Free Trial

AvalonBay Communities (AVB) Stock Price, News & Analysis

$233.40
-1.35 (-0.58%)
(As of 02:52 PM ET)
Today's Range
$232.42
$236.26
50-Day Range
$201.88
$234.75
52-Week Range
$160.45
$236.26
Volume
293,817 shs
Average Volume
729,065 shs
Market Capitalization
$33.19 billion
P/E Ratio
34.73
Dividend Yield
2.91%
Price Target
$219.94

AvalonBay Communities MarketRank™ Stock Analysis

Analyst Rating
Hold
2.37 Rating Score
Upside/​Downside
4.8% Downside
$222.24 Price Target
Short Interest
Healthy
1.28% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.12
Upright™ Environmental Score
News Sentiment
0.79mentions of AvalonBay Communities in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
$1.46 M Sold Last Quarter
Proj. Earnings Growth
4.90%
From $11.01 to $11.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.14 out of 5 stars

Finance Sector

265th out of 878 stocks

Real Estate Investment Trusts Industry

48th out of 177 stocks

AVB stock logo

About AvalonBay Communities Stock (NYSE:AVB)

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.

AVB Stock Price History

AVB Stock News Headlines

AvalonBay Communities (NYSE:AVB) Coverage Initiated at BNP Paribas
Avalonbay Communities Inc (A1VB34)
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
0HJO.IL,0P0001H9B1,0 (0HJO.IL)
AvalonBay Communities (NYSE:AVB) PT Raised to $225.00 at Evercore ISI
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Developer starts work on Brewers Hill apartment tower
AvalonBay: Limited Upside And Overvalued
See More Headlines
Receive AVB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for AvalonBay Communities and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
7/31/2024
Today
9/16/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Residential REITs
CUSIP
05348410
Employees
3,039
Year Founded
1978

Price Target and Rating

Average Stock Price Target
$219.94
High Stock Price Target
$255.00
Low Stock Price Target
$179.00
Potential Upside/Downside
-7.5%
Consensus Rating
Hold
Rating Score (0-4)
2.37
Research Coverage
19 Analysts

Profitability

Net Income
$928.83 million
Pretax Margin
29.85%

Debt

Sales & Book Value

Annual Sales
$2.84 billion
Cash Flow
$13.00 per share
Book Value
$82.97 per share

Miscellaneous

Free Float
141,589,000
Market Cap
$33.82 billion
Optionable
Optionable
Beta
0.97

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Should I Buy AvalonBay Communities Stock? AVB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in AvalonBay Communities, Inc.:

  • AvalonBay Communities, Inc. stock price has been consistently increasing, reaching $225.73 on the latest trading day, indicating positive momentum.
  • The company has a strong market capitalization of $32.10 billion, reflecting stability and potential for growth.
  • AvalonBay Communities, Inc. has a healthy current ratio of 1.07, showcasing its ability to meet short-term obligations.
  • The real estate investment trust's net margin of 29.61% indicates efficient management of costs and profitability.
  • Recent insider activity, such as executives selling shares, could be a sign of confidence in the company's future performance.

Cons

Investors should be bearish about investing in AvalonBay Communities, Inc. for these reasons:

  • AvalonBay Communities, Inc. reported an earnings per share of $1.78 for the latest quarter, missing the consensus estimate by a significant margin of $0.93, potentially raising concerns about its financial performance.
  • The company's price-to-earnings-growth ratio of 3.09 may indicate that the stock is overvalued compared to its growth prospects.
  • AvalonBay Communities, Inc. has a beta of 0.96, suggesting that the stock's price is less volatile compared to the overall market, which may limit potential returns for investors seeking higher risk-reward opportunities.
  • The debt-to-equity ratio of 0.71 implies that the company relies moderately on debt financing, which could pose risks in case of economic downturns or rising interest rates.
  • While the company has a 12-month high stock price of $226.18, the 50-day moving average price of $209.00 may indicate short-term price volatility or consolidation.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 10, 2024. Please send any questions or comments about these AvalonBay Communities pros and cons to contact@marketbeat.com.

AVB Stock Analysis - Frequently Asked Questions

How have AVB shares performed this year?

AvalonBay Communities' stock was trading at $187.22 at the start of the year. Since then, AVB shares have increased by 24.6% and is now trading at $233.36.
View the best growth stocks for 2024 here
.

How were AvalonBay Communities' earnings last quarter?

AvalonBay Communities, Inc. (NYSE:AVB) posted its quarterly earnings results on Wednesday, July, 31st. The real estate investment trust reported $1.78 earnings per share for the quarter, missing analysts' consensus estimates of $2.71 by $0.93. The real estate investment trust earned $726.04 million during the quarter, compared to analysts' expectations of $718.49 million. AvalonBay Communities had a trailing twelve-month return on equity of 7.16% and a net margin of 29.61%.
Read the conference call transcript
.

Who are AvalonBay Communities' major shareholders?

Top institutional investors of AvalonBay Communities include Principal Financial Group Inc. (3.34%), Legal & General Group Plc (1.63%), Dimensional Fund Advisors LP (1.46%) and Canada Pension Plan Investment Board (1.40%). Insiders that own company stock include Matthew H Birenbaum, Kevin P O'shea, Joanne M Lockridge, Keri A Shea, William M Mclaughlin and Edward M Schulman.
View institutional ownership trends
.

How do I buy shares of AvalonBay Communities?

Shares of AVB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of AvalonBay Communities own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AvalonBay Communities investors own include Bank of America (BAC), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Walmart (WMT) and Home Depot (HD).

This page (NYSE:AVB) was last updated on 9/16/2024 by MarketBeat.com Staff

From Our Partners