As of December 31, 2017, the Company owned or held a direct or indirect ownership interest in 288 apartment communities containing 84,158 apartment homes in 12 states and the District of Columbia, of which 21 communities were under development and nine 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. More information may be found on the Company's website at http://www.avalonbay.com.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
SymbolNYSE:AVB
CUSIP05348410
Phone703-329-6300
Debt
Debt-to-Equity Ratio0.74
Current Ratio0.75
Quick Ratio0.75
Price-To-Earnings
Trailing P/E Ratio19.82
Forward P/E Ratio19.09
P/E Growth2.58
Sales & Book Value
Annual Sales$2.16 billion
Price / Sales10.94
Cash Flow$10.7779 per share
Price / Cash15.85
Book Value$75.23 per share
Price / Book2.27
Profitability
EPS (Most Recent Fiscal Year)$8.62
Net Income$876.92 million
Net Margins35.62%
Return on Equity7.57%
Return on Assets4.28%
Miscellaneous
Employees3,112
Outstanding Shares138,210,000
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, May 23rd. Investors of record on Friday, June 29th will be given a dividend of $1.47 per share on Monday, July 16th. This represents a $5.88 annualized dividend and a dividend yield of 3.44%. The ex-dividend date is Thursday, June 28th. View AvalonBay Communities' Dividend History.
How were AvalonBay Communities' earnings last quarter?
AvalonBay Communities Inc (NYSE:AVB) issued its earnings results on Wednesday, April, 25th. The real estate investment trust reported $1.03 earnings per share for the quarter, missing the consensus estimate of $2.19 by $1.16. The real estate investment trust had revenue of $560.80 million for the quarter, compared to analysts' expectations of $556.23 million. AvalonBay Communities had a net margin of 35.62% and a return on equity of 7.57%. AvalonBay Communities's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $2.09 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 updated its second quarter earnings guidance on Wednesday, April, 25th. The company provided earnings per share (EPS) guidance of $2.16-2.22 for the period, compared to the Thomson Reuters consensus estimate of $2.22.
What price target have analysts set for AVB?
22 Wall Street analysts have issued 12 month price targets for AvalonBay Communities' shares. Their predictions range from $166.00 to $211.00. On average, they anticipate AvalonBay Communities' share price to reach $189.3158 in the next year. 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)
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), Public Storage (PSA), Prologis (PLD), Equinix (EQIX), Weyerhaeuser (WY), Equity Residential (EQR), DIGITAL Rlty Tr/SH SH (DLR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR), Boston Properties (BXP) and SBA Communications (SBAC).
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)
Has AvalonBay Communities been receiving favorable news coverage?
Headlines about AVB stock have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AvalonBay Communities earned a coverage optimism score of 0.07 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 46.00 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are AvalonBay Communities' major shareholders?
AvalonBay Communities' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.94%), Principal Financial Group Inc. (2.24%), Northern Trust Corp (1.80%), Centersquare Investment Management LLC (1.64%), Dimensional Fund Advisors LP (1.48%) and Schwab Charles Investment Management Inc. (1.00%). 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, 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 Sei Investments Co., Millennium Management LLC, Barings LLC, Lord Abbett & CO. LLC, Russell Investments Group Ltd., Echo Street Capital Management LLC, Wells Fargo & Company MN and Northern Trust Corp. Company insiders that have sold AvalonBay Communities company stock in the last year include Leo S Horey III, Sean J Breslin and Timothy J Naughton. View Insider Buying and Selling for AvalonBay Communities.
Which institutional investors are buying AvalonBay Communities stock?
AVB stock was acquired by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Brookfield Asset Management Inc., Long Pond Capital LP, Principal Financial Group Inc., Caisse DE Depot ET Placement DU Quebec, Schwab Charles Investment Management Inc., Natixis and V3 Capital 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 $170.83.
How big of a company is AvalonBay Communities?
AvalonBay Communities has a market capitalization of $23.48 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.
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 (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.
