AvalonBay Communities, Inc. is a real estate investment trust primarily focusing on developing, redeveloping, acquisition, ownership and operations of multi-family apartment communities for higher-income clients in high barrier-to-entry regions of the United States, which generally command the highest rents in the markets. These markets include New England, the New York/New Jersey metro area, Mid-Atlantic, Pacific Northwest, and Northern and Southern California. The company is also tracking opportunities in the newly expanded markets of Raleigh-Durham and Charlotte, NC; Southeast Florida; Dallas and Austin, TX, and Denver, CO. The company focuses on metropolitan areas historically experiencing rising employment in high-wage sectors of the economy, along with high home ownership costs and a vibrant quality of life.
Revenue (Most Recent Fiscal Year) | $2.91B |
Net Income (Most Recent Fiscal Year) | $1.08B |
PE Ratio (Current Year Earnings Estimate) | 18.11 |
PE Ratio (Trailing 12 Months) | 18.51 |
PEG Ratio (Long Term Growth Estimate) | 2.81 |
Price to Sales Ratio (Trailing 12 Months) | 9.96 |
Price to Book Ratio (Most Recent Quarterly Book Value per Share) | 2.46 |
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) | 14.90 |
Pre-Tax Margin (Trailing 12 Months) | 38.88% |
Net Margin (Trailing 12 Months) | 38.86% |
Return on Equity (Trailing 12 Months) | 9.65% |
Return on Assets (Trailing 12 Months) | 5.42% |
Current Ratio (Most Recent Fiscal Quarter) | 0.51 |
Quick Ratio (Most Recent Fiscal Quarter) | 0.51 |
Debt to Common Equity (Most Recent Fiscal Quarter) | 0.70 |
Inventory Turnover (Trailing 12 Months) | -- |
Book Value per Share (Most Recent Fiscal Quarter) | $83.95 |
Earnings per Share (Most Recent Fiscal Quarter) | $2.83 |
Earnings per Share (Most Recent Fiscal Year) | $11.01 |
Diluted Earnings per Share (Trailing 12 Months) | $8.03 |
Exchange | NYSE |
Sector | Real Estate |
Industry | REIT - Residential |
Common Shares Outstanding | 142.37M |
Free Float | 141.69M |
Market Capitalization | $29.35B |
Average Volume (Last 20 Days) | 0.84M |
Beta (Past 60 Months) | 0.86 |
Percentage Held By Insiders (Latest Annual Proxy Report) | 0.48% |
Percentage Held By Institutions (Latest 13F Reports) | 92.61% |
Annual Dividend (Based on Last Quarter) | $7.00 |
Dividend Yield (Based on Last Quarter) | 3.40% |