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AvalonBay Communities, Inc. (AVB)

Stock Price: $145.43 USD -0.12 (-0.08%)
Updated Oct 21, 2020 9:30 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 20.47B
Revenue (ttm) 2.36B
Net Income (ttm) 786.13M
Shares Out 140.74M
EPS (ttm) 5.60
PE Ratio 25.97
Forward PE 32.36
Dividend $6.36
Dividend Yield 4.37%

Stock Quote

Trading Day Oct 21, 2020
Last Price $145.43
Previous Close $145.55
Change ($) -0.12
Change (%) -0.08%
Day's Open -
Day's Range 145.43 - 145.43
Day's Volume 9,923
52-Week Range 118.17 - 229.40

More Stats

Market Cap 20.47B
Enterprise Value 27.87B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date Sep 29, 2020
Shares Outstanding 140.74M
Float 139.37M
EPS (basic) 5.60
EPS (diluted) 5.60
FCF / Share 0.10
Dividend $6.36
Dividend Yield 4.37%
Earnings Yield 3.85%
FCF Yield 0.07%
Payout Ratio 111.10%
Shares Short 2.42M
Short Ratio 2.04
Short % of Float 1.74%
Beta 0.84
PE Ratio 25.97
Forward PE 32.36
P/FCF Ratio 1,416.60
PS Ratio 8.68
PB Ratio 1.98
Revenue 2.36B
Operating Income 818.33M
Net Income 786.13M
Free Cash Flow 14.45M
Net Cash -7.40B
Net Cash / Share -52.56
Gross Margin 65.94%
Operating Margin 34.69%
Profit Margin 33.30%
FCF Margin 0.61%
ROA 2.68%
ROE 7.27%
ROIC 3.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (21)

Buy 5
Overweight 1
Hold 14
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$164.06*
(12.81% upside)
Low
140
Current: $145.43
High
205
Target: 164.06
*Average 12-month price target from 17 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,3252,2852,1592,0451,8561,6851,4631,001900843
Revenue Growth1.75%5.83%5.54%10.2%10.15%15.18%46.2%11.17%6.79%-
Gross Profit1,5571,5181,4361,3621,2141,096952644564509
Operating Income832823789779697615307353305261
Net Income7869758771,034742684353424442175
Shares Outstanding14013813813713713212997.7195.0885.28
Earnings Per Share5.637.056.357.525.515.212.784.324.872.07
EPS Growth-20.14%11.02%-15.56%36.48%5.76%87.41%-35.65%-11.29%135.27%-
Dividend Per Share6.085.885.685.405.004.644.283.883.573.57
Dividend Growth3.4%3.52%5.19%8%7.76%8.41%10.31%8.68%0%-
Operating Cash Flow1,3221,3011,2561,1601,075887724541429332
Capital Expenditures-1,613-1,566-1,516-1,667-1,625-1,342-2,152-938-737-447
Free Cash Flow-292-264-260-507-551-455-1,427-397-308-115
Cash & Equivalents1282182023305056053802,784690478
Total Debt7,4377,0407,3297,0316,4576,4906,1343,8513,5993,973
Net Cash / Debt-7,309-6,822-7,128-6,701-5,952-5,885-5,754-1,067-2,909-3,495
Assets19,12118,38018,41517,86716,93116,14115,32811,1608,4827,821
Liabilities8,1287,7448,0217,6887,0817,0816,7114,3124,0734,492
Book Value10,99010,63310,38810,1719,8419,0468,5966,8374,3953,311
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name AvalonBay Communities, Inc.
Country United States
Employees 3,122
CEO Timothy J. Naughton

Stock Information

Ticker Symbol AVB
Stock Exchange New York Stock Exchange
Sector Real Estate
Industry REIT—Residential
Unique Identifier NYSE: AVB
IPO Date March 10, 1994

Description

As of June 30, 2020, the Company owned or held a direct or indirect ownership interest in 295 apartment communities containing 86,380 apartment homes in 11 states and the District of Columbia, of which 19 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 Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the Expansion Markets).