|Bid||157.00 x 900|
|Ask||0.00 x 800|
|Day's Range||183.50 - 185.99|
|52 Week Range||152.65 - 188.91|
|PE Ratio (TTM)||29.35|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||5.88 (3.21%)|
|1y Target Est||188.65|
AvalonBay Communities, Inc. announced today that its Board of Directors declared a cash dividend on the Company’s Common Stock for the third quarter of 2018.
As renters flee San Francisco and Silicon Valley, one developer is hoping to pull the expats to an unexpected place: Union City. Windflower Properties LLC recently started leasing out Union Flats, a 243-unit apartment development next to BART at 34588 11th St. Starting prices range from $2,315 to $3,310 for one- or two-bedroom units. In San Francisco, the median rental price for a one-bedroom is $3,680, while a two-bedroom goes for $4,113.
A measure on the November ballot could eliminate the current ban on rent control in California opening up uncertainties for landlords, especially large publicly traded companies that own thousands of apartments in the state.
AvalonBay (AVB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NEW YORK, NY / ACCESSWIRE / July 31, 2018 / AvalonBay Communities, Inc. (NYSE: AVB ) will be discussing their earnings results in their Q2 Earnings Call to be held on July 31, 2018 at 11:00 AM Eastern ...
AvalonBay Communities' (AVB) Q2 results highlight growth in revenues from stabilized operating communities and development communities.
NEW YORK, July 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Solar ...
AvalonBay (AVB) delivered earnings and revenue surprises of 0.91% and 0.68%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
ARLINGTON, Va. (AP) _ AvalonBay Communities Inc. (AVB) on Monday reported a key measure of profitability in its second quarter. The real estate investment trust, based in Arlington, Virginia, said it had funds from operations of $305.8 million, or $2.21 per share, in the period. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of $2.19 per share.
AvalonBay Communities, Inc. reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2018 was $254,662,000.
With a TTM (trailing-12-month) price-to-FFO multiple of 20.1x, Equity Residential (EQR) currently trades at a premium to its peers. Its competitors AvalonBay Communities (AVB), Camden Property (CPT), and UDR (UDR) have TTM price-to-FFO multiples of 19.8x, 19.7x, and 19.6x, respectively. Equity Residential is also trading at a premium to its peers on the basis of Wall Street’s 2018 FFO expectations.
Equity Residential’s (EQR) second-quarter top line beat Wall Street estimates and marked a YoY (year-over-year) improvement, mainly driven by increased same-store revenues. Its same-store revenues, which include 72,629 apartment units, rose 2.2% YoY to $599.6 million.
On July 25, Equity Residential (EQR) posted FFO (funds from operations) of $0.81 for Q2 2018, beating Wall Street’s expectations by a penny and exceeding the mid-point of management’s guidance of $0.77–$0.81. That marked an improvement of $0.04 (or 5.2%) from FFO of $0.77 in Q2 2017. Increased rentals, higher occupancy rates, and upside margins benefited its second-quarter bottom-line results.
While rising interest rates remains a concern for REITs, healthy macro-economic condition will have partly muted its impact in Q2. Let's see what's in store for ARE, AVB, SBAC, SPG, UDR and VNO.