206.54 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||206.72 x 800|
|Ask||206.78 x 800|
|Day's Range||206.17 - 209.13|
|52 Week Range||167.01 - 214.10|
|Beta (3Y Monthly)||0.54|
|PE Ratio (TTM)||31.27|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||6.08 (2.93%)|
|1y Target Est||216.67|
This year is shaping up to be one of the hottest for multifamily sales across metro Denver. With the big sale of Union Denver, record-setting portfolio deals and plenty of recent activity in the suburbs, brokers are saying they’ve never been busier. “Calls are coming in on a weekly basis with interest in this market,” said Terrance Hunt, vice chairman of Newmark Knight Frank’s multifamily team.
Essex Property (ESS) will likely benefit from its strong property base in West Coast, solid balance sheet, favorable demographics, stable economy and job gains.
Real-estate investment trusts have been on a tear this year, notching a nearly 20% gain that has made some look fully valued just as investors turn to them for shelter from recent market storms. Rental-housing REITs look solid to some, however.
The Zacks Analyst Blog Highlights: Unitil, Alliant Energy, MGM, Mid-America Apartment, Brixmor and AvalonBay
Apartment Investment and Management Company (AIV) witnesses decline in revenues due to lost contribution from the Asset Management business sale.
As widely expected, the Federal Reserve cut interest rates by 25 bps for the first time since the 2008 financial crisis. We have highlighted ETFs & stocks from sectors that are expected to skyrocket on lower rates.
AvalonBay (AVB) delivered FFO and revenue surprises of -1.73% and 0.80%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
AvalonBay Communities, Inc. reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2019 was $168,281,000.
SEATTLE, July 31, 2019 /PRNewswire/ -- WhyHotel, an alternative lodging service that operates pop-up hotels in newly built, luxury apartment buildings, today announced plans to launch a new pop-up hotel in Seattle, Washington, highlighting the company's continued efforts to expand on the West Coast, after recently announcing an office opening in San Francisco. WhyHotel's Seattle pop-up will be located in the Avalon Belltown Towers property on 210 Wall Street, Seattle, WA, 98121, between 2nd and 3rd Avenues. The vibrant Belltown neighborhood provides immediate access to both Downtown Seattle and South Lake Union, as well as the waterfront, Pike Place Market, and the Olympic Sculpture Park.
AvalonBay (AVB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Despite elevated supply, AvalonBay's (AVB) Q2 earnings will likely benefit from healthy demand on the back of favorable demographics, household formation, stable economy and job-market gains.
Essex Property's (ESS) Q2 performance reflects growth in same-property net operating income, backed by healthy operating fundamentals in the West Coast market.