Inside the research
AvalonBay Communities Inc
AVB Research profile · latest available data
Price overview
$68.14
▲ +1.35 (+2.0%)
| 52w hi | $184.06 |
|---|---|
| 52w lo | $56.42 |
| Vol | 6.20M |
| As of | 24 Aug 2026 |
The Verdict
Our score -0.00
| Short | +0.58 |
|---|---|
| Medium | -0.21 |
| Long | -0.75 |
computed 2026-09-27
Key fundamentals
AvalonBay Communities Inc
Real Estate · REIT - Residential
| Market cap | $26.28B |
|---|---|
| Enterprise value | $35.55B |
| Trailing P/E | 25.25x |
| Forward P/E | 36.58x |
| EV / EBITDA | 19.14x |
| P / S (ttm) | 8.52x |
| Profit margin | 33.3% |
| Return on equity | 8.5% |
| Revenue growth | +2.3% |
| Earnings growth | -41.3% |
| Debt / equity | 75.13 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | -0.04 | |
| Sector | -0.04 | |
| Technical | +0.00 | |
| Earnings | +0.00 | |
| Sentiment | +0.49 |
macro × 1.00 · 2026-09-27
Business overview
AvalonBay Communities, Inc., a member of S&P 500, is an equity REIT. The firm develops, redevelops, acquires and manages apartment communities in leading metropolitan areas in Boston, Massachusetts, the New York/New Jersey Metro area, the Mid-Atlantic, Seattle, Washington, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. As of June 30, 2026, the Company owned or held a direct or indirect ownership interest in 322 apartment communities containing 99,072 apartment homes in 11 states and the District of Columbia, of which 27 communities were under development and one community was under redevelopment. AvalonBay Communities, Inc. was incorporated in 1978 in Maryland and is based in Arlington, Virginia.
Risk Metrics
| Beta vs SPX | 0.44 |
|---|---|
| Corr SPX | 0.06 |
| Annual vol | 128.7% |
| Annual ret | +87.4% |
| Sharpe | 0.68 |
| Max DD | -32.4% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $194.55 |
|---|---|
| High / Low | $221.00 / $172.00 |
| Median | $191.00 |
| Analysts | 20 |
| Strong Buy | 3 | |
|---|---|---|
| Buy | 4 | |
| Hold | 16 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-04 | Cantor Fitzgerald | → Neutral |
| 2026-04-29 | RBC Capital | → Sector Perform |
| 2026-04-27 | Barclays | → Overweight |
| 2026-04-23 | Wells Fargo | → Overweight |
| 2026-04-06 | Evercore ISI Group | → In-Line |
| 2026-03-26 | Morgan Stanley | → Equal-Weight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-12 | Shareholder Vote, Other Material Event… | read |
| 2026-07-31 | Other Material Event | read |
| 2026-07-23 | Earnings Release, Exhibits | read |
| 2026-06-08 | Other Material Event, Exhibits | read |
| 2026-05-22 | Officer / Director Change, Shareholder Vote… | read |
| 2026-05-21 | Material Agreement, Reg FD Disclosure… | read |
| 2026-04-28 | Earnings Release, Exhibits | read |
| 2026-02-05 | Earnings Release, Exhibits | read |
| 2025-12-01 | Other Material Event, Exhibits | read |
| 2025-11-10 | Officer / Director Change | read |
| 2025-10-30 | Earnings Release, Exhibits | read |
| 2025-07-31 | Earnings Release, Exhibits | read |
Dividends
| Yield (TTM) | 7.75% |
|---|---|
| $ / share (TTM) | $5.28 |
| 5y CAGR | +1.9% |
Annual dividend per share
| 2021 | $6.36 |
|---|---|
| 2022 | $6.36 |
| 2023 | $6.60 |
| 2024 | $6.80 |
| 2025 | $7.00 |
| 2026 | $1.78 |
SEC Filings
The Long Run
FY 2009–2025 · 17 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $7.08M | -25.1% | |
| Operating income | $2.02B | +8.4% | |
| Net income | $1.08B | +11.7% | |
| Cash from ops | $1.56B | +9.3% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Aug 24 | $67.36 | $68.62 | $67.36 | $68.14 | 6.20M |
| Aug 21 | $65.28 | $66.91 | $65.28 | $66.79 | 7.16M |
| Aug 20 | $65.33 | $66.00 | $64.72 | $65.14 | 4.33M |
| Aug 19 | $64.27 | $64.99 | $63.68 | $64.35 | 6.13M |
| Aug 18 | $64.16 | $65.05 | $63.69 | $64.03 | 6.39M |
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