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AvalonBay Communities (NYSE:AVB) is an equity REIT that develops, redevelops, acquires and manages apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the company’s expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver.

It is set to report its Q1 2025 earnings on April 24. Wall Street analysts expect the company to post EPS of $2.83, up from $2.70 in the year-ago period. According to Benzinga Pro, quarterly revenue is expected to reach $749.05 million, up from $712.86 million a year earlier.

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If You Bought AvalonBay Communities Stock 10 Years Ago

The company's stock traded at approximately $167.98 per share 10 years ago. If you had invested $10,000, you could have bought roughly 60 shares. Currently, shares trade at $220.97, meaning your investment's value could have grown to $13,154 from stock price appreciation alone. However, AvalonBay Communities also paid dividends during these 10 years.

AvalonBay Communities' dividend yield is currently 3.17%. Over the last 10 years, it has paid about $60.62 in dividends per share, which means you could have made $3,609 from dividends alone.

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Summing up $13,154 and $3,609, we end up with the final value of your investment, which is $16,763. This is how much you could have made if you had invested $10,000 in AvalonBay Communities stock 10 years ago. This means a total return of 67.63%. However, this figure is significantly less than the S&P 500 total return for the same period, which was 221.51%.

What Could The Next 10 Years Bring?

AvalonBay Communities has a consensus rating of "Neutral" and a price target of $218.71 based on the ratings of 27 analysts. The price target implies more than 30% potential upside from the current stock price.

See Also: This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100.

On Feb. 5, the company announced its Q4 2024 earnings, posting core FFO of $2.80, missing the consensus estimate of $2.83, as reported by Benzinga.