AvalonBay (AVB) Projects Higher Q1 Rental Revenues, Stock Up [Yahoo! Finance]
AvalonBay Communities, Inc. (AVB)
Last avalonbay communities, inc. earnings: 2/5 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.avalonbay.com
Company Research
Source: Yahoo! Finance
of a projected outperformance of its first-quarter same-store residential revenue growth on better-than-expected occupancy and lower-than-expected uncollectible lease revenues. Specifically, AvalonBay now expects its same-store residential revenues for the first quarter to increase 3.7%-3.8% over the prior-year period. This range at the midpoint is roughly 45 basis points higher than the company's most recent expectation on Jan 31, 2024. Economic occupancy for its same-store residential communities of 96% in February inched up from 95.8% in the prior month. AvalonBay had recorded economic occupancy of 95.6% in the fourth quarter. The like-term effective rent change for same-store residential communities was 2.4% in February, up from 1.3% in January as well as in the fourth quarter of 2023. The like-term effective rent change for renewals was 4.5% for both January and February, up from 4.2% for the fourth quarter. New move-in like-term effective rent change was negative 0.1% in F
Show less
Read more
Impact Snapshot
Event Time:
AVB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AVB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AVB alerts
High impacting AvalonBay Communities, Inc. news events
Weekly update
A roundup of the hottest topics
AVB
News
- AvalonBay (AVB) Q1 FFO & Revenues Beat Estimates, View Raised [Yahoo! Finance]Yahoo! Finance
- AvalonBay Communities, Inc. Announces First Quarter 2024 Operating Results and Second Quarter and Full Year 2024 Financial Outlook [Yahoo! Finance]Yahoo! Finance
- AvalonBay Communities, Inc. Announces First Quarter 2024 Operating Results and Second Quarter and Full Year 2024 Financial OutlookBusiness Wire
- Luxury real estate prices just hit an all-time record [MSNBC.com]MSNBC.com
- What to Expect From AvalonBay (AVB) This Earnings Season? [Yahoo! Finance]Yahoo! Finance
AVB
Earnings
- 4/25/24 - Beat
AVB
Sec Filings
- 4/26/24 - Form 8-K
- 4/12/24 - Form DEFA14A
- 3/28/24 - Form ARS
- AVB's page on the SEC website