AvalonBay Communities, Inc. (AVB)
AvalonBay Communities, Inc. operates in the REIT - Residential industry of the Real Estate sector, headquartered in Arlington, VA, US. The stock last traded at $179.79, down 1.08% on the session, giving a market capitalisation of $25.67B. On trailing twelve-month figures it carries a trailing P/E of 24.66, a net margin of 33.4%. Its beta of 0.77 implies it has historically moved less than the broad market.
At the close of 2020, AvalonBay Communities held a direct or indirect ownership stake in a substantial portfolio encompassing 291 apartment communities. These properties collectively contained 86,025 residential units across 11 states and the District of Columbia. Among these, 18 communities were actively under development, and one was undergoing redevelopment. As an equity REIT, AvalonBay's primary activities involve the development, redevelopment, acquisition, and management of apartment communities. The company strategically targets prominent metropolitan areas such as New England, the New York/New Jersey metro region, the Mid-Atlantic states, the Pacific Northwest, and both Northern and Southern California. Furthermore, AvalonBay is expanding its presence into key growth markets, specifically Southeast Florida and Denver, Colorado.
AvalonBay Communities, Inc. is most often compared with the following Real Estate names: