Apartment Income REIT (AIRC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $39.08 to $39.08
• 50-Day Range: $38.65 to $39.09
• 52-Week Range: $28.22 to $39.10
• Volume: N/A
• Average Volume: 2.81 million shs
• Market Capitalization: $5.67 billion
• P/E Ratio: 9.17
• Dividend Yield: 4.61%
• Price Target: $36.02
• Consensus Rating: Hold

AIRC Stock Analysis - Frequently Asked Questions

How were Apartment Income REIT's earnings last quarter?

Apartment Income REIT Corp. (NYSE:AIRC) posted its quarterly earnings data on Thursday, July, 28th. The company reported $1.26 EPS for the quarter, topping the consensus estimate of $0.22 by $1.04. Apartment Income REIT had a net margin of 79.54% and a trailing twelve-month return on equity of 25.86%.

What other stocks do shareholders of Apartment Income REIT own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Apartment Income REIT investors own include Net Lease Office Properties (NLOP), YETI (YETI), NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Academy Sports and Outdoors (ASO) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 7/28/2022
• Today: 11/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Real estate investment trusts
• Sub-Industry: Personal Services
• Current Symbol: NYSE:AIRC
• CUSIP: N/A
• CIK: 1820877
• Web: www.aircommunities.com
• Phone: 303-757-8101
• Fax: N/A
• Employees: 760
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $36.02
• High Stock Price Target: $39.12
• Low Stock Price Target: $31.00
• Potential Upside/Downside: -7.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.26
• Trailing P/E Ratio: 9.17
• Forward P/E Ratio: 16.49
• P/E Growth: N/A
• Net Income: $635.10 million
• Net Margins: 79.54%
• Pretax Margin: 86.78%
• Return on Equity: 25.86%
• Return on Assets: 10.17%

Debt

• Debt-to-Equity Ratio: 1.20
• Current Ratio: 0.63
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $820.04 million
• Price / Sales: 6.91
• Cash Flow: $6.65 per share
• Price / Cash Flow: 5.88
• Book Value: $17.34 per share
• Price / Book: 2.25

Miscellaneous

• Outstanding Shares: 145,100,000
• Free Float: 143,653,000
• Market Cap: $5.67 billion
• Optionable: Optionable
• Beta: 0.77