Equity Residential's core coastal multifamily portfolio continues to generate steady revenue growth of 2.1% YoY in 2026Q2, supported by NOI margins near 61.4%, though FFO per share has declined 46% from $1.75 in 2024Q4 to $0.94 in 2026Q2, reflecting non-cash depreciation and one-time items.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth held steady at 2.1% YoY in 2026Q2 with NOI margin at 61.4%, down from 63.8% in 2024Q4, reflecting localized cost pressures in property taxes and insurance.
Equity Residential owns and operates a significant portfolio of apartment properties in urban and high-density suburban markets across the U.S. The company has demonstrated strong operational performance, with high occupancy rates and record-low resident turnover, highlighted by a 2.2% increase in same-store revenues in Q1 2026 and a historic low resident turnover rate of 7.8%.
Analysts project continued growth for Equity Residential, with same-store net operating income (SSNOI) expected to grow by 2.6% in 2025 and same-store revenue increasing by 3.0%. The easing of new apartment supply in EQR's markets is anticipated to lead to a decline in concessions and restore pricing power, particularly in the latter half of 2026.
EQR stock is currently considered undervalued, with its GF Value™ estimated at $70.16, while the current price of $65.15 represents a 7.1% discount. Additionally, the current P/E ratio of 22.24x is significantly lower than its 5-year median P/E of 26.33x, indicating it's trading at a discount to its historical valuation.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 22, 2026 | $0.30-31.4% vs $0.44 | $785M-0.3% vs $787M |
Q2 2026 Apr 28, 2026 | $0.24-15.5% vs $0.28 | $780M-0.2% vs $782M |
Q1 2026 Feb 5, 2026 | $1.03-1.0% vs $1.04 | $782M-0.5% vs $786M |
Q4 2025 Oct 28, 2025 | $0.76+77.7% vs $0.43 | $782M+0.4% vs $779M |
Vivmark (VMRK) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.76 per share a year ago.
ARLINGTON, Va. & CHICAGO--(BUSINESS WIRE)--Vivmark Residential (NYSE: VMRK) ("Vivmark" or the "Company") today reported results for the three and nine months ended September 30, 2026 as detailed below. Commenting on the Company's performance, Benjamin W. Schall, President and CEO of the Company, said, “In our first quarter as Vivmark, we delivered operating results ahead of plan and are increasing our expectations for synergies and upfront value creation. In addition to these strong financial r.
Heavy AI capex hit free cash flows at Alphabet and Meta, while Microsoft and Amazon faced mounting concerns over compressed margins, search cannibalization, and agentic commerce disruption. With Apple reporting on an unusual Monday schedule, nine S&P 500 firms confirmed delayed reporting dates, a historical indicator of potential bad news ahead. This marks the second week of Q3 earnings season, with 2,465 companies expected to report and overall S&P 500 EPS growth holding at a robust 29.5%.
REITs, as measured by VNQ, have pulled back ~6% from July highs amid rising interest rates, now trading at meaningful discounts to NAV. Public REITs' low leverage and fixed-rate debt position them to benefit from declining new supply and potential rent growth over 2027-2028. Current market dislocation reflects capital market volatility, not deteriorating property fundamentals; transaction markets remain frozen due to wide bid-ask spreads.
Benchmark VMRK against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Vivmark Residential (VMRK)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $65.51 | $50.69B | -257.71 | 4.06% | -4.19% | -0.85% | 4.11% | |
| $272.18 | $17.49B | 50.00 | 7.11% | 17.99% | 6.28% | 3.73% | |
| $36.58 | $11.89B | 16.98 | 2.42% | 40.75% | 19.52% | 4.69% | |
| $99.44 | $10B | 9.24 | 1.92% | 71.53% | 26.22% | 4.27% | |
| $118.93 | $13.84B | 35.57 | 0.83% | 17.43% | 6.86% | 5.09% | |
| $15.00 | $3.54B | 57.36 | 2.76% | 9.19% | 1.75% | 4.38% |
Vivmark Residential (VMRK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Vivmark Residential (VMRK) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 5, 2026·SEC
Sep 17, 2026·SEC
Sep 16, 2026·SEC
Get notified when VMRK posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
Vivmark Residential (VMRK) stock FAQ — growth, dividends, profitability & financials explained
Vivmark Residential (VMRK) reported $3.55B in revenue over the trailing twelve months. Revenue was $3.10B in fiscal year 2025. That is 548% more than the $478.4M of fiscal year 1996.
Vivmark Residential (VMRK) grew revenue by 15.3% over the trailing twelve months, compared with the twelve months before.
No. Vivmark Residential (VMRK) reported a net loss of $148.8M over the trailing twelve months.
Yes. Vivmark Residential (VMRK) pays a dividend that yields 4.11% at the current price, a high yield.
Vivmark Residential (VMRK) had a return on equity (ROE) of -0.9% over the trailing twelve months. A negative ROE means the company lost money over the period.
Vivmark Residential (VMRK) generated $1.29B in free cash flow in fiscal year 2025.
