AVB:NYE-AvalonBay Communities, Inc

COMMON STOCK | REIT - Residential | NYE

Last Closing Price

USD 206.16

Change

-2.72 (-1.30)%

Market Cap

USD -893,218,816.00

Volume

0.60M

Average Target Price

USD 215.88 (+4.71%)
Average Analyst Rating

Verdict

STA Verdict

Verdict

About

As of June 30, 2019, the Company owned or held a direct or indirect ownership interest in 294 apartment communities containing 86,184 apartment homes in 12 states and the District of Columbia, of which 21 communities were under development and seven communities were under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas primarily in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and the Northern and Southern California regions of the United States.

Market Stats

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-08-23 )

Largest Industry Peers for REIT - Residential

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CPT Camden Property Trust

-1.36 (-1.26%)

USD 1.91B 65.73 22.60
NRZ New Residential Investment Cor..

-0.33 (-2.28%)

USD 1.72B 18.38 -208.47
MAA Mid-America Apartment Communit..

-2.12 (-1.67%)

USD 1.59B 61.29 20.99
MAA-PI Mid-America Apartment Communit..

N/A

USD 1.56B 31.87 13.50
IRT Independence Realty Trust, Inc

+0.01 (+0.07%)

USD 1.26B 33.90 21.86
NXRT NexPoint Residential Trust, In..

-1.02 (-2.19%)

USD 1.11B 12.10 28.13
ARR-PB ARMOUR Residential REIT, Inc

-0.03 (-0.12%)

USD 1.09B N/A -0.00
UDR UDR, Inc

-0.68 (-1.41%)

USD 1.08B 83.37 27.49
GPMT Granite Point Mortgage Trust I..

-0.03 (-0.16%)

USD 1.01B 12.98 81.09
ARR ARMOUR Residential REIT, Inc

-0.21 (-1.24%)

USD 1.00B 5.60 -21.27

ETFs Containing AVB

Symbol Name Weight Mer Price(Change) Market Cap
REZ iShares Residential Real .. 7.59 % 0.48 %

-0.83 (-1.05%)

USD 0.47B
PRME First Trust Trust Heitman.. 6.42 % 0.95 %

+0.16 (+0.79%)

USD 2.07M
ICF 4.70 % 0.34 %

N/A

N/A
GQRE FlexShares Global Quality.. 4.25 % 0.45 %

-0.92 (-1.43%)

USD 0.34B
RWR SPDR Dow Jones REIT ETF 4.18 % 0.25 %

-1.62 (-1.58%)

USD 2.54B
SCHH Schwab U.S. REIT ETF 4.18 % 0.07 %

-0.76 (-1.65%)

USD 5.45B
XLRE The Real Estate Select Se.. 3.84 % 0.13 %

-0.49 (-1.25%)

USD 3.20B
WREI Invesco Wilshire US REIT .. 3.58 % 0.32 %

N/A

USD 0.01B
PPTY PPTY – U.S. Diversified.. 3.36 % 0.53 %

-0.56 (-1.78%)

USD 0.11B
FRI First Trust S&P REIT Inde.. 3.24 % 0.50 %

-0.36 (-1.39%)

USD 0.15B
USRT iShares Core U.S. REIT ET.. 3.08 % 0.08 %

-0.78 (-1.44%)

USD 1.44B
GRI Cohen & Steers Global Rea.. 2.90 % 0.55 %

-0.64 (-1.34%)

USD 0.05B
CGR:CA iShares Global Real Estat.. 2.89 % 0.71 %

-0.22 (-0.70%)

CAD 0.13B
IYR iShares U.S. Real Estate .. 2.45 % 0.42 %

-1.27 (-1.38%)

USD 4.74B
RWO SPDR Dow Jones Global Rea.. 2.43 % 0.50 %

-0.55 (-1.08%)

USD 2.27B
FREL Fidelity MSCI Real Estate.. 2.42 % 0.08 %

-0.35 (-1.27%)

USD 0.81B
PSR Invesco Active U.S. Real .. 2.34 % 0.00 %

-1.24 (-1.31%)

USD 0.07B
REET iShares Global REIT ETF 2.20 % 0.14 %

-0.27 (-0.98%)

USD 1.58B
VNQ Vanguard Real Estate Inde.. 2.13 % 0.12 %

-1.29 (-1.40%)

USD 33.70B
DRN Direxion Daily MSCI Real .. 2.04 % 1.09 %

-1.22 (-4.28%)

USD 0.05B
FFR First Trust FTSE EPRA/NAR.. 1.84 % 0.60 %

-0.39 (-0.81%)

USD 0.05B
IWS iShares Russell Mid-Cap V.. 0.63 % 0.24 %

-2.24 (-2.58%)

USD 12.05B
CGR.A:CA 0.00 % 1.58 %

N/A

N/A

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 18.45% 46% F 77% C+
Dividend Return 1.75% 27% F 52% F
Total Return 20.20% 46% F 77% C+
Trailing 12 Months  
Capital Gain 13.81% 62% D- 87% B+
Dividend Return 3.30% 31% F 62% D-
Total Return 17.11% 58% F 87% B+
Trailing 5 Years  
Capital Gain 34.19% 45% F 77% C+
Dividend Return 17.78% 14% F 63% D
Total Return 51.98% 41% F 78% C+
Average Annual (5 Year Horizon)  
Capital Gain 4.61% 48% F 65% D
Dividend Return 3.17% 26% F 64% D
Total Return 7.78% 37% F 66% D
Risk Return Profile  
Volatility (Standard Deviation) 10.67% 78% C+ 69% D+
Risk Adjusted Return 72.93% 59% F 77% C+
Market Capitalization -893,218,816.00 10% F 11% 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%

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 31.62 71% C- 20% F
Price/Book Ratio 2.71 37% F 30% F
Price / Cash Flow Ratio 22.42 24% F 15% F
EV/EBITDA 24.64 32% F 15% F
Management Effectiveness  
Return on Equity 8.67% 92% A- 54% F
Return on Invested Capital 3.89% 73% C 34% F
Return on Assets 2.76% 95% A 52% F
Debt to Equity Ratio 66.21% 66% D 53% F
Technical Ratios  
Short Ratio 3.92 50% F 37% F
Short Percent 1.93% 64% D 80% B-
Beta 0.54 39% F 69% 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

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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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 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.

High Gross Profit to Asset Ratio

This stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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 compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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.