Apartment Income REIT Corp.

NYSE:AIRC Stock Report

Market Cap: US$6.2b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Apartment Income REIT Future Growth

Future criteria checks 0/6

Apartment Income REIT's earnings are forecast to decline at 91.7% per annum while its annual revenue is expected to grow at 3.7% per year. EPS is expected to decline by 74.5% per annum. Return on equity is forecast to be 2.5% in 3 years.

Key information

-91.7%

Earnings growth rate

-74.52%

EPS growth rate

Residential REITs earnings growth-1.1%
Revenue growth rate3.7%
Future return on equity2.45%
Analyst coverage

Good

Last updated24 Jun 2024

Recent future growth updates

Recent updates

Blackstone's Acquisition Of Apartment Income REIT Is Likely Priced In

Apr 09

Apartment Income REIT: Overlooked And Undervalued 5.7% Yielder

Feb 12

Apartment Income REIT: Outperforming, Strong Growth, 5%-Plus Yield

Dec 24

Apartment Income REIT: Quality Business Model, Sluggish Valuation

Oct 23

Apartment Income REIT: A Good Pick In An Attractive Sector

Sep 01

Apartment Income REIT: Cause For Pause

Aug 24

Apartment Income REIT: Coastal And Sunbelt Exposure With Industry Leading Forward Growth, Gross Margins

Jun 12

Apartment Income REIT  FFO of $0.59 misses by $0.01, revenue of $207.87M beats by $5.56M

Feb 09

Apartment Income REIT: A Higher Yielding Multifamily Operator

Jan 24

3 Intriguing Bargains In Apartment REITs

Nov 10

Apartment Income REIT  declares $0.45 dividend

Nov 01

Apartment Income REIT: High Yield With Low Risk

Sep 23

Apartment Income REIT  FFO of $0.66 in-line, revenue of $183.5M in-line

Jul 29

Apartment Income REIT: 4% Dividend And Inflation Hedge

Jul 15

Apartment Income REIT: An Undervalued REIT With An Excellent CEO

May 26

Apartment Income REIT Still Makes A Decent Buy For Conservative Dividend Investors

Apr 22

Earnings and Revenue Growth Forecasts

NYSE:AIRC - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026861352393643
12/31/2025823232313548
12/31/202480252203404
3/31/2024768639183358N/A
12/31/2023790634181370N/A
9/30/2023819980175371N/A
6/30/2023833318197402N/A
3/31/2023802516233437N/A
12/31/2022770904214421N/A
9/30/2022757947252452N/A
6/30/2022748955251441N/A
3/31/2022743740179356N/A
12/31/2021740447153333N/A
9/30/2021720-5223248N/A
6/30/2021707-89-74191N/A
3/31/2021710-35-57254N/A
12/31/2020720-116-81283N/A
9/30/202063212522357N/A
6/30/202068415515384N/A
3/31/2020726178-12365N/A
12/31/2019771447-4368N/A
9/30/2019917338-25372N/A
6/30/201992990316381N/A
3/31/201995584736397N/A
12/31/201883963686397N/A
9/30/201899191348400N/A
6/30/20181,00036449400N/A
3/31/201899637741400N/A
12/31/20171,013307N/A392N/A
9/30/2017988207N/A396N/A
6/30/2017980201N/A378N/A
3/31/2017977406N/A377N/A
12/31/2016975418N/A377N/A
9/30/2016968322N/A378N/A
6/30/2016964330N/A379N/A
3/31/2016960170N/A369N/A
12/31/2015957236N/A360N/A
9/30/2015951206N/A346N/A
6/30/2015950311N/A334N/A
3/31/2015951325N/A331N/A
12/31/2014953300N/A321N/A
9/30/2014958264N/A311N/A
6/30/2014955134N/A297N/A
3/31/201494964N/A332N/A
12/31/20139390N/A326N/A
9/30/2013900-24N/A323N/A
6/30/2013905-41N/A338N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AIRC's earnings are forecast to decline over the next 3 years (-91.7% per year).

Earnings vs Market: AIRC's earnings are forecast to decline over the next 3 years (-91.7% per year).

High Growth Earnings: AIRC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AIRC's revenue (3.7% per year) is forecast to grow slower than the US market (8.6% per year).

High Growth Revenue: AIRC's revenue (3.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AIRC's Return on Equity is forecast to be low in 3 years time (2.5%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/06/28 15:40
End of Day Share Price 2024/06/28 00:00
Earnings2024/03/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Apartment Income REIT Corp. is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Andrew BabinBaird
Ross SmotrichBarclays