Last $155.84 USD
Change Today +2.28 / 1.48%
Volume 1.1M
As of 8:04 PM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

avalonbay communities inc (AVB) Snapshot

Open
$154.50
Previous Close
$153.56
Day High
$155.85
Day Low
$153.56
52 Week High
09/8/14 - $157.16
52 Week Low
01/30/14 - $114.16
Market Cap
21.2B
Average Volume 10 Days
857.9K
EPS TTM
$4.64
Shares Outstanding
136.3M
EX-Date
09/26/14
P/E TM
33.6x
Dividend
$4.64
Dividend Yield
2.92%
Current Stock Chart for AVALONBAY COMMUNITIES INC (AVB)

avalonbay communities inc (AVB) Related Businessweek News

View More BusinessWeek News

avalonbay communities inc (AVB) Details

AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. As of January 31, 2009, the company owned or held a direct or indirect ownership interest in 164 operating apartment communities comprising 45,728 apartment homes in 10 states and the District of Columbia. It also held a direct or indirect ownership interest in 14 communities under construction, as well as held rights to develop an additional 27 communities. The company’s markets are located in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Midwest, the Pacific Northwest, and the Northern and Southern California regions of the United States. AvalonBay Communities has elected to be taxed as a real estate investment trust and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1978 and is based in Arlington, Virginia.

2,900 Employees
Last Reported Date: 03/3/14
Founded in 1978

avalonbay communities inc (AVB) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $921.2K
Chief Administrative Officer, Executive Vice ...
Total Annual Compensation: $420.2K
Executive Vice President of Development & Con...
Total Annual Compensation: $410.2K
Executive Vice President of Corporate Strateg...
Total Annual Compensation: $395.2K
Executive Vice President of Investments & Ass...
Total Annual Compensation: $418.3K
Compensation as of Fiscal Year 2013.

avalonbay communities inc (AVB) Key Developments

Avalonbay Communities Inc. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Fourth Quarter and Full Year 2014

Avalonbay Communities Inc. reported consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported FFO attributable to common stockholders of USD 282,221,000 against USD 153,361,000 a year ago. Earnings per share - diluted were USD 1.83 against loss per share - diluted USD 0.08 a year ago. FFO per common share - diluted was USD 2.14 against USD 1.18 a year ago. Net income attributable to common stockholders was USD 241,100,000 against net loss attributable to common stockholders of USD 10,715,000 a year ago. Core FFO was USD 227,816,000 against USD 211,093,000 a year ago. Core FFO per share was USD 1.73 against USD 1.63 a year ago. The increase in EPS for the three and nine months ended September 30, 2014 over the respective prior year periods is due primarily to an increase in joint venture income resulting from the gains on sales of communities in various ventures, as well as from the company's promoted interests; increases in net operating income from newly developed and operating communities, losses on an interest rate contract in the prior year periods, not present in 2014 and decrease in depreciation expense related to in-place leases acquired as part of the Archstone acquisition. For the nine months, the company reported FFO attributable to common stockholders of USD 717,553,000 against USD 447,470,000 a year ago. Earnings per share - diluted were USD 4.14 against USD 0.80 a year ago. FFO per common share - diluted was USD 5.49 against USD 3.54 a year ago. Net income attributable to common stockholders was USD 540,929,000 against USD 100,929,000 a year ago. Core FFO was USD 659,812,000 against USD 583,476,000 a year ago. Core FFO per share was USD 5.05 against USD 4.61 a year ago. For the fourth quarter of 2014, the Company expects diluted EPS in the range of USD 1.05 to USD 1.11 and expects projected diluted FFO per share in the range of USD 1.74 to USD 1.80. The company expects projected core FFO per share to be in the range of USD 1.73 to USD 1.79. EPS and Projected FFO per share for the fourth quarter and full year 2014 are expected to be impacted by non-routine items. For the full year 2014, the company expects diluted EPS in the range of USD 5.19 to USD 5.25 and expects projected diluted FFO per share in the range of USD 7.23 to USD 7.29. The company expects projected core FFO per share to be in the range of USD 6.78 to USD 6.84.

Avalonbay Communities Inc. to Report Q3, 2014 Results on Oct 27, 2014

Avalonbay Communities Inc. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Oct 27, 2014

Avalonbay Communities Inc., Q3 2014 Earnings Call, Oct 28, 2014

Avalonbay Communities Inc., Q3 2014 Earnings Call, Oct 28, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AVB:US $155.84 USD +2.28

AVB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Apartment Investment & Management Co $35.79 USD +1.30
Essex Property Trust Inc $201.76 USD +5.00
Mid-America Apartment Communities Inc $70.66 USD +0.45
Realty Income Corp $46.03 USD -0.49
UDR Inc $30.23 USD +0.57
View Industry Companies
 

Industry Analysis

AVB

Industry Average

Valuation AVB Industry Range
Price/Earnings 33.9x
Price/Sales 12.4x
Price/Book 2.2x
Price/Cash Flow 16.5x
TEV/Sales 8.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AVALONBAY COMMUNITIES INC, please visit www.avalonbay.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.