AVB - AvalonBay Communities Inc Stock Price, Fair Value and News

198.88USD+0.83 (+0.42%)Market Closed

Market Summary

USD198.88+0.83

Market Closed

0.42%

AVB Stock Price

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AVB RSI Chart

AVB Valuation

Market Cap

28.3B

Price/Earnings (Trailing)

29.6

Price/Sales (Trailing)

10.08

EV/EBITDA

14.17

Price/Free Cashflow

17.93

AVB Price/Sales (Trailing)

AVB Profitability

EBT Margin

34.28%

Return on Equity

8.15%

Return on Assets

4.63%

Free Cashflow Yield

5.58%

AVB Fundamentals

AVB Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

5.65%

Rev. Growth (Qtr)

1.16%

AVB Earnings

Earnings (TTM)

955.2M

Earnings Growth (Yr)

18.14%

Earnings Growth (Qtr)

-28.27%

Breaking Down AVB Revenue

Last 7 days

1.0%

Last 30 days

9.9%

Last 90 days

12.3%

Trailing 12 Months

13.0%

How does AVB drawdown profile look like?

AVB Financial Health

AVB Investor Care

Dividend Yield

3.32%

Dividend/Share (TTM)

6.6

Shares Dilution (1Y)

0.13%

Diluted EPS (TTM)

6.73

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.8B	0	0	0
2023	2.7B	2.7B	2.7B	2.8B
2022	2.4B	2.4B	2.5B	2.6B
2021	2.3B	2.2B	2.2B	2.3B
2020	2.4B	2.4B	2.3B	2.3B
2019	2.3B	2.3B	2.3B	2.3B
2018	2.2B	2.2B	2.3B	2.3B
2017	2.1B	2.1B	2.1B	2.2B
2016	1.9B	2.0B	2.0B	2.0B
2015	1.7B	1.8B	1.8B	1.9B
2014	1.6B	1.6B	1.6B	1.7B
2013	1.1B	1.2B	1.3B	1.5B
2012	950.7M	964.1M	982.1M	1.0B
2011	886.3M	902.5M	919.8M	936.4M
2010	830.5M	833.3M	840.4M	874.0M
2009	825.9M	826.9M	826.6M	830.0M
2008	0	756.6M	785.4M	814.2M
2007	0	0	0	727.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of AvalonBay Communities Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	birenbaum matthew h.	gifted	-	-	-500	chief investment officer
Mar 08, 2024	o'shea kevin p.	sold	-928,248	185	-5,000	chief financial officer
Mar 07, 2024	lockridge joanne m	sold	-323,925	185	-1,750	executive vice president
Mar 01, 2024	brown terry s.	acquired	-	-	189	-
Mar 01, 2024	schall benjamin	sold (taxes)	-	-	-14,785	ceo & president
Mar 01, 2024	lockridge joanne m	sold (taxes)	-	-	-807	executive vice president
Mar 01, 2024	naughton timothy j	sold (taxes)	-	-	-22,200	-
Mar 01, 2024	breslin sean j.	sold (taxes)	-	-	-7,032	chief operating officer
Mar 01, 2024	shea keri a	sold (taxes)	-	-	-484	svp-finance and treasurer
Mar 01, 2024	birenbaum matthew h.	sold (taxes)	-	-	-7,162	chief investment officer

Which funds bought or sold AVB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 17, 2024	Plato Investment Management Ltd	added	863	550,728	615,131	0.06%
May 17, 2024	New Covenant Trust Company, N.A.	new	-	10,391	10,391	0.01%
May 17, 2024	Aspect Partners, LLC	unchanged	-	-27.00	2,969	-%
May 16, 2024	Wiser Advisor Group LLC	added	0.36	7.00	51,643	0.08%
May 16, 2024	Global Financial Private Client, LLC	unchanged	-	-383	11,786	-%
May 16, 2024	Ancora Advisors LLC	unchanged	-	-15.00	1,629	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-0.09	-402,255	40,758,800	0.05%
May 16, 2024	Tidal Investments LLC	added	36.46	1,820,380	6,984,100	0.12%
May 16, 2024	Beacon Capital Management, LLC	new	-	1,670	1,670	-%
May 16, 2024	Colony Group, LLC	reduced	-14.69	-61,000	333,000	-%

Are Funds Buying or Selling AVB?

Are funds buying AVB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AVB

No. of Funds

Unveiling AvalonBay Communities Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	15.91%	22,594,379	SC 13G/A
Jan 29, 2024	state street corp	6.99%	9,927,040	SC 13G/A
Jan 24, 2024	blackrock inc.	11.5%	16,300,185	SC 13G/A
Feb 09, 2023	vanguard group inc	16.38%	22,919,307	SC 13G/A
Feb 06, 2023	state street corp	6.90%	9,656,376	SC 13G/A
Jan 26, 2023	blackrock inc.	10.7%	15,029,314	SC 13G/A
Jan 20, 2023	blackrock inc.	10.7%	15,029,314	SC 13G/A
Feb 10, 2022	state street corp	6.77%	9,455,348	SC 13G/A
Feb 09, 2022	vanguard group inc	16.01%	22,369,485	SC 13G/A
Feb 07, 2022	blackrock inc.	10.9%	15,215,579	SC 13G/A

Recent SEC filings of AvalonBay Communities Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	8-K	Current Report
May 14, 2024	8-K	Current Report
May 08, 2024	424B5	Prospectus Filed
May 07, 2024	424B5	Prospectus Filed
May 07, 2024	FWP	Prospectus Filed
May 03, 2024	DEFA14A	DEFA14A

Peers (Alternatives to AvalonBay Communities Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	90.9B	11.2B	13.13%	1.87%	46.04	8.11	3.63%	50.79%
CCI	44.7B	6.8B	10.57%	-9.74%	32.06	6.53	-2.39%	-16.60%
AVB	28.3B	2.8B	9.91%	13.04%	29.6	10.08	5.72%	-6.47%
ARE	21.7B	3.0B	6.63%	6.21%	110.61	7.35	10.44%	-73.79%
AMH	13.5B	-	6.12%	9.11%	31.9	8.3	8.93%	11.87%
REG	11.3B	1.4B	6.30%	4.57%	30.12	8.22	10.48%	-2.93%
BXP	9.9B	3.3B	9.08%	28.09%	51.64	3	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	5.40%	14.57%	35.59	7.38	5.48%	-38.69%
SLG	3.4B	892.3M	6.62%	140.10%	-6.71	3.85	-5.33%	-307.54%
MAC	3.4B	878.0M	1.11%	67.10%	-9.8	3.82	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	12.17%	21.82%	20.36	3.15	3.54%	8.91%
AIV	1.2B	198.2M	6.70%	-0.84%	-7.55	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.51%	2.13%	36.77	1.73	27.93%	140.31%
NYMT	572.0M	285.4M	-8.06%	-36.92%	-4.15	2	11.05%	83.70%
IVR	459.4M	277.2M	15.74%	-12.95%	-56.03	1.66	25.89%	94.64%

AvalonBay Communities Inc News

Latest updates

AvalonBay Communities Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.2%	713	705	698	691	675	670	665	645	614	601	581	562	551	555	567	576	602	594	588	577	566
Costs and Expenses	2.0%	550	539	546	516	529	521	527	509	499	482	508	474	462	464	456	444	463	431	428	429	409
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	430	428	430	410
S&GA Expenses	-100.0%	-	18.00	20.00	18.00	20.00	21.00	15.00	21.00	17.00	16.00	17.00	18.00	17.00	13.00	14.00	16.00	17.00	13.00	13.00	19.00	14.00
EBITDA Margin	-1.2%	0.70*	0.71*	0.72*	0.85*	0.79*	0.85*	0.90*	0.75*	0.91*	0.87*	0.87*	0.90*	-	-	-	-	-	-	-	-	-
Interest Expenses	-24.7%	37.00	49.00	48.00	52.00	57.00	57.00	57.00	59.00	57.00	56.00	56.00	56.00	53.00	52.00	53.00	53.00	56.00	54.00	51.00	50.00	48.00
Income Taxes	-100.9%	-0.02	2.00	4.00	-0.22	4.00	7.00	6.00	-0.16	2.00	4.00	2.00	0.00	-0.75	-2.18	-0.03	-1.13	0.00	2.00	11.00	-	-0.01
Earnings Before Taxes	-29.0%	174	245	176	368	150	248	500	138	265	340	81.00	448	141	339	148	170	168	169	291	168	170
EBT Margin	1.1%	0.34*	0.34*	0.34*	0.47*	0.39*	0.44*	0.49*	0.34*	0.48*	0.44*	0.45*	0.48*	-	-	-	-	-	-	-	-	-
Net Income	-28.3%	174	242	172	368	147	241	495	139	262	335	79.00	448	142	341	148	171	168	168	280	168	170
Net Income Margin	1.5%	0.34*	0.34*	0.34*	0.46*	0.38*	0.44*	0.49*	0.33*	0.48*	0.44*	0.45*	0.48*	-	-	-	-	-	-	-	-	-
Free Cashflow	19.3%	413	346	471	346	396	341	440	296	344	291	343	238	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.2%	20,641	20,678	20,703	20,806	20,175	20,458	20,165	19,769	19,870	19,902	19,479	19,317	19,121	19,199	19,145	19,351	19,891	19,121	19,060	18,933	18,640
Cash Equivalents	6.4%	424	398	509	770	254	613	201	153	343	420	322	297	129	314	88.00	323	778	128	246	244	63.00
Liabilities	0.4%	8,925	8,893	8,924	8,989	9,003	9,202	8,951	8,848	8,889	8,966	8,688	8,405	8,449	8,444	8,472	8,478	8,976	8,128	8,242	8,179	7,903
Shareholder's Equity	-0.6%	11,714	11,783	11,778	11,816	11,169	11,253	11,211	10,918	10,977	10,933	10,788	10,909	10,669	10,752	10,670	10,871	10,913	10,990	10,815	10,751	10,734
Retained Earnings	-14.4%	409	478	471	534	402	485	467	195	279	241	129	272	47.00	126	30.00	172	226	283	329	263	307
Additional Paid-In Capital	-0.1%	11,280	11,288	11,279	11,269	10,764	10,765	10,739	10,727	10,711	10,716	10,685	10,671	10,658	10,664	10,681	10,743	10,732	10,737	10,529	10,519	10,458
Shares Outstanding	0.1%	142	142	142	142	140	140	140	140	140	140	140	140	-	-	-	-	-	-	-	-	-
Minority Interest	-100.0%	-	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	-
Float	-	-	-	-	26,794	-	-	-	27,081	-	-	-	29,037	-	-	-	21,698	-	-	-	28,279	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	19.3%	412,905	346,187	471,263	346,461	396,118	341,492	440,392	296,368	343,680	291,428	343,113	238,484	330,145	257,541	333,157	287,213	341,704	306,882	377,190	275,946	361,786
Share Based Compensation	10.9%	5,870	5,293	6,734	7,194	7,921	7,090	9,093	10,711	6,970	4,845	7,475	7,803	5,382	3,850	5,883	6,532	5,338	4,811	7,091	8,098	5,621
Cashflow From Investing	23.2%	-265,818	-346,091	-284,987	-30,538	-267,339	-211,930	8,019	-266,308	-90,200	-308,300	-404,958	245,157	-155,952	141,890	-136,195	-49,061	-136,067	-436,665	-167,180	-276,838	-313,186
Cashflow From Financing	-2.1%	-254,497	-249,242	-353,168	255,011	-486,960	117,557	-221,476	-227,280	-339,857	124,810	10,590	-226,268	-257,993	-268,299	-430,256	-690,879	535,170	-77,357	-205,300	135,729	-71,257
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	212,179	212,172	211,796	203,499
Buy Backs	-	-	-	-	782	1,129	-	-	-	-	-	-	-	-	46,418	-	-	-	-	-	-	-

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AVB Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Rental and other income	$ 711,064	$ 673,642
Management, development and other fees	1,795	1,066
Total revenue	712,859	674,708
Expenses:
Operating expenses, excluding property taxes	175,916	164,832
Property taxes	79,780	74,495
Expensed transaction, development and other pursuit costs, net of recoveries	4,245	2,992
Interest expense, net	54,766	56,821
Depreciation expense	212,269	204,743
General and administrative expense	20,331	20,400
Casualty and impairment loss	2,935	5,051
Total expenses	550,242	529,334
Income from unconsolidated investments	10,847	4,845
Other real estate activity	71	116
Income before income taxes	173,535	150,335
Income tax benefit (expense)	22	(3,560)
Net income	173,557	146,775
Net (income) loss attributable to noncontrolling interests	(108)	127
Net income attributable to common stockholders	173,449	146,902
Other comprehensive income:
Gain (loss) on cash flow hedges	7,339	(340)
Cash flow hedge losses reclassified to earnings	146	354
Comprehensive income	$ 180,934	$ 146,916
Earnings per common share - basic:
Net income attributable to common stockholders (in dollars per share)	$ 1.22	$ 1.05
Earnings per common share - diluted:
Net income attributable to common stockholders (in dollars per share)	$ 1.22	$ 1.05

AVB Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Real estate:
Land and improvements	$ 4,742,140	$ 4,720,331
Buildings and improvements	19,643,649	19,438,195
Furniture, fixtures and equipment	1,275,563	1,238,330
Gross operating real estate	25,661,352	25,396,856
Less accumulated depreciation	(7,720,513)	(7,521,962)
Net operating real estate	17,940,839	17,874,894
Construction in progress, including land	1,210,773	1,268,915
Land held for development	211,546	199,062
Real estate assets held for sale, net	9,629	0
Total real estate, net	19,372,787	19,342,871
Cash and cash equivalents	287,892	397,890
Restricted cash	135,658	133,070
Unconsolidated investments	220,384	220,145
Deferred development costs	54,038	53,122
Prepaid expenses and other assets	437,664	396,442
Right of use lease assets	132,474	134,674
Total assets	20,640,897	20,678,214
LIABILITIES AND EQUITY
Unsecured notes, net	7,257,806	7,256,152
Variable rate unsecured credit facility and commercial paper, net	0	0
Mortgage notes payable, net	725,465	725,670
Dividends payable	243,604	238,072
Payables for construction	87,167	87,703
Accrued expenses and other liabilities	323,819	310,868
Lease liabilities	150,926	153,232
Accrued interest payable	71,966	57,911
Resident security deposits	64,437	63,815
Total liabilities	8,925,190	8,893,423
Commitments and contingencies
Redeemable noncontrolling interests	1,473	1,473
Equity:
Preferred stock, $0.01 par value; $25 liquidation preference; 50,000,000 shares authorized at March 31, 2024 and December 31, 2023; zero shares issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common stock, $0.01 par value; 280,000,000 shares authorized at March 31, 2024 and December 31, 2023; 142,184,758 and 142,025,456 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	1,422	1,420
Additional paid-in capital	11,279,840	11,287,626
Accumulated earnings less dividends	409,371	478,156
Accumulated other comprehensive income	23,601	16,116
Total equity	11,714,234	11,783,318
Total liabilities and equity	$ 20,640,897	$ 20,678,214

About AvalonBay Communities Inc

As of June 30, 2023, the Company owned or held a direct or indirect ownership interest in 294 apartment communities containing 88,659 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.

CEO	Mr. Benjamin W. Schall
WEBSITE	avalonbay.com
INDUSTRY	REIT Mortgage
EMPLOYEES	2859

AvalonBay Communities Inc Frequently Asked Questions

What is the ticker symbol for AvalonBay Communities Inc? What does AVB stand for in stocks?

AVB is the stock ticker symbol of AvalonBay Communities Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AvalonBay Communities Inc (AVB)?

As of Fri May 17 2024, market cap of AvalonBay Communities Inc is 28.28 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AVB stock?

You can check AVB's fair value in chart for subscribers.

What is the fair value of AVB stock?

You can check AVB's fair value in chart for subscribers. The fair value of AvalonBay Communities Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AvalonBay Communities Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AVB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AvalonBay Communities Inc a good stock to buy?

The fair value guage provides a quick view whether AVB is over valued or under valued. Whether AvalonBay Communities Inc is cheap or expensive depends on the assumptions which impact AvalonBay Communities Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AVB.

What is AvalonBay Communities Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, AVB's PE ratio (Price to Earnings) is 29.6 and Price to Sales (PS) ratio is 10.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AVB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AvalonBay Communities Inc's stock?

In the past 10 years, AvalonBay Communities Inc has provided 0.064 (multiply by 100 for percentage) rate of return.