AvalonBay Communities, Inc. (AVB)

NYSE: AVB · Real-Time Price · USD
218.14
+0.24 (0.11%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.11%
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]

Sector Real Estate
IPO Date Mar 10, 1994
Employees 3,039
Stock Exchange NYSE
Ticker Symbol AVB
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 Statements

Analyst 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.

Price Target
$230.2
(5.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The End Of An Era

U.S. equity and bond markets posted their best week since the November election, as benchmark interest rates tumbled after inflation data showed surprisingly muted pressures in December. Closing the b...

1 day ago - Seeking Alpha

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. ...

3 days ago - Business Wire

California REITs see rating upgrades in the wake of fires

CNBC's Diana Olick reports on REIT performance post-California wildfires.

Other symbols: DEIEGPEQRESSTRNO
4 days ago - CNBC Television

Apartment Rents Are Too Low

Apartment rental rates are significantly below equilibrium due to oversupply from zero interest rate policies, with rents expected to rise 10%-20% by 2027. Investment opportunities in apartment REITs ...

Other symbols: CPTCSRESSIRTNXRT
6 days ago - Seeking Alpha

Why REIT Struggles Now Could Lead To Big Gains: Lessons From A Billionaire Investor

REITs are so cheap that they are getting the attention of billionaires. Legendary investor Barry Sternlicht is loading up on REITs. We discuss what he is buying and why.

Other symbols: CPTEQRFRMAANXRTSPYVNQ
9 days ago - Seeking Alpha

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...

10 days ago - Business Wire

Sector Spotlight: Multifamily REITs - They Survived Until 2025!

COVID-19 led to a migration to Sunbelt cities, causing a surge in apartment rents and subsequent overbuilding, which is now stabilizing. Multifamily REITs saw a decline in valuations but are now modes...

Other symbols: BRTCPTCSRELMEEQRESSIRT
16 days ago - Seeking Alpha

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...

Other symbols: AHRAMHAMTBRXBXBXPCDP
6 weeks ago - Seeking Alpha

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....

2 months 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...

Other symbols: DHILENOPTECZZG
2 months 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 $...

2 months 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...

2 months 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...

2 months 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...

2 months 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...

Other symbols: BXPCPTCUZEGPFRMAASLG
3 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...

Other symbols: ABRBBREDRNDRVFRFRELFRI
3 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...

Other symbols: AMHCPTEQRESSEXRINVHMAA
3 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 ...

3 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...

4 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 $...

4 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.

Other symbols: MPWPLDSAFEVNQ
4 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...

4 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 ...

4 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...

4 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...

4 months ago - Business Wire