AvalonBay Communities, Inc. which can be found using ticker (AVB) have now 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 229 and 170 calculating the average target price we see $195.14. Given that the stocks previous close was at $189.27 and the analysts are correct then we can expect a percentage increase in value of 3.1%. Also worth taking note is the 50 day moving average now sits at $180.94 and the 200 day moving average is $174.20. The total market capitalization for the company now stands at 27.05B. The stock price for the company is currently is currently 190.5 USD
The potential market cap would be $27,889,762,430 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 25.92, revenue per share of 19.14 and a 2.62% return on assets.
AvalonBay Communities, Inc. is a real estate investment trust (REIT). The Company’s segments include Same Store, Other Stabilized and Development/Redevelopment. The Company develops, redevelops, acquires, owns and operates multifamily apartment communities in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in its expansion markets of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. The Company focuses on metropolitan areas in these regions. The Company owns or holds a direct or indirect ownership interest in approximately 275 operating apartment communities containing over 82,411 apartment homes in 12 states and the District of Columbia and 18 wholly owned apartment communities under development. The Company operates under four core brands, which include Avalon, AVA, eaves by Avalon, and Kanso.