AIRC Stock Price, Apartment ome REIT . Quote, Chart

Market Summary

USD38.70+0.04

Delayed

0.10%

AIRC Alerts

JPMORGAN CHASE & CO reported owning 3.2% of AIRC [2024-05-08]

Big jump in Earnings (Y/Y)
Losses in recent quarter

AIRC Stock Price

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AIRC RSI Chart

AIRC Valuation

Market Cap

5.6B

Price/Earnings (Trailing)

8.78

Price/Sales (Trailing)

6.99

EV/EBITDA

7.68

Price/Free Cashflow

15.67

AIRC Price/Sales (Trailing)

AIRC Profitability

EBT Margin

86.79%

Return on Equity

25.92%

Return on Assets

10.32%

Free Cashflow Yield

6.38%

AIRC Fundamentals

AIRC Revenue

Revenue (TTM)

803.8M

Rev. Growth (Yr)

-7.72%

Rev. Growth (Qtr)

-0.33%

AIRC Earnings

Earnings (TTM)

639.9M

Earnings Growth (Yr)

42.25%

Earnings Growth (Qtr)

59.47%

Breaking Down AIRC Revenue

Last 7 days

0.3%

Last 30 days

0.9%

Last 90 days

22.2%

Trailing 12 Months

10.2%

How does AIRC drawdown profile look like?

AIRC Financial Health

Debt/Equity

1.36

Debt/Cashflow

0.11

AIRC Investor Care

Buy Backs (1Y)

2.74%

Diluted EPS (TTM)

4.3

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	803.8M	0	0	0
2023	804.2M	835.3M	831.7M	820.1M
2022	745.9M	751.1M	760.2M	773.7M
2021	709.9M	706.6M	720.3M	740.9M
2020	760.2M	751.5M	737.6M	719.6M
2019	822.8M	805.4M	788.0M	770.6M
2018	0	0	0	840.2M

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Tracking the Latest Insider Buys and Sells of Apartment Income REIT Corp.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 17, 2024	kimmel keith m	acquired	-	-	28,968	president of property operatio
Feb 23, 2024	bohjalian thomas n	bought	23,250	31.00	750	-
Feb 14, 2024	bohjalian thomas n	bought	28,003	31.5	889	-
Jan 30, 2024	palau hernandez margarita	acquired	-	-	4,861	-
Jan 30, 2024	bohjalian thomas n	acquired	-	-	4,861	-
Jan 30, 2024	keltner thomas l.	acquired	-	-	4,861	-
Jan 01, 2024	beldin paul	acquired	-	-	6,032	evp & cfo
Jan 01, 2024	cohn lisa r	acquired	-	-	13,511	president & general counsel
Jan 01, 2024	minix joshua	acquired	-	-	3,378	executive vice president
Jan 01, 2024	o'grady matthew	acquired	-	-	3,861	senior vice president

Which funds bought or sold AIRC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.69	-698,986	4,776,340	0.01%
May 16, 2024	Tidal Investments LLC	sold off	-100	-252,070	-	-%
May 16, 2024	COMERICA BANK	reduced	-4.38	-249,259	2,102,300	0.01%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-14.04	-226,794	928,187	-%
May 15, 2024	Steward Partners Investment Advisory, LLC	added	272	4,145	5,812	-%
May 15, 2024	Cetera Advisors LLC	new	-	462,113	462,113	-%
May 15, 2024	Cetera Advisor Networks LLC	new	-	333,792	333,792	-%
May 15, 2024	Schonfeld Strategic Advisors LLC	new	-	12,320,100	12,320,100	0.08%
May 15, 2024	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	unchanged	-	-86.00	1,234	-%
May 15, 2024	Engineers Gate Manager LP	added	44.23	246,957	955,657	0.03%

Are Funds Buying or Selling AIRC?

Are funds buying AIRC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AIRC

No. of Funds

AIRC Alerts

JPMORGAN CHASE & CO reported owning 3.2% of AIRC [2024-05-08]
Big jump in Earnings (Y/Y)
Losses in recent quarter

Unveiling Apartment Income REIT Corp.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 08, 2024	jpmorgan chase & co	3.2%	4,767,493	SC 13G/A
Feb 14, 2024	cohen & steers, inc.	7.00%	10,294,556	SC 13G/A
Feb 13, 2024	principal real estate investors llc	4.76%	6,991,963	SC 13G/A
Feb 13, 2024	principal real estate investors llc	-	7,568	SC 13G/A
Feb 13, 2024	vanguard group inc	14.45%	21,238,987	SC 13G/A
Jan 30, 2024	state street corp	5.64%	8,292,611	SC 13G/A
Jan 23, 2024	blackrock inc.	11.9%	17,436,419	SC 13G/A
Jan 08, 2024	jpmorgan chase & co	6.1%	9,074,246	SC 13G
Feb 15, 2023	principal real estate investors llc	5.02%	7,524,990	SC 13G
Feb 14, 2023	cohen & steers, inc.	11.71%	17,730,616	SC 13G/A

Recent SEC filings of Apartment Income REIT Corp.

View All Filings

Date Filed	Form Type	Document
May 10, 2024	PREM14A	PREM14A
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	SC 13G/A	Major Ownership Report
May 07, 2024	DEFA14A	DEFA14A
May 06, 2024	8-K	Current Report
May 02, 2024	DEFA14A	DEFA14A
Apr 30, 2024	DEFA14A	DEFA14A
Apr 29, 2024	10-K/A	Annual Report
Apr 19, 2024	8-K	Current Report
Apr 19, 2024	DEFA14A	DEFA14A

Peers (Alternatives to Apartment Income REIT Corp.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	90.9B	11.2B	13.13%	1.87%	46.04	8.11	3.63%	50.79%
CCI	44.7B	6.8B	10.57%	-9.74%	32.06	6.53	-2.39%	-16.60%
AVB	28.3B	2.8B	9.91%	13.04%	29.6	10.08	5.72%	-6.47%
ARE	21.7B	3.0B	6.63%	6.21%	110.61	7.35	10.44%	-73.79%
AMH	13.5B	1.6B	6.12%	9.11%	31.9	8.3	8.93%	11.87%
REG	11.3B	1.4B	6.30%	4.57%	30.12	8.22	10.48%	-2.93%
BXP	9.9B	3.3B	9.08%	28.09%	51.64	3	4.82%	-75.15%
MID-CAP
FRT	8.5B	1.2B	5.40%	14.57%	35.59	7.38	5.48%	-38.69%
SLG	3.4B	892.3M	6.62%	140.10%	-6.71	3.85	-5.33%	-307.54%
MAC	3.4B	878.0M	1.11%	67.10%	-9.8	3.82	2.35%	-290.60%
SMALL-CAP
AAT	1.4B	444.1M	12.17%	21.82%	20.36	3.15	3.54%	8.91%
AIV	1.2B	198.2M	6.70%	-0.84%	-7.55	6.02	-43.33%	-308.08%
MFA	1.1B	650.2M	7.51%	2.13%	36.77	1.73	27.93%	140.31%
NYMT	572.0M	285.4M	-8.06%	-36.92%	-4.15	2	11.05%	83.70%
IVR	459.4M	277.2M	15.74%	-12.95%	-56.03	1.66	25.89%	94.64%

Apartment Income REIT Corp. News

Latest updates

Apartment Income REIT Corp. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.3%	196	196	197	215	212	208	201	184	181	194	192	178	176	174	178	182	186	192	192	190	196
Operating Expenses	6.9%	169	158	159	170	184	169	174	145	158	173	165	148	147	257	170	155	156	-	-	-	-
S&GA Expenses	-100.0%	-	7.00	6.00	6.00	7.00	5.00	8.00	5.00	7.00	3.00	6.00	5.00	4.00	24.00	8.00	8.00	7.00	-	-	-	-
EBITDA Margin	1.1%	1.43*	1.42*	1.87*	1.04*	1.31*	1.86*	1.92*	1.94*	1.65*	1.25*	0.67*	0.64*	-	-	-	-	-	-	-	-	-
Interest Expenses	6.8%	35.00	33.00	23.00	38.00	36.00	36.00	33.00	26.00	22.00	29.00	31.00	34.00	36.00	21.00	45.00	44.00	37.00	-	-	-	-
Income Taxes	109.2%	0.00	-3.48	5.00	1.00	0.00	3.00	0.00	1.00	-0.58	-6.02	-0.28	-2.03	3.00	98.00	-0.42	-0.78	-1.31	-	-	-	-
Earnings Before Taxes	74.2%	-3.96	-15.36	715	2.00	-9.81	357	3.00	213	401	393	10.00	-21.72	92.00	-35.05	-26.97	39.00	4.00	-	-	-	-
EBT Margin	2.9%	0.87*	0.84*	1.28*	0.42*	0.70*	1.26*	1.33*	1.35*	1.05*	0.64*	0.06*	0.01*	-	-	-	-	-	-	-	-	-
Net Income	59.5%	-6.57	-16.21	664	-1.34	-11.38	330	2.00	197	376	373	9.00	-17.95	83.00	-125	25.00	39.00	7.00	133	2.00	59.00	272
Net Income Margin	2.8%	0.80*	0.77*	1.18*	0.38*	0.64*	1.17*	1.25*	1.27*	0.99*	0.60*	-0.07*	-0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	12.0%	77.00	69.00	119	94.00	89.00	69.00	150	129	73.00	100	139	45.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2019Q4
Assets	1.0%	6,198	6,135	6,399	6,407	6,572	6,552	6,722	6,433	6,303	6,440	6,435	6,430	6,322	6,229	6,909
Cash Equivalents	25.5%	115	91.00	107	106	90.00	96.00	115	101	104	93.00	97.00	81.00	76.00	73.00	167
Goodwill	0.0%	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00	32.00
Liabilities	4.1%	3,652	3,507	3,611	4,161	4,260	4,155	4,451	4,065	3,960	4,422	4,846	4,779	4,920	4,842	4,947
Long Term Debt	4.3%	3,349	3,210	3,128	3,685	3,739	3,642	3,692	3,368	3,356	3,743	4,236	4,209	4,313	4,243	4,013
Shareholder's Equity	5.0%	2,469	2,352	2,507	2,169	2,235	2,156	2,192	2,289	2,264	1,939	1,509	1,572	1,322	1,308	1,861
Additional Paid-In Capital	0.0%	3,285	3,285	3,355	3,431	3,433	3,437	3,583	3,637	3,762	3,763	3,774	3,773	3,431	3,432	3,498
Shares Outstanding	0.1%	145	145	147	149	149	149	154	156	157	154	157	157	-	-	-
Float	-	-	-	-	5,400	-	-	-	6,400	-	-	-	7,400	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																			(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Cashflow From Operations	12.0%	77.00	69.00	119	94.00	89.00	69.00	150	129	73.00	100	139	45.00	49.00	11.00	82.00	107	77.00	-	-
Cashflow From Investing	-163.2%	-113	-43.07	-41.58	-37.15	-191	397	-321	61.00	513	729	-51.11	-159	-40.34	6.00	-195	-62.06	-98.01	-	-
Cashflow From Financing	179.8%	34.00	-42.26	-73.25	-41.79	-83.95	-279	186	-193	-574	-833	-71.41	119	-6.56	-206	-59.64	23.00	218	-	-
Dividend Payments	-1.4%	65.00	66.00	66.00	67.00	67.00	67.00	69.00	70.00	71.00	69.00	69.00	67.00	64.00	122	61.00	61.00	61.00	-	-
Buy Backs	-47.2%	25.00	47.00	78.00	-	-	-	47.00	125	-	-	-	-	-	-	-	-	10.00	-	-

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AIRC Income Statement

2024-03-31

Condensed Consolidated Statements of Operation - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUES
Total revenues	$ 195,622	$ 211,993
EXPENSES
Property operating expenses	59,542	67,777
Property management expenses	8,197	7,676
Depreciation and amortization	79,754	95,666
General and administrative expenses	10,336	7,180
Other expenses, net	11,246	3,660
Operating expenses	169,075	181,959
Interest income	2,052	1,525
Interest expense	(35,282)	(36,187)
Loss on extinguishment of debt	0	(2,008)
Gain (loss) on derivative instruments, net	9,574	(2,138)
Loss from unconsolidated real estate partnerships	(6,850)	(1,035)
Loss before income tax expense	(3,959)	(9,809)
Income tax expense	(319)	(139)
Net loss	(4,278)	(9,948)
Noncontrolling interests:
Net income attributable to noncontrolling interests in consolidated real estate partnerships	(1,101)	(685)
Net income attributable to preferred noncontrolling interests in AIR Operating Partnership	(1,570)	(1,570)
Net loss attributable to common noncontrolling interests in AIR Operating Partnership	357	826
Net income attributable to noncontrolling interests	(2,314)	(1,429)
Net loss attributable to AIR	(6,592)	(11,377)
Net income attributable to AIR preferred stockholders	(44)	(43)
Net loss (income) attributable to participating securities	66	(37)
Net loss attributable to AIR common stockholders	$ (6,570)	$ (11,457)
Net loss attributable to AIR common stockholders per share - basic (in dollars per share)	$ (0.05)	$ (0.08)
Net loss attributable to AIR common stockholders per share - diluted (in dollars per share)	$ (0.05)	$ (0.08)
Weighted average common shares/units outstanding - basic (in shares)	144,550,000	148,810,000
Weighted average common shares/units outstanding - diluted	144,550,000	148,810,000
Rental and other property revenues
REVENUES
Total revenues	$ 192,382	$ 209,923
Other revenues
REVENUES
Total revenues	$ 3,240	$ 2,070

AIRC Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Buildings and improvements	$ 6,428,478	$ 6,324,857
Land	1,297,414	1,285,710
Total real estate	7,725,892	7,610,567
Accumulated depreciation	(2,319,064)	(2,245,589)
Net real estate	5,406,828	5,364,978
Cash and cash equivalents	87,795	91,401
Restricted cash	26,942	26,090
Investment in unconsolidated real estate partnerships	324,876	336,077
Goodwill	32,286	32,286
Other assets, net	319,579	283,920
Total assets	6,198,306	6,134,752
LIABILITIES AND EQUITY
Non-recourse property debt, net	2,217,191	2,223,791
Term loans, net	473,915	473,701
Revolving credit facility borrowings	260,000	115,000
Unsecured notes payable, net	397,943	397,852
Total indebtedness	3,349,049	3,210,344
Accrued liabilities and other	303,442	296,894
Total liabilities	3,652,491	3,507,238
Commitments and Contingencies
Preferred noncontrolling interests in AIR Operating Partnership	77,140	77,140
Equity:
Perpetual Preferred Stock	2,000	2,000
Common Stock, $0.01 par value, 1,021,175,000 shares authorized at March 31, 2024 and December 31, 2023, and 145,104,220 and 144,925,604 shares issued/outstanding at March 31, 2024 and December 31, 2023, respectively	1,451	1,449
Additional paid-in capital	3,285,257	3,284,716
Accumulated other comprehensive income	20,473	22,392
Distributions in excess of earnings	(1,029,944)	(958,661)
Total AIR equity	2,279,237	2,351,896
Noncontrolling interests in consolidated real estate partnerships	(89,261)	(85,973)
Common noncontrolling interests in AIR Operating Partnership	278,699	284,451
Total equity	2,468,675	2,550,374
Total liabilities, preferred noncontrolling interests in AIR Operating Partnership, and equity	$ 6,198,306	$ 6,134,752

About Apartment Income REIT Corp.

Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (Ã‚â€œREITÃ‚â€). AIR's portfolio comprises 73 communities totaling 25,739 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.

CEO	Mr. Terry Considine J.D.
WEBSITE	aircommunities.com
INDUSTRY	REIT Mortgage
EMPLOYEES	750

Apartment Income REIT Corp. Frequently Asked Questions

What is the ticker symbol for Apartment Income REIT Corp.? What does AIRC stand for in stocks?

AIRC is the stock ticker symbol of Apartment Income REIT Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Apartment Income REIT Corp. (AIRC)?

As of Fri May 17 2024, market cap of Apartment Income REIT Corp. is 5.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AIRC stock?

You can check AIRC's fair value in chart for subscribers.

What is the fair value of AIRC stock?

You can check AIRC's fair value in chart for subscribers. The fair value of Apartment Income REIT Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Apartment Income REIT Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AIRC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Apartment Income REIT Corp. a good stock to buy?

The fair value guage provides a quick view whether AIRC is over valued or under valued. Whether Apartment Income REIT Corp. is cheap or expensive depends on the assumptions which impact Apartment Income REIT Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AIRC.

What is Apartment Income REIT Corp.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, AIRC's PE ratio (Price to Earnings) is 8.78 and Price to Sales (PS) ratio is 6.99. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AIRC PE ratio will change depending on the future growth rate expectations of investors.