AVB RSI Chart
Last 7 days
5.8%
Last 30 days
5.1%
Last 90 days
8.7%
Trailing 12 Months
11.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Mar 01, 2024 | walsh alaine susan | sold (taxes) | - | - | -379 | executive vice president |
Which funds bought or sold AVB recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | WEDGE CAPITAL MANAGEMENT L L P/NC | reduced | -30.3 | -983,846 | 2,197,960 | 0.04% |
Apr 23, 2024 | Venturi Wealth Management, LLC | reduced | -10.48 | -2,617 | 20,599 | -% |
Apr 23, 2024 | Gradient Investments LLC | reduced | -99.07 | -16,133,800 | 150,310 | -% |
Apr 23, 2024 | PFG Private Wealth Management, LLC | added | 3.24 | 2,419 | 106,326 | 0.07% |
Apr 23, 2024 | NEW MEXICO EDUCATIONAL RETIREMENT BOARD | reduced | -4.04 | -68,000 | 1,322,000 | 0.05% |
Apr 23, 2024 | AMALGAMATED BANK | reduced | -17.09 | -1,183,000 | 5,458,000 | 0.05% |
Apr 23, 2024 | Global Retirement Partners, LLC | added | 31.9 | 7,494 | 28,391 | -% |
Apr 23, 2024 | CIGNA INVESTMENTS INC /NEW | unchanged | - | -2,000 | 281,000 | 0.05% |
Apr 23, 2024 | Livforsakringsbolaget Skandia, Omsesidigt | unchanged | - | -1,863 | 199,177 | 0.02% |
Apr 23, 2024 | WASHINGTON TRUST Co | unchanged | - | - | 3,370 | -% |
Unveiling AvalonBay Communities Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | 80.8B | 11.1B | 59.12 | 7.25 | ||||
CCI | 41.4B | 7.0B | 27.6 | 5.94 | ||||
AVB | 27.2B | 2.8B | 29.27 | 9.82 | ||||
ARE | 19.9B | 3.0B | 103.23 | 6.73 | ||||
AMH | 12.9B | 1.6B | 29.79 | 8.01 | ||||
REG | 11.0B | 1.3B | 30.18 | 8.32 | ||||
BXP | 9.9B | 3.3B | 51.93 | 3.02 | ||||
MID-CAP | ||||||||
FRT | 8.6B | 1.1B | 36.29 | 7.6 | ||||
SLG | 3.4B | 899.4M | -5.99 | 3.76 | ||||
MAC | 3.4B | 884.1M | -12.32 | 3.82 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 441.2M | 20.04 | 2.94 | ||||
AIV | 1.2B | 198.2M | -7.39 | 5.71 | ||||
MFA | 1.1B | 605.6M | 13.61 | 1.8 | ||||
NYMT | 647.8M | 258.7M | -13.31 | 2.5 | ||||
IVR | 417.7M | 277.9M | -26.34 | 1.5 |
AvalonBay Communities Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.0% | 705 | 698 | 691 | 675 | 670 | 665 | 645 | 614 | 601 | 581 | 562 | 551 | 555 | 567 | 576 | 602 | 594 | 588 | 577 | 566 | 579 |
Costs and Expenses | -1.2% | 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 | 438 |
S&GA Expenses | -12.1% | 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 | 16.00 |
EBITDA Margin | -1.7% | 0.71* | 0.72* | 0.85* | 0.79* | 0.85* | 0.90* | 0.75* | 0.91* | 0.87* | 0.87* | 0.90* | 0.76* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 2.8% | 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 | 55.00 |
Income Taxes | -44.2% | 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 | -0.25 |
Earnings Before Taxes | 38.8% | 245 | 176 | 368 | 150 | 248 | 500 | 138 | 265 | 340 | 81.00 | 448 | 141 | 339 | 148 | 170 | 168 | 169 | 291 | 168 | 170 | 385 |
EBT Margin | -1.6% | 0.34* | 0.34* | 0.47* | 0.39* | 0.44* | 0.49* | 0.34* | 0.48* | 0.44* | 0.45* | 0.48* | 0.35* | - | - | - | - | - | - | - | - | - |
Net Income | 40.8% | 242 | 172 | 368 | 147 | 241 | 495 | 139 | 262 | 335 | 79.00 | 448 | 142 | 341 | 148 | 171 | 168 | 168 | 280 | 168 | 170 | 386 |
Net Income Margin | -1.2% | 0.34* | 0.34* | 0.46* | 0.38* | 0.44* | 0.49* | 0.33* | 0.48* | 0.44* | 0.45* | 0.48* | 0.36* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -26.5% | 346 | 471 | 346 | 396 | 341 | 440 | 296 | 344 | 291 | 343 | 238 | 330 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.1% | 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 | 18,380 |
Cash Equivalents | -21.8% | 398 | 509 | 770 | 254 | 613 | 201 | 153 | 343 | 420 | 322 | 297 | 129 | 314 | 88.00 | 323 | 778 | 128 | 246 | 244 | 63.00 | 218 |
Liabilities | -0.3% | 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 | 7,744 |
Shareholder's Equity | 0.0% | 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 | 10,633 |
Retained Earnings | 1.5% | 478 | 471 | 534 | 402 | 485 | 467 | 195 | 279 | 241 | 129 | 272 | 47.00 | 126 | 30.00 | 172 | 226 | 283 | 329 | 263 | 307 | 351 |
Additional Paid-In Capital | 0.1% | 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 | 10,307 |
Shares Outstanding | 0.0% | 142 | 142 | 142 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | 140 | - | - | - | - | - | - | - | - | - |
Minority Interest | 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 (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -26.5% | 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 | 320,554 |
Share Based Compensation | -21.4% | 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 | 4,663 |
Cashflow From Investing | -21.4% | -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 | -101,195 |
Cashflow From Financing | 29.4% | -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 | -283,086 |
Dividend Payments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 212,179 | 212,172 | 211,796 | 203,499 | 203,087 |
Buy Backs | - | - | - | 782 | 1,129 | - | - | - | - | - | - | - | - | 46,418 | - | - | - | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenue: | |||
Rental and other income | $ 2,760,187 | $ 2,587,113 | $ 2,291,766 |
Management, development and other fees | 7,722 | 6,333 | 3,084 |
Total revenue | 2,767,909 | 2,593,446 | 2,294,850 |
Expenses: | |||
Operating expenses, excluding property taxes | 681,338 | 630,154 | 570,853 |
Property taxes | 306,794 | 288,960 | 283,089 |
Expensed transaction, development and other pursuit costs, net of recoveries | 33,479 | 16,565 | 3,231 |
Interest expense, net | 205,992 | 230,074 | 220,415 |
Loss on extinguishment of debt, net | 150 | 1,646 | 17,787 |
Depreciation expense | 816,965 | 814,978 | 758,596 |
General and administrative expense | 76,534 | 74,064 | 69,611 |
Casualty loss | 9,118 | 0 | 3,119 |
Total expenses | 2,130,370 | 2,056,441 | 1,926,701 |
Income from unconsolidated investments | 13,454 | 53,394 | 38,585 |
Gains (Losses) on Sales of Investment Real Estate | 287,424 | 555,558 | 602,235 |
Other real estate activity | 174 | 5,127 | 1,120 |
Income before income taxes | 938,591 | 1,151,084 | 1,010,089 |
Income Tax Expense (Benefit) | (10,153) | (14,646) | (5,733) |
Net income | 928,438 | 1,136,438 | 1,004,356 |
Net loss (income) attributable to noncontrolling interests | 387 | 337 | (57) |
Net income attributable to common stockholders | 928,825 | 1,136,775 | 1,004,299 |
Other comprehensive income: | |||
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, after Tax | 13,332 | 23,647 | 993 |
Cash flow hedge losses reclassified to earnings | 1,360 | 3,883 | 13,151 |
Comprehensive income | $ 943,517 | $ 1,164,305 | $ 1,018,443 |
Earnings per common share - basic: | |||
Net income per common share - basic (in dollars per share) | $ 6.56 | $ 8.13 | $ 7.19 |
Earnings per common share - diluted: | |||
Net income per common share - diluted (in dollars per share) | $ 6.56 | $ 8.12 | $ 7.19 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Real estate: | ||
Land and improvements | $ 4,720,331 | $ 4,640,971 |
Buildings and improvements | 19,438,195 | 18,804,510 |
Furniture, fixtures and equipment | 1,303,959 | 1,174,135 |
Gross operating real estate | 25,462,485 | 24,619,616 |
Less accumulated depreciation | (7,557,614) | (6,878,556) |
Net operating real estate | 17,904,871 | 17,741,060 |
Construction in progress, including land | 1,268,915 | 1,072,543 |
Land held for development | 199,062 | 179,204 |
Real estate assets held for sale, net | 0 | 0 |
Total real estate, net | 19,372,848 | 18,992,807 |
Cash and cash equivalents | 397,890 | 613,189 |
Restricted cash | 133,070 | 121,056 |
Unconsolidated investments | 220,145 | 212,084 |
Deferred development costs | 53,122 | 58,489 |
Prepaid expenses and other assets | 366,465 | 316,808 |
Right of use lease assets | 134,674 | 143,331 |
Total assets | 20,678,214 | 20,457,764 |
LIABILITIES AND EQUITY | ||
Unsecured notes, net | 7,256,152 | 7,602,305 |
Variable rate unsecured credit facility and commercial paper, net | 0 | 0 |
Mortgage notes payable, net | 725,670 | 713,740 |
Dividends payable | 238,072 | 226,022 |
Payables for construction | 87,703 | 72,802 |
Accrued expenses and other liabilities | 310,868 | 306,186 |
Lease liabilities | 153,232 | 162,671 |
Accrued interest payable | 57,911 | 54,100 |
Resident security deposits | 63,815 | 63,700 |
Total liabilities | 8,893,423 | 9,201,526 |
Commitments and contingencies | ||
Redeemable noncontrolling interests | 1,473 | 2,685 |
Equity: | ||
Preferred stock, $0.01 par value; $25 liquidation preference; 50,000,000 shares authorized at December 31, 2023 and December 31, 2022; zero shares issued and outstanding at December 31, 2023 and December 31, 2022 | 0 | 0 |
Common stock, $0.01 par value; 280,000,000 shares authorized at December 31, 2023 and December 31, 2022; 142,025,456 and 139,916,864 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 1,420 | 1,400 |
Additional paid-in capital | 11,287,549 | 10,765,431 |
Accumulated earnings less dividends | 478,156 | 485,221 |
Accumulated other comprehensive income | 16,116 | 1,424 |
Total stockholders' equity | 11,783,241 | 11,253,476 |
Noncontrolling interests | 77 | 77 |
Total equity | 11,783,318 | 11,253,553 |
Total liabilities and equity | $ 20,678,214 | $ 20,457,764 |
 | Mr. Benjamin W. Schall |
---|---|
 | avalonbay.com |
 | REIT Mortgage |
 | 2859 |