---
title: Vivmark Residential (VMRK) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/vmrk
ticker: VMRK
as_of: 2026-10-17
sector: Real Estate
industry: REIT - Residential
---
# Vivmark Residential (VMRK)

Vivmark Residential (VMRK) closed at $61.26 on Oct 16, 2026, undervalued by 10% vs its model value of $67.78 (from its own five-year median price to Cash FFO).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $61.26 (Oct 16, 2026) |
| Model value (from its own five-year median price to Cash FFO) | $67.78 |
| Price vs model | undervalued by 10% vs model |
| Range of that model | $63.07 – $76.24 |
| Market value | $23.0B |
| P/E (fiscal 2025) | 41.7 |
| Net margin (fiscal 2025) | 36.1% |
| Free cash flow (fiscal 2025) | — |
| Dividend yield (trailing twelve months) | 4.57% |
| Beta | 0.75 |
| Cost of capital (WACC) | 7.50% |
| Business classification | Dividend Payer (Low/slowing growth (~5% recent), High profitability (36% net margin), Strong dividend yield, Highly cyclical earnings, Strong FCF yield (5.6%)) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Highest dividend yield | #40 | 4.57% | https://sweetvaluelab.com/lists/highest-dividend-yield |
| Highest free cash flow yield | #21 | 11.6% | https://sweetvaluelab.com/lists/highest-free-cash-flow-yield |
| Near 52-week lows | #36 | +5.7% | https://sweetvaluelab.com/lists/near-52-week-lows |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 4.57% |
| Dividends per share, last 12 months | $2.80 |
| Dividends / FFO (fiscal 2025) | 49.1% |
| Raised | 4 years in a row |
| Growth over 5 years | 3.0% a year |
| Latest payment | $0.7025, ex-date Oct 5, 2026, paid Oct 16, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Sep 24, 2021 | $2.41 |
| To Sep 23, 2022 | $2.48 |
| To Sep 25, 2023 | $2.61 |
| To Sep 24, 2024 | $2.69 |
| To Sep 25, 2025 | $2.75 |
| Trailing twelve months (to Oct 5, 2026) | $2.80 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| P/Cash FFO · own history | primary | $67.78 | $63.07 | $76.24 |
| P/E · peers | cross check | $41.72 | $37.55 | $52.60 |
| P/E · own history | cross check | $70.38 | $61.06 | $83.02 |
| PEG | sanity check | $21.21 | $21.21 | $21.21 |
| EV/EBITDA · peers | cross check | $33.12 | $29.38 | $36.59 |
| EV/Revenue · peers | cross check | $0.00 | $0.00 | $0.00 |
| Dividend discount | cross check | $78.96 | $53.97 | $120.13 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 4 open-market sales ($1.2M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Sep 9, 2026 | NEITHERCUT DAVID J | Director | Bona fide gift | 1,325 | $0 |
| Sep 9, 2026 | NEITHERCUT DAVID J | Director | Bona fide gift | 1,325 | $0 |
| Sep 9, 2026 | NEITHERCUT DAVID J | Director | Bona fide gift | 1,322 | $0 |
| Sep 9, 2026 | NEITHERCUT DAVID J | Director | Bona fide gift | 1,322 | $0 |
| Sep 9, 2026 | NEITHERCUT DAVID J | Director | Bona fide gift | 1,325 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Sep 17, 2026 | 8-K | 8.01 Other Events | https://www.sec.gov/Archives/edgar/data/906107/000119312526394451/vmrk-20260916.htm |
| Sep 16, 2026 | 8-K | 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/906107/000119312526392188/vmrk-20260915.htm |
| Sep 9, 2026 | 8-K | 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/906107/000119312526385969/vmrk-20260909.htm |
| Aug 17, 2026 | 8-K | 1.01 Entry into a Material Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/906107/000119312526354068/d372623d8k.htm |
| Aug 17, 2026 | S-8 | Employee stock plan registration | https://www.sec.gov/Archives/edgar/data/906107/000114036126033391/ef20080319_s8.htm |

## About

Vivmark Residential is a real estate investment trust (REIT) and S&P 500 company formed through the August 2026 merger of equals between Equity Residential and AvalonBay Communities. The company focuses on the ownership, development, and management of high-quality apartment communities in premier U.S. markets, including major coastal cities and high-growth metro areas. Vivmark's portfolio consists of over 184,000 apartment homes with a substantial development pipeline. [25, 28, 40]

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Source: https://sweetvaluelab.com/stocks/vmrk (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.