Overview Dividends

(AVB) AvalonBay Communities - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0534841012

Apartment Homes, Development, Redevelopment, Property Management

AVB EPS (Earnings per Share)

EPS Growth (3Y CAGR): -62.22%
EPS Trend (3Y Correlation): -30.5%

AVB Revenue

Revenue Growth (3Y CAGR): 4.97%
Revenue Trend (3Y Correlation): 99.6%

Description: AVB AvalonBay Communities

AvalonBay Communities, Inc. (AVB) is a S&P 500-listed equity REIT that develops, redevelops, acquires, and manages multifamily apartment assets across 11 states and the District of Columbia. As of June 30 2025 the firm owned or held interests in 315 communities comprising 97,212 apartment homes, with 20 additional projects under construction, concentrated in high-growth metros such as New England, New York/New Jersey, the Mid-Atlantic, the Pacific Northwest, California, and emerging markets like Raleigh-Durham, Charlotte, Southeast Florida, Dallas, Austin, and Denver.

Key operating metrics that investors watch include an occupancy rate that has consistently hovered around 96% in 2024-25, reflecting strong demand in the company’s core markets. Rent growth has outpaced the national average, averaging roughly 4% year-over-year in 2024, driven by limited supply and robust job growth in tech-heavy regions. The REIT’s weighted-average lease-up cost remains below industry peers at about $12,000 per unit, supporting higher net operating income margins. On the macro side, the sector is sensitive to Federal Reserve policy; a 25-basis-point rise in rates typically compresses cap rates by 5-10 bps, which can modestly depress AVB’s valuation multiples.

For a deeper, data-driven view of AVB’s valuation dynamics and scenario analysis, you may find ValueRay’s interactive dashboards worth exploring.

AVB Stock Overview

Market Cap in USD	26,274m
Sub-Industry	Multi-Family Residential REITs
IPO / Inception	1994-03-10

AVB Stock Ratings

Growth Rating	-11.4%
Fundamental	64.3%
Dividend Rating	59.9%
Return 12m vs S&P 500	-25.1%
Analyst Rating	3.63 of 5

AVB Dividends

Dividend Yield 12m	3.72%
Yield on Cost 5y	5.66%
Annual Growth 5y	1.69%
Payout Consistency	97.9%
Payout Ratio	98.4%

AVB Growth Ratios

Growth Correlation 3m	-18.5%
Growth Correlation 12m	-90.5%
Growth Correlation 5y	38.2%
CAGR 5y	6.01%
CAGR/Max DD 3y (Calmar Ratio)	0.28
CAGR/Mean DD 3y (Pain Ratio)	0.84
Sharpe Ratio 12m	-0.34
Alpha	-27.91
Beta	0.865
Volatility	18.58%
Current Volume	762.8k
Average Volume 20d	787.9k
Stop Loss	181.4 (-3%)
Signal	0.02

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (1.16b TTM) > 0 and > 6% of Revenue (6% = 178.9m TTM)

FCFTA 0.06 (>2.0%) and ΔFCFTA -0.57pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -38.37% (prev 2.13%; Δ -40.51pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.07 (>3.0%) and CFO 1.61b > Net Income 1.16b (YES >=105%, WARN >=100%)

Net Debt (8.73b) to EBITDA (2.28b) ratio: 3.83 <= 3.0 (WARN <= 3.5)

Current Ratio 0.21 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (143.3m) change vs 12m ago 0.63% (target <= -2.0% for YES)

Gross Margin 63.00% (prev 64.09%; Δ -1.09pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 13.91% (prev 13.51%; Δ 0.40pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 5.85 (EBITDA TTM 2.28b / Interest Expense TTM 239.4m) >= 6 (WARN >= 3)

Altman Z'' 0.25

(A) -0.05 = (Total Current Assets 295.4m - Total Current Liabilities 1.44b) / Total Assets 21.84b

(B) 0.03 = Retained Earnings (Balance) 595.5m / Total Assets 21.84b

(D) 0.06 = Book Value of Equity 624.6m / Total Liabilities 9.67b

Total Rating: 0.25 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.31

1. Piotroski 3.50pt = -1.50

2. FCF Yield 3.96% = 1.98

3. FCF Margin 46.52% = 7.50

4. Debt/Equity 0.74 = 2.24

5. Debt/Ebitda 3.83 = -2.48

6. ROIC - WACC (= -0.15)% = -0.19

7. RoE 9.73% = 0.81

8. Rev. Trend 99.64% = 7.47

9. EPS Trend -30.55% = -1.53

What is the price of AVB shares?

As of October 20, 2025, the stock is trading at USD 187.02 with a total of 762,760 shares traded.
Over the past week, the price has changed by +1.27%, over one month by -2.19%, over three months by -6.01% and over the past year by -13.71%.

Is AvalonBay Communities a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, AvalonBay Communities is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 64.31 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AVB is around 175.23 USD . This means that AVB is currently overvalued and has a potential downside of -6.3%.

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.

Strong Buy: 5
Buy: 5
Hold: 14
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the AVB price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	217.7	16.4%
Analysts Target Price	217.7	16.4%
ValueRay Target Price	192.9	3.1%

Last update: 2025-10-12 02:01

AVB Fundamental Data Overview

Market Cap USD = 26.27b (26.27b USD * 1.0 USD.USD)
P/E Trailing = 22.6695
P/E Forward = 35.7143
P/S = 8.6972
P/B = 2.2655
P/EG = 6.972
Beta = 0.865
Revenue TTM = 2.98b USD
EBIT TTM = 1.40b USD
EBITDA TTM = 2.28b USD
Long Term Debt = 8.00b USD (from longTermDebt, last quarter)
Short Term Debt = 664.6m USD (from shortTermDebt, last quarter)
Debt = 8.83b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.73b USD (from netDebt column, last quarter)
Enterprise Value = 35.00b USD (26.27b + Debt 8.83b - CCE 102.8m)
Interest Coverage Ratio = 5.85 (Ebit TTM 1.40b / Interest Expense TTM 239.4m)
FCF Yield = 3.96% (FCF TTM 1.39b / Enterprise Value 35.00b)
FCF Margin = 46.52% (FCF TTM 1.39b / Revenue TTM 2.98b)
Net Margin = 38.91% (Net Income TTM 1.16b / Revenue TTM 2.98b)
Gross Margin = 63.00% ((Revenue TTM 2.98b - Cost of Revenue TTM 1.10b) / Revenue TTM)
Gross Margin QoQ = 63.57% (prev 63.95%)
Tobins Q-Ratio = 1.60 (Enterprise Value 35.00b / Total Assets 21.84b)
Interest Expense / Debt = 0.73% (Interest Expense 64.8m / Debt 8.83b)
Taxrate = -0.20% (negative due to tax credits) (-531.0k / 269.3m)
NOPAT = 1.40b (EBIT 1.40b * (1 - -0.20%)) [negative tax rate / tax credits]
Current Ratio = 0.21 (Total Current Assets 295.4m / Total Current Liabilities 1.44b)
Debt / Equity = 0.74 (Debt 8.83b / totalStockholderEquity, last quarter 11.95b)
Debt / EBITDA = 3.83 (Net Debt 8.73b / EBITDA 2.28b)
Debt / FCF = 6.29 (Net Debt 8.73b / FCF TTM 1.39b)
Total Stockholder Equity = 11.92b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.31% (Net Income 1.16b / Total Assets 21.84b)
RoE = 9.73% (Net Income TTM 1.16b / Total Stockholder Equity 11.92b)
RoCE = 7.03% (EBIT 1.40b / Capital Employed (Equity 11.92b + L.T.Debt 8.00b))
RoIC = 6.92% (NOPAT 1.40b / Invested Capital 20.28b)
WACC = 7.07% (E(26.27b)/V(35.10b) * Re(9.20%) + D(8.83b)/V(35.10b) * Rd(0.73%) * (1-Tc(-0.00)))
Discount Rate = 9.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 0.71%
[DCF Debug] Terminal Value 75.69% ; FCFE base≈1.41b ; Y1≈1.56b ; Y5≈2.00b
Fair Price DCF = 198.1 (DCF Value 28.21b / Shares Outstanding 142.4m; 5y FCF grow 11.42% → 3.0% )
EPS Correlation: -30.55 | EPS CAGR: -62.22% | SUE: -3.68 | # QB: 0
Revenue Correlation: 99.64 | Revenue CAGR: 4.97% | SUE: 0.36 | # QB: 0

Additional Sources for AVB Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle