AvalonBay Communities, Inc. (AVB)

NYSE: AVB · IEX Real-Time Price · USD
201.91
-0.95 (-0.47%)
Jul 12, 2024, 4:00 PM EDT - Market closed
-0.47%
Market Cap 28.71B
Revenue (ttm) 2.81B
Net Income (ttm) 955.37M
Shares Out 142.19M
EPS (ttm) 6.72
PE Ratio 30.05
Forward PE 38.71
Dividend $6.80 (3.37%)
Ex-Dividend Date Jun 28, 2024
Volume 689,621
Open 203.79
Previous Close 202.86
Day's Range 200.85 - 203.79
52-Week Range 160.45 - 208.45
Beta 0.97
Analysts Buy
Price Target 203.76 (+0.92%)
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 Fl... [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, 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%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for AVB stock is "Buy." The 12-month stock price forecast is $203.76, which is an increase of 0.92% from the latest price.

Price Target
$203.76
(0.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

AvalonBay Communities, Inc. Announces Second Quarter 2024 Earnings Release Date

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) will release its second quarter 2024 earnings on July 31, 2024 after the market close. The Company will hold a ...

13 days ago - Business Wire

AvalonBay Communities, Inc. Announces New Executive Vice President for Portfolio and Asset Management

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that Pamela R. Thomas will join AvalonBay as Executive Vice President, Portfolio and Asset Mana...

5 weeks ago - Business Wire

AvalonBay Communities, Inc. Announces Participation in Nareit's REITweek Conference, Provides Second Quarter 2024 Operating Update, and Publishes Updated Investor Presentation

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that the Company will be participating in Nareit's REITweek Conference from June 3 – 6, 2024. D...

6 weeks ago - Business Wire

AvalonBay Communities, Inc. Declares Second 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. Prices $400 Million Senior Notes Offering

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that it priced an underwritten public offering of $400 million of 5.350% senior unsecured notes...

2 months ago - Business Wire

Final Trades: Amazon, Google, Avalonbay and Garmin

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: AMZNGOOGGOOGLGRMN
2 months ago - CNBC Television

AvalonBay Communities, Inc. Announces First Quarter 2024 Operating Results and Second Quarter and Full Year 2024 Financial Outlook

ARLINGTON, Va.ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stock...

2 months ago - Business Wire

AvalonBay Communities, Inc. Announces First Quarter 2024 Earnings Release Date

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) will release its first quarter 2024 earnings on April 25, 2024 after the market close. The Company will hold a ...

3 months ago - Business Wire

AvalonBay Communities, Inc. Announces Participation in the 2024 Citi Global Property CEO Conference, Provides First Quarter 2024 Operating Update, and Publishes Updated Investor Presentation

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

Retail real estate 'under invested in' and outlook is strong, says Nuveen's Carly Tripp

Carly Tripp, Nuveen Real Estate Head of Investments, joins 'Closing Bell Overtime' to talk pending home sales dropping in January.

Other symbols: AIRCAMHESSXRT
4 months ago - CNBC Television

AvalonBay Communities Announces 2024 Annual Meeting Details

ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (the “Company”) (NYSE: AVB) announced today that its 2024 Annual Meeting of Stockholders will be held on Thursday, May 16, 2024, at 10:00 A...

5 months ago - Business Wire

Why U.S. renters are taking corporate landlords to court

U.S. landlords who use RealPage products to set prices on rental apartments are facing accusations of collusion.

Other symbols: CPTEQRJBGSMAA
5 months ago - CNBC

Avalonbay Communities, Inc. Announces 2023 Operating Results, 3.0% Dividend Increase and Initial 2024 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...

5 months ago - Business Wire

AvalonBay Communities Announces New Executive Vice President and Succession Plan for Two Finance Leaders

ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (the “Company”) (NYSE: AVB) announced today the naming of Alaine Walsh as Executive Vice President – Human Capital and Administration and t...

5 months ago - Business Wire

AvalonBay Communities Announces 2023 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 2023 dividend distributions on its Common Stock. ...

6 months ago - Business Wire

AvalonBay Communities, Inc. Announces Fourth Quarter 2023 Earnings Release Date

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) will release its fourth quarter 2023 earnings on January 31, 2024 after the market close. The Company will hold...

6 months ago - Business Wire

AvalonBay Communities, Inc. to Host Investor Day

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) announced today that it will host an Investor Day on Tuesday, November 28, 2023, in Washington, D.C. In-person ...

8 months ago - Business Wire

AvalonBay Communities, Inc. Declares Fourth 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) ...

8 months ago - Business Wire

Major landlords, RealPage sued in DC for alleged rent fixing scheme

D.C. Attorney General Brian Schwalb announced a lawsuit against 14 landlords in the district and RealPage for allegedly illegally raising rent prices.

Other symbols: CPTEQRJBGSMAAUDR
9 months ago - CNBC

AvalonBay Communities, Inc. Announces Third Quarter 2023 Operating Results and Fourth 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...

9 months ago - Business Wire

Stocks This Week: Sell Short Avalon Bay Communities And Monster Beverage

The October 12-13 time period is a projected turning point, likely a low. October 27th has been the annual low in any year.

Other symbols: MNST
10 months ago - Forbes

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...

10 months ago - Business Wire

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...

10 months ago - GuruFocus

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) ...

10 months ago - Business Wire

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...

10 months ago - Business Wire