
Arlington, Virginia-based AvalonBay Communities, Inc. (AVB) is a real estate investment trust focused on developing, acquiring, owning, and operating multi-family apartment communities. With a market cap of $27.6 billion, AvalonBay operates in markets like the New York metro area, New England, Southern California, and more.
The real estate major has significantly underperformed the broader market over the past year. AVB stock has plummeted 13.3% over the past 52 weeks and 12.6% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 14.3% surge over the past year and 9.5% return in 2025.