AVB:NYE-AvalonBay Communities, Inc (USD)

COMMON STOCK | REIT-Residential | NYE

Last Closing Price

USD 164.73

Change

-0.73 (-0.44)%

Market Cap

USD 23.10B

Volume

0.91M

Average Target Price

USD 169.54 (+2.92%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

As of September 30, 2020, the Company owned or held a direct or indirect ownership interest in 294 apartment communities containing 86,676 apartment homes in 11 states and the District of Columbia, of which 19 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: 2021-01-22 )

Largest Industry Peers for REIT-Residential

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

-0.25 (-0.40%)

USD23.01B 24.29 14.38
INVH Invitation Homes Inc

-0.07 (-0.23%)

USD16.87B 94.33 22.63
ESS Essex Property Trust, Inc

-1.75 (-0.71%)

USD15.99B 26.77 15.73
SUI Sun Communities, Inc

+0.28 (+0.19%)

USD15.78B 91.21 28.05
MAA Mid-America Apartment Communit..

+0.73 (+0.55%)

USD15.26B 48.09 18.50
MAA-PI Mid-America Apartment Communit..

N/A

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

-0.16 (-0.41%)

USD11.56B 88.65 17.40
ELS Equity LifeStyle Properties, I..

+1.38 (+2.23%)

USD11.28B 51.54 27.43
CPT Camden Property Trust

-0.02 (-0.02%)

USD9.99B 53.81 18.71
AMH American Homes 4 Rent

-0.09 (-0.29%)

USD9.89B 116.21 19.83

ETFs Containing AVB

Symbol Name Weight Mer Price(Change) Market Cap
CGR:CA iShares Global Real Estat.. 0.00 % 0.65 %

+0.10 (+0.36%)

USD0.20B
10AJ:F Amundi Index Solutions - .. 0.00 % 0.00 %

-0.18 (-0.37%)

N/A
HPRD:LSE HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

-0.03 (-0.12%)

USD0.16B
HPRO:LSE HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

+6.50 (+0.40%)

USD0.14B
IDUP:LSE iShares US Property Yield.. 0.00 % 0.40 %

+0.05 (+0.17%)

USD0.56B
IDWP:LSE iShares Developed Markets.. 0.00 % 0.59 %

+0.05 (+0.20%)

N/A
IUSP:LSE iShares US Property Yield.. 0.00 % 0.40 %

+12.75 (+0.66%)

USD0.69B
IWDP:LSE iShares II Public Limited.. 0.00 % 0.59 %

+7.50 (+0.42%)

N/A
DPYG:LSE iShares Developed Markets.. 0.00 % 1.00 %

N/A

N/A
EPRA:LSE Amundi Index Solutions - .. 0.00 % 0.00 %

+17.00 (+0.36%)

N/A
GBRE:LSE SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

+0.14 (+0.56%)

USD0.18B
EPRA:PA Amundi Index Solutions - .. 0.00 % 0.00 %

-0.50 (-0.93%)

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

-0.04 (-0.20%)

USD0.16B
DPYE:LSE iShares Developed Markets.. 0.00 % 1.00 %

N/A

N/A
IQQ6:F iShares Developed Markets.. 0.00 % 0.59 %

-0.17 (-0.81%)

N/A
IQQ7:F iShares US Property Yield.. 0.00 % 0.40 %

+0.09 (+0.39%)

USD0.56B
SPYJ:F SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

N/A

USD0.20B
10AJ:XETRA Amundi Index Solutions - .. 0.00 % 0.00 %

-0.31 (-0.63%)

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

-0.05 (-0.25%)

USD0.16B
IQQ6:XETRA iShares Developed Markets.. 0.00 % 0.59 %

-0.02 (-0.07%)

N/A
IQQ7:XETRA iShares US Property Yield.. 0.00 % 0.40 %

+0.03 (+0.14%)

USD0.56B
IUSP:XETRA iShares J.P. Morgan EM Lo.. 0.00 % 0.50 %

-0.45 (-0.94%)

USD6.68B
SPYJ:XETRA SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

+0.01 (+0.02%)

USD0.20B
TRET:XETRA VanEck Vectors Global Rea.. 0.00 % 0.25 %

+0.04 (+0.10%)

USD0.10B
GLRE:LSE SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

+0.03 (+0.09%)

USD0.20B
DPYA:LSE iShares Developed Markets.. 0.00 % 0.59 %

N/A

N/A
DRN Direxion Daily MSCI Real .. 0.00 % 0.99 %

+0.05 (+0.39%)

USD0.07B
REK ProShares Short Real Esta.. 0.00 % 0.95 %

-0.03 (-0.30%)

USD0.01B
DRV Direxion Daily MSCI Real .. 0.00 % 1.08 %

-0.12 (-1.20%)

USD0.03B
FFR First Trust FTSE EPRA/NAR.. 0.00 % 0.60 %

-0.07 (-0.15%)

USD0.03B
FREL Fidelity MSCI Real Estate.. 0.00 % 0.08 %

+0.05 (+0.20%)

USD1.20B
FRI First Trust S&P REIT Inde.. 0.00 % 0.50 %

+0.07 (+0.31%)

USD0.07B
GQRE FlexShares Global Quality.. 0.00 % 0.45 %

-0.04 (-0.07%)

USD0.29B
IYR iShares U.S. Real Estate .. 0.00 % 0.42 %

+0.17 (+0.20%)

USD5.46B
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
REET iShares Global REIT ETF 0.00 % 0.14 %

+0.04 (+0.17%)

USD2.45B
REZ iShares Residential and M.. 0.00 % 0.48 %

+0.19 (+0.28%)

USD0.41B
PPTY PPTY ? U.S. Diversified R.. 0.00 % 0.49 %

-0.05 (-0.16%)

USD0.11B
RWO SPDR Dow Jones Global Rea.. 0.00 % 0.50 %

-0.01 (-0.02%)

USD1.58B
RWR SPDR Dow Jones REIT ETF 0.00 % 0.25 %

+0.26 (+0.30%)

USD1.37B
SCHH Schwab U.S. REIT ETF 0.00 % 0.07 %

+0.09 (+0.24%)

USD4.63B
SRS ProShares UltraShort Real.. 0.00 % 0.95 %

-0.04 (-0.33%)

USD0.03B
URE ProShares Ultra Real Esta.. 0.00 % 0.95 %

+0.20 (+0.32%)

USD0.08B
USRT iShares Core U.S. REIT ET.. 0.00 % 0.08 %

+0.12 (+0.25%)

USD1.61B
VNQ Vanguard Real Estate Inde.. 0.00 % 0.12 %

+0.20 (+0.23%)

USD60.54B
WREI Invesco Wilshire US REIT .. 0.00 % 0.32 %

N/A

USD0.01B
XLRE The Real Estate Select Se.. 0.00 % 0.13 %

+0.09 (+0.25%)

USD2.22B
HGR:CA Harvest Global REIT Leade.. 0.00 % 0.85 %

-0.07 (-0.79%)

USD8.13M
1659:TSE iShares US REIT ETF 0.00 % 0.00 %

-6.00 (-0.32%)

USD8.83B

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 2.68% 72% C- 50% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 2.68% 69% D+ 49% F
Trailing 12 Months  
Capital Gain -24.89% 17% F 13% F
Dividend Return 2.90% 25% F 56% F
Total Return -21.99% 17% F 13% F
Trailing 5 Years  
Capital Gain -5.51% 28% F 23% F
Dividend Return 16.86% 22% F 51% F
Total Return 11.36% 28% F 22% F
Average Annual (5 Year Horizon)  
Capital Gain -0.25% 38% F 42% F
Dividend Return 3.18% 52% F 70% C-
Total Return 2.93% 48% F 48% F
Risk Return Profile  
Volatility (Standard Deviation) 16.77% 48% F 50% F
Risk Adjusted Return 17.47% 24% F 40% F
Market Capitalization 23.10B 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 35.54 74% C 22% F
Price/Book Ratio 2.17 62% D- 42% F
Price / Cash Flow Ratio 17.48 55% F 24% F
EV/EBITDA 19.60 48% F 32% F
Management Effectiveness  
Return on Equity 6.09% 76% C 53% F
Return on Invested Capital 3.55% 79% C+ 39% F
Return on Assets 2.54% 93% A 58% F
Debt to Equity Ratio 67.23% 76% C 51% F
Technical Ratios  
Short Ratio 2.57 52% F 41% F
Short Percent 2.52% 48% F 63% D
Beta 0.99 31% F 57% 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.

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.

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:
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 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