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).

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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

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.. 0.00 % 0.65 %

-0.20 (-0.75%)

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

-0.02 (-0.03%)

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

-0.22 (-1.12%)

USD0.17B
HPRO:LSE HSBC FTSE EPRA NAREIT Dev.. 0.00 % 0.40 %

-14.25 (-0.92%)

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

-0.42 (-1.82%)

USD0.86B
IDWP:LSE iShares Developed Markets.. 0.00 % 0.59 %

-0.28 (-1.30%)

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

-28.50 (-1.57%)

USD0.72B
IWDP:LSE iShares II Public Limited.. 0.00 % 0.59 %

-16.50 (-0.97%)

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

-0.05 (-1.12%)

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

-41.50 (-0.93%)

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

-0.25 (-1.06%)

USD0.19B
EPRA:PA Amundi Index Solutions - .. 0.00 % 0.00 %

-0.35 (-0.72%)

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

-0.02 (-0.14%)

USD0.14B
DPYE:LSE iShares Developed Markets.. 0.00 % 1.00 %

-0.05 (-1.03%)

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

-0.02 (-0.11%)

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

-0.08 (-0.42%)

USD0.72B
SPYJ:F SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

N/A

USD0.19B
10AJ:XETRA Amundi Index Solutions - .. 0.00 % 0.00 %

-0.52 (-1.14%)

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

-0.19 (-1.12%)

USD0.14B
IQQ6:XETRA iShares Developed Markets.. 0.00 % 0.59 %

-0.19 (-1.04%)

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

-0.36 (-1.81%)

USD0.72B
IUSP:XETRA iShares J.P. Morgan EM Lo.. 0.00 % 0.50 %

-0.17 (-0.36%)

USD5.96B
SPYJ:XETRA SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

-0.32 (-1.26%)

USD0.19B
TRET:XETRA VanEck Vectors Global Rea.. 0.00 % 0.25 %

-0.36 (-1.15%)

USD0.09B
GLRE:LSE SPDR Dow Jones Global Rea.. 0.00 % 0.40 %

-0.39 (-1.31%)

USD0.93B
DPYA:LSE iShares Developed Markets.. 0.00 % 0.59 %

-0.05 (-1.17%)

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

+0.12 (+1.35%)

USD0.06B
REK ProShares Short Real Esta.. 0.00 % 0.95 %

-0.05 (-0.39%)

USD0.02B
DRV Direxion Daily MSCI Real .. 0.00 % 1.08 %

-0.24 (-1.47%)

USD0.05B
FFR First Trust FTSE EPRA/NAR.. 0.00 % 0.60 %

+0.08 (+0.21%)

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

+0.12 (+0.53%)

USD1.09B
FRI First Trust S&P REIT Inde.. 0.00 % 0.50 %

-0.03 (-0.15%)

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

+0.21 (+0.41%)

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

+0.34 (+0.44%)

USD3.35B
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 %

+0.09 (+0.44%)

USD2.11B
REZ iShares Residential and M.. 0.00 % 0.48 %

+0.27 (+0.46%)

USD0.37B
PPTY PPTY ? U.S. Diversified R.. 0.00 % 0.49 %

+0.08 (+0.32%)

USD0.09B
RWO SPDR Dow Jones Global Rea.. 0.00 % 0.50 %

+0.19 (+0.50%)

USD1.56B
RWR SPDR Dow Jones REIT ETF 0.00 % 0.25 %

+0.23 (+0.31%)

USD1.35B
SCHH Schwab U.S. REIT ETF 0.00 % 0.07 %

+0.12 (+0.35%)

USD4.25B
SRS ProShares UltraShort Real.. 0.00 % 0.95 %

-0.15 (-0.93%)

USD0.04B
URE ProShares Ultra Real Esta.. 0.00 % 0.95 %

+0.40 (+0.79%)

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

+0.19 (+0.45%)

USD1.33B
VNQ Vanguard Real Estate Inde.. 0.00 % 0.12 %

+0.41 (+0.54%)

USD55.82B
WREI Invesco Wilshire US REIT .. 0.00 % 0.32 %

N/A

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

+0.16 (+0.47%)

USD2.37B
HGR:CA Harvest Global REIT Leade.. 0.00 % 0.85 %

-0.01 (-0.12%)

USD6.27M
1659:TSE iShares US REIT ETF 0.00 % 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