Apartment Investment and Management (NYSE:AIV) Issues Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Apartment Investment and Management (NYSE:AIV - Get Free Report) announced its quarterly earnings results on Monday. The real estate investment trust reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.04, RTT News reports. The company had revenue of $54.17 million for the quarter, compared to the consensus estimate of $53.11 million. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. Apartment Investment and Management updated its FY 2025 guidance to 1.500-1.600 EPS.

Apartment Investment and Management Trading Up 1.2 %

Apartment Investment and Management stock traded up $0.11 during trading on Thursday, hitting $8.92. The company had a trading volume of 267,910 shares, compared to its average volume of 1,178,587. Apartment Investment and Management has a 1-year low of $7.17 and a 1-year high of $9.48. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 4.28. The company's 50 day simple moving average is $8.83 and its 200-day simple moving average is $8.82. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of -5.15 and a beta of 1.38.

Apartment Investment and Management Dividend Announcement

The company also recently declared a special dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 14th were issued a dividend of $0.60 per share. The ex-dividend date was Tuesday, January 14th. Apartment Investment and Management's dividend payout ratio is currently -136.49%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Apartment Investment and Management from a "sell" rating to a "hold" rating in a report on Wednesday.

Apartment Investment and Management Company Profile

Apartment Investment & Management Co operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. The company was founded in 1975 and is headquartered in Denver, CO.