AVB:NYE-AvalonBay Communities, Inc (USD)

COMMON STOCK | REIT-Residential | NYE

Last Closing Price

USD 189.81

Change

+1.35 (+0.72)%

Market Cap

USD 26.31B

Volume

0.61M

Average Target Price

USD 187.00 (-1.48%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 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 markets consisting of Southeast Florida and Denver, Colorado (the Expansion Markets).

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-16 )

Largest Industry Peers for REIT-Residential

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
EQR Equity Residential

+0.39 (+0.54%)

USD26.92B 29.51 16.24
ESS Essex Property Trust, Inc

+0.33 (+0.11%)

USD18.79B 33.28 18.20
INVH Invitation Homes Inc

+0.28 (+0.85%)

USD18.77B 94.46 23.73
SUI Sun Communities, Inc

+0.41 (+0.26%)

USD17.61B 117.69 33.13
MAA Mid-America Apartment Communit..

+1.48 (+0.99%)

USD17.11B 68.13 22.58
MAA-PI Mid-America Apartment Communit..

N/A

USD13.88B 19.39 N/A
UDR UDR, Inc

+0.15 (+0.33%)

USD13.32B 224.35 20.53
ELS Equity LifeStyle Properties, I..

+0.24 (+0.36%)

USD12.24B 53.56 29.11
CPT Camden Property Trust

+0.92 (+0.80%)

USD11.25B 92.85 23.28
AMH American Homes 4 Rent

+0.11 (+0.32%)

USD10.94B 124.62 22.14

ETFs Containing AVB

Symbol Name Weight Mer Price(Change) Market Cap
DRV Direxion Daily MSCI Real .. 0.00 % 1.03 %

-0.06 (-0.89%)

USD0.02B
IQQ6:F iShares Developed Markets.. 0.00 % 0.59 %

+0.15 (+0.64%)

USD2.06B
IUSP:LSE iShares US Property Yield.. 0.00 % 0.40 %

+14.00 (+0.64%)

USD0.67B
IWDP:LSE iShares II Public Limited.. 0.00 % 0.59 %

+10.00 (+0.51%)

USD2.06B
DPYG:LSE iShares Developed Markets.. 0.00 % 0.64 %

+0.04 (+0.75%)

USD0.02B
EPRA:LSE Amundi Index Solutions - .. 0.00 % 0.00 %

+18.00 (+0.34%)

USD0.24B
GBRE:LSE SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

+0.17 (+0.63%)

USD0.25B
EPRA:PA Amundi Index Solutions - .. 0.00 % 0.00 %

+0.18 (+0.29%)

USD0.24B
10AJ:F Amundi Index Solutions - .. 0.00 % 0.00 %

+0.23 (+0.42%)

N/A
H4ZL:F HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

N/A

USD0.16B
IQQ7:F iShares US Property Yield.. 0.00 % 0.40 %

+0.20 (+0.78%)

USD0.67B
IDUP:LSE iShares US Property Yield.. 0.00 % 0.40 %

+0.27 (+0.90%)

USD0.63B
SPYJ:F SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

N/A

USD0.23B
10AJ:XETRA Amundi Index Solutions - .. 0.00 % 0.00 %

+0.25 (+0.45%)

USD0.04B
H4ZL:XETRA HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

+0.11 (+0.51%)

USD0.19B
IQQ6:XETRA iShares Developed Markets.. 0.00 % 0.59 %

+0.13 (+0.55%)

USD2.06B
IQQ7:XETRA iShares US Property Yield.. 0.00 % 0.40 %

+0.16 (+0.62%)

USD0.67B
IUSP:XETRA iShares US Property Yield.. 0.00 % 0.50 %

-0.04 (-0.09%)

USD5.54B
SPYJ:XETRA SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

+0.19 (+0.61%)

USD0.25B
TRET:XETRA VanEck Vectors Global Rea.. 0.00 % 0.25 %

+0.25 (+0.66%)

USD0.12B
IDWP:LSE iShares Developed Markets.. 0.00 % 0.59 %

+0.19 (+0.70%)

USD2.06B
HPRO:LSE HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

+9.50 (+0.53%)

USD0.19B
FFR First Trust FTSE EPRA/NAR.. 0.00 % 0.60 %

+0.26 (+0.53%)

USD0.03B
REZ iShares Residential and M.. 0.00 % 0.48 %

+0.18 (+0.23%)

USD0.45B
FRI First Trust S&P REIT Inde.. 0.00 % 0.50 %

+0.05 (+0.19%)

USD0.08B
GQRE FlexShares Global Quality.. 0.00 % 0.45 %

+0.39 (+0.62%)

USD0.28B
LRET UBS ETRACS Monthly Pay 2x.. 0.00 % 0.85 %

N/A

USD3.35M
PERM Global X Permanent ETF 0.00 % 0.00 %

N/A

USD0.01B
PRME First Trust Trust Heitman.. 0.00 % 0.95 %

N/A

USD2.10M
PSR Invesco Active U.S. Real .. 0.00 % 0.35 %

+0.28 (+0.29%)

USD0.10B
REET iShares Global REIT ETF 0.00 % 0.14 %

+0.08 (+0.30%)

USD2.78B
REK ProShares Short Real Esta.. 0.00 % 0.95 %

-0.04 (-0.41%)

USD0.01B
RWO SPDR Dow Jones Global Rea.. 0.00 % 0.50 %

+0.23 (+0.47%)

USD1.61B
HPRD:LSE HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

+0.19 (+0.77%)

USD0.18B
RWR SPDR Dow Jones REIT ETF 0.00 % 0.25 %

+0.27 (+0.27%)

USD1.42B
SRS ProShares UltraShort Real.. 0.00 % 0.95 %

-0.05 (-0.53%)

USD0.02B
USRT iShares Core U.S. REIT ET.. 0.00 % 0.08 %

+0.04 (+0.07%)

USD1.65B
WREI Invesco Wilshire US REIT .. 0.00 % 0.32 %

N/A

USD0.01B
PPTY PPTY ? U.S. Diversified R.. 0.00 % 0.49 %

+0.11 (+0.32%)

USD0.12B
DPYA:LSE iShares Developed Markets.. 0.00 % 0.59 %

+0.05 (+0.77%)

USD0.15B
DPYE:LSE iShares Developed Markets.. 0.00 % 0.64 %

+0.04 (+0.70%)

USD0.03B
GLRE:LSE SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

+0.30 (+0.80%)

USD0.25B
1659:TSE iShares US REIT ETF 0.00 % 0.00 %

+27.00 (+1.23%)

USD10.01B

Market Performance

  Market Performance vs.
Industry/Classification (REIT-Residential)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 18.31% 70% C- 74% C
Dividend Return 0.99% 36% F 52% F
Total Return 19.30% 70% C- 74% C
Trailing 12 Months  
Capital Gain 11.41% 35% F 22% F
Dividend Return 3.73% 35% F 52% F
Total Return 15.14% 27% F 22% F
Trailing 5 Years  
Capital Gain 4.62% 38% F 35% F
Dividend Return 16.34% 19% F 56% F
Total Return 20.96% 31% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain -0.60% 31% F 32% F
Dividend Return 3.20% 54% F 69% D+
Total Return 2.60% 31% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 17.73% 50% F 56% F
Risk Adjusted Return 14.65% 23% F 34% F
Market Capitalization 26.31B 96% A 90% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(REIT-Residential)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 31.97 88% B+ 25% F
Price/Book Ratio 2.41 65% D 42% F
Price / Cash Flow Ratio 21.57 37% F 20% F
EV/EBITDA 19.18 75% C 34% F
Management Effectiveness  
Return on Equity 7.61% 85% B 57% F
Return on Invested Capital 3.88% 81% B- 48% F
Return on Assets 2.33% 85% B 55% F
Debt to Equity Ratio 71.23% 74% C 50% F
Technical Ratios  
Short Ratio 2.88 30% F 30% F
Short Percent 2.46% 45% F 63% D
Beta 0.96 30% F 59% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.