AvalonBay Communities Statistics
Total Valuation
AVB has a market cap or net worth of $26.79 billion. The enterprise value is $34.40 billion.
| Market Cap | 26.79B |
| Enterprise Value | 34.40B |
Important Dates
The next confirmed earnings date is Thursday, April 25, 2024, after market close.
| Earnings Date | Apr 25, 2024 |
| Ex-Dividend Date | Mar 27, 2024 |
Share Statistics
AVB has 142.03 million shares outstanding. The number of shares has increased by 1.51% in one year.
| Shares Outstanding | 142.03M |
| Shares Change (YoY) | +1.51% |
| Shares Change (QoQ) | -0.00% |
| Owned by Insiders (%) | 0.36% |
| Owned by Institutions (%) | 95.02% |
| Float | 141.02M |
Valuation Ratios
The trailing PE ratio is 28.76 and the forward PE ratio is 38.28. AVB's PEG ratio is 5.03.
| PE Ratio | 28.76 |
| Forward PE | 38.28 |
| PS Ratio | 9.68 |
| Forward PS | 9.21 |
| PB Ratio | 2.27 |
| P/FCF Ratio | 109.36 |
| PEG Ratio | 5.03 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.53, with an EV/FCF ratio of 140.39.
| EV / Earnings | 37.03 |
| EV / Sales | 12.43 |
| EV / EBITDA | 17.53 |
| EV / EBIT | 30.04 |
| EV / FCF | 140.39 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.69 |
| Debt / EBITDA | 4.15 |
| Debt / FCF | 33.20 |
| Interest Coverage | 5.56 |
Financial Efficiency
Return on equity (ROE) is 8.00% and return on invested capital (ROIC) is 4.19%.
| Return on Equity (ROE) | 8.00% |
| Return on Assets (ROA) | 4.50% |
| Return on Capital (ROIC) | 4.19% |
| Revenue Per Employee | $910,796 |
| Profits Per Employee | $305,635 |
| Employee Count | 3,039 |
| Asset Turnover | 0.13 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, AVB has paid $10.15 million in taxes.
| Income Tax | 10.15M |
| Effective Tax Rate | 1.08% |
Stock Price Statistics
The stock price has increased by +9.00% in the last 52 weeks. The beta is 0.93, so AVB's price volatility has been similar to the market average.
| Beta (1Y) | 0.93 |
| 52-Week Price Change | +9.00% |
| 50-Day Moving Average | 181.41 |
| 200-Day Moving Average | 179.79 |
| Relative Strength Index (RSI) | 60.86 |
| Average Volume (30 Days) | 794,383 |
Short Selling Information
The latest short interest is 1.47 million, so 1.04% of the outstanding shares have been sold short.
| Short Interest | 1.47M |
| Short Previous Month | 1.70M |
| Short % of Shares Out | 1.04% |
| Short % of Float | 1.05% |
| Short Ratio (days to cover) | 1.96 |
Income Statement
In the last 12 months, AVB had revenue of $2.77 billion and earned $928.83 million in profits. Earnings per share was $6.56.
| Revenue | 2.77B |
| Gross Profit | 1.78B |
| Operating Income | 843.68M |
| Pretax Income | 938.98M |
| Net Income | 928.83M |
| EBITDA | 1.96B |
| EBIT | 1.14B |
| Earnings Per Share (EPS) | $6.56 |
Balance Sheet
The company has $530.96 million in cash and $8.14 billion in debt, giving a net cash position of -$7.60 billion or -$53.54 per share.
| Cash & Cash Equivalents | 530.96M |
| Total Debt | 8.14B |
| Net Cash | -7.60B |
| Net Cash Per Share | -$53.54 |
| Equity / Book Value | 11.78B |
| Book Value Per Share | 82.97 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $1.56 billion and capital expenditures -$1.32 billion, giving a free cash flow of $245.02 million.
| Operating Cash Flow | 1.56B |
| Capital Expenditures | -1.32B |
| Free Cash Flow | 245.02M |
| FCF Per Share | $1.73 |
Margins
Gross margin is 64.30%, with operating and profit margins of 30.48% and 33.56%.
| Gross Margin | 64.30% |
| Operating Margin | 30.48% |
| Pretax Margin | 33.92% |
| Profit Margin | 33.56% |
| EBITDA Margin | 70.88% |
| EBIT Margin | 41.37% |
| FCF Margin | 8.85% |
Dividends & Yields
This stock pays an annual dividend of $6.80, which amounts to a dividend yield of 3.60%.
| Dividend Per Share | $6.80 |
| Dividend Yield | 3.60% |
| Dividend Growth (YoY) | 3.58% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 103.66% |
| Buyback Yield | -1.51% |
| Shareholder Yield | 2.09% |
| Earnings Yield | 3.47% |
| FCF Yield | 0.91% |
Analyst Forecast
The average price target for AVB is $193.11, which is 2.36% higher than the current price. The consensus rating is "Buy".
| Price Target | $193.11 |
| Price Target Difference | 2.36% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | 6.37% |
| EPS Growth Forecast (5Y) | 3.89% |
Stock Splits
The last stock split was on January 7, 2013. It was a reverse split with a ratio of 8:9.
| Last Split Date | Jan 7, 2013 |
| Split Type | Reverse |
| Split Ratio | 8:9 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |