AvalonBay Communities Inc
Latest AvalonBay Communities Inc News and Updates
Earnings Report How Equity Residential Improved Its Balance Sheet in 2Q17
During 2Q17, Equity Residential (EQR) reported higher-than-expected top-line and bottom-line results backed by robust rent growth and occupancy levels.Real Estate AvalonBay: What’s Driving the Dividend and Valuations?
AvalonBay’s revenue grew 7% in the first quarter, driven by rental and other income.Macroeconomic Analysis How Building Permits and the Housing Market Can Predict Trends
When real estate developers or REITs like AvalonBay (AVB) are confident about the economy, they build more in anticipation of future demand from consumers.Company & Industry Overviews What Do Wall Street Analysts Think of Equity Residential?
Analysts gave EQR a mean price target of $69.08, implying a ~8.3% rise from its current level of $63.77.Earnings Report How AvalonBay Compares after 2Q17
Price-to-funds from operations multiple AvalonBay Communities’ (AVB) performance in 2Q17 can be best evaluated by looking at its price-to-FFO (funds from operations) multiple. The multiple, widely used for REITs, gives an idea of how much an investor pays for a particular stock per unit of its profit. The multiple, which has the same implications as the price-to-earnings […]Earnings Report Financing Activities Leverage AvalonBay’s Balance Sheet in 2Q17
Performance in 2Q17 AvalonBay Communities (AVB) has undertaken several development, redevelopment, and expansion projects to maintain its share in the market. It invested $400 million in new developments during the quarter. REITs such as UDR (UDR), Essex Property Trust (ESS), and Equity Residential (EQR) fund these activities with the help of debt and equity. Therefore, […]Earnings Report Income Rises in 2Q17, AvalonBay Expects Higher Expenses
Income generated in 2Q17 AvalonBay Communities (AVB) reported NOI (net operating income) of $367.1 million, compared with $339.6 million in 2Q16. The Northern California region reported the highest NOI of $64.6 million, followed by the New York metropolitan area, which reported NOI of $61.5 million. Development and redevelopment communities reported NOI growth of $40.1 million, […]Earnings Report How Geography Affected AvalonBay’s 2Q17 Results
Wide geographical diversity AvalonBay Communities (AVB) has its assets well placed in high-demand Class A cities. These cities have soaring job growth, a high barrier to entry for competitors, and proximity to premium infrastructure. REIT peers UDR (UDR), Equity Residential (EQR), and Essex Property Trust (ESS) are repositioning their properties to Class A cities and […]Earnings Report AvalonBay Maintains Profit with Strategic Capital Deployment
Demographic shift American demographics are shifting towards Class A cities with high-income growth and demand for residential apartments. These cities offer job prospects and proximity to offices, schools, and other necessities for premium social living. Although these cities also have high barriers to entry, more residential apartment owners are repositioning their properties in these areas. […]Earnings Report AvalonBay Revenue Climbs in 2Q17, Backed by Rent Growth
Robust 2Q17 driven by rent growth AvalonBay Communities’ (AVB) total revenue of $530.5 million marginally surpassed Wall Street estimates by 0.3%. However, revenue rose by almost 6% from the year prior. Upbeat top-line growth reflected growth in development communities and stabilized operating communities. Same-store revenue rose 2.5% year-over-year. Including revenue from redeveloped communities, same-store revenue […]Earnings Report What Lies Ahead for AvalonBay
Robust 2Q17 results AvalonBay Communities’ (AVB) top and bottom lines exceeded expectations, backed by higher net operating income growth of 8.1%. Factors affecting profit during 2Q17 Higher occupancy and rent growth in development communities and stabilized operating communities led to upbeat results during the quarter. Higher funds from operations expected for 3Q17 AvalonBay expects […]Earnings Report Where AvalonBay Stands after Its 2Q17 Earnings Release
AvalonBay Communities (AVB) reported core FFO (funds from operations) of $2.09 per share, in line with Wall Street estimates.Earnings Report How Vornado Stacks Up against Peers
Vornado’s recent development and redevelopment activities have made investors optimistic about the stock.Earnings Report Financing Helped Vornado Maintain Strong Balance Sheet in 2Q17
During 2Q17, Vornado Realty Trust (VNO) reported higher year-over-year top-line and bottom-line results backed by growth in rent and occupancy level.Earnings Report Did Vornado’s Cost Reduction Efforts Bear Fruit in 2Q17?
Vornado Realty Trust reported adjusted FFO (funds from operation) of $1.35 per share, which beat Wall Street estimates of $1.20 per share.Earnings Report How Recent Disposition Activities Helped Vornado in 2Q17
Vornado Trust’s (VNO) top-line and bottom-line results improved year-over-year backed by higher rent growth and lower operational costs.Earnings Report Project Development Spurred Vornado’s Growth in 2Q17
Vornado Realty Trust (VNO) reported decent results in 2Q17. Its top line and bottom line surpassed results from 2Q16 backed by higher rent and new lease activities.Earnings Report Where Does Vornado Stand after 2Q17 Earnings?
Vornado Realty Trust (VNO) reported core funds from operation (or FFO) of $1.35 per share in 2Q17, which surpassed Wall Street estimates of $1.20 per share.Earnings Report How Vornado’s New York Office Segment Performed in 2Q17
Vornado Realty Trust (VNO) reported higher year-over-year top-line and bottom-line results during 2Q17 backed by higher rent growth, lower costs, and new leases during the quarter.Earnings Report Vornado’s New Leases Drove Revenue in 2Q17
VNO posted rental revenue of $626 million in 2Q17, missing Wall Street’s estimates of $633.2 million.Earnings Report How Wall Street Analysts Rate Vornado
Analysts assigned VNO a mean price target of $89.52, 13.8% higher than its current price level.Earnings Report How Vornado Stacks Up against Other Industry Players
VNO’s current price-to-FFO multiple is 17.77x. The company has been able to return value to its shareholders consistently in the form of dividends and share repurchases.Earnings Report Will Vornado Benefit from a Growing Economy in 2Q17?
Although Vornado Realty Trust (VNO) may witness lower margins during a higher interest rate environment, it may see significant growth in the near future.Earnings Report How Macro Issues Could Affect Vornado in 2Q17
Wall Street expects Vornado Realty Trust (VNO) to post flat year-over-year top-line and bottom-line results in 2Q17.Earnings Report Will Vornado’s Project Streamlining Drive Net Operating Income?
Wall Street analysts expect Vornado Realty Trust (VNO) to report net operating income of $338.1 million in 2Q17.Earnings Report How Vornado’s Revenue Could Benefit from Strategic Initiatives
Analysts expect Vornado Realty Trust (VNO) to report revenues of $622.3 million for 2Q17 when it releases its earnings on July 31, 2017.Earnings Report What’s in Store for Vornado’s 2Q17 Earnings?
Vornado Realty Trust (VNO) is scheduled to report its 2Q17 earnings on July 31, 2017.Company & Industry Overviews How Does Wall Street Rate Essex Property Trust?
Essex Property Trust’s (ESS) performance expectations in 2017 are reflected in analysts’ ratings for its stock. Analysts have given ESS a mean price target of $257.6.Company & Industry Overviews How Essex Property Trust Compares to Other Industry Players
The price-to-FFO (funds from operation) ratio is the most popular method of measuring the relative valuation of real estate investment trusts (or REIT) such as Essex Property Trust.Company & Industry Overviews How Well Does Essex Property Manage Its Balance Sheet?
In order to function as real estate investment trusts (or REIT), companies such as Essex Property Trust (ESS) have to pay almost 90% of their taxable income out as dividends.Company & Industry Overviews How Well Does Essex Property Return Value to Its Shareholders?
Real estate investment trusts (or REIT) such as Essex Property Trust (ESS) need to pay at least 90% of their taxable incomes as dividends or share buybacks as a prerequisite for functioning as REITs.Company & Industry Overviews Are Trump and the Rate Hike Blessings in Disguise for ESS?
Rising optimism among citizens bodes well for REITs such as Essex Property Trust (ESS) AvalonBay Communities (AVB), Equity Residential (EQR), and UDR (UDR).Company & Industry Overviews How Wall Street Analysts Rate Vornado Realty Trust
Analysts assigned VNO a mean price target of $108.18, which is 12.9% higher than its current price level.Company & Industry Overviews How High Interest Could Affect ESS and Residential REITs
REITs such as Essex Property Trust (ESS) yielded high returns in the long period during which interest rates were below average.Company & Industry Overviews Development Projects Helps Essex Property Combat REIT Headwinds
Amid the shifting residential REIT scenario, Essex Property Trust (ESS) has been able to maintain its dominant position.Company & Industry Overviews How Well Does Vornado Leverage Its Balance Sheet?
Vornado Realty Trust’s (VNO) total debt-to-total-equity ratio was 153.8%.Company & Industry Overviews Essex Property to See Growth due to Winning Strategies
The current macroeconomic scenario is conducive for growth in the residential REIT (real estate investment trust) sector.Company & Industry Overviews Essex Property and Residential REITs Are Poised to Grow
The home building sector has set itself a course for smooth sailing amid the current favorable economic scenario.Company & Industry Overviews How Essex Property Maintains Its Revenue Growth
A slow and steady improvement in the job market and rising optimism among consumers about their economic welfare has triggered a spike in the construction sector.Company & Industry Overviews Essex Property: An Apartment REIT Standing Strong amid Headwinds
The current economic environment has made investors skeptical about the real estate investment trust (or REIT) industry.Company & Industry Overviews Vornado amid the Economic Transition under President Trump
According to the University of Michigan, the June 2017 consumer sentiment index gained 1.7% year-over-year, standing at 95.1%.Company & Industry Overviews The Fed’s Interest Rate Hike—A Challenge for Vornado Realty Trust
After increasing interest rates in December 2016, the Fed hiked rates in March and June 2017 by 0.25%.Company & Industry Overviews Vornado Realty Trust Works to Streamline Its Operations
Vornado Realty Trust (VNO) disposed of its 32.7% stake in Toys “R” Us and Urban Edge Properties as part of its strategy to concentrate on its core business.Company & Industry Overviews A Look at Vornado’s Top-Line Performance
Vornado Realty Trust (VNO) is in talks to finalize the tax-free spinoff of its business in Washington, D.C. VNO expects to concentrate solely on its New York business after the spinoff.Company & Industry Overviews Vornado Realty: A Commercial REIT Thriving amid a Retail Crisis
Vornado Realty Trust (VNO) is selling off its non-performing assets and focusing on its core business in a move to improve its profitability. Analysts are encouraged by Vornado’s strategy of optimizing its profits.Miscellaneous How Wall Street Analysts View AvalonBay Stock
In May 2017, 11 of 23 analysts covering AVB stock issued “buy” or “strong buy” ratings.Company & Industry Overviews AvalonBay—Comparison with Other Retail REITs in Its Industry
Currently, AvalonBay Communities is offering a next-12-month (or NTM) dividend yield of 3%, which is in line with its close competitors.Company & Industry Overviews How AvalonBay Communities Leverages Its Balance Sheet
AvalonBay has been able to maintain a low debt-to-equity ratio in the last five years. The company reported a debt-to-equity ratio of ~1.5x in 1Q17.Company & Industry Overviews AvalonBay Communities: A Rewarding Stock for Shareholders
During 2016, AvalonBay Communities (AVB) repurchased 57,172 shares worth $0.6 million.Company & Industry Overviews AvalonBay, Residential REITs Target Headwinds through Diversification
During 1Q17, AvalonBay Communities (AVB) had completed the development of projects worth $650 million at an initially projected yield of 5.6%.