AvalonBay Communities, Inc. with ticker code (AVB) have now 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $209.00 and $175.00 and has a mean share price target at $195.21. (at the time of writing). Now with the previous closing price of $175.06 and the analysts are correct then there would likely be a percentage uptick in value of 11.5%. It’s also worth noting that there is a 50 day moving average of $180.38 and the 200 moving average now moves to $179.93. The company has a market cap of 24.14B. The stock price for the company is currently $169.99 USD
The potential market cap would be $26,919,857,957 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 25.91, revenue per share of $19.65 and a 2.63% 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.
