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Apartment Income REIT (AIRC)
NYSE:AIRC
Holding AIRC?
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AIRC Stock Chart & Stats
Day’s Range$39.08 - $39.1
52-Week Range― - ―
Previous Close$39.09
Volume21.63M
Average Volume (3M)N/A
Market Cap
$5.67B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
BetaN/A
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$38.21Price Target Upside-2.23% Downside
Rating ConsensusHold
Number of Analyst Covering8
Apartment Income REIT News
PremiumCompany Announcements
Apartment Income REIT Merges with Blackstone Entities
Bulls Say, Bears Say
Bulls Say
AcquisitionAIRC announced a transaction with Blackstone to sell the company for $39.12 per share, representing a 25% premium to the most recent closing price.
Geographic ExposureAIRC has unique geographic exposure concentrated in key markets, contributing to strong revenue and NOI growth projections.
Investor SentimentA sophisticated investor making a $10 billion investment in the multifamily space is likely to spur additional bullish sentiment for the group.
Bears Say
Acquisition AgreementThe agreed sale price is at a 12% discount to consensus NAV estimates for the portfolio.
Dividend SuspensionAIRC has suspended its quarterly dividend.
Valuation ConcernsTransaction estimated at a 5.4% implied cap rate and 22.3x AFFO multiple suggests a fairly aggressive valuation compared to the sector.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
AIRC FAQ
What was Apartment Income REIT’s price range in the past 12 months?
Currently, no data Available
What is Apartment Income REIT’s market cap?
Currently, no data Available
When is Apartment Income REIT’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Apartment Income REIT’s earnings last quarter?
Currently, no data Available
Is Apartment Income REIT overvalued?
According to Wall Street analysts Apartment Income REIT’s price is currently Overvalued.
Does Apartment Income REIT pay dividends?
Apartment Income REIT does not currently pay dividends.
What is Apartment Income REIT’s EPS estimate?
Apartment Income REIT’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Apartment Income REIT have?
Currently, no data Available
What happened to Apartment Income REIT’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Apartment Income REIT?
Among the largest hedge funds holding Apartment Income REIT’s share is AEW Capital Management, L.P.. It holds Apartment Income REIT’s shares valued at 29M.
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Apartment Income REIT Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$38.21 (-2.23% Downside)
$38.21 (-2.23% Downside)
Blogger Sentiment
Bullish
AIRC Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 784.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.1%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Fundamentals
Return on Equity
29.48%
Trailing 12-Months
Asset Growth
-5.69%
Trailing 12-Months
Company Description
Apartment Income REIT
Apartment Investment and Management Co. owns a portfolio of 125 apartment communities with almost 33,000 units and is currently developing seven additional properties with 1,297 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Atlanta, Boston, Chicago, Denver, Los Angeles, Miami, New York, Philadelphia, San Diego, San Francisco, Seattle, and Washington, D.C..
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AIRC Stock 12 Month Forecast
Average Price Target
$38.21
▼(-2.23% Downside)
Technical Analysis
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