AvalonBay Communities, Inc. (AVB)
Market Cap | 30.99B |
Revenue (ttm) | 2.93B |
Net Income (ttm) | 1.04B |
Shares Out | 142.05M |
EPS (ttm) | 7.32 |
PE Ratio | 29.80 |
Forward PE | 39.38 |
Dividend | $6.80 (3.12%) |
Ex-Dividend Date | Dec 31, 2024 |
Volume | 553,750 |
Open | 218.37 |
Previous Close | 217.90 |
Day's Range | 217.25 - 218.84 |
52-Week Range | 169.37 - 239.29 |
Beta | 1.01 |
Analysts | Buy |
Price Target | 230.20 (+5.53%) |
Earnings Date | Feb 5, 2025 |
About AVB
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]
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 StatementsAnalyst Forecast
According to 15 analysts, the average rating for AVB stock is "Buy." The 12-month stock price forecast is $230.2, which is an increase of 5.53% from the latest price.
News
AvalonBay Communities Announces 2024 Dividend Income Tax Treatment
ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (the “Company”) (NYSE: AVB) announced today the final income allocations of the Company's 2024 dividend distributions on its Common Stock. ...
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AvalonBay Communities, Inc. Announces Fourth Quarter 2024 Earnings Release Date
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) will release its fourth quarter 2024 earnings on February 5, 2025 after the market close. The Company will hold...
Sector Spotlight: Multifamily REITs - They Survived Until 2025!
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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....
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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...
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 $...
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...
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...
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...
Important Trends For REIT Investors
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Assessing The Impact Of Mortgage Rates On REITs
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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 ...
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...
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 $...
2 REITs To Buy BEFORE Rate Cuts
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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...
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 ...
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...
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...