AVALONBAY COMMUNITIES INC (AVB) Form 8-K — Jul 23, 2026
AvalonBay Communities reported second quarter 2026 Core FFO of $2.86 per share, exceeding the prior year's $2.82, while GAAP EPS decreased to $1.11 from $1.88 due to a decline in real estate gains. The company increased its full-year Same Store NOI outlook, driven by stronger rent growth and lower operating expenses. Due to the pending all-stock merger of equals with Equity Residential (EQR), AvalonBay suspended its guidance for EPS, FFO, and Core FFO. The combined company is expected to have a pro forma equity market capitalization of approximately $53 billion, with special shareholder meetings scheduled for August 12, 2026.
Key figures
- Eps
- 1.11
- Revenue
- 777768000
- Net Income
- 156893000
- Ffo Per Share
- 2.73
- Core Ffo Per Share
- 2.86
- Same Store NOIGrowth
- 1.0%
- Same Store Revenue Growth
- 1.6%
Price after filing
Close on the filing date to close N calendar days later (from $190.65). Historical, not a forecast.
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