Top-Rated Dividend StocksTop-Rated Dividend Apartment Income REIT Stock Price, News & Analysis (NYSE:AIRC) $32.20 -0.29 (-0.89%) (As of 12/5/2023 ET) Add Compare Share Share Today's Range$32.07▼$32.5950-Day Range$28.55▼$32.4952-Week Range$28.22▼$40.28Volume1.34 million shsAverage Volume911,971 shsMarket Capitalization$4.73 billionP/E Ratio4.95Dividend Yield5.59%Price Target$39.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Apartment Income REIT MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside21.9% Upside$39.25 Price TargetShort InterestHealthy1.25% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.99Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth7.50%From $2.40 to $2.58 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.91 out of 5 starsFinance Sector41st out of 772 stocksReal Estate Investment Trusts Industry4th out of 165 stocks 2.4 Analyst's Opinion Consensus RatingApartment Income REIT has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.25, Apartment Income REIT has a forecasted upside of 21.9% from its current price of $32.20.Amount of Analyst CoverageApartment Income REIT has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.25% 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 2, 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 38.18%, 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 5.60%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthApartment Income REIT has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Apartment Income REIT is 27.65%. 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 69.77% 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 3.9 News and Social Media Coverage News SentimentApartment Income REIT has a news sentiment score of 0.99. 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 0.41 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Apartment Income REIT this week, compared to 2 articles on an average week.Search Interest5 people have searched for AIRC on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat Follows7 people have added Apartment Income REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Apartment Income REIT insiders have not sold or bought any 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Apartment Income REIT are expected to grow by 7.50% in the coming year, from $2.40 to $2.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apartment Income REIT is 4.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.29.Price to Earnings Ratio vs. SectorThe P/E ratio of Apartment Income REIT is 4.95, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 39.74.Price to Book Value per Share RatioApartment Income REIT has a P/B Ratio of 2.08. 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 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 75 communities totaling 26,623 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 HeadlinesDecember 4, 2023 | finance.yahoo.comAIR Communities Honored with Multi-Housing News Excellence Award for Best ESG ProgramNovember 30, 2023 | markets.businessinsider.comBTIG Reaffirms Their Hold Rating on Apartment Income REIT (AIRC)December 6, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 30, 2023 | americanbankingnews.comApartment Income REIT Corp. (NYSE:AIRC) Short Interest Down 38.2% in NovemberNovember 3, 2023 | finanznachrichten.deApartment Income REIT Communities Reports Third Quarter 2023 ResultsNovember 2, 2023 | finance.yahoo.comCompared to Estimates, Apartment Income REIT Corp. (AIRC) Q3 Earnings: A Look at Key MetricsNovember 2, 2023 | finance.yahoo.comAIR Communities Reports Third Quarter 2023 ResultsOctober 25, 2023 | msn.comRaymond James Initiates Coverage of Apartment Income REIT Corp - (AIRC) with Outperform RecommendationDecember 6, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. October 10, 2023 | finance.yahoo.comAIR Communities Publishes 2022/2023 Corporate Responsibility ReportOctober 4, 2023 | finance.yahoo.comAIR Communities Announces Dates for Its Third Quarter Earnings Release and Conference CallSeptember 26, 2023 | markets.businessinsider.com4 Analysts Have This to Say About Apartment Income REITSeptember 25, 2023 | finance.yahoo.comApartment Income REIT Corp.: Apartment Income REIT Should Produce Low but Steady Same-Store GrowthSeptember 20, 2023 | finance.yahoo.comAIR Communities Helps Raise $529,000 For Military and Educational Causes in 20th Annual Golf ClassicSeptember 1, 2023 | msn.comApartment Income REIT: A Good Pick In An Attractive SectorAugust 30, 2023 | finance.yahoo.comAIR Communities Announces CIO TransitionAugust 24, 2023 | msn.comApartment Income REIT: Cause For PauseAugust 23, 2023 | bizjournals.comRichmond Highway apartment tower owner may ditch tennis courts for pickleballAugust 21, 2023 | nasdaq.comJP Morgan Maintains Apartment Income REIT Corp - (AIRC) Neutral RecommendationJuly 28, 2023 | seekingalpha.comApartment Income REIT Corp. 2023 Q2 - Results - Earnings Call PresentationJuly 28, 2023 | finanznachrichten.deApartment Income REIT Communities Reports Second Quarter 2023 ResultsJuly 28, 2023 | finance.yahoo.comApartment Income REIT Corp. (AIRC) Lags Q2 FFO EstimatesJuly 28, 2023 | msn.comApartment Income REIT Corp. (AIRC) Reports Q2 Earnings: What Key Metrics Have to SayJuly 28, 2023 | markets.businessinsider.comBMO Capital Sticks to Their Buy Rating for Apartment Income REIT (AIRC)July 27, 2023 | finance.yahoo.comAIR Communities Reports Second Quarter 2023 ResultsJuly 19, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Apartment Income REITJuly 18, 2023 | msn.comCamden Property, AIRC upgraded, IRT downgraded at BMOSee 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 11/30 Dividend11/16/2023Dividend Payable11/30/2023Today12/05/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/08/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:AIRC CUSIPN/A CIK1820877 Webwww.aircommunities.com Phone303-757-8101FaxN/AEmployees750Year FoundedN/APrice Target and Rating Average Stock Price Target$39.25 High Stock Price Target$44.00 Low Stock Price Target$33.00 Potential Upside/Downside+21.6%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$6.51 Trailing P/E Ratio4.96 Forward P/E Ratio13.45 P/E GrowthN/ANet Income$904.43 million Net Margins117.88% Pretax Margin127.88% Return on Equity41.61% Return on Assets15.12% Debt Debt-to-Equity Ratio1.01 Current Ratio0.55 Quick Ratio0.55 Sales & Book Value Annual Sales$831.55 million Price / Sales5.71 Cash Flow$8.41 per share Price / Cash Flow3.84 Book Value$15.46 per share Price / Book2.09Miscellaneous Outstanding Shares146,993,000Free Float145,523,000Market Cap$4.75 billion OptionableNot Optionable Beta0.91 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Terry Considine J.D. (Age 75)Founder, CEO & Director Comp: $2.02MMs. Lisa R. Cohn (Age 54)President, General Counsel & Secretary Comp: $1.17MMr. Paul L. Beldin CPA (Age 49)Executive VP & CFO Comp: $768.63kMr. Keith M. Kimmel (Age 51)President of Property Operations Comp: $1.12MMr. Joshua Minix (Age 41)Executive VP & Chief Investment Officer Ms. Molly H.N. Syke (Age 36)VP & Chief Accounting Officer Ms. Mary C. JensenHead of Investor RelationsMs. Patti ShwayderSenior VP & Chief Corporate Responsibility OfficerMr. Stephen D. CraneSenior Vice President of Property TaxMr. Matthew O'Grady (Age 40)Senior Vice President of Capital Markets More ExecutivesKey CompetitorsKite Realty Group TrustNYSE:KRGVornado Realty TrustNYSE:VNOPhillips Edison & Company, Inc.NASDAQ:PECORithm CapitalNYSE:RITMBlackstone Mortgage TrustNYSE:BXMTView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 1,431 shares on 11/30/2023Ownership: 0.021%Deutsche Bank AGSold 243,570 shares on 11/24/2023Ownership: 0.055%Graham Capital Management L.P.Bought 17,490 shares on 11/22/2023Ownership: 0.049%Comerica BankSold 91,470 shares on 11/21/2023Ownership: 0.047%Walleye Trading LLCSold 7,471 shares on 11/21/2023Ownership: 0.027%View All Insider TransactionsView All Institutional Transactions AIRC Stock Analysis - Frequently Asked Questions Should I buy or sell Apartment Income REIT stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apartment Income REIT in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AIRC shares. View AIRC analyst ratings or view top-rated stocks. What is Apartment Income REIT's stock price target for 2024? 8 brokers have issued 1 year price objectives for Apartment Income REIT's shares. Their AIRC share price targets range from $33.00 to $44.00. On average, they expect the company's share price to reach $39.25 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price. View analysts price targets for AIRC or view top-rated stocks among Wall Street analysts. How have AIRC shares performed in 2023? Apartment Income REIT's stock was trading at $34.31 at the beginning of the year. Since then, AIRC stock has decreased by 6.1% and is now trading at $32.20. View the best growth stocks for 2023 here. Are investors shorting Apartment Income REIT? Apartment Income REIT saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,830,000 shares, a decrease of 38.2% from the October 31st total of 2,960,000 shares. Based on an average trading volume of 918,900 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.3% of the company's stock 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 Thursday, February 8th 2024. View our AIRC earnings forecast. How were Apartment Income REIT's earnings last quarter? Apartment Income REIT Corp. (NYSE:AIRC) issued its quarterly earnings data on Thursday, July, 28th. The company reported $1.26 EPS for the quarter, beating the consensus estimate of $0.22 by $1.04. Apartment Income REIT had a net margin of 117.88% and a trailing twelve-month return on equity of 41.61%. During the same quarter last 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 announced a quarterly dividend on Tuesday, October 31st. Stockholders of record on Friday, November 17th will be given a dividend of $0.45 per share on Thursday, November 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 5.59%. The ex-dividend date is Thursday, November 16th. 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 5.60%. AIRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIRC will have a dividend payout ratio of 69.77% 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), Kelly Residential & Apartment Real Estate ETF (RESI), Residential REIT ETF (HAUS), Nuveen Short-Term REIT ETF (NURE), ALPS REIT Dividend Dogs ETF (RDOG), JPMorgan Realty Income ETF (JPRE), Invesco KBW Premium Yield Equity REIT ETF (KBWY) and Fidelity Real Estate Investment ETF (FPRO). Who are Apartment Income REIT's major shareholders? Apartment Income REIT's stock is owned by many different institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (9.23%), Principal Financial Group Inc. (6.12%), FMR LLC (3.92%), Daiwa Securities Group Inc. (2.05%), Rush Island Management LP (1.68%) and Charles Schwab Investment Management Inc. (1.40%). 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 and Terry Considine. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:AIRC) was last updated on 12/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Apartment Income REIT Corp. 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