Apartment Income REIT Corp (AIRC) Stock Price & Overview

NYSE:AIRC • US03750L1098

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

The current stock price of AIRC is 39.08 USD. Today AIRC is down by -0.03%. In the past month the price increased by 0.96%. In the past year, price increased by 8.28%.

AIRC Key Statistics

52-Week Range28.22 - 39.1
Current AIRC stock price positioned within its 52-week range.
1-Month Range38.555 - 39.1
Current AIRC stock price positioned within its 1-month range.
Market Cap
5.671B
P/E
N/A
Fwd P/E
383.14
EPS (TTM)
-0.37
Dividend Yield
3.45%

AIRC Stock Performance

Today
-0.03%
1 Week
+0.31%
1 Month
+0.96%
3 Months
+20.36%
Longer-term
6 Months +12.53%
1 Year +8.28%
2 Years -6.06%
3 Years -17.60%
5 Years N/A
10 Years N/A

AIRC Stock Chart

Apartment Income REIT Corp / AIRC Daily stock chart

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 Full Technical Analysis Report

AIRC Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to AIRC. While AIRC is still in line with the averages on profitability rating, there are concerns on its financial health.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend
AIRC Full Fundamental Analysis Report

AIRC Earnings

On May 8, 2024 AIRC reported an EPS of -0.05 and a revenue of 195.62M. The company missed EPS expectations (-2550.98% surprise) and missed revenue expectations (-3.06% surprise).

Next Earnings DateJul 25, 2024
Last Earnings DateMay 8, 2024
PeriodQ1 / 2024
EPS Reported-$0.05
Revenue Reported195.622M
EPS Surprise -2,550.98%
Revenue Surprise -3.06%
AIRC Earnings History

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 Forecast & Estimates

AIRC Groups

Sector & Classification

Index Membership

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.


Income Statements
Revenue(TTM)803.88M
Net Income(TTM)639.37M
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 financials

AIRC Ownership

Ownership
Inst Owners12.48%
Shares145.10M
Float144.05M
Ins Owners0.13%
Short Float %N/A
Short RatioN/A
AIRC Ownership

AIRC Competitors/Peers

The largest stocks on the US markets in the "Multi-Family Residential REITs" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
AVB AVALONBAY COMMUNITIES INC33.2223.959B
EQR EQUITY RESIDENTIAL41.1522.755B
ESS ESSEX PROPERTY TRUST INC41.5716.209B
MAA MID-AMERICA APARTMENT COMM38.0314.934B
UDR UDR INC62.2411.842B
CPT CAMDEN PROPERTY TRUST84.6910.521B
IRT INDEPENDENCE REALTY TRUST IN75.573.815B
VRE VERIS RESIDENTIAL INC N/A1.765B
CSR CENTERSPACE N/A1.058B
NXRT NEXPOINT RESIDENTIAL N/A670.062M
AIV APARTMENT INVT & MGMT CO -A N/A606.577M
BRT BRT APARTMENTS CORP N/A274.268M
ELME ELME COMMUNITIES N/A185.717M

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

IPO: 2020-12-03

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.


What is the stock price of Apartment Income REIT Corp today?

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


What is the dividend status of Apartment Income REIT Corp?

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


What is the ChartMill technical and fundamental rating of AIRC stock?

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


What is the ex-dividend date for AIRC stock?

The next ex-dividend date for Apartment Income REIT Corp (AIRC) is February 15, 2024.


What is the next earnings date for AIRC stock?

Apartment Income REIT Corp (AIRC) will report earnings on 2024-07-25, after the market close.


Who owns Apartment Income REIT Corp?

You can find the ownership structure of Apartment Income REIT Corp (AIRC) on the Ownership tab.