{"filings":[{"id":2300278,"accession_number":"0001104659-26-097833","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2026-08-17T20:01:44+00:00","items":["2.01","3.01","3.03","5.01","5.02","5.03","7.01","8.01","9.01"],"status":"ready","headline":"AvalonBay-EQR merger closes; Vivmark Residential debuts on NYSE as VMRK","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger of equals completed Aug 17, 2026; AvalonBay shareholders receive 2.793 Vivmark shares per AVB share.","Vivmark begins trading Aug 18 on NYSE under VMRK; ~$51B equity market cap, ~$70B enterprise value.","Combined portfolio: 184,000+ apartments, 11,100 under construction, $4.4B development pipeline.","Benjamin Schall (ex-AvalonBay CEO) named CEO; Stephen Sterrett Chairman; dual HQ Arlington, VA and Chicago.","AvalonBay delisted from NYSE; ERP Operating Partnership assumes debt obligations via supplemental indentures."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":"2026-08-17","daily_digest_url":"/daily/2026-08-17","daily_digest_rank":3},{"id":2217758,"accession_number":"0001104659-26-094930","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2026-08-12T20:30:44+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"AvalonBay shareholders approve merger with Equity Residential; close expected Aug 17","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["AvalonBay stockholders approved merger with >99% of votes cast, representing ~90% of outstanding shares.","Each AVB share converts to 2.793 EQR shares; merger expected to close August 17, 2026.","Combined company renamed Vivmark Residential, trading as VMRK on NYSE from August 18, 2026.","Equity Residential shareholders also approved share issuance; both companies announced joint results.","Merger-related compensation and adjournment proposals approved at AvalonBay special meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":"2026-08-12","daily_digest_url":"/daily/2026-08-12","daily_digest_rank":2},{"id":1997205,"accession_number":"0001104659-26-089277","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2026-07-31T20:59:36+00:00","items":["8.01"],"status":"ready","headline":"AvalonBay and Equity Residential supplement merger proxy with additional financial details and prior discussions","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Three shareholder complaints filed in NY and Cook County alleging proxy disclosure deficiencies; companies deny merit but voluntarily supplement.","Supplement reveals prior merger discussions with an unnamed publicly traded multifamily company (Company A) in May 2024.","Morgan Stanley DCF for Equity Residential implied per-share value range $70.57–$92.64; for AvalonBay $200.76–$269.16.","Goldman Sachs pro forma combined DCF implies $179.69–$218.40 per AvalonBay share using 787.5M pro forma shares and 2.793 exchange ratio.","Goldman Sachs standalone DCF for AvalonBay $171.63–$209.67; for Equity Residential $59.72–$71.88."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1811716,"accession_number":"0000915912-26-000018","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2026-07-23T11:03:42+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q2 Core FFO $2.86 beats guidance; suspends outlook due to proposed merger with Equity Residential","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 2026 Core FFO per share $2.86, up 1.4% YoY and above April guidance midpoint of $2.77.","EPS $1.11, down 41% YoY due to lower real estate gains and higher depreciation.","Same Store Residential NOI outlook increased; Q2 results exceeded expectations.","Company suspends EPS, FFO, and Core FFO outlook for remainder of 2026 due to proposed merger with Equity Residential.","CEO cites strong Q2 and excitement for combination with Equity Residential to create premier rental housing company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":918126,"accession_number":"0001104659-26-071367","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2026-06-08T20:05:30+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay and Equity Residential announce combined company leadership team; Schall named CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Benjamin Schall (AvalonBay CEO) to lead combined company as President & CEO; Steve Sterrett as Board Chair.","Key appointments: Michael Manelis (COO from EQR), Kevin O'Shea (CFO from AVB), Matthew Birenbaum (Chief Dev from AVB).","Sean Breslin (Chief Inv & Growth from AVB), Scott Fenster (GC from EQR), Pamela Thomas (Portfolio from AVB), Alaine Walsh (HR from AVB).","Ted Schulman (AVB GC) to serve as EVP Legal Affairs then senior advisor through integration.","Merger expected to close in second half 2026; dual HQ in Arlington, VA and Chicago, IL."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":610477,"accession_number":"0001104659-26-065770","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2026-05-22T20:33:55+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"AvalonBay stockholders approve 2026 Equity Incentive Plan, re-elect all directors","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders approved new 2026 Equity Incentive Plan with 4,000,000 shares reserved, replacing expiring Prior Plan.","All 12 incumbent directors re-elected; say-on-pay advisory vote passed with ~95% support.","Ernst & Young ratified as independent auditor for FY 2026 with 94.9% votes in favor.","Company to file Form S-8 to register shares under new plan; prior plan shares to be deregistered."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":563196,"accession_number":"0001104659-26-064781","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2026-05-21T10:12:12+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"AvalonBay and Equity Residential agree to all-stock merger; AVB holders get 2.793 EQR shares","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each AvalonBay share converts to 2.793 Equity Residential common shares; combined co will have new name.","Board of 14: 7 from each company; Stephen Sterrett Chairman, Benjamin Schall CEO of combined entity.","Termination fees: AVB pays ~$1.070B, EQR pays ~$1.005B under certain conditions.","Dividends capped during pendency: AVB $1.78/quarter, EQR $0.7025/quarter; must maintain REIT status.","Closing expected by May 20, 2027, subject to stockholder approvals, tax opinions, and other conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99730,"accession_number":"0000915912-26-000010","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2026-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Communities Reports Q1 2026 EPS Up 40.4% to $2.33, Core FFO Flat at $2.83","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2026 EPS rose 40.4% to $2.33 from $1.66 year-over-year.","Core FFO per share was flat at $2.83; FFO per share declined 2.2% to $2.72.","Same Store Residential NOI increased 0.2% to $479.9M on revenue growth of 1.6%.","Completed development of Avalon Lake Norman (345 homes) in Mooresville, NC for $102M total cost.","Company reaffirms full-year 2026 Core FFO and FFO outlook; updates EPS outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":2.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":770279000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115906,"accession_number":"0000915912-26-000002","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q4 EPS $1.17 (-41% YoY); Core FFO $2.85 (+1.8%); dividend up 1.7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2025 EPS $1.17 vs $1.98 prior year (-40.9%); full-year EPS $7.40 vs $7.60 (-2.6%).","Q4 FFO per share $2.80 (+6.5%); Core FFO $2.85 (+1.8%). Full-year FFO $11.40 (+3.8%); Core FFO $11.24 (+2.1%).","Dividend increased 1.7% (specific per-share amount not provided in excerpt).","Initial 2026 outlook provided (no detailed guidance figures in filing excerpts)."],"consensus_eps_estimate":null,"consensus_eps_actual":7.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":3040725000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132320,"accession_number":"0001104659-25-117327","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2025-12-01T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay closes $400M public offering of 4.350% Senior Notes due 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Closed $400M public offering of 4.350% Senior Notes due December 1, 2030.","Net proceeds of ~$396.5M will be used for working capital, share repurchases, commercial paper repayment, and development.","Interest payable semi-annually; first payment due June 1, 2026.","Issued under base indenture with U.S. Bank Trust as trustee; underwriting led by J.P. Morgan, Goldman Sachs, Mizuho, Morgan Stanley."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132319,"accession_number":"0001104659-25-109176","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"AvalonBay appoints Kimco CEO Conor C. Flynn to its Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Conor C. Flynn, CEO of Kimco Realty, appointed to AvalonBay's Board effective Nov 10, 2025.","Flynn has been Kimco's CEO since 2016; previously served as President, COO, and other senior roles.","Board determined Flynn is an independent director; no committee assignments yet.","Flynn holds a B.A. from Yale and a Master's in Real Estate Development from Columbia."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132318,"accession_number":"0000915912-25-000022","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q3 2025 EPS $2.68 beats forecast; Core FFO $2.75 slightly below midpoint","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 EPS $2.68, FFO per share $3.01, Core FFO $2.75; YoY: EPS +2.7%, FFO +4.5%, Core FFO +0.4%.","EPS of $2.68 exceeded July outlook midpoint of $2.46; FFO beat $2.77 midpoint.","Core FFO per share $2.75 slightly below July outlook midpoint of $2.80.","YTD 2025 EPS $6.22, FFO $8.60, Core FFO $8.40; YoY increases of 10.7%, 2.9%, 2.3%."],"consensus_eps_estimate":null,"consensus_eps_actual":6.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":2272869000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148895,"accession_number":"0000915912-25-000016","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q2 2025 EPS $1.88, FFO $2.80; Core FFO of $2.82 beats April outlook midpoint of $2.77","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["EPS $1.88, up 5.6% YoY; FFO per share $2.80, up 1.8% YoY.","Core FFO per share $2.82, above April outlook midpoint of $2.77.","Same Store Residential NOI contributed $0.09 per share increase vs Q2 2024.","YTD 2025 EPS $3.54, up 18% YoY; FFO per share $5.59, up 2.0%.","Updated full-year 2025 outlook issued (specific guidance not provided in release)."],"consensus_eps_estimate":null,"consensus_eps_actual":3.54,"consensus_revenue_estimate":null,"consensus_revenue_actual":1506075000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148894,"accession_number":"0001104659-25-067013","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2025-07-10T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay closes $400M offering of 5.000% Senior Notes due 2035","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $400M principal amount of 5.000% Senior Notes maturing August 1, 2035.","Net proceeds of about $393.9M after underwriting discount and expenses.","Interest payable semi-annually on Feb 1 and Aug 1 starting Feb 1, 2026.","Proceeds to be used for working capital, general corporate purposes, and may repay outstanding commercial paper.","Underwriters include Wells Fargo Securities, Barclays Capital, Scotia Capital, and Truist Securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167807,"accession_number":"0001104659-25-051999","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"AvalonBay shareholders re-elect 11 directors, approve say-on-pay and auditor ratification","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 11 director nominees elected; highest vote total for Stephen P. Hills at 128,014,089 for, lowest for Susan Swanezy at 120,711,295 for.","Say-on-pay passed with 121,084,118 for vs 6,909,826 against; 438,875 abstentions.","Ernst & Young ratified as auditor for FY2025: 125,075,242 for, 7,920,711 against, 18,199 abstentions.","Broker non-votes: 4,581,333 on director elections and say-on-pay; none on auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167806,"accession_number":"0000915912-25-000010","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q1 Core FFO $2.83 beats midpoint; reaffirms full-year 2025 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2025 EPS $1.66 vs $1.22 YoY (+36.1%); Core FFO per share $2.83 vs $2.70 (+4.8%).","Same Store Residential NOI $478.3M, +2.6% YoY on 3.0% revenue growth partially offset by 4.0% expense growth.","Core FFO beat Feb 2025 outlook midpoint by $0.03, driven by favorable Same Store NOI and capital markets activity.","Began construction of two wholly-owned communities (Avalon Parker, CO and Avalon North Palm Beach, FL) with $240M total capital cost.","Reaffirmed full-year 2025 EPS, FFO, and Core FFO outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":1.66,"consensus_revenue_estimate":null,"consensus_revenue_actual":745880000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167805,"accession_number":"0001104659-25-032276","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2025-04-04T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"AvalonBay ups revolver to $2.5B, adds $450M term loan, CP program to $1B","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Seventh Amended Revolver: $2.5B (up from $2.25B), matures 3-Apr-2030, accordion to $3.0B; spread SOFR+0.725%.","$450M term loan facility matures 3-Apr-2029, fully hedged via swaps to fixed 4.47% effective rate.","Commercial paper program increased from $500M to $1.0B, backstopped by revolver capacity.","No outstanding borrowings under either facility as of 3-Apr-2025.","Covenants unchanged: total debt/capitalization, EBITDA/debt service, secured leverage, unsecured/asset value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185069,"accession_number":"0000915912-25-000003","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q4 EPS $1.98 (+16.5% YoY); Core FFO $2.80 (+2.2% YoY)","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Q4 2024 EPS $1.98, up 16.5% from $1.70 in Q4 2023; full-year EPS $7.60 vs $6.56.","Q4 Core FFO per share $2.80, up 2.2% from $2.74; full-year Core FFO $11.01 vs $10.63.","FFO per share flat at $2.63 in Q4; full-year FFO $10.98 vs $10.32 (+6.4%).","Press release announces a dividend increase and initial 2025 outlook (specifics not in filed excerpt)."],"consensus_eps_estimate":null,"consensus_eps_actual":7.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":2913757000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201670,"accession_number":"0000915912-24-000019","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q3 EPS $2.61, FFO $2.88, Core FFO $2.74; raises FY 2024 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 2024 EPS of $2.61, up 115.7% YoY; FFO per share $2.88 (+16.1%); Core FFO per share $2.74 (+3.0%).","Same Store Residential NOI contributed $0.06 per share YoY increase; other Residential NOI added $0.11.","Non-core items drove a $0.32 per share EPS benefit in Q3; real estate gains and depreciation added $1.00.","Company raised full-year 2024 outlook; Q3 Core FFO beat July midpoint of $2.71 by $0.03.","YTD 2024 Core FFO per share $8.21 vs. $7.89 YoY, up 4.1%."],"consensus_eps_estimate":null,"consensus_eps_actual":5.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":2173208000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217664,"accession_number":"0001104659-24-098171","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-09-09T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay Communities enters forward sale for 3.68M shares at $219.73 each","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Agreement with Goldman Sachs, BofA, Deutsche Bank, Morgan Stanley to sell 3.2M shares; option for 480K shares exercised in full.","Initial forward price $219.73/share; physical settlement expected by Dec 31, 2025.","No immediate proceeds; net proceeds from settlement to fund land acquisitions, development, redevelopment, acquisitions, structured investments, and working capital.","Offering closed on Sept 9, 2024 under effective shelf registration statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217663,"accession_number":"0000915912-24-000013","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q2 2024 EPS down 31.3% YoY, Core FFO up 4.1%; raises FY outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP EPS $1.78 vs $2.59 Q2 2023, a 31.3% decline driven by lower real estate gains.","Core FFO per share $2.77 vs $2.66, up 4.1% YoY; YTD Core FFO $5.47 vs $5.23, up 4.6%.","Company raised full year 2024 outlook for EPS, FFO, and Core FFO.","Same Store Residential NOI contributed $0.09 per share increase vs Q2 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":3.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":1438900000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237555,"accession_number":"0001104659-24-068690","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-06-05T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"AvalonBay appoints Pamela R. Thomas as EVP-Portfolio and Asset Management, effective July 8, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Pamela R. Thomas appointed Executive Vice President-Portfolio and Asset Management.","Start date expected to be July 8, 2024, announced on June 5, 2024.","Will oversee portfolio and asset management functions for the company.","No details on predecessor or background of new executive provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237554,"accession_number":"0001104659-24-063013","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-05-17T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"AvalonBay re-elects all 11 directors, approves executive compensation and auditor ratification","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 11 director nominees re-elected; Susan Swanezy received least votes (108M for, 18M against).","Advisory vote on executive compensation passed with 120,668,161 for, 5,640,027 against, 664,601 abstentions.","Ratification of Ernst & Young as auditor for FY2024 approved: 124,472,277 for, 6,721,929 against, 94,212 abstentions.","Broker non-votes: 4,315,629 on proposals 1 and 2; none on proposal 3."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237553,"accession_number":"0001104659-24-061178","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-05-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay closes $400M 5.350% Senior Notes due 2034, net proceeds ~$395.2M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Closed public offering of $400M principal amount of 5.350% Senior Notes due 2034.","Net proceeds estimated at $395.2M after underwriting discount and expenses.","Interest payable semi-annually on June 1 and December 1, starting Dec 1, 2024; maturity June 1, 2034.","Proceeds to fund acquisitions, development, working capital, and possible repayment of commercial paper or credit facility.","Underwriting syndicate led by BofA Securities, PNC Capital Markets, RBC Capital Markets, and TD Securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237552,"accession_number":"0000915912-24-000009","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-04-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q1 2024 EPS $1.22 beats $1.11 outlook; Core FPO per share $2.70 (+5.1% YoY)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["EPS $1.22, up 16.2% YoY from $1.05; Core FFO $2.70 beat January mid-point outlook of $2.61.","Same Store Residential revenue $669M (+4.2% YoY); Same Store NOI $463.7M (+3.7%).","Same Store Residential operating expenses rose 5.2% to $205.5M, pressuring margins.","FFO per share $2.73 (+7.5% YoY); Core FFO $2.70 (+5.1%); both exceeded guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":1.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":712859000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255097,"accession_number":"0001104659-24-027117","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-02-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay files new $1B shelf registration; updates equity program with Nomura as forward seller","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed new automatic shelf registration statement on Form S-3, replacing the February 2021 shelf.","Continuous equity program (CEP) capacity remains $1B; $294M sold to date, $706M still available.","Added Nomura Securities International as Forward Seller and Nomura Global Financial Products as Forward Purchaser.","Amended sales agency financing agreement with BTIG, LLC to include Nomura as forward seller."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255096,"accession_number":"0001104659-24-016943","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-02-13T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Director W. Edward Walter to retire from AvalonBay Board at 2024 Annual Meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["W. Edward Walter informed the company of his retirement from the Board effective at the 2024 Annual Meeting of Stockholders.","Mr. Walter has served as a director since 2008, including as Lead Independent Director for four years.","Retirement is consistent with term limit expectations in Corporate Governance Guidelines and not based on any disagreement.","Mr. Walter previously chaired the Compensation Committee and the Investment and Finance Committee at various times."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255095,"accession_number":"0000915912-24-000002","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-02-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AVB Q4 Core FFO up 5.8% YoY to $2.74; dividend raised 3.0%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2023 EPS $1.70 (down 1.2% YoY); Core FFO $2.74 (up 5.8% YoY).","Full year 2023 Core FFO $10.63 per share, up 8.6% from $9.79 in 2022.","Full year EPS fell 19.2% to $6.56, largely due to lower real estate gains.","Dividend increased by 3.0%; initial 2024 financial outlook provided.","Same Store Residential NOI contributed $0.12/share in Q4 from $0.20 revenue growth."],"consensus_eps_estimate":null,"consensus_eps_actual":6.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":2767909000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255094,"accession_number":"0001104659-24-007739","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2024-01-29T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"AvalonBay announces EVP appointment, retirement plans for two finance leaders in 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Alaine Walsh promoted to EVP – Human Capital and Administration; joins Management Operating Committee.","Joanne Lockridge (EVP Capital Markets) to retire Jan 1, 2025; Michael Simel promoted to SVP Capital Markets.","Keri Shea (PAO) to retire Jan 1, 2025; Sean Willson (SVP Corporate Controller) to become PAO.","Successors will report to CFO Kevin O’Shea; transitions part of planned succession."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272563,"accession_number":"0001104659-23-124341","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2023-12-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay closes $400M offering of 5.300% Senior Notes due 2033, net proceeds ~$396.2M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $400M principal of 5.300% Senior Notes due December 7, 2033; interest payable semi-annually.","Net proceeds of ~$396.2M after underwriting discount and expenses.","Proceeds earmarked for land acquisitions, development/redevelopment, and general corporate purposes, including repayment of commercial paper or credit facility.","Notes governed by Indenture with The Bank of New York Mellon, with optional redemption by issuer.","Underwriting group led by Barclays, Deutsche Bank, J.P. Morgan, and U.S. Bancorp."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272562,"accession_number":"0001104659-23-112594","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2023-10-30T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"AvalonBay amends bylaws to adopt universal proxy rule compliance requirements and other updates","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board amended and restated Bylaws effective October 30, 2023.","Updates stockholder nomination requirements to align with SEC Rule 14a-19 universal proxy rules.","Requires stockholder nominating directors to represent intent to comply with Rule 14a-19 and provide evidence.","Requires stockholders soliciting proxies to use a proxy card color other than white.","Includes technical updates for virtual meetings per Maryland law changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272561,"accession_number":"0000915912-23-000016","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2023-10-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q3 Core FFO per share up 6.4% YoY to $2.66; GAAP EPS declines 65.7% to $1.21","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 2023 Core FFO per share rose 6.4% YoY to $2.66; FFO per share $2.48 (+0.8%).","GAAP EPS fell 65.7% to $1.21 vs $3.53 a year ago, primarily due to lower real estate gains and depreciation.","Same Store Residential NOI contributed $0.15 per share YoY improvement, driven by $0.22 revenue growth and $0.07 expense growth.","YTD 2023 Core FFO per share $7.89 (+9.7% YoY); FFO per share $7.69 (+8.2%)."],"consensus_eps_estimate":null,"consensus_eps_actual":4.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":2063204000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289393,"accession_number":"0000915912-23-000012","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2023-08-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q2 EPS $2.59 beats outlook; Core FFO per share up 9.5% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 2023 EPS $2.59 vs $0.99 YoY (+161.6%); beat April outlook mid-point of $2.53.","Core FFO per share $2.66 vs $2.43 YoY (+9.5%); FFO per share $2.67 vs $2.41 (+10.8%).","Same Store Residential NOI added $0.16 to EPS; favorable uncollectible lease revenue added $0.03.","YTD 2023 EPS $3.65 vs $2.86 (+27.6%); Core FFO $5.23 vs $4.69 (+11.5%).","No updated FY 2023 guidance provided in this filing; outlook details may follow separately."],"consensus_eps_estimate":null,"consensus_eps_actual":3.65,"consensus_revenue_estimate":null,"consensus_revenue_actual":1365569000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310201,"accession_number":"0001104659-23-064823","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2023-05-26T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"AvalonBay shareholders elect directors, approve say-on-pay, and appoint Terry S. 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Edward Walter continues on committees."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310200,"accession_number":"0001628280-23-013351","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2023-04-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q1 EPS $1.05 (-44% YoY); Core FFO per share $2.57 (+13.7%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["EPS $1.05 vs $1.87 in Q1 2022, down 43.9% due to gain on sale and depreciation adjustments.","FFO per share $2.54, up 13.4% YoY; Core FFO per share $2.57, up 13.7%.","Same Store total revenue rose 9.4% to $629.9M; residential rental revenue up 9.5% to $622.4M.","Results modestly above February 2023 outlook: Core FFO per share beat mid-point by $0.05.","Same Store Residential NOI contributed $0.30 per share increase vs Q1 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":1.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":674708000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328861,"accession_number":"0000915912-23-000002","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2023-02-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q4 FFO $2.57 (+13.2% YoY); dividend up 3.8%; full-year Core FFO $9.79 (+18.5%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2022 EPS $1.72 vs $2.40 YoY (-28.3%); FFO per share $2.57 vs $2.27 (+13.2%); Core FFO $2.59 vs $2.27 (+14.1%).","Full-year 2022 EPS $8.12 vs $7.19 (+12.9%); FFO $9.67 vs $8.13 (+18.9%); Core FFO $9.79 vs $8.26 (+18.5%).","Board approved 3.8% quarterly dividend increase; specific per-share amount not disclosed in release.","Q4 Core FFO slightly below November 2022 outlook ($2.59 actual vs $2.60 projected midpoint).","Same Store Residential NOI contributed $0.29 per share to Q4 Core FFO growth vs prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":8.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":2593446000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":328860,"accession_number":"0001104659-23-004307","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2023-01-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay enters into up to $1B equity distribution agreements with multiple sales agents","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Company enters into 15 amended sales agency financing agreements and 14 master forward sale confirmations.","Up to $1B of common stock may be offered, less $294M already sold under prior program; ~$706M remains unsold.","Three new sales agents added: BNP Paribas, Mizuho Securities, Scotia Capital.","Shares sold at market prices; commission up to 1.50% of sales price per agent.","Forward sale agreements allow borrowing and selling shares; settlement may be physical, cash, or net shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":346520,"accession_number":"0001104659-22-125200","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-12-07T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay closes $350M public offering of 5.000% Senior Notes due 2033","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$350M principal of 5.000% Senior Notes due 2033 issued; closing on December 7, 2022.","Net proceeds estimated at $345.5M after underwriting discount and expenses.","Proceeds for land acquisitions, development/redevelopment, working capital, and possible repayment of commercial paper or credit facility.","Underwriters: Goldman Sachs & Co. LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC.","Notes are senior unsecured, ranking equally with existing unsecured debt; effectively subordinated to secured debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":346519,"accession_number":"0001104659-22-117110","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-11-10T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"AvalonBay Executive Chairman Naughton to become non-executive Chairman effective Jan 1, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Timothy J. Naughton transitions from Executive Chairman to non-executive Chairman, effective Jan 1, 2023.","Naughton will no longer be an employee or executive officer; Schall remains CEO reporting to Board.","As non-executive Chairman, Naughton receives $250k annual cash retainer ($62.5k/quarter) plus standard non-employee director retainers.","Outstanding equity awards continue vesting during board service; 2022 bonus and award to be settled per terms.","Board also amended Bylaws to clarify Chairman may be officer or non-officer, a procedural change."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":346518,"accession_number":"0000915912-22-000017","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-11-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q3 EPS $3.53 vs $0.56; Core FFO $2.50, up 21.4% YoY","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Net income attributable to common stockholders $494.7M; diluted EPS $3.53 vs $0.56 YoY (+530.4%).","FFO per share $2.46 (+25.5% YoY); Core FFO per share $2.50 (+21.4% YoY).","Same Store Residential NOI contributed $0.35 per share YoY increase on $0.43 revenue growth.","EPS met July outlook midpoint; FFO and Core FFO slightly below July midpoint outlook.","Nine-month 2022: EPS $6.40 (+33.6%), Core FFO $7.19 (+20.0% YoY)."],"consensus_eps_estimate":null,"consensus_eps_actual":6.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":1923775000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":346517,"accession_number":"0001104659-22-109384","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-10-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"AvalonBay appoints Chaz Mueller to board; Alan Buckelew to retire at 2023 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Charles 'Chaz' Mueller appointed to board effective Nov 1, 2022; will serve on Investment & Finance and Audit Committees.","Mueller is former CEO of Progress Residential, President of Irvine Apartment Communities, and CFO/COO of Archstone.","Alan B. Buckelew to retire from board at May 2023 Annual Meeting; retirement is consistent with governance guidelines, no disagreement.","Mueller's appointment part of board refreshment process; brings deep multifamily and single-family rental experience."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":362907,"accession_number":"0001104659-22-104180","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-09-29T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"AvalonBay enters $2.25B revolving credit facility maturing 2026, replacing $1.75B facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Principal amount $2.25B with accordion feature up to $3.0B; maturity Sept 27, 2026 with extension option.","Pricing based on SOFR plus margin of 0.65% to 1.40% depending on credit rating; sustainability-linked adjustments.","No borrowings outstanding at closing; $6.9M used for letters of credit; ~$2.24B available.","Replaces prior $1.75B facility dated Feb 2019, which was set to mature Feb 2024.","Customary financial covenants including leverage and coverage ratios; joint bookrunners JPMorgan, BofA, Wells Fargo."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":362906,"accession_number":"0000915912-22-000013","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-07-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q2 Core FFO $2.43 beat, up 22.7% YoY; EPS $0.99 on lower gains","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net income $138.7M; EPS $0.99 vs $3.21, down 69.2% largely on lower gain on sale.","FFO per share $2.41 (+22.3% YoY); Core FFO $2.43 (+22.7% YoY), exceeding April outlook midpoints.","Same Store Residential NOI contributed $0.41 per share on $0.46 revenue increase.","Six-month 2022 EPS $2.86 (-32.4% YoY), FFO $4.65 (+18.9%), Core FFO $4.69 (+19.3%)."],"consensus_eps_estimate":null,"consensus_eps_actual":2.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":1258486000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":382573,"accession_number":"0001104659-22-063378","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-05-20T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"AvalonBay shareholders re-elect all 12 directors, approve say-on-pay, ratify EY as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 12 director nominees re-elected; votes for ranged from 109.9M (Havner) to 121.1M (Schall).","Non-binding say-on-pay approved with 114.9M votes for (94.5% of votes cast).","Ratification of Ernst & Young as auditor for FY2022 passed with 122.7M votes for (96.6%).","Broker non-votes were 5.4M on director elections and say-on-pay, none on auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":382572,"accession_number":"0000915912-22-000009","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-04-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q1 2022 EPS $1.87, FFO $2.24, Core FFO $2.26; revenue up 8.7% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $262M; diluted EPS $1.87 vs $1.02 YoY, up 83.3%.","Core FFO per share $2.26 vs $1.95 YoY, up 15.9%.","Same Store total revenue $546.8M, +8.7%; residential rental revenue +8.5%.","Results exceeded Feb. 2022 outlook (projected Core FFO $2.20, actual $2.26)."],"consensus_eps_estimate":null,"consensus_eps_actual":1.87,"consensus_revenue_estimate":null,"consensus_revenue_actual":613927000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":382571,"accession_number":"0001104659-22-044739","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-04-11T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay launches 2M share forward sale at $247.30 for land and development funding","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["2,000,000 shares of common stock sold via forward sellers; initial forward price $247.30 per share.","Proceeds expected upon physical settlement by Dec 31, 2023; no immediate cash to Company.","Net proceeds to fund land acquisitions, development, redevelopment, acquisitions, and general corporate purposes.","Offering closed on April 11, 2022; managed by Morgan Stanley and J.P. Morgan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":400461,"accession_number":"0001104659-22-034016","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-03-15T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"AvalonBay establishes $500M unsecured commercial paper program","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Established $500M unsecured commercial paper program; notes may have maturities up to 364 days.","Maximum aggregate principal outstanding at any time not to exceed $500M.","Notes rank equally with all other unsecured and unsubordinated indebtedness of the company.","Proceeds intended for general corporate purposes.","Offers will be made only in compliance with exemptions from registration requirements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":400460,"accession_number":"0000915912-22-000003","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2022-02-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"AvalonBay Q4 Core FFO $2.27 beats outlook, up 12.4% YoY; FY EPS $7.19","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2021 EPS $2.40 (down 1.6% YoY) but above October outlook of $2.30.","Q4 Core FFO per share $2.27, up 12.4% YoY and $0.03 above $2.24 outlook.","Full-year 2021 EPS $7.19 (+22.1% YoY); Core FFO $8.26 (-4.9% YoY).","Same Store Residential NOI contributed $0.17 to Q4 EPS vs Q4 2020.","Initial 2022 financial outlook announced; specific guidance not in excerpt."],"consensus_eps_estimate":null,"consensus_eps_actual":7.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":2294850000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":419438,"accession_number":"0001104659-21-150559","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2021-12-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"EVP William M. McLaughlin to retire Jan 1, 2022; enters consulting agreement through Mar 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Retirement effective January 1, 2022; consulting services through March 31, 2023 at $5,000/month.","2021 annual bonus (cash and stock) paid by March 15, 2022; 2019-2021 performance units convert to fully vested shares.","Unvested restricted stock continues to vest; pro-rata vesting of 2021-2023 performance award at end of consulting term.","Company pays COBRA premiums through July 31, 2022; standard release and non-compete/non-solicit terms apply."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":419437,"accession_number":"0001104659-21-142497","cik":915912,"company_name":"AVALONBAY COMMUNITIES INC","ticker":"AVB","form_type":"8-K","filed_at":"2021-11-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Benjamin W. Schall appointed AvalonBay CEO effective Jan 3, 2022; Naughton becomes Executive Chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Schall, currently President, adds CEO role; Naughton retires as CEO but stays as Executive Chairman half-time.","Naughton's 2022 compensation: $800K base salary, $1.2M target cash bonus, $3.0M performance award (2022-2024).","Succession follows plan disclosed in December 2020 8-K; no surprise change.","Naughton will assist with strategic initiatives, tech opportunities, and expansion market business development."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":25906838522.884598,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2021-11-22T23:59:59+00:00|419437"}