Last $165.60 USD
Change Today -0.29 / -0.17%
Volume 1.7M
AVB On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

avalonbay communities inc (AVB) Snapshot

Open
$166.60
Previous Close
$165.89
Day High
$166.67
Day Low
$164.97
52 Week High
12/19/14 - $166.67
52 Week Low
01/30/14 - $114.16
Market Cap
21.9B
Average Volume 10 Days
858.2K
EPS TTM
$4.64
Shares Outstanding
132.0M
EX-Date
12/29/14
P/E TM
35.7x
Dividend
$4.64
Dividend Yield
2.75%
Current Stock Chart for AVALONBAY COMMUNITIES INC (AVB)

avalonbay communities inc (AVB) Related Businessweek News

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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. Declares Fourth Quarter 2014 Dividend, Payable January 15, 2015

AvalonBay Communities Inc. announced that its Board of Directors declared a cash dividend on the company's common stock (par value $0.01 per share) for the fourth quarter of 2014. The common stock dividend is $1.16 per share and is payable January 15, 2015 to all common stockholders of record as of December 31, 2014.

AvalonBay Communities, Inc. Prices $300 Million Unsecured Notes Offering

AvalonBay Communities Inc. announced that it priced a $300 million offering of unsecured notes with a maturity of November 15, 2024 under its existing shelf registration statement. Interest on the Notes will be paid semi-annually on May 15 and November 15, with the first payment to be made on May 15, 2015. Settlement is scheduled for November 21, 2014. The company expects to use the net proceeds, after estimated issuance costs, of approximately $295 million from the sale of the Notes for working capital, capital expenditures and other general corporate purposes, which may include development, redevelopment and acquisition of apartment communities and repayment and refinancing of existing debt. Pending the application of the net proceeds as described above, the Company may invest the net proceeds in short-term, interest-bearing, investment-grade securities. The offering is being made pursuant to an automatic shelf registration statement that became effective upon filing with the Securities and Exchange Commission on February 27, 2012.

Avalonbay Communities Seeks Acquisitions

Avalonbay Communities Inc. (NYSE:AVB) announced a fixed-income offering and expects to use the net proceeds of approximately $295 million for working capital, capital expenditures and other general corporate purposes, which may include development, redevelopment and acquisition of apartment communities and repayment and refinancing of existing debt.

 

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AVB:US $165.60 USD -0.29

AVB Competitors

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Company Last Change
Apartment Investment & Management Co $37.51 USD +0.71
Essex Property Trust Inc $208.16 USD -0.09
Mid-America Apartment Communities Inc $74.69 USD +0.18
Realty Income Corp $48.60 USD +0.59
UDR Inc $31.08 USD +0.01
View Industry Companies
 

Industry Analysis

AVB

Industry Average

Valuation AVB Industry Range
Price/Earnings 36.7x
Price/Sales 12.2x
Price/Book 2.4x
Price/Cash Flow 17.9x
TEV/Sales 8.5x
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