AvalonBay Communities, Inc. (AVB)
- Previous Close
191.32 - Open
193.80 - Bid 190.79 x 900
- Ask 192.17 x 800
- Day's Range
191.23 - 196.07 - 52 Week Range
160.45 - 198.66 - Volume
933,214 - Avg. Volume
796,341 - Market Cap (intraday)
27.221B - Beta (5Y Monthly) 0.93
- PE Ratio (TTM)
29.18 - EPS (TTM)
6.56 - Earnings Date Apr 26, 2024
- Forward Dividend & Yield 6.80 (3.55%)
- Ex-Dividend Date Mar 27, 2024
- 1y Target Est
197.31
As of December 31, 2023, the Company owned or held a direct or indirect ownership interest in 299 apartment communities containing 90,669 apartment homes in 12 states and the District of Columbia, of which 18 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 regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.
www.avalonbay.com2,978
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: AVB
Performance Overview: AVB
Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: AVB
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: AVB
Valuation Measures
Market Cap
27.22B
Enterprise Value
34.96B
Trailing P/E
29.18
Forward P/E
39.06
PEG Ratio (5yr expected)
5.24
Price/Sales (ttm)
9.80
Price/Book (mrq)
2.31
Enterprise Value/Revenue
12.63
Enterprise Value/EBITDA
17.82
Financial Highlights
Profitability and Income Statement
Profit Margin
33.40%
Return on Assets (ttm)
2.73%
Return on Equity (ttm)
8.06%
Revenue (ttm)
2.78B
Net Income Avi to Common (ttm)
927.16M
Diluted EPS (ttm)
6.56
Balance Sheet and Cash Flow
Total Cash (mrq)
403.14M
Total Debt/Equity (mrq)
69.03%
Levered Free Cash Flow (ttm)
1.26B
Research Analysis: AVB
Company Insights: AVB
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: AVB
Analyst Report: AvalonBay Communities, Inc.
AvalonBay Communities owns a portfolio of 281 apartment communities with over 87,000 units and is developing 18 additional properties with over 6,200 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.
RatingPrice TargetAnalyst Report: AvalonBay Communities, Inc.
AvalonBay Communities owns a portfolio of 281 apartment communities with over 87,000 units and is developing 18 additional properties with over 6,200 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.
RatingPrice TargetAnalyst Report: AvalonBay Communities, Inc.
AvalonBay Communities owns a portfolio of 281 apartment communities with over 87,000 units and is developing 18 additional properties with over 6,200 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.
RatingPrice TargetAnalyst Report: Avalonbay Communities Inc.
AvalonBay Inc. is a real estate investment trust that develops, owns, and operates apartment communities. The company focuses on upper-tier apartments. The company was founded in 1978 and reincorporated in 1995, when it began to focus on apartment communities. It currently has about 300 properties containing over 86,000 apartments, concentrated in high-wage regions. The company's portfolio is varied, with luxury high-rise urban buildings and smaller communities in suburban areas. The REIT's average same-store rent is just under $3,000 per month. The company has a concentration in New England, New York/New Jersey, and California, but has assets in 20 markets and 12 states. About 20% of same-store NOI is from Metro NY/NJ properties and 22% is from Southern California. First-ring suburban assets have performed well, and future expansion is focused on new suburban areas with ground-floor retail space. AVB shares are a component of the S&P 500 and the company's market cap is about $24 billion.
RatingPrice Target