Avalonbay Communities Intrinsic Value Calculator – Avalonbay Communities Shares Rally 1.58% to $188.04 on Positive Trading Session

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Avalonbay Communities ($NYSE:AVB) Inc. was in the spotlight on Thursday as their stock prices rose by 1.58% to $188.04 during a positive trading session. This booming performance came as the stock market saw a successful day overall. Avalonbay Communities Inc. is a real estate investment trust (REIT) that engages in the development, redevelopment, acquisition, ownership, and operation of multifamily communities.

In addition, they also offer a variety of amenities such as health and fitness centers, swimming pools, theaters, garages, and business centers. Furthermore, Avalonbay Communities Inc. has been successful in developing high quality multi-family housing and providing excellent customer service. As a result, they have a strong presence in the real estate market and are a sought-after stock.

Analysis – Avalonbay Communities Intrinsic Value Calculator

At GoodWhale, we recently performed an analysis of AVALONBAY COMMUNITIES‘ wellbeing. Our proprietary Valuation Line was used to calculate the intrinsic value of AVALONBAY COMMUNITIES’ shares, which came to an estimated value of $192.5. Currently, AVALONBAY COMMUNITIES stock is trading at $189.3, a fair price that is slightly undervalued by 1.7%. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Avalonbay Communities. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Avalonbay Communities. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Avalonbay Communities. More…

Key Ratios Snapshot

Some of the financial key ratios for Avalonbay Communities are shown below. More…

Peers

Its portfolio of properties comprises approximately 84,000 units in over 200 communities. The company was founded in 1978 and is headquartered in Arlington, Virginia. AvalonBay’s competitors include Equity Residential, Apartment Income REIT Corp, and Precinct Properties New Zealand Ltd. These companies are also engaged in the ownership, development, and management of multifamily properties.

However, each company has a different portfolio of properties and a different geographical focus.

– Equity Residential ($NYSE:EQR)

Equity Residential is a publicly traded real estate investment trust that focuses on the acquisition, development, and management of multifamily residential properties in the United States. As of December 31, 2020, the company owned or had an interest in 542 properties, consisting of approximately 136,000 units.

– Apartment Income REIT Corp ($NYSE:AIRC)

Apartment Income REIT Corp is a publicly traded company that owns, operates, and invests in apartment communities. The company has a market capitalization of $5.68 billion as of April 2022. Apartment Income REIT Corp is headquartered in Denver, Colorado and has over 200 properties across the United States. The company’s portfolio consists of over 50,000 units.

– Precinct Properties New Zealand Ltd ($NZSE:PCT)

Precinct Properties New Zealand Ltd is a real estate investment trust that owns, develops, and manages commercial property in New Zealand. As of March 31, 2021, the company’s portfolio consisted of office, retail, and industrial properties.

Summary

Investors in Avalonbay Communities Inc. enjoyed a positive trading session with the stock up 1.58% to close at $188.04 on Thursday. Analysts have noted that the company’s stock has been in an overall uptrend in recent months, and the recent rally has further added to the bullish trend. Despite the current market volatility, investors remain confident in the company’s financial performance and long-term growth prospects. Moving forward, analysts will be closely watching the company’s fundamentals and any news suggesting potential developments that could boost the stock price.