AvalonBay Communities Company Profile (NYSE:AVB)

About AvalonBay Communities

AvalonBay Communities logo

AvalonBay Communities, Inc. is a real estate investment trust. The Company focuses 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. It operates through segments, which include Established Communities, Other Stabilized Communities and Development/Redevelopment Communities. It owns or holds an interest in approximately 260 operating apartment communities containing over 75,380 apartment homes in approximately 10 states and the District of Columbia, of which over 10 communities containing approximately 3,430 apartment homes are under reconstruction. It operates its apartment communities under three core brands: Avalon, AVA and Eaves by Avalon. The real estate investments consist of operating apartment communities, communities in various stages of development and Development Rights.

Industry, Sector and Symbol:

Sector: Finance
Industry: REIT - Residential
Sub-Industry: Residential REITs
Exchange: NYSE
Symbol: AVB
CUSIP: 05348410

Key Metrics:

Previous Close: $179.40
50 Day Moving Average: $176.75
200 Day Moving Average: $180.62
52-Week Range: $160.66 - $192.29
Trailing P/E Ratio: 30.51
Foreward P/E Ratio: 20.00
P/E Growth: 3.44
Market Cap: $24.42B
Outstanding Shares: 137,313,000
Beta: 0.72

Profitability:

Net Margins: 43.34%
Return on Equity: 8.10%
Return on Assets: 4.68%

Debt:

Debt-to-Equity Ratio: 0.69%
Current Ratio: 0.52%
Quick Ratio: 0.52%

Additional Links:

Companies Related to AvalonBay Communities:

Consensus Ratings for AvalonBay Communities (NYSE:AVB) (?)

Ratings Breakdown:	1 Sell Rating, 9 Hold Ratings, 8 Buy Ratings
Consensus Rating:	Hold (Score: 2.39)
Consensus Price Target:	$194.83 (9.56% upside)

Analysts' Ratings History for AvalonBay Communities (NYSE:AVB)

Show:

Date	Firm	Action	Rating	Price Target
9/6/2016	Jefferies Group	Reiterated Rating	Hold
9/6/2016	Sandler O'Neill	Upgrade	Hold -> Buy
8/25/2016	BTIG Research	Initiated Coverage	Buy	$208.00
8/10/2016	Deutsche Bank AG	Lower Price Target	Buy	$194.00 -> $193.00
7/25/2016	BMO Capital Markets	Reiterated Rating	Hold	$192.00
7/18/2016	Cantor Fitzgerald	Reiterated Rating	Hold	$188.00
7/15/2016	Evercore Partners Inc.	Reiterated Rating	Hold
7/15/2016	Evercore ISI	Downgrade	Buy -> Hold	$189.00 -> $187.00
7/15/2016	KeyCorp	Downgrade	Overweight
5/3/2016	Royal Bank Of Canada	Boost Price Target	Outperform	$196.00 -> $198.00
4/14/2016	Barclays PLC	Boost Price Target	Equal Weight	$188.00 -> $195.00
3/21/2016	Mizuho	Boost Price Target		$190.00
3/2/2016	JPMorgan Chase & Co.	Boost Price Target	Neutral -> Neutral	$197.00 -> $200.00
2/17/2016	SunTrust Banks Inc.	Lower Price Target	Buy	$202.00 -> $200.00
1/12/2016	Cowen and Company	Downgrade	Outperform -> Market Perform	$189.00 -> $192.00
1/8/2016	JMP Securities	Initiated Coverage	Outperform	$210.00
12/11/2015	Robert W. Baird	Upgrade	Neutral -> Outperform	$182.00 -> $197.00
11/10/2015	BB&T Corp.	Initiated Coverage	Underweight	$185.50
8/20/2015	Credit Suisse Group AG	Upgrade	Neutral -> Outperform	$193.00 -> $200.00
4/9/2015	Janney Montgomery Scott	Initiated Coverage	Neutral	$177.00
1/14/2015	Wells Fargo & Co.	Downgrade	Market Weight
10/30/2014	Citigroup Inc.	Reiterated Rating	Neutral	$155.00 -> $165.00

(Data available from 10/1/2014 forward)

Earnings History for AvalonBay Communities (NYSE:AVB)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/24/2016
7/25/2016	Q216	$2.09	$1.99	$500.25 million	$502.30 million	View	N/A
4/27/2016	Q116	$2.03	$2.07	$484.23 million	$508.49 million	View	N/A
2/3/2016	Q415	$1.96	$1.99	$479.20 million		View	N/A
10/26/2015	Q315	$2.00	$2.02	$467.79 million		View	Listen
7/27/2015	Q215	$1.92	$2.18	$451.29 million	$457.50 million	View	Listen
4/27/2015	Q115	$1.83	$1.88	$440.78 million		View	N/A
1/28/2015	Q414	$1.77	$1.76	$433.70 million		View	N/A
10/28/2014	Q314	$2.00	$2.14	$418.80 million		View	N/A
7/23/2014	Q214	$1.66	$1.70	$404.86 million	$413.80 million	View	N/A
4/23/2014	Q114	$1.63	$1.64	$393.78 million	$400.70 million	View	N/A
1/29/2014	Q413	$1.56	$1.62	$393.41 million	$400.00 million	View	N/A
10/24/2013	Q313	$1.20	$1.18	$396.70 million	$400.30 million	View	N/A
7/24/2013	Q2 2013	$1.51	$1.62	$389.03 million		View	N/A
4/30/2013	Q1 2013	$1.35	$1.36	$300.77 million	$315.40 million	View	N/A
1/30/2013	Q4 2012	$1.40	$1.27	$274.33 million	$275.80 million	View	N/A
10/24/2012		$1.40	$1.44			View	N/A
7/25/2012		$1.35	$1.34			View	N/A
4/25/2012		$1.24	$1.28			View	N/A
2/1/2012		$1.22	$1.19			View	N/A
10/31/2011		$1.18	$1.17			View	N/A
7/27/2011		$1.12	$1.13			View	N/A
4/27/2011		$1.05	$1.08			View	N/A
2/2/2011		$1.01	$1.01			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for AvalonBay Communities (NYSE:AVB)

Current Year EPS Consensus Estimate: $8.33 EPS
Next Year EPS Consensus Estimate: $8.89 EPS

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2016	2	$2.11	$2.13	$2.12
Q2 2016	3	$2.03	$2.13	$2.07
Q3 2016	3	$2.05	$2.10	$2.08
Q4 2016	3	$2.12	$2.17	$2.15
Q1 2017	2	$2.15	$2.23	$2.19
Q2 2017	2	$2.21	$2.28	$2.25
Q3 2017	2	$2.24	$2.27	$2.26
Q4 2017	2	$2.32	$2.35	$2.34

(Data provided by Zacks Investment Research)

Current Dividend Information for AvalonBay Communities (NYSE:AVB)

Annual Dividend:	$5.40
Dividend Yield:	3.04%
Dividend Growth:	8.90% (3 Year Average)
Payout Ratio:	92.62% (Based on Trailing 12 Months of Earnings) 64.83% (Based on Current Year Consensus EPS Estimate) 60.74% (Based on Next Year Consensus EPS Estimate)
Track Record:	4 Years of Consecutive Dividend Growth

Dividend History for AvalonBay Communities (NYSE:AVB)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
9/12/2016	quarterly	$0.01	3.2%	9/28/2016	9/30/2016	10/17/2016
5/19/2016	quarterly	$1.35	2.99%	6/28/2016	6/30/2016	7/15/2016
2/3/2016	quarterly	$1.35	2.92%	3/29/2016	3/31/2016	4/15/2016
11/12/2015	quarterly	$1.25	2.9%	12/29/2015	12/31/2015	1/15/2016
9/2/2015	quarterly	$1.25	3.07%	9/28/2015	9/30/2015	10/15/2015
5/22/2015	quarterly	$1.25	3.03%	6/26/2015	6/30/2015	7/15/2015
1/29/2015	quarterly	$1.25	2.86%	3/27/2015	3/31/2015	4/15/2015
11/19/2014	quarterly	$1.16	2.95%	12/29/2014	12/31/2014	1/15/2015
9/4/2014	quarterly	$1.16	2.98%	9/26/2014	9/30/2014	10/15/2014
5/21/2014	quarterly	$1.16	3.33%	6/26/2014	6/30/2014	7/15/2014
1/29/2014	quarterly	$1.16	3.8%	3/27/2014	3/31/2014	4/15/2014
11/20/2013	quarterly	$1.07	3.62%	12/27/2013	12/31/2013	1/15/2014
9/11/2013	quarterly	$1.07	3.29%	9/26/2013	9/30/2013	10/15/2013
5/22/2013	quarterly	$1.07	3.08%	6/26/2013	6/28/2013	7/15/2013
1/30/2013	quarterly	$1.07	3.3%	3/26/2013	3/29/2013	4/15/2013

(Data available from 1/1/2013 forward)

Insider Trading History for AvalonBay Communities (NYSE:AVB)

Insider Ownership Percentage: 0.53%
Institutional Ownership Percentage: 96.58%

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/9/2016	Sean J. Breslin	COO	Sell	1,000	$185.71	$185,710.00
8/8/2016	Matthew H. Birenbaum	Insider	Sell	6,984	$185.00	$1,292,040.00
5/10/2016	Edward M Schulman	EVP	Sell	5,323	$190.60	$1,014,563.80
5/10/2016	Leo S Horey III	Insider	Sell	9,182	$187.87	$1,725,022.34
5/10/2016	Timothy J Naughton	CEO	Sell	59,340	$190.99	$11,333,346.60
5/6/2016	Keri A Shea	SVP	Sell	3,808	$184.55	$702,766.40
5/2/2016	Kevin P O'shea	CFO	Sell	6,535	$180.66	$1,180,613.10
5/2/2016	Sean J Breslin	COO	Sell	4,426	$181.08	$801,460.08
5/2/2016	Stephen W Wilson	EVP	Sell	5,117	$180.08	$921,469.36
3/4/2016	Kevin P O'shea	CFO	Sell	1,250	$178.79	$223,487.50
3/2/2016	Leo S. Horey III	Insider	Sell	1,958	$178.25	$349,013.50
2/8/2016	John J. Healy, Jr.	Director	Sell	1,318	$163.29	$215,216.22
11/27/2015	Timothy J. Naughton	CEO	Sell	50,000	$182.35	$9,117,500.00
11/25/2015	William M. Mclaughlin	EVP	Sell	20,404	$180.92	$3,691,491.68
11/24/2015	Edward M. Schulman	EVP	Sell	7,560	$178.79	$1,351,652.40
11/23/2015	Stephen W Wilson	EVP	Sell	3,395	$181.14	$614,970.30
11/20/2015	Leo S. Horey III	insider	Sell	12,561	$178.66	$2,244,148.26
11/17/2015	Leo S Horey III	Insider	Sell	3,750	$175.00	$656,250.00
11/2/2015	Matthew H. Birenbaum	CIO	Sell	5,874	$179.00	$1,051,446.00
8/17/2015	Edward M Schulman	EVP	Sell	1,000	$177.81	$177,810.00
6/5/2015	William M Mclaughlin	EVP	Sell	1,000	$162.08	$162,080.00
5/20/2015	Leo S Horey III	Insider	Sell	17,927	$168.17	$3,014,783.59
5/14/2015	Keri A Shea	SVP	Sell	3,247	$166.40	$540,300.80
5/14/2015	Kevin P O'shea	CFO	Sell	7,582	$166.89	$1,265,359.98
5/14/2015	Sean J Breslin	COO	Sell	7,500	$166.64	$1,249,800.00
5/11/2015	Stephen W Wilson	EVP	Sell	3,652	$168.06	$613,755.12
11/17/2014	William M Mclaughlin	EVP	Sell	10,976	$158.01	$1,734,317.76
11/12/2014	Sean J Breslin	EVP	Sell	5,080	$157.04	$797,763.20
11/3/2014	Edward M Schulman	EVP	Sell	14,307	$157.63	$2,255,212.41
9/4/2014	Leo S Horey III	Insider	Sell	17,830	$155.50	$2,772,565.00
9/2/2014	Stephen W Wilson	EVP	Sell	6,395	$153.77	$983,359.15
8/29/2014	Keri A Shea	SVP	Sell	1,803	$154.33	$278,256.99
8/19/2014	William M Mclaughlin	EVP	Sell	3,500	$152.90	$535,150.00
8/14/2014	Kevin P O'shea	CFO	Sell	5,386	$151.63	$816,679.18
7/29/2014	Kevin P O'shea	CFO	Sell	5,125	$149.35	$765,418.75
7/28/2014	Stephen W Wilson	EVP	Sell	6,557	$148.87	$976,140.59
6/4/2014	Edward M Schulman	EVP	Sell	1,500	$142.66	$213,990.00
5/19/2014	Timothy Naughton	CEO	Sell	62,868	$140.27	$8,818,494.36
5/13/2014	Sean Breslin	EVP	Sell	1,000	$140.97	$140,970.00
5/7/2014	Keri Shea	SVP	Sell	2,878	$137.64	$396,127.92
5/6/2014	Edward Schulman	EVP	Sell	2,634	$137.47	$362,095.98
4/30/2014	William Mclaughlin	EVP	Sell	14,047	$136.50	$1,917,415.50
4/28/2014	Leo Horey III	Insider	Sell	15,012	$136.99	$2,056,493.88
4/28/2014	Stephen Wilson	EVP	Sell	5,831	$136.08	$793,482.48
2/28/2014	William Mclaughlin	EVP	Sell	3,500	$129.00	$451,500.00
2/24/2014	Sean Breslin	EVP	Sell	1,200	$130.00	$156,000.00
12/10/2013	Lance Primis	Director	Buy	1,000	$122.37	$122,370.00
8/30/2013	Lance Primis	Director	Buy	2,000	$124.43	$248,860.00
8/29/2013	H Jay Sarles	Director	Buy	2,000	$123.97	$247,940.00
7/30/2013	Kevin P O'shea	EVP	Sell	1,761	$138.10	$243,194.10
5/15/2013	William M Mclaughlin	EVP	Sell	5,000	$137.00	$685,000.00
3/6/2013	Sean J Breslin	EVP	Sell	1,600	$126.42	$202,272.00
2/5/2013	H Jay Sarles	Director	Buy	1,000	$125.12	$125,120.00
8/13/2012	Bryce Blair	Chairman	Sell	5,718	$139.84	$799,605.12

(Data available from 1/1/2013 forward)

Latest Headlines for AvalonBay Communities (NYSE:AVB)

Date	Headline
	AvalonBay Communities, Inc. (NYSE:AVB) – Top Stock from Financial Sector - The Daily Leicester (NYSE:AVB) thedailyleicester.com - October 1 at 9:09 AM
	REIT – Residential: AvalonBay Communities, Inc. (NYSE:AVB) Position of the day - Twin County News (NYSE:AVB) twincountynews.com - September 30 at 4:06 PM
	AvalonBay Communities Announces Third Quarter 2016 Earnings Release Date - Yahoo Finance (NYSE:AVB) finance.yahoo.com - September 30 at 4:06 PM
	AvalonBay Communities Announces Third Quarter 2016 Earnings Release Date - Business Wire (press release) (NYSE:AVB) www.businesswire.com - September 30 at 8:54 AM
	AvalonBay Communities Announces Third Quarter 2016 Earnings Release Date (NYSE:AVB) www.publicnow.com - September 30 at 8:54 AM
	AvalonBay Communities, Inc. (NYSE: AVB) – Is this large market cap stock undervalued? - The Daily Leicester (NYSE:AVB) thedailyleicester.com - September 29 at 3:52 PM
	A look at a High Market Cap Stock: AvalonBay Communities, Inc., AVB - The Daily Leicester (NYSE:AVB) thedailyleicester.com - September 28 at 3:37 PM
	AvalonBay Communities, Inc. (AVB) Ex-Dividend Date Scheduled for September 28 ... (NYSE:AVB) www.nasdaq.com - September 28 at 8:29 AM
	Top Gainers of the Day: AvalonBay Communities, Inc. (NYSE:AVB) from REIT – Residential (NYSE:AVB) twincountynews.com - September 27 at 3:40 PM
	Is AvalonBay Communities, Inc.(NYSE: AVB), a large market cap stock a smart buy? - The Daily Leicester (NYSE:AVB) thedailyleicester.com - September 26 at 3:48 PM
	Seven deals out as bond market eyes debate (NYSE:AVB) uk.finance.yahoo.com - September 26 at 3:48 PM
	AvalonBay Communities, Inc. (NYSE:AVB) from REIT – Residential – Todays Top Gains (NYSE:AVB) twincountynews.com - September 23 at 8:41 AM
	Today's Top Gainers in the Market AvalonBay Communities, Inc. (NYSE:AVB) from Financial - The Daily Leicester (NYSE:AVB) thedailyleicester.com - September 22 at 3:45 PM
	Is AvalonBay Communities, Inc. (NYSE:AVB), a large market cap stock a smart buy? (NYSE:AVB) twincountynews.com - September 21 at 4:35 PM
	High Market Cap Stock of the Day – AvalonBay Communities, Inc. (NYSE:AVB) (NYSE:AVB) twincountynews.com - September 20 at 9:35 AM
	It's Earnings Time: What to Do with Avalonbay Communities Inc. (NYSE:AVB) Stock - The Voice Registrar (NYSE:AVB) voiceregistrar.com - September 19 at 4:34 PM
	How has Avalonbay Communities Inc.:(NYSE:AVB) performed recently? - The Daily Leicester (NYSE:AVB) thedailyleicester.com - September 16 at 12:01 PM
	S&P Dow Jones Indices Launching New Real Estate Sector (NYSE:AVB) www.thestreet.com - September 16 at 12:01 PM
	Avalonbay Communities Incorporated (NYSE:AVB) Sellers Covered 16.04% of Their Shorts - Post News (NYSE:AVB) www.kentuckypostnews.com - September 15 at 8:58 PM
	Analysts Take: AvalonBay Communities, Inc. (NYSE:AVB) Projected Earnings & Price Targets - Frisco Fastball (NYSE:AVB) friscofastball.com - September 13 at 3:46 PM
	Avalonbay Communities Inc. (NYSE:AVB) from REIT – Residential – Todays Top Gains (NYSE:AVB) twincountynews.com - September 13 at 8:29 AM
	AvalonBay Communities, Inc. Declares Third Quarter 2016 Dividends (NYSE:AVB) www.publicnow.com - September 13 at 8:29 AM
	Avalonbay Communities Inc. (NYSE:AVB) from REIT – Residential – Todays Top Gains - Twin County News (NYSE:AVB) twincountynews.com - September 12 at 3:37 PM
	Stock Valuation Recap for Avalonbay Communities Inc. (NYSE:AVB) - Post News (NYSE:AVB) www.kentuckypostnews.com - September 10 at 8:26 AM
	Financial Stocks Worth Chasing: Pebblebrook Hotel Trust (PEB), Avalonbay Communities Inc. (AVB) - The Independent Republic (NYSE:AVB) theindependentrepublic.com - September 9 at 8:27 AM
	AvalonBay Communities, Inc. (NYSE:AVB) From The Analysts Point of View - National Daily Press (NYSE:AVB) www.nationaldailypress.com - September 9 at 8:27 AM
	Long Term Growth Stock in Review: Avalonbay Communities Inc. (NYSE:AVB) - National Daily Press (NYSE:AVB) www.nationaldailypress.com - September 9 at 8:27 AM
	Stock Sliding Down Over the Last Month: Avalonbay Communities Inc. (NYSE:AVB) - Post News (NYSE:AVB) www.kentuckypostnews.com - September 8 at 3:35 PM
	Bullish Two Hundred Day Moving Average Cross - AVB - NASDAQ ... - Nasdaq (NYSE:AVB) www.nasdaq.com - September 8 at 3:35 PM
	Bullish Two Hundred Day Moving Average Cross - AVB (NYSE:AVB) www.nasdaq.com - September 7 at 8:48 PM
	AvalonBay Employees Give Back to Communities in 5th Annual Spirit of Caring Month (NYSE:AVB) www.publicnow.com - September 6 at 8:48 PM
	AvalonBay upgraded by Sandler O'Neill (NYSE:AVB) finance.yahoo.com - September 6 at 3:44 PM
	Share Valuation Review for Avalonbay Communities Inc. (NYSE:AVB) - Post News (NYSE:AVB) www.kentuckypostnews.com - September 3 at 3:35 PM
	Top Research Reports for August 19, 2016 (NYSE:AVB) finance.yahoo.com - September 2 at 8:21 AM
	Shares Down for the Quarter: Avalonbay Communities Inc. (NYSE:AVB) - Post News (NYSE:AVB) www.kentuckypostnews.com - August 27 at 3:37 PM
	AvalonBay Communities, Inc. (NYSE:AVB) Rating In Focus - Investor Newswire (NYSE:AVB) www.investornewswire.com - August 26 at 3:38 PM
	BTIG Research Initiates Coverage on AvalonBay Communities, Inc. Com (AVB) With An Initial Rating Of “Buy” (NYSE:AVB) www.fidaily.com - August 25 at 3:43 PM
	BTIG launches REIT sector coverage - Seeking Alpha (NYSE:AVB) seekingalpha.com - August 25 at 8:29 AM
	AvalonBay Communities Enters Oversold Territory (NYSE:AVB) www.forbes.com - August 24 at 12:37 PM
	Top Financial Stock Picking: Piedmont Office Realty Trust Inc. (PDM), Avalonbay Communities Inc. (AVB) - The Independent Republic (NYSE:AVB) theindependentrepublic.com - August 24 at 11:53 AM
	The Key Numbers To Watch From Avalonbay Communities Inc. (NYSE:AVB)'s Earnings - The Voice Registrar (NYSE:AVB) voiceregistrar.com - August 22 at 3:42 PM
	Stock Tracking Lower for the Quarter: Avalonbay Communities Inc. (NYSE:AVB) - Post News (NYSE:AVB) www.kentuckypostnews.com - August 20 at 3:40 PM
	REIT – Residential: Avalonbay Communities Inc. (NYSE:AVB) Position of the day (NYSE:AVB) twincountynews.com - August 20 at 8:41 AM
	Analyst Rating Update on AvalonBay Communities, Inc. (NYSE:AVB) - Post News (NYSE:AVB) www.kentuckypostnews.com - August 19 at 4:19 PM
	ETF’s with exposure to AvalonBay Communities, Inc. : August 18, 2016 (NYSE:AVB) www.capitalcube.com - August 18 at 9:07 PM
	These Digital Locks Help Keep Tabs on Tenants (NYSE:AVB) www.bloomberg.com - August 18 at 3:49 PM
	AvalonBay Communities, Inc. breached its 50 day moving average in a Bearish Manner : AVB-US : August 17, 2016 (NYSE:AVB) www.capitalcube.com - August 17 at 11:52 AM
	Top Gainers of the Day: Avalonbay Communities Inc. (NYSE:AVB) from REIT – Residential (NYSE:AVB) twincountynews.com - August 16 at 8:57 PM
	Update on Avalonbay Communities Inc. (NYSE:AVB) for the day (NYSE:AVB) twincountynews.com - August 13 at 11:50 AM
	AVALONBAY COMMUNITIES INC Financials (NYSE:AVB) finance.yahoo.com - August 12 at 3:51 PM