Detailed Analysis
Download Detailed Report Add to Watchlist

Values as of: 2020-09-24

AVB:NYE-AvalonBay Communities, Inc (USD)

COMMON STOCK | REIT—Residential | NYE

Last Closing Price

USD 146.96

Change

-0.10 (-0.07)%

Market Cap

USD 20.70B

Volume

1.29M

Average Target Price

USD 159.42 (+8.48%)

Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

As of June 30, 2020, the Company owned or held a direct or indirect ownership interest in 295 apartment communities containing 86,380 apartment homes in 11 states and the District of Columbia, of which 19 communities were under development. 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).

Company Website : http://www.avalonbay.com

Address : 4040 Wilson Boulevard, Arlington, VA, United States, 22203

Employees : 3,122

Fiscal Year End : December

Currency: USD

Country : USA

Technical Indicators

Beta : 0.80

52 Week High : 229.40

Short Ratio : 4.45

52 Week Low : 118.17

Shorted Shares : 3,528,074

200 Day Moving Average : 156.63

Shorted Shares Previous Month : 2,835,182

50 Day Moving Average : 154.10

Shares Held By Insiders : 2.75%

Short Percentage : 3.00%

Shares Held by Institutions : 96.54000000000001%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare

Relative Returns (From: To: 2020-09-24 )

Security

Capital Gain

Dividend Return

Total Return

Largest Industry Peers for REIT—Residential

Symbol	Name	Price(Change)	Market Cap	Price / Earning Ratio	EV/EBITDA
EQR	Equity Residential	-0.74 (-1.44%)	USD19.08B	18.47	12.29
INVH	Invitation Homes Inc	+0.52 (+1.97%)	USD14.82B	86.76	22.32
MAA-PI	Mid-America Apartment Communit..	N/A	USD13.88B	19.39	N/A
SUI	Sun Communities, Inc	-1.00 (-0.72%)	USD13.69B	104.01	27.50
ESS	Essex Property Trust, Inc	-2.95 (-1.46%)	USD13.17B	22.74	14.57
MAA	Mid-America Apartment Communit..	-1.03 (-0.91%)	USD12.97B	39.84	17.27
ELS	Equity LifeStyle Properties, I..	+0.13 (+0.22%)	USD10.99B	50.10	27.61
UDR	UDR, Inc	-0.16 (-0.50%)	USD9.62B	55.17	15.65
AMH-PH	American Homes 4 Rent	-0.02 (-0.07%)	USD9.35B	82.87	N/A
AMH-PF	American Homes 4 Rent	-0.01 (-0.04%)	USD9.05B	79.09	N/A

ETFs Containing AVB

Symbol	Name	Weight	Mer	Price(Change)	Market Cap

CGR:CA	iShares Global Real Estat..	0.65 %	-0.20 (-0.75%)	USD0.20B
10AJ:F	Amundi Index Solutions - ..	0.00 %	-0.02 (-0.03%)	N/A
HPRD:LSE	HSBC FTSE EPRA NAREIT Dev..	0.40 %	-0.22 (-1.12%)	USD0.17B
HPRO:LSE	HSBC FTSE EPRA NAREIT Dev..	0.40 %	-14.25 (-0.92%)	USD0.14B
IDUP:LSE	iShares US Property Yield..	0.40 %	-0.42 (-1.82%)	USD0.86B
IDWP:LSE	iShares Developed Markets..	0.59 %	-0.28 (-1.30%)	N/A
IUSP:LSE	iShares US Property Yield..	0.40 %	-28.50 (-1.57%)	USD0.72B
IWDP:LSE	iShares II Public Limited..	0.59 %	-16.50 (-0.97%)	N/A
DPYG:LSE	iShares Developed Markets..	1.00 %	-0.05 (-1.12%)	N/A
EPRA:LSE	Amundi Index Solutions - ..	0.00 %	-41.50 (-0.93%)	N/A
GBRE:LSE	SPDR Dow Jones Global Rea..	0.40 %	-0.25 (-1.06%)	USD0.19B
EPRA:PA	Amundi Index Solutions - ..	0.00 %	-0.35 (-0.72%)	N/A
H4ZL:F	HSBC FTSE EPRA NAREIT Dev..	0.40 %	-0.02 (-0.14%)	USD0.14B
DPYE:LSE	iShares Developed Markets..	1.00 %	-0.05 (-1.03%)	N/A
IQQ6:F	iShares Developed Markets..	0.59 %	-0.02 (-0.11%)	N/A
IQQ7:F	iShares US Property Yield..	0.40 %	-0.08 (-0.42%)	USD0.72B
SPYJ:F	SPDR Dow Jones Global Rea..	0.40 %	N/A	USD0.19B
10AJ:XETRA	Amundi Index Solutions - ..	0.00 %	-0.52 (-1.14%)	N/A
H4ZL:XETRA	HSBC FTSE EPRA NAREIT Dev..	0.40 %	-0.19 (-1.12%)	USD0.14B
IQQ6:XETRA	iShares Developed Markets..	0.59 %	-0.19 (-1.04%)	N/A
IQQ7:XETRA	iShares US Property Yield..	0.40 %	-0.36 (-1.81%)	USD0.72B
IUSP:XETRA	iShares J.P. Morgan EM Lo..	0.50 %	-0.17 (-0.36%)	USD5.96B
SPYJ:XETRA	SPDR Dow Jones Global Rea..	0.40 %	-0.32 (-1.26%)	USD0.19B
TRET:XETRA	VanEck Vectors Global Rea..	0.25 %	-0.36 (-1.15%)	USD0.09B
GLRE:LSE	SPDR Dow Jones Global Rea..	0.40 %	-0.39 (-1.31%)	USD0.93B
DPYA:LSE	iShares Developed Markets..	0.59 %	-0.05 (-1.17%)	N/A
DRN	Direxion Daily MSCI Real ..	0.99 %	+0.12 (+1.35%)	USD0.06B
REK	ProShares Short Real Esta..	0.95 %	-0.05 (-0.39%)	USD0.02B
DRV	Direxion Daily MSCI Real ..	1.08 %	-0.24 (-1.47%)	USD0.05B
FFR	First Trust FTSE EPRA/NAR..	0.60 %	+0.08 (+0.21%)	USD0.03B
FREL	Fidelity MSCI Real Estate..	0.08 %	+0.12 (+0.53%)	USD1.09B
FRI	First Trust S&P REIT Inde..	0.50 %	-0.03 (-0.15%)	USD0.08B
GQRE	FlexShares Global Quality..	0.45 %	+0.21 (+0.41%)	USD0.29B
IYR	iShares U.S. Real Estate ..	0.42 %	+0.34 (+0.44%)	USD3.35B
LRET	UBS ETRACS Monthly Pay 2x..	0.85 %	N/A	USD3.35M
PERM	Global X Permanent ETF	0.00 %	N/A	USD0.01B
PRME	First Trust Trust Heitman..	0.95 %	N/A	USD2.10M
REET	iShares Global REIT ETF	0.14 %	+0.09 (+0.44%)	USD2.11B
REZ	iShares Residential and M..	0.48 %	+0.27 (+0.46%)	USD0.37B
PPTY	PPTY ? U.S. Diversified R..	0.49 %	+0.08 (+0.32%)	USD0.09B
RWO	SPDR Dow Jones Global Rea..	0.50 %	+0.19 (+0.50%)	USD1.56B
RWR	SPDR Dow Jones REIT ETF	0.25 %	+0.23 (+0.31%)	USD1.35B
SCHH	Schwab U.S. REIT ETF	0.07 %	+0.12 (+0.35%)	USD4.25B
SRS	ProShares UltraShort Real..	0.95 %	-0.15 (-0.93%)	USD0.04B
URE	ProShares Ultra Real Esta..	0.95 %	+0.40 (+0.79%)	USD0.08B
USRT	iShares Core U.S. REIT ET..	0.08 %	+0.19 (+0.45%)	USD1.33B
VNQ	Vanguard Real Estate Inde..	0.12 %	+0.41 (+0.54%)	USD55.82B
WREI	Invesco Wilshire US REIT ..	0.32 %	N/A	USD0.01B
XLRE	The Real Estate Select Se..	0.13 %	+0.16 (+0.47%)	USD2.37B
HGR:CA	Harvest Global REIT Leade..	0.85 %	-0.01 (-0.12%)	USD6.27M
1659:TSE	iShares US REIT ETF	0.00 %	-52.00 (-3.02%)	USD10.98B

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	-29.92%		33%	F		24%	F
Dividend Return	1.52%		23%	F		49%	F
Total Return	-28.40%		33%	F		24%	F
Trailing 12 Months
Capital Gain	-30.92%		27%	F		22%	F
Dividend Return	2.92%		33%	F		60%	D-
Total Return	-28.00%		27%	F		23%	F
Trailing 5 Years
Capital Gain	-13.88%		33%	F		34%	F
Dividend Return	16.83%		17%	F		57%	F
Total Return	2.95%		28%	F		33%	F
Average Annual (5 Year Horizon)
Capital Gain	1.52%		N/A	N/A		N/A	N/A
Dividend Return	3.19%		N/A	N/A		N/A	N/A
Total Return	4.71%		N/A	N/A		N/A	N/A
Risk Return Profile
Volatility (Standard Deviation)	14.98%		N/A	N/A		N/A	N/A
Risk Adjusted Return	31.46%		N/A	N/A		N/A	N/A
Market Capitalization	20.70B		100%	A+		90%	A-

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%

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	27.36		82%	B-		25%	F
Price/Book Ratio	1.99		52%	F		38%	F
Price / Cash Flow Ratio	15.66		47%	F		21%	F
EV/EBITDA	17.07		57%	F		31%	F
Management Effectiveness
Return on Equity	7.27%		73%	C		57%	F
Return on Invested Capital	3.55%		77%	C+		37%	F
Return on Assets	2.70%		93%	A		59%	F
Debt to Equity Ratio	67.23%		77%	C+		51%	F
Technical Ratios
Short Ratio	4.45		19%	F		23%	F
Short Percent	3.41%		24%	F		58%	F
Beta	0.80		43%	F		68%	D+

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 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.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

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.

What to not like:

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 Earnings Growth

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

Low Revenue Growth

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

Detailed Analysis
Download Detailed Report Add to Watchlist