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AvalonBay (AVB)
NYSE:AVB
AvalonBay (AVB) Stock Price & Analysis
682 Followers
AVB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$156.26 - $208.45
Previous Close$204.32
Volume682.74K
Average Volume (3M)667.24K
Market Cap
$29.05B
Enterprise Value$36.64B
Total Cash (Recent Filing)$397.89M
Total Debt (Recent Filing)$7.98B
Price to Earnings (P/E)30.5
Beta0.86
Next Earnings
Jul 31, 2024EPS Estimate
$1.27Last Dividend Ex-Date
Jun 28, 2024Dividend Yield3.21%
Share Statistics
EPS (TTM)6.71
Shares Outstanding142,185,893
10 Day Avg. Volume598,960
30 Day Avg. Volume667,235
Standard Deviation0.07
R-Squared0.53
Alpha-0.00720
Financial Highlights & Ratios
Price to Book (P/B)2.46
Price to Sales (P/S)10.47
Price to Cash Flow (P/CF)20.90
P/FCF Ratio21.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.24
Enterprise Value/Gross Profit20.59
Enterprise Value/Ebitda23.75
Forecast
1Y Price Target
$210.07Price Target Upside2.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
AvalonBay News
Bulls Say, Bears Say
Bulls Say
Development StrategyAVB strategically targets regions with thriving employment opportunities in high-paying sectors, coupled with lower housing affordability and a rich and diverse quality of life.
Financial PerformanceA full portfolio (~96% occupancy) and a strong job market suggest incremental earnings upside potential to AVB's FY24 guide.
Growth ProspectsAVB is positioned for outsized growth due to its geographic and product-type footprint, largest MF REIT development pipeline, and cost of capital advantage with better than average debt spreads.
Bears Say
Financial Performance2Q24 Core FFO was initiated below Street likely due to operating expense pressures.
Market PerformanceAVB's expansion markets were their worst performers with 0% SS revenue growth and -3.1% NOI growth.
Regional ChallengesNYC improvement remains challenged as eviction processes move more slowly.
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Ownership Overview
17.11% Insiders
27.93% Mutual Funds
26.97% Other Institutional Investors
27.99% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AVB FAQ
What was AvalonBay’s price range in the past 12 months?
AvalonBay lowest stock price was $156.26 and its highest was $208.45 in the past 12 months.
What is AvalonBay’s market cap?
Currently, no data Available
When is AvalonBay’s upcoming earnings report date?
AvalonBay’s upcoming earnings report date is Jul 31, 2024 which is in 29 days.
How were AvalonBay’s earnings last quarter?
AvalonBay released its earnings results on Apr 25, 2024. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.215 by $0.005.
Is AvalonBay overvalued?
According to Wall Street analysts AvalonBay’s price is currently Undervalued.
Does AvalonBay pay dividends?
AvalonBay pays a Quarterly dividend of $1.7 which represents an annual dividend yield of 3.21%. See more information on AvalonBay dividends here
What is AvalonBay’s EPS estimate?
AvalonBay’s EPS estimate is $1.27.
How many shares outstanding does AvalonBay have?
AvalonBay has 142,185,900 shares outstanding.
What happened to AvalonBay’s price movement after its last earnings report?
AvalonBay reported an EPS of $1.22 in its last earnings report, beating expectations of $1.215. Following the earnings report the stock price went up 0.069%.
Which hedge fund is a major shareholder of AvalonBay?
Among the largest hedge funds holding AvalonBay’s share is AEW Capital Management, L.P.. It holds AvalonBay’s shares valued at 117M.
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AvalonBay Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$210.07 (2.88% Upside)
$210.07 (2.88% Upside)
Blogger Sentiment
Bullish
AVB Sentiment 90%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 444.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 5.9%
Last 30 Days ▲ 5.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.91%
12-Months-Change
Fundamentals
Return on Equity
8.33%
Trailing 12-Months
Asset Growth
2.31%
Trailing 12-Months
Company Description
AvalonBay
AvalonBay Communities, Inc. is a real estate investment trust, which engages in the development, acquisition, ownership, and operation of multifamily communities. It operates through the following segments: Established Communities, Other Stabilized Communities, and Development or Redevelopment Communities. The Established Communities segment refers to the operating communities that were owned and had stabilized occupancy. The Other Stabilized Communities segment includes all other completed communities that have stabilized occupancy. The Development or Redevelopment Communities segment consists of communities that are under construction. The company was founded by Gilbert M. Meyer in 1978 and is headquartered in Arlington, VA.
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AVB Company Deck
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AVB Earnings Call
Q1 2024
0:00 / 0:00
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AVB Revenue Breakdown
92.57% Same Store
4.91% Other Stabilized
2.24% Development/Redevelopment
0.28% Non-allocated
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AVB Stock 12 Month Forecast
Average Price Target
$210.07
▲(2.88% Upside)
Technical Analysis
Best Analysts Covering AVB
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+15.28%
assigned a buy rating 6 days ago
Copying James Feldman's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +15.28% per trade.
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