Apartment Investment and Management (AIV) to Release Earnings on Wednesday

Apartment Investment and Management (NYSE:AIV) is set to post its quarterly earnings results after the market closes on Wednesday, May 8th. Apartment Investment and Management has set its FY 2024 guidance at -0.500–0.400 EPS.

Apartment Investment and Management (NYSE:AIV) last released its earnings results on Thursday, February 22nd. The real estate investment trust reported ($1.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($1.01). Apartment Investment and Management had a negative return on equity of 30.04% and a negative net margin of 88.87%. The firm had revenue of $49.35 million during the quarter.

Apartment Investment and Management Stock Performance

Shares of NYSE:AIV opened at $8.34 on Tuesday. Apartment Investment and Management has a 1-year low of $5.63 and a 1-year high of $8.93. The firm’s 50 day simple moving average is $7.86 and its two-hundred day simple moving average is $7.43. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 2.73.

Wall Street Analyst Weigh In

AIV has been the subject of a number of recent analyst reports. StockNews.com lowered Apartment Investment and Management from a “hold” rating to a “sell” rating in a research note on Monday, February 26th. TheStreet upgraded Apartment Investment and Management from a “d+” rating to a “c-” rating in a research note on Tuesday, January 16th.

About Apartment Investment and Management

Aimco is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. multifamily sector. Aimco's mission is to make real estate investments where outcomes are enhanced through our human capital so that substantial value is created for investors, teammates, and the communities in which we operate.