market cap of $28.6 billion, focuses on multi-family apartment communities for higher-income clients. Analysts expect Q2 earnings of $2.80 per share, up 1.1% from last year. For the current year, an AFFO of $11.38 is expected, rising to $11.99 by 2026. AVB stock has declined over the past year, underperforming the Real Estate Select Sector SPDR Fund and S&P 500. On Apr. 30, AVB shares surged 1.4% after Q1 earnings release. Wall Street analysts have a “Moderate Buy” rating with an average price target of $232.20, indicating a potential upside of 14.6%.

Read more at Yahoo Finance: What to Expect From AvalonBay Communities’ Report