NYSE:AVB - AvalonBay Communities Stock Price, News, & Analysis

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$179.79 +1.61 (+0.90 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$178.18
Today's Range$178.41 - $180.67
52-Week Range$152.65 - $191.91
Volume422,022 shs
Average Volume574,160 shs
Market Capitalization$24.69 billion
P/E Ratio20.86
Dividend Yield3.29%
Beta0.51
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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
CUSIP05348410
Phone703-329-6300

Debt

Current Ratio0.77
Quick Ratio0.77

Price-To-Earnings

Sales & Book Value

Annual Sales$2.16 billion
Price / Sales11.51
Cash Flow$10.7917 per share
Price / Cash Flow16.66
Book Value$75.23 per share
Price / Book2.39

Profitability

Net Income$876.92 million
Net Margins36.54%
Return on Assets4.44%

Miscellaneous

Employees3,112
Market Cap$24.69 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 announced a quarterly dividend on Wednesday, November 14th. Shareholders 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 yield of 3.27%. The ex-dividend date of this dividend is Friday, December 28th. View AvalonBay Communities' Dividend History.

How were AvalonBay Communities' earnings last quarter?

AvalonBay Communities Inc (NYSE:AVB) announced its quarterly earnings data on Monday, October, 29th. The real estate investment trust reported $1.39 EPS for the quarter, missing analysts' consensus estimates of $2.26 by $0.87. The real estate investment trust had revenue of $575.98 million for the quarter, compared to analysts' expectations of $573.87 million. AvalonBay Communities had a net margin of 36.54% and a return on equity of 7.96%. AvalonBay Communities's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.72 EPS. View AvalonBay Communities' Earnings History.

When is AvalonBay Communities' next earnings date?

AvalonBay Communities is scheduled to release their next quarterly earnings announcement on Monday, February 4th 2019. View Earnings Estimates for AvalonBay Communities.

How can I listen to AvalonBay Communities' earnings call?

AvalonBay Communities will be holding an earnings conference call on Tuesday, February 5th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8665756539.

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?

18 equities research analysts have issued 12 month target prices for AvalonBay Communities' stock. Their forecasts range from $166.00 to $216.00. On average, they anticipate AvalonBay Communities' share price to reach $193.3750 in the next year. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for AvalonBay Communities.

What is the consensus analysts' recommendation for AvalonBay Communities?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AvalonBay Communities in the last year. There are currently 1 sell rating, 9 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, "Shares of AvalonBay have outperformed its industry over the past six months. Moreover, the recent trend in estimate revisions of 2019 funds from operations (FFO) per share indicates a favorable outlook. In December, the company completed the sale of 80% interest in five Manhattan apartment communities. The move reflects its effort to monetize a considerable portion of investments in these properties. Going forward, AvalonBay is expected to benefit from its high quality assets in premium locations, favorable demographics, household formation, recovering economy and job-market growth. Yet, new apartment deliveries are anticipated to remain elevated in the company’s markets in the near-to-mid term, limiting robust rent growth for AvalonBay." (1/15/2019)
  • 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?

News articles about AVB stock have trended somewhat positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. AvalonBay Communities earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of AvalonBay Communities' key competitors?

Who are AvalonBay Communities' key executives?

AvalonBay Communities' management team includes the folowing people:
  • Mr. Timothy J. Naughton, Chairman, CEO & Pres (Age 58)
  • Mr. Kevin P. O'Shea, Chief Financial Officer (Age 53)
  • Mr. Sean J. Breslin, Chief Operating Officer (Age 52)
  • Mr. Matthew H. Birenbaum, Chief Investment Officer (Age 53)
  • Mr. Stephen W. Wilson CPA, C.M.A., Exec. VP of Devel. - West Coast & Mid-Atlantic (Age 62)

Who are AvalonBay Communities' major shareholders?

AvalonBay Communities' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Scout Investments Inc. (0.21%), Timbercreek Investment Management Inc. (0.09%), State of Alaska Department of Revenue (0.05%), Gulf International Bank UK Ltd (0.02%), DNB Asset Management AS (0.01%) and Louisiana State Employees Retirement System (0.01%). 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 major investors are selling AvalonBay Communities stock?

AVB stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Timbercreek Investment Management Inc., DNB Asset Management AS, Louisiana State Employees Retirement System, First Hawaiian Bank and West Oak Capital LLC. 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 and William M Mclaughlin. View Insider Buying and Selling for AvalonBay Communities.

Which major investors are buying AvalonBay Communities stock?

AVB stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Fox Run Management L.L.C., State of Alaska Department of Revenue and Gateway Investment Advisers LLC. 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 $179.79.

How big of a company is AvalonBay Communities?

AvalonBay Communities has a market capitalization of $24.69 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?

The official website for AvalonBay Communities is http://www.avalonbay.com.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  433 (Vote Outperform)
Underperform Votes:  526 (Vote Underperform)
Total Votes:  959
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.
This page was last updated on 1/15/2019 by MarketBeat.com Staff

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