Here Are the Facts You Need to Understand AVB

Shares of Real Estate sector company AvalonBay Communities moved 1.1% today, and are now trading at a price of $172.0. The large-cap stock's daily volume was 189,260 compared to its average volume of 815,446. The S&P 500 index returned a -0.6% performance.

As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas 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 the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the "Expansion Markets"). The company is based in Arlington and has 2,839 full time employees. Its market capitalization is $24,062,408,704. AvalonBay Communities currently offers its equity investors a dividend that yields 3.7% per year.

22 analysts are following AvalonBay Communities and have set target prices ranging from $160 to $282 per share. On average, they have given the company a rating of hold. At today's prices, AVB is trading -14.96% away from its average analyst target price of $202.27 per share.

Over the last year, AVB shares have gone down by -29.4%, which represents a difference of -15.9% when compared to the S&P 500. The stock's 52 week high is $259.05 per share and its 52 week low is $158.35. Although AvalonBay Communities's average free cash flow over the last four years has been $1,249,514,250.0, they have been decreasing at an average rate of -2.7%. For this reason, investors may continue to shun the stock.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.