VMRK
AvalonBay Communities, Inc.
NYSEUSDEQUITY
Real Estate
DELAYED
Sell
-24/100
Last price
60.55
▲ 0.46 (0.77%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
Lower pane
Overlay another symbol
Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
59.83
Prev close
60.09
Day high
60.92
Day low
59.83
Volume
4.08M
Market cap
$46.71B
P/E (TTM)
23.04
52W range
57.57 – 71.50
Day trading desk
Gap from prior close
-0.43%
Prior close 60.09
VWAP
60.40
+0.25% from price
Relative volume
1.52×
Unusually busy
Session range
1.83%
59.83 – 60.92
Position in range
66%
Mid range
ATR (14D)
1.19
1.97% of price
Prior day high
60.17
PDH
Prior day low
58.64
PDL
Bid / ask spread
—
Quote not published
Session volume
7.46M
Avg 4.92M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-1.60%
-3.5%
1M
-7.62%
-8.8%
3M
-11.62%
-16.1%
6M
+0.27%
-17.9%
YTD
-4.24%
-18.5%
1Y
-4.63%
-21.0%
3Y
+2.83%
-79.4%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on VMRK open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
0
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 9, 26 | CARR CHRIS Director |
SELL | 1.13K | $73.77K | Direct |
| Aug 31, 26 | MANELIS MICHAEL L Chief Operating Officer |
STOCK | 34.56K | $0 | Direct |
| Aug 31, 26 | FENSTER SCOTT J. General Counsel |
STOCK | 4.58K | $0 | Direct |
| Aug 21, 26 | WILLSON SEAN THOMAS Officer |
SELL | 300 | $19.89K | Direct |
| Aug 20, 26 | BIRENBAUM MATTHEW H Officer |
STOCK | 1.40K | $0 | Direct |
| Aug 19, 26 | WILLSON SEAN THOMAS Officer |
SELL | 250 | $16.08K | Direct |
| Aug 18, 26 | SWANEZY SUSAN Director |
SELL | 15.70K | $1.00M | Direct |
| Aug 18, 26 | HOWARD CHRISTOPHER Director |
SELL | 8.49K | $543.10K | Direct |
| Aug 18, 26 | MUELLER CHARLES E. JR. Director |
SELL | 8.00K | $511.20K | Direct |
| Aug 18, 26 | SCHULMAN EDWARD M Officer |
SELL | 16.59K | $1.07M | Direct |
| Aug 17, 26 | NAUGHTON TIMOTHY JAMES Director |
STOCK | 2.62K | $0 | Direct |
| Aug 17, 26 | JONES NINA P. Director |
STOCK | 2.62K | $0 | Direct |
| Aug 17, 26 | HOFF ANN C. Director |
STOCK | 2.62K | $0 | Direct |
| Aug 17, 26 | THOMAS PAMELA ROGERS Officer |
STOCK | 56.73K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BIRENBAUM MATTHEW H |
Officer | 272.75K | Stock Gift |
BRACKENRIDGE ALEXANDER |
Chief Operating Officer | 86.00K | Sale |
BYNOE LINDA WALKER |
Director | 46.51K | Stock Award(Grant) |
FENSTER SCOTT J. |
General Counsel | 51.90K | Stock Award(Grant) |
MANELIS MICHAEL L |
Chief Operating Officer | 80.60K | Stock Award(Grant) |
NAUGHTON TIMOTHY JAMES |
Director | 353.47K | Stock Award(Grant) |
PARRELL MARK J |
Chief Executive Officer | 47.34K | Stock Award(Grant) |
SCHULMAN EDWARD M |
Officer | 48.78K | Sale |
STERRETT STEPHEN E |
Chairman of the Board | 50.57K | Stock Award(Grant) |
THOMAS PAMELA ROGERS |
Officer | 85.54K | Stock Award(Grant) |
Fundamentals
Market cap$46.71B
Enterprise value—
Revenue (TTM)$3.09B
Gross profit$1.93B
EBITDA$1.83B
Net income$1.03B
EPS (TTM)$2.62
Free cash flow$1.39B
Total cash$90.12M
Total debt$9.19B
Book value / share—
Shares outstanding773.78M
Float—
Short % of float2.70%
Dividend yield4.68%
Beta (5Y)0.57
Valuation & profitability ratios
Trailing P/E23.04
Forward P/E41.06
PEG ratio7.17
Price / sales—
Price / book—
EV / revenue—
EV / EBITDA—
Gross margin62.32%
Operating margin29.50%
Profit margin33.25%
Return on equity8.49%
Return on assets2.56%
Debt / equity75.13
Current ratio0.35
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $3.04B | $2.91B | $2.77B | $2.59B | — | +4.4% |
| Operating revenue | $3.04B | $2.91B | $2.77B | $2.59B | — | +4.4% |
| Cost of revenue | $1.12B | $1.07B | $988.13M | $919.11M | — | +4.4% |
| Gross profit | $1.92B | $1.84B | $1.78B | $1.67B | — | +4.3% |
| Research & development | — | — | — | $16.57M | $3.23M | — |
| Selling, general & admin | $86.68M | $77.70M | $76.53M | $74.06M | — | +11.6% |
| Total operating expense | $1.00B | $924.55M | $893.50M | $889.04M | — | +8.2% |
| Operating income | $919.76M | $915.75M | $886.28M | $785.29M | — | +0.4% |
| Net interest income | -$231.71M | -$208.14M | -$200.97M | -$230.07M | — | -11.3% |
| Pre-tax income | $1.06B | $1.08B | $938.59M | $1.15B | — | -2.5% |
| Tax provision | -$1.14M | $445.00K | $10.15M | $14.65M | — | -355.1% |
| Net income | $1.05B | $1.08B | $928.83M | $1.14B | — | -2.8% |
| Net income to common | $1.05B | $1.08B | $927.16M | $1.13B | — | -2.8% |
| Basic EPS | 2.65 | 2.72 | 2.35 | 2.91 | — | -2.8% |
| Diluted EPS | 2.65 | 2.72 | 2.35 | 2.91 | — | -2.6% |
| EBIT | $1.31B | $1.31B | $1.14B | $1.38B | — | +0.4% |
| EBITDA | $2.23B | $2.16B | $1.96B | $2.20B | — | +3.3% |
| Basic shares | 396.62M | 397.37M | 395.38M | 390.72M | — | -0.2% |
| Diluted shares | 398.91M | 397.89M | 395.61M | 390.95M | — | +0.3% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $187.23M | $108.58M | $397.89M | $613.19M | +72.4% |
| Cash & short-term investments | $187.23M | $108.58M | $397.89M | $613.19M | +72.4% |
| Total current assets | $353.08M | $267.08M | $530.96M | $734.25M | +32.2% |
| Property, plant & equipment | $147.54M | $154.65M | $134.67M | $143.33M | -4.6% |
| Total assets | $22.19B | $21.00B | $20.68B | $20.46B | +5.7% |
| Total current liabilities | $1.54B | $746.28M | $694.55M | $659.11M | +106.8% |
| Current debt | $739.61M | — | — | — | — |
| Long-term debt | $8.59B | $8.08B | $7.98B | $8.32B | +6.3% |
| Total debt | $9.49B | $8.25B | $8.14B | $8.48B | +15.1% |
| Total liabilities | $10.36B | $9.06B | $8.89B | $9.20B | +14.3% |
| Retained earnings | $371.16M | $591.25M | $478.16M | $485.22M | -37.2% |
| Shareholder equity | $11.61B | $11.94B | $11.78B | $11.25B | -2.8% |
| Working capital | -$1.19B | -$479.21M | -$163.59M | $75.14M | -148.3% |
| Net tangible assets | $11.61B | $11.94B | $11.78B | $11.25B | -2.8% |
| Shares issued | 391.25M | 397.32M | 396.68M | 390.79M | -1.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $1.06B | $1.08B | $928.44M | $1.14B | -2.4% |
| Depreciation & amortisation | $913.38M | $846.85M | $816.97M | $814.98M | +7.9% |
| Stock-based compensation | $26.46M | $25.37M | $27.14M | $33.86M | +4.3% |
| Change in working capital | $13.72M | $6.76M | $17.80M | $10.01M | +102.9% |
| Operating cash flow | $1.67B | $1.61B | $1.56B | $1.42B | +3.9% |
| Capital expenditure | -$264.94M | -$198.03M | -$197.27M | -$174.71M | -33.8% |
| Investing cash flow | -$1.39B | -$996.86M | -$928.96M | -$560.42M | -39.7% |
| Share buybacks | -$488.12M | $0 | -$1.91M | $0 | — |
| Dividends paid | -$992.33M | -$961.91M | -$922.66M | -$889.61M | -3.2% |
| Financing cash flow | -$192.73M | -$874.90M | -$834.36M | -$671.06M | +78.0% |
| Free cash flow | $1.41B | $1.41B | $1.36B | $1.25B | -0.3% |
| End cash position | $353.08M | $267.08M | $530.96M | $734.25M | +32.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $777.77M | $770.28M | $767.86M | $766.80M | $760.20M | +1.0% |
| Operating revenue | $777.77M | $770.28M | $767.86M | $766.80M | $760.20M | +1.0% |
| Cost of revenue | $285.88M | $288.53M | $281.86M | $293.23M | $276.97M | -0.9% |
| Gross profit | $491.88M | $481.75M | $486.00M | $473.57M | $483.22M | +2.1% |
| Selling, general & admin | $27.14M | $22.08M | $21.87M | $22.03M | $23.00M | +22.9% |
| Total operating expense | $260.11M | $255.18M | $255.26M | $252.40M | $254.73M | +1.9% |
| Operating income | $231.77M | $226.57M | $230.74M | $221.17M | $228.50M | +2.3% |
| Net interest income | -$62.37M | -$64.01M | -$61.51M | -$58.58M | -$57.86M | +2.6% |
| Pre-tax income | $156.96M | $328.00M | $165.69M | $383.97M | $269.32M | -52.1% |
| Tax provision | $70.00K | -$294.00K | -$295.00K | -$193.00K | -$531.00K | +123.8% |
| Net income | $155.72M | $325.73M | $164.73M | $381.31M | $268.67M | -52.2% |
| Net income to common | $155.39M | $325.08M | $164.42M | $380.59M | $268.17M | -52.2% |
| Basic EPS | 0.40 | 0.83 | 0.42 | 0.96 | 0.68 | -52.4% |
| Diluted EPS | 0.40 | 0.83 | 0.42 | 0.96 | 0.67 | -52.4% |
| EBIT | $227.03M | $399.49M | $234.80M | $449.38M | $334.13M | -43.2% |
| EBITDA | $460.01M | $632.59M | $468.18M | $679.75M | $565.86M | -27.3% |
| Basic shares | 393.40M | 390.54M | 393.33M | 397.60M | 397.89M | +0.7% |
| Diluted shares | 396.14M | 393.29M | 396.58M | 400.89M | 400.22M | +0.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $80.68M | $121.23M | $187.23M | $123.31M | $102.83M | -33.4% |
| Cash & short-term investments | $80.68M | $121.23M | $187.23M | $123.31M | $102.83M | -33.4% |
| Total current assets | $246.12M | $291.09M | $353.08M | $321.89M | $295.37M | -15.5% |
| Property, plant & equipment | $144.14M | $145.70M | $147.54M | $149.59M | $150.91M | -1.1% |
| Total assets | $22.30B | $22.13B | $22.19B | $21.95B | $21.84B | +0.8% |
| Total current liabilities | $1.74B | $1.60B | $1.54B | $1.07B | $1.44B | +8.8% |
| Current debt | $915.79M | $769.72M | $739.61M | $234.98M | $664.64M | +19.0% |
| Long-term debt | $8.11B | $8.59B | $8.59B | $8.49B | $8.00B | -5.6% |
| Total debt | $9.19B | $9.52B | $9.49B | $8.89B | $8.83B | -3.5% |
| Total liabilities | $10.07B | $10.41B | $10.36B | $9.79B | $9.67B | -3.3% |
| Retained earnings | $242.19M | $339.63M | $371.16M | $638.90M | $595.53M | -28.7% |
| Shareholder equity | $12.02B | $11.49B | $11.61B | $11.94B | $11.95B | +4.6% |
| Working capital | -$1.49B | -$1.31B | -$1.19B | -$746.13M | -$1.14B | -14.2% |
| Net tangible assets | $12.02B | $11.49B | $11.61B | $11.94B | $11.95B | +4.6% |
| Shares issued | 396.26M | 388.54M | 391.25M | 395.47M | 397.67M | +2.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | $156.89M | $328.29M | $165.99M | $384.16M | $269.86M | -52.2% |
| Depreciation & amortisation | $232.97M | $233.10M | $233.39M | $230.37M | $231.73M | -0.1% |
| Stock-based compensation | $8.03M | $5.70M | $5.19M | $7.15M | $8.46M | +40.9% |
| Change in working capital | -$41.91M | $13.32M | -$19.48M | $70.08M | -$38.51M | -414.7% |
| Operating cash flow | $364.14M | $418.93M | $400.43M | $476.96M | $377.81M | -13.1% |
| Capital expenditure | -$77.61M | -$59.97M | -$78.62M | -$75.40M | -$62.29M | -29.4% |
| Investing cash flow | -$416.90M | -$48.98M | -$467.29M | -$101.87M | -$395.35M | -751.2% |
| Share buybacks | $0 | -$198.48M | -$336.27M | -$151.85M | $0 | +100.0% |
| Dividends paid | -$249.49M | -$249.30M | -$249.45M | -$250.23M | -$248.97M | -0.1% |
| Financing cash flow | $7.79M | -$431.94M | $98.05M | -$348.57M | $93.80M | +101.8% |
| Free cash flow | $286.53M | $358.97M | $321.81M | $401.56M | $315.52M | -20.2% |
| End cash position | $246.12M | $291.09M | $353.08M | $321.89M | $295.37M | -15.5% |
Options analytics
Put / call volume
0.21
Call-heavy session
Put / call open interest
1.09
Positioning, not flow
Max pain
62.50
+3.5% from spot
ATM implied vol
27.8%
Nearest strike to spot
Skew (10% OTM)
-14.2%
Calls bid over puts
Call volume
178
Contracts, this expiry
Put volume
38
Contracts, this expiry
Heaviest call OI
72.50
806 contracts
Heaviest put OI
62.50
889 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | — | 1.11 | — |
| Mar 2026 | — | 1.04 | — |
| Dec 2025 | — | 1.16 | — |
| Sep 2025 | — | 1.40 | — |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.19 | 4 | $1.35B | — |
| Next quarter | 0.44 | 6 | $1.59B | — |
| Current year | 1.48 | 4 | $4.36B | — |
| Next year | 1.47 | 7 | $6.48B | +48.7% |
Analyst targets & ownership
Mean target$73.44
High target$80.00
Low target$66.00
Implied upside21.29%
Analyst count19
ConsensusBUY
Strong buy / Buy1 / 9
Hold11
Sell / Strong sell0 / 0
Held by insiders0.48%
Held by institutions49.46%
Institutions holding1.11K
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
60.77
-0.37% from price
SMA 20
62.31
-3.11% from price
SMA 50
64.60
-6.55% from price
SMA 100
65.92
-8.14% from price
SMA 200
64.05
-5.74% from price
EMA 12
61.13
-0.95% from price
EMA 26
62.53
-3.16% from price
EMA 50
63.88
-5.21% from price
RSI (14)
35.1
Neutral
MACD (12,26,9)
-1.40
Hist -0.11
ATR (14)
1.19
1.98% of price
Realised vol 30D
19.4%
Annualised
Bollinger upper
66.36
20, 2σ
Bollinger lower
58.26
20, 2σ
50 / 200 cross
Golden
64.60 vs 64.05
Trend bias
Below 200
-5.74%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.15
Less volatile than market
Correlation to SPY
0.09
Largely independent
Realised vol 30D
19.4%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-14.8%
Peak to trough
Max drawdown 5Y
-43.0%
Peak to trough
ATR 14
1.19
1.98% of price
Beta (reported)
0.57
5Y monthly, from filing
Short interest
Shares short
17.88M
Prior 3.29M
Change vs prior
+444.1%
Shorts adding
% of float
2.70%
Normal
% of shares out
2.31%
Against total outstanding
Days to cover
2.8
Liquid
Float
—
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 21, 26 | Evercore ISI Group | MAINTAINED | In-Line | In-Line |
| Sep 17, 26 | Scotiabank | MAINTAINED | Sector Perform | Sector Perform |
| Sep 17, 26 | BTIG | MAINTAINED | Neutral | Neutral |
| Sep 15, 26 | UBS | INITIATED | — | Buy |
| Sep 8, 26 | Mizuho | UPGRADE | Neutral | Outperform |
| Sep 2, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Aug 26, 26 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Aug 26, 26 | Keybanc | INITIATED | — | Sector Weight |
| Aug 24, 26 | JP Morgan | INITIATED | — | Neutral |
| Aug 24, 26 | BMO Capital | MAINTAINED | Market Perform | Market Perform |
| Aug 21, 26 | Wells Fargo | INITIATED | — | Overweight |
| Aug 19, 26 | Stifel | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate$2.81 / yr
Forward yield4.68%
5-year avg yield3.37%
Payout ratio96.98%
Ex-dividend dateOct 5, 2026
Next pay dateOct 16, 2026
Last split2:1
Split dateOct 12, 2001
SEC filings
Headlines
Why US Residential REIT Stocks Still Look Resilient Under Higher Rates
Simply Wall St. · 1d ago
M&A Megadeals Mask a Slowdown in CRE Transaction Volume
CRE Daily · 6d ago
Vivmark Residential Declares Third Quarter Dividends
Business Wire · 12d ago
Vivmark Residential Publishes Updated Investor Presentation and Provides Operating Update
Business Wire · 21d ago
Vivmark Residential to Participate in Bank of America Global Real Estate Conference
Business Wire · 28d ago
True Ground Housing Partners Receives $1.5 Million from Vivmark Residential to Strengthen Resident Services Across the Region
PR Newswire · 42d ago
Is Vivmark Residential (VMRK) Undervalued Following Its Index Exits And Financing Moves?
Simply Wall St. · 45d ago
Vivmark Becomes Largest US Apartment REIT After Merger
CRE Daily · 49d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.