Avalonbay Communities is a residential REIT company located in Virginia, United States, which is part of the Real Estate sector, and is traded under the ticker AVB on the NYSE exchange.
Avalonbay Communities stock last closed at $195.18, up 1.23% from the previous day, and has increased 8.22% in one year. It has overperformed other stocks in the REIT - Residential industry by 0.07 percentage points. Avalonbay Communities stock is currently +21.65% from its 52-week low of $160.45, and -1.75% from its 52-week high of $198.66.
There are currently 142.19M shares of AVB outstanding. The market capitalization of AVB is $27.75B. In the last 24 hours, 505,413 AVB shares were traded.
How to Buy Avalonbay Communities Stock
Wondering how to invest in Avalonbay Communities stock? Here's how.
Choose where to buy Avalonbay Communities stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Avalonbay Communities stock.
Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit funds into your brokerage account: Choose your method of payment and add your info.
Research Avalonbay Communities stock: The Avalonbay Communities ticker symbol is AVB. Is Avalonbay Communities stock a good investment? Should you buy shares of AVB? How do AVB's underlying business fundamentals look? Do top analysts think Avalonbay Communities is a good buy? Why has AVB's stock price moved recently? (Hint: Our stock market research tools can help you understand if AVB is a good stock to buy).
Execute your AVB trade: Decide if you will purchase AVB shares at the current market price or use a limit order to buy AVB stock at a specific price.
Get the latest scoop on your AVB investment: Create a watchlist to key updates about your position in Avalonbay Communities shares.
Step 1: Choose where to buy Avalonbay Communities stock
You need an online brokerage account in order to access the NYSE market and buy AVB stock.
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Step 2: Create your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you are able to invest in AVB today.
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Step 4: Research Avalonbay Communities stock
After you have selected the best place to buy Avalonbay Communities stock, it's absolutely critical to analyze their stock prior to investing, so you actually wrap your head around the risk and opportunity.
Avalonbay Communities Metrics
AVB Price
$195.18
1w %
2.18%
1y %
8.22%
5y %
-2.69%
P/E
29.04x
P/B
2.37x
P/S
9.89x
PEG
1.26x
Revenue
$2.81B
Earnings
$955.37M
Fore. Rev. Growth
4.1%
Fore. Earn. Growth
22.98%
Market Cap
$27.75B
Next Earnings
May 16, 2024
Next Dividend
N/A
Avalonbay Communities Due Diligence Checks
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on AVB's stock page.
Is AVB stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge AVB's fair value.
Using relative valuations metrics:
AVB could be overvalued based on its P/E ratio of 29.04x, relative to REIT - Residential industry P/E ratio of 8.79x
AVB could be overvalued based on its P/B ratio of 2.37x, relative to REIT - Residential industry P/B ratio of 2.35x
AVB could be overvalued based on its PEG ratio of 1.26x
AVB earnings of $1.17B is not sufficient to cover its interest payments.
Failed Health Checks:
AVB's operating cash flow of $1.58B allows it to safely service it's debt of $8.13B.
AVB profit margin has gone down from 38.5% to 34% in the past year.
Total AVB debt is higher than 5 years ago, relative to shareholder equity.
AVB has a relatively high debt to equity ratio of 0.76.
Do analysts think it's a good time to buy Avalonbay Communities stock
Out of 13 Wall Street analysts who track AVB, the consensus analyst rating on AVB is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Latest AVB Analyst Forecasts
Vikram Malhorta, a bottom 7% analyst from Mizuho maintains AVB with a hold rating and lowers their AVB price target from $188.00 to $185.00, on Feb 28, 2024.
Adam Kramer, a bottom 20% analyst from Morgan Stanley upgrades AVB to a strong buy rating and raises their AVB price target from $175.00 to $191.50, on Feb 26, 2024.
Chandni Luthra, a bottom 7% analyst from Goldman Sachs reinstates AVB with a hold rating and announces their AVB price target of $191.00, on Feb 22, 2024.
Michael Carroll, a bottom 10% analyst from RBC Capital reiterates AVB with a hold rating and maintains their AVB price target from $185.00 to $185.00, on Feb 2, 2024.
Haendel St. Juste, a bottom 10% analyst from Mizuho maintains AVB with a hold rating and lowers their AVB price target from $186.00 to $176.00, on Dec 11, 2023.
Last year, AVB earnings were $955.37M. During the past five year, AVB's earnings have grown by -1.51% per year. This was slower than the REIT - Residential industry average of 17.91%.
Last year, AVB revenue was $2.81B. In the last five year, AVB's revenue has grown by 4.15% per year. This was slower than the REIT - Residential industry average of 7.57%.
Avalonbay Communities pays a dividend of 3.41%, compared to the REIT - Residential industry's average dividend yield of 3.99%. If you owned $1,000 of AVB stock, you would have been paid $34.07 in the past 12 months.
Avalonbay Communities dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Execute your AVB trade
There are two primary options:
Market order: A market order is an order to buy or sell a security at the best possible price. Market orders are mostly sufficient.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you require additional assistance investing in stocks on eToro, click the helpful video below:
How much does it cost to buy one Avalonbay Communities share?
As of May 6, 2024, it costs $195.18 to buy one share of Avalonbay Communities stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.512 shares of AVB.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.