AvalonBay Communities, Inc. (AVB)

Market Cap	29.03B
Revenue (ttm)	2.81B
Net Income (ttm)	955.37M
Shares Out	142.19M
EPS (ttm)	6.72
PE Ratio	30.39
Forward PE	39.14
Dividend	$6.80 (3.33%)
Ex-Dividend Date	Jun 28, 2024

Volume	778,251
Open	204.72
Previous Close	204.32
Day's Range	203.40 - 205.27
52-Week Range	160.45 - 208.45
Beta	0.95
Analysts	Buy
Price Target	203.06 (-0.56%)
Earnings Date	Jul 31, 2024

About AVB

AvalonBay Communities, Inc. is a Maryland corporation that has elected to be treated as a real estate investment trust (REIT) for federal income tax purposes under the Internal Revenue Code of 1986, as amended (the Code). The Company develops, redevelops, acquires, owns and operates multifamily communities 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 Florid...

• Industry: REIT - Residential
• Sector: Real Estate
• IPO Date: Mar 10, 1994
• Employees: 3,039
• Stock Exchange: NYSE
• Ticker Symbol: AVB

Financial Performance

In 2023, AVB's revenue was $2.77 billion, an increase of 6.73% compared to the previous year's $2.59 billion. Earnings were $928.83 million, a decrease of -18.29%.

Analyst Forecast

According to 19 analysts, the average rating for AVB stock is "Buy." The 12-month stock price forecast is $203.06, which is a decrease of -0.56% from the latest price.

Price Target

$203.06

(-0.56% downside)

Analyst Consensus: Buy