Logo image of AIRC

Apartment Income REIT Corp (AIRC) Stock Price, Forecast & Analysis

USA - NYSE:AIRC - US03750L1098 - REIT

39.08 USD
-0.01 (-0.03%)
Last: 6/27/2024, 8:04:00 PM
39.09 USD
+0.01 (+0.03%)
After Hours: 6/27/2024, 8:04:00 PM

AIRC Key Statistics, Chart & Performance

Key Statistics
Market Cap5.67B
Revenue(TTM)803.88M
Net Income(TTM)639.37M
Shares145.10M
Float144.05M
52 Week High39.1
52 Week Low28.22
Yearly Dividend1.81
Dividend Yield3.45%
EPS(TTM)-0.37
PEN/A
Fwd PE383.14
Earnings (Next)07-25 2024-07-25/amc
IPO2020-12-03
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)


AIRC short term performance overview.The bars show the price performance of AIRC in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15 20

AIRC long term performance overview.The bars show the price performance of AIRC in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 5 -5 -10 -15

The current stock price of AIRC is 39.08 USD. In the past month the price increased by 0.96%. In the past year, price increased by 8.28%.

Apartment Income REIT Corp / AIRC Daily stock chart

AIRC Latest News, Press Relases and Analysis

AIRC Competitors/Peers

The largest stocks on the US markets in the "Multi-Family Residential REITs" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
AVB AVALONBAY COMMUNITIES INC 21.03 24.76B
EQR EQUITY RESIDENTIAL 18.07 22.70B
ESS ESSEX PROPERTY TRUST INC 21.26 16.21B
MAA MID-AMERICA APARTMENT COMM 21.23 15.01B
UDR UDR INC 34.73 11.16B
CPT CAMDEN PROPERTY TRUST 72.09 10.63B
IRT INDEPENDENCE REALTY TRUST IN 44.25 3.72B
ELME ELME COMMUNITIES N/A 1.45B
VRE VERIS RESIDENTIAL INC 57.44 1.34B
CSR CENTERSPACE N/A 993.03M
NXRT NEXPOINT RESIDENTIAL N/A 777.79M
AIV APARTMENT INVT & MGMT CO -A N/A 757.20M

About AIRC

Company Profile

AIRC logo image Apartment Income REIT Corp. is a real estate investment trust, which engages in the provision of apartment communities. The company is headquartered in Denver, Colorado and currently employs 750 full-time employees. The company went IPO on 2020-12-03. The firm is focused on investing in United States multi-family real estate. The firm operates through two segments: Same Store and Other Real Estate. Its Same Store segment includes communities that are owned and managed by the Company and have reached a stabilized level of operations. Its Other Real Estate segment includes communities that it expects to sell or lease to a third party, but do not meet the criteria to be classified as held for sale. The firm's portfolio includes approximately 74 apartment communities with 25,301 apartment homes. Its business and assets are managed by Apartment Income REIT, L.P. (the Operating Partnership). Its stabilized multi-family properties are located in several markets in the United States, such as Boston, Philadelphia, Greater Washington, D.C., Miami, Denver, the San Francisco Bay Area, Los Angeles and San Diego.

Company Info

Apartment Income REIT Corp

4582 S. Ulster Street, Suite 1700

Denver COLORADO 80237 US

CEO: Terry Considine

Employees: 750

AIRC Company Website

Phone: 13037578101

Apartment Income REIT Corp / AIRC FAQ

Can you describe the business of Apartment Income REIT Corp?

Apartment Income REIT Corp. is a real estate investment trust, which engages in the provision of apartment communities. The company is headquartered in Denver, Colorado and currently employs 750 full-time employees. The company went IPO on 2020-12-03. The firm is focused on investing in United States multi-family real estate. The firm operates through two segments: Same Store and Other Real Estate. Its Same Store segment includes communities that are owned and managed by the Company and have reached a stabilized level of operations. Its Other Real Estate segment includes communities that it expects to sell or lease to a third party, but do not meet the criteria to be classified as held for sale. The firm's portfolio includes approximately 74 apartment communities with 25,301 apartment homes. Its business and assets are managed by Apartment Income REIT, L.P. (the Operating Partnership). Its stabilized multi-family properties are located in several markets in the United States, such as Boston, Philadelphia, Greater Washington, D.C., Miami, Denver, the San Francisco Bay Area, Los Angeles and San Diego.


Can you provide the latest stock price for Apartment Income REIT Corp?

The current stock price of AIRC is 39.08 USD. The price decreased by -0.03% in the last trading session.


Does AIRC stock pay dividends?

Apartment Income REIT Corp (AIRC) has a dividend yield of 3.45%. The yearly dividend amount is currently 1.81.


What is the ChartMill rating of Apartment Income REIT Corp stock?

AIRC has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


Which stock exchange lists AIRC stock?

AIRC stock is listed on the New York Stock Exchange, Inc. exchange.


Can you provide the market cap for Apartment Income REIT Corp?

Apartment Income REIT Corp (AIRC) has a market capitalization of 5.67B USD. This makes AIRC a Mid Cap stock.


AIRC Technical Analysis

ChartMill assigns a technical rating of 9 / 10 to AIRC. When comparing the yearly performance of all stocks, AIRC is one of the better performing stocks in the market, outperforming 81.25% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

AIRC Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to AIRC. There are concerns on the financial health of AIRC while its profitability can be described as average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

AIRC Financial Highlights

Over the last trailing twelve months AIRC reported a non-GAAP Earnings per Share(EPS) of -0.37. The EPS decreased by -111.01% compared to the year before.


Industry RankSector Rank
PM (TTM) 79.54%
ROA 10.32%
ROE 28.05%
Debt/Equity 1.47
Chartmill High Growth Momentum
EPS Q2Q%37.5%
Sales Q2Q%-7.72%
EPS 1Y (TTM)-111.01%
Revenue 1Y (TTM)-0.05%

AIRC Forecast & Estimates

14 analysts have analysed AIRC and the average price target is 39.84 USD. This implies a price increase of 1.95% is expected in the next year compared to the current price of 39.08.

For the next year, analysts expect an EPS growth of 135.7% and a revenue growth -2.37% for AIRC


Analysts
Analysts52.86
Price Target39.84 (1.94%)
EPS Next Y135.7%
Revenue Next Year-2.37%

AIRC Ownership

Ownership
Inst Owners12.48%
Ins Owners0.13%
Short Float %N/A
Short RatioN/A