|Bid||156.29 x 900|
|Ask||177.00 x 800|
|Day's Range||154.22 - 158.86|
|52 Week Range||118.17 - 229.40|
|Beta (5Y Monthly)||0.86|
|PE Ratio (TTM)||27.88|
|Earnings Date||Jul. 29, 2020 - Aug. 03, 2020|
|Forward Dividend & Yield||6.36 (4.00%)|
|Ex-Dividend Date||Jun. 29, 2020|
|1y Target Est||179.94|
Amid the ongoing pandemic-led issues, AvalonBay (AVB) boosts its liquidity and addresses its near-term debt maturities with a $600-million unsecured note offering.
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the "Company") announced today that on May 22, 2020 it completed a $600 million offering of unsecured notes (the "Notes") with a maturity of January 15, 2031 under its existing shelf registration statement. Details of the transaction are set forth in the table below:
AvalonBay Communities, Inc. (NYSE: AVB) announced today that its Board of Directors declared a cash dividend on the Company’s Common Stock (par value $0.01 per share) for the second quarter of 2020. The Common Stock dividend is $1.59 per share and is payable July 15, 2020 to all Common Stockholders of Record as of June 30, 2020.
AvalonBay's (AVB) Q1 results highlight year-over-year increase in average rental rates and economic occupancy. The company also apprises about rent collections for April.
AvalonBay (AVB) delivered FFO and revenue surprises of -0.42% and -0.04%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
AvalonBay Communities, Inc. (NYSE: AVB) (the "Company") reported today that Net Income Attributable to Common Stockholders for the three months ended March 31, 2020 was $167,971,000. This resulted in a decrease in Earnings per Share – diluted ("EPS") for the three months ended March 31, 2020 of 3.3% to $1.19 from $1.23 for the prior year period.
As the underlying asset categories and location of properties play a crucial role in determining REITs' performance, not all REIT types were equally challenged by the coronavirus pandemic in Q1.
While AvalonBay's (AVB) Q1 results will likely reflect benefits from a healthy rental housing demand, seasonality and high supply might have partly curbed its growth tempo.
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) today announced that its Board of Directors has determined to transition the location of the 2020 Annual Meeting of Stockholders (the "Annual Meeting") after considering a Virginia stay-at-home executive order and the national public health impact of COVID-19. The Annual Meeting will still be held on Tuesday, May 12, 2020, at 8:00 a.m. Eastern Time but it will be held in a virtual meeting format via audio webcast only. Stockholders will not be able to attend the Annual Meeting physically but will be able to vote and submit questions online during the meeting. Stockholders who have already authorized a proxy to vote their shares or who have responded to a voting instruction form from their bank or broker do not need to take any additional action.
Conference call time in first paragraph, second sentence of release dated April 13, 2020, should read: 12:00 PM Eastern Time (instead of 11:00 AM Eastern Time). Dates available in the Details for the Replay of the Conference Call should read: May 7, 2020 at 5:00 PM ET to May 14, 2020 at 5:00 PM ET (instead of May 7, 2020 at 4:00 PM ET to May 14, 2020 at 4:00 PM ET).
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the "Company") today announced that it has taken various actions to mitigate the effect on its residents, associates and business from the national emergency that has arisen as a result of the coronavirus pandemic.
AvalonBay Communities (AVB) anticipated to benefit from high-quality assets in premium locations, favorable demographics, household formation and job-market growth.
AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the "Company") announced today that it expects total rental revenue for Established Communities for the two months ending February 29, 2020 to increase 3.1% over the prior year period. This is 10 basis points above what the Company’s expectation was for total rental revenue growth during this period when the Company published its outlook for full year Established Communities rental revenue growth on February 5, 2020.
Last week saw the newest yearly earnings release from AvalonBay Communities, Inc. (NYSE:AVB), an important milestone...
AvalonBay's (AVB) Q4 results highlight growth in average rental rates and economic occupancy. Also, the company announces a dividend hike of 4.6%.
AvalonBay (AVB) delivered FFO and revenue surprises of 1.25% and -0.08%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
AvalonBay Communities (AVB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Positive economic growth, solid demand for housing and office properties, as well as and low interest rates are expected to have aided REITs' performance in Q4.