AvalonBay Communities (NYSE:AVB – Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $2.71 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.
AvalonBay Communities Stock Up 0.9 %
Shares of AvalonBay Communities stock opened at $208.38 on Tuesday. The business has a 50-day moving average of $201.39 and a 200-day moving average of $189.61. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market capitalization of $29.63 billion, a PE ratio of 31.01, a P/E/G ratio of 3.01 and a beta of 0.96. AvalonBay Communities has a 1-year low of $160.45 and a 1-year high of $211.20.
AvalonBay Communities Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were paid a dividend of $1.70 per share. The ex-dividend date was Friday, June 28th. This represents a $6.80 annualized dividend and a dividend yield of 3.26%. AvalonBay Communities’s dividend payout ratio is presently 101.19%.
Wall Street Analyst Weigh In
View Our Latest Analysis on AVB
AvalonBay Communities Company Profile
As of December 31, 2023, the Company owned or held a direct or indirect ownership interest in 299 apartment communities containing 90,669 apartment homes in 12 states and the District of Columbia, of which 18 communities were under development. 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 regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado.
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