(AVB) AvalonBay Communities - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US0534841012
Stock: Apartment Communities, Development, Management, Acquisition
Total Rating 29
Risk 66
Buy Signal -0.35
| Risk 5d forecast | |
|---|---|
| Volatility | 19.3% |
| Relative Tail Risk | -0.18% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.90 |
| Alpha | -24.77 |
| Character TTM | |
|---|---|
| Beta | 0.258 |
| Beta Downside | 0.199 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.49% |
| CAGR/Max DD | 0.21 |
EPS (Earnings per Share)
Revenue
Description: AVB AvalonBay Communities February 28, 2026
AvalonBay Communities (AVB) is a S&P 500-listed equity REIT that develops, acquires, redevelops and manages multifamily properties across major U.S. metros-including New England, New York/New Jersey, the Mid-Atlantic, the Pacific Northwest, California, and emerging markets such as Raleigh-Durham, Charlotte, Dallas, Austin, Denver and Southeast Florida. As of 31 Dec 2025 the firm owned or held interests in 320 communities comprising 98,694 apartment homes, with 24 communities still under development.
Key recent metrics highlight the REIT’s strength: FY 2025 FFO reached $2.02 per share, occupancy held at 96.5 % across the portfolio, and average rent grew 3.8 % YoY to roughly $2,200 per month. The sector benefits from a persistent supply-demand imbalance in high-growth metros and a modest easing of interest rates that supports both acquisition financing and tenant affordability.
For a deeper dive into AVB’s valuation dynamics, you might explore the latest analysis on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 1.05b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 0.10 > 1.0 |
| NWC/Revenue: -18.18% < 20% (prev -16.45%; Δ -1.73% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.67b > Net Income 1.05b |
| Net Debt (9.14b) to EBITDA (2.23b): 4.10 < 3 |
| Current Ratio: 0.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (142.0m) vs 12m ago -0.50% < -2% |
| Gross Margin: 66.99% > 18% (prev 0.63%; Δ 6636 % > 0.5%) |
| Asset Turnover: 14.07% > 50% (prev 13.87%; Δ 0.20% > 0%) |
| Interest Coverage Ratio: 5.07 > 6 (EBITDA TTM 2.23b / Interest Expense TTM 259.2m) |
Altman Z'' 0.34
| A: -0.02 (Total Current Assets 187.2m - Total Current Liabilities 739.6m) / Total Assets 22.19b |
| B: 0.02 (Retained Earnings 371.2m / Total Assets 22.19b) |
| C: 0.06 (EBIT TTM 1.31b / Avg Total Assets 21.60b) |
| D: 0.04 (Book Value of Equity 372.6m / Total Liabilities 10.36b) |
| Altman-Z'' Score: 0.34 = B |
Beneish M
| DSRI: none (Receivables none/none, Revenue 3.04b/2.91b) |
| GMI: 0.94 (GM 66.99% / 63.16%) |
| AQI: 0.06 (AQ_t 0.05 / AQ_t-1 0.98) |
| SGI: 1.04 (Revenue 3.04b / 2.91b) |
| TATA: -0.03 (NI 1.05b - CFO 1.67b) / TA 22.19b) |
| Beneish M-Score: cannot calculate (missing components) |
What is the price of AVB shares?
As of March 06, 2026, the stock is trading at USD 179.29 with a total of 447,691 shares traded.
Over the past week, the price has changed by -0.21%, over one month by +5.65%, over three months by +1.68% and over the past year by -17.25%.
Over the past week, the price has changed by -0.21%, over one month by +5.65%, over three months by +1.68% and over the past year by -17.25%.
Is AVB a buy, sell or hold?
AvalonBay Communities has received a consensus analysts rating of 3.63.
Therefor, it is recommend to hold AVB.
- StrongBuy: 5
- Buy: 5
- Hold: 14
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the AVB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 198.1 | 10.5% |
| Analysts Target Price | 198.1 | 10.5% |
AVB Fundamental Data Overview March 05, 2026
P/E Trailing = 23.9946
P/E Forward = 34.1297
P/S = 8.2559
P/B = 2.1349
P/EG = 6.972
Revenue TTM = 3.04b USD
EBIT TTM = 1.31b USD
EBITDA TTM = 2.23b USD
Long Term Debt = 8.49b USD (from longTermDebt, two quarters ago)
Short Term Debt = 739.6m USD (from shortTermDebt, last quarter)
Debt = 9.33b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.14b USD (from netDebt column, last quarter)
Enterprise Value = 34.25b USD (25.11b + Debt 9.33b - CCE 187.2m)
Interest Coverage Ratio = 5.07 (Ebit TTM 1.31b / Interest Expense TTM 259.2m)
EV/FCF = 22.66x (Enterprise Value 34.25b / FCF TTM 1.51b)
FCF Yield = 4.41% (FCF TTM 1.51b / Enterprise Value 34.25b)
FCF Margin = 49.74% (FCF TTM 1.51b / Revenue TTM 3.04b)
Net Margin = 34.64% (Net Income TTM 1.05b / Revenue TTM 3.04b)
Gross Margin = 66.99% ((Revenue TTM 3.04b - Cost of Revenue TTM 1.00b) / Revenue TTM)
Gross Margin QoQ = 68.23% (prev 72.12%)
Tobins Q-Ratio = 1.54 (Enterprise Value 34.25b / Total Assets 22.19b)
Interest Expense / Debt = 0.74% (Interest Expense 69.1m / Debt 9.33b)
Taxrate = 21.0% (US default 21%)
NOPAT = 1.04b (EBIT 1.31b * (1 - 21.00%))
Current Ratio = 0.25 (Total Current Assets 187.2m / Total Current Liabilities 739.6m)
Debt / Equity = 0.80 (Debt 9.33b / totalStockholderEquity, last quarter 11.61b)
Debt / EBITDA = 4.10 (Net Debt 9.14b / EBITDA 2.23b)
Debt / FCF = 6.05 (Net Debt 9.14b / FCF TTM 1.51b)
Total Stockholder Equity = 11.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.87% (Net Income 1.05b / Total Assets 22.19b)
RoE = 8.88% (Net Income TTM 1.05b / Total Stockholder Equity 11.85b)
RoCE = 6.46% (EBIT 1.31b / Capital Employed (Equity 11.85b + L.T.Debt 8.49b))
RoIC = 5.07% (NOPAT 1.04b / Invested Capital 20.50b)
WACC = 6.09% (E(25.11b)/V(34.44b) * Re(8.14%) + D(9.33b)/V(34.44b) * Rd(0.74%) * (1-Tc(0.21)))
Discount Rate = 8.14% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.08%
[DCF] Terminal Value 86.27% ; FCFF base≈1.47b ; Y1≈1.58b ; Y5≈1.94b
[DCF] Fair Price = 317.9 (EV 54.01b - Net Debt 9.14b = Equity 44.87b / Shares 141.1m; r=6.09% [WACC]; 5y FCF grow 8.65% → 2.90% )
EPS Correlation: 7.56 | EPS CAGR: 9.76% | SUE: -0.25 | # QB: 0
Revenue Correlation: 97.91 | Revenue CAGR: 6.15% | SUE: 0.77 | # QB: 0
EPS next Quarter (2026-06-30): EPS=1.17 | Chg7d=-0.023 | Chg30d=-0.140 | Revisions Net=-1 | Analysts=3
EPS current Year (2026-12-31): EPS=4.87 | Chg7d=-0.080 | Chg30d=-0.258 | Revisions Net=-1 | Growth EPS=-2.9% | Growth Revenue=+3.1%
EPS next Year (2027-12-31): EPS=5.15 | Chg7d=-0.075 | Chg30d=-0.345 | Revisions Net=-1 | Growth EPS=+5.8% | Growth Revenue=+5.4%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.0% (Discount Rate 8.1% - Earnings Yield 4.2%)
[Growth] Growth Spread = -1.6% (Analyst 2.4% - Implied 4.0%)
P/E Forward = 34.1297
P/S = 8.2559
P/B = 2.1349
P/EG = 6.972
Revenue TTM = 3.04b USD
EBIT TTM = 1.31b USD
EBITDA TTM = 2.23b USD
Long Term Debt = 8.49b USD (from longTermDebt, two quarters ago)
Short Term Debt = 739.6m USD (from shortTermDebt, last quarter)
Debt = 9.33b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.14b USD (from netDebt column, last quarter)
Enterprise Value = 34.25b USD (25.11b + Debt 9.33b - CCE 187.2m)
Interest Coverage Ratio = 5.07 (Ebit TTM 1.31b / Interest Expense TTM 259.2m)
EV/FCF = 22.66x (Enterprise Value 34.25b / FCF TTM 1.51b)
FCF Yield = 4.41% (FCF TTM 1.51b / Enterprise Value 34.25b)
FCF Margin = 49.74% (FCF TTM 1.51b / Revenue TTM 3.04b)
Net Margin = 34.64% (Net Income TTM 1.05b / Revenue TTM 3.04b)
Gross Margin = 66.99% ((Revenue TTM 3.04b - Cost of Revenue TTM 1.00b) / Revenue TTM)
Gross Margin QoQ = 68.23% (prev 72.12%)
Tobins Q-Ratio = 1.54 (Enterprise Value 34.25b / Total Assets 22.19b)
Interest Expense / Debt = 0.74% (Interest Expense 69.1m / Debt 9.33b)
Taxrate = 21.0% (US default 21%)
NOPAT = 1.04b (EBIT 1.31b * (1 - 21.00%))
Current Ratio = 0.25 (Total Current Assets 187.2m / Total Current Liabilities 739.6m)
Debt / Equity = 0.80 (Debt 9.33b / totalStockholderEquity, last quarter 11.61b)
Debt / EBITDA = 4.10 (Net Debt 9.14b / EBITDA 2.23b)
Debt / FCF = 6.05 (Net Debt 9.14b / FCF TTM 1.51b)
Total Stockholder Equity = 11.85b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.87% (Net Income 1.05b / Total Assets 22.19b)
RoE = 8.88% (Net Income TTM 1.05b / Total Stockholder Equity 11.85b)
RoCE = 6.46% (EBIT 1.31b / Capital Employed (Equity 11.85b + L.T.Debt 8.49b))
RoIC = 5.07% (NOPAT 1.04b / Invested Capital 20.50b)
WACC = 6.09% (E(25.11b)/V(34.44b) * Re(8.14%) + D(9.33b)/V(34.44b) * Rd(0.74%) * (1-Tc(0.21)))
Discount Rate = 8.14% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.08%
[DCF] Terminal Value 86.27% ; FCFF base≈1.47b ; Y1≈1.58b ; Y5≈1.94b
[DCF] Fair Price = 317.9 (EV 54.01b - Net Debt 9.14b = Equity 44.87b / Shares 141.1m; r=6.09% [WACC]; 5y FCF grow 8.65% → 2.90% )
EPS Correlation: 7.56 | EPS CAGR: 9.76% | SUE: -0.25 | # QB: 0
Revenue Correlation: 97.91 | Revenue CAGR: 6.15% | SUE: 0.77 | # QB: 0
EPS next Quarter (2026-06-30): EPS=1.17 | Chg7d=-0.023 | Chg30d=-0.140 | Revisions Net=-1 | Analysts=3
EPS current Year (2026-12-31): EPS=4.87 | Chg7d=-0.080 | Chg30d=-0.258 | Revisions Net=-1 | Growth EPS=-2.9% | Growth Revenue=+3.1%
EPS next Year (2027-12-31): EPS=5.15 | Chg7d=-0.075 | Chg30d=-0.345 | Revisions Net=-1 | Growth EPS=+5.8% | Growth Revenue=+5.4%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.0% (Discount Rate 8.1% - Earnings Yield 4.2%)
[Growth] Growth Spread = -1.6% (Analyst 2.4% - Implied 4.0%)