Streetbeat News

AIV

Apartment Investment and Management Company

https://www.aimco.com

Industry

REIT - Residential

Aimco is a Real Estate Investment Trust focused on property development, redevelopment, and various other value-creating investment strategies, targeting the U.S. multifamily market. Aimco's mission is to make real estate investments where outcomes are enhanced through human capital and substantial value is created for investors, teammates, and the communities in which we operate. Aimco is traded on the New York Stock Exchange as AIV. For more information about Aimco, please visit our website www.aimco.com.

Open

8.84

Mkt cap

1.2B

Volume

348K

High

8.88

P/E Ratio

-5.11

52-wk high

9.49

Low

8.80

Div yield

N/A

52-wk low

6.74

Aimco (NYSE: AIV) reported a net loss of $0.16 per share for Q3 2024, impacted by increased interest expenses and depreciation despite higher contributions from property operations. The company also updated its 2024 guidance and shared recent activities.

Portfolio Pulse from

November 07, 2024 | 9:30 pm

Aimco has agreed to sell its interests in two real estate investments in Miami's Edgewater neighborhood for $204 million. The transactions are expected to close by the end of 2024, allowing Aimco to retire $110 million in liabilities and return $90 million to stockholders in early 2025.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 8:20 pm

Apartment Investment and Management Company (Aimco) has secured $56 million in preferred equity from Sixth Street and $172 million in senior construction financing from Apollo for a luxury waterfront rental development in Miami. Aimco will develop and manage the 38-story tower, which will feature 114 luxury units and retail space.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 8:22 pm

Apartment Inv & Mgmt (NYSE:AIV) reported Q2 2024 GAAP EPS of $(0.43), missing the $(0.10) estimate by 330%. Sales were $51.10M, slightly below the $51.20M estimate but up 11.88% YoY.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 9:23 pm

Apartment Inv & Mgmt (AIV) reported Q1 2024 earnings with a GAAP EPS of $(0.07), surpassing the $(0.09) estimate. Sales reached $50.20M, exceeding the $49.80M forecast and marking a 13.41% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 8:41 pm

Apartment Investment and Management (AIV) forecasts its FY24 EPS to be between $(0.50) and $(0.40), which is significantly lower than the estimated $(0.17).

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:20 pm

Apartment Inv & Mgmt (AIV) reported a Q4 2023 GAAP EPS of $(1.07), significantly missing the $(0.06) estimate. However, their sales of $49.35M exceeded the $48.20M estimate, marking a 17.59% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:18 pm

Apartment Inv & Mgmt (AIV) reported Q4 sales of $49.35M, surpassing the analyst consensus estimate of $48.20M by 2.39% and marking a 17.59% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 9:15 pm

Earnings reports for various companies are scheduled for February 22, 2024, covering a wide range of industries. These reports include both earnings per share and revenue forecasts, with some companies expected to report losses.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 10:27 am

Apartment Inv & Mgmt (NYSE:AIV) is scheduled to release its quarterly earnings report on February 22, 2024, with an expected EPS of $-0.06. Historical data shows the company has previously beaten EPS estimates, leading to positive stock price movements. Shares are currently trading at $7.67, reflecting a 2.78% increase over the last 52 weeks. Investors are optimistic but will focus on the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 4:01 pm

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