AIRC RSI Chart
Last 7 days
-0.1%
Last 30 days
-0.1%
Last 90 days
-6.5%
Trailing 12 Months
-9.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 804.2M | 835.3M | 831.7M | 820.1M |
2022 | 745.9M | 751.1M | 760.2M | 773.7M |
2021 | 709.9M | 706.6M | 720.3M | 740.9M |
2020 | 760.2M | 751.5M | 737.6M | 719.6M |
2019 | 822.8M | 805.4M | 788.0M | 770.6M |
2018 | 0 | 0 | 0 | 840.2M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 17, 2024 | kimmel keith m | acquired | - | - | 28,968 | president of property operatio |
Feb 23, 2024 | bohjalian thomas n | bought | 23,250 | 31.00 | 750 | - |
Feb 14, 2024 | bohjalian thomas n | bought | 28,003 | 31.5 | 889 | - |
Jan 30, 2024 | palau hernandez margarita | acquired | - | - | 4,861 | - |
Jan 30, 2024 | bohjalian thomas n | acquired | - | - | 4,861 | - |
Jan 30, 2024 | keltner thomas l. | acquired | - | - | 4,861 | - |
Jan 01, 2024 | beldin paul | acquired | - | - | 6,032 | evp & cfo |
Jan 01, 2024 | cohn lisa r | acquired | - | - | 13,511 | president & general counsel |
Jan 01, 2024 | minix joshua | acquired | - | - | 3,378 | executive vice president |
Jan 01, 2024 | o'grady matthew | acquired | - | - | 3,861 | senior vice president |
Which funds bought or sold AIRC recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 6.28 | 28,081 | 166,877 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | sold off | -100 | -1,166,080 | - | -% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -1.58 | 75,147,800 | 737,630,000 | 0.02% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 158 | 5,605,290 | 8,526,210 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -5.55 | 441,960 | 6,896,270 | 0.03% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -4.67 | 124,000 | 1,702,000 | 0.02% |
Feb 20, 2024 | Able Wealth Management LLC | new | - | 19,543 | 19,543 | 0.02% |
Feb 20, 2024 | Pacific Center for Financial Services | unchanged | - | 996 | 8,579 | -% |
Feb 16, 2024 | HARBOUR INVESTMENTS, INC. | added | 68.06 | 1,992 | 4,202 | -% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | new | - | 590,000 | 590,000 | 0.05% |
Unveiling Apartment Income REIT Corp.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Apartment Income REIT Corp.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AMT | 92.0B | 11.1B | 67.33 | 8.26 | ||||
CCI | 45.8B | 7.0B | 30.53 | 6.57 | ||||
AVB | 26.1B | 2.8B | 28.1 | 9.43 | ||||
ARE | 21.9B | 2.9B | 211.79 | 7.61 | ||||
AMH | 13.1B | 1.6B | 30.39 | 8.17 | ||||
REG | 11.1B | 1.3B | 30.46 | 8.4 | ||||
BXP | 9.9B | 3.3B | 52.15 | 3.03 | ||||
MID-CAP | ||||||||
FRT | 8.4B | 1.1B | 35.55 | 7.44 | ||||
MAC | 3.7B | 884.1M | -13.45 | 4.17 | ||||
SLG | 3.5B | 899.4M | -6.17 | 3.87 | ||||
SMALL-CAP | ||||||||
AAT | 1.3B | 441.2M | 20.37 | 2.99 | ||||
AIV | 1.2B | 198.2M | -7.47 | 5.93 | ||||
MFA | 1.1B | 605.6M | 14.31 | 1.89 | ||||
NYMT | 650.5M | 258.7M | -13.37 | 2.51 | ||||
IVR | 461.8M | 277.9M | -29.12 | 1.66 |
Apartment Income REIT Corp. News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -0.5% | 196 | 197 | 215 | 212 | 208 | 201 | 184 | 181 | 194 | 192 | 178 | 176 | 174 | 178 | 182 | 186 | 192 | 192 | 190 | 196 | - |
Operating Expenses | -0.4% | 158 | 159 | 170 | 184 | 169 | 174 | 145 | 158 | 173 | 165 | 148 | 147 | 257 | 170 | 155 | 156 | - | - | - | - | - |
S&GA Expenses | 17.0% | 7.00 | 6.00 | 6.00 | 7.00 | 5.00 | 8.00 | 5.00 | 7.00 | 3.00 | 6.00 | 5.00 | 4.00 | 24.00 | 8.00 | 8.00 | 7.00 | - | - | - | - | - |
EBITDA Margin | -24.2% | 1.42* | 1.87* | 1.04* | 1.31* | 1.86* | 1.92* | 1.94* | 1.65* | 1.25* | 0.67* | 0.64* | 0.75* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 44.3% | 33.00 | 23.00 | 38.00 | 36.00 | 36.00 | 33.00 | 26.00 | 22.00 | 29.00 | 31.00 | 34.00 | 36.00 | 21.00 | 45.00 | 44.00 | 37.00 | - | - | - | - | - |
Income Taxes | -175.8% | -3.48 | 5.00 | 1.00 | 0.00 | 3.00 | 0.00 | 1.00 | -0.58 | -6.02 | -0.28 | -2.03 | 3.00 | 98.00 | -0.42 | -0.78 | -1.31 | - | - | - | - | - |
Earnings Before Taxes | -102.1% | -15.36 | 715 | 2.00 | -9.81 | 357 | 3.00 | 213 | 401 | 393 | 10.00 | -21.72 | 92.00 | -35.05 | -26.97 | 39.00 | 4.00 | - | - | - | - | - |
EBT Margin | -34.0% | 0.84* | 1.28* | 0.42* | 0.70* | 1.26* | 1.33* | 1.35* | 1.05* | 0.64* | 0.06* | 0.01* | 0.10* | - | - | - | - | - | - | - | - | - |
Net Income | -102.4% | -16.21 | 664 | -1.34 | -11.38 | 330 | 2.00 | 197 | 376 | 373 | 9.00 | -17.95 | 83.00 | -125 | 25.00 | 39.00 | 7.00 | 133 | 2.00 | 59.00 | 272 | - |
Net Income Margin | -34.3% | 0.77* | 1.18* | 0.38* | 0.64* | 1.17* | 1.25* | 1.27* | 0.99* | 0.60* | -0.07* | -0.05* | 0.03* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -42.4% | 69.00 | 119 | 94.00 | 89.00 | 69.00 | 150 | 129 | 73.00 | 100 | 139 | 45.00 | 49.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | |||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2019Q4 |
Assets | -4.1% | 6,135 | 6,399 | 6,407 | 6,572 | 6,552 | 6,722 | 6,433 | 6,303 | 6,440 | 6,435 | 6,430 | 6,322 | 6,229 | 6,909 |
Cash Equivalents | -14.3% | 91.00 | 107 | 106 | 90.00 | 96.00 | 115 | 101 | 104 | 93.00 | 97.00 | 81.00 | 76.00 | 73.00 | 167 |
Goodwill | 0.0% | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 | 32.00 |
Liabilities | -2.9% | 3,507 | 3,611 | 4,161 | 4,260 | 4,155 | 4,451 | 4,065 | 3,960 | 4,422 | 4,846 | 4,779 | 4,920 | 4,842 | 4,947 |
Long Term Debt | 2.6% | 3,210 | 3,128 | 3,685 | 3,739 | 3,642 | 3,692 | 3,368 | 3,356 | 3,743 | 4,236 | 4,209 | 4,313 | 4,243 | 4,013 |
Shareholder's Equity | -6.2% | 2,352 | 2,507 | 2,169 | 2,235 | 2,156 | 2,192 | 2,289 | 2,264 | 1,939 | 1,509 | 1,572 | 1,322 | 1,308 | 1,861 |
Additional Paid-In Capital | -2.1% | 3,285 | 3,355 | 3,431 | 3,433 | 3,437 | 3,583 | 3,637 | 3,762 | 3,763 | 3,774 | 3,773 | 3,431 | 3,432 | 3,498 |
Shares Outstanding | -1.4% | 145 | 147 | 149 | 149 | 149 | 154 | 156 | 157 | 154 | 157 | 157 | 149 | - | - |
Float | - | - | - | 5,400 | - | - | - | 6,400 | - | - | - | 7,400 | - | - | - |
Cashflow (Quarterly) | |||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2018Q4 |
Cashflow From Operations | -42.4% | 69.00 | 119 | 94.00 | 89.00 | 69.00 | 150 | 129 | 73.00 | 100 | 139 | 45.00 | 49.00 | 11.00 | 82.00 | 107 | 77.00 | - | - |
Cashflow From Investing | -3.6% | -43.07 | -41.58 | -37.15 | -191 | 397 | -321 | 61.00 | 513 | 729 | -51.11 | -159 | -40.34 | 6.00 | -195 | -62.06 | -98.01 | - | - |
Cashflow From Financing | 42.3% | -42.26 | -73.25 | -41.79 | -83.95 | -279 | 186 | -193 | -574 | -833 | -71.41 | 119 | -6.56 | -206 | -59.64 | 23.00 | 218 | - | - |
Dividend Payments | 0.0% | 66.00 | 66.00 | 67.00 | 67.00 | 67.00 | 69.00 | 70.00 | 71.00 | 69.00 | 69.00 | 67.00 | 64.00 | 122 | 61.00 | 61.00 | 61.00 | - | - |
Buy Backs | -40.1% | 47.00 | 78.00 | - | - | - | 47.00 | 125 | - | - | - | - | - | - | - | - | 10.00 | - | - |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
REVENUES | |||
Total revenues | $ 820,036 | $ 773,723 | $ 740,853 |
EXPENSES | |||
Property operating expenses | 244,095 | 231,791 | 235,832 |
Property management expenses | 31,737 | 29,473 | 32,269 |
Depreciation and amortization | 342,593 | 350,945 | 319,742 |
General and administrative expenses | 25,494 | 24,939 | 18,585 |
Other expenses, net | 25,889 | 9,073 | 27,220 |
Total operating expenses | 669,808 | 646,221 | 633,648 |
Interest income | 8,314 | 50,264 | 58,651 |
Interest expense | (129,654) | (116,459) | (129,467) |
Loss on extinguishment of debt | 2,008 | 23,636 | 156,707 |
Gain on dispositions of real estate, impairments of real estate, and derecognition of leased properties | 677,740 | 939,806 | 594,861 |
Gain on derivative instruments, net | 16,742 | 0 | 0 |
Loss from unconsolidated real estate partnerships | (29,648) | (3,504) | (565) |
Income before income tax expense | 691,714 | 973,973 | 473,978 |
Income tax expense (benefit) | (2,427) | (3,923) | 5,246 |
Net income | 689,287 | 970,050 | 479,224 |
Noncontrolling interests: | |||
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships | (5,185) | (458) | 3,243 |
Net income attributable to preferred noncontrolling interests in AIR Operating Partnership | (6,280) | (6,388) | (6,413) |
Net income attributable to common noncontrolling interests in AIR Operating Partnership | (42,721) | (58,772) | (28,433) |
Net income attributable to noncontrolling interests | (54,186) | (65,618) | (31,603) |
Net income attributable to AIR | 635,101 | 904,432 | 447,621 |
Net income attributable to AIR preferred stockholders | (172) | (172) | (181) |
Net income attributable to participating securities | (485) | (618) | (316) |
Net income attributable to AIR common stockholders | $ 634,444 | $ 903,642 | $ 447,124 |
Net income attributable to AIR common stockholders per share - basic (in dollars per share) | $ 4.29 | $ 5.86 | $ 2.90 |
Net income attributable to AIR common stockholders per share - diluted (in dollars per share) | $ 4.27 | $ 5.81 | $ 2.89 |
Weighted average common shares/units outstanding - basic (in shares) | 147,899 | 154,093 | 154,135 |
Weighted average common shares/units outstanding - diluted (in shares) | 150,220 | 156,587 | 154,503 |
Rental and other property revenues | |||
REVENUES | |||
Total revenues | $ 809,875 | $ 764,192 | $ 733,483 |
Other revenues | |||
REVENUES | |||
Total revenues | $ 10,161 | $ 9,531 | $ 7,370 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Buildings and improvements | $ 6,324,857 | $ 6,784,965 |
Land | 1,285,710 | 1,291,429 |
Total real estate | 7,610,567 | 8,076,394 |
Accumulated depreciation | (2,245,589) | (2,449,883) |
Net real estate | 5,364,978 | 5,626,511 |
Cash and cash equivalents | 91,401 | 95,797 |
Restricted cash | 26,090 | 205,608 |
Investment in unconsolidated real estate partnerships | 336,077 | 41,860 |
Goodwill | 32,286 | 32,286 |
Other assets, net | 283,920 | 549,821 |
Total assets | 6,134,752 | 6,551,883 |
LIABILITIES AND EQUITY | ||
Non-recourse property debt, net | 2,223,791 | 1,985,430 |
Term loans, net | 473,701 | 796,713 |
Revolving credit facility borrowings | 115,000 | 462,000 |
Unsecured notes payable, net | 397,852 | 397,486 |
Total indebtedness | 3,210,344 | 3,641,629 |
Accrued liabilities and other | 296,894 | 513,805 |
Total liabilities | 3,507,238 | 4,155,434 |
Commitments and contingencies | ||
Redeemable preferred units | 77,140 | 77,143 |
Equity: | ||
Perpetual Preferred Stock | 2,000 | 2,000 |
Common Stock, $0.01 par value, 1,021,175,000 shares authorized at December 31, 2023 and December 31, 2022, and 144,925,604 and 149,086,548 shares issued/outstanding at December 31, 2023 and December 31, 2022, respectively | 1,449 | 1,491 |
Additional paid-in capital | 3,284,716 | 3,436,635 |
Accumulated other comprehensive income | 22,392 | 43,562 |
Distributions in excess of earnings | (958,661) | (1,327,271) |
Total AIR equity | 2,351,896 | 2,156,417 |
Noncontrolling interests in consolidated real estate partnerships | (85,973) | (78,785) |
Common noncontrolling interests in AIR Operating Partnership | 284,451 | 241,674 |
Total equity | 2,550,374 | 2,319,306 |
Total liabilities, preferred noncontrolling interests in AIR Operating Partnership, and equity | $ 6,134,752 | $ 6,551,883 |