AvalonBay Communities Company Profile (NYSE:AVB)

About AvalonBay Communities (NYSE:AVB)

AvalonBay Communities logoAvalonBay Communities, Inc. is a real estate investment trust (REIT). The Company is focused on the development, redevelopment, acquisition, ownership and operation of multifamily communities primarily in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California. Its segments include Established Communities, Other Stabilized Communities and Development/Redevelopment Communities. As of June 30, 2017, the Company owned or held a direct or indirect ownership interest in 287 apartment communities containing 83,123 apartment homes in 10 states and the District of Columbia, of which 23 communities were under development and nine communities were under redevelopment. It operates its apartment communities under three core brands: Avalon, AVA and Eaves by Avalon. Its real estate investments consist of operating apartment communities, communities in various stages of development (Development Communities) and Development Rights.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Residential REITs
  • Sub-Industry: Residential REITs
  • Symbol: NYSE:AVB
  • CUSIP: 05348410
  • Web: www.avalonbay.com
Capitalization:
  • Market Cap: $25.01926 billion
  • Outstanding Shares: 137,712,000
Average Prices:
  • 50 Day Moving Avg: $181.42
  • 200 Day Moving Avg: $188.28
  • 52 Week Range: $158.32 - $199.52
P/E:
  • Trailing P/E Ratio: 24.95
  • Foreward P/E Ratio: 19.93
  • P/E Growth: 10.25
Sales & Book Value:
  • Annual Revenue: $2.05 billion
  • Price / Sales: 12.17
  • Book Value: $74.67 per share
  • Price / Book: 2.43
Dividend:
  • Annual Dividend: $5.68
  • Dividend Yield: 3.1%
Profitability:
  • EBITDA: $1.3 billion
  • Net Margins: 47.90%
  • Return on Equity: 9.88%
  • Return on Assets: 5.64%
Debt:
  • Debt-to-Equity Ratio: 0.68%
  • Current Ratio: 0.17%
  • Quick Ratio: 0.17%
Misc:
  • Average Volume: 711,985 shs.
  • Beta: 0.36
  • Short Ratio: 5.8
 

Frequently Asked Questions for AvalonBay Communities (NYSE:AVB)

What is AvalonBay Communities' stock symbol?

AvalonBay Communities trades on the New York Stock Exchange (NYSE) under the ticker symbol "AVB."

How often does AvalonBay Communities pay dividends? What is the dividend yield for AvalonBay Communities?

AvalonBay Communities declared a quarterly dividend on Thursday, September 14th. Stockholders of record on Friday, September 29th will be given a dividend of $1.42 per share on Monday, October 16th. This represents a $5.68 annualized dividend and a dividend yield of 3.13%. The ex-dividend date of this dividend is Thursday, September 28th. View AvalonBay Communities' Dividend History.

How were AvalonBay Communities' earnings last quarter?

AvalonBay Communities, Inc. (NYSE:AVB) announced its quarterly earnings results on Wednesday, August, 2nd. The company reported $2.09 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.14 by $0.05. The firm had revenue of $530.51 million for the quarter, compared to analyst estimates of $529.48 million. AvalonBay Communities had a return on equity of 9.88% and a net margin of 47.90%. During the same quarter in the previous year, the company posted $2.03 EPS. View AvalonBay Communities' Earnings History.

When will AvalonBay Communities make its next earnings announcement?

AvalonBay Communities is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for AvalonBay Communities.

What guidance has AvalonBay Communities issued on next quarter's earnings?

AvalonBay Communities issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $8.50-8.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $8.65. AvalonBay Communities also updated its Q3 guidance to $2.14.2.20 EPS.

Where is AvalonBay Communities' stock going? Where will AvalonBay Communities' stock price be in 2017?

17 equities research analysts have issued 1 year target prices for AvalonBay Communities' stock. Their predictions range from $178.00 to $220.00. On average, they expect AvalonBay Communities' stock price to reach $197.50 in the next twelve months. View Analyst Ratings for AvalonBay Communities.

Who are some of AvalonBay Communities' key competitors?

Who are AvalonBay Communities' key executives?

AvalonBay Communities' management team includes the folowing people:

  • Timothy J. Naughton, Chairman of the Board, President, Chief Executive Officer
  • Kevin P. O'Shea, Chief Financial Officer
  • Sean Joseph Breslin, Chief Operating Officer
  • Leo S. Horey III, Executive Vice President, Chief Administrative Officer
  • Edward M. Schulman, Executive Vice President, General Counsel, Secretary
  • William M. McLaughlin, Executive Vice President - Development
  • Stephen W. Wilson, Executive Vice President - Development
  • Keri A. Shea, Senior Vice President - Finance, Treasurer
  • Matthew H. Birenbaum, Chief Investment Officer
  • Michael M. Feigin, Chief Construction Officer

Who owns AvalonBay Communities stock?

AvalonBay Communities' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include PGGM Investments (1.19%), APG Asset Management N.V. (0.49%), Robeco Institutional Asset Management B.V. (0.06%), State Treasurer State of Michigan (0.03%), Mutual of America Capital Management LLC (0.02%) and Spirit of America Management Corp NY (0.01%). Company insiders that own AvalonBay Communities stock include Edward M Schulman, John J Healy, Jr, Keri A Shea, Kevin P O'shea, Leo S Horey III, Matthew H Birenbaum, Sean J Breslin, Stephen W Wilson, Timothy J Naughton and William M Mclaughlin. View Institutional Ownership Trends for AvalonBay Communities.

Who sold AvalonBay Communities stock? Who is selling AvalonBay Communities stock?

AvalonBay Communities' stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Robeco Institutional Asset Management B.V., Assenagon Asset Management S.A., State Treasurer State of Michigan, Douglas Lane & Associates LLC and Spirit of America Management Corp NY. Company insiders that have sold AvalonBay Communities stock in the last year include Edward M Schulman, Keri A Shea, Kevin P O'shea, Leo S Horey III, Matthew H Birenbaum, Sean J Breslin, Timothy J Naughton and William M Mclaughlin. View Insider Buying and Selling for AvalonBay Communities.

Who bought AvalonBay Communities stock? Who is buying AvalonBay Communities stock?

AvalonBay Communities' stock was acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Quantitative Systematic Strategies LLC and Mutual of America Capital Management LLC. View Insider Buying and Selling for AvalonBay Communities.

How do I buy AvalonBay Communities stock?

Shares of AvalonBay Communities can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is AvalonBay Communities' stock price today?

One share of AvalonBay Communities stock can currently be purchased for approximately $181.19.


MarketBeat Community Rating for AvalonBay Communities (NYSE AVB)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  320 (Vote Outperform)
Underperform Votes:  402 (Vote Underperform)
Total Votes:  722
MarketBeat's community ratings are surveys of what our community members think about AvalonBay Communities and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for AvalonBay Communities (NYSE:AVB) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 8 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.41)
Consensus Price Target: $197.50 (9.00% upside)
Consensus Price Target History for AvalonBay Communities (NYSE:AVB)
Price Target History for AvalonBay Communities (NYSE:AVB)
Analysts' Ratings History for AvalonBay Communities (NYSE:AVB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/4/2017Stifel NicolausReiterated RatingBuy$209.00MediumView Rating Details
9/25/2017Evercore ISIUpgradeIn-Line -> Outperform$194.00LowView Rating Details
9/24/2017KeyCorpReiterated RatingHoldLowView Rating Details
9/5/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$196.00LowView Rating Details
9/1/2017Robert W. BairdReiterated RatingBuy$202.00LowView Rating Details
8/18/2017Deutsche Bank AGBoost Price TargetHold$193.00 -> $195.00LowView Rating Details
8/2/2017BMO Capital MarketsReiterated RatingHold$191.00HighView Rating Details
7/18/2017Barclays PLCBoost Price TargetEqual Weight$188.00 -> $189.00LowView Rating Details
7/16/2017Royal Bank Of CanadaReiterated RatingBuy$203.00MediumView Rating Details
7/4/2017Jefferies Group LLCReiterated RatingHold$196.00LowView Rating Details
6/22/2017ArgusInitiated CoverageBuy -> Buy$220.00LowView Rating Details
4/24/2017BTIG ResearchBoost Price TargetBuy$191.00 -> $200.00MediumView Rating Details
4/19/2017JMP SecuritiesDowngradeOutperform -> Market PerformLowView Rating Details
3/8/2017Bank of America CorporationUpgradeNeutral -> Buy$202.00HighView Rating Details
2/13/2017Zelman & AssociatesDowngradeHold -> SellN/AView Rating Details
2/7/2017MizuhoReiterated RatingBuy$190.00N/AView Rating Details
12/6/2016Cantor FitzgeraldSet Price TargetHold$178.00N/AView Rating Details
9/6/2016Sandler O'NeillUpgradeHold -> BuyN/AView Rating Details
7/15/2016Evercore IncReiterated RatingHoldN/AView Rating Details
3/2/2016J P Morgan Chase & CoBoost Price TargetNeutral -> Neutral$197.00 -> $200.00N/AView Rating Details
2/17/2016SunTrust Banks, Inc.Lower Price TargetBuy$202.00 -> $200.00N/AView Rating Details
1/12/2016Cowen and CompanyDowngradeOutperform -> Market Perform$189.00 -> $192.00N/AView Rating Details
11/10/2015BB&T CorporationInitiated CoverageUnderweight$185.50N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for AvalonBay Communities (NYSE:AVB)
Earnings by Quarter for AvalonBay Communities (NYSE:AVB)
Earnings History by Quarter for AvalonBay Communities (NYSE AVB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/23/2017N/AView Earnings Details
8/2/2017Q2 2017$2.14$2.09$529.48 million$530.51 millionViewListenView Earnings Details
4/26/2017Q1 2017$2.11$2.09$520.56 million$522.33 millionViewN/AView Earnings Details
2/1/2017Q416$1.18$2.12$517.45 million$518.24 millionViewListenView Earnings Details
10/24/2016Q316$2.11$2.11$513.17 million$516.21 millionViewN/AView Earnings Details
7/25/2016Q216$2.09$1.99$500.25 million$502.30 millionViewN/AView Earnings Details
4/27/2016Q116$2.05$2.07$484.23 million$508.49 millionViewN/AView Earnings Details
2/3/2016Q415$1.96$1.99$476.70 million$352.60 millionViewN/AView Earnings Details
10/26/2015Q315$2.00$2.02$466.02 million$475.36 millionViewListenView Earnings Details
7/27/2015Q215$1.92$2.18$451.29 million$457.50 millionViewListenView Earnings Details
4/27/2015Q115$1.83$1.88$439.14 million$442.37 millionViewN/AView Earnings Details
1/28/2015Q414$1.77$1.76$432.66 million$440.66 millionViewN/AView Earnings Details
10/27/2014Q314$2.01$2.14$421.99 million$430.53 millionViewN/AView Earnings Details
7/23/2014Q214$1.66$1.71$404.86 million$413.80 millionViewN/AView Earnings Details
4/23/2014Q114$1.63$1.63$393.78 million$400.70 millionViewN/AView Earnings Details
1/29/2014Q413$1.56$1.62$393.41 million$400.00 millionViewN/AView Earnings Details
10/24/2013Q313$1.20$1.18$396.70 million$400.30 millionViewN/AView Earnings Details
7/24/2013Q2 2013$1.51$1.62$389.03 millionViewN/AView Earnings Details
4/30/2013Q1 2013$1.35$1.36$300.77 million$315.40 millionViewN/AView Earnings Details
1/30/2013Q4 2012$1.40$1.27$274.33 million$275.80 millionViewN/AView Earnings Details
10/24/2012$1.40$1.44ViewN/AView Earnings Details
7/25/2012$1.35$1.34ViewN/AView Earnings Details
4/25/2012$1.24$1.28ViewN/AView Earnings Details
2/1/2012$1.22$1.19ViewN/AView Earnings Details
10/31/2011$1.18$1.17ViewN/AView Earnings Details
7/27/2011$1.12$1.13ViewN/AView Earnings Details
4/27/2011$1.05$1.08ViewN/AView Earnings Details
2/2/2011$1.01$1.01ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for AvalonBay Communities (NYSE:AVB)
2017 EPS Consensus Estimate: $8.74
2018 EPS Consensus Estimate: $9.13
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$2.10$2.23$2.16
Q2 20173$2.12$2.28$2.19
Q3 20173$2.13$2.17$2.16
Q4 20173$2.22$2.27$2.24
Q1 20182$2.14$2.24$2.19
Q2 20182$2.23$2.28$2.26
Q3 20182$2.29$2.33$2.31
Q4 20182$2.33$2.42$2.38
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for AvalonBay Communities (NYSE:AVB)
Most Recent Dividend:10/16/2017
Annual Dividend:$5.68
Dividend Yield:3.13%
Dividend Growth:8.20% (3 Year Average)
Payout Ratio:78.13% (Trailing 12 Months of Earnings)
66.20% (Based on This Year's Estimates)
62.49% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for AvalonBay Communities (NYSE:AVB)

Dividend History by Quarter for AvalonBay Communities (NYSE AVB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/14/2017quarterly$1.423.09%9/28/20179/29/201710/16/2017
5/18/2017quarterly$1.422.97%6/28/20176/30/20177/17/2017
2/1/2017quarterly$1.423.24%3/29/20173/31/20174/17/2017
11/10/2016quarterly$1.353.22%12/28/201612/30/20161/16/2017
9/12/2016quarterly$0.013.2%9/28/20169/30/201610/17/2016
5/19/2016quarterly$1.352.99%6/28/20166/30/20167/15/2016
2/3/2016quarterly$1.352.92%3/29/20163/31/20164/15/2016
11/12/2015quarterly$1.252.9%12/29/201512/31/20151/15/2016
9/2/2015quarterly$1.253.07%9/28/20159/30/201510/15/2015
5/22/2015quarterly$1.253.03%6/26/20156/30/20157/15/2015
1/29/2015quarterly$1.252.86%3/27/20153/31/20154/15/2015
11/19/2014quarterly$1.162.95%12/29/201412/31/20141/15/2015
9/4/2014quarterly$1.162.98%9/26/20149/30/201410/15/2014
5/21/2014quarterly$1.163.33%6/26/20146/30/20147/15/2014
1/29/2014quarterly$1.163.8%3/27/20143/31/20144/15/2014
11/20/2013quarterly$1.073.62%12/27/201312/31/20131/15/2014
9/11/2013quarterly$1.073.29%9/26/20139/30/201310/15/2013
5/22/2013quarterly$1.073.08%6/26/20136/28/20137/15/2013
1/30/2013quarterly$1.073.3%3/26/20133/29/20134/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for AvalonBay Communities (NYSE:AVB)
Insider Ownership Percentage: 0.46%
Institutional Ownership Percentage: 97.50%
Insider Trades by Quarter for AvalonBay Communities (NYSE:AVB)
Institutional Ownership by Quarter for AvalonBay Communities (NYSE:AVB)
Insider Trades by Quarter for AvalonBay Communities (NYSE:AVB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/9/2017William M. MclaughlinInsiderSell5,112$193.88$991,114.56View SEC Filing  
5/15/2017Edward M. SchulmanEVPSell1,764$191.82$338,370.48View SEC Filing  
5/11/2017Keri A. SheaSVPSell1,000$192.36$192,360.00View SEC Filing  
5/9/2017Matthew H. BirenbaumInsiderSell2,750$191.20$525,800.00View SEC Filing  
5/5/2017Sean J. BreslinCOOSell1,500$192.19$288,285.00View SEC Filing  
5/5/2017Timothy J. NaughtonCEOSell17,210$192.05$3,305,180.50View SEC Filing  
5/2/2017Timothy J. NaughtonCEOSell10,000$191.14$1,911,400.00View SEC Filing  
5/1/2017Leo S. Horey IIIInsiderSell3,000$190.25$570,750.00View SEC Filing  
3/8/2017Kevin P. O'sheaCFOSell3,560$182.19$648,596.40View SEC Filing  
3/2/2017Leo S. Horey IIIInsiderSell1,000$183.50$183,500.00View SEC Filing  
8/9/2016Sean J. BreslinCOOSell1,000$185.71$185,710.00View SEC Filing  
8/8/2016Matthew H. BirenbaumInsiderSell6,984$185.00$1,292,040.00View SEC Filing  
5/10/2016Edward M SchulmanEVPSell5,323$190.60$1,014,563.80View SEC Filing  
5/10/2016Leo S Horey IIIInsiderSell9,182$187.87$1,725,022.34View SEC Filing  
5/10/2016Timothy J NaughtonCEOSell59,340$190.99$11,333,346.60View SEC Filing  
5/6/2016Keri A SheaSVPSell3,808$184.55$702,766.40View SEC Filing  
5/2/2016Kevin P O'sheaCFOSell6,535$180.66$1,180,613.10View SEC Filing  
5/2/2016Sean J BreslinCOOSell4,426$181.08$801,460.08View SEC Filing  
5/2/2016Stephen W WilsonEVPSell5,117$180.08$921,469.36View SEC Filing  
3/4/2016Kevin P O'sheaCFOSell1,250$178.79$223,487.50View SEC Filing  
3/2/2016Leo S. Horey IIIInsiderSell1,958$178.25$349,013.50View SEC Filing  
2/8/2016John J. Healy, Jr.DirectorSell1,318$163.29$215,216.22View SEC Filing  
11/27/2015Timothy J. NaughtonCEOSell50,000$182.35$9,117,500.00View SEC Filing  
11/25/2015William M. MclaughlinEVPSell20,404$180.92$3,691,491.68View SEC Filing  
11/24/2015Edward M. SchulmanEVPSell7,560$178.79$1,351,652.40View SEC Filing  
11/23/2015Stephen W WilsonEVPSell3,395$181.14$614,970.30View SEC Filing  
11/20/2015Leo S. Horey IIIinsiderSell12,561$178.66$2,244,148.26View SEC Filing  
11/17/2015Leo S Horey IIIInsiderSell3,750$175.00$656,250.00View SEC Filing  
11/2/2015Matthew H. BirenbaumCIOSell5,874$179.00$1,051,446.00View SEC Filing  
8/17/2015Edward M SchulmanEVPSell1,000$177.81$177,810.00View SEC Filing  
6/5/2015William M MclaughlinEVPSell1,000$162.08$162,080.00View SEC Filing  
5/20/2015Leo S Horey IIIInsiderSell17,927$168.17$3,014,783.59View SEC Filing  
5/14/2015Keri A SheaSVPSell3,247$166.40$540,300.80View SEC Filing  
5/14/2015Kevin P O'sheaCFOSell7,582$166.89$1,265,359.98View SEC Filing  
5/14/2015Sean J BreslinCOOSell7,500$166.64$1,249,800.00View SEC Filing  
5/11/2015Stephen W WilsonEVPSell3,652$168.06$613,755.12View SEC Filing  
11/17/2014William M MclaughlinEVPSell10,976$158.01$1,734,317.76View SEC Filing  
11/12/2014Sean J BreslinEVPSell5,080$157.04$797,763.20View SEC Filing  
11/3/2014Edward M SchulmanEVPSell14,307$157.63$2,255,212.41View SEC Filing  
9/4/2014Leo S Horey IIIInsiderSell17,830$155.50$2,772,565.00View SEC Filing  
9/2/2014Stephen W WilsonEVPSell6,395$153.77$983,359.15View SEC Filing  
8/29/2014Keri A SheaSVPSell1,803$154.33$278,256.99View SEC Filing  
8/19/2014William M MclaughlinEVPSell3,500$152.90$535,150.00View SEC Filing  
8/14/2014Kevin P O'sheaCFOSell5,386$151.63$816,679.18View SEC Filing  
7/29/2014Kevin P O'sheaCFOSell5,125$149.35$765,418.75View SEC Filing  
7/28/2014Stephen W WilsonEVPSell6,557$148.87$976,140.59View SEC Filing  
6/4/2014Edward M SchulmanEVPSell1,500$142.66$213,990.00View SEC Filing  
5/19/2014Timothy NaughtonCEOSell62,868$140.27$8,818,494.36View SEC Filing  
5/13/2014Sean BreslinEVPSell1,000$140.97$140,970.00View SEC Filing  
5/7/2014Keri SheaSVPSell2,878$137.64$396,127.92View SEC Filing  
5/6/2014Edward SchulmanEVPSell2,634$137.47$362,095.98View SEC Filing  
4/30/2014William MclaughlinEVPSell14,047$136.50$1,917,415.50View SEC Filing  
4/28/2014Leo Horey IIIInsiderSell15,012$136.99$2,056,493.88View SEC Filing  
4/28/2014Stephen WilsonEVPSell5,831$136.08$793,482.48View SEC Filing  
2/28/2014William MclaughlinEVPSell3,500$129.00$451,500.00View SEC Filing  
2/24/2014Sean BreslinEVPSell1,200$130.00$156,000.00View SEC Filing  
12/10/2013Lance PrimisDirectorBuy1,000$122.37$122,370.00View SEC Filing  
8/30/2013Lance PrimisDirectorBuy2,000$124.43$248,860.00View SEC Filing  
8/29/2013H Jay SarlesDirectorBuy2,000$123.97$247,940.00View SEC Filing  
7/30/2013Kevin P O'sheaEVPSell1,761$138.10$243,194.10View SEC Filing  
5/15/2013William M MclaughlinEVPSell5,000$137.00$685,000.00View SEC Filing  
3/6/2013Sean J BreslinEVPSell1,600$126.42$202,272.00View SEC Filing  
2/5/2013H Jay SarlesDirectorBuy1,000$125.12$125,120.00View SEC Filing  
8/13/2012Bryce BlairChairmanSell5,718$139.84$799,605.12View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for AvalonBay Communities (NYSE:AVB)
Latest Headlines for AvalonBay Communities (NYSE:AVB)
Source:
Loading headlines, please wait.

Social

Chart

AvalonBay Communities (AVB) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.