Apartment Investment and Management (NYSE:AIV) Updates 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 (EPS) guidance of 5.200-5.400 for the period, compared to the consensus estimate of 0.160. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of brokerages have recently commented on AIV. Wolfe Research raised shares of Apartment Investment and Management from a "peer perform" rating to an "outperform" rating and set a $10.00 price objective on the stock in a research report on Monday, August 4th. Wall Street Zen lowered shares of Apartment Investment and Management from a "hold" rating to a "sell" rating in a research report on Friday, May 30th.

Apartment Investment and Management Stock Down 1.4%

Shares of AIV stock traded down $0.11 during trading on Thursday, reaching $7.80. The company's stock had a trading volume of 1,190,438 shares, compared to its average volume of 1,651,559. The business has a fifty day moving average price of $8.50 and a 200-day moving average price of $8.42. The company has a quick ratio of 1.34, a current ratio of 1.25 and a debt-to-equity ratio of 8.06. The company has a market cap of $1.11 billion, a price-to-earnings ratio of -16.25 and a beta of 1.39. Apartment Investment and Management has a one year low of $6.89 and a one year high of $9.48.

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

Institutional Trading of Apartment Investment and Management

Several institutional investors and hedge funds have recently added to or reduced their stakes in AIV. AQR Capital Management LLC raised its position in Apartment Investment and Management by 66.3% during the first quarter. AQR Capital Management LLC now owns 27,747 shares of the real estate investment trust's stock worth $244,000 after acquiring an additional 11,066 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Apartment Investment and Management by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,692 shares of the real estate investment trust's stock worth $728,000 after acquiring an additional 3,635 shares in the last quarter. Creative Planning raised its position in Apartment Investment and Management by 16.4% during the second quarter. Creative Planning now owns 12,162 shares of the real estate investment trust's stock worth $105,000 after acquiring an additional 1,712 shares in the last quarter. Franklin Resources Inc. bought a new stake in Apartment Investment and Management during the second quarter worth $204,000. Finally, Quantbot Technologies LP raised its position in Apartment Investment and Management by 23.8% during the second quarter. Quantbot Technologies LP now owns 44,831 shares of the real estate investment trust's stock worth $388,000 after acquiring an additional 8,625 shares in the last quarter. 83.26% of the stock is owned by 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.