AvalonBay Communities, Inc. (AVB)

NYSE: AVB · IEX Real-Time Price · USD
171.74
+0.45 (0.26%)
Sep 29, 2023, 4:01 PM EDT - Market closed
0.26%
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]

Sector Real Estate
IPO Date Mar 10, 1994
Employees 2,947
Stock Exchange NYSE
Ticker Symbol AVB
Full Company Profile

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 Statements

Analyst 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.

Price Target
$194.95
(13.52% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 days 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...

8 days 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) ...

16 days 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...

19 days ago - Business Wire

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 ...

24 days ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 ...

3 months ago - Business Wire

Don't be a landlord—own these REITs instead

Who would be a landlord? The costs are high, the risks are huge, and the so-called “passive income” is uncertain.

3 months ago - Market Watch

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...

4 months ago - Business Wire

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) ...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

6 months ago - Business Wire

These 10 REITs Are the Greenest. That's Fuel for the Stocks.

Barron's has identified the 10 most sustainable U.S. real estate investment trusts with the help of Calvert Research and Management.

Other symbols: AMTBRXBXPEQRHSTKIMKRC
6 months ago - Barrons

There's still strong demand for industrial real estate, says CenterSquare Investments' Uma Moriarity

Uma Moriarity, CenterSquare Investment Management senior investment strategist, joins 'Closing Bell: Overtime' to discuss opportunity plays in real estate REITs.

Other symbols: EQRFRPLDXLRE
7 months ago - CNBC Television

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...

7 months ago - Business Wire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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 ...

9 months ago - Business Wire

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 ...

10 months ago - Business Wire

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...

11 months ago - Business Wire

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...

11 months ago - Business Wire

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.

11 months ago - Barrons