An Evaluation Of Avalonbay Communities Inc. (NYSE: AVB) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed AvalonBay Communities, Inc. Announces Participation in the 2024 Citi Global Property CEO Conference, Provides First Quarter 2024 Operating Update, and Publishes Updated Investor Presentation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

AVB belongs to the Real Estate sector of the NYSE while operating in the REIT – Residential industry. The current market capitalization of Avalonbay Communities Inc. is $26.30B. A total of 0.91 million shares were traded on the day, compared to an average of 893.74K shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. 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 19 BUYs and 3 SELLs from insiders. Insiders purchased 12,229 shares during that period but sold 7,831.

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

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Avalonbay Communities Inc. pays an annual dividend of $6.60, resulting in a dividend yield of 3.56%, and it has a price to earnings (P/E) ratio of 28.32. 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.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. 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 $1.18 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $1.27 per share and a lower estimate of $1.11. 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

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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 $82.97, while its Total Shareholder’s Equity was $10.94B.

Analysts Opinion

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. 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 3.82.

Most Popular

Related Posts