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AVB $233.11

AVB target price
233.11
0
282
AvalonBay Communities, Inc.
Type
Public company
Traded as NYSE: AVB
S&P 500 Index component
Industry Real estate investment trust
Predecessor Avalon Properties Inc.
Bay Apartment Communities, Inc.
Founded 1978; 39 years ago (1978)
Headquarters Arlington County, Virginia
Key people
Timothy J. Naughton, Chairman & CEO
Kevin P. O’Shea, CFO
Revenue Increase $2.045 billion (2016)
Net income
Increase $1.033 billion (2016)
Total assets Increase $17.867 billion (2016)
Total equity Increase $10.171 billion (2016)
Number of employees
3,071 (2016)
Website www.avalonbay.com
www.avaloncommunities.com

AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.

As of January 31, 2017, the company owned 75,038 apartment units, all of which were in New England, the New York City metropolitan area, the Washington, D.C. metropolitan area, Seattle, and California.

The company was formed by the 1998 merger of Avalon Properties Inc. and Bay Apartment Communities Inc. The merged company owned 40,506 apartment units. Avalon Properties was formed in 1993 as a spinoff from Trammell Crow Company and was led by its Founder, Chuck Berman who served as President and COO, and Richard Michaux, as Chairman and CEO. Bay Apartment Communities was formed in 1994 from the apartment business established by Mike Meyer in 1978.

In February 2001, Bryce Blair was named CEO, and the additional role of Chairman in January 2002.

In 2003, the company sold $450 million in assets and reinvested the proceeds in its development pipeline.

In 2007, the company was added to the S&P 500 Index.

In 2011, Timothy J. Naughton was named CEO, and the additional role of chairman in January 2013.

On February 27, 2013, AvalonBay Communities and Equity Residential closed a $9 billion deal to acquire Archstone from Lehman Brothers.

In September 2017, the company acquired a 252-unit apartment community in Denver, Colorado for $76.8 million.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q4 2022 2023-02-08 Future report Set alerts
Q3 2022 2022-11-03 3.53 3.53
Q2 2022 2022-07-27 0.99 0.99
Q1 2022 2022-04-27 1.87 1.87
Q4 2021 2022-02-02 2.40 2.40
Q3 2021 2021-10-27 0.56 0.56
Q2 2021 2021-07-28 3.21 3.21
Q1 2021 2021-04-28 1.02 1.02
Q4 2020 2021-02-04 2.44 2.44
Q3 2020 2020-10-28 1.05 1.05

Ratings

2016-06-08 Downgrade Jefferies Group Buy to Hold $205.00 to $188.00
2016-05-03 Boost Price Target RBC Capital Outperform $196.00 to $198.00
2016-05-03 Boost Price Target Royal Bank Of Canada Outperform $196.00 to $198.00
2016-04-28 Reiterated Rating BMO Capital Markets Hold
2016-04-28 Reiterated Rating Cantor Fitzgerald Hold
2016-04-14 Boost Price Target Barclays Equal Weight $188.00 to $195.00
2016-04-14 Boost Price Target Barclays PLC Equal Weight $188.00 to $195.00
2016-03-21 Boost Price Target Mizuho $190.00
2016-03-07 Downgrade BMO Capital Markets Outperform to Market Perform $189.00 to $190.00
2016-03-02 Boost Price Target JPMorgan Chase & Co. Neutral to Neutral $197.00 to $200.00
2016-02-22 Reiterated Rating Deutsche Bank Buy
2016-02-22 Reiterated Rating Deutsche Bank AG Buy
2016-02-17 Lower Price Target SunTrust Buy $202.00 to $200.00
2016-02-17 Lower Price Target SunTrust Banks Inc. Buy $202.00 to $200.00
2016-02-13 Reiterated Rating RBC Capital Buy
2016-02-12 Lower Price Target RBC Capital Outperform $205.00 to $196.00
2016-02-11 Reiterated Rating Deutsche Bank Buy $203.00 to $194.00
2016-02-08 Lower Price Target Mizuho Neutral $182.00 to $180.00
2016-02-04 Boost Price Target Evercore ISI Buy $196.00 to $200.00
2016-02-04 Reiterated Rating Cantor Fitzgerald Hold $186.00
2016-01-12 Downgrade Cowen and Company Outperform to Market Perform $189.00 to $192.00
2016-01-08 Initiated Coverage JMP Securities Outperform $210.00
2015-12-22 Reiterated Rating Cantor Fitzgerald Hold $186.00
2015-12-16 Lower Price Target BMO Capital Markets Outperform $189.00
2015-12-11 Upgrade Robert W. Baird Neutral to Outperform $182.00 to $197.00
2015-12-03 Reiterated Rating Deutsche Bank Buy $187.00 to $183.00
2015-11-16 Lower Price Target JPMorgan Chase & Co. Overweight $201.00 to $197.00
2015-11-16 Reiterated Rating Deutsche Bank Buy $198.00 to $203.00
2015-11-10 Initiated Coverage BB&T Corp. Underweight $185.50
2015-10-30 Boost Price Target RBC Capital Outperform $200.00 to $205.00
2015-10-26 Boost Price Target Jefferies Group Buy $202.00 to $210.00
2015-10-20 Boost Price Target Barclays Equal Weight $184.00 to $199.00
2015-10-19 Boost Price Target Deutsche Bank $196.00 to $198.00
2015-10-16 Boost Price Target SunTrust Buy $198.00 to $200.00
2015-09-21 Lower Price Target Mizuho Neutral $187.00 to $180.00
2015-09-08 Lower Price Target Evercore Partners Inc. Buy $193.00 to $187.00
2015-08-20 Upgrade Credit Suisse Neutral to Outperform $193.00 to $200.00
2015-08-20 Upgrade Credit Suisse Group AG Neutral to Outperform $193.00 to $200.00
2015-08-17 Boost Price Target Jefferies Group Buy $202.00
2015-08-04 Boost Price Target Barclays Equal Weight $175.00 to $184.00
2015-07-29 Boost Price Target Deutsche Bank Buy $186.00 to $196.00
2015-07-28 Reiterated Rating Credit Suisse Hold $185.00 to $193.00
2015-07-28 Reiterated Rating Cantor Fitzgerald Hold $179.50
2015-07-20 Initiated Coverage SunTrust Buy $191.00
2015-07-18 Lower Price Target Barclays Equal Weight $179.00 to $175.00
2015-07-03 Reiterated Rating JPMorgan Chase & Co. Buy
2015-07-02 Lower Price Target JPMorgan Chase & Co. Overweight $201.00 to $189.00
2015-07-02 Lower Price Target Jefferies Group $196.00
2015-07-02 Reiterated Rating Evercore ISI Buy $188.00 to $190.00
2015-06-09 Reiterated Rating Evercore ISI Buy $195.00 to $188.00
2015-05-19 Reiterated Rating RBC Capital Outperform
2015-05-18 Boost Price Target Deutsche Bank Buy $183.00 to $186.00
2015-05-16 Reiterated Rating Robert W. Baird Neutral
2015-05-06 Boost Price Target RBC Capital Outperform $190.00 to $193.00
2015-05-02 Reiterated Rating Jefferies Group Buy
2015-04-29 Reiterated Rating Cantor Fitzgerald Hold $172.00
2015-04-20 Set Price Target Barclays Hold $186.00 to $177.00
2015-04-09 Initiated Coverage Janney Montgomery Scott Neutral $177.00
2015-04-08 Initiated Coverage BMO Capital Markets Outperform $192.00
2015-03-16 Initiated Coverage Robert W. Baird Neutral $182.00
2015-02-12 Set Price Target Barclays Hold $185.00 to $186.00
2015-01-30 Boost Price Target Mizuho Neutral $164.00 to $170.00
2015-01-29 Reiterated Rating Cantor Fitzgerald Hold $161.50
2015-01-26 Boost Price Target Deutsche Bank Buy $175.00 to $187.00
2015-01-22 Reiterated Rating Barclays Hold $185.00
2015-01-14 Downgrade Wells Fargo & Co. Market Weight
2015-01-14 Downgrade Wells Fargo Market Weight
2015-01-12 Upgrade Jefferies Group Hold to Buy $156.00 to $195.00
2014-11-11 Initiated Coverage Credit Suisse Neutral
2014-10-30 Reiterated Rating Citigroup Inc. Neutral $155.00 to $165.00
2014-10-29 Boost Price Target RBC Capital Outperform $164.00 to $168.00
2014-10-01 Reiterated Rating Barclays Equal Weight $146.00 to $151.00
2014-08-19 Boost Price Target Cowen and Company $166.00
2014-08-18 Boost Price Target Jefferies Group Hold $146.00 to $149.00
2014-07-29 Reiterated RBC Capital Mkts Outperform $160 to $164
2014-07-29 Reiterated Rating Citigroup Inc. Neutral $130.00 to $155.00
2014-07-29 Boost Price Target RBC Capital Outperform $160.00 to $164.00
2014-07-29 Boost Price Target Deutsche Bank Buy $147.00 to $158.00
2014-07-24 Upgrade Evercore ISI Neutral to Buy
2014-07-23 Initiated Coverage Mizuho Neutral
2014-07-22 Boost Price Target Jefferies Group $125.00 to $146.00
2014-07-21 Boost Price Target Barclays Equal Weight $140.00 to $146.00
2014-07-09 Boost Price Target Deutsche Bank Buy $138.00 to $147.00
2014-06-20 Boost Price Target JPMorgan Chase & Co. Overweight $153.00 to $158.00
2014-05-05 Boost Price Target Barclays Equal Weight $139.00 to $140.00
2014-04-29 Reiterated RBC Capital Mkts Outperform $154 to $160
2014-04-29 Boost Price Target RBC Capital Outperform $154.00 to $160.00
2014-04-28 Boost Price Target Compass Point Neutral $132.00 to $136.00
2014-04-28 Boost Price Target Jefferies Group Hold $123.00 to $125.00
2014-02-03 Lower Price Target Compass Point Neutral $134.00 to $132.00
2014-01-27 Lower Price Target Deutsche Bank Buy $145.00 to $138.00
2014-01-16 Upgrade JPMorgan Chase & Co. Neutral to Overweight $153.00
2013-12-10 Initiated Coverage Morgan Stanley Equal Weight $138.00
2013-10-29 Lower Price Target Compass Point Neutral $136.00 to $134.00
2013-10-25 Reiterated Rating Jefferies Group Hold $130.00
2013-10-25 Lower Price Target Imperial Capital In-Line $140.00 to $135.00
2013-01-07 Reiterated Robert W. Baird Outperform $165 to $157
2012-12-20 Downgrade Stifel Nicolaus Buy to Hold
2012-05-30 Reiterated Compass Point Neutral $141 to $144.50
2012-04-26 Reiterated Stifel Nicolaus Buy $144 to $150
2012-03-09 Upgrade RBC Capital Mkts Outperform to Top Pick $142 to $154
2011-10-07 Upgrade Deutsche Bank Hold to Buy $139 to $137
2011-10-03 Upgrade Stifel Nicolaus Hold to Buy $134
2011-07-28 Downgrade KeyBanc Capital Mkts Buy to Hold
2011-07-20 Reiterated Barclays Capital Equal Weight $125 to $134
2011-07-05 Reiterated Barclays Capital Equal Weight $123 to $125
2016-06-08 Downgrade Jefferies Group Buy to Hold $205.00 to $188.00
2016-05-03 Boost Price Target RBC Capital Outperform $196.00 to $198.00
2016-05-03 Boost Price Target Royal Bank Of Canada Outperform $196.00 to $198.00
2016-04-28 Reiterated Rating BMO Capital Markets Hold
2016-04-28 Reiterated Rating Cantor Fitzgerald Hold

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
LEHMAN BROTHERS HOLDINGS INC. PLAN TRUST 5.35%  (7019706) AVB / LPTN /
NAUGHTON TIMOTHY J CEO & President 0.12%  (152415) AVB / HCN / PK /
SARGEANT THOMAS J CFO 0.09%  (115240) AVB / RPAI /
CHOATE BRUCE A 0.05%  (64855) AVB / SPF /
McLaughlin William M Executive Vice President 0.04%  (51519) AVB /
HEALY JOHN J JR 0.03%  (44352) AVB /
Birenbaum Matthew H. Executive Vice President 0.03%  (44201) AVB /
Breslin Sean J. Executive Vice President 0.03%  (40084) AVB /
HOREY LEO S III Chief Administrative Officer 0.03%  (39024) AVB /
Wilson Stephen W Executive Vice President 0.03%  (35437) AVB /
O'Shea Kevin P. Executive Vice President 0.02%  (23655) AVB / UE /
SCHULMAN EDWARD M EVP-General Counsel 0.02%  (22688) AVB /
SARLES H JAY 0.02%  (20109) AMP / AVB /
PRIMIS LANCE R 0.01%  (16814) AVB /
RUMMELL PETER S 0.01%  (11559) AVB /
WALTER W EDWARD 0.01%  (10570) AMP / AVB / HST /
Shea Keri A VP-Finance and Treasurer 0.01%  (7086) AVB /