Latest news with #AvalonBayCommunities
Yahoo
22-05-2025
- Business
- Yahoo
AvalonBay Communities (NYSE:AVB) Declares US$1.75 Quarterly Dividend Per Share
AvalonBay Communities recently declared a cash dividend of $1.75 per share for the second quarter of 2025, set for payment on July 15. This announcement aligns with its historical focus on delivering consistent shareholder value. Despite a flat share price movement over the past week, this dividend revelation comes amid market fluctuations influenced by fiscal policy concerns, which saw major indexes either slightly rise or stabilize after previous sell-offs. Although these broader market dynamics dominated investor attention, AvalonBay's steady approach with dividend affirmations provided some stability amid the market's recent volatility. AvalonBay Communities has 3 risks (and 2 which are concerning) we think you should know about. The end of cancer? These 23 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's. The recent dividend declaration by AvalonBay Communities reflects its commitment to delivering shareholder value even as the broader market remains sensitive to fiscal policy shifts. Although AvalonBay's stock price remained flat recently, its total return, including dividends, was 50.84% over the past five years, indicating consistent long-term performance. This return context emphasizes a steady past, though current market conditions present ongoing challenges. Over the past year, AvalonBay underperformed the US Residential REITs industry, which saw a 5.6% increase, suggesting some relative weakness. Nonetheless, the company's overall direction aligns with its focus on maintaining high occupancy and stable revenue in suburban regions. The dividend announcement could positively impact revenue and earnings forecasts by reinforcing the firm's existing strategies to manage occupancy and growth efficiently in its diversified markets. In terms of share price and valuation, AvalonBay shares are trading at a 15.99% discount to analysts' consensus price target of US$233.1, suggesting potential room for appreciation if predicted revenue and earnings growth materialize. Despite analysts forecasting a decline in earnings over the next three years, AvalonBay's supportive dividend policy and operational strategies may help mitigate some revenue pressures. Investors are encouraged to independently evaluate these factors against personal expectations and market dynamics. Take a closer look at AvalonBay Communities' potential here in our financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:AVB. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
AvalonBay Communities, Inc. Declares Second Quarter 2025 Dividends
ARLINGTON, Va., May 21, 2025--(BUSINESS WIRE)--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 2025. The Common Stock dividend is $1.75 per share and is payable July 15, 2025, to all Common Stockholders of Record as of June 30, 2025. About AvalonBay Communities, Inc. AvalonBay Communities, Inc., a member of the S&P 500, is an equity REIT that develops, redevelops, acquires and manages apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. As of March 31, 2025, the Company owned or held a direct or indirect ownership interest in 309 apartment communities containing 94,865 apartment homes in 11 states and the District of Columbia, of which 19 communities were under development. More information may be found on the Company's website at Copyright © 2025 AvalonBay Communities, Inc. All Rights Reserved View source version on Contacts Matthew GroverSenior DirectorInvestor RelationsAvalonBay Communities, Inc.703-317-4524
Business Wire
21-05-2025
- Business
- Business Wire
AvalonBay Communities, Inc. Declares Second Quarter 2025 Dividends
ARLINGTON, Va.--(BUSINESS WIRE)-- 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 2025. The Common Stock dividend is $1.75 per share and is payable July 15, 2025, to all Common Stockholders of Record as of June 30, 2025. About AvalonBay Communities, Inc. AvalonBay Communities, Inc., a member of the S&P 500, is an equity REIT that develops, redevelops, acquires and manages apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. As of March 31, 2025, the Company owned or held a direct or indirect ownership interest in 309 apartment communities containing 94,865 apartment homes in 11 states and the District of Columbia, of which 19 communities were under development. More information may be found on the Company's website at
Yahoo
03-05-2025
- Business
- Yahoo
2 Under-the-Radar Dividend Stocks With Market-Beating Potential
AvalonBay Communities is aggressively moving into some of the fastest-growing U.S. markets. Realty Income has lots of growth potential and has been beaten down in the high-interest rate environment. Both stocks have market-beating potential over the long term. Although the stock market has rebounded significantly from its lows, there are still some excellent bargains to be found by patient long-term investors. That's especially true when it comes to dividend stocks, as the persistent high-interest rate environment and uncertainty surrounding the Federal Reserve's future policy moves have created a headwind for income-focused investments. Real estate investment trusts, or REITs, are an area of the market where there are some particularly interesting opportunities right now. Here are two real estate stocks that aren't exactly household names for many investors, but could be worth a closer look right now. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » AvalonBay Communities (NYSE: AVB) is one of the largest owners of multifamily real estate in the world, with 309 apartment properties containing nearly 95,000 apartment homes. The company has been around for a while (its IPO was in 1994). But the strategy has shifted a bit recently from the company's traditional focus on large and high-cost metropolitan areas to expansion into some of the fastest-growing real estate markets in the United States. Specifically, much of AvalonBay's newer investments are in the "expansion markets" of major cities in North Carolina, Southeast Florida, Texas, and Colorado. These markets all have positive net migration, as well as above-average job and wage growth, and housing is still relatively affordable. This is a new part of AvalonBay's business within the past few years, and has already been built up to 10% of the company's rental income. AvalonBay intends to increase this to 25% in the medium term. I'm particularly excited about this aggressive move into Sun Belt markets because of AvalonBay's fantastic track record of value creation. The company's primary investment strategy is to develop properties from the ground up, and there are currently 19 communities under construction, into which AvalonBay is investing $2.5 billion. The company also strategically acquires existing properties, including eight Texas communities it has already acquired in 2025. AvalonBay has a 3.4% dividend yield at the current stock price and has produced a total return (dividends plus stock appreciation) of 12.5% annualized since its 1994 IPO, handily beating the S&P 500 (SNPINDEX: ^GSPC). With a massive growth opportunity and proven track record, AvalonBay could be a great long-term real estate play in your portfolio. I recently wrote an article explaining that if I had to choose just one stock to buy right now, it would be Realty Income (NYSE: O). Not only is Realty Income down by about 25% from its highs, but the company is well-positioned to deliver steadily growing income and excellent total returns over the long run. The company owns about 15,600 properties, about three-fourths of which (by rental income) are freestanding retail. The other major property type is industrial, and there are also some gaming and agricultural holdings as well. There are two big reasons why Realty Income is a bulletproof business: First, its tenants are generally recession-resistant and/or resistant to e-commerce disruption. Most of the retail tenants sell things people need, are discount-focused, or provide a service (as opposed to selling physical goods). Second, the tenants sign long-term lease agreements with gradual rent increases built in. These are triple net leases, which means the tenants cover essentially all the variable costs of property ownership: taxes, insurance, and maintenance. Realty Income has lots of room to grow. It estimates that its addressable real estate market in the United States is $5.4 trillion in size, and it's even larger in Europe. Thanks to a long history of smart capital allocation, Realty Income has produced 13.4% annualized total returns since its IPO more than 30 years ago, and it currently has a 5.6% dividend yield, which it pays in monthly installments. Of course, there's no guarantee that either company will replicate their returns from the past 30 years, but these track records of value creation speak for themselves. If you're looking for an income stock that could potentially be in your portfolio for decades, AvalonBay and Realty Income are worth a closer look. Before you buy stock in AvalonBay Communities, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AvalonBay Communities wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $611,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $684,068!* Now, it's worth noting Stock Advisor's total average return is 889% — a market-crushing outperformance compared to 162% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 28, 2025 Matt Frankel has positions in Realty Income. The Motley Fool has positions in and recommends Realty Income. The Motley Fool recommends AvalonBay Communities. The Motley Fool has a disclosure policy. 2 Under-the-Radar Dividend Stocks With Market-Beating Potential was originally published by The Motley Fool
Yahoo
30-04-2025
- Business
- Yahoo
What to Expect From AvalonBay Communities in Q1 Earnings?
AvalonBay Communities, Inc. AVB, a leading real estate investment trust (REIT) specializing in the development, acquisition and management of multifamily properties, is set to announce its first-quarter 2025 results after the closing bell on April the last reported quarter, this residential REIT delivered a negative surprise of 1.06% in terms of core funds from operations (FFO) per share. The quarterly results reflected higher property management, other indirect operating expenses and interest expenses. However, a year-over-year increase in same-store residential revenues and same-store net operating income (NOI) supported the results to an the past four quarters, AvalonBay surpassed the Zacks Consensus Estimate on three occasions and missed on the other, the average beat being 1.13%. The graph below depicts the surprise history of the company: AvalonBay Communities, Inc. price-eps-surprise | AvalonBay Communities, Inc. Quote As we approach the release of AvalonBay's first-quarter 2025 earnings report, it is important to examine how this residential REIT is likely to have performed amid the current market conditions. The first quarter of 2025 brought a wave of strong apartment demand, offering a lift to occupancy and rent growth as the supply surge begins to wane. Per RealPage data, from January through March 2025, more than 138,000 market-rate apartment units were absorbed nationally. This marks the highest first-quarter demand on record in the RealPage data set covering more than three decades. Combined with the robust demand seen over the last three quarters of 2024, annual absorption reached nearly 708,000 units — essentially matching the absorption from the early 2022 demand in the year-ending first quarter of 2025 exceeded concurrent supply. Though nearly 577,000 units were delivered in the said period — just shy of last quarter's record high of about 589,000 units — annual supply volume is forecasted to decline in the coming months, indicating that the construction cycle may have rose modestly to 95.2% in March, the highest reading since October 2022. While still within long-term norms, the uptick provides confidence that the rental market is not materially oversupplied. Rent growth has also regained traction. Effective rents rose 0.75% in March and 1.1% in the year-ending March 2025 — the highest 12-month reading since June 2023. All of the nation's 50 largest apartment markets recorded rent increases on a monthly basis, signaling broad-based strength. The average effective rent was $1, the recovery is regionally uneven. The Midwest and Rust Belt regions led annual rent gains, with cities like Kansas City, MO, Chicago, IL, and Pittsburgh, PA, outperforming. In contrast, high-supply Sun Belt metros, such as Austin, TX, and Phoenix, AZ, continued to experience rent cuts. However, these markets saw monthly rent growth in March, suggesting momentum is returning ahead of the prime leasing season. AvalonBay's focus on developing, acquiring and redeveloping multifamily properties in high-growth areas has driven strong occupancy and premium rents over the years. By leveraging technology and scale, the company enhances margins and maintains financial stability. This is expected to have continued in the first elevated supply in some markets is likely to have kept a check on occupancy growth. Additionally, high interest rates are likely to have kept interest expenses high. While AvalonBay remains committed to long-term value creation, these factors may have affected its near-term growth furthered its portfolio optimization strategy by planning to acquire eight apartment communities across Texas. In February, AVB announced that it is under contract to acquire two apartment communities in the Austin metropolitan area and agreed to acquire six apartment communities in the Dallas-Fort Worth metropolitan area from BSR Real Estate Investment Trust and its subsidiaries. The move highlighted the company's strategic portfolio expansionary efforts in high-growth regions of Texas to boost its revenues and enhance portfolio Austin asset acquisition, worth $187 million, was anticipated to be completed around March 31, 2025, while the Dallas-Fort asset acquisition, worth $431.5 million, is expected to close in the second quarter of 2025. The eight apartment communities feature 2,701 homes with an average price per home of around $229,000 and a weighted average rent per home of $1,675 per month. In AvalonBay's first-quarter operating update, the company noted witnessing the same-store operating metrics in line with its expectations as provided in its initial 2025 outlook. Per the operating update, economic occupancy for its same-store residential portfolio was 95.9%, including actuals for January and projections for February as of Feb. 26. This was an improvement from 95.6% in the fourth quarter of 2024. The like-term effective rent change for the same-store residential portfolio was 1.6% from January through Feb. 26, up from 1.1% in the fourth quarter of project economic occupancy of 95.9% in the quarter, up 10 basis points sequentially, while same-store average rental rates are projected to increase 2.6% year over year. We expect same-store revenues to rise 3% year over year, while same-store net operating income (NOI) is projected to grow 3.3% year over year. Further, we expect interest expenses to increase 7.6% year over year in the first quarter. The Zacks Consensus Estimate of $746.93 million for first-quarter revenues suggests a 4.78% year-over-year jump. Before the first-quarter earnings release, the company's activities were inadequate to gain analysts' confidence. The Zacks Consensus Estimate for the quarterly core FFO per share has been revised a cent south to $2.80 over the past month. However, it suggests year-over-year growth of 3.7%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Our proven model does not conclusively predict a surprise in terms of FFO per share for AvalonBay this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an FFO beat, which is not the case here. AvalonBay currently carries a Zacks Rank of 4(Sell) and has an Earnings ESP of +0.21%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Here are two stocks from the broader REIT sector — Welltower Inc. WELL and Camden Property Trust CPT — that you may want to consider, as our model shows that these have the right combination of elements to report a surprise this scheduled to report quarterly numbers on April 28, has an Earnings ESP of +1.69% and carries a Zacks Rank of 2. You can see the complete list of today's Zacks #1 Rank stocks Property Trust is slated to report quarterly numbers on May 1. CPT has an Earnings ESP of +0.26% and carries a Zacks Rank of 3 at Anything related to earnings presented in this write-up represents funds from operations (FFO) — a widely used metric to gauge the performance of REITs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AvalonBay Communities, Inc. (AVB) : Free Stock Analysis Report Camden Property Trust (CPT) : Free Stock Analysis Report Welltower Inc. (WELL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
