Logo image of AIRC

Apartment Income REIT Corp (AIRC) Stock Price, Quote, News and Overview

NYSE:AIRC - New York Stock Exchange, Inc. - US03750L1098 - REIT - Currency: USD

39.08  -0.01 (-0.03%)

After market: 39.09 +0.01 (+0.03%)

AIRC Quote, Performance and Key Statistics

Apartment Income REIT Corp

NYSE:AIRC (6/27/2024, 8:04:00 PM)

After market: 39.09 +0.01 (+0.03%)

39.08

-0.01 (-0.03%)

Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS SubIndustryMulti-Family Residential REITs
Statistics
52 Week High39.1
52 Week Low28.22
Market Cap5.67B
Shares145.10M
Float144.05M
Yearly Dividend1.81
Dividend Yield3.45%
PEN/A
Fwd PE383.14
Earnings (Next)07-25 2024-07-25/amc
IPO12-03 2020-12-03


AIRC short term performance overview.The bars show the price performance of AIRC in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15 20

AIRC long term performance overview.The bars show the price performance of AIRC in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 5 -5 -10 -15

The current stock price of AIRC is 39.08 USD. In the past month the price increased by 0.96%. In the past year, price increased by 8.28%.

Apartment Income REIT Corp / AIRC Daily stock chart

AIRC Competitors/Peers

The largest stocks on the US markets in the "Multi-Family Residential REITs" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
AVB AVALONBAY COMMUNITIES INC 28.84 31.14B
EQR EQUITY RESIDENTIAL 26.31 27.16B
ESS ESSEX PROPERTY TRUST INC 33.46 18.94B
MAA MID-AMERICA APARTMENT COMM 35.23 18.78B
UDR UDR INC 171.32 14.17B
CPT CAMDEN PROPERTY TRUST 63.77 12.79B
IRT INDEPENDENCE REALTY TRUST IN 113.33 4.59B
ELME ELME COMMUNITIES 131.38 1.50B
VRE VERIS RESIDENTIAL INC N/A 1.45B
AIV APARTMENT INVT & MGMT CO -A N/A 1.27B
CSR CENTERSPACE 256.4 1.06B
NXRT NEXPOINT RESIDENTIAL 22.41 984.76M

About AIRC

Company Profile

AIRC logo image 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

Apartment Income REIT Corp

4582 S. Ulster Street, Suite 1700

Denver COLORADO 80237 US

CEO: Terry Considine

Employees: 750

Company Website: https://www.aircommunities.com/

Phone: 13037578101

Apartment Income REIT Corp / AIRC FAQ

What is the stock price of Apartment Income REIT Corp today?

The current stock price of AIRC is 39.08 USD. The price decreased by -0.03% in the last trading session.


What is the ticker symbol for Apartment Income REIT Corp stock?

The exchange symbol of Apartment Income REIT Corp is AIRC and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is AIRC stock listed?

AIRC stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for Apartment Income REIT Corp stock?

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. Check the Apartment Income REIT Corp stock analysts ratings, price target forecast and up-and down grades for more detailed information.


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.


How many employees does Apartment Income REIT Corp have?

Apartment Income REIT Corp (AIRC) currently has 750 employees.


What are the support and resistance levels for Apartment Income REIT Corp (AIRC) stock?

Apartment Income REIT Corp (AIRC) has a support level at 38.99 and a resistance level at 39.09. Check the full technical report for a detailed analysis of AIRC support and resistance levels.


Is Apartment Income REIT Corp (AIRC) expected to grow?

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 AIRC EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy Apartment Income REIT Corp (AIRC) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does Apartment Income REIT Corp (AIRC) stock pay dividends?

Apartment Income REIT Corp (AIRC) has a dividend yield of 3.45%. The yearly dividend amount is currently 1.81. Check the full fundamental report for a detailed analysis of AIRC dividend history, reliability and sustainability.


When does Apartment Income REIT Corp (AIRC) report earnings?

Apartment Income REIT Corp (AIRC) will report earnings on 2024-07-25, after the market close.


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).


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. There are concerns on the financial health of AIRC while its profitability can be described as average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

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.


Industry RankSector 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 and Analysts

ChartMill assigns a Buy % Consensus number of 53% to AIRC. The Buy consensus is the average rating of analysts ratings from 14 analysts.

For the next year, analysts expect an EPS growth of 135.7% and a revenue growth -2.37% for AIRC


Ownership
Inst Owners12.48%
Ins Owners0.13%
Short Float %N/A
Short RatioN/A
Analysts
Analysts52.86
Price Target39.84 (1.94%)
EPS Next Y135.7%
Revenue Next Year-2.37%