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AvalonBay Communities Inc (AVB)

AVB on New York Consolidated

181.59USD
28 Sep 2016
Change (% chg)

$1.18 (+0.65%)
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$181.76
Open
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$182.20
Day's Low
$179.42
Volume
519,314
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793,241
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$192.29
52-wk Low
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Latest Key Developments (Source: Significant Developments)

AvalonBay Communities Inc. acquires development site on upper west side of Manhattan
Monday, 2 Feb 2015 09:00am EST 

AvalonBay Communities Inc:On Jan. 30, it acquired a 22,500 square foot site located at 1865 Broadway (northwest corner of West 61(st)Street) in Manhattan for $300 mln from American Bible Society.American Bible Society will remain in occupancy pursuant to lease until the 3(rd)quarter of 2015.Company intends to develop on the site a residential tower totaling over 300,000 square feet of buildable area including a significant retail component at its base.Company may in the future enter into joint venture or forward sale arrangement with respect to the retail component of the project. 1865 Broadway is within two blocks of Columbus Circle, Lincoln Center and Central Park and is located in one of Manhattan's most desirable and iconic neighborhoods.The property was included within the development rights table listed on the attachments to the Company's most recent earnings release.  Full Article

AvalonBay Communities Inc gives FY 2015 FFO outlook in line with analysts' estimates
Wednesday, 28 Jan 2015 04:21pm EST 

AvalonBay Communities Inc:Expects FY 2015 EPS to be within a range of $4.65 to $4.95.Expects FY 2015 FFO per share to be in the range of $7.25 to $7.55.Expects FY 2015 Core FFO per share to be in the range of $7.20 to $7.50.FY 2015 FFO of $7.37 - Thomson Reuters I/B/E/S.  Full Article

AvalonBay Communities declares dividend for first quarter
Wednesday, 28 Jan 2015 04:19pm EST 

AvalonBay Communities Inc:Declares a dividend for the first quarter of 2015 of $1.25 per share.Declared dividend is a 7.8 pct increase over the Company's prior quarterly dividend.Payable on April 15 to common stockholders of record as of March 31.  Full Article

AvalonBay Communities Inc declares fourth quarter 2014 dividends
Wednesday, 19 Nov 2014 04:01pm EST 

AvalonBay Communities Inc:Declares a cash dividend on the company's Common Stock (par value $0.01 per share) for the fourth quarter of 2014.Says the common stock dividend is $1.16 per share and is payable Jan. 15, 2015 to all Common Stockholders of Record as of Dec. 31, 2014.  Full Article

AvalonBay Communities Inc prices $300 mln unsecured notes offering
Wednesday, 12 Nov 2014 04:42pm EST 

AvalonBay Communities Inc:Says it priced a $300 mln offering of unsecured notes with a maturity of Nov. 15, 2024 under its existing shelf registration statement.Says interest on the notes will be paid semi-annually on May 15 and Nov. 15, with the first payment to be made on May 15, 2015.Settlement is scheduled for Nov. 21.Says it expects to use the net proceeds of about $295 million from the sale of the Notes for working capital, capital expenditures and other general corporate purposes.Morgan Stanley & Co. LLC and UBS Securities LLC are acting as lead representatives of the agents for the Notes offering.  Full Article

AvalonBay Communities Inc gives Q4 2014 EPS and FFO guidance; gives FY 2014 EPS and FFO guidance above analysts' estimates
Monday, 27 Oct 2014 04:04pm EDT 

AvalonBay Communities Inc:Expects Q4 2014 EPS in the range of $1.05 to $1.11.Expects Q4 2014 Projected FFO per share in the range of $1.74 to $1.80.Expects FY 2014 EPS in the range of $5.19 to $5.25.Expects FY 2014 projected FFO per share in the range of $7.23 to $7.29.Says EPS and Projected FFO per share for the Q4 and FY 2014 are expected to be impacted by non-routine items.Q4 2014 EPS of $1.06 - Thomson Reuters I/B/E/S.Q4 2014 FFO of $1.76 - Thomson Reuters I/B/E/S.FY 2014 EPS of $4.30- Thomson Reuters I/B/E/S.FY 2014 FFO of $7.10- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Avalonbay Communities appoints Susan Swanezy as director

* Avalonbay Communities, Inc. Announces appointment of Susan Swanezy as director Source text for Eikon: Further company coverage: