Avalonbay Communities Inc (NYSE: AVB) is -7.54% lower on its value in year-to-date trading and has touched a low of $177.85 and a high of $239.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AVB stock was last observed hovering at around $200.06 in the last trading session, with the day’s gains setting it 3.32%.
Currently trading at $203.38, the stock is -0.49% and -4.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 1.66% at the moment leaves the stock -6.83% off its SMA200. AVB registered 13.91% gain for a year compared to 6-month loss of -8.99%. The firm has a 50-day simple moving average (SMA 50) of $212.5372 and a 200-day simple moving average (SMA200) of $218.4478.
The stock witnessed a -3.54% gain in the last 1 month and extending the period to 3 months gives it a -6.66%, and is 5.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.52% over the week and 3.57% over the month.
Avalonbay Communities Inc (AVB) has around 2988 employees, a market worth around $28.95B and $2.96B in sales. Current P/E ratio is 26.80 and Fwd P/E is 34.84. Profit margin for the company is 36.47%. Distance from 52-week low is 14.35% and -14.94% from its 52-week high. The company has generated returns on investments over the last 12 months (5.58%).
with sales reaching $744.67M over the same period.The EPS is expected to shrink by -21.47% this year, but quarterly earnings will post 4.50% year-over-year. Quarterly sales are estimated to grow 4.73% in year-over-year returns.
Avalonbay Communities Inc (AVB) Top Institutional Holders
1169.0 institutions hold shares in Avalonbay Communities Inc (AVB), with institutional investors hold 97.89% of the company’s shares. The shares outstanding are 142.25M, and float is at 141.82M with Short Float at 1.99%. Institutions hold 97.55% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 22.56 million shares valued at $4.67 billion. The investor’s holdings represent 15.9011% of the AVB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.49 million shares valued at $3.41 billion to account for 11.6143 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.05 million shares representing 6.3717% and valued at over $1.89 billion, while NORGES BANK holds 4.8042 of the shares totaling 6.82 million with a market value of $1.41 billion.
Avalonbay Communities Inc (AVB) Insider Activity
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Avalonbay Communities Inc disclosed in a document filed with the SEC on Nov 13 ’24 that NAUGHTON TIMOTHY J (Director) sold a total of 23,697 shares of the company’s common stock. The trade occurred on Nov 13 ’24 and was made at $233.47 per share for $5.53 million. Following the transaction, the insider now directly holds 87239.0 shares of the AVB stock.
Still, SEC filings show that on Nov 11 ’24, NAUGHTON TIMOTHY J (Director) disposed off 2,261 shares at an average price of $233.78 for $0.53 million. The insider now directly holds 111,436 shares of Avalonbay Communities Inc (AVB).
