AvalonBay Communities, Inc. (AVB)
Real Estate · NYQ
Price as at 1 Oct 2026, 18:27 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
AvalonBay Communities, Inc. trades at $184.06, which is 68% below the $308.39 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 73 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 23.8 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
AVB dividend history
No individual payments are on record for this listing, so the current facts above are all we can honestly show.
AVB earnings and analyst estimates
Recommendation mix, 20 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About AvalonBay Communities, Inc.
AvalonBay Communities, Inc., a member of S&P 500, is an equity REIT. The firm develops, redevelops, acquires and manages apartment communities in leading metropolitan areas in Boston, Massachusetts, the New York/New Jersey Metro area, the Mid-Atlantic, Seattle, Washington, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. As of June 30, 2026, the Company owned or held a direct or indirect ownership interest in 322 apartment communities containing 99,072 apartment homes in 11 states and the District of Columbia, of which 27 communities were under development and one community was under redevelopment. AvalonBay Communities, Inc. was incorporated in 1978 in Maryland and is based in Arlington, Virginia.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
AVB passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
13 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Andreas Halvorsen, VIKING GLOBAL INVESTORS LP$252.80M · 0.7% of book
- Ken Griffin, CITADEL ADVISORS LLC$106.56M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$72.44M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$41.77M · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$38.07M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in AVB
We hold 6 disclosed trades in AVB by members of Congress and executive-branch officials. The latest 5:
- Alan Armstrong · Senate$1,001 - $15,000 · traded 14 Aug 2026 · disclosed 17 Sept 2026
- Donald J Trump · Executive branchSell · $15,001 - $50,000 · traded 12 Jun 2026 · disclosed 22 Aug 2026
- Donald J Trump · Executive branchBuy · $15,001 - $50,000 · traded 11 May 2026 · disclosed 1 Jul 2026
- Alan Armstrong · SenateBuy · $1,001 - $15,000 · traded 27 Mar 2026 · disclosed 21 Jul 2026
- Daniel Goldman · HouseSell · $50,001 - $100,000 · traded 12 Jul 2023 · disclosed 13 Aug 2023
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
AVB peers
The largest companies in the same industry (REIT - Residential), then in the same sector.
- EQR Equity Residential
- UDR UDR, Inc.
- ELS Equity LifeStyle Properties, Inc.
- JAN Janus Living, Inc.
- IRT Independence Realty Trust, Inc.
- CAR-UN.TO Canadian Apartment Properties Real Estate Investment Trust
- NXRT NexPoint Residential Trust, Inc.
- CSR Centerspace
Compared side by side: AVB vs EQIX, AVB vs SPG, AVB vs AMT.
Every real estate company we cover is on the Real Estate hub.
Common questions
Is AvalonBay Communities, Inc. (AVB) undervalued?
Against our fair value estimate of $308.39, AVB at $184.06 is 68% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own AVB?
13 of the institutions we track reported a position in AVB in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is AVB's P/E ratio?
AVB trades at 23.8 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does AvalonBay Communities, Inc. (AVB) pay a dividend?
Yes. AvalonBay Communities, Inc. yields 3.71% at the current share price. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its AVB data?
Fundamentals for AVB come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 18:27 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for AVB, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.