AvalonBay Communities Inc (AVB)
134.26USD
17 Jun 2013
$-0.33 (-0.25%)
$134.59
$135.31
$136.03
$133.49
855,305
876,940
$151.23
$123.04
AVB
About
Overall
| Beta: | 1.21 |
| Market Cap (Mil.): | $17,413.25 |
| Shares Outstanding (Mil.): | 129.38 |
| Dividend: | 1.07 |
| Yield (%): | 3.18 |
Financials
| AVB | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 62.75 | 27.17 | 15.76 |
| EPS (TTM): | 2.14 | -- | -- |
| ROI: | 1.78 | 2.75 | 1.62 |
| ROE: | 3.04 | 5.10 | 23.41 |
Landlord AvalonBay posts higher-than-expected FFO
NEW YORK - Apartment landlord AvalonBay Communities Inc reported a 23.7 percent decrease in a key earnings performance measure in the first quarter, mostly related to its acquisition of 40 percent of former rival Archstone from Lehman Brothers.
UPDATE 1-Landlord AvalonBay posts higher-than-expected FFO
NEW YORK, April 30 - Apartment landlord AvalonBay Communities Inc reported a 23.7 percent decrease in a key earnings performance measure in the first quarter, mostly related to its acquisition of 40 percent of former rival Archstone from Lehman Brothers.
AvalonBay's 2013 forecast hit by Archstone acquisition
Jan 30 - Apartment landlord AvalonBay Communities Inc reported a 15 percent rise in a key earnings performance measure in the fourth quarter but warned that costs from the acquisition of some Archstone buildings would hurt its 2013 results.
TEXT-S&P summary: AvalonBay Communities Inc.
We viewed the company's recently announced agreement to acquire 40% of Archstone Enterprises L.P. from Lehman Brothers Holdings for roughly $6.9 billion (excluding transaction costs) as a strategic positive for AVB with limited integration risk. After the transaction closes (scheduled for the first quarter of 2013), we believe AVB's expanded platform should also provide a greater cushion for the company's historically sizeable development pipeline. We further expect AVB to continue pursuin
Competitors
| Price | Change | |
|---|---|---|
| Equity Residential (EQR.N) | $56.41 | +0.07 |
| Apartment Investment and Management Co. (AIV.N) | $28.81 | -0.12 |
| UDR, Inc. (UDR.N) | $24.23 | -0.04 |
| Camden Property Trust (CPT.N) | $65.89 | -0.36 |
| Home Properties, Inc. (HME.N) | $61.86 | -0.04 |
| Home Properties, Inc. (HME_pf.N) | -- | -- |
| Essex Property Trust Inc (ESS.N) | $155.44 | -1.26 |
| Essex Property Trust Inc (ESSFP.PK) | -- | -- |
| Post Properties Inc (PPS.N) | $47.45 | -0.59 |
| Post Properties Inc (PPS_pa.N) | $65.13 | +0.07 |
Earnings vs. 
Estimates
Analyst Research Reports
| Report Title | Price |
|---|---|
|
Provider: Thomson Reuters Stock Report
|
$25.00
|
|
Provider: Market Edge
|
$10.00
|
|
Provider: S&P Capital IQ – STARS Reports
|
$115.00
|
|
Provider: Pechala's Reports
|
$15.00
|
|
Provider: Reuters Investment Profile
|
$20.00
|
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