NYSE:AIRC Apartment Income REIT (AIRC) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free AIRC Stock Alerts $38.41 +0.01 (+0.03%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$38.39▼$38.4750-Day Range$30.12▼$38.4252-Week Range$28.22▼$38.68Volume6.73 million shsAverage Volume5.10 million shsMarket Capitalization$5.57 billionP/E Ratio9.08Dividend Yield4.69%Price Target$36.59 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Apartment Income REIT alerts: Email Address Apartment Income REIT MarketRank™ Stock AnalysisAnalyst RatingHold2.11 Rating ScoreUpside/Downside4.7% Downside$36.59 Price TargetShort InterestHealthy1.69% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.24Based on 6 Articles This WeekInsider TradingAcquiring Shares$51,254 Bought Last QuarterProj. Earnings Growth3.78%From $2.38 to $2.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.10 out of 5 starsFinance Sector275th out of 855 stocksReal Estate Investment Trusts Industry57th out of 181 stocks 2.1 Analyst's Opinion Consensus RatingApartment Income REIT has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.Amount of Analyst CoverageApartment Income REIT has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.69% of the float of Apartment Income REIT has been sold short.Short Interest Ratio / Days to CoverApartment Income REIT has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Apartment Income REIT has recently decreased by 24.69%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipApartment Income REIT is a leading dividend payer. It pays a dividend yield of 4.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthApartment Income REIT does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Apartment Income REIT is 42.55%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Apartment Income REIT will have a dividend payout ratio of 72.87% next year. This indicates that Apartment Income REIT will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AIRC. Previous Next 4.0 News and Social Media Coverage News SentimentApartment Income REIT has a news sentiment score of 1.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Apartment Income REIT this week, compared to 3 articles on an average week.Search Interest7 people have searched for AIRC on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.MarketBeat Follows10 people have added Apartment Income REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Apartment Income REIT insiders have bought more of their company's stock than they have sold. Specifically, they have bought $51,254.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.00% of the stock of Apartment Income REIT is held by insiders.Percentage Held by Institutions98.13% of the stock of Apartment Income REIT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Apartment Income REIT are expected to grow by 3.78% in the coming year, from $2.38 to $2.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apartment Income REIT is 9.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Apartment Income REIT is 9.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.97.Price to Book Value per Share RatioApartment Income REIT has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About Apartment Income REIT Stock (NYSE:AIRC)Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (REIT). AIR's portfolio comprises 76 communities totaling 27,010 apartment homes located in 10 states and the District of Columbia. AIR offers a simple, predictable business model with focus on what we call the AIR Edge, the cumulative result of our focus on resident selection, satisfaction, and retention, as well as relentless innovation in delivering best-in-class property management. The AIR Edge is a durable operating advantage in driving organic growth, as well as making possible the opportunity for excess returns for properties new to AIR's platform.Read More AIRC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AIRC Stock News HeadlinesApril 11, 2024 | marketbeat.comBlackstone’s $10 Billion Bet on Property Prices Going UpResidential property prices could be on the rise soon, as Blackstone just made a $10 billion bet into the sector, and one other REIT could be next in lineApril 23, 2024 | finance.yahoo.comBlackstone’s Beleaguered Real-Estate Fund Stems ExodusApril 24, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.April 20, 2024 | americanbankingnews.comApartment Income REIT Corp. (NYSE:AIRC) Receives Consensus Recommendation of "Hold" from AnalystsApril 15, 2024 | prnewswire.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates WIRE, AIRC, INRDApril 13, 2024 | investing.comWolfe Research downgrades Apartment Income REIT stock amid Blackstone buyoutApril 9, 2024 | prnewswire.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SWAV, AIRC, INRDApril 9, 2024 | prnewswire.comSTOCKHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Apartment Income REIT Corp. - AIRCApril 24, 2024 | Wall Street Star (Ad)This Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.April 9, 2024 | bizjournals.com$10 billion deal will take Denver multifamily firm privateApril 9, 2024 | markets.businessinsider.comExpert Outlook: Apartment Income REIT Through The Eyes Of 4 AnalystsApril 9, 2024 | stockhouse.comSHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Apartment Income REIT Corp. BuyoutApril 8, 2024 | businesswire.comAPARTMENT INCOME REIT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Apartment Income REIT Corp. - AIRCApril 8, 2024 | tmcnet.comAIRC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Apartment Income REIT Corp. Is Fair to ShareholdersApril 8, 2024 | investopedia.comBlackstone To Take Rental Housing Owner AIR Communities Private in $10B DealApril 8, 2024 | prnewswire.comShareholder Alert: Ademi LLP investigates whether Apartment Income REIT Corp. has obtained a Fair Price in its transaction with BlackstoneApril 8, 2024 | investorplace.comAIRC Stock Alert: Blackstone Is Taking Apartment Income REIT PrivateApril 8, 2024 | bloomberg.comBlackstone to Purchase Apartment Owner AIR in $10 Billion DealApril 8, 2024 | marketwatch.comApartment Income REIT stock rallies on Blackstone buyoutApril 8, 2024 | msn.comApartment Income REIT jumps on report of Blackstone's $10B takeoverApril 8, 2024 | businesswire.comBlackstone Real Estate to Take AIR Communities Private for Approximately $10 BillionMarch 20, 2024 | finance.yahoo.comAIR Communities Named National Top Workplace WinnerMarch 15, 2024 | seekingalpha.comFebruary Portfolio: Dividends, Buys, And SellsMarch 1, 2024 | finance.yahoo.comAIR Communities to Present at Citi 2024 Global Property CEO ConferenceMarch 1, 2024 | nasdaq.comApartment Income REIT (AIRC) Passes Through 6% Yield MarkFebruary 25, 2024 | msn.comEconomists point to zoning laws, not REIT profits, for rent increasesFebruary 22, 2024 | benzinga.comApartment Income REIT Stock (NYSE:AIRC) Insider TradesSee More Headlines Receive AIRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Apartment Income REIT and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/28/2022Ex-Dividend for 2/27 Dividend2/15/2024Dividend Payable2/27/2024Today4/24/2024Next Earnings (Estimated)5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real estate investment trusts Sub-IndustryN/A Current SymbolNYSE:AIRC CUSIPN/A CIK1820877 Webwww.aircommunities.com Phone303-757-8101FaxN/AEmployees760Year FoundedN/APrice Target and Rating Average Stock Price Target$36.59 High Stock Price Target$39.12 Low Stock Price Target$31.00 Potential Upside/Downside-4.7%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$4.23 Trailing P/E Ratio9.08 Forward P/E Ratio16.14 P/E GrowthN/ANet Income$635.10 million Net Margins77.37% Pretax Margin84.35% Return on Equity26.29% Return on Assets9.95% Debt Debt-to-Equity Ratio1.10 Current Ratio0.65 Quick Ratio0.65 Sales & Book Value Annual Sales$820.04 million Price / Sales6.79 Cash Flow$6.65 per share Price / Cash Flow5.78 Book Value$17.34 per share Price / Book2.22Miscellaneous Outstanding Shares144,920,000Free Float143,468,000Market Cap$5.57 billion OptionableOptionable Beta0.90 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Terry Considine J.D. (Age 76)Founder, CEO & Director Comp: $2.02MMs. Lisa R. Cohn (Age 55)President, General Counsel & Secretary Comp: $1.17MMr. Paul L. Beldin CPA (Age 50)Executive VP & CFO Comp: $768.63kMr. Keith M. Kimmel (Age 52)President of Property Operations Comp: $1.12MMr. Joshua Minix (Age 42)Executive VP & Chief Investment Officer Ms. Molly H.N. Syke (Age 37)VP & Chief Accounting Officer Mr. Matthew O'Grady (Age 40)Executive Vice President of Capital Markets Ms. Patti ShwayderSenior VP & Chief Corporate Responsibility OfficerMore ExecutivesKey CompetitorsHealthcare Realty TrustNYSE:HRRithm CapitalNYSE:RITMAgree RealtyNYSE:ADCVornado Realty TrustNYSE:VNOFirst Industrial Realty TrustNYSE:FRView All CompetitorsInsiders & InstitutionsAmalgamated BankBought 6,624 shares on 4/23/2024Ownership: 0.068%Louisiana State Employees Retirement SystemBought 300 shares on 4/23/2024Ownership: 0.029%Fifth Third BancorpBought 475 shares on 4/23/2024Ownership: 0.005%Sumitomo Mitsui Trust Holdings Inc.Sold 37,435 shares on 4/19/2024Ownership: 1.099%State of Alaska Department of RevenueSold 556 shares on 4/19/2024Ownership: 0.151%View All Insider TransactionsView All Institutional Transactions AIRC Stock Analysis - Frequently Asked Questions Should I buy or sell Apartment Income REIT stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apartment Income REIT in the last year. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AIRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIRC, but not buy additional shares or sell existing shares. View AIRC analyst ratings or view top-rated stocks. What is Apartment Income REIT's stock price target for 2024? 9 Wall Street research analysts have issued 12-month price objectives for Apartment Income REIT's stock. Their AIRC share price targets range from $31.00 to $39.12. On average, they expect the company's stock price to reach $36.59 in the next year. This suggests that the stock has a possible downside of 4.7%. View analysts price targets for AIRC or view top-rated stocks among Wall Street analysts. How have AIRC shares performed in 2024? Apartment Income REIT's stock was trading at $34.73 at the start of the year. Since then, AIRC shares have increased by 10.6% and is now trading at $38.41. View the best growth stocks for 2024 here. Are investors shorting Apartment Income REIT? Apartment Income REIT saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 2,440,000 shares, a decline of 24.7% from the March 15th total of 3,240,000 shares. Based on an average daily volume of 1,770,000 shares, the short-interest ratio is presently 1.4 days. Approximately 1.7% of the company's shares are sold short. View Apartment Income REIT's Short Interest. When is Apartment Income REIT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our AIRC earnings forecast. How were Apartment Income REIT's earnings last quarter? Apartment Income REIT Corp. (NYSE:AIRC) posted its earnings results on Thursday, July, 28th. The company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $0.22 by $1.04. Apartment Income REIT had a net margin of 77.37% and a trailing twelve-month return on equity of 26.29%. During the same period in the prior year, the company posted $0.52 EPS. How often does Apartment Income REIT pay dividends? What is the dividend yield for Apartment Income REIT? Apartment Income REIT declared a quarterly dividend on Wednesday, January 31st. Shareholders of record on Friday, February 16th will be given a dividend of $0.45 per share on Tuesday, February 27th. This represents a $1.80 annualized dividend and a yield of 4.69%. The ex-dividend date is Thursday, February 15th. Read our dividend analysis for AIRC. Is Apartment Income REIT a good dividend stock? Apartment Income REIT (NYSE:AIRC) pays an annual dividend of $1.80 per share and currently has a dividend yield of 4.69%. AIRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 42.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIRC will have a dividend payout ratio of 72.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for AIRC. What ETFs hold Apartment Income REIT's stock? ETFs with the largest weight of Apartment Income REIT (NYSE:AIRC) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), Residential REIT ETF (HAUS), Kelly Residential & Apartment Real Estate ETF (RESI), Nuveen Short-Term REIT ETF (NURE), Invesco KBW Premium Yield Equity REIT ETF (KBWY), JPMorgan Realty Income ETF (JPRE), ALPS REIT Dividend Dogs ETF (RDOG) and Hoya Capital Housing ETF (HOMZ). What guidance has Apartment Income REIT issued on next quarter's earnings? Apartment Income REIT updated its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of 2.330-2.430 for the period, compared to the consensus estimate of 2.530. The company issued revenue guidance of -. Who are Apartment Income REIT's major shareholders? Apartment Income REIT's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (1.10%), State of Alaska Department of Revenue (0.15%), Allspring Global Investments Holdings LLC (0.08%), Amalgamated Bank (0.07%), Aurora Investment Managers LLC. (0.06%) and West Coast Financial LLC (0.06%). Insiders that own company stock include Ann Sperling, Devin Ignatius Murphy, John D Rayis, Joshua Minix, Kathleen M Nelson, Keith M Kimmel, Lip Bu Tan, Lisa R Cohn, Matthew O'grady, Paul Beldin, Terry Considine and Thomas N Bohjalian. View institutional ownership trends. How do I buy shares of Apartment Income REIT? Shares of AIRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:AIRC) was last updated on 4/24/2024 by MarketBeat.com Staff From Our PartnersThis Apple-like Innovator is Revolutionizing HealthcareWall Street Startop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencySHOCKING Crypto Leak…Crypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingElon Musk’s Controversial New Project: “Apollo”InvestorPlaceBiden out June 13; Kamala won’t replace him?Paradigm PressNew Trump BombshellThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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