After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that AvalonBay Communities Announces 2024 Annual Meeting Details.
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Stocks Info
This NYSE-listed company operates within the REIT – Residential industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $178.27 and fluctuated between $178.71 as its day high and $176.28 as its day low. The current market capitalization of Avalonbay Communities Inc. is $25.31B. A total of 0.49 million shares were traded on the day, compared to an average of 906.63K shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, AVB has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 38 BUYs and 11 SELLs from insiders. Insiders purchased 86,757 shares during that period but sold 44,519.
In the most recent transaction, Lockridge Joanne M sold 3,331 shares of AVB for 186.25 per share on Aug 11. After the transaction, the Executive Vice President now owns 21,558 company shares. In a previous transaction on May 22, Birenbaum Matthew H. sold 4,000 shares at 176.10 per share. AVB shares that Chief Investment Officer owns now total 62,559.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Avalonbay Communities Inc. pays an annual dividend of $6.60, resulting in a dividend yield of 3.70%, and it has a price to earnings (P/E) ratio of 27.26. AVB’s most recent ex-dividend date was 3/27/2024 when it declared a $1.70 quarterly dividend that was paid in cash on 4/15/2024. Previously, the company paid the dividend on 1/16/2024 with an ex-dividend date of 12/28/2023. The AVB stock dividend was $1.65 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for AVB in the last 3 months, the mean price target is $194.47 with high estimates of $207.00 and low estimates of $175.00. In terms of 52-week highs and lows, AVB has a high of $198.65 and a low of $153.07.
As of this writing, AVB has an earnings estimate of $1.19 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.27 per share and a lower estimate of $1.13. The company reported an EPS of $1.21 in the last quarter, which was -4.70% lower than expectations of $1.27.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. AVB’s latest balance sheet shows that the firm has $420.25M in Cash & Short Term Investments as of fiscal 2021. There were $8.27B in debt and $635.72M in liabilities at the time. Its Book Value Per Share was $82.93, while its Total Shareholder’s Equity was $10.94B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AVB is Buy with a score of 3.62.
