Industry Strength Score
25/100
Composite price performance score based on 3, 6, and 12-month returns, with more weight on recent trends.
Apartment Income REIT Corp (AIRC) Stock Price & Overview
NYSE:AIRC • US03750L1098
Current stock price
39.08 USD
-0.01 (-0.03%)
At close:
39.09 USD
+0.01 (+0.03%)
After Hours:
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
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. AIRC has a medium profitability rating, but doesn't score so well on its financial health evaluation.
Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend
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 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 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 Rank | Sector 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 Ownership
Ownership
Inst Owners12.48%
Shares145.10M
Float144.05M
Ins Owners0.13%
Short Float %N/A
Short RatioN/A
AIRC Industry Overview
AIRC operates in the Multi-Family Residential REITs sub-industry within the Real Estate sector. This group contains 14 stocks and is scored by ChartMill on both price strength and growth momentum.
Industry Growth Score
35/100
Composite growth score based on earnings growth, revenue growth, and profitability across the sub-industry.
Relative Performance
Each rank shows how many other sub-industries were outperformed over that timeframe.
1 Month Rank
59%
Outperformed 59% of sub-industries
3 Month Rank
47%
Outperformed 47% of sub-industries
6 Month Rank
48%
Outperformed 48% of sub-industries
Industry Fundamentals & Breadth
- Members
- 14
- New Highs
- 7.1%
- New Lows
- 0%
- Average ROE
- 10.2%
- Average Profit Margin
- 31%
- Average Operating Margin
- 26.4%
- Average P/E
- 35.0
- Average Fwd P/E
- 47.0
- Average Debt/Equity
- 1.0
AIRC Competitors/Peers
The largest stocks on the US markets in the "Multi-Family Residential REITs" sub-industry
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| AVB | AVALONBAY COMMUNITIES INC | 35.29 | 25.52B | ||
| EQR | EQUITY RESIDENTIAL | 42.77 | 24.605B | ||
| ESS | ESSEX PROPERTY TRUST INC | 43.15 | 16.981B | ||
| MAA | MID-AMERICA APARTMENT COMM | 37.42 | 14.958B | ||
| UDR | UDR INC | 64.63 | 11.859B | ||
| CPT | CAMDEN PROPERTY TRUST | 77.5 | 10.939B | ||
| IRT | INDEPENDENCE REALTY TRUST IN | 65.94 | 3.829B | ||
| VRE | VERIS RESIDENTIAL INC | N/A | 1.779B | ||
| CSR | CENTERSPACE | N/A | 1.148B | ||
| NXRT | NEXPOINT RESIDENTIAL | N/A | 737.171M | ||
| AIV | APARTMENT INVT & MGMT CO -A | N/A | 612.886M | ||
| BRT | BRT APARTMENTS CORP | N/A | 272.743M | ||
| ELME | ELME COMMUNITIES | N/A | 191.049M |
Related stock screener links
View all stocks in the Multi-Family Residential REITs Industry | View all stocks in the Real Estate Sector | View all stocks on the New York Stock Exchange Exchange | Find stocks with similar TA and Setup ratings on the USA exchanges | Find stocks with similar Fundamental rating on the USA exchanges | Find the competitors with the best technical ratings on the USA exchanges | Find the competitors with the best fundamentals on the USA exchanges | Find the competitors with the best valuation on the USA exchanges | Find the competitors with the best dividend on the USA exchanges | Find the competitors with the best analyst ratings on the USA exchanges
About AIRC
Company Profile
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
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 current price of AIRC stock?
The current stock price of AIRC is 39.08 USD. The price decreased by -0.03% in the last trading session.
Does Apartment Income REIT Corp 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.
What is the Price/Earnings (PE) ratio of Apartment Income REIT Corp (AIRC)?
Apartment Income REIT Corp (AIRC) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.37).
What is the expected growth for AIRC stock?
The Revenue of Apartment Income REIT Corp (AIRC) is expected to decline by -2.37% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.
What is Apartment Income REIT Corp worth?
Apartment Income REIT Corp (AIRC) has a market capitalization of 5.67B USD. This makes AIRC a Mid Cap stock.