AvalonBay Communities
About: AvalonBay Communities owns a portfolio of 286 apartment communities with over 86,000 units and is developing 19 additional properties with over 6,800 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.
Employees: 3,039
0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
64% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 55
24% more repeat investments, than reductions
Existing positions increased: 286 | Existing positions reduced: 231
3% more funds holding
Funds holding: 699 [Q2] → 721 (+22) [Q3]
4% more capital invested
Capital invested by funds: $27.8B [Q2] → $28.9B (+$1.11B) [Q3]
4.06% less ownership
Funds ownership: 94.42% [Q2] → 90.36% (-4.06%) [Q3]
41% less call options, than puts
Call options by funds: $45.7M | Put options by funds: $77.4M
63% less funds holding in top 10
Funds holding in top 10: 16 [Q2] → 6 (-10) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$223
1%
upside
Avg. target
$239
8%
upside
High target
$262
19%
upside
7 analyst ratings
2 positive
29%
5 neutral
71%
0 negative
0%
Barclays Richard Hightower 53% 1-year accuracy 9 / 17 met price target | 4%upside $230 | Equal-Weight Maintained | 24 Jan 2025 |
Morgan Stanley Adam Kramer 75% 1-year accuracy 3 / 4 met price target | 1%upside $223 | Equal-Weight Downgraded | 24 Jan 2025 |
Mizuho Vikram Malhotra 75% 1-year accuracy 6 / 8 met price target | 10%upside $242 | Outperform Upgraded | 6 Jan 2025 |
Barclays Anthony Powell 47% 1-year accuracy 14 / 30 met price target | 10%upside $243 | Equal-Weight Maintained | 17 Dec 2024 |
JP Morgan Anthony Paolone 39% 1-year accuracy 7 / 18 met price target | 19%upside $262 | Overweight Upgraded | 17 Dec 2024 |
Financial journalist opinion
Based on 13 articles about AVB published over the past 30 days
Positive
Seeking Alpha
1 day ago
The Ten Commandments Of REIT Investing
The Chilton REIT Strategy, founded by Bruce Garrison, has achieved an annualized total return of +9.3% gross of fees over 20 years. Successful REITs are characterized by strong management, a focused strategy, high insider ownership, and financial strength, as outlined in 'The Ten Commandments of REIT Investing.' Public REITs, with superior balance sheets and access to capital, are well-positioned to outperform private equity alternatives in a higher interest rate environment.
Positive
Zacks Investment Research
1 day ago
Seeking Clues to AvalonBay (AVB) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Beyond analysts' top -and-bottom-line estimates for AvalonBay (AVB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Negative
Seeking Alpha
3 days ago
Volatility Is Back
US equity markets posted modest declines this week amid a "DeepSeek" tumble, while interest rates declined to six-week lows as markets responded to the pause in the Fed's rate-cutting cycle. The Nasdaq 100 was the center of the action this week, dipping 1.4% on concern over potential competition from Chinese startup DeepSeek, which sparked a sharp sell-off in AI-darlings. Real estate equities were among the stronger performers for a third-straight week, buoyed by easing interest rates and by a relatively solid start to REIT earnings season.
Positive
Zacks Investment Research
4 days ago
What to Expect From AvalonBay Communities in Q4 Earnings?
AvalonBay's Q4 results are likely to show the benefits of its diversified portfolio and technological initiatives despite elevated deliveries and high interest expenses.
Positive
Seeking Alpha
1 week ago
Morning In America
Following the best week since November, U.S. markets posted their best first-week of a Presidential term since 1985 as investors saw business-friendly undertones in the early days of the new administration. Striking an agreeable tone for markets that were wary of the inflationary impacts of trade and fiscal policy, President Trump focused on supply side policies and didn't immediately implement sweeping tariffs. Posting record-highs for the first time since early December, the S&P 500 gained another 1.7% on the week, notching back-to-back weekly gains following a stretch of 4-of-5 weekly losses.
Negative
Seeking Alpha
1 week ago
My Biggest Losses Of 2024
No one bats a thousand. Not me. Not you. Not Warren Buffett. I suffered massive losses on two investments in 2024. Here they are.
Neutral
Seeking Alpha
2 weeks ago
The End Of An Era
U.S. equity and bond markets posted their best week since the November election, as benchmark interest rates tumbled after inflation data showed surprisingly muted pressures in December. Closing the books on the Biden era, the Trump Administration assumes the reins next week of a U.S. economy that has seemingly "held it together" through a myriad of headwinds. The worst four years of inflation and the first decline in "real" consumer incomes since the late 1970s paradoxically coincided with a robust period of job growth and historically low unemployment.
Positive
Zacks Investment Research
2 weeks ago
Here's Why You Should Retain AvalonBay in Your Portfolio Now
AVB benefits from strong renter demand, strategic acquisitions, and technological upgrades but faces challenges from elevated supply and high interest costs.
Neutral
Business Wire
2 weeks ago
AvalonBay Communities Announces 2024 Dividend Income Tax Treatment
ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (the “Company”) (NYSE: AVB) announced today the final income allocations of the Company's 2024 dividend distributions on its Common Stock. The final dividend allocations as they will be reported on Form 1099-DIV are set forth in the following table: Common Shares (CUSIP #053484101) Declaration Date Record Date Payment Date Distribution Per Share Ordinary Taxable Dividend (1) Qualified Dividend Return of Capital Long-Term Capital Gain.
Positive
CNBC Television
2 weeks ago
California REITs see rating upgrades in the wake of fires
CNBC's Diana Olick reports on REIT performance post-California wildfires.
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