AvalonBay Communities, Inc. (AVB)
| Market Cap | 31.56B |
| Revenue (ttm) | 2.93B |
| Net Income (ttm) | 1.04B |
| Shares Out | 142.05M |
| EPS (ttm) | 7.32 |
| PE Ratio | 30.35 |
| Forward PE | 40.67 |
| Dividend | $6.80 (3.06%) |
| Ex-Dividend Date | Dec 31, 2024 |
| Volume | 1,943,520 |
| Open | 217.02 |
| Previous Close | 217.16 |
| Day's Range | 216.83 - 224.12 |
| 52-Week Range | 169.37 - 239.29 |
| Beta | 1.00 |
| Analysts | Buy |
| Price Target | 227.00 (+2.17%) |
| Earnings Date | Jan 29, 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 17 analysts, the average rating for AVB stock is "Buy." The 12-month stock price forecast is $227.0, which is an increase of 2.17% from the latest price.
News
Property Type Round-Up From REITworld 2024
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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....
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...
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
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...
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...
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...
2 REITs To Buy Before Rate Cuts
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Massive Apartment Deals Demonstrate Value Of Apartment REITs
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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...
The 'X' Factor For Public REITs
The next cycle for public REITs could be more similar to those of the 1990s and early 2000s than one of the past 14 years. In prior cycles, public REITs enjoyed a cost of capital that allowed for sign...
AvalonBay Communities, Inc. (AVB) Q2 2024 Earnings Call Transcript
AvalonBay Communities, Inc. (NYSE:AVB) Q2 2024 Earnings Conference Call August 1, 2024 1:00 PM ET Company Participants Jason Reilley - VP, IR Benjamin Schall - President, CEO & Director Kevin O'Shea ...