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AvalonBay (AVB)
NYSE:AVB
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AVB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$160.45 - $236.26
Previous Close$230.79
Volume75.43K
Average Volume (3M)715.55K
Market Cap
$32.89B
Enterprise Value$40.65B
Total Cash (Recent Filing)$545.77M
Total Debt (Recent Filing)$8.37B
Price to Earnings (P/E)39.4
Beta0.74
Next Earnings
Oct 23, 2024EPS Estimate
$1.38Last Dividend Ex-Date
Jun 28, 2024Dividend Yield2.88%
Share Statistics
EPS (TTM)5.91
Shares Outstanding142,216,792
10 Day Avg. Volume981,491
30 Day Avg. Volume715,554
Standard Deviation0.07
R-Squared0.54
Alpha-0.00575
Financial Highlights & Ratios
Price to Book (P/B)2.79
Price to Sales (P/S)11.66
Price to Cash Flow (P/CF)22.00
P/FCF Ratio87.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue14.42
Enterprise Value/Gross Profit22.84
Enterprise Value/Ebitda24.65
Forecast
1Y Price Target
$233.27Price Target Upside0.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
AvalonBay News
Bulls Say, Bears Say
Bulls Say
Development ProjectsAVB has 20 active/un-stabilized development projects, totaling $2.9 billion with a 6.1% weighted average projected yield.
EarningsAnalyst projects 5.5% normalized FFOps growth from 2024-2029, the highest in the apartment coverage universe.
Geographic 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.
Bears Say
Financial Guidance3Q24 Core FFOps guidance was below consensus.
Market ConditionsSome of AVB’s relative advantage will moderate as supply growth slows across Southern markets.
Regional PerformanceNYC improvement remains challenged as eviction processes move more slowly.
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Ownership Overview
17.09% Insiders
28.60% Mutual Funds
41.52% Other Institutional Investors
12.79% 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 $160.45 and its highest was $236.26 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 Oct 23, 2024 which is in 34 days.
How were AvalonBay’s earnings last quarter?
AvalonBay released its earnings results on Jul 31, 2024. The company reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.51.
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 2.88%. See more information on AvalonBay dividends here
What is AvalonBay’s EPS estimate?
AvalonBay’s EPS estimate is $1.38.
How many shares outstanding does AvalonBay have?
AvalonBay has 142,216,800 shares outstanding.
What happened to AvalonBay’s price movement after its last earnings report?
AvalonBay reported an EPS of $1.78 in its last earnings report, beating expectations of $1.27. Following the earnings report the stock price went up 3.958%.
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 122M.
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AvalonBay Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$233.27 (0.86% Upside)
$233.27 (0.86% Upside)
Blogger Sentiment
Bullish
AVB Sentiment 84%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 511.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 2.3%
Last 30 Days ▲ 2.3%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.11%
12-Months-Change
Fundamentals
Return on Equity
7.13%
Trailing 12-Months
Asset Growth
1.11%
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
Q2 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
$233.27
▲(0.86% Upside)
Technical Analysis
Best Analysts Covering AVB
1 Year
1 Year Success Rate
11/11 ratings generated profit
1 Year Average Return
+22.18%
reiterated a buy rating 9 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 +22.18% per trade.
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