AvalonBay Communities, Inc. (AVB)
Market Cap | 24.39B |
Revenue (ttm) | 2.70B |
Net Income (ttm) | 1.25B |
Shares Out | 142.02M |
EPS (ttm) | 8.89 |
PE Ratio | 19.32 |
Forward PE | 32.60 |
Dividend | $6.60 (3.84%) |
Ex-Dividend Date | Sep 28, 2023 |
Volume | 630,618 |
Open | 173.50 |
Previous Close | 171.29 |
Day's Range | 169.92 - 174.50 |
52-Week Range | 153.07 - 198.66 |
Beta | 0.94 |
Analysts | Buy |
Price Target | 194.95 (+13.52%) |
Earnings Date | Oct 25, 2023 |
About AVB
As of June 30, 2023, the Company owned or held a direct or indirect ownership interest in 294 apartment communities containing 88,659 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company 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 Souther... [Read more]
Financial Performance
In 2022, AVB's revenue was $2.59 billion, an increase of 13.01% compared to the previous year's $2.29 billion. Earnings were $1.14 billion, an increase of 13.19%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for AVB stock is "Buy." The 12-month stock price forecast is $194.95, which is an increase of 13.52% from the latest price.
News

AvalonBay Communities, Inc. Announces Third Quarter 2023 Earnings Release Date
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) will release its third quarter 2023 earnings on October 25, 2023 after the market close. The Company will hold a conference cal...

AvalonBay Communities: Great Business, Horrible Price
There is very little chance that high inflation, high interest rates, inverted yield curves, student loan debt, consumer credit card debt, auto loan debt or a possible government default will leave re...

AvalonBay Communities, Inc. Declares Third Quarter 2023 Dividends
ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) announced today that its Board of Directors declared a cash dividend on the Company's Common Stock (par value $0.01 per share) ...

AvalonBay Communities, Inc. to Participate in the Bank of America 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, will participate in a roundtable disc...

AvalonBay Communities, Inc. Provides Third Quarter 2023 Operating Update
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that Same Store Residential rental revenue for the two months ended August 31, 2023, increased ...

AvalonBay Communities, Inc. Announces Second Quarter 2023 Operating Results and Third Quarter and Full Year 2023 Financial 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...

AvalonBay Communities, Inc. Issues Latest ESG Report
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) announced the release of its twelfth annual Environmental, Social and Governance (ESG) Report, summarizing the Company's ESG ac...

AvalonBay Communities, Inc. Announces Second Quarter 2023 Earnings Release Date
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) will release its second quarter 2023 earnings on July 31, 2023 after the market close. The Company will hold a conference call ...

AvalonBay Communities, Inc. Provides Second Quarter 2023 Operating Update and Publishes Investor Presentation
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that Same Store Residential rental revenue for the two months ended May 31, 2023, increased 6.5...

AvalonBay Communities, Inc. Declares Second Quarter 2023 Dividends
ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) announced today that its Board of Directors declared a cash dividend on the Company's Common Stock (par value $0.01 per share) ...

AvalonBay Communities, Inc. Announces First Quarter 2023 Operating Results and Second Quarter and Full Year 2023 Financial 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...

AvalonBay Communities, Inc.'s Customer Care Center Provides Back-Office Services to Gables Residential
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) and Gables Residential announced today that they have entered into a third-party servicing agreement for AvalonBay's centralize...

AvalonBay Communities, Inc. Announces First Quarter 2023 Earnings Release Date
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) will release its first quarter 2023 earnings on April 26, 2023 after the market close. The Company will hold a conference call ...
There's still strong demand for industrial real estate, says CenterSquare Investments' Uma Moriarity
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AvalonBay Communities, Inc. Provides First Quarter 2023 Operating Update and Publishes Investor Presentation
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that Same Store Residential rental revenue for the two months ended February 28, 2023, increase...

AvalonBay Communities Announces 2023 Annual Meeting Details
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) announced today that its 2023 Annual Meeting of Stockholders will be held on Wednesday, May 24, 2023, at 10:00 A.M. Eastern Tim...

AvalonBay Communities, Inc. Announces 2022 Operating Results, 3.8% Dividend Increase and Initial 2023 Financial 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...

AvalonBay Communities Announces 2022 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 2022 dividend distributions on its Common Stock...

AvalonBay Communities, Inc. Announces Fourth Quarter 2022 Earnings Release Date
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) will release its fourth quarter 2022 earnings on February 8, 2023 after the market close. The Company will hold a conference ...

AvalonBay Communities, Inc. Completes $350 Million Senior Notes Offering
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that it completed an underwritten public offering of $350 million aggregate principal amount ...

AvalonBay Communities, Inc. Awarded Nareit's 2022 Residential Leader in the Light Award
ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that it was named the 2022 Leader in the Light Award recipient for the residential sector for...

AvalonBay Communities, Inc. Declares Fourth Quarter 2022 Dividends
ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) announced today that its Board of Directors declared a cash dividend on the Company's Common Stock (par value $0.01 per share...

Cracks May Be Starting to Show in the Rental Market
Rents as measured in the consumer price index have continued to rise in recent months, but signs may already be pointing to a slowdown.