|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||182.01 - 184.27|
|52 Week Range||152.65 - 191.91|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||30.79|
|Earnings Date||Feb 4, 2019|
|Forward Dividend & Yield||5.88 (3.30%)|
|1y Target Est||196.29|
AvalonBay Communities, Inc. announced today the final income allocations of the Company’s 2018 dividend distributions on its Common Stock. The final inc
Despite the evidence that real estate investment trusts (REITs) actually do well during periods of tightening, the sector has been hit particularly hard as the Federal Reserve has ratcheted-up rates. Over the last six months, the Vanguard Real Estate ETF (NYSEARCA:VNQ) is down by roughly 5%. That decline plays into the idea that when rates rise, REITs fall before snapping back. The only problem is market volatility has prevented the snap-back. That's left plenty of big-time and high-yielding bargains in the sector. And with the rising market volatility, the Fed may be stepping off the brakes. Already, Chairman Jerome Powell has turned a bit dovish and the lack of inflation means that the Fed doesn't need to tame the economy like it was doing. For investors, this could be the go-ahead for many high-yielding sectors, including REITs. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Top 10 Global Stock Ideas for 2019 From RBC Capital With that, here are five REITs to buy that could run-up big for the rest of the year. ### Digital Realty Trust (DLR) Source: Shutterstock Dividend Yield: 3.79% There's no denying that the world continues to become more digital. Technology has invaded our lives like never before. And all of that, from cloud computing to mobile commerce, requires one thing. And that's tons and tons of server computers. The problem is owning specialized buildings and all that necessary hardware to keep them running is a very expensive proposition for many firms. This is especially true for smaller startups. That's where Digital Realty Trust (NYSE:DLR) comes in. DLR owns over 195 data centers across the globe. Here, the REIT hosts firms' web and cloud services, keeps the data centers cool and running smoothly, then sits back and collects a fee from its tenants. Those tenants include a who's who of some of the largest corporations on the planet. Top customers include AT&T (NYSE:T), Snap (NASDAQ:SNAP) and Oracle (NASDAQ:ORCL). The continued need for more data hosting has only benefited DLR over the long run. Since 2005, Digital Realty's core funds from operations -- the key metric of a REIT's health -- has grown at a CAGR of 13%. Those gains have led to 13 years' worth of dividend increases. Today, DLR yields close to 4%. With the future becoming more tech-focused, DLR could be one of the best REITs to hold for the long haul. ### Ventas (VTR) Source: Seattle Municipal Archives Via Flickr Dividend Yield: 5.23% If technology adoption is one of the biggest trends out there, then rising healthcare demand could be another. Our population continues to get larger and older as new drugs and therapies keep us alive. It stands to reason that more healthcare demand will require more places to provide care. Some of the best opportunities for investors could be with those firms that own all the real estate related to hospitals, doctors' offices, senior living facilities, etc. Ventas, Inc. (NYSE:VTR) is an elder statesmen of healthcare REITs. VTR owns roughly 1,200 different medically related buildings. The best part is that Ventas doesn't really deal with any of the regulation, drug pricing or costs related to healthcare. It simply owns the hospital building. That frees it from all the hassles that come along with medicine. Even better is that VTR has pivoted its portfolio toward life science and research, partnering with some of the largest medical schools/labs in the country. This provides it with high rents and long leases. All in all, VTR's focus has allowed it to scale-up and provide plenty of dividend growth and returns for investors. Since 2001, Ventas has been able to grow its dividend by 8% annually. Today, VTR yields a healthy 5.23%. * 10 Growth Stocks With the Future Written All Over Them Given the continued demand for healthcare, REITs like Ventas have plenty of opportunities to keep growing over the long haul. For investors, VTR stock makes a great addition to any portfolio. ### Extra Space Storage, Inc. (EXR) Source: Shutterstock Dividend Yield: 3.76% Americans have a lot of stuff. The job of providing a place to stash our Christmas decorations, R.V.s and vintage beanie babies falls to a subset of REITs that own self-storage facilities. At first glance, REITs like Extra Space Storage, Inc. (NYSE:EXR) seem pretty boring. That is until you realize the sheer amount of growth behind them. EXR has benefited from the last recession in spades and America's housing crisis. For starters, the trend toward downsizing has created a real space crunch for many people. People are buying smaller homes and many retiring Baby Boomers are looking to cash out the equity in the residences. But still, they are keeping much of their possessions. Secondly, while credit trends have improved, it's still pretty hard to buy a home in many areas. This has created a nation of renters. Extra Space Storage and its rivals have capitalized on this trend in a big way. The REIT owns a whopping 1,606 different self-storage facilitates across the country. And EXR continues to expand that portfolio via smart acquisitions. Most of the sector is owned by mom & pop operators, so there are plenty of opportunities to scale up. In doing that, Extra Space has steadily managed to grow its FFO and operating revenues. Since 2006, FFO at EXR has managed to surge by more than 600%. That beats the pants off its rivals. With strong annual dividend growth and continued high occupancy, EXR could be one of the top REITs to own over the next few years. ### AvalonBay Communities Inc. (AVB) Source: lee via Flickr Dividend Yield: 3.27% Speaking of the nation of renters, demand for apartments, townhomes and other multifamily units has continued to surge. So much so, that rents are expected to surge by more than inflation once again in 2019. This has been a boon for apartment REITs like AvalonBay Communities Inc. (NYSE:AVB). AVB owns 84,490 apartment homes, making it one of the largest landlords in the entire country. Moreover, it has been pruning its portfolio and adding new construction to some of the fastest/strongest areas of the country. Today, the vast bulk of its holdings exist in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest and Northern and Southern California. This has allowed Avalon to see strong occupancy rates and rent growth over the last few years. For the first three quarters of 2018, rents have grown by more than 2.4% -- a number that even beat AVB's own projections. This has naturally translated to strong FFO and dividend growth for the REIT. Since its IPO, AVB has managed to grow its dividend by an average of 5.3% per year. That's not shabby at all considering the sheer size of the firm and the number of apartments it owns. All in all, that dividend growth as well as capital appreciation has managed to produce a steady 13% annual return for investors in the REIT. * 7 Bankruptcy Stocks to Watch in 2019 And given the trends in leasing and renter growth, there's no reason why AVB can't keep the streak going. ### iShares Core U.S. REIT ETF (USRT) Dividend Yield: 4.46% Given the sheer number of bargains among REITs today, a broad approach may be best. And you can't get better than the iShares Core U.S. REIT ETF (NYSEARCA:USRT). In its short history, the ETF has proven to be a winner for investors. USRT tracks the FTSE NAREIT Equity REITs Index, which is one of the gold standards when it comes benchmarking the sector. The ETF owns more than 150 different large- and mid-cap REITs. This extensive coverage includes exposure to industry stalwarts like Simon Property Group Inc (NYSE:SPG) and Boston Properties, Inc. (NYSE:BXP). It also hits all the main property types: apartment buildings, medical, offices, retail, etc. That comes all within one ticker. What it does not include is so-called mortgage REITs, which own paper and loan money to builders and developers. This broad exposure makes USRT a perfect way for investors to add REITs to their portfolio. Performance for the fund has been pretty good as well. Over the last ten years, USRT has managed to produce an 11.35% average annual return. With nearly $1 billion in assets, swift trading volume and a low 0.08% expense ratio, USRT makes a great addition to play the rise in REITs. As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post 5 REITs to Buy for Big-Time Gains This Year appeared first on InvestorPlace.
# AvalonBay Communities Inc ### NYSE:AVB View full report here! ## Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for AVB with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AVB. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $12.81 billion over the last one-month into ETFs that hold AVB are among the highest of the last year, but the rate of growth is slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Positive The current level displays a positive indicator. AVB credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
AVALONBAY COMMUNITIES, INC. will release its fourth quarter 2018 earnings on February 4, 2019 after the market close. The Company will hold a conference call on February 5, 2019 at 11:00 AM Eastern Time to discuss its fourth quarter 2018 results.
The move is a strategic fit as it offers Essex Property Trust (ESS) the scope to use the proceeds to support its development requirements, buyout as well as pay back debt and buyback shares.
AvalonBay Communities' (AVB) stake sale in Manhattan apartment communities indicates its success in efficiently monetizing considerable part of the company's investments in these properties.
AVALONBAY COMMUNITIES, INC. (AVB) (the “Company”) announced today that it completed the previously announced contribution of its fee ownership of Avalon Morningside Park, Avalon Bowery Place I, and Avalon Bowery Place II, as well as of its leasehold interest in Avalon West Chelsea and AVA High Line, to a newly formed joint venture with an institutional client of global real estate investment manager, Invesco Real Estate. AvalonBay retained a 20% interest in the venture and is acting as the managing member of the venture and property manager for the assets. The transaction was based on an aggregate asset valuation for the contributed assets of approximately $760 million.
AvalonBay Communities (AVB) will benefit from its high-quality assets, favorable demographics and household formation amid recovering economy and job gains. Yet, high supply is a key concern.
Does AvalonBay Communities Inc (NYSE:AVB) represent a good buying opportunity at the moment? Let’s briefly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on research activities, so it is no wonder why they tend to generate millions in […]
Onni Group, a Canadian developer with more than 10,000 homes in its pipeline, has set its sights on Emeryville for its first Bay Area proposal.
AvalonBay Communities, Inc. (AVB) a leading apartment REIT, today announced it has been honored with a Glassdoor Employees’ Choice Award, a list of the top 100 Best Places to Work in 2019. The Employees’ Choice Awards program, now in its 11th year, relies solely on the input of employees, who elect to provide feedback on their jobs, work environments and companies on Glassdoor, one of the world’s largest job and recruiting sites. “We are honored to be recognized among the top 100 Best Places to Work for the second consecutive year,” said Tim Naughton, AvalonBay Chairman and CEO.
Midpoint of the latest rental revenue growth outlook for Q4 provided by AvalonBay Communities (AVB) marks a 15-bp expansion from the prior projection.
AVALONBAY COMMUNITIES, INC. announced today its expectation with respect to Established Communities rental revenue growth for the three months ending December 31, 2018.
AvalonBay (AVB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
AvalonBay Communities, Inc. announced today that its Board of Directors declared a cash dividend on the Company’s Common Stock for the fourth quarter of 2018.
AvalonBay Communities, Inc. (AVB) – AvalonBay, a leading multifamily real estate investment trust (REIT), today announced that it received the Gary E. Bird Horizon Award at the 38th International Risk Management Institute Inc.’s (IRMI) Construction Risk Conference held on November 5, 2018. Michael Feigin, AvalonBay’s Chief Construction Officer, and Jeffrey Hutchens, AvalonBay’s Senior Director of Safety, accepted the award on behalf of the Company’s innovative loss prevention program designed to eliminate construction site fires on wood frame multifamily projects.
Its new product, launching Nov. 12, curates all local transportation options for a specific group of smartphone owners.