AVB Stock Summary and Trading Ideas (Avalonbay Communities | NYSE:AVB)

AvalonBay Communities owns a portfolio of 286 apartment communities with over 86,000 units and is developing 19 additional properties with over 6,800 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington D.C., California, and the Pacific Northwest.

Avalonbay Communities trades on the NYSE stock market under the symbol AVB.

As of January 27, 2025, AVB stock price climbed to $220.35 with 428,938 million shares trading.

AVB has a beta of 0.58, meaning it tends to be less sensitive to market movements. AVB has a correlation of 0.18 to the broad based SPY ETF.

AVB has a market cap of $31.33 billion. This is considered a Large Cap stock.

Last quarter Avalonbay Communities reported $734 million in Revenue and $2.74 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.03.

In the last 3 years, AVB traded as high as $259.05 and as low as $153.07.

The top ETF exchange traded funds that AVB belongs to (by Net Assets): VNQ, VTI, VOO, VO, SPY.

AVB has outperformed the market in the last year with a return of +28.9%, while the SPY ETF gained +24.4%. However, in the most recent history, AVB shares have underperformed the stock market with its stock returning -1.9% in the last 3 month period and +2.1% for the last 2 week period, while SPY has returned +3.9% and +3.1%, respectively.

AVB support price is $211.60 and resistance is $217.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AVB shares will trade within this expected range on the day.