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 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.
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 Ratio17.47
Forward P/E Ratio17.54
P/E Growth3.71
Sales & Book Value
Annual Sales$1.01 billion
Price / Sales6.70
Cash Flow$4.3354 per share
Price / Cash9.87
Book Value$9.75 per share
Price / Book4.39
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$6.80 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 given a dividend of $0.38 per share on Friday, August 31st. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.55%. 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 quarterly earnings data on Thursday, August, 2nd. The real estate investment trust reported $0.02 earnings per share 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 analyst estimates of $242.93 million. Apartment Investment and Management had a return on equity of 25.11% and a net margin of 36.78%. The firm's quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.61 earnings per share. View Apartment Investment and Management's Earnings History.
When is Apartment Investment and Management's next earnings date?
How can I listen to Apartment Investment and Management's earnings call?
Apartment Investment and Management will be holding an earnings conference call on Friday, November 2nd at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.
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 earnings per share 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 Wall Street analysts have issued 12-month target prices for Apartment Investment and Management's shares. Their forecasts range from $42.00 to $50.00. On average, they anticipate Apartment Investment and Management's share price to reach $45.75 in the next twelve months. This suggests a possible upside of 6.9% 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 2 sell ratings, 6 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?
Some companies that are related to Apartment Investment and Management include AvalonBay Communities (AVB), Welltower (WELL), Equity Residential (EQR), DIGITAL RLTY TR/SH (DLR), UNIBAIL-RODAMCO/ADR (UNRDY), Weyerhaeuser (WY), GGP (GGP), Ventas (VTR), Boston Properties (BXP), SBA Communications (SBAC), Realty Income (O), Essex Property Trust (ESS), Host Hotels and Resorts (HST), Vornado Realty Trust (VNO) 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)
Who are Apartment Investment and Management's major shareholders?
Apartment Investment and Management's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Duff & Phelps Investment Management Co. (0.89%), Hexavest Inc. (0.71%), Bank of Montreal Can (0.19%), Strs Ohio (0.14%), State of New Jersey Common Pension Fund D (0.13%) and Green Street Investors LLC (0.12%). 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 major investors are selling Apartment Investment and Management stock?
AIV stock was sold by a variety of institutional investors in the last quarter, including Duff & Phelps Investment Management Co., State of Alaska Department of Revenue, Spirit of America Management Corp NY, Strs Ohio and Texas Permanent School Fund. 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 major investors are buying Apartment Investment and Management stock?
AIV stock was bought by a variety of institutional investors in the last quarter, including Hexavest Inc., Bank of Montreal Can, Green Street Investors LLC, Ibex Wealth Advisors, RMR Advisors LLC, Aperio Group LLC, State of New Jersey Common Pension Fund D and Oakbrook Investments 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 $42.79.
How big of a company is Apartment Investment and Management?
Apartment Investment and Management has a market capitalization of $6.80 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.
What is Apartment Investment and Management's official website?
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)
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.
