AvalonBay Communities (AVB) Stock Price, News & Analysis

Company Overview

AvalonBay Communities, Inc. is a real estate investment trust, which engages in the development, acquisition, ownership, and operation of multifamily communities. It operates through the following segments: Same Store, Other Stabilized, and Development or Redevelopment. The Same Store segment refers to the operating communities that were owned and had stabilized occupancy. The Other Stabilized segment includes all other complete communities that have stabilized occupancy. The Development or Redevelopment segment consists of communities that are under construction. The company was founded by Gilbert M. Meyer in 1978 and is headquartered in Arlington, VA.

Key Stats

• Today's Range: $217.25 to $218.84
• 50-Day Range: $211.07 to $237.81
• 52-Week Range: $169.37 to $239.29
• Volume: 553,916 shs
• Average Volume: 517,710 shs
• Market Capitalization: $31.04 billion
• P/E Ratio: 29.85
• Dividend Yield: 3.12%
• Price Target: $234.53
• Consensus Rating: Moderate Buy

AvalonBay Communities Stock Analysis - MarketRank™

AvalonBay Communities scored higher than 78% of companies evaluated by MarketBeat, and ranked 310th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AvalonBay Communities has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 8 buy ratings, 8 hold ratings, and no sell ratings.

Amount of Analyst Coverage

AvalonBay Communities has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 4.80%

Earnings Growth

Earnings for AvalonBay Communities are expected to grow by 4.80% in the coming year, from $11.04 to $11.57 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AvalonBay Communities is 29.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of AvalonBay Communities is 29.85, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 25.24.

Price to Earnings Growth Ratio

AvalonBay Communities has a PEG Ratio of 2.94. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

AvalonBay Communities has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.22% of the outstanding shares of AvalonBay Communities have been sold short.

Short Interest Ratio / Days to Cover

AvalonBay Communities has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in AvalonBay Communities has recently increased by 10.49%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

AvalonBay Communities pays a meaningful dividend of 3.23%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

AvalonBay Communities does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of AvalonBay Communities is 93.02%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, AvalonBay Communities will have a dividend payout ratio of 58.77% next year. This indicates that AvalonBay Communities will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -3.12

Percentage of Shares Shorted

2.22% of the outstanding shares of AvalonBay Communities have been sold short.

Short Interest Ratio / Days to Cover

AvalonBay Communities has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in AvalonBay Communities has recently increased by 10.49%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.87

News Sentiment

AvalonBay Communities has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for AvalonBay Communities this week, compared to 9 articles on an average week.

Search Interest

Only 2 people have searched for AVB on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

3 people have added AvalonBay Communities to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, AvalonBay Communities insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,061,115.00 in company stock.

Percentage Held by Insiders

Only 0.48% of the stock of AvalonBay Communities is held by insiders.

Percentage Held by Institutions

92.61% of the stock of AvalonBay Communities is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AVB Stock Analysis - Frequently Asked Questions

How have AVB shares performed this year?

AvalonBay Communities' stock was trading at $219.97 at the start of the year. Since then, AVB shares have decreased by 0.8% and is now trading at $218.2090.
View the best growth stocks for 2025 here.

How were AvalonBay Communities' earnings last quarter?

AvalonBay Communities, Inc. (NYSE:AVB) released its quarterly earnings results on Monday, November, 4th. The real estate investment trust reported $2.61 earnings per share for the quarter, missing the consensus estimate of $2.71 by $0.10. The real estate investment trust earned $734.31 million during the quarter, compared to the consensus estimate of $731.67 million. AvalonBay Communities had a trailing twelve-month return on equity of 8.84% and a net margin of 36.20%.
Read the conference call transcript.

Who are AvalonBay Communities' major shareholders?

Top institutional investors of AvalonBay Communities include Nordea Investment Management AB (0.22%), Nisa Investment Advisors LLC (0.05%), Janney Montgomery Scott LLC (0.04%) and Contravisory Investment Management Inc. (0.03%). Insiders that own company stock include Timothy J Naughton, Matthew H Birenbaum, Kevin P O'shea, Joanne M Lockridge and Keri A Shea.
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.

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 American Water Works (AWK), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 11/04/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Dividend Payable: 1/15/2025
• Today: 1/20/2025
• Next Earnings (Confirmed): 2/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Residential REITs
• Current Symbol: NYSE:AVB
• CUSIP: 05348410
• CIK: 915912
• Web: www.avalonbay.com
• Phone: (703) 329-6300
• Fax: 513-389-4634
• Employees: 3,039
• Year Founded: 1978

Price Target and Rating

• Average Stock Price Target: $234.53
• High Stock Price Target: $262.00
• Low Stock Price Target: $191.00
• Potential Upside/Downside: +7.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $7.31
• Trailing P/E Ratio: 29.85
• Forward P/E Ratio: 19.77
• P/E Growth: 2.94
• Net Income: $928.83 million
• Net Margins: 36.20%
• Pretax Margin: 36.32%
• Return on Equity: 8.84%
• Return on Assets: 4.98%

Debt

• Debt-to-Equity Ratio: 0.70
• Current Ratio: 1.64
• Quick Ratio: 1.64

Sales & Book Value

• Annual Sales: $2.77 billion
• Price / Sales: 11.21
• Cash Flow: $13.02 per share
• Price / Cash Flow: 16.76
• Book Value: $82.97 per share
• Price / Book: 2.63

Miscellaneous

• Outstanding Shares: 142,240,000
• Free Float: 141,554,000
• Market Cap: $31.04 billion
• Optionable: Optionable
• Beta: 0.99