As of September 30, 2018, the Company owned or held a direct or indirect ownership interest in 290 apartment communities containing 84,490 apartment homes in 12 states and the District of Columbia, of which 19 communities were under development and 15 communities were under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and the Northern and Southern California regions of the United States.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
Current SymbolNYSE:AVB
Previous Symbol
CUSIP05348410
Phone703-329-6300
Debt
Debt-to-Equity Ratio0.72
Current Ratio0.77
Quick Ratio0.77
Price-To-Earnings
Trailing P/E Ratio21.56
Forward P/E Ratio20.69
P/E Growth2.84
Sales & Book Value
Annual Sales$2.16 billion
Price / Sales11.91
Cash Flow$10.5759 per share
Price / Cash Flow17.59
Book Value$75.23 per share
Price / Book2.47
Profitability
EPS (Most Recent Fiscal Year)$8.62
Net Income$876.92 million
Net Margins36.54%
Return on Equity7.96%
Return on Assets4.44%
Miscellaneous
Employees3,112
Outstanding Shares138,220,000
Market Cap$26.07 billion
OptionableOptionable
AvalonBay Communities (NYSE:AVB) Frequently Asked Questions
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 Wednesday, November 14th. Stockholders of record on Monday, December 31st will be paid a dividend of $1.47 per share on Tuesday, January 15th. This represents a $5.88 annualized dividend and a dividend yield of 3.16%. The ex-dividend date is Friday, December 28th. View AvalonBay Communities' Dividend History.
How were AvalonBay Communities' earnings last quarter?
AvalonBay Communities Inc (NYSE:AVB) issued its quarterly earnings data on Monday, October, 29th. The real estate investment trust reported $1.39 earnings per share for the quarter, missing analysts' consensus estimates of $2.26 by $0.87. The real estate investment trust earned $575.98 million during the quarter, compared to analyst estimates of $573.87 million. AvalonBay Communities had a net margin of 36.54% and a return on equity of 7.96%. The firm's revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.72 EPS. View AvalonBay Communities' Earnings History.
When is AvalonBay Communities' next earnings date?
What guidance has AvalonBay Communities issued on next quarter's earnings?
AvalonBay Communities issued an update on its FY 2018 earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $8.96-9.04 for the period. AvalonBay Communities also updated its Q4 2018 guidance to $2.27-2.35 EPS.
What price target have analysts set for AVB?
19 brokers have issued 12 month price objectives for AvalonBay Communities' shares. Their forecasts range from $166.00 to $216.00. On average, they anticipate AvalonBay Communities' share price to reach $192.8824 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for AvalonBay Communities.
What is the consensus analysts' recommendation for AvalonBay Communities?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AvalonBay Communities in the last year. There are currently 1 sell rating, 10 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for AvalonBay Communities.
What are Wall Street analysts saying about AvalonBay Communities stock?
Here are some recent quotes from research analysts about AvalonBay Communities stock:
- 1. According to Zacks Investment Research, "Stellar job growth in recent months indicates more household formations and raises expectations for higher apartment demand during the peak leasing period. Given its solid portfolio of high quality assets in premium locations, AvalonBay is well poised to grow. Notably, in the March-issued operating update for first quarter, the company stated that it expects total rental revenues for established communities to be up 2.3–2.4% year over year. However, new apartment deliveries are anticipated to remain elevated in the company’s markets in 2018. Particularly, supply continues to be most noticeable in the urban submarkets. Furthermore, high concession activity amid elevated supply remains a concern. Moreover, in the past six months, its shares have underperformed the industry." (4/17/2018)
- 2. Cantor Fitzgerald analysts commented, "Core FFO/sh. of $2.25 for 4Q17 was in line with Cantor/FactSet consensus. The line-item variance to our estimates included higher NOI offset by higher interest expense. The SS revenue growth rate of 2.2% was unchanged seq. Expenses were up 2.7% (+30bps seq.), with real estate taxes up 5.2%. As a result, the SSNOI growth rate was 2.0% (-10bps seq.). Occupancy was 95.5%, and turn declined by 250bps." (2/1/2018)
Has AvalonBay Communities been receiving favorable news coverage?
Media stories about AVB stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. AvalonBay Communities earned a news impact score of 2.3 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.
Who are some of AvalonBay Communities' key competitors?
Some companies that are related to AvalonBay Communities include American Tower (AMT), Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Prologis (PLD), Public Storage (PSA), Equinix (EQIX), Welltower (WELL), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Boston Properties (BXP), Realty Income (O), SBA Communications (SBAC), Weyerhaeuser (WY) and Essex Property Trust (ESS).
Who are AvalonBay Communities' key executives?
AvalonBay Communities' management team includes the folowing people:
- Mr. Timothy J. Naughton, Chairman, CEO & Pres (Age 57)
- Mr. Kevin P. O'Shea, Chief Financial Officer (Age 52)
- Mr. Sean J. Breslin, Chief Operating Officer (Age 51)
- Mr. Matthew H. Birenbaum, Chief Investment Officer (Age 52)
- Mr. Stephen W. Wilson CPA, C.M.A., Exec. VP of Devel. - West Coast & Mid-Atlantic (Age 61)
Who are AvalonBay Communities' major shareholders?
AvalonBay Communities' stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.46%), BlackRock Inc. (11.08%), FMR LLC (2.56%), Dimensional Fund Advisors LP (1.51%), Renaissance Technologies LLC (1.12%) and Morgan Stanley (1.12%). Company insiders that own AvalonBay Communities stock include Edward M Schulman, 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.
Which institutional investors are selling AvalonBay Communities stock?
AVB stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Deutsche Bank AG, Mitsubishi UFJ Trust & Banking Corp, Brookfield Asset Management Inc., Presima Inc., The Manufacturers Life Insurance Company , Point72 Asset Management L.P. and WINTON GROUP Ltd. Company insiders that have sold AvalonBay Communities company stock in the last year include Edward M Schulman, Keri A Shea, Kevin P O'shea, Leo S Horey III, Sean J Breslin, Stephen W Wilson, Timothy J Naughton and William M Mclaughlin. View Insider Buying and Selling for AvalonBay Communities.
Which institutional investors are buying AvalonBay Communities stock?
AVB stock was bought by a variety of institutional investors in the last quarter, including Teachers Advisors LLC, Barings LLC, BlackRock Inc., American Century Companies Inc., TIAA CREF Investment Management LLC, AMP Capital Investors Ltd, Sandler Capital Management and Martingale Asset Management L P. View Insider Buying and Selling for AvalonBay Communities.
How do I buy shares of AvalonBay Communities?
Shares of AVB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is AvalonBay Communities' stock price today?
One share of AVB stock can currently be purchased for approximately $186.03.
How big of a company is AvalonBay Communities?
AvalonBay Communities has a market capitalization of $26.07 billion and generates $2.16 billion in revenue each year. The real estate investment trust earns $876.92 million in net income (profit) each year or $8.62 on an earnings per share basis. AvalonBay Communities employs 3,112 workers across the globe.
What is AvalonBay Communities' official website?
How can I contact AvalonBay Communities?
AvalonBay Communities' mailing address is 671 N. GLEBE ROAD SUITE 800, ARLINGTON VA, 22203. The real estate investment trust can be reached via phone at 703-329-6300 or via email at [email protected]
MarketBeat Community Rating for AvalonBay Communities (NYSE AVB)
MarketBeat's community ratings are surveys of what our community members think about AvalonBay Communities and other stocks. Vote "Outperform" if you believe AVB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AVB will underperform the S&P 500 over the long term. You may vote once every thirty days.
