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AIRC

Apartment Income REIT NYSE:AIRC Stock Report

Last Price

US$36.66

Market Cap

US$5.9b

7D

0.3%

1Y

-29.3%

Updated

28 Nov, 2022

Data

Company Financials +
AIRC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends2/6

AIRC Stock Overview

AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States.

Apartment Income REIT Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Apartment Income REIT
Historical stock prices
Current Share PriceUS$36.66
52 Week HighUS$55.82
52 Week LowUS$35.22
Beta0
1 Month Change-3.73%
3 Month Change-10.76%
1 Year Change-29.32%
3 Year Changen/a
5 Year Changen/a
Change since IPO-3.40%

Recent News & Updates

3 Intriguing Bargains In Apartment REITs

Nov 10

Recent updates

Did Apartment Income REIT Corp. (NYSE:AIRC) Insiders Sell Shares?

Mar 17
Did Apartment Income REIT Corp. (NYSE:AIRC) Insiders Sell Shares?

President of Property Operations Keith Kimmel Just Sold A Bunch Of Shares In Apartment Income REIT Corp. (NYSE:AIRC)

Mar 17
President of Property Operations Keith Kimmel Just Sold A Bunch Of Shares In Apartment Income REIT Corp. (NYSE:AIRC)

Shareholder Returns

AIRCUS REITsUS Market
7D0.3%-1.5%0.3%
1Y-29.3%-21.3%-20.5%

Return vs Industry: AIRC underperformed the US REITs industry which returned -18.3% over the past year.

Return vs Market: AIRC underperformed the US Market which returned -18.5% over the past year.

Price Volatility

Is AIRC's price volatile compared to industry and market?
AIRC volatility
AIRC Average Weekly Movement4.1%
REITs Industry Average Movement5.2%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: AIRC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: AIRC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994800Terry Considinehttps://www.aircommunities.com

AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AIR is one of the country’s largest owners and operators of apartments, with 99 communities in 12 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC, and are included in the S&P 400.

Apartment Income REIT Corp. Fundamentals Summary

How do Apartment Income REIT's earnings and revenue compare to its market cap?
AIRC fundamental statistics
Market CapUS$5.88b
Earnings (TTM)US$947.03m
Revenue (TTM)US$756.64m

5.8x

P/E Ratio

7.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AIRC income statement (TTM)
RevenueUS$756.64m
Cost of RevenueUS$263.07m
Gross ProfitUS$493.57m
Other Expenses-US$453.47m
EarningsUS$947.03m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)6.32
Gross Margin65.23%
Net Profit Margin125.16%
Debt/Equity Ratio162.6%

How did AIRC perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

121%

Payout Ratio