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NYSE:AVB

AvalonBay Communities (AVB) Stock Price, News & Analysis

$223.60
-2.92 (-1.29%)
(As of 09/6/2024 ET)
Today's Range
$220.50
$223.82
50-Day Range
$200.95
$227.18
52-Week Range
$160.45
$230.04
Volume
1.87 million shs
Average Volume
722,278 shs
Market Capitalization
$31.79 billion
P/E Ratio
33.27
Dividend Yield
3.04%
Price Target
$214.47

AvalonBay Communities MarketRank™ Stock Analysis

Analyst Rating
Hold
2.39 Rating Score
Upside/​Downside
4.1% Downside
$214.47 Price Target
Short Interest
Healthy
1.06% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.12
Upright™ Environmental Score
News Sentiment
0.88mentions of AvalonBay Communities in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$1.46 M Sold Last Quarter
Proj. Earnings Growth
4.82%
From $11.00 to $11.53 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.

4.22 out of 5 stars

Finance Sector

133rd out of 871 stocks

Real Estate Investment Trusts Industry

12th out of 178 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

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Developer starts work on Brewers Hill apartment tower
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
AvalonBay: Limited Upside And Overvalued
AvalonBay Communities, Inc. (NYSE:AVB) Short Interest Update
See More Headlines
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Company Calendar

Ex-Dividend for 7/15 Dividend
6/28/2024
Dividend Payable
7/15/2024
Last Earnings
7/31/2024
Today
9/07/2024
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
$214.47
High Stock Price Target
$255.00
Low Stock Price Target
$179.00
Potential Upside/Downside
-4.1%
Consensus Rating
Hold
Rating Score (0-4)
2.39
Research Coverage
18 Analysts

Profitability

Net Income
$928.83 million
Pretax Margin
29.85%

Debt

Sales & Book Value

Annual Sales
$2.84 billion
Cash Flow
$12.46 per share
Book Value
$82.56 per share

Miscellaneous

Free Float
141,589,000
Market Cap
$31.79 billion
Optionable
Optionable
Beta
0.97

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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 has a strong market presence in 12 states and the District of Columbia, owning or holding interests in 299 apartment communities with 90,669 apartment homes.
  • The company's stock price has shown positive performance, trading at $221.73 on the latest trading day, indicating potential growth.
  • AvalonBay Communities is an equity Real Estate Investment Trust (REIT), offering investors the opportunity to benefit from rental income and potential capital appreciation.
  • The company has a diverse geographic footprint, operating in leading metropolitan areas across various regions in the United States, providing stability and growth opportunities.
  • AvalonBay Communities has received favorable ratings from analysts, with an average target price of $211.12, suggesting potential upside for investors.

Cons

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

  • The company's stock has a PE ratio of 33.00, which may indicate that the stock is relatively expensive compared to industry peers.
  • AvalonBay Communities' P/E/G ratio of 3.09 suggests that the stock may be overvalued based on its growth prospects.
  • The current ratio of 1.07 and debt-to-equity ratio of 0.71 may raise concerns about the company's liquidity and financial leverage.
  • Recent insider selling activity, including significant sales by company executives, could signal lack of confidence in the stock's future performance.
  • While the company has a neutral to overweight rating from analysts, the presence of hold ratings may indicate limited short-term catalysts for stock price appreciation.
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 Sunday, August 25, 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 on January 1st, 2024. Since then, AVB shares have increased by 19.4% and is now trading at $223.60.
View the best growth stocks for 2024 here
.

How were AvalonBay Communities' earnings last quarter?

AvalonBay Communities, Inc. (NYSE:AVB) released its quarterly earnings data on Wednesday, July, 31st. The real estate investment trust reported $1.78 EPS for the quarter, missing the consensus estimate of $2.71 by $0.93. The real estate investment trust had revenue of $726.04 million for 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
.

What is Timothy J. Naughton's approval rating as AvalonBay Communities' CEO?

420 employees have rated AvalonBay Communities Chief Executive Officer Timothy J. Naughton on Glassdoor.com. Timothy J. Naughton has an approval rating of 90% among the company's employees.

Who are AvalonBay Communities' major shareholders?

AvalonBay Communities' top institutional investors 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 9/7/2024 by MarketBeat.com Staff

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