AvalonBay Communities (AVB)
Real Estate · Residential REITs · NYSE
A leading residential REIT focused on the development and operation of high-quality apartment communities in major high-growth US metropolitan areas.
What AvalonBay Communities does
AvalonBay Communities is a real estate investment trust (REIT) that develops, redevelops, acquires, owns, and operates multi-family apartment communities. Its portfolio primarily focuses on high-barrier-to-entry, high-growth markets in the United States, including the New England, New York/New Jersey, Mid-Atlantic, Pacific Northwest, and Northern/Southern California regions. The company also engages in the management of residential properties and provides development and other related services.
Themes: multi-family real estate, urban housing, residential REITs, property development
Fundamentals
- Price$65.90 as of 2026-08-21 close
- Market cap$9.4B as of 2026-08-21
- 1-year return-65.4% 2025-08-21 close $190.43 → 2026-08-21 close $65.90
- P/E25.65 as of 2026-08-24
- Net margin+33.3% as of 2026-08-24
- Gross margin+62.7% as of 2026-08-24
- ROE+8.7% as of 2026-08-24
- Debt / equity0.75 as of 2026-08-24
- Revenue growth (YoY)+3.4% as of 2026-08-24
- Revenue CAGR (3y)+5.4% SEC XBRL
- Beta0.78 as of 2026-08-24
- Last reported earnings2026-07-23 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +3.9%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How AVB compares in its sector
- price-to-earnings ratiomiddle range 127 covered Real Estate peers, as of 2026-08-24
- net profit margintop 25% 161 covered Real Estate peers, as of 2026-08-24
- operating marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
- gross marginmiddle range 156 covered Real Estate peers, as of 2026-08-24
- return on equitymiddle range 162 covered Real Estate peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 155 covered Real Estate peers
- indicated dividend yieldmiddle range 138 covered Real Estate peers, as of 2026-08-24
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
AVB is not currently in any published Top 10 list. Its scores are below.
Long-term score
48.8 #547 of 987 scored · #55 of 84 in Real Estate
Valuation 98th (price to earnings 9.1, price to book 0.8) and capital return 71st (consecutive years of dividend increases 5 years); weakest is long-term trend (15th, it is 66.8% below its highest point of the past year).
Short-term score
22.2 #1691 of 1,704 scored · #93 of 94 in Real Estate
Catalysts 47th: open-market insider buys in 90 days 16, the analyst consensus rating is unchanged since the prior reading; momentum 27th: near the bottom of its 14-day range (oversold); weakest is volume and participation 1st: trading volume is unusually light — only about 0% of its 30-day average.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
Dividend coverage (FY2025)
Covered by reported results. In FY2025, AVB's dividend was covered by reported results (operating-cash-flow payout 59%). This describes past coverage, not a forecast.
- Earnings payoutnot assessable earnings not reported
- Operating-cash-flow payout59% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How AvalonBay Communities looks technically
AvalonBay Communities (AVB) is trading 63.2% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed above its 200-day average about 45 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend), though sellers have been pushing harder than buyers lately — pressure, not a trend. Momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 7, in oversold territory (below 30). It just made a new 20-day low, breaking below its recent trading range. It is trading right at its lowest price of the past year (its 52-week low). Trading volume is unusually light — only about 0% of its 30-day average.
Trend
7
| Distance from the 200-day | it is trading 63.2% below its 200-day average, the long-term trend line — a long-term downtrend | -63.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $185.36 | $185.36 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $179.32 | $179.32 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing low 9 calendar days ago — the swings before that are what the structure reading is measured on | 9 sessions |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 45 trading days ago — a "golden cross", a bullish long-term signal | 45 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend), though sellers have been pushing harder than buyers lately — pressure, not a trend | 17.7 |
Momentum
3
| 14-day RSI | momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 7, in oversold territory (below 30) | 7.1 |
|---|---|---|
| Position in its 14-day range | it is trading right at the bottom of its 14-day range ($65.90 to $191.66) — its "stochastic" reading is 0 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 0.0 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 24 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $198.63 | $198.63 |
|---|---|---|
| From the 52-week high | it is 66.8% below its 52-week high (its highest price of the past year) | -66.8% |
| Above the 52-week low | it is trading right at its lowest price of the past year (its 52-week low) | 0.0% |
| Below the 52-week high | it is 66.8% below its highest point of the past year | 66.8% |
| Since a 20-day breakout | it just made a new 20-day low, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it just made a new 55-day low, breaking below its recent trading range | 1 session |
| All-time high | its highest closing price on record is $259.05 (set on 2022-03-29) | $259.05 |
| Given back of the 52-week move | over the past year its closes ranged ($65.90 to $196.83), and it has recovered essentially none of its fall from last year’s high — 0% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $146.81 to $151.00. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 0.0% |
| From the all-time high | it is 74.6% below its all-time high | -74.6% |
| Nearest price level | it is trading 154.6% below a resistance level at $167.78 — a price it turned at twice since 2025-10-30, most recently on 2026-02-05. Since 2024-08-21 it has 0 such levels below the current price and 12 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +154.6% |
| All-time low | its lowest closing price on record is $38.34 (set on 2009-03-06) | $38.34 |
| Above the all-time low | it is 71.9% above its all-time low | +71.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 99% of the past ~6 months) | 99th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $11.16 between its high and its low — about 16.9% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $11.16 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $127.46 and $233.20 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $127.46 – $180.33 – $233.20 |
| Typical daily range (% of price) | its price moves about 16.9% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 16.9% |
| Stretch from the 200-day average | it is trading 10.2 daily ranges below its 200-day average price (63.3% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 10.2 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 0% of its 30-day average | 0.00× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 0.0% since the prior reading | -0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 64.2% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | -64.2% |
|---|---|---|
| Open gap | it gapped 64.2% below the previous close today and has not traded back through the level it left behind at 184.06 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -64.2% |
| Gap filled | a 2.1% gap down opened on 2026-06-30 has been "filled" 35 sessions ago — price traded back through the level the gap left behind, and it took 1 session to close | 35 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 67.8 percentage points (the stock lost 65.4% while the market gained 2.3%) | -67.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 67.3 percentage points (the stock lost 64.2% while the market gained 3.1%) | -67.3% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 73.9 percentage points (the stock lost 62.9% while the market gained 11.1%) | -73.9% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 85.9 percentage points (the stock lost 65.4% while the market gained 20.5%) | -85.9% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, its RSI momentum gauge is oversold (a beaten-down reading), near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 65% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-15 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 4.8% of the share price. | -64.8% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 63% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $179.65 — a volume-weighted average of daily closes over 154 sessions, not a true tick-by-tick VWAP. | -63.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 64% below the average price paid since it last reported on 2026-07-23 (its 8-K), so the typical buyer over that stretch is under water. That average is $185.27 — a volume-weighted average of daily closes over 18 sessions, not a true tick-by-tick VWAP. | -64.4% |
Price levels it has turned at before
AVB last closed at $65.90 on 2026-08-21. Since 2024-08-21 it has turned at 0 prices below its last close and 12 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $167.78 | Resistance | 154.6% above the last close | turned there twice · 2025-10-30 to 2026-02-05 |
| $174.96 | Resistance | 165.5% above the last close | turned there six times · 2025-11-18 to 2026-06-22 |
| $180.84 | Resistance | 174.4% above the last close | turned there 7 times · 2025-04-09 to 2026-08-12 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Oversold (14-day RSI below 30) · Near the 52-week low · Pulled back from the 12-month high · Broke down to a new 20-day low · trendless / choppy (low ADX) | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (2.55 mean, 1=Strong Buy…5=Strong Sell) — 18 analysts
- Mean price target$201.28 range $189.00 – $221.00; median $201.00
Analyst estimates, as of 2026-08-17. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for AVB
- Consensus EPS estimate$1.18 next reporting period, as of 2026-08-17
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Significant concentration in specific US geographic markets, making the company vulnerable to local economic downturns or regulatory changes.","Exposure to interest rate fluctuations affecting both the cost of debt and the valuation of real estate assets.","Risks inherent in real estate development, including delays, cost overruns, and zoning/permitting challenges."]
What changed in the latest 10-Q
AI-assisted comparison of AVB's 10-Q filed 2026-05-07 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Reference to 'Boston, Massachusetts' and 'Seattle, Washington' as specific named markets in newer filing (2026-05-07)
- Simplified market description in newer filing removing phrases about 'growing employment in high wage sectors', 'higher cost of home ownership', and 'diverse and vibrant quality of life'
- First Quarter 2026 Operating Highlights section with net income of $325,730,000 and Same Store NOI of $479,937,000 (newer filing)
- First Quarter 2026 Development Highlights section showing 25 communities under construction with 8,673 homes and $3,390,000,000 projected cost (newer filing)
- First Quarter 2026 Real Estate Transactions showing sale of 3 communities for $340,750,000 with $179,688,000 gain (newer filing)
- Removed:
- Reference to 'New England' and 'Pacific Northwest' as named markets (replaced with 'Boston, Massachusetts' and 'Seattle, Washington' in newer filing)
- Descriptive language about market characteristics: 'generally characterized by growing employment in high wage sectors of the economy, higher cost of home ownership and a diverse and vibrant quality of life' and 'that do not have these characteristics' (removed in newer filing)
- Third Quarter 2025 Operating Highlights section (removed in newer filing)
- Third Quarter 2025 Development Highlights section (removed in newer filing)
- Third Quarter 2025 Real Estate Transactions Highlights section detailing acquisitions and sales (removed in newer filing)
- October 2025 acquisition of Avalon Townhome Collection Brier Creek (removed in newer filing)
- Reworded:
- Form 10-K reference year changed from 'December 31, 2024' (older) to 'December 31, 2025' (newer)
- 'Current operating apartment communities' changed to 'current apartment operating communities' (newer filing)
- Same Store definition: time period references changed from 'nine month periods ended September 30, 2025 and 2024' to 'three month periods ended March 31, 2026 and 2025' and stabilized occupancy date changed from 'January 1, 2024' to 'January 1, 2025'
- Other Stabilized definition: stabilized occupancy date reference changed from 'January 1, 2025' to 'January 1, 2026' and acquisition date reference changed from 'January 1, 2024' to 'January 1, 2025'
- Notes:
- Older filing text appears truncated at the end of Communities Overview section; comparison is based on available text
- Changes reflect standard quarterly reporting updates with different reporting periods (Q3 2025 in older filing vs. Q1 2026 in newer filing)
- Market description changes may reflect simplification or updated branding language rather than substantive business changes
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for AVB — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Congressional trading disclosures
U.S. House members publicly disclose their own, their spouse's, and dependent children's stock transactions under the STOCK Act. We hold 6 matched disclosures for AVB from U.S. House Clerk Periodic Transaction Report filings.
Congressional trading disclosures →Short interest (FINRA)
AVB had 3,752,768 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
AVB had 2.63% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 5.07 days to cover at the same settlement.
- Reported short interest (shares) 3,752,768
- Short interest (% of shares outstanding) 2.63%
- Prior settlement (shares) 3,181,902
- Reported change 17.94%
- Days to cover (reported) 5.07
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Equity Residential (EQR)
- Camden Property Trust (CPT)
- Essex Property Trust (ESS)
- UDR, Inc. (UDR)
- Mid-America Apartment Communities (MAA)
- Invitation Homes (INVH)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does AvalonBay Communities (AVB) do?
AvalonBay Communities is a real estate investment trust (REIT) that develops, redevelops, acquires, owns, and operates multi-family apartment communities. Its portfolio primarily focuses on high-barrier-to-entry, high-growth markets in the United States, including the New England, New York/New Jersey, Mid-Atlantic, Pacific Northwest, and Northern/Southern California regions. The company also engages in the management of residential properties and provides development and other related services.
What sector is AvalonBay Communities (AVB) in?
AvalonBay Communities (AVB) is classified in the Real Estate sector. Its industry is Residential REITs. It trades on NYSE.
Does AVB pay a dividend?
Yes — AvalonBay Communities (AVB) pays a dividend, with an indicated yield of about 3.87% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are AvalonBay Communities's (AVB) competitors?
Notable peers of AvalonBay Communities (AVB) include Equity Residential, Camden Property Trust, Essex Property Trust, UDR, Inc. and Mid-America Apartment Communities. This peer set is informational only — not financial advice.
Has there been recent Congressional stock trading in AVB?
Yes — we hold 6 matched STOCK Act disclosures for AVB from U.S. House Clerk Periodic Transaction Report filings. These are legally-required disclosures (often filed 30–45 days after the trade), may belong to a U.S. House member, their spouse, or a dependent child, and are not an indicator of company performance or investment advice.
Is AvalonBay Communities (AVB) overbought or oversold right now?
AvalonBay Communities (AVB) is currently in oversold territory (its 14-day RSI is 7, below 30) (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AVB come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.