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Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
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3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
NYSE:AIRC

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

$31.19
-0.50 (-1.58%)
(As of 03/18/2024 ET)
Today's Range
$31.17
$31.66
50-Day Range
$30.12
$35.85
52-Week Range
$28.22
$37.36
Volume
1.30 million shs
Average Volume
1.25 million shs
Market Capitalization
$4.52 billion
P/E Ratio
7.37
Dividend Yield
5.77%
Price Target
$37.71

Apartment Income REIT MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
20.9% Upside
$37.71 Price Target
Short Interest
Healthy
1.56% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.20mentions of Apartment Income REIT in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$51,254 Bought Last Quarter
Proj. Earnings Growth
5.86%
From $2.39 to $2.53 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.54 out of 5 stars

Finance Sector

335th out of 882 stocks

Real Estate Investment Trusts Industry

71st out of 180 stocks

AIRC stock logo

About Apartment Income REIT Stock (NYSE:AIRC)

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.

AIRC Stock Price History

AIRC Stock News Headlines

February Portfolio: Dividends, Buys, And Sells
They said crypto was dead. It went up 100X.
Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.
7 Small-Cap Value Stocks With Outsized Potential
Central Bank Gold Heist In Progress
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
AIR Communities Reports Fourth Quarter 2023 Results
Apartment Income REIT Corp (AIRC)
BTIG Keeps Their Hold Rating on Apartment Income REIT (AIRC)
BTIG Reaffirms Their Hold Rating on Apartment Income REIT (AIRC)
See More Headlines
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Company Calendar

Last Earnings
7/28/2022
Ex-Dividend for 2/27 Dividend
2/15/2024
Dividend Payable
2/27/2024
Today
3/18/2024
Next Earnings (Estimated)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Fax
N/A
Employees
760
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$37.71
High Stock Price Target
$44.00
Low Stock Price Target
$31.00
Potential Upside/Downside
+20.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$635.10 million
Pretax Margin
84.35%

Debt

Sales & Book Value

Annual Sales
$820.04 million
Cash Flow
$6.62 per share
Book Value
$17.34 per share

Miscellaneous

Free Float
143,468,000
Market Cap
$4.52 billion
Optionable
Optionable
Beta
0.89
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AIRC Stock Analysis - Frequently Asked Questions

Should I buy or sell Apartment Income REIT stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Apartment Income REIT in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AIRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AIRC, but not buy additional shares or sell existing shares.
View AIRC analyst ratings
or view top-rated stocks.

What is Apartment Income REIT's stock price target for 2024?

7 analysts have issued 12-month price targets for Apartment Income REIT's shares. Their AIRC share price targets range from $31.00 to $44.00. On average, they predict the company's share price to reach $37.71 in the next twelve months. This suggests a possible upside of 20.9% from the stock's current price.
View analysts price targets for AIRC
or view top-rated stocks among Wall Street analysts.

How have AIRC shares performed in 2024?

Apartment Income REIT's stock was trading at $34.73 at the beginning of the year. Since then, AIRC stock has decreased by 10.2% and is now trading at $31.19.
View the best growth stocks for 2024 here
.

When is Apartment Income REIT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our AIRC earnings forecast
.

How were Apartment Income REIT's earnings last quarter?

Apartment Income REIT Corp. (NYSE:AIRC) posted its quarterly earnings results on Thursday, July, 28th. The company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $1.04. Apartment Income REIT had a trailing twelve-month return on equity of 26.29% and a net margin of 77.37%. During the same quarter in the previous year, the firm posted $0.52 EPS.

How often does Apartment Income REIT pay dividends? What is the dividend yield for Apartment Income REIT?

Apartment Income REIT announced a quarterly dividend on Wednesday, January 31st. Stockholders of record on Friday, February 16th will be paid a dividend of $0.45 per share on Tuesday, February 27th. This represents a $1.80 annualized dividend and a yield of 5.77%. The ex-dividend date is Thursday, February 15th.
Read our dividend analysis for AIRC
.

Is Apartment Income REIT a good dividend stock?

Apartment Income REIT (NYSE:AIRC) pays an annual dividend of $1.80 per share and currently has a dividend yield of 5.75%. AIRC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 42.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIRC will have a dividend payout ratio of 71.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIRC.

What guidance has Apartment Income REIT issued on next quarter's earnings?

Apartment Income REIT issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share guidance of 2.330-2.430 for the period, compared to the consensus earnings per share estimate of 2.530. The company issued revenue guidance of -.

Who are Apartment Income REIT's major shareholders?

Apartment Income REIT's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.45%), Vanguard Group Inc. (14.66%), Cohen & Steers Inc. (7.00%), Principal Financial Group Inc. (5.30%), Cbre Investment Management Listed Real Assets LLC (1.75%) and Daiwa Securities Group Inc. (1.67%). Insiders that own company stock include Ann Sperling, Devin Ignatius Murphy, John D Rayis, Joshua Minix, Kathleen M Nelson, Keith M Kimmel, Lip Bu Tan, Lisa R Cohn, Matthew O'grady, Paul Beldin, Terry Considine and Thomas N Bohjalian.
View institutional ownership trends
.

How do I buy shares of Apartment Income REIT?

Shares of AIRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AIRC) was last updated on 3/19/2024 by MarketBeat.com Staff

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