AVB vs. NLY: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AVB and NLY, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
Both AVB and NLY are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.
| Symbol | AVB | NLY |
|---|---|---|
| Company Name | AvalonBay Communities, Inc. | Annaly Capital Management, Inc. |
| Country | United States | United States |
| GICS Sector | Real Estate | Financials |
| GICS Industry | Residential REITs | Mortgage Real Estate Investment Trusts (REITs) |
| Market Capitalization | 27.38 billion USD | 13.57 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 11, 1994 | October 8, 1997 |
| Security Type | REIT | REIT |
Historical Performance
This chart compares the performance of AVB and NLY by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | AVB | NLY |
|---|---|---|
| 5-Day Price Return | 0.43% | 1.49% |
| 13-Week Price Return | -3.80% | 12.39% |
| 26-Week Price Return | -11.63% | -2.32% |
| 52-Week Price Return | -11.81% | 5.89% |
| Month-to-Date Return | 3.22% | 3.54% |
| Year-to-Date Return | -12.59% | 15.03% |
| 10-Day Avg. Volume | 0.88M | 6.28M |
| 3-Month Avg. Volume | 0.87M | 7.09M |
| 3-Month Volatility | 20.41% | 16.48% |
| Beta | 0.88 | 1.34 |
Profitability
Return on Equity (TTM)
AVB
9.73%
Residential REITs Industry
- Max
- 12.21%
- Q3
- 9.45%
- Median
- 7.42%
- Q1
- 2.50%
- Min
- 0.37%
In the upper quartile for the Residential REITs industry, AVB’s Return on Equity of 9.73% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
NLY
5.68%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 11.10%
- Q3
- 8.57%
- Median
- 5.68%
- Q1
- 4.39%
- Min
- 3.80%
NLY’s Return on Equity of 5.68% is on par with the norm for the Mortgage Real Estate Investment Trusts (REITs) industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
AVB
38.91%
Residential REITs Industry
- Max
- 67.49%
- Q3
- 38.86%
- Median
- 25.74%
- Q1
- 7.62%
- Min
- 0.15%
In the Residential REITs industry, Net Profit Margin is often not the primary profitability metric.
NLY
13.07%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 17.60%
- Q3
- 17.25%
- Median
- 14.85%
- Q1
- 12.08%
- Min
- 11.08%
NLY’s Net Profit Margin of 13.07% is aligned with the median group of its peers in the Mortgage Real Estate Investment Trusts (REITs) industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin (TTM)
AVB
22.14%
Residential REITs Industry
- Max
- 54.06%
- Q3
- 45.82%
- Median
- 29.89%
- Q1
- 19.34%
- Min
- 5.28%
In the Residential REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.
NLY
13.59%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 19.58%
- Q3
- 19.03%
- Median
- 13.59%
- Q1
- 6.14%
- Min
- -4.62%
NLY’s Operating Profit Margin of 13.59% is around the midpoint for the Mortgage Real Estate Investment Trusts (REITs) industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | AVB | NLY |
|---|---|---|
| Return on Equity (TTM) | 9.73% | 5.68% |
| Return on Assets (TTM) | 5.44% | 0.69% |
| Net Profit Margin (TTM) | 38.91% | 13.07% |
| Operating Profit Margin (TTM) | 22.14% | 13.59% |
| Gross Profit Margin (TTM) | 63.00% | 16.92% |
Financial Strength
Current Ratio (MRQ)
AVB
0.10
Residential REITs Industry
- Max
- 1.28
- Q3
- 0.64
- Median
- 0.21
- Q1
- 0.12
- Min
- 0.00
AVB’s Current Ratio of 0.10 falls into the lower quartile for the Residential REITs industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
NLY
0.06
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 11.04
- Q3
- 7.72
- Median
- 0.46
- Q1
- 0.10
- Min
- 0.01
For the Mortgage Real Estate Investment Trusts (REITs) industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
Debt-to-Equity Ratio (MRQ)
AVB
0.73
Residential REITs Industry
- Max
- 1.62
- Q3
- 1.10
- Median
- 0.83
- Q1
- 0.69
- Min
- 0.28
AVB’s Debt-to-Equity Ratio of 0.73 is typical for the Residential REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
NLY
7.16
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 8.75
- Q3
- 5.74
- Median
- 4.15
- Q1
- 3.08
- Min
- 1.97
The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Mortgage Real Estate Investment Trusts (REITs) industry.
Interest Coverage Ratio (TTM)
AVB
1.25
Residential REITs Industry
- Max
- 5.11
- Q3
- 4.01
- Median
- 2.53
- Q1
- 1.52
- Min
- 0.52
In the lower quartile for the Residential REITs industry, AVB’s Interest Coverage Ratio of 1.25 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.
NLY
--
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Mortgage Real Estate Investment Trusts (REITs) industry.
Financial Strength at a Glance
| Symbol | AVB | NLY |
|---|---|---|
| Current Ratio (MRQ) | 0.10 | 0.06 |
| Quick Ratio (MRQ) | 0.10 | 0.06 |
| Debt-to-Equity Ratio (MRQ) | 0.73 | 7.16 |
| Interest Coverage Ratio (TTM) | 1.25 | -- |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
AVB
3.58%
Residential REITs Industry
- Max
- 4.21%
- Q3
- 3.83%
- Median
- 3.40%
- Q1
- 3.27%
- Min
- 2.80%
AVB’s Dividend Yield of 3.58% is consistent with its peers in the Residential REITs industry, providing a dividend return that is standard for its sector.
NLY
12.32%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 17.47%
- Q3
- 12.78%
- Median
- 11.37%
- Q1
- 8.85%
- Min
- 6.08%
NLY’s Dividend Yield of 12.32% is consistent with its peers in the Mortgage Real Estate Investment Trusts (REITs) industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio (TTM)
AVB
84.15%
Residential REITs Industry
- Max
- 210.87%
- Q3
- 145.45%
- Median
- 102.94%
- Q1
- 84.58%
- Min
- 17.15%
AVB’s Dividend Payout Ratio of 84.15% is in the lower quartile for the Residential REITs industry. This suggests a conservative dividend policy, with a strategic focus on reinvesting profits for future growth.
NLY
224.87%
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 218.61%
- Q3
- 198.43%
- Median
- 175.73%
- Q1
- 125.71%
- Min
- 53.82%
At 224.87%, NLY’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Mortgage Real Estate Investment Trusts (REITs) industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.
Dividend at a Glance
| Symbol | AVB | NLY |
|---|---|---|
| Dividend Yield (TTM) | 3.58% | 12.32% |
| Dividend Payout Ratio (TTM) | 84.15% | 224.87% |
Valuation
Price-to-Earnings Ratio (TTM)
AVB
23.50
Residential REITs Industry
- Max
- 177.01
- Q3
- 109.22
- Median
- 31.26
- Q1
- 25.84
- Min
- 8.46
The P/E Ratio is often not the primary metric for valuation in the Residential REITs industry.
NLY
18.25
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 26.29
- Q3
- 21.76
- Median
- 14.96
- Q1
- 10.32
- Min
- 9.23
The P/E Ratio is often not the primary metric for valuation in the Mortgage Real Estate Investment Trusts (REITs) industry.
Price-to-Sales Ratio (TTM)
AVB
9.14
Residential REITs Industry
- Max
- 12.50
- Q3
- 10.33
- Median
- 8.01
- Q1
- 6.55
- Min
- 5.06
AVB’s P/S Ratio of 9.14 aligns with the market consensus for the Residential REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
NLY
2.38
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 3.93
- Q3
- 3.42
- Median
- 2.26
- Q1
- 1.84
- Min
- 1.37
NLY’s P/S Ratio of 2.38 aligns with the market consensus for the Mortgage Real Estate Investment Trusts (REITs) industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio (MRQ)
AVB
2.42
Residential REITs Industry
- Max
- 4.49
- Q3
- 2.83
- Median
- 2.20
- Q1
- 1.42
- Min
- 0.67
AVB’s P/B Ratio of 2.42 is within the conventional range for the Residential REITs industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
NLY
0.85
Mortgage Real Estate Investment Trusts (REITs) Industry
- Max
- 1.04
- Q3
- 0.99
- Median
- 0.91
- Q1
- 0.81
- Min
- 0.74
NLY’s P/B Ratio of 0.85 is within the conventional range for the Mortgage Real Estate Investment Trusts (REITs) industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
Valuation at a Glance
| Symbol | AVB | NLY |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 23.50 | 18.25 |
| Price-to-Sales Ratio (TTM) | 9.14 | 2.38 |
| Price-to-Book Ratio (MRQ) | 2.42 | 0.85 |
| Price-to-Free Cash Flow Ratio (TTM) | 90.78 | 4.78 |