Apartment Income REIT Corp. (AIRC)
- Previous Close
38.46 - Open
38.48 - Bid 38.17 x 3200
- Ask 38.44 x 3100
- Day's Range
38.40 - 38.51 - 52 Week Range
28.22 - 38.68 - Volume
3,172,788 - Avg. Volume
2,639,534 - Market Cap (intraday)
5.573B - Beta (5Y Monthly) 0.90
- PE Ratio (TTM)
9.00 - EPS (TTM)
4.27 - Earnings Date Apr 29, 2024 - May 3, 2024
- Forward Dividend & Yield 1.80 (4.69%)
- Ex-Dividend Date Feb 15, 2024
- 1y Target Est
37.71
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.
www.aircommunities.comRecent News: AIRC
Performance Overview: AIRC
Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: AIRC
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: AIRC
Valuation Measures
Market Cap
5.57B
Enterprise Value
8.69B
Trailing P/E
9.00
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
7.04
Price/Book (mrq)
2.37
Enterprise Value/Revenue
10.60
Enterprise Value/EBITDA
7.47
Financial Highlights
Profitability and Income Statement
Profit Margin
80.35%
Return on Assets (ttm)
1.19%
Return on Equity (ttm)
27.44%
Revenue (ttm)
790.39M
Net Income Avi to Common (ttm)
634.44M
Diluted EPS (ttm)
4.27
Balance Sheet and Cash Flow
Total Cash (mrq)
91.4M
Total Debt/Equity (mrq)
122.18%
Levered Free Cash Flow (ttm)
119.26M
Research Analysis: AIRC
Company Insights: AIRC
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: AIRC
AIRC: What does Argus have to say about AIRC?
APARTMENT INCOME REIT CO has an Investment Rating of BUY; a target price of $42.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetAIRC: What does Argus have to say about AIRC?
APARTMENT INCOME REIT CO has an Investment Rating of BUY; a target price of $42.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Medium.
RatingPrice TargetAIRC: Raising target price to $42.00
APARTMENT INCOME REIT CO has an Investment Rating of BUY; a target price of $42.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice TargetAnalyst Report: Apartment Income REIT Corp.
Apartment Investment and Management Co. owns a portfolio of 75 apartment communities with over 26,000 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Boston, Denver, Los Angeles, Miami, Philadelphia, San Diego, San Francisco, and Washington, D.C.
RatingPrice Target