|Bid||157.90 x 800|
|Ask||187.00 x 800|
|Day's Range||157.29 - 162.55|
|52 Week Range||118.17 - 229.40|
|Beta (5Y Monthly)||0.83|
|PE Ratio (TTM)||28.58|
|Earnings Date||Jul 29, 2020|
|Forward Dividend & Yield||6.36 (3.98%)|
|Ex-Dividend Date||Jun 29, 2020|
|1y Target Est||177.29|
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) will release its second quarter 2020 earnings on July 29, 2020 after the market close. The Company will hold a conference call on July 30, 2020 at 1:00 PM Eastern Time (ET) to discuss its second quarter 2020 results.
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]
Equity Residential (EQR) notes that with increased activity it has witnessed improvements in physical occupancy, quarter to date, while residential cash collections remains strong in May.
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the "Company") announced today that through May 31, 2020, billed residential rent collections for the month of May 2020 represent 95% of the Company’s average billed residential rent collections rate at month end for the twelve months ending March 31, 2020.
Amid the ongoing pandemic-led issues, AvalonBay (AVB) boosts its liquidity and addresses its near-term debt maturities with a $600-million unsecured note offering.
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the "Company") announced today that on May 22, 2020 it completed a $600 million offering of unsecured notes (the "Notes") with a maturity of January 15, 2031 under its existing shelf registration statement. Details of the transaction are set forth in the table below:
AvalonBay Communities, Inc. (NYSE: AVB) announced today that its Board of Directors declared a cash dividend on the Company’s Common Stock (par value $0.01 per share) for the second quarter of 2020. The Common Stock dividend is $1.59 per share and is payable July 15, 2020 to all Common Stockholders of Record as of June 30, 2020.
AvalonBay's (AVB) Q1 results highlight year-over-year increase in average rental rates and economic occupancy. The company also apprises about rent collections for April.
AvalonBay (AVB) delivered FFO and revenue surprises of -0.42% and -0.04%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
AvalonBay Communities, Inc. (NYSE: AVB) (the "Company") reported today that Net Income Attributable to Common Stockholders for the three months ended March 31, 2020 was $167,971,000. This resulted in a decrease in Earnings per Share – diluted ("EPS") for the three months ended March 31, 2020 of 3.3% to $1.19 from $1.23 for the prior year period.
As the underlying asset categories and location of properties play a crucial role in determining REITs' performance, not all REIT types were equally challenged by the coronavirus pandemic in Q1.
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) today announced that its Board of Directors has determined to transition the location of the 2020 Annual Meeting of Stockholders (the "Annual Meeting") after considering a Virginia stay-at-home executive order and the national public health impact of COVID-19. The Annual Meeting will still be held on Tuesday, May 12, 2020, at 8:00 a.m. Eastern Time but it will be held in a virtual meeting format via audio webcast only. Stockholders will not be able to attend the Annual Meeting physically but will be able to vote and submit questions online during the meeting. Stockholders who have already authorized a proxy to vote their shares or who have responded to a voting instruction form from their bank or broker do not need to take any additional action.
Conference call time in first paragraph, second sentence of release dated April 13, 2020, should read: 12:00 PM Eastern Time (instead of 11:00 AM Eastern Time). Dates available in the Details for the Replay of the Conference Call should read: May 7, 2020 at 5:00 PM ET to May 14, 2020 at 5:00 PM ET (instead of May 7, 2020 at 4:00 PM ET to May 14, 2020 at 4:00 PM ET).
AvalonBay Communities bought a development site in the Coral Way neighborhood of Miami for $12.9 million. M-3811 Shipping Owner LLC, an affiliate of Miami-based Mast Capital, sold the 1.02-acre site at 3811 Shipping Ave. to Avalon Merrick Park LLC, part of AvalonBay Communities. Mast Capital remains a partner in the project.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of AvalonBay Communities, Inc. New York, March 31, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of AvalonBay Communities, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the "Company") today announced that it has taken various actions to mitigate the effect on its residents, associates and business from the national emergency that has arisen as a result of the coronavirus pandemic.