AvalonBay Communities, Inc.

AVB

US0534841012

Residential REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
191.4 ^USD	+0.07%		+3.98%	+2.26%

Apr. 26	AvalonBay Communities, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 26	Avalonbay Communities, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024	CI

AvalonBay Communities, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 01, 2024 at 07:04 am EST

AvalonBay Communities, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 702.7 million compared to USD 666.39 million a year ago. Revenue was USD 704.71 million compared to USD 669.67 million a year ago.

Net income was USD 241.97 million compared to USD 241.29 million a year ago. Basic earnings per share from continuing operations was USD 1.7 compared to USD 1.72 a year ago. Diluted earnings per share from continuing operations was USD 1.7 compared to USD 1.72 a year ago.

Latest news about AvalonBay Communities, Inc.

AvalonBay Communities, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 26	CI
Avalonbay Communities, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024	Apr. 26	CI
AvalonBay FFO forecast feels the squeeze as some rental markets remain tepid	Apr. 25	RE
AvalonBay Communities Q1 Core FFO Rises; Q2, 2024 Outlook Set	Apr. 25	MT
RBC Raises Price Target on AvalonBay Communities to $191 From $185, Keeps Sector Perform Rating	Apr. 10	MT
ANALYST RECOMMENDATIONS : Block, Chubb, Doordash, Coinbase, Lloyds...	Apr. 04
Truist Securities Cuts Price Target on AvalonBay Communities to $201 From $203, Maintains Hold Rating	Mar. 14	MT
Avalonbay Communities Insider Sold Shares Worth $928,249, According to a Recent SEC Filing	Mar. 12	MT
AvalonBay to Seek Acquisitions	Mar. 04	CI
Transcript : AvalonBay Communities, Inc. Presents at Citi's 2024 Global Property CEO Conference, Mar-04-2024 11:00 AM	Mar. 04
Mizuho Securities Cuts Price Target on AvalonBay Communities to $185 From $188, Maintains Neutral Rating	Feb. 28	MT
North American Morning Briefing : Stock Futures -2-	Feb. 27	DJ
How long will this bullish phase last?	Feb. 26
Morgan Stanley Upgrades AvalonBay Communities to Overweight From Equalweight, Increases Price Target to $191.50 From $175	Feb. 26	MT
ANALYST RECOMMENDATIONS : AbbVie, Doordash, Eli Lilly, Moderna, Hiscox...	Feb. 26
China move leaves markets unfazed	Feb. 20
Barclays Upgrades AvalonBay Communities to Overweight From Equalweight, Adjusts Price Target to $204 From $194	Feb. 20	MT
ANALYST RECOMMENDATIONS : Airbnb, Nvidia, Msci, Domino's Pizza, Coinbase...	Feb. 20
Avalonbay Communities, Inc. Announces Retirement of W. Edward Walter from the Board	Feb. 13	CI
Transcript : AvalonBay Communities, Inc., Q4 2023 Earnings Call, Feb 01, 2024	Feb. 01
AvalonBay Communities, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 01	CI
AvalonBay Communities, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 01	CI
AvalonBay forecasts 2024 FFO per share below estimates on weakness in rental markets	Jan. 31	RE
AvalonBay Communities Q4 Core FFO Rises; Q1, Full-Year 2024 Outlook Set	Jan. 31	MT
Avalonbay Communities, Inc. Provides Earnings Guidance for the First Quarter and Full Year 2024	Jan. 31	CI

Chart AvalonBay Communities, Inc.

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Company Profile

AvalonBay Communities, Inc. is a real estate investment trust specialized in the development, acquisition, ownership and operation of apartment communities in high barrier-to-entry markets of the United States. At the end of January 2024, the group owned 279 operating apartment communities containing 83 655 apartment homes, of which 19 communities with 6,539 apartment homes were under development.

Sector

Residential REITs

Calendar

2024-05-16 - Annual General Meeting

Related indices

S&P 500

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Ratings for AvalonBay Communities, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

191.4 USD

Average target price

198.7 USD

Spread / Average Target

+3.77%

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Sector Residential REITs

	1st Jan change	Capi.
AVALONBAY COMMUNITIES, INC.	+2.26%	27.19B
EQUITY RESIDENTIAL	+6.51%	24.68B
INVITATION HOMES INC.	+1.79%	21.27B
ESSEX PROPERTY TRUST, INC.	-0.41%	15.85B
MID-AMERICA APARTMENT COMMUNITY, INC.	-3.89%	15.08B
SUN COMMUNITIES, INC.	-10.90%	14.84B
AMERICAN HOMES 4 RENT	+1.25%	13.34B
UDR INC.	-0.99%	12.48B
EQUITY LIFESTYLE PROPERTIES, INC.	-14.19%	11.29B
CAMDEN PROPERTY TRUST	+0.33%	10.84B

Residential REITs