Apartment Investment and Management (NYSE:AIV) Issues FY 2025 Earnings Guidance

Key Points

• Apartment Investment and Management (NYSE:AIV) issued FY 2025 earnings guidance, projecting earnings per share between 5.200-5.400, which significantly exceeds the consensus estimate of 0.160.
• The company's stock saw a trading decrease of $0.13, closing at $7.91, with a notable trading volume of 3,370,838 shares compared to its average of 1,051,944 shares.
• Research firms have mixed sentiments on AIV, with Wolfe Research upgrading the stock to "outperform" with a price target of $10.00, while Wall Street Zen downgraded it to "sell."

Apartment Investment and Management (NYSE:AIV - Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 5.200-5.400 for the period, compared to the consensus earnings per share estimate of 0.160. The company issued revenue guidance of -.

Analyst Ratings Changes

AIV has been the topic of a number of recent analyst reports. Wolfe Research raised shares of Apartment Investment and Management from a "peer perform" rating to an "outperform" rating and set a $10.00 target price on the stock in a research note on Monday, August 4th. Wall Street Zen cut Apartment Investment and Management from a "hold" rating to a "sell" rating in a research note on Friday, May 30th.

Apartment Investment and Management Price Performance

Shares of NYSE AIV traded up $0.09 during trading hours on Friday, reaching $7.89. 1,673,275 shares of the stock traded hands, compared to its average volume of 1,688,366. The company's 50-day simple moving average is $8.49 and its two-hundred day simple moving average is $8.41. The company has a market capitalization of $1.12 billion, a P/E ratio of -16.44 and a beta of 1.39. Apartment Investment and Management has a 52-week low of $6.89 and a 52-week high of $9.48. The company has a quick ratio of 1.34, a current ratio of 1.25 and a debt-to-equity ratio of 8.06.

Apartment Investment and Management (NYSE:AIV - Get Free Report) last posted its quarterly earnings results on Monday, August 11th. The real estate investment trust reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.03). Apartment Investment and Management had a negative return on equity of 34.47% and a negative net margin of 30.59%. The business had revenue of $52.76 million for the quarter, compared to analysts' expectations of $54.62 million. During the same period last year, the business posted ($0.43) earnings per share. Equities research analysts forecast that Apartment Investment and Management will post -0.8 EPS for the current year.

Institutional Trading of Apartment Investment and Management

Several institutional investors have recently added to or reduced their stakes in the business. Sei Investments Co. purchased a new stake in shares of Apartment Investment and Management during the second quarter valued at approximately $5,620,000. Vision Capital Corp raised its holdings in Apartment Investment and Management by 150.8% during the 2nd quarter. Vision Capital Corp now owns 624,036 shares of the real estate investment trust's stock valued at $5,398,000 after buying an additional 375,256 shares during the last quarter. Adage Capital Partners GP L.L.C. purchased a new stake in Apartment Investment and Management during the 2nd quarter valued at $2,162,000. Lazard Asset Management LLC bought a new stake in Apartment Investment and Management in the 2nd quarter worth $1,292,000. Finally, Squarepoint Ops LLC grew its holdings in Apartment Investment and Management by 278.1% in the 2nd quarter. Squarepoint Ops LLC now owns 157,880 shares of the real estate investment trust's stock worth $1,366,000 after acquiring an additional 116,122 shares during the last quarter. 83.26% of the stock is currently owned by hedge funds and other institutional investors.

Apartment Investment and Management Company Profile

Apartment Investment & Management Co operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. The company was founded in 1975 and is headquartered in Denver, CO.