NYSE
AIRC

Apartment Income REIT Corp

REIT-Residential
Real Estate

Prices are adjusted according to historical splits.

Apartment Income REIT Corp Stock Price

Vitals

Today's Low:
$32.15
Today's High:
$32.785
Open Price:
$32.4
52W Low:
$33.1931
52W High:
$53.4198
Prev. Close:
$32.47
Volume:
710128

Company Statistics

Market Cap.:
$5.56 billion
Book Value:
14.451
Revenue TTM:
$770.22 million
Operating Margin TTM:
16.1%
Gross Profit TTM:
$508.96 million
Profit Margin:
117.43%
Return on Assets TTM:
1.19%
Return on Equity TTM:
43.94%

Company Profile

Apartment Income REIT Corp had its IPO on 2020-12-15 under the ticker symbol AIRC.

The company operates in the Real Estate sector and REIT-Residential industry. Apartment Income REIT Corp has a staff strength of 750 employees.

Stock update

Shares of Apartment Income REIT Corp opened at $32.4 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $32.15 - $32.79, and closed at $32.68.

This is a +0.65% increase from the previous day's closing price.

A total volume of 710,128 shares were traded at the close of the day’s session.

In the last one week, shares of Apartment Income REIT Corp have slipped by -3.71%.

Apartment Income REIT Corp's Key Ratios

Apartment Income REIT Corp has a market cap of $5.56 billion, indicating a price to book ratio of 2.7111 and a price to sales ratio of 7.1473.

In the last 12-months Apartment Income REIT Corp’s revenue was $770.22 million with a gross profit of $508.96 million and an EBITDA of $474.94 million. The EBITDA ratio measures Apartment Income REIT Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Apartment Income REIT Corp’s operating margin was 16.1% while its return on assets stood at 1.19% with a return of equity of 43.94%.

In Q4, Apartment Income REIT Corp’s quarterly earnings growth was a negative -8.4% while revenue growth was a positive 7%.

Apartment Income REIT Corp’s PE and PEG Ratio

Forward PE
131.5789
Trailing PE
6.4182
PEG
2.0645

Its diluted EPS in the last 12-months stands at $5.81 per share while it has a forward price to earnings multiple of 131.5789 and a PEG multiple of 2.0645. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Apartment Income REIT Corp’s profitability.

Apartment Income REIT Corp stock is trading at a EV to sales ratio of 12.0239 and a EV to EBITDA ratio of 6.2529. Its price to sales ratio in the trailing 12-months stood at 7.1473.

Apartment Income REIT Corp stock pays annual dividends of $1.8 per share, indicating a yield of 4.71% and a payout ratio of 30.87%.

Balance sheet and cash flow metrics

Total Assets
$6.55 billion
Total Liabilities
$975.81 million
Operating Cash Flow
$397.33 million
Capital Expenditure
$51.04 million
Dividend Payout Ratio
30.87%

Apartment Income REIT Corp ended 2024 with $6.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $6.55 billion while shareholder equity stood at $2.16 billion.

Apartment Income REIT Corp ended 2024 with $0 in deferred long-term liabilities, $975.81 million in other current liabilities, 1491000.00 in common stock, $-1043577000.00 in retained earnings and $32.29 million in goodwill. Its cash balance stood at $95.80 million and cash and short-term investments were $95.80 million. The company’s total short-term debt was $0 while long-term debt stood at $3.18 billion.

Apartment Income REIT Corp’s total current assets stands at $95.80 million while long-term investments were $158.73 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $513.81 million and inventory worth $0.

In 2024, Apartment Income REIT Corp's operating cash flow was $397.33 million while its capital expenditure stood at $51.04 million.

Comparatively, Apartment Income REIT Corp paid $0.31 in dividends in 2024.

Other key metrics

Current Trading Price
$32.68
52-Week High
$53.4198
52-Week Low
$33.1931
Analyst Target Price
$41.3

Apartment Income REIT Corp stock is currently trading at $32.68 per share. It touched a 52-week high of $53.4198 and a 52-week low of $53.4198. Analysts tracking the stock have a 12-month average target price of $41.3.

Its 50-day moving average was $34.25 and 200-day moving average was $34.91 The short ratio stood at 3.36 indicating a short percent outstanding of 0%.

Around 41.9% of the company’s stock are held by insiders while 10049.1% are held by institutions.

Frequently Asked Questions About Apartment Income REIT Corp

The stock symbol (also called stock or share ticker) of Apartment Income REIT Corp is AIRC

The IPO of Apartment Income REIT Corp took place on 2020-12-15

Similar Industry Stocks (REIT-Residential)

Last Price
Chg
Chg%
$47.24
0.34
+0.72%
$31.8
-0.7
-2.15%
$1111.15
12.35
+1.12%
$105.1
-2.4
-2.23%
$18.11
-0.18
-0.98%
$2.36
0.1
+4.42%
$198.3
-4.95
-2.44%
$0.88
-0.05
-5.38%
$39.12
-0.36
-0.91%
$64.23
-0.18
-0.28%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AIR is one of the country’s largest owners and operators of apartments, with 99 communities in 12 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC, and are included in the S&P 400. For more information about AIR, please visit our website at www.aircommunities.com.

Address

4582 South Ulster Street, Denver, CO, United States, 80237