AIV Stock Summary and Trading Ideas (Apartment Inv & Mgmt | NYSE:AIV)

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 April 18, 2024, AIV stock price was flat at $7.76 with 591,292 million shares trading.

AIV has a beta of 1.34, meaning it tends to be more sensitive to market movements. AIV has a correlation of 0.29 to the broad based SPY ETF.

AIV has a market cap of $1.12 billion. This is considered a Small Cap stock.

Last quarter Apartment Inv & Mgmt reported $49 million in Revenue and -$1.07 earnings per share. This beat revenue expectation by $1 million and missed earnings estimates by -$1.01.

In the last 3 years, AIV stock 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, VB, IWM, VBR.

AIV has underperformed the market in the last year with a return of -4.7%, while the SPY ETF gained +22.2%. In the last 3 month period, AIV fell short of the market, returning +3.5%, while SPY returned +5.2%. However, in the most recent 2 weeks AIV has outperformed the stock market by returning -1.4%, while SPY returned -2.6%.

AIV support price is $7.60 and resistance is $7.92 (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 stock will trade within this expected range on the day.