AvalonBay Communities Inc (AVB.N)
138.69USD
17 May 2013
$0.67 (+0.49%)
$138.02
$138.10
$139.00
$138.01
299,908
229,358
$151.11
$123.13
AVB.N
About
Overall
| Beta: | 1.22 |
| Market Cap (Mil.): | $17,943.71 |
| Shares Outstanding (Mil.): | 129.38 |
| Dividend: | 1.07 |
| Yield (%): | 3.09 |
Financials
| AVB.N | Industry | Sector | |
|---|---|---|---|
| P/E (TTM): | 64.66 | 30.70 | 16.98 |
| EPS (TTM): | 2.14 | -- | -- |
| ROI: | 1.78 | 2.76 | 1.39 |
| ROE: | 3.04 | 5.11 | 23.54 |
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
New Issue-AvalonBay sells $250 mln in notes
Dec 5 - AvalonBay Communities Inc on Wednesday sold $250 million of senior notes, said IFR, a Thomson Reuters service. Goldman Sachs was the sole bookrunning manager for the sale. BORROWER: AVALONBAY AMT $250 MLN COUPON 2.85 PCT MATURITY 03/15/2023 TYPE SR NTS ISS PRICE 99.22 FIRST PAY 03/15/2013 MOODY'S Baa1 YIELD 2.939 PCT SETTLEMENT 12/14/2012 S&P BBB-PLUS SPREAD 135 BPS PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALL
Lehman to sell apartment owner Archstone for $6.5 billion
NEW YORK - Lehman Brothers Holdings Inc agreed to sell property group Archstone to two real estate investment trusts for about $6.5 billion, taking advantage of a strong market for apartments and marking an end to a 2007 gamble that helped push the investment bank into bankruptcy.
UPDATE 3-Lehman to sell apartment owner Archstone for $6.5 bln
* Equity Residential, AvalonBay to split Archstone assets 60-40
UPDATE 1-Lehman to sell Archstone to Equity Residential, AvalonBay for $6.5 bln
* Equity Residential to buy 60 percent of Archstone's assets
Lehman to sell Archstone to Equity Residential, AvalonBay for $6.5 billion
NEW YORK - Lehman Brothers Holding Inc has agreed to sell apartment owner Archstone to rivals Equity Residential and AvlanonBay Communities Inc for $6.5 billion in cash and stock, Lehman said on Monday.
Lehman to sell Archstone to Equity Residential, AvalonBay for $6.5 bln
NEW YORK, Nov 26 - Lehman Brothers Holding Inc has agreed to sell apartment owner Archstone to rivals Equity Residential and AvlanonBay Communities Inc for $6.5 billion in cash and stock, Lehman said on Monday.
Competitors
| Price | Change | |
|---|---|---|
| Equity Residential (EQR.N) | $59.59 | -0.02 |
| Apartment Investment and Management Co. (AIV.N) | $33.08 | +0.14 |
| UDR, Inc. (UDR.N) | $26.48 | -0.03 |
| Camden Property Trust (CPT.N) | $74.72 | +0.06 |
| Essex Property Trust Inc (ESS.N) | $168.25 | +1.57 |
| Essex Property Trust Inc (ESSFP.PK) | -- | -- |
| Post Properties Inc (PPS.N) | $51.30 | +0.71 |
| Post Properties Inc (PPS_pa.N) | $66.48 | -0.52 |
| Post Properties Inc (PPS_pb.N) | -- | -- |
| Home Properties, Inc. (HME.N) | $66.52 | +0.22 |
Earnings vs. 
Estimates
Analyst Research Reports
| Report Title | Price |
|---|---|
|
Provider: Pechala's Reports
|
$15.00
|
|
Provider: Reuters Investment Profile
|
$20.00
|
|
Provider: Thomson Reuters Stock Report
|
$25.00
|
|
Provider: ValuEngine, Inc.
|
$127.00
|
|
Provider: Market Edge
|
$10.00
|
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