AvalonBay Communities Inc (AVB)
17 Jun 2013
|Market Cap (Mil.):||$17,413.25|
|Shares Outstanding (Mil.):||129.38|
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.
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.
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.
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
|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
Provider: Thomson Reuters Stock Report
Provider: Market Edge
Provider: S&P Capital IQ – STARS Reports
Provider: Pechala's Reports
AvalonBay Communities Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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