Earnings Report: Here’s what to expect from Apartment Investment and Management (NYSE:AIV)

Earnings results for Apartment Investment and Management (NYSE:AIV)

Apartment Investment and Management Company is estimated to report earnings on 08/16/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $0.78.

Apartment Investment and Management last announced its earnings results on May 16th, 2021. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.15. Apartment Investment and Management has generated $0.00 earnings per share over the last year and currently has a price-to-earnings ratio of 2.1. Apartment Investment and Management has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Analyst Opinion on Apartment Investment and Management (NYSE:AIV)

8 Wall Street analysts have issued ratings and price targets for Apartment Investment and Management in the last 12 months. Their average twelve-month price target is $39.00, predicting that the stock has a possible upside of 472.69%. The high price target for AIV is $41.00 and the low price target for AIV is $33.00. There are currently 1 sell rating and 7 hold ratings for the stock, resulting in a consensus rating of “Hold.”

Apartment Investment and Management has received a consensus rating of Hold. The company’s average rating score is 1.88, and is based on no buy ratings, 7 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $39.00, Apartment Investment and Management has a forecasted upside of 472.7% from its current price of $6.81. Apartment Investment and Management has received no research coverage in the past 90 days.

Dividend Strength: Apartment Investment and Management (NYSE:AIV)

Apartment Investment and Management is a leading dividend payer. It pays a dividend yield of 22.77%, putting its dividend yield in the top 25% of dividend-paying stocks. Apartment Investment and Management does not have a long track record of dividend growth.

Insiders buying/selling: Apartment Investment and Management (NYSE:AIV)

In the past three months, Apartment Investment and Management insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $10,095.00 in company stock and sold $0.00 in company stock. Only 1.44% of the stock of Apartment Investment and Management is held by insiders. 85.38% of the stock of Apartment Investment and Management is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Apartment Investment and Management (NYSE:AIV

The P/E ratio of Apartment Investment and Management is 2.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.61. The P/E ratio of Apartment Investment and Management is 2.11, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.11. Apartment Investment and Management has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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