AvalonBay Communities Stock Price, News & Analysis (NYSE:AVB) $175.75 +0.37 (+0.21%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$173.95▼$175.8150-Day Range$162.59▼$179.2852-Week Range$153.07▼$198.65Volume547,649 shsAverage Volume760,294 shsMarket Capitalization$24.96 billionP/E Ratio26.75Dividend Yield3.76%Price Target$194.81 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability AvalonBay Communities MarketRank™ Stock AnalysisAnalyst RatingHold2.47 Rating ScoreUpside/Downside10.8% Upside$194.81 Price TargetShort InterestHealthy1.65% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-3.12Upright™ Environmental ScoreNews Sentiment0.65Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth4.43%From $10.62 to $11.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.66 out of 5 starsFinance Sector90th out of 671 stocksReal Estate Investment Trusts Industry16th out of 138 stocks 3.2 Analyst's Opinion Consensus RatingAvalonBay Communities has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 7 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $194.81, AvalonBay Communities has a forecasted upside of 10.8% from its current price of $175.75.Amount of Analyst CoverageAvalonBay Communities has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.65% of the outstanding shares of AvalonBay Communities have been sold short.Short Interest Ratio / Days to CoverAvalonBay Communities has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in AvalonBay Communities has recently decreased by 4.49%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipAvalonBay Communities is a leading dividend payer. It pays a dividend yield of 3.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAvalonBay Communities has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of AvalonBay Communities is 100.46%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, AvalonBay Communities will have a dividend payout ratio of 59.51% next year. This indicates that AvalonBay Communities will be able to sustain or increase its dividend. Previous Next 2.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAvalonBay Communities has received a 10.52% net impact score from Upright. AvalonBay Communities seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Real estate funds investing in apartment buildings", "Real estate development services of apartment buildings", and "Real estate funds investing in shopping centers" products. See details.Environmental SustainabilityThe Environmental Impact score for AvalonBay Communities is -3.12. Previous Next 2.6 News and Social Media Coverage News SentimentAvalonBay Communities has a news sentiment score of 0.65. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 16 news articles for AvalonBay Communities this week, compared to 6 articles on an average week.Search InterestOnly 3 people have searched for AVB on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat Follows3 people have added AvalonBay Communities to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AvalonBay Communities insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.42% of the stock of AvalonBay Communities is held by insiders.Percentage Held by Institutions88.71% of the stock of AvalonBay Communities is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for AvalonBay Communities are expected to grow by 4.43% in the coming year, from $10.62 to $11.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AvalonBay Communities is 26.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.56.Price to Earnings Ratio vs. SectorThe P/E ratio of AvalonBay Communities is 26.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.03.Price to Earnings Growth RatioAvalonBay Communities has a PEG Ratio of 3.62. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioAvalonBay Communities has a P/B Ratio of 2.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About AvalonBay Communities Stock (NYSE:AVB)As of September 30, 2023, the Company owned or held a direct or indirect ownership interest in 296 apartment communities containing 89,240 apartment homes in 12 states and the District of Columbia, of which 17 communities were under development and one community was under redevelopment. 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.Read More AVB Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AVB Stock News HeadlinesDecember 5, 2023 | markets.businessinsider.comBuy or Bye? 7 Key Housing Stocks to Buy or Sell in Today’s Market.December 5, 2023 | markets.businessinsider.comAvalonBay Prices $400 Mln, 5.300% Sr. Notes OfferingDecember 8, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. December 5, 2023 | msn.comAvalonBay Communities prices $400 million senior notes offeringDecember 5, 2023 | finance.yahoo.comAvalonBay Communities, Inc. Prices $400 Million Senior Notes OfferingDecember 4, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for AvalonBay Communities, Inc.'s Q4 2023 Earnings (NYSE:AVB)December 2, 2023 | americanbankingnews.comEvercore ISI Increases AvalonBay Communities (NYSE:AVB) Price Target to $188.00December 2, 2023 | americanbankingnews.comAvalonBay Communities, Inc. (NYSE:AVB) to Post Q1 2024 Earnings of $2.74 Per Share, Wedbush ForecastsDecember 8, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. December 1, 2023 | americanbankingnews.comAvalonBay Communities (NYSE:AVB) Price Target Lowered to $200.00 at KeyCorpNovember 30, 2023 | americanbankingnews.comAvalonBay Communities (NYSE:AVB) Upgraded by JPMorgan Chase & Co. to "Neutral"November 29, 2023 | bizjournals.comMore homes, apartments coming to growing Brier Creek areaNovember 29, 2023 | msn.comJP Morgan Upgrades Avalonbay Communities (AVB)November 29, 2023 | msn.comAvalonBay raised to Neutral at J.P. Morgan on growth prospectsNovember 28, 2023 | americanbankingnews.comAvalonBay Communities (NYSE:AVB) Given New $202.00 Price Target at Truist FinancialNovember 27, 2023 | finance.yahoo.com12 Best REIT Stocks To Buy Right NowNovember 21, 2023 | finance.yahoo.comAvalonBay Communities, Inc. to Host Investor DayNovember 20, 2023 | seekingalpha.comAvalonBay: A Conservative BuyNovember 17, 2023 | seekingalpha.com4%-Yielding AvalonBay Communities Is An Undervalued Income GeneratorNovember 16, 2023 | finance.yahoo.comAvalonBay Communities, Inc. Declares Fourth Quarter 2023 DividendsNovember 8, 2023 | markets.businessinsider.comWells Fargo Keeps Their Buy Rating on AvalonBay (AVB)November 1, 2023 | finance.yahoo.comEquity Residential (EQR) Lags Q3 FFO Estimates, Trims '23 ViewOctober 31, 2023 | markets.businessinsider.comReal Estate REITs Pressured Amid Higher Interest Rate & Supply Woes, But Analyst Upgrades AvalonBay Communities: Here's WhyOctober 27, 2023 | finance.yahoo.comAvalonBay Communities, Inc.: Strong growth in core FFO; reaffirming BUYOctober 27, 2023 | finance.yahoo.comEssex Property (ESS) Q3 FFO Beats Estimates, Revenues Up Y/YOctober 27, 2023 | finance.yahoo.comAvalonBay Communities, Inc. (NYSE:AVB) Q3 2023 Earnings Call TranscriptOctober 27, 2023 | finance.yahoo.comQ3 2023 Avalonbay Communities Inc Earnings CallSee 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. Email Address Company Calendar Last Earnings8/01/2023Ex-Dividend for 10/16 Dividend9/28/2023Dividend Payable10/16/2023Today12/08/2023Ex-Dividend for 1/16 Dividend12/28/2023Fiscal Year End12/31/2023Dividend Payable1/16/2024Next Earnings (Estimated)2/14/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryResidential REITs SectorFinance Current SymbolNYSE:AVB CUSIP05348410 CIK915912 Webwww.avalonbay.com Phone(703) 329-6300Fax513-389-4634Employees2,947Year Founded1978Price Target and Rating Average Stock Price Target$194.81 High Stock Price Target$215.00 Low Stock Price Target$179.00 Potential Upside/Downside+10.8%Consensus RatingHold Rating Score (0-4)2.47 Research Coverage15 Analysts Profitability EPS (Most Recent Fiscal Year)$6.57 Trailing P/E Ratio26.75 Forward P/E Ratio16.55 P/E Growth3.62Net Income$1.14 billion Net Margins33.96% Pretax Margin34.47% Return on Equity8.07% Return on Assets4.52% Debt Debt-to-Equity Ratio0.67 Current Ratio1.84 Quick Ratio1.84 Sales & Book Value Annual Sales$2.73 billion Price / Sales9.13 Cash Flow$14.09 per share Price / Cash Flow12.47 Book Value$80.44 per share Price / Book2.18Miscellaneous Outstanding Shares142,015,000Free Float141,419,000Market Cap$24.96 billion OptionableOptionable Beta0.93 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Benjamin W. Schall (Age 48)President, CEO & Director Comp: $3.04MMr. Kevin P. O'Shea (Age 57)Chief Financial Officer Comp: $1.74MMr. Sean J. Breslin (Age 56)Chief Operating Officer Comp: $1.88MMr. Matthew H. Birenbaum (Age 57)Chief Investment Officer Comp: $1.89MMr. Edward M. Schulman (Age 60)Executive VP, General Counsel & Secretary Comp: $1.15MMs. Keri A. Shea (Age 53)Senior VP of Finance, Principal Accounting Officer & Treasurer Mr. Jason ReilleyVice President of Investor RelationsMr. Kurt D. Conway (Age 63)Senior Vice President of Brand Strategy & Marketing Mr. David AlagnoSenior Vice President of Human ResourcesMr. Ronald S. Ladell (Age 61)Senior Vice President of Development - New Jersey More ExecutivesKey CompetitorsEquity ResidentialNYSE:EQRSun CommunitiesNYSE:SUIMid-America Apartment CommunitiesNYSE:MAAEssex Property TrustNYSE:ESSEquity LifeStyle PropertiesNYSE:ELSView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 341,332 shares on 12/1/2023Ownership: 1.618%American Century Companies Inc.Bought 31,171 shares on 11/30/2023Ownership: 0.373%Neo Ivy Capital ManagementBought 21,020 shares on 11/30/2023Ownership: 0.015%Bar Harbor Wealth ManagementSold 7,689 shares on 11/28/2023Ownership: 0.004%Deutsche Bank AGBought 151,995 shares on 11/24/2023Ownership: 1.758%View All Insider TransactionsView All Institutional Transactions Should I Buy AvalonBay Communities Stock? AVB Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of AvalonBay Communities was last updated on Tuesday, November 28, 2023 at 9:33 PM. Pros Here are some ways that investors could benefit from investing in AvalonBay Communities, Inc.: AvalonBay Communities owns or holds a direct or indirect ownership interest in 296 apartment communities containing 89,240 apartment homes in 12 states and the District of Columbia. This extensive portfolio provides a diversified investment opportunity in the real estate market. The Company is an equity REIT (Real Estate Investment Trust) that specializes in developing, redeveloping, acquiring, and managing apartment communities in leading metropolitan areas. This expertise in the residential real estate market positions AvalonBay Communities to capitalize on the demand for rental properties in high-demand locations. AvalonBay Communities has a strong presence in key metropolitan areas such as New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California. These regions are known for their robust economies and population growth, which can contribute to the long-term stability and growth of the Company's rental properties. The Company has a track record of growth, as evidenced by the increase in holdings by institutional investors such as Ltd Zurich, D1 Capital Partners L.P., Wellington Management Group LLP, and JPMorgan Chase & Co. These investments indicate confidence in AvalonBay Communities' potential for future returns. The current stock price of AvalonBay Communities provides an attractive entry point for investors looking to gain exposure to the residential real estate market. The stock's value is influenced by factors such as the Company's financial performance, rental market conditions, and investor sentiment. Cons Investors should be bearish about investing in AvalonBay Communities, Inc. for these reasons: The real estate market is subject to fluctuations in property values, rental demand, and interest rates. These factors can impact the financial performance of AvalonBay Communities and potentially affect the value of its stock. The Company's expansion into new regions, such as Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado, may involve higher risks compared to its established markets. Investors should carefully assess the potential challenges and opportunities associated with these expansion efforts. The ongoing COVID-19 pandemic has introduced uncertainties in the rental market, including potential impacts on rental demand, occupancy rates, and rental pricing. Investors should consider the potential risks and challenges posed by the pandemic and its effects on AvalonBay Communities' operations. Changes in government regulations and policies related to the real estate market, rental properties, and taxation can have an impact on AvalonBay Communities' operations and financial performance. Investors should stay informed about any regulatory developments that may affect the Company. Investing in real estate carries inherent risks, including the potential for property damage, natural disasters, and unforeseen events that can disrupt the rental market and affect the Company's properties and financial performance. AVB Stock Analysis - Frequently Asked Questions Should I buy or sell AvalonBay Communities stock right now? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AvalonBay Communities in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AVB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AVB, but not buy additional shares or sell existing shares. View AVB analyst ratings or view top-rated stocks. What is AvalonBay Communities' stock price target for 2024? 15 analysts have issued 12-month price targets for AvalonBay Communities' stock. Their AVB share price targets range from $179.00 to $215.00. On average, they expect the company's stock price to reach $194.81 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price. View analysts price targets for AVB or view top-rated stocks among Wall Street analysts. How have AVB shares performed in 2023? AvalonBay Communities' stock was trading at $161.52 at the beginning of 2023. Since then, AVB stock has increased by 8.8% and is now trading at $175.75. View the best growth stocks for 2023 here. Are investors shorting AvalonBay Communities? AvalonBay Communities saw a increase in short interest in October. As of October 31st, there was short interest totaling 2,450,000 shares, an increase of 10.9% from the October 15th total of 2,210,000 shares. Based on an average trading volume of 647,000 shares, the short-interest ratio is currently 3.8 days. View AvalonBay Communities' Short Interest. When is AvalonBay Communities' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 14th 2024. View our AVB earnings forecast. How were AvalonBay Communities' earnings last quarter? AvalonBay Communities, Inc. (NYSE:AVB) announced its quarterly earnings results on Tuesday, August, 1st. The real estate investment trust reported $2.59 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.60 by $0.01. The real estate investment trust had revenue of $690.86 million for the quarter, compared to analyst estimates of $675.67 million. AvalonBay Communities had a trailing twelve-month return on equity of 8.07% and a net margin of 33.96%. During the same period last year, the business earned $2.43 EPS. Read the conference call transcript. How often does AvalonBay Communities pay dividends? What is the dividend yield for AvalonBay Communities? AvalonBay Communities announced a quarterly dividend on Thursday, November 16th. Investors of record on Wednesday, November 29th will be paid a dividend of $1.65 per share on Tuesday, January 16th. This represents a $6.60 annualized dividend and a dividend yield of 3.76%. The ex-dividend date is Thursday, December 28th. Read our dividend analysis for AVB. Is AvalonBay Communities a good dividend stock? AvalonBay Communities (NYSE:AVB) pays an annual dividend of $6.60 per share and currently has a dividend yield of 3.71%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 100.46%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AVB will have a dividend payout ratio of 59.51% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AVB. What ETFs hold AvalonBay Communities' stock? ETFs with the largest weight of AvalonBay Communities (NYSE:AVB) stock in their portfolio include Kelly Residential & Apartment Real Estate ETF (RESI), Residential REIT ETF (HAUS), ETFB Green SRI REITs ETF (RITA), iShares Residential and Multisector Real Estate ETF (REZ), Nuveen Short-Term REIT ETF (NURE), SP Funds S&P Global REIT Sharia ETF (SPRE), U.S. Diversified Real Estate ETF (PPTY) and FlexShares Global Quality Real Estate Index Fund (GQRE). 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. What other stocks do shareholders of AvalonBay Communities own? Based on aggregate information from My MarketBeat watchlists, some companies that other AvalonBay Communities investors own include Bank of America (BAC), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Johnson & Johnson (JNJ), Walmart (WMT), Home Depot (HD), JPMorgan Chase & Co. (JPM), Walt Disney (DIS) and UnitedHealth Group (UNH). Who are AvalonBay Communities' major shareholders? AvalonBay Communities' stock is owned by a number of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (3.38%), Principal Financial Group Inc. (3.34%), Deutsche Bank AG (1.76%), Deutsche Bank AG (1.76%), Wellington Management Group LLP (1.62%) and Northern Trust Corp (1.60%). Insiders that own company stock include Edward M Schulman, Edward M Schulman, Joanne M Lockridge, Keri A Shea, Kevin P O'shea, Kevin P O'shea, Matthew H Birenbaum, Sean J Breslin, Sean J Breslin, Timothy J Naughton and William M Mclaughlin. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:AVB) was last updated on 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AvalonBay Communities, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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