Apartment Investment and Management (NYSE:AIV) Announces Earnings Results, Beats Expectations By $0.02 EPS

Apartment Investment and Management (NYSE:AIV - Get Free Report) announced its quarterly earnings data on Thursday. The real estate investment trust reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.02, Zacks reports. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. The firm had revenue of $52.35 million during the quarter, compared to the consensus estimate of $53.64 million. Apartment Investment and Management updated its FY 2025 guidance to 1.500-1.600 EPS.

Apartment Investment and Management Stock Down 0.6%

Shares of AIV traded down $0.05 on Wednesday, reaching $7.95. The stock had a trading volume of 385,353 shares, compared to its average volume of 953,558. The company has a 50-day simple moving average of $8.16 and a 200-day simple moving average of $8.56. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of -4.60 and a beta of 1.38. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.35 and a current ratio of 1.35. Apartment Investment and Management has a 12-month low of $6.89 and a 12-month high of $9.49.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Apartment Investment and Management from a "hold" rating to a "sell" rating in a report on Monday.

About Apartment Investment and Management

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.