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AIV

8.25USD-0.06(-0.72%)Market Closed

Apartment Investment and Management Co

Market Summary

USD8.25-0.06Market Closed
-0.72%

AIV Stock Price

RSI Chart

Valuation

Market Cap

1.2B

Price/Earnings

5

Price/Sales

3.44

Price/Cashflow

55.2

MarketCap/EBT

4.04

Price/Sales

Profitability

EBT Margin

85.07%

Return on Equity

32.05%

Return on Assets

9.82%

Fundamentals

Revenue

Revenue Y/Y

408.16%

Revenue Q/Q

310.82%

Earnings

Earnings (TTM)

271.6M

Earnings Y/Y

679.49%

Earnings Q/Q

-87.68%

Price Action

52 Week Range

5.229.79
(Low)(High)

Last 7 days

0.5%

Last 30 days

10.7%

Last 90 days

-5.8%

Trailing 12 Months

8.7%

Financial Health

Debt/Equity

1.55

Debt/Cashflow

0.02

Investor Care

Dividend Yield

874.77%

Buy Backs (1Y)

0.40%

Diluted EPS (TTM)

1.8

Peers (Alternatives to Apartment Investment and Management)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
54.7B
4.0B
4.52% -6.45%
24.01
14.3
23.61% 170.44%
36.1B
5.2B
6.93% -18.34%
14.04
7.05
10.93% 41.97%
29.1B
4.6B
17.64% -31.38%
21.77
6.46
4.35% 106.20%
23.9B
2.5B
7.68% -22.22%
44.1
9.58
24.72% -42.18%
23.7B
2.7B
3.65% -22.62%
20.74
8.86
10.21% 8.14%
13.1B
1.7B
8.55% 0.13%
50.71
7.62
41.60% -73.28%
MID-CAP
7.3B
1.0B
10.36% -10.60%
26.1
7.17
16.50% 74.49%
4.6B
392.5M
9.12% -36.63%
22.95
13.26
-74.80% 441.99%
4.3B
760.3M
15.26% 15.23%
-39.09
6.74
172.75% -1136.68%
2.5B
796.4M
6.39% -39.17%
8.02
3.21
-9.94% -109.68%
2.4B
860.3M
11.48% -28.89%
63.8
2.74
5.87% 46.68%
2.1B
-
0.33% 22.89%
32.23
11.01
- -
SMALL-CAP
1.9B
432.4M
9.20% 0.38%
23.11
4.36
3.91% 1705.32%
1.5B
740.6M
-3.48% -25.18%
538.82
1.96
2.16% 107.41%
1.2B
-
10.74% 8.70%
5
3.44
120.87% 1462.96%

Financials for Apartment Investment and Management

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue-100.0%null345180170162
Operating Expenses30.6%277212193185-274.51
  S&GA Expenses5.1%4038363328
Earnings Before Taxes8.0%317293-28.83-18.55-49.11
Net Income14.3%272238-18.03-5.91-19.93
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-5.1%2,2962,4192,5942,4342,394
    Cash Equivalents152.3%20682109233253
Liabilities-16.7%1,2851,5431,9751,8381,829
  Long Term Debt-18.1%9401,1481,2271,1811,158
Shareholder's Equity3.5%767741510501499
  Retained Earnings11.8%251225-14.57-22.77-21.38
  Additional Paid-In Capital-0.1%514515523522519
Shares Outstanding0.0%149149150150149
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations917.6%21921171329
  Share Based Compensation0.2%88755
Cashflow From Investing53.3%-137.73-294.75-344.92-271.4110
Cashflow From Financing-263.6%-118.3472270205463
  Buy Backs-25.4%795

Risks

What is the probability of a big loss on AIV?

43.9%


Probability that Apartment Investment and Management stock will be more than 20% underwater in next one year

27.7%


Probability that Apartment Investment and Management stock will be more than 30% underwater in next one year.

19.2%


Probability that Apartment Investment and Management stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does AIV drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Apartment Investment and Management was unfortunately bought at previous high price.

Returns

Cumulative Returns on AIV

12.9%


10-Year Cumulative Returns

10.3%


7-Year Cumulative Returns

10.4%


5-Year Cumulative Returns

8.3%


3-Year Cumulative Returns

What are the long-term rolling returns for AIV?

FIve years rolling returns for Apartment Investment and Management.

Which funds bought or sold AIV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
1,000
8,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.44
154,000
1,391,000
-%
2022-11-17
M&T Bank Corp
UNCHANGED
-
17,000
131,000
-%
2022-11-15
MATHER GROUP, LLC.
NEW
-
549,000
549,000
0.01%
2022-11-15
JANE STREET GROUP, LLC
REDUCED
-70.53
-369,000
187,000
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
REDUCED
-4.92
119,000
1,518,000
-%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
REDUCED
-5.95
120,000
1,774,000
0.01%
2022-11-15
STATE STREET CORP
REDUCED
-2.76
5,216,000
53,010,000
-%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
UNCHANGED
-
14,000
112,000
-%
2022-11-15
Clearstead Advisors, LLC
ADDED
0.5
-
1,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying AIV calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own AIV

Apartment Investment and Management News

Marketscreener.com

Apartment Investment and Management : Aimco Expands its Commitment to Governance Enhancements - Form 8-K.6 days ago

AIV Fair Value

Recent SEC filings of Apartment Investment and Management

View All Filings
Date Filed Form Type Document
Nov 28, 2022
8-K
Current Report
Nov 28, 2022
DEFA14A
DEFA14A
Nov 23, 2022
DEFA14A
DEFA14A
Nov 21, 2022
DFAN14A
DFAN14A
Nov 21, 2022
DEFA14A
DEFA14A
Nov 21, 2022
DEFA14A
DEFA14A
Nov 18, 2022
DFAN14A
DFAN14A
Nov 18, 2022
SC 13D/A
13D - Major Acquisition
Nov 15, 2022
DEFA14A
DEFA14A
Nov 15, 2022
DEFA14A
DEFA14A

Latest Insider Trading transactions for AIV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-05-31
Leupp Jay P
BOUGHT
13,544.6
6.3145
2,145
-
2022-02-04
STONE R DARY
ACQUIRED
-
-
12,355
-
2022-02-04
Allen Quincy
ACQUIRED
-
-
12,355
-
2022-02-04
Leupp Jay P
ACQUIRED
-
-
21,621
-
2022-02-04
Sykes Kirk
ACQUIRED
-
-
12,355
-
2022-02-04
Gibson Patricia L
ACQUIRED
-
-
21,621
-
2022-02-02
Stanfield Lynn
ACQUIRED
-
-
25,585
EVP and CFO
2022-02-02
Johnson Jennifer
ACQUIRED
-
-
18,275
EVP CAO and General Counsel
2022-02-02
Powell Wesley William
ACQUIRED
-
-
2,658
President and CEO
2021-09-30
CONSIDINE TERRY
BOUGHT
969,450
6.996
138,572
Director

1–10 of 50

Wesley W. Powell
60
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.

AIV Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES    
Rental and other property revenues$ 47,683,000$ 42,893,000$ 148,375,000$ 123,115,000
OPERATING EXPENSES    
Property operating expenses17,455,00018,155,00056,384,00051,500,000
Depreciation and amortization85,438,00021,709,000143,420,00063,065,000
General and administrative expenses10,809,0008,868,00029,243,00022,562,000
Total operating expenses113,702,00048,732,000229,047,000137,127,000
Interest expense(9,719,000)(12,680,000)(65,865,000)(37,995,000)
Mezzanine investment income, net8,423,0007,636,00024,990,00022,654,000
Realized and unrealized gains (losses) on interest rate options9,209,000(2,231,000)48,005,00010,608,000
Realized and unrealized gains (losses) on equity investments(2,145,000)1,233,00020,152,0002,107,000
Gain on dispositions of real estate75,539,000 170,004,000 
Lease modification income1,577,000 206,963,000 
Other income (expense), net(255,000)552,000(1,743,000)2,959,000
Income (loss) before income tax16,610,000(6,867,000)321,834,000(13,679,000)
Income tax benefit (expense)17,563,0002,021,000(24,338,000)9,881,000
Net income (loss)34,173,000(4,846,000)297,496,000(3,798,000)
Noncontrolling interests:    
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships(2,907,000)(127,000)(5,446,000)(41,000)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships(240,000)(296,000)(585,000)(862,000)
Net income (loss) attributable to common noncontrolling interests in Aimco Operating Partnership(1,554,000)253,000(14,648,000)209,000
Net income (loss) attributable to Aimco$ 29,472,000$ (5,016,000)$ 276,817,000$ (4,492,000)
Net income (loss) attributable to Aimco per common share -basic (Note 6)$ 0.19$ (0.03)$ 1.82$ (0.03)
Net income (loss) attributable to Aimco per common share - diluted (Note 6)$ 0.19$ (0.03)$ 1.81$ (0.03)
Weighted-average common shares/units outstanding - basic149,611149,762149,706149,517
Weighted-average common shares/units outstanding - diluted151,197149,762151,076149,517
Aimco OP L.P. [Member]    
REVENUES    
Rental and other property revenues$ 47,683,000$ 42,893,000$ 148,375,000$ 123,115,000
OPERATING EXPENSES    
Property operating expenses17,455,00018,155,00056,384,00051,500,000
Depreciation and amortization85,438,00021,709,000143,420,00063,065,000
General and administrative expenses10,809,0008,868,00029,243,00022,562,000
Total operating expenses113,702,00048,732,000229,047,000137,127,000
Interest expense(9,719,000)(12,680,000)(65,865,000)(37,995,000)
Mezzanine investment income, net8,423,0007,636,00024,990,00022,654,000
Realized and unrealized gains (losses) on interest rate options9,209,0002,231,00048,005,00010,608,000
Realized and unrealized gains (losses) on equity investments(2,145,000)1,233,00020,152,0002,107,000
Gain on dispositions of real estate75,539,000 170,004,000 
Lease modification income1,577,000 206,963,000 
Other income (expense), net(255,000)552,000(1,743,000)2,959,000
Income (loss) before income tax16,610,000(6,867,000)321,834,000(13,679,000)
Income tax benefit (expense)17,563,0002,021,000(24,338,000)9,881,000
Net income (loss)34,173,000(4,846,000)297,496,000(3,798,000)
Noncontrolling interests:    
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships(2,907,000)(127,000)(5,446,000)(41,000)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships(240,000)(296,000)(585,000)(862,000)
Net income (loss) attributable to Aimco$ 31,026,000$ (5,269,000)$ 291,465,000$ (4,701,000)
Net income (loss) attributable to Aimco per common share -basic (Note 6)$ 0.19$ (0.03)$ 1.82$ (0.03)
Net income (loss) attributable to Aimco per common share - diluted (Note 6)$ 0.19$ (0.03)$ 1.81$ (0.03)
Weighted-average common shares/units outstanding - basic157,530157,806157,627157,873
Weighted-average common shares/units outstanding - diluted159,136157,806159,017157,873

AIV Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS  
Buildings and improvements$ 1,248,005$ 1,257,214
Land639,272534,285
Total real estate1,887,2771,791,499
Accumulated depreciation(516,857)(561,115)
Net real estate1,370,4201,230,384
Cash and cash equivalents206,366233,374
Restricted cash19,07511,208
Mezzanine investment362,788337,797
Right-of-use lease assets95,506429,768
Other assets, net180,641165,913
Total assets2,296,2442,434,101
LIABILITIES AND EQUITY  
Non-recourse property debt,net859,593483,137
Construction loans, net80,816163,570
Notes payable to AIR 534,127
Total indebtedness940,4091,180,834
Deferred tax liabilities121,344124,747
Lease liabilities98,467435,093
Accrued liabilities and other125,13297,400
Total liabilities1,285,3521,838,074
Redeemable noncontrolling interests in consolidated real estate partnerships158,13533,794
Commitments and contingencies (Note 4)
Equity:  
Common Stock, $0.01 par value, 510,587,500 shares authorized at both September 30, 2022 and December 31, 2021, and 149,124,466 and 149,818,021 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively1,4921,498
Additional paid-in capital514,341521,842
Retained Earnings (accumulated deficit)250,996(22,775)
Total Aimco equity766,829500,565
Noncontrolling interests in consolidated real estate partnerships45,51735,213
Common noncontrolling interests in Aimco Operating Partnership40,41126,455
Total equity852,757562,233
Total liabilities and equity2,296,2442,434,101
Aimco OP L.P. [Member]  
ASSETS  
Buildings and improvements1,248,0051,257,214
Land639,272534,285
Total real estate1,887,2771,791,499
Accumulated depreciation(516,857)(561,115)
Net real estate1,370,4201,230,384
Cash and cash equivalents206,366233,374
Restricted cash19,07511,208
Mezzanine investment362,788337,797
Right-of-use lease assets95,506429,768
Other assets, net180,641165,913
Total assets2,296,2442,434,101
LIABILITIES AND EQUITY  
Non-recourse property debt,net859,593483,137
Construction loans, net80,816163,570
Notes payable to AIR 534,127
Total indebtedness940,4091,180,834
Deferred tax liabilities121,344124,747
Lease liabilities98,467435,093
Accrued liabilities and other125,13297,400
Total liabilities1,285,3521,838,074
Redeemable noncontrolling interests in consolidated real estate partnerships158,13533,794
Commitments and contingencies (Note 4)
Equity:  
General Partner and Special Limited Partner766,829500,565
Limited Partners40,41126,455
Partners’ capital attributable to Aimco Operating Partnership807,240527,020
Noncontrolling interests in consolidated real estate partnerships45,51735,213
Total partners’ capital852,757562,233
Total liabilities and equity2,296,2442,434,101
Interest Rate Options  
ASSETS  
Interest rate options61,44825,657
Interest Rate Options | Aimco OP L.P. [Member]  
ASSETS  
Interest rate options$ 61,448$ 25,657