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AvalonBay (AVB)
NYSE:AVB
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AVB Stock Chart & Stats
Day’s Range― - ―
52-Week Range$169.37 - $239.29
Previous CloseN/A
Volume146.42K
Average Volume (3M)594.99K
Market Cap
$31.03B
Enterprise Value$39.86B
Total Cash (Recent Filing)$214.99M
Total Debt (Recent Filing)$7.03B
Price to Earnings (P/E)29.8
Beta0.85
Next Earnings
Feb 05, 2025EPS Estimate
1.3Last Dividend Ex-Date
Dec 31, 2024Dividend Yield3.12%
Share Statistics
EPS (TTM)7.32
Shares Outstanding142,237,230
10 Day Avg. Volume583,102
30 Day Avg. Volume594,986
Standard Deviation0.07
R-Squared0.56
Alpha-0.00516
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)10.78
Price to Cash Flow (P/CF)16.00
P/FCF Ratio354.60
Enterprise Value/Market Cap1.28
Enterprise Value/Revenue13.92
Enterprise Value/Gross Profit22.40
Enterprise Value/Ebitda19.05
Forecast
1Y Price Target
$241.53Price Target Upside10.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
AvalonBay News
PremiumTipRanks Newswire
Gauging Arrived’s Attractive Dividend Yields vs. REIT Stocks
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAVB reported 3Q24 core FFO of $2.74, a +2c beat vs consensus / +3c vs Mizuho with sector-leading blended lease spreads and YoY FFO/sh growth.
Portfolio GrowthDuring the quarter, Avalon acquired three properties and after quarter end, acquired another property, indicating growth in their portfolio.
Strategic Market FocusAVB strategically targets regions with thriving employment opportunities in high-paying sectors, coupled with lower housing affordability and a rich and diverse quality of life.
Bears Say
Development YieldsProjected stabilized yields on development declined 20 basis points quarter-over-quarter to 5.9%.
Lease Rate GrowthOctober blended lease rate growth of 1.2% shows deceleration from 2.3% in September.
New Lease RatesNew lease rates declined to -1.8% in October, which led to declines for September and October.
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Ownership Overview
0.32% Insiders
29.20% Mutual Funds
0.12% Other Institutional Investors
42.01% 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 $169.37 and its highest was $239.29 in the past 12 months.
What is AvalonBay’s market cap?
AvalonBay’s market cap is $31.03B.
When is AvalonBay’s upcoming earnings report date?
AvalonBay’s upcoming earnings report date is Feb 05, 2025 which is in 13 days.
How were AvalonBay’s earnings last quarter?
AvalonBay released its earnings results on Nov 04, 2024. The company reported $2.61 earnings per share for the quarter, beating the consensus estimate of $1.341 by $1.269.
Is AvalonBay overvalued?
According to Wall Street analysts AvalonBay’s price is currently Undervalued.
Does AvalonBay pay dividends?
AvalonBay pays a Quarterly dividend of $6.8 which represents an annual dividend yield of 3.12%. See more information on AvalonBay dividends here
What is AvalonBay’s EPS estimate?
AvalonBay’s EPS estimate is 1.3.
How many shares outstanding does AvalonBay have?
AvalonBay has 142,237,230 shares outstanding.
What happened to AvalonBay’s price movement after its last earnings report?
AvalonBay reported an EPS of $2.61 in its last earnings report, beating expectations of $1.341. Following the earnings report the stock price went up 3.607%.
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 115M.
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AvalonBay Stock Smart Score
Unlock Smart Score
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$241.53 (10.72% Upside)
$241.53 (10.72% Upside)
Blogger Sentiment
Bullish
AVB Sentiment 62%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 169.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.6%
Last 30 Days ▲ 7.7%
Last 30 Days ▲ 7.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.40%
12-Months-Change
Fundamentals
Return on Equity
8.77%
Trailing 12-Months
Asset Growth
2.93%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a positive outlook with AvalonBay Communities exceeding financial guidance and demonstrating strong growth and strategic execution. Despite challenges such as supply pressure in the Sunbelt and higher operating expenses, the company remains optimistic about its development pipeline and future growth prospects.Read More>---
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
$241.53
▲(10.72% Upside)
Technical Analysis
Equity Residential
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Essex Property
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Mid-America Apartment
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UDR
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Camden Property
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Apartment Investment & Management
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Best Analysts Covering AVB
1 Year
1 Year Success Rate
10/13 ratings generated profit
1 Year Average Return
+15.20%
reiterated a buy rating last month
Copying James Feldman's trades and holding each position for 1 Year would result in 76.92% of your transactions generating a profit, with an average return of +15.20% per trade.
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