Apartment Investment and Management Co

Company Profile

Apartment Investment and Management Co had its IPO on 1994-07-22 under the ticker symbol AIV.

The company operates in the Real Estate sector and REIT-Residential industry. Apartment Investment and Management Co has a staff strength of 62 employees.

Stock update

Shares of Apartment Investment and Management Co opened at $7.41 at the start of the last trading session i.e. 2023-03-31.

The stocks traded within a range of $7.4 - $7.72, and closed at $7.69.

This is a +4.63% increase from the previous day's closing price.

A total volume of 1,447,714 shares were traded at the close of the day’s session.

In the last one week, shares of Apartment Investment and Management Co have increased by +11.29%.

Apartment Investment and Management Co's Key Ratios

Apartment Investment and Management Co has a market cap of $1.15 billion, indicating a price to book ratio of 1.5898 and a price to sales ratio of 6.1405.

In the last 12-months Apartment Investment and Management Co’s revenue was $190.92 million with a gross profit of $119.13 million and an EBITDA of $79.46 million. The EBITDA ratio measures Apartment Investment and Management Co's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Apartment Investment and Management Co’s operating margin was 3.24% while its return on assets stood at 0.17% with a return of equity of 13.28%.

In Q4, Apartment Investment and Management Co’s quarterly earnings growth was a negative -63.2% while revenue growth was a negative 10.8%.

Apartment Investment and Management Co’s PE and PEG Ratio

Forward PE

714.2857

Trailing PE

15.098

PEG

839.3182

Its diluted EPS in the last 12-months stands at $0.51 per share while it has a forward price to earnings multiple of 714.2857 and a PEG multiple of 839.3182. 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 Investment and Management Co’s profitability.

Apartment Investment and Management Co stock is trading at a EV to sales ratio of 10.5005 and a EV to EBITDA ratio of 3.64. Its price to sales ratio in the trailing 12-months stood at 6.1405.

Apartment Investment and Management Co stock pays annual dividends of $0 per share, indicating a yield of 5.45% and a payout ratio of 2.55%.

Balance sheet and cash flow metrics

Total Assets

$2.18 billion

Total Liabilities

$106.60 million

Operating Cash Flow

$-120754000.00

Capital Expenditure

$366.77 million

Dividend Payout Ratio

2.55%

Apartment Investment and Management Co ended 2023 with $2.18 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.18 billion while shareholder equity stood at $547.85 million.

Apartment Investment and Management Co ended 2023 with $0 in deferred long-term liabilities, $106.60 million in other current liabilities, 1466000.00 in common stock, $49.90 million in retained earnings and $0 in goodwill. Its cash balance stood at $206.46 million and cash and short-term investments were $206.46 million. The company’s total short-term debt was $0 while long-term debt stood at $1.05 billion.

Apartment Investment and Management Co’s total current assets stands at $268.78 million while long-term investments were $174.35 million and short-term investments were $0. Its net receivables were $39.01 million compared to accounts payable of $0 and inventory worth $0.

In 2023, Apartment Investment and Management Co's operating cash flow was $-120754000.00 while its capital expenditure stood at $366.77 million.

Comparatively, Apartment Investment and Management Co paid $0.03 in dividends in 2023.

Other key metrics

Current Trading Price

$7.69

52-Week High

$9.7688

52-Week Low

$5.2087

Analyst Target Price

$40

Apartment Investment and Management Co stock is currently trading at $7.69 per share. It touched a 52-week high of $9.7688 and a 52-week low of $9.7688. Analysts tracking the stock have a 12-month average target price of $40.

Its 50-day moving average was $7.47 and 200-day moving average was $7.67 The short ratio stood at 11.92 indicating a short percent outstanding of 0%.

Around 927.6% of the company’s stock are held by insiders while 9121.4% are held by institutions.