NYSE:AIV - Apartment Investment and Management Stock Price, News, & Analysis

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$43.45 -0.53 (-1.21 %)
(As of 08/21/2018 04:00 PM ET)
Previous Close$43.98
Today's Range$43.33 - $43.93
52-Week Range$37.97 - $46.72
Volume564,162 shs
Average Volume1.01 million shs
Market Capitalization$6.91 billion
P/E Ratio17.95
Dividend Yield3.46%
Beta0.45
Apartment Investment and Management logoAimco is a real estate investment trust focused on the ownership and management of quality apartment communities located in select markets in the United States. Aimco is one of the country's largest owners and operators of apartments, with ownership interests in 133 communities in 17 states and the District of Columbia. Aimco common shares are traded on the New York Stock Exchange under the ticker symbol AIV, and are included in the S&P 500. For more information about Aimco, please visit our website at www.aimco.com.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
SymbolNYSE:AIV
CUSIP03748R10
Phone303-757-8101

Debt

Debt-to-Equity Ratio2.93
Current Ratio0.59
Quick Ratio0.59

Price-To-Earnings

Trailing P/E Ratio17.95
Forward P/E Ratio17.88
P/E Growth3.83

Sales & Book Value

Annual Sales$1.01 billion
Price / Sales6.80
Cash Flow$4.3320 per share
Price / Cash10.03
Book Value$9.75 per share
Price / Book4.46

Profitability

EPS (Most Recent Fiscal Year)$2.45
Net Income$315.77 million
Net Margins36.78%
Return on Equity25.11%
Return on Assets5.92%

Miscellaneous

Employees1,350
Outstanding Shares157,350,000
Market Cap$6.91 billion

Apartment Investment and Management (NYSE:AIV) Frequently Asked Questions

What is Apartment Investment and Management's stock symbol?

Apartment Investment and Management trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIV."

How often does Apartment Investment and Management pay dividends? What is the dividend yield for Apartment Investment and Management?

Apartment Investment and Management declared a quarterly dividend on Wednesday, August 1st. Investors of record on Friday, August 17th will be paid a dividend of $0.38 per share on Friday, August 31st. This represents a $1.52 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date is Thursday, August 16th. View Apartment Investment and Management's Dividend History.

How were Apartment Investment and Management's earnings last quarter?

Apartment Investment and Management Co (NYSE:AIV) announced its earnings results on Thursday, August, 2nd. The real estate investment trust reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.62 by $0.60. The real estate investment trust earned $250.13 million during the quarter, compared to the consensus estimate of $242.93 million. Apartment Investment and Management had a net margin of 36.78% and a return on equity of 25.11%. The business's quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.61 EPS. View Apartment Investment and Management's Earnings History.

When is Apartment Investment and Management's next earnings date?

Apartment Investment and Management is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for Apartment Investment and Management.

What guidance has Apartment Investment and Management issued on next quarter's earnings?

Apartment Investment and Management updated its FY18 earnings guidance on Thursday, August, 2nd. The company provided earnings per share (EPS) guidance of $2.40-2.48 for the period, compared to the Thomson Reuters consensus estimate of $2.44. Apartment Investment and Management also updated its Q3 guidance to $0.58-0.62 EPS.

What price target have analysts set for AIV?

11 equities research analysts have issued 1 year target prices for Apartment Investment and Management's shares. Their predictions range from $42.00 to $50.00. On average, they anticipate Apartment Investment and Management's share price to reach $46.00 in the next twelve months. This suggests a possible upside of 5.9% from the stock's current price. View Analyst Price Targets for Apartment Investment and Management.

What is the consensus analysts' recommendation for Apartment Investment and Management?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apartment Investment and Management in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apartment Investment and Management.

What are Wall Street analysts saying about Apartment Investment and Management stock?

Here are some recent quotes from research analysts about Apartment Investment and Management stock:
  • 1. According to Zacks Investment Research, "Apartment Investment and Management Company, which is better known as Aimco, reported second-quarter 2018 pro forma funds from operations (FFO) of 61 cents per share, missing the Zacks Consensus Estimate by a penny. Results display growth in same-store property net operating income (NOI), and lease-up of redevelopment and acquisition properties. These positives were offset by lower NOI from apartment sales in 2017 and 2018, increased interest expense on corporate borrowings, and lower tax benefits. Notably, Aimco has a solid portfolio, diversified in terms of geography and price point. It is making diligent efforts to improve portfolio mix. The company also completed its exit from the affordable housing line of business and has reduced its leverage. Yet, dilutive impact on earnings from asset dispositions and adverse impact on rent growth and new-lease pricing from elevated supply in various markets remain concerns." (8/7/2018)
  • 2. BMO Capital Markets analysts commented, "OAK reported 3Q17 $0.67 of adjusted net income (ANI) per share, comfortably beating our and consensus’ estimate of $0.50 and $0.56. The beat was broad-based: Fee-related earnings (FRE) of $60M came in ahead of our $49M expectation on better management fees and unusually low expenses. Incentive income of $54M was essentially in line, but the better FRE and better cash from fund investments all led to distributable earnings of $0.74 per share. As far as FRE is concerned, we wouldn’t take this quarter’s expense level as a go-forward run rate and, as usual, management estimated that 4Q17 incentive income would likely come in a bit lighter than 3Q’s." (10/27/2017)

Who are some of Apartment Investment and Management's key competitors?

Who are Apartment Investment and Management's key executives?

Apartment Investment and Management's management team includes the folowing people:
  • Mr. Terry Considine J.D., Chairman & CEO (Age 70)
  • Mr. Paul L. Beldin CPA, Exec. VP & CFO (Age 44)
  • Ms. Lisa R. Cohn, Exec. VP, Gen. Counsel & Sec. (Age 49)
  • Mr. Keith M. Kimmel, Exec. VP of Property Operations (Age 46)
  • Ms. Patti K. Fielding, Exec. VP of Debt & Treasurer (Age 54)

Has Apartment Investment and Management been receiving favorable news coverage?

News articles about AIV stock have been trending somewhat positive on Tuesday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Apartment Investment and Management earned a news and rumor sentiment score of 0.12 on Accern's scale. They also gave news coverage about the real estate investment trust an impact score of 46.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for Apartment Investment and Management.

Who are Apartment Investment and Management's major shareholders?

Apartment Investment and Management's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.49%), FMR LLC (3.97%), Long Pond Capital LP (3.76%), Renaissance Technologies LLC (3.61%), Dimensional Fund Advisors LP (1.57%) and Schwab Charles Investment Management Inc. (1.34%). Company insiders that own Apartment Investment and Management stock include John E Bezzant, Kathleen M Nelson, Keith M Kimmel, Lisa R Cohn, Miles Cortez and Terry Considine. View Institutional Ownership Trends for Apartment Investment and Management.

Which institutional investors are selling Apartment Investment and Management stock?

AIV stock was sold by a variety of institutional investors in the last quarter, including Long Pond Capital LP, Presima Inc., Adelante Capital Management LLC, First Quadrant L P CA, Renaissance Technologies LLC, Employees Retirement System of Texas, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Millennium Management LLC. Company insiders that have sold Apartment Investment and Management company stock in the last year include John E Bezzant, Kathleen M Nelson, Keith M Kimmel, Lisa R Cohn, Miles Cortez and Terry Considine. View Insider Buying and Selling for Apartment Investment and Management.

Which institutional investors are buying Apartment Investment and Management stock?

AIV stock was bought by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Victory Capital Management Inc., Schroder Investment Management Group, Los Angeles Capital Management & Equity Research Inc., Green Street Investors LLC, Highland Associates Inc., WINTON GROUP Ltd and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Apartment Investment and Management.

How do I buy shares of Apartment Investment and Management?

Shares of AIV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Apartment Investment and Management's stock price today?

One share of AIV stock can currently be purchased for approximately $43.45.

How big of a company is Apartment Investment and Management?

Apartment Investment and Management has a market capitalization of $6.91 billion and generates $1.01 billion in revenue each year. The real estate investment trust earns $315.77 million in net income (profit) each year or $2.45 on an earnings per share basis. Apartment Investment and Management employs 1,350 workers across the globe.

How can I contact Apartment Investment and Management?

Apartment Investment and Management's mailing address is 4582 SOUTH ULSTER STREET SUITE 1100, DENVER CO, 80237. The real estate investment trust can be reached via phone at 303-757-8101 or via email at [email protected]


MarketBeat Community Rating for Apartment Investment and Management (NYSE AIV)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  304 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  672
MarketBeat's community ratings are surveys of what our community members think about Apartment Investment and Management and other stocks. Vote "Outperform" if you believe AIV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/21/2018 by MarketBeat.com Staff

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