Vivmark Residential
Owner, developer and operator of U.S. multifamily apartment communities.
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Profile
Generates recurring apartment rent and ancillary income from a multifamily portfolio, while using development, redevelopment, acquisitions and dispositions to expand or recycle capital. The newly combined platform concentrates much of its exposure in major coastal and Northeast markets and relies on scale, centralized services and capital access.
Owns and operates a large portfolio of rental apartments while developing, redeveloping, acquiring and disposing of communities. Residential leases supply the core revenue, supplemented by fees, recoveries and limited commercial-space rent.
Combines the former AvalonBay and Equity Residential platforms across a broad set of metropolitan markets, with the portfolio concentrated in California, New York/New Jersey, the Mid-Atlantic and Boston. Launch-date operations included more than 184,000 apartments and construction across additional communities.
Uses neighborhood operating density, centralized services, standardized procurement and data-supported pricing to run the portfolio; community names retain legacy brands. Development requires land, zoning, labor, materials, financing and timely lease-up.
Occupancy and achievable rents, local housing regulation, REIT qualification and access to debt and equity capital are structural dependencies.
Company facts
Categories
Key statistics
Year to date +5.7% · Average volume (30d) 4.5M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| Aug 26, 2026 | KeyBanc | Initiate | Sector Weight | |
| Aug 26, 2026 | Piper Sandler | Reiterate | Neutral | $76 |
| Aug 24, 2026 | BMO Capital | Reiterate | Market Perform | $74 |
| Aug 21, 2026 | Wells Fargo | Initiate | Overweight | $72 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 22, 2026Q2 FY26 | $0.44 | $0.30 | −31.4% | $787.3M | $785.0M | −0.3% | −0.01% |
| Apr 28, 2026Q1 FY26 | $0.28 | $0.24 | −15.5% | $781.8M | $779.8M | −0.2% | +0.43% |
| Feb 5, 2026 | $1.04 | $1.03 | −1.0% | $785.7M | $781.9M | −0.5% | +3.43% |
| Oct 28, 2025 | $0.43 | $0.76 | +77.7% | $779.0M | $782.4M | +0.4% | −4.15% |
Financial highlights
| 2 quarters | — | — | — | — | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | $779.8M | $785.0M | |
| Gross profit | — | — | — | — | $478.0M | $481.9M | |
| Operating income | — | — | — | — | $213.7M | $218.9M | |
| Net income | — | — | — | — | $90.1M | $114.1M | |
| Diluted EPS | — | — | — | — | $0.24 | $0.30 | |
| Gross margin | — | — | — | — | 61.3% | 61.4% | |
| Operating margin | — | — | — | — | 27.4% | 27.9% |
Balance sheet, Jun 30, 2026Cash & short-term investments $36.4M · Total debt $8.57B · Total assets $20.28B · Shareholders' equity $10.51B
Dividends
Raised for 9 straight years — most recently to $0.7025 from $0.6925 in Mar 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 29, 2026 | Jun 29 | Jul 10 | $0.7025 | |
| Mar 30, 2026 | Mar 30 | Apr 10 | $0.7025 | raised from $0.6925 |
| Jan 2, 2026 | Jan 2 | Jan 16 | $0.6925 | |
| Sep 25, 2025 | Sep 25 | Oct 10 | $0.6925 | |
| Jun 24, 2025 | Jun 24 | Jul 11 | $0.6925 | |
| Mar 31, 2025 | Mar 31 | Apr 17 | $0.6925 | raised from $0.675 |
| Jan 2, 2025 | Jan 2 | Jan 17 | $0.675 | |
| Sep 24, 2024 | Sep 24 | Oct 11 | $0.675 |
Ownership
Shares outstanding 374.94M · Float 370.89M
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| Timothy J. Naughton · director | 353.5K | 0.09% | Form 4 | Aug 19, 2026 |
| Benjamin Schall · director, officer: President & CEO | 280.9K | 0.07% | Form 4 | Aug 18, 2026 |
| Matthew H. Birenbaum · officer: Executive Vice President & CDO | 272.7K | 0.07% | Form 4 | Aug 24, 2026 |
| Sean J. Breslin · officer: EVP & CI & GO | 221.2K | 0.06% | Form 4 | Aug 18, 2026 |
| Kevin P. O'Shea · officer: Executive Vice President & CFO | 92.8K | 0.02% | Form 4 | Aug 18, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 21, 2026 | Sean Thomas Willson | officer: Senior Vice President & CAO | −300 | $66.31 |
| Aug 18, 2026 | Edward M. Schulman | officer: EVP, Legal Affairs | −16,595 | $64.29 |
| Aug 19, 2026 | Sean Thomas Willson | officer: Senior Vice President & CAO | −250 | $64.32 |
| Aug 17, 2026 | Michael L. Manelis | officer: Executive Vice President & COO | −7,825 | $64.31 |
| Aug 18, 2026 | Susan Swanezy | director | −15,700 | $63.80 |
Peers
- Essex Property Trust
Closest public multifamily peer across West Coast renter and asset markets.
- UDR
Coastal apartment REIT spanning renter demand, development and data operations.
- Mid-America Apartment Communities
Large Sun Belt multifamily operator with selective Mid-Atlantic overlap.
- Camden Property Trust
Sun Belt apartment owner and developer competing for renters and assets.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Vivmark Residential | $65.54 | −0.01% | $24.57B | 28.6 | 43.5 | 7.8 | +2.1% |
| Essex Property Trust | $284.03 | 0.00% | $18.25B | 44.2 | 47.4 | 9.5 | +3.6% |
| UDR | $37.12 | −0.01% | $11.93B | 23.6 | 64.3 | 6.9 | −0.6% |
| Mid-America Apartment Communities | $128.57 | −0.84% | $15.08B | 37.9 | 41.5 | 6.8 | +1.0% |
| Camden Property Trust | $106.35 | +0.03% | $10.69B | 35.3 | 101.8 | 6.8 | −0.9% |
| Median | 36.6 | 55.8 | 6.9 | +0.2% |