With Double-Digit Earnings Growth, Is This Housing Stock a Buy?

By Matt Frankel and Tyler Crowe – Feb 14, 2023 at 10:21AM

NYSE: AVB

AvalonBay Communities

Market Cap

$27B

Today's Change

(-0.32%) -$0.62

Current Price

$190.72

Price as of April 25, 2024, 3:45 p.m. ET

Rent growth has pushed this apartment REIT's earnings higher, but what should investors expect going forward?

AvalonBay Communities (AVB -0.32%) has been a beneficiary of surging rent growth and real estate prices, but is expecting somewhat cooler growth in 2023. In this video, Fool.com contributors Tyler Crowe and Matt Frankel, CFP®, discuss the latest results from this massive REIT and what investors need to know.

*Stock prices used were the morning prices of Feb. 10, 2023. The video was published on Feb. 11, 2023.

Matthew Frankel, CFP® has no position in any of the stocks mentioned. Tyler Crowe has positions in AvalonBay Communities. The Motley Fool recommends AvalonBay Communities. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.