Apartment Investment and Management (NYSE:AIV) Posts Earnings Results

Key Points

• Apartment Investment and Management (NYSE:AIV) reported a quarterly earnings loss of ($0.14) earnings per share and has a negative net margin of 50.37%.
• The company's stock price fell by 1.7% to $7.91, with a market cap of $1.12 billion and a PE ratio of -10.27.
• Wall Street analysts have mixed views, with some lowering their rating to "sell" while others set a price target of $10.00 after upgrading their rating to "outperform."

Apartment Investment and Management (NYSE:AIV - Get Free Report) announced its quarterly earnings data on Monday. The real estate investment trust reported ($0.14) earnings per share (EPS) for the quarter, RTT News reports. Apartment Investment and Management had a negative net margin of 50.37% and a negative return on equity of 45.41%. Apartment Investment and Management updated its FY 2025 guidance to 5.200-5.400 EPS.

Apartment Investment and Management Trading Down 1.7%

NYSE AIV traded down $0.13 during trading hours on Monday, hitting $7.91. 3,379,670 shares of the company were exchanged, compared to its average volume of 1,051,945. The stock has a 50-day moving average price of $8.53 and a 200 day moving average price of $8.44. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 6.94. Apartment Investment and Management has a 52 week low of $6.89 and a 52 week high of $9.48. The stock has a market cap of $1.12 billion, a PE ratio of -10.27 and a beta of 1.39.

Institutional Investors Weigh In On Apartment Investment and Management

Several large investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its stake in Apartment Investment and Management by 66.3% in the first quarter. AQR Capital Management LLC now owns 27,747 shares of the real estate investment trust's stock worth $244,000 after purchasing an additional 11,066 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Apartment Investment and Management by 4.6% in 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 purchasing an additional 3,635 shares during the last quarter. Finally, Creative Planning lifted its stake in Apartment Investment and Management by 16.4% in the second quarter. Creative Planning now owns 12,162 shares of the real estate investment trust's stock worth $105,000 after purchasing an additional 1,712 shares during the last quarter. 83.26% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Wall Street Zen lowered Apartment Investment and Management from a "hold" rating to a "sell" rating in a research note on Friday, May 30th. Wolfe Research raised Apartment Investment and Management from a "peer perform" rating to an "outperform" rating and set a $10.00 price target for the company in a research note on Monday, August 4th.

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.

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