AvalonBay Communities, Inc. (AVB)
| Market Cap | 27.19B |
| Revenue (ttm) | 2.77B |
| Net Income (ttm) | 928.83M |
| Shares Out | 142.03M |
| EPS (ttm) | 6.56 |
| PE Ratio | 29.18 |
| Forward PE | 38.86 |
| Dividend | $6.80 (3.55%) |
| Ex-Dividend Date | Mar 27, 2024 |
| Volume | 933,214 |
| Open | 193.80 |
| Previous Close | 191.32 |
| Day's Range | 191.23 - 196.09 |
| 52-Week Range | 160.45 - 198.66 |
| Beta | 0.93 |
| Analysts | Buy |
| Price Target | 193.11 (+0.87%) |
| Earnings Date | Apr 25, 2024 |
About AVB
As of December 31, 2023, the Company owned or held a direct or indirect ownership interest in 299 apartment communities containing 90,669 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development. 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 Southern California, as well as in the Compan... [Read more]
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 StatementsAnalyst Forecast
According to 16 analysts, the average rating for AVB stock is "Buy." The 12-month stock price forecast is $193.11, which is an increase of 0.87% from the latest price.
News
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...
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 ...
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...
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.
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...
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.
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...
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...
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. ...
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...
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 5.300% senior unsecured notes...
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 ...
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) ...
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...
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.
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 ...
