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AvalonBay Communities, Inc. (AVB)

192.81 +0.36 (+0.19%)
At close: May 3 at 4:00 PM EDT
Loading Chart for AVB
DELL
  • Previous Close 192.45
  • Open 194.48
  • Bid --
  • Ask 220.00 x 1000
  • Day's Range 191.50 - 195.44
  • 52 Week Range 160.45 - 198.66
  • Volume 573,069
  • Avg. Volume 751,680
  • Market Cap (intraday) 27.414B
  • Beta (5Y Monthly) 0.93
  • PE Ratio (TTM) 28.65
  • EPS (TTM) 6.73
  • Earnings Date Jul 29, 2024 - Aug 2, 2024
  • Forward Dividend & Yield 6.80 (3.53%)
  • Ex-Dividend Date Mar 27, 2024
  • 1y Target Est 201.89

As of December 31, 2023, the Company owned or held a direct or indirect ownership interest in 299 apartment communities containing 90,669 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing 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, Colorado.

www.avalonbay.com

2,978

Full Time Employees

December 31

Fiscal Year Ends

Recent News: AVB

Performance Overview: AVB

Trailing total returns as of 5/3/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

AVB
3.96%
S&P 500
7.50%

1-Year Return

AVB
12.21%
S&P 500
24.47%

3-Year Return

AVB
11.06%
S&P 500
22.64%

5-Year Return

AVB
13.73%
S&P 500
75.76%

Compare To: AVB

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: AVB

Valuation Measures

Annual
As of 5/3/2024
  • Market Cap

    27.41B

  • Enterprise Value

    35.11B

  • Trailing P/E

    28.65

  • Forward P/E

    39.37

  • PEG Ratio (5yr expected)

    5.28

  • Price/Sales (ttm)

    9.77

  • Price/Book (mrq)

    2.34

  • Enterprise Value/Revenue

    12.51

  • Enterprise Value/EBITDA

    17.60

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    33.81%

  • Return on Assets (ttm)

    2.82%

  • Return on Equity (ttm)

    8.35%

  • Revenue (ttm)

    2.83B

  • Net Income Avi to Common (ttm)

    953.64M

  • Diluted EPS (ttm)

    6.73

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    300.28M

  • Total Debt/Equity (mrq)

    69.43%

  • Levered Free Cash Flow (ttm)

    1.2B

Research Analysis: AVB

Analyst Price Targets

185.00 Low
201.89 Average
192.81 Current
230.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: AVB

Fair Value

192.81 Current
 

Dividend Score

0 Low
AVB
Sector Avg.
100 High
 

Hiring Score

0 Low
AVB
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
AVB
Sector Avg.
100 High
 

Research Reports: AVB

  • Analyst Report: AvalonBay Communities, Inc.

    AvalonBay Communities owns a portfolio of 281 apartment communities with over 87,000 units and is developing 18 additional properties with over 6,200 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.

    Rating
    Price Target
     
  • Analyst Report: Avalonbay Communities Inc.

    AvalonBay Inc. is a real estate investment trust that develops, owns, and operates apartment communities. The company focuses on upper-tier apartments. The company was founded in 1978 and reincorporated in 1995, when it began to focus on apartment communities. It currently has about 300 properties containing almost 88,000 apartments, concentrated in high-wage regions. The company's portfolio is varied, with luxury high-rise urban buildings and smaller communities in suburban areas. The REIT's average same-store rent is currently $3,220 per month. The company has a concentration in New England, New York/New Jersey, and California, but has assets in 20 markets and 12 states. About one-fourth of same store properties are located in California and account for 22% of same-store NOI. About 18% of same-store properties are in the Mid-Atlantic and 16% in Metro NY/NJ. First-ring suburban assets have performed well, and future expansion is focused on new suburban areas with ground-floor retail space. AVB shares are a component of the S&P 500 and the company's market cap is about $27 billion.

    Rating
    Price Target
     
  • Market Digest: NVS, AN, AVB, BA, DPZ, GOOGL, KMB, SNAP

    With earnings season in full swing, the volume of insider transactions has fallen to seasonal lows, with only 615 transactions meeting the criteria for inclusion in Vickers Weekly Insider Report. While that is down from the recent weekly high of 2,284 transactions, there is still noteworthy data to consider.

     
  • Analyst Report: AvalonBay Communities, Inc.

    AvalonBay Communities owns a portfolio of 281 apartment communities with over 87,000 units and is developing 18 additional properties with over 6,200 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.

    Rating
    Price Target
     

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