AVB

Stock futures are steady Friday after the S&P 500 closed at a record high yesterday; semiconductor stocks are on the cusp of entering a bull market; Reddit stock is popping on news of its inclusion in the S&P 500; Applied Materials shares are slipping despite strong results; and Elon Musk disclosed a nearly 50% stake in SpaceX. Here's what you need to know today.

ARLINGTON, Va. & CHICAGO--(BUSINESS WIRE)--AvalonBay Communities, Inc. (“AvalonBay”) (NYSE: AVB) and Equity Residential (NYSE: EQR) today announced that at their respective special meetings, AvalonBay stockholders and Equity Residential shareholders overwhelmingly approved all of the proposals necessary to close the pending merger of equals between AvalonBay and Equity Residential (the “merger”). More than 99% of the votes cast at the AvalonBay special meeting voted to approve the merger, which.

AvalonBay Communities is rated 'Hold' due to unattractive valuation and persistent structural headwinds, despite the upcoming merger with Equity Residential. The all-stock merger forming Vivmark Residential offers scale and potential $175M in synergies, but integration risks and divergent business models pose challenges. Current AVB pricing at ~$185/share reflects a premium; a fair entry is closer to $160/share (15–16x P/AFFO), given muted AFFO growth expectations.

ARLINGTON, Va. & CHICAGO--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) and Equity Residential (NYSE: EQR) today announced Vivmark Residential as the name for the combined company to be created through their merger of equals. Vivmark Residential will be the preeminent multifamily real estate company with a pro forma equity market capitalization of approximately $53 billion and an enterprise value of approximately $71 billion, with more than 180,000 rental apartments and over 10,000 a.

AVB tops Q2 core FFO estimates, raises its same-store outlook and advances development plans as it moves closer to its proposed merger.

ARLINGTON, Va.--(BUSINESS WIRE)--AvalonBay Communities, Inc. (NYSE: AVB) (the “Company”) reported Earnings per Share – diluted (“EPS”), Funds from Operations attributable to common stockholders - diluted (“FFO”) per share and Core FFO per share (as defined in this release) for the three and six months ended June 30, 2026 and 2025 as detailed below.       Q2 2026   Q2 2025   % Change EPS   $ 1.11   $ 1.88   (41.0 )% FFO per share (1) $ 2.73   $ 2.80   (2.5 )% Core FFO per share (1) $ 2.86   $ 2.

Get a deeper insight into the potential performance of AvalonBay (AVB) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

AVB heads into Q2 with strong occupancy and firmer leasing as U.S. apartment demand outpaces supply, but rising interest costs remain a headwind.

ARLINGTON, Va.--(BUSINESS WIRE)--AVALONBAY COMMUNITIES, INC. (NYSE: AVB) (the “Company”) will release its second quarter 2026 earnings on July 22, 2026 after the market close. In light of the Company's previously announced merger of equals with Equity Residential (NYSE: EQR), the Company will not hold a conference call to discuss its second quarter 2026 financial results. The Company will provide an investor presentation in connection with its earnings release, which will be posted on the Compa.

CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its second quarter 2026 operating results on July 22, 2026, after the market close. In light of the Company's previously announced merger of equals with AvalonBay Communities, Inc. (NYSE: AVB), the Company will not hold a conference call to discuss its second quarter 2026 financial results. The Company will provide an investor presentation that will be posted to the investor section of the Com.