NYSE:AIRC Apartment Income REIT (AIRC) Stock Price, News & Analysis → [BUY ALERT] Our #1 A.I. Stock for March (From Behind the Markets) (Ad) Free AIRC Stock Alerts $32.47 +0.54 (+1.69%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$32.08▼$32.7050-Day Range$30.12▼$34.5052-Week Range$28.22▼$37.36Volume992,690 shsAverage Volume1.21 million shsMarket Capitalization$4.70 billionP/E Ratio7.67Dividend Yield5.54%Price Target$37.71 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 RatingHold2.43 Rating ScoreUpside/Downside16.2% Upside$37.71 Price TargetShort InterestHealthy2.24% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.23Based on 4 Articles This WeekInsider TradingAcquiring Shares$51,254 Bought Last QuarterProj. Earnings Growth6.30%From $2.38 to $2.53 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.3.52 out of 5 starsFinance Sector401st out of 851 stocksReal Estate Investment Trusts Industry88th out of 181 stocks 2.2 Analyst's Opinion Consensus RatingApartment Income REIT has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $37.71, Apartment Income REIT has a forecasted upside of 16.2% from its current price of $32.47.Amount of Analyst CoverageApartment Income REIT has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.24% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Apartment Income REIT has recently increased by 44.00%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipApartment Income REIT is a leading dividend payer. It pays a dividend yield of 5.75%, 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 71.15% 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 2.3 News and Social Media Coverage News SentimentApartment Income REIT has a news sentiment score of 0.23. 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 lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Apartment Income REIT this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for AIRC on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat Follows8 people have added Apartment Income REIT to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 6.30% in the coming year, from $2.38 to $2.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Apartment Income REIT is 7.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Apartment Income REIT is 7.67, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.48.Price to Book Value per Share RatioApartment Income REIT has a P/B Ratio of 1.87. 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 Behind the Markets[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.Get the name of the stock here - before it takes off >>> 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 HeadlinesMarch 26, 2024 | americanbankingnews.comApartment Income REIT Corp. (NYSE:AIRC) Given Average Rating of "Hold" by BrokeragesMarch 20, 2024 | finance.yahoo.comAIR Communities Named National Top Workplace WinnerMarch 29, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.March 19, 2024 | americanbankingnews.comApartment Income REIT (NYSE:AIRC) Lowered to "Market Perform" at Raymond JamesMarch 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 increasesMarch 29, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.February 22, 2024 | benzinga.comApartment Income REIT Stock (NYSE:AIRC) Insider TradesFebruary 21, 2024 | investorplace.com7 Small-Cap Value Stocks With Outsized PotentialFebruary 14, 2024 | finance.yahoo.comAIR Communities Announces Date of 2024 Annual Meeting and Continues its Commitment to Corporate Governance ExcellenceFebruary 14, 2024 | businesswire.comAIR Communities Announces Date of 2024 Annual Meeting and Continues its Commitment to Corporate Governance ExcellenceFebruary 12, 2024 | seekingalpha.comApartment Income REIT: Overlooked And Undervalued 5.7% YielderFebruary 12, 2024 | finance.yahoo.comApartment Income REIT Corp. (NYSE:AIRC) Q4 2023 Earnings Call TranscriptFebruary 10, 2024 | benzinga.comApartment Income REIT Stock (NYSE:AIRC) Earnings Dates and Earning CallsFebruary 9, 2024 | finanznachrichten.deApartment Income REIT Communities Reports Fourth Quarter 2023 ResultsFebruary 8, 2024 | finance.yahoo.comApartment Income REIT Corp. (AIRC) Q4 Earnings: Taking a Look at Key Metrics Versus EstimatesFebruary 8, 2024 | finance.yahoo.comApartment Income REIT Corp (AIRC) Reports Mixed Results Amidst Growth and RepurchasesFebruary 8, 2024 | finance.yahoo.comAIR Communities Reports Fourth Quarter 2023 ResultsFebruary 8, 2024 | msn.comApartment Income REIT Q4 2023 Earnings PreviewFebruary 1, 2024 | investing.comApartment Income REIT Corp (AIRC)January 25, 2024 | finance.yahoo.comAIR Communities Announces 2023 Dividend Income Tax AllocationsJanuary 12, 2024 | finance.yahoo.comAIR Communities Announces Dates for Fourth Quarter and Year-End 2023 Earnings Release and Conference CallJanuary 1, 2024 | markets.businessinsider.comBTIG Keeps Their Hold Rating on Apartment Income REIT (AIRC)December 24, 2023 | seekingalpha.comApartment Income REIT: Outperforming, Strong Growth, 5%-Plus YieldDecember 11, 2023 | msn.comEquity Residential stock edges down after Mizuho cuts to NeutralSee 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 Payable2/27/2024Today3/28/2024Next 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$37.71 High Stock Price Target$44.00 Low Stock Price Target$31.00 Potential Upside/Downside+16.2%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$4.23 Trailing P/E Ratio7.67 Forward P/E Ratio13.64 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 / Sales5.74 Cash Flow$6.89 per share Price / Cash Flow4.71 Book Value$17.34 per share Price / Book1.87Miscellaneous Outstanding Shares144,920,000Free Float143,468,000Market Cap$4.70 billion OptionableOptionable Beta0.89 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 Ms. Mary C. JensenHead of Investor RelationsMs. Patti ShwayderSenior VP & Chief Corporate Responsibility OfficerMr. Matthew O'Grady (Age 41)Senior Vice President of Capital Markets More ExecutivesKey CompetitorsKite Realty Group TrustNYSE:KRGEssential Properties Realty TrustNYSE:EPRTPhillips Edison & Company, Inc.NASDAQ:PECOKilroy RealtyNYSE:KRCVornado Realty TrustNYSE:VNOView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 8,174 shares on 3/25/2024Ownership: 0.015%Vanguard Group Inc.Sold 340,238 shares on 3/11/2024Ownership: 14.656%American International Group Inc.Sold 11,670 shares on 2/28/2024Ownership: 0.137%Teachers Retirement System of The State of KentuckySold 2,400 shares on 2/26/2024Ownership: 0.034%Thomas N BohjalianBought 750 shares on 2/23/2024Total: $23,250.00 ($31.00/share)View All Insider TransactionsView All Institutional Transactions AIRC Stock Analysis - Frequently Asked Questions Should I buy or sell Apartment Income REIT stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apartment Income REIT in the last year. There are currently 4 hold ratings and 3 buy ratings 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? 7 Wall Street analysts have issued 1-year price objectives for Apartment Income REIT's shares. Their AIRC share price targets range from $31.00 to $44.00. On average, they expect the company's share price to reach $37.71 in the next year. This suggests a possible upside of 16.2% 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 2024? Apartment Income REIT's stock was trading at $34.73 at the start of the year. Since then, AIRC stock has decreased by 6.5% and is now trading at $32.4650. View the best growth stocks for 2024 here. Are investors shorting Apartment Income REIT? Apartment Income REIT saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,240,000 shares, an increase of 44.0% from the February 29th total of 2,250,000 shares. Based on an average daily trading volume, of 1,210,000 shares, the short-interest ratio is presently 2.7 days. Currently, 2.2% of the shares of the stock are short sold. 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) issued its quarterly earnings data on Thursday, July, 28th. The company reported $1.26 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $1.04. Apartment Income REIT had a trailing twelve-month return on equity of 26.29% and a net margin of 77.37%. During the same quarter in the prior year, the business earned $0.52 earnings per share. 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 dividend yield of 5.54%. The ex-dividend date of this dividend 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 5.75%. 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 71.15% 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). 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 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 variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (14.45%), Vanguard Group Inc. (14.66%), Cohen & Steers Inc. (7.00%), Principal Financial Group Inc. (5.30%), Cbre Investment Management Listed Real Assets LLC (1.75%) and Daiwa Securities Group Inc. (1.67%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 Media“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyFed launches fourth dollar overhaulStansberry ResearchAI healthcare stock poised for 36,996% growth?Behind the MarketsMost important medical advance in 100 yearsThe Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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