Vivmark Residential
VMRK on NYSE. Vivmark Residential owns and rents apartments to people in U.S. cities. Market value $22.5bn.
Price checks use the past 12 months to June 2026. Some use the latest annual report instead, as marked. Quality checks use five annual reports, the latest for the year to December 2025.
Capital spending looks too small to be complete, so we leave free cash flow out.
The company doesn't report operating profit, so we work it out from pre-tax profit and interest.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Real estate stocks that passed both tests
This is not advice. Check the numbers below.
We could not compute this from the filings.
You pay 25.5 years of operating profit for the business. The average large US company costs around 18.
Each dollar kept in the business earns 6 cents a year. Above 10 is good.
Quality score: not known. Price score: 46 of 100. Our list needs 70 on quality and 60 on price.
$60.37 a share, 5% above its 1-year low
Over the past year the price has ranged from $57.57 to $71.50.
Dividend: 4.6% a year
Paid every year for at least 5 years
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | n/a | n/a | n/a | n/a | n/a |
| Operating margin | |||||
| Operating margin | n/a | n/a | n/a | n/a | n/a |
| Debt to equity | |||||
| Debt to equity | 0.86 | n/a | 0.72 | 0.80 | 0.81 |
| Shares outstanding | |||||
| Shares outstanding | 0.38bn | 0.38bn | 0.38bn | 0.38bn | 0.37bn |
Health checks
- Free cash flow positive1 of 1 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)Not enough data
- Profit backed by cash (accruals)Yes
- Debt0.81× equity
- Revenue growth, five yearsUnknown
- Buying back its own sharesRoughly flat
The quarter to June 2026
How the business did, compared with the same quarter a year earlier.
- Profit: $114 million, down 41% on a year ago.
- 2% fewer shares than a year ago. Each share owns a bit more of the company.
| Quarter to | Amount |
|---|---|
| September 2024 | $143m |
| December 2024 | $419m |
| March 2025 | $257m |
| June 2025 | $192m |
| September 2025 | $289m |
| December 2025 | $382m |
| March 2026 | $90m |
| June 2026 | $114m |
From the company's quarterly reports to the SEC.
Dates
- Next results (estimated)
- 21 October 2026
- Last annual report (10-K)
- 13 February 2026
- Next quarterly (estimated, 10-Q)
- 29 October 2026
Who owns it
5 long-term investors we follow own it, unchanged from 5 last quarter. 712 funds in all.
| Fund | Value | Share of that fund | Change |
|---|---|---|---|
| First Eagle Investment ManagementMatthew McLennan | $1.3bn | 1.1% | Added |
| Boston PartnersBoston Partners team | $124m | 0.1% | Cut |
| Gotham Asset ManagementJoel Greenblatt | $10m | <0.1% | Cut |
| Davis Selected AdvisersChris Davis | $6m | <0.1% | Cut |
| GAMCO InvestorsMario Gabelli | $2m | <0.1% | Cut |
Largest holders overall
- BlackRock$3.1bnAdded
- Norges Bank$2.4bnNew
- Vanguard Portfolio Management$2.1bn
- State Street$1.6bn
- Vanguard Capital Management$1.6bnAdded
- First Eagle Investment Management$1.3bnAdded
- Price T Rowe Associates$1.2bnCut
- APG Asset Management US$745m
- Geode Capital Management$718m
- FMR$473mAdded
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
3 investors own more than 5%.
- BlackRock, Inc.Passive investor10.1%+0.2 ptsSince 31 October 2025
- Vanguard Portfolio ManagementPassive investor8.3%Since 31 March 2026
- Vanguard Capital ManagementPassive investor7.0%Since 31 March 2026
- T. Rowe Price Associates, Inc.Passive investorSold down below 5%Since 31 March 2026
- The Vanguard GroupPassive investorSold down below 5%Since 13 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
BlackRock, Inc. Passive investor | 10.1%+0.2 pts | 31 October 2025 | |
Vanguard Portfolio Management Passive investor | 8.3% | 31 March 2026 | |
Vanguard Capital Management Passive investor | 7.0% | 31 March 2026 | |
T. Rowe Price Associates, Inc. Passive investor | Sold down below 5% | 31 March 2026 | |
The Vanguard Group Passive investor | Sold down below 5% | 13 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 10 sold $5m.
- Carr ChrisDirectorSold
- Date
- 9 September 2026
- Shares
- 1,130
- Price
- $65.28
- Value
- $73,766
- Willson Sean ThomasSenior Vice President & CAOSold
- Date
- 21 August 2026
- Shares
- 300
- Price
- $66.31
- Value
- $19,893
- Willson Sean ThomasSenior Vice President & CAOSold
- Date
- 19 August 2026
- Shares
- 250
- Price
- $64.32
- Value
- $16,080
- SCHULMAN EDWARD MEVP, Legal AffairsSold
- Date
- 18 August 2026
- Shares
- 16,595
- Price
- $64.29
- Value
- $1m
- Swanezy SusanDirectorSold
- Date
- 18 August 2026
- Shares
- 15,700
- Price
- $63.80
- Value
- $1m
- MUELLER CHARLES E JRDirectorSold
- Date
- 18 August 2026
- Shares
- 8,000
- Price
- $63.90
- Value
- $511,200
- Howard Christopher B.DirectorSold
- Date
- 18 August 2026
- Shares
- 8,486
- Price
- $64.00
- Value
- $543,104
- Manelis Michael LExecutive Vice President & COOSold
- Date
- 17 August 2026
- Shares
- 7,825
- Price
- $64.31
- Value
- $503,226
- Manelis Michael LExecutive Vice President & COOSold
- Date
- 18 February 2026
- Shares
- 2,429
- Price
- $63.56
- Value
- $154,387
- Kaufman IanChief Accounting OfficerSold
- Date
- 18 February 2026
- Shares
- 909
- Price
- $63.56
- Value
- $57,776
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 9 September 2026 | Carr Chris Director | Sold | 1,130 | $65.28 | $73,766 |
| 21 August 2026 | Willson Sean Thomas Senior Vice President & CAO | Sold | 300 | $66.31 | $19,893 |
| 19 August 2026 | Willson Sean Thomas Senior Vice President & CAO | Sold | 250 | $64.32 | $16,080 |
| 18 August 2026 | SCHULMAN EDWARD M EVP, Legal Affairs | Sold | 16,595 | $64.29 | $1m |
| 18 August 2026 | Swanezy Susan Director | Sold | 15,700 | $63.80 | $1m |
| 18 August 2026 | MUELLER CHARLES E JR Director | Sold | 8,000 | $63.90 | $511,200 |
| 18 August 2026 | Howard Christopher B. Director | Sold | 8,486 | $64.00 | $543,104 |
| 17 August 2026 | Manelis Michael L Executive Vice President & COO | Sold | 7,825 | $64.31 | $503,226 |
| 18 February 2026 | Manelis Michael L Executive Vice President & COO | Sold | 2,429 | $63.56 | $154,387 |
| 18 February 2026 | Kaufman Ian Chief Accounting Officer | Sold | 909 | $63.56 | $57,776 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
- It isn't cheap on profits: 25.5× operating profit.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.