AvalonBay Communities Inc (AVB)Real Estate | REIT - Residential | Arlington, United States |
USD
|
Hot Take ↕ | Aug. 22, 2026, 5:20 a.m. UTC
The core investment thesis here is compromised by a payout ratio nearing 97 percent while earnings contract sharply. Investors are chasing a 3.87 percent yield that is largely funded by capital rather than retained earnings, creating a fragile foundation for the dividend. While the proposed merger with Equity offers a potential catalyst, the company's balance sheet carries significant debt weight against a backdrop of shrinking profitability. Technically, the stock is trading below its fifty-day average, confirming the lack of immediate momentum. Options activity reflects this hesitation, with heavy put volume at lower strikes suggesting a floor is being sought, while call interest remains muted until the 195 level. Until the payout ratio becomes sustainable or earnings stabilize, the risk of a dividend cut outweighs the income appeal. |
| Attribute | Value |
|---|---|
| Sector | Real Estate |
| Ex Dividend Date | 2026-06-30 |
| Last Dividend Date | 2026-06-30 |
| Debt to Equity Ratio | 75.129 |
| Revenue per Share | 21.917 |
| Market Cap | 26,283,393,024 |
| Trailing P/E | 25.25 |
| Forward P/E | 36.58 |
| Beta | 0.77 |
| Profit Margins | 33.32% |
| Website | https://www.avaloncommunities.com |
As of Aug. 22, 2026, 5:20 a.m. UTC: Implied volatility remains compressed at the money, indicating low speculative pricing. Open interest is heavily skewed toward out-of-the-money calls at the 195 and 200 strikes, suggesting a bullish bias for a recovery, while put volume concentrates at the 170 strike for October expiration, reflecting a desire for downside protection. The flow suggests a range-bound expectation between 170 and 200.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.008827567 |
| Address1 | 4,040 Wilson Boulevard, Suite 1000 |
| All Time High | 92.74973 |
| All Time Low | 5.997135 |
| Ask | 0.0 |
| Ask Size | 10,000 |
| Audit Risk | 6 |
| Average Daily Volume10 Day | 7,136,864 |
| Average Volume | 3,440,670 |
| Average Volume10Days | 7,136,864 |
| Beta | 0.773 |
| Bid | 100.0 |
| Bid Size | 10,000 |
| Board Risk | 6 |
| Book Value | 84.852 |
| City | Arlington |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Currency | USD |
| Current Price | 184.06 |
| Current Ratio | 0.338 |
| Date Short Interest | 1,785,456,000 |
| Day High | 185.62 |
| Day Low | 182.8 |
| Debt To Equity | 75.129 |
| Dividend Rate | 7.12 |
| Dividend Yield | 0.0387 |
| Earnings Growth | -0.413 |
| Earnings Quarterly Growth | -0.42 |
| Ebitda | 1,857,816,064 |
| Ebitda Margins | 0.6025 |
| Enterprise To Ebitda | 19.136 |
| Enterprise To Revenue | 11.53 |
| Enterprise Value | 35,552,079,872 |
| Ex Dividend Date | 1,782,777,600 |
| Exchange | NYQ |
| Exchange Timezone Name | UTC |
| Fax | 703 329 9130 |
| Fifty Day Average | 67.11524 |
| Fifty Two Week High | 185.62 |
| Fifty Two Week Low | 57.320084 |
| Financial Currency | USD |
| First Trade Date Epoch Utc | 1,784,295,000 |
| Five Year Avg Dividend Yield | 3.37 |
| Float Shares | 133,807,765 |
| Forward Eps | 5.00776 |
| Forward P E | 36.584446 |
| Free Cashflow | 1,409,144,064 |
| Full Time Employees | 3,011 |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 184.06 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.62721 |
| Gross Profits | 1,934,025,984 |
| Held Percent Insiders | 0.004 |
| Held Percent Institutions | 0.95484 |
| Implied Shares Outstanding | 142,797,963 |
| Industry | REIT - Residential |
| Industry Disp | REIT - Residential |
| Industry Key | reit-residential |
| Ir Website | http://www.snl.com/irweblinkx/stockinfo.aspx?iid=103145 |
| Last Dividend Date | 1,782,777,600 |
| Last Dividend Value | 0.637308 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,786,924,800 |
| Last Split Factor | 2.793:1 |
| Long Business Summary | AvalonBay Communities, Inc., a member of S&P 500, is an equity REIT. The firm develops, redevelops, acquires and manages apartment communities in leading metropolitan areas in Boston, Massachusetts, the New York/New Jersey Metro area, the Mid-Atlantic, Seattle, Washington, 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 June 30, 2026, the Company owned or held a direct or indirect ownership interest in 322 apartment communities containing 99,072 apartment homes in 11 states and the District of Columbia, of which 27 communities were under development and one community was under redevelopment. AvalonBay Communities, Inc. was incorporated in 1978 in Maryland and is based in Arlington, Virginia. |
| Long Name | AvalonBay Communities Inc |
| Market Cap | 26,283,393,024 |
| Max Age | 86,400 |
| Message Board Id | finmb_329141 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 1,025,473,024 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 26,123,673,570 |
| Number Of Analyst Opinions | 17 |
| Open | 184.55 |
| Operating Cashflow | 1,660,461,952 |
| Operating Margins | 0.30628002 |
| Overall Risk | 5 |
| Payout Ratio | 0.96980006 |
| Peg Ratio | 7.17 |
| Phone | 703 329 6300 |
| Previous Close | 184.06 |
| Price Hint | 2 |
| Price To Book | 2.1691887 |
| Price To Sales Trailing12 Months | 8.52383 |
| Profit Margins | 0.33321998 |
| Quick Ratio | 0.034 |
| Quote Type | EQUITY |
| Recommendation Key | hold |
| Recommendation Mean | 2.52632 |
| Regular Market Day High | 185.62 |
| Regular Market Day Low | 182.8 |
| Regular Market Open | 184.55 |
| Regular Market Previous Close | 184.06 |
| Regular Market Volume | 2,468,994 |
| Return On Assets | 0.02628 |
| Return On Equity | 0.08487 |
| Revenue Growth | 0.023 |
| Revenue Per Share | 21.917 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Real Estate |
| Sector Disp | Real Estate |
| Sector Key | real-estate |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 142,797,963 |
| Shares Percent Shares Out | 0.026300002 |
| Shares Short | 3,752,768 |
| Shares Short Previous Month Date | 1,782,777,600 |
| Shares Short Prior Month | 2,998,509 |
| Short Name | AvalonBay Communities, Inc. |
| Short Percent Of Float | 0.0363 |
| Short Ratio | 4.56 |
| State | VA |
| Symbol | AVB |
| Target High Price | 225.0 |
| Target Low Price | 189.0 |
| Target Mean Price | 201.70589 |
| Target Median Price | 201.0 |
| Time Zone Full Name | America/New_York |
| Time Zone Short Name | EDT |
| Total Cash | 90,121,000 |
| Total Cash Per Share | 0.632 |
| Total Debt | 9,187,223,552 |
| Total Revenue | 3,083,518,976 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 7.06 |
| Trailing Annual Dividend Yield | 0.038357057 |
| Trailing Eps | 7.29 |
| Trailing P E | 25.248285 |
| Trailing Peg Ratio | None |
| Two Hundred Day Average | 64.52918 |
| Underlying Symbol | AVB |
| Uuid | bce3759a-7c70-390c-8510-d287ae091718 |
| Volume | 2,468,994 |
| Website | https://www.avaloncommunities.com |
| Zip | 22,203-2120 |