Stock on Focus: AvalonBay Communities, Inc. (AVB)

Company Profile:

AvalonBay Communities, Inc. engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities in the United States. As of January 31, 2009, the company owned or held a direct or indirect ownership interest in 164 operating apartment communities comprising 45,728 apartment homes in 10 states and the District of Columbia. It also held a direct or indirect ownership interest in 14 communities under construction, as well as held rights to develop an additional 27 communities. The companys markets are located in New England, the New York/New Jersey metro area, the Mid-Atlantic, the Midwest, the Pacific Northwest, and the Northern and Southern California regions of the United States. The company was founded in 1978 and is based in Arlington, Virginia.

Recent News:

Its Board of Directors declared a cash dividend on the Company’s Common Stock (par value $0.01 per share) for the fourth quarter of 2017. The Common Stock dividend is $1.42 per share and is payable January 16, 2018 to all Common Stockholders of Record as of December 29, 2017.

The company reported that Net Income Attributable to Common Stockholders for the three months ended September 30, 2017 was $238,248,000. Funds from Operations attributable to common stockholders – diluted (“FFO”) per share for the three months ended September 30, 2017 increased 10.9% to $2.34 from $2.11 for the prior year period.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

AVB’s strengths can be seen in its better growth, strong profitability and robust solvency compared with its peers. Its revenue and net income have increased over several years. Technical indicators signal the bullish signs, as there is a bullish cross in Stochastic Oscillator and RSI (14) stands at 49.56 with positive bias. We rate AvalonBay Communities, Inc. (AVB) a STRONG BUY.

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