Aimco 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 184 communities in 22 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.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustryResidential REITs
SectorFinance
SymbolNYSE:AIV
CUSIP03748R10
Phone303-757-8101
Debt
Debt-to-Equity Ratio2.77
Current Ratio0.62
Quick Ratio0.62
Price-To-Earnings
Trailing P/E Ratio17.16
Forward P/E Ratio17.23
P/E Growth3.54
Sales & Book Value
Annual Sales$1.01 billion
Price / Sales6.58
Cash Flow$4.5156 per share
Price / Cash9.31
Book Value$9.75 per share
Price / Book4.31
Profitability
EPS (Most Recent Fiscal Year)$2.45
Net Income$315.77 million
Net Margins38.11%
Return on Equity26.79%
Return on Assets6.22%
Miscellaneous
Employees1,350
Outstanding Shares157,350,000
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, May 2nd. Investors of record on Friday, May 18th will be given a dividend of $0.38 per share on Thursday, May 31st. This represents a $1.52 annualized dividend and a yield of 3.62%. The ex-dividend date is Thursday, May 17th. 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) issued its quarterly earnings results on Monday, May, 7th. The real estate investment trust reported $0.52 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $0.08. The real estate investment trust had revenue of $247.72 million for the quarter, compared to analyst estimates of $240.46 million. Apartment Investment and Management had a return on equity of 26.79% and a net margin of 38.11%. Apartment Investment and Management's revenue for the quarter was up .5% on a year-over-year basis. During the same period last year, the firm posted $0.58 EPS. View Apartment Investment and Management's Earnings History.
When is Apartment Investment and Management's next earnings date?
What guidance has Apartment Investment and Management issued on next quarter's earnings?
Apartment Investment and Management updated its FY18 earnings guidance on Monday, May, 7th. The company provided earnings per share (EPS) guidance of $2.39-$2.49 for the period, compared to the Thomson Reuters consensus estimate of $2.48. Apartment Investment and Management also updated its Q2 guidance to $0.57-$0.61 EPS.
What price target have analysts set for AIV?
12 brokers have issued 1-year target prices for Apartment Investment and Management's shares. Their forecasts range from $39.00 to $52.00. On average, they anticipate Apartment Investment and Management's share price to reach $45.6364 in the next twelve months. 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, "Shares of Apartment Investment and Management Company, better known as Aimco, have underperformed its industry in the past three months. Moreover, the trend in estimate revisions of current-year funds from operations (FFO) per share does not indicate a favorable earnings outlook for the company. Aimco is making diligent efforts to reposition its portfolio by shedding non-strategic properties and investing the proceeds in opportunistic acquisitions. However, the dilutive impact on earnings from such asset dispositions cannot be bypassed in the near term. Also, new supply in various markets is anticipated to dampen the company’s rent growth and new-lease pricing ability. Hike in interest rate adds to its woes. Nevertheless, Aimco’s portfolio is diversified in terms of geography and price point and its revamping efforts have the capability to drive long term growth." (6/19/2018)
- 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?
Some companies that are related to Apartment Investment and Management include AvalonBay Communities (AVB), Equity Residential (EQR), DIGITAL Rlty Tr/SH SH (DLR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR), Boston Properties (BXP), SBA Communications (SBAC), Host Hotels and Resorts (HST), Essex Property Trust (ESS), Realty Income (O), Vornado Realty Trust (VNO), Gecina (GECFF) and Alexandria Real Estate Equities (ARE).
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?
Press coverage about AIV stock has been trending positive this week, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Apartment Investment and Management earned a news impact score of 0.26 on Accern's scale. They also gave news stories about the real estate investment trust an impact score of 46.39 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Apartment Investment and Management's major shareholders?
Apartment Investment and Management's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.51%), Principal Financial Group Inc. (4.78%), Long Pond Capital LP (4.67%), Northern Trust Corp (1.57%), Dimensional Fund Advisors LP (1.53%) and Schwab Charles Investment Management Inc. (1.28%). Company insiders that own Apartment Investment and Management stock include John E Bezzant, Kathleen M Nelson, Keith M Kimmel, Lisa R Cohn, Miles Cortez, Patti K Fielding, Paul Beldin 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 Nuveen Asset Management LLC, Lord Abbett & CO. LLC, Duff & Phelps Investment Management Co., Schwab Charles Investment Management Inc., Stevens Capital Management LP, Barclays PLC, Manning & Napier Group LLC and Prudential Financial Inc.. 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 Long Pond Capital LP, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Echo Street Capital Management LLC, V3 Capital Management L.P., Schroder Investment Management Group, Zimmer Partners LP and Millennium Management LLC. 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 $42.04.
How big of a company is Apartment Investment and Management?
Apartment Investment and Management has a market capitalization of $6.41 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 (AIV)
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.
