AvalonBay Communities, Inc. (LON: 0HJO)

London flag London · Delayed Price · Currency is GBP · Price in USD
219.18
-1.55 (-0.70%)
Dec 20, 2024, 6:44 PM BST
15.77%
Market Cap 25.10B
Revenue (ttm) 2.18B
Net Income (ttm) 775.87M
Shares Out n/a
EPS (ttm) 5.46
PE Ratio 32.35
Forward PE n/a
Dividend 5.25 (2.35%)
Ex-Dividend Date Dec 31, 2024
Volume 1,323
Open 217.46
Previous Close 220.73
Day's Range 215.76 - 223.50
52-Week Range 153.52 - 223.50
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Jan 31, 2025

About AvalonBay Communities

AvalonBay Communities, Inc., a member of the S&P 500, 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. As of September 30, 2024, the Company owned or held a direct or i... [Read more]

Industry Real Estate - General
Sector Real Estate
Founded 1978
Employees 3,039
Stock Exchange London Stock Exchange
Ticker Symbol 0HJO
Full Company Profile

Financial Performance

In 2023, AvalonBay Communities's revenue was $2.78 billion, an increase of 6.62% compared to the previous year's $2.61 billion. Earnings were $927.16 million, a decrease of -18.29%.

Financial numbers in USD Financial Statements

News

Wall Street Pours Billions Into Build-To-Rent Communities, Betting Big Against Home Ownership Amid High Prices and Interest Rates

High home prices and stubbornly steep mortgage interest rates have put homeownership out of reach for many Americans. Wall Street has seized upon this, funding large swathes of luxury single-family su...

7 days ago - Benzinga

Property Type Round-Up From REITworld 2024

REITs are poised for growth with stabilizing interest rates, low new supply, and robust balance sheets supporting higher rents and long-term asset growth. Healthcare REITs benefit from strong senior h...

19 days ago - Seeking Alpha

How Is The Market Feeling About AvalonBay Communities?

AvalonBay Communities's (NYSE: AVB) short percent of float has fallen 4.84% since its last report. The company recently reported that it has 2.82 million shares sold short , which is 2.75% of all reg...

24 days ago - Benzinga

AvalonBay Stock: 6 Reasons Why I'm Skeptical Of The Price

We are currently maintaining our hold recommendation for AvalonBay. Our fair value estimate for the stock ranges from $210.36 to $219.73. AVB offers a potential total return of 5.26% as compared to 5....

4 weeks ago - Seeking Alpha

Buy These 6 RE Stocks That Deserve a Home in Your Portfolio

The U.S. Federal Reserve is on a chopping spree this autumn, cutting its benchmark Federal Funds rate by 0.50% in September and lopping off another 0.25% in early November. The moves brought the Fed F...

4 weeks ago - Benzinga

AvalonBay Communities, Inc. Declares Fourth Quarter 2024 Dividends

ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) announced today that its Board of Directors declared a cash dividend on the Company's Common Stock (par value $...

5 weeks ago - Business Wire

AvalonBay Communities, Inc. Named 2024 Regional Sector Leader by GRESB

ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) announced that it has been named the Regional Sector Leader for Americas Residential in the 2024 GRESB Developm...

5 weeks ago - Business Wire

AvalonBay Communities, Inc. (AVB) Q3 2024 Earnings Call Transcript

AvalonBay Communities, Inc. (NYSE:AVB) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Jason Reilley - Vice President, Investor Relations Benjamin Schall - Chief Ex...

6 weeks ago - Seeking Alpha

AvalonBay Communities, Inc. Announces Third Quarter 2024 Results and Raises Full Year 2024 Outlook

ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - dilu...

6 weeks ago - Business Wire

Important Trends For REIT Investors

REIT investors must pay close attention to real estate trends. The office sector remains a mess and likely will for a long time to come. Multifamily is suffering temporarily, but 2025 could be a lot b...

2 months ago - Seeking Alpha

Rate Cut Rethink

U.S. equity markets extended gains to a fifth-straight week despite a continued upswell in benchmark interest rates, as investors weighed a solid start to earnings season against lukewarm inflation da...

2 months ago - Seeking Alpha

Assessing The Impact Of Mortgage Rates On REITs

Historically, REITs outperform the S&P 500 after rising interest rates, with recent data showing a 25% return from May to September 2024. Mortgage rates impact REITs differently, with lower rates boos...

2 months ago - Seeking Alpha

AvalonBay Communities, Inc. Announces Third Quarter 2024 Earnings Release Date

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) will release its third quarter 2024 earnings on November 4, 2024 after the market close. The Company will hold ...

2 months ago - Business Wire

AvalonBay: Balanced Hold Despite Potential Cap Rate Reductions

AvalonBay's stock dropped significantly during the rate hike cycle but soared when rate cut expectations began in November. Strong occupancy rates and rising net operating income highlight AvalonBay's...

3 months ago - Seeking Alpha

AvalonBay Communities, Inc. Declares Third Quarter 2024 Dividends

ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) announced today that its Board of Directors declared a cash dividend on the Company's Common Stock (par value $...

3 months ago - Business Wire

2 REITs To Buy BEFORE Rate Cuts

The Fed is expected to cut interest rates later this month. This should greatly benefit REITs. Here are 2 REITs that we expect to surge in value as rates are cut.

3 months ago - Seeking Alpha

AvalonBay Communities, Inc. Announces Participation in Bank of America's Global Real Estate Conference

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that Benjamin W. Schall, the Company's CEO and President, and select members of the Company's m...

3 months ago - Business Wire

AvalonBay Communities, Inc. Prices Public Offering of 3,200,000 Shares of Common Stock

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that it has priced an underwritten public offering of 3,200,000 shares of common stock, all of ...

3 months ago - Business Wire

AvalonBay Communities, Inc. Announces Public Offering of 3,200,000 Shares of Common Stock

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that it is commencing an underwritten public offering of 3,200,000 shares of common stock in co...

3 months ago - Business Wire

AvalonBay Communities, Inc. Provides Third Quarter 2024 Operating Update and Publishes Updated Investor Presentation

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) today provided an update on certain third quarter Same Store Residential operating metrics. The Same Store Resi...

3 months ago - Business Wire

AvalonBay: Limited Upside And Overvalued

AvalonBay owns and manages residential properties, with a focus on the West and East Coast markets. It has low leverage, strong liquidity, and a track record of good past performance. However, the cur...

3 months ago - Seeking Alpha

2 REITs To Buy Before Rate Cuts

REITs are surging in value. Interest rates are likely headed to lower levels. Here are 2 REITs that should greatly benefit.

4 months ago - Seeking Alpha

10 REITs With The Best Risk Ratings

REITs have rallied strongly recently, with a 7.93% increase in the past 3 months. Recent economic data suggests rate cuts have changed sentiment towards the real estate sector rapidly. Blue chip REITs...

4 months ago - Seeking Alpha

Massive Apartment Deals Demonstrate Value Of Apartment REITs

Equity Residential bought 11 apartments with 3572 units from Blackstone for $964 million, expanding its presence in Dallas, Denver, and Atlanta. Public apartment REITs are trading below asset value, w...

4 months ago - Seeking Alpha

AvalonBay: With Margin Of Safety Gone, We Downgrade To Hold

AvalonBay shares have performed well, delivering almost 17% total returns in half a year, outpacing the S&P 500 index. The company faces higher operating costs, a more demanding valuation due to incre...

5 months ago - Seeking Alpha