Date | Price Target | Rating | Analyst |
---|---|---|---|
9/11/2024 | $250.00 | Outperform | Exane BNP Paribas |
5/13/2024 | $202.00 | Outperform → In-line | Evercore ISI |
2/26/2024 | $175.00 → $191.50 | Equal-Weight → Overweight | Morgan Stanley |
2/22/2024 | $191.00 | Neutral | Goldman |
2/20/2024 | $194.00 → $204.00 | Equal Weight → Overweight | Barclays |
1/30/2024 | $206.00 | Buy | Deutsche Bank |
1/16/2024 | $202.00 → $203.00 | Buy → Hold | Truist |
1/5/2024 | Overweight → Sector Weight | KeyBanc Capital Markets |
4 - AVALONBAY COMMUNITIES INC (0000915912) (Issuer)
4 - AVALONBAY COMMUNITIES INC (0000915912) (Issuer)
4 - AVALONBAY COMMUNITIES INC (0000915912) (Issuer)
AVALONBAY COMMUNITIES, INC. (NYSE:AVB) (the "Company") announced today that Pamela R. Thomas will join AvalonBay as Executive Vice President, Portfolio and Asset Management. In this newly created position, Ms. Thomas will lead the Company's portfolio and asset management organization; determine and gain alignment within the organization on key priorities for driving portfolio performance; and set capital plans across the portfolio to achieve performance objectives. "As we continue to optimize our portfolio to deliver superior growth, this is the right time to expand our executive team to provide focused leadership on portfolio and asset management and an additional voice on strategic plan
AvalonBay Communities, Inc. (the "Company") (NYSE:AVB) announced today the naming of Alaine Walsh as Executive Vice President – Human Capital and Administration and the retirement and associated succession plans for two long-tenured finance officers. The Company announced that Alaine Walsh, currently the Company's Senior Vice President – Operations and Investment Services, has been promoted to Executive Vice President – Human Capital and Administration. Ms. Walsh joined AvalonBay in 1998 in the finance group and has served in a variety of financial, administrative, and operational leadership positions. Ms. Walsh will continue to report directly to Benjamin Schall, President and CEO, and w
Appointment of Charles "Chaz" E. Mueller, Jr. and Retirement of Alan B. Buckelew AVALONBAY COMMUNITIES, INC. (NYSE:AVB) (the "Company") announced today that Chaz Mueller has been appointed to the Board of Directors effective November 1, 2022. Mr. Mueller will serve as an independent director of the Company. Mr. Mueller has experience with some of the most successful companies engaged in the development, acquisition, operation, and financing of residential rental real estate. His leadership experience includes serving as Chief Executive Officer of Progress Residential, President of Irvine Apartment Communities, and President, Chief Operating Officer, and Chief Financial Officer of Archston
AvalonBay Communities's (NYSE:AVB) short percent of float has fallen 13.79% since its last report. The company recently reported that it has 1.54 million shares sold short, which is 1.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.98 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short i
UBS analyst Brent Dilts maintains AvalonBay Communities (NYSE:AVB) with a Neutral and raises the price target from $210 to $228.
Foreign investment in U.S. homes has dropped to its lowest in 15 years, as per a fresh report by the National Association of Realtors. Low supply and high prices have scared many foreign investors away from U.S. real estate, marking the seventh consecutive yearly drop in sales for this cohort. The U.S. Home Market Slump: Unusually high inflation has pushed mortgage rates up, forcing many homeowners to stay in their current homes, bringing the supply of houses down significantly. In this context, people who might have been looking for a new home are incentivized to stick to their low mortgage rates instead of selling their home in exchange for a more expensive mortgage. The fall h
SC 13G/A - AVALONBAY COMMUNITIES INC (0000915912) (Subject)
SC 13G/A - AVALONBAY COMMUNITIES INC (0000915912) (Subject)
SC 13G/A - AVALONBAY COMMUNITIES INC (0000915912) (Subject)
Exane BNP Paribas initiated coverage of AvalonBay with a rating of Outperform and set a new price target of $250.00
Evercore ISI downgraded AvalonBay from Outperform to In-line and set a new price target of $202.00
Morgan Stanley upgraded AvalonBay from Equal-Weight to Overweight and set a new price target of $191.50 from $175.00 previously
8-K - AVALONBAY COMMUNITIES INC (0000915912) (Filer)
424B5 - AVALONBAY COMMUNITIES INC (0000915912) (Filer)
424B5 - AVALONBAY COMMUNITIES INC (0000915912) (Filer)
AVALONBAY COMMUNITIES, INC. (NYSE:AVB) (the "Company") announced today that Benjamin W. Schall, the Company's CEO and President, and select members of the Company's management team will be participating in a roundtable discussion at Bank of America's Global Real Estate Conference on Tuesday, September 10, 2024, at 10:20 A.M. Eastern Time. During this event, management may discuss the Company's current operating environment and trends; development, redevelopment, disposition and acquisition activity; portfolio strategy and other business and financial matters affecting the Company. The roundtable discussion will be webcast live and can be accessed at investors.avalonbay.com. Following the
AVALONBAY COMMUNITIES, INC. (NYSE:AVB) (the "Company") announced today that it has priced an underwritten public offering of 3,200,000 shares of common stock, all of which are being offered in connection with the forward sale agreements described below, for expected gross proceeds of approximately $710.4 million. Goldman Sachs & Co. LLC, BofA Securities, Deutsche Bank Securities Inc. and Morgan Stanley are acting as joint book-running managers for the offering. The Company has entered into forward sale agreements with Goldman Sachs & Co. LLC, Bank of America, N.A., Deutsche Bank AG, London Branch and Morgan Stanley & Co. LLC or their affiliates (the "forward purchasers") with respect to
AVALONBAY COMMUNITIES, INC. (NYSE:AVB) (the "Company") announced today that it is commencing an underwritten public offering of 3,200,000 shares of common stock in connection with the forward sale agreements described below. Goldman Sachs & Co. LLC, BofA Securities, Deutsche Bank Securities Inc. and Morgan Stanley are acting as joint book-running managers for the offering. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 480,000 shares of common stock. The Company expects to enter into forward sale agreements with Goldman Sachs & Co. LLC, Bank of America, N.A., Deutsche Bank Securities Inc. and Morgan Stanley &
AVALONBAY COMMUNITIES, INC. (NYSE:AVB) (the "Company") will release its second quarter 2024 earnings on July 31, 2024 after the market close. The Company will hold a conference call on August 1, 2024 at 1:00 PM Eastern Time (ET) to discuss its second quarter 2024 results. Live Conference Call Details Domestic: (877) 407-9716 International: (201) 493-6779 Webcast: https://investors.avalonbay.com Details for the Replay of the Conference Call Domestic: (844) 512-2921 International: (412) 317-6671 Replay Passcode: 13740498 Dates Available: Thursday, August 1, 2024 at 6:00 PM ET through Sunday, September 1, 2024
AvalonBay Communities, Inc. (NYSE:AVB) (the "Company") announced today that its Board of Directors declared a cash dividend on the Company's Common Stock (par value $0.01 per share) for the second quarter of 2024. The Common Stock dividend is $1.70 per share and is payable July 15, 2024, to all Common Stockholders of Record as of June 28, 2024. About AvalonBay Communities, Inc. As of March 31, 2024, the Company owned or held a direct or indirect ownership interest in 299 apartment communities containing 90,673 apartment homes in 12 states and the District of Columbia, of which 17 communities were under development. The Company is an equity REIT in the business of developing, redevelopin
AvalonBay Communities, Inc. (NYSE:AVB) (the "Company") reported Earnings per Share – diluted ("EPS"), Funds from Operations attributable to common stockholders - diluted ("FFO") per share and Core FFO per share (as defined in this release) for the three months ended March 31, 2024 and 2023 as detailed below. Q1 2024 Q1 2023 % Change EPS $ 1.22 $ 1.05 16.2 % FFO per share (1) $ 2.73 $ 2.54 7.5 % Core FFO per share (1) $ 2.70 $ 2.57 5.1 %