14-Jan-2025
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Business Wire (Tue, 14-Jan 8:00 AM ET)
PRNewswire (Thu, 9-Jan 1:30 PM ET)
Aimco Closes Previously Reported Asset Sales and Announces Special Dividend
PRNewswire (Thu, 19-Dec 4:30 PM ET)
PRNewswire (Thu, 7-Nov 4:15 PM ET)
Aimco Announces Third Quarter 2024 Earnings Date
PRNewswire (Mon, 28-Oct 4:15 PM ET)
Apartment Investment & Management Co is a self-managed real estate investment trust. It is focused on property development, redevelopment and various other value-creating investment strategies, targeting the U.S multifamily market. Its operating segments are Development and Redevelopment; Operating, and Other. The company generates majority of revenue from operating segment.
Apartment Inv & Mgmt trades on the NYSE stock market under the symbol AIV.
As of January 14, 2025, AIV stock price climbed to $8.89 with 2,563,486 million shares trading.
AIV has a beta of 0.60, meaning it tends to be less sensitive to market movements. AIV has a correlation of 0.11 to the broad based SPY ETF.
AIV has a market cap of $1.26 billion. This is considered a Small Cap stock.
Last quarter Apartment Inv & Mgmt reported $53 million in Revenue and -$.16 earnings per share. This beat revenue expectation by $558,000 and missed earnings estimates by -$.05.
In the last 3 years, AIV traded as high as $9.79 and as low as $5.22.
The top ETF exchange traded funds that AIV belongs to (by Net Assets): VNQ, VTI, IWM, VB, VBR.
AIV has underperformed the market in the last year with a return of +13.5%, while SPY returned +23.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AIV shares. However, AIV has outperformed the market in the last 3 month and 2 week periods, returning +2.7% and +6.0%, while SPY returned +0.8% and -1.0%, respectively. This indicates AIV has been having a stronger performance recently.
AIV support price is $8.22 and resistance is $8.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AIV shares will trade within this expected range on the day.