Last 7 days
-8.7%
Last 30 days
-7.8%
Last 90 days
-10.2%
Trailing 12 Months
-1.9%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
PSA | 51.7B | 4.2B | -4.61% | -14.88% | 11.88 | 12.36 | 22.43% | 122.66% |
DLR | 30.0B | 4.7B | -6.82% | -21.36% | 79.47 | 6.4 | 5.96% | -77.90% |
EQR | 22.3B | 2.7B | -9.31% | -29.65% | 28.69 | 8.21 | 11.91% | -41.71% |
ARE | 21.2B | 2.6B | -23.98% | -31.95% | 40.62 | 8.18 | 22.46% | -8.68% |
KIM | 13.2B | 1.7B | -4.07% | -13.87% | 104.43 | 7.61 | 26.61% | -85.07% |
MID-CAP | ||||||||
FRT | 7.7B | 1.1B | -13.38% | -14.77% | 20.08 | 7.2 | 12.95% | 47.42% |
KRG | 4.3B | 802.0M | -9.03% | -5.22% | -341.02 | 5.37 | 114.83% | 84.36% |
VNO | 2.9B | 1.8B | -31.59% | -62.57% | -8.47 | 1.63 | 13.26% | -296.88% |
MAC | 2.1B | 859.2M | -25.44% | -29.31% | -31.63 | 2.43 | 1.38% | -563.21% |
SMALL-CAP | ||||||||
SKT | 1.9B | 421.4M | -3.41% | 12.84% | 22.56 | 4.55 | 3.35% | 1705.32% |
SLG | 1.7B | 826.7M | -30.54% | -63.53% | -22.04 | 2.08 | -2.04% | -117.36% |
AIV | 1.0B | 190.3M | -7.76% | -1.93% | 11.27 | 5.46 | 12.08% | 1950.56% |
PGRE | 983.2M | 740.4M | -22.73% | -54.50% | -27.01 | 1.33 | 1.87% | -78.85% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | -2.4% | 190 | 195 | 190 | 180 | 170 |
Operating Expenses | -2.5% | 270 | 277 | 212 | 193 | 185 |
S&GA Expenses | -0.4% | 40.00 | 40.00 | 38.00 | 36.00 | 33.00 |
EBITDA | -39.2% | 342 | 563 | 479 | 113 | - |
EBITDA Margin | -37.7% | 1.80* | 2.88* | 2.51* | 0.63* | - |
Earnings Before Taxes | -65.5% | 109 | 317 | 293 | -28.83 | -18.55 |
EBT Margin | -64.6% | 0.57* | 1.62* | 1.54* | -0.16* | - |
Interest Expenses | -8.6% | 74.00 | 81.00 | 84.00 | 55.00 | 53.00 |
Net Income | -68.9% | 92.00 | 296 | 257 | -16.30 | -4.98 |
Net Income Margin | -68.1% | 0.48* | 1.52* | 1.35* | -0.10* | - |
Free Cahsflow | -6.6% | 204 | 219 | 21.00 | 17.00 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -5.0% | 2,181 | 2,296 | 2,419 | 2,594 | 2,434 |
Cash Equivalents | 0.0% | 206 | 206 | 82.00 | 109 | 233 |
Liabilities | 8.1% | 1,389 | 1,285 | 1,543 | 1,975 | 1,838 |
Long Term Debt | 11.5% | 1,048 | 940 | 1,148 | 1,227 | 1,181 |
Shareholder's Equity | -28.6% | 548 | 767 | 825 | 582 | 501 |
Retained Earnings | -80.1% | 50.00 | 251 | 225 | -14.57 | -22.77 |
Additional Paid-In Capital | -3.5% | 496 | 514 | 515 | 523 | 522 |
Shares Outstanding | -1.7% | 147 | 149 | 149 | 150 | 150 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -6.6% | 204 | 219 | 21.00 | 17.00 | 13.00 |
Share Based Compensation | -6.4% | 7.00 | 8.00 | 8.00 | 7.00 | 5.00 |
Cashflow From Investing | 12.3% | -120 | -137 | -294 | -344 | -271 |
Cashflow From Financing | 16.9% | -98.29 | -118 | 72.00 | 270 | 205 |
Dividend Payments | -25.0% | 3.00 | 4.00 | - | - | - |
Buy Backs | 256.3% | 23.00 | 7.00 | 9.00 | 5.00 | - |
49.6%
33.5%
19.2%
Y-axis is the maximum loss one would have experienced if Apartment Investment and Management was unfortunately bought at previous high price.
9.0%
7.5%
8.7%
7.8%
FIve years rolling returns for Apartment Investment and Management.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 285 | 1,029,180 | 1,403,180 | -% |
2023-03-10 | MATHER GROUP, LLC. | added | 6.32 | 20,586 | 569,586 | 0.01% |
2023-03-06 | Rockefeller Capital Management L.P. | unchanged | - | - | 2,000 | -% |
2023-02-28 | Voya Investment Management LLC | added | 12.82 | 224,496 | 2,464,500 | -% |
2023-02-21 | MACQUARIE GROUP LTD | added | 10.43 | -40,046 | 218,954 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | added | 0.08 | -24,928 | 1,012,070 | -% |
2023-02-21 | CENTERSQUARE INVESTMENT MANAGEMENT LLC | reduced | -93.84 | -8,669,350 | 554,648 | 0.01% |
2023-02-17 | TRUIST FINANCIAL CORP | added | 1.05 | -2,846 | 156,154 | -% |
2023-02-16 | HARBOUR INVESTMENTS, INC. | sold off | -100 | - | - | -% |
2023-02-15 | Metropolitan Life Insurance Co/NY | reduced | -0.28 | -3,136 | 97,864 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | price t rowe associates inc /md/ | 11.5% | 17,439,376 | SC 13G/A | |
Feb 14, 2023 | sessa capital special opportunity fund ii, l.p. | 6.5% | 9,932,043 | SC 13G | |
Feb 13, 2023 | long pond capital, lp | 3.8% | 5,810,366 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 14.40% | 21,828,329 | SC 13G/A | |
Jan 24, 2023 | blackrock inc. | 9.2% | 13,949,317 | SC 13G/A | |
Dec 19, 2022 | land & buildings investment management, llc | 5.8% | 1,511,803 | SC 13D/A | |
Nov 18, 2022 | beard joseph g | 5.18% | 7,857,295 | SC 13D/A | |
Oct 28, 2022 | land & buildings investment management, llc | 5.8% | 1,511,803 | SC 13D | |
Jul 07, 2022 | jpmorgan chase & co | 0.3% | 581,555 | SC 13G/A | |
Feb 14, 2022 | price t rowe associates inc /md/ | 14.3% | 21,863,039 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 3.12 -55.99% | 5.00 -29.48% | 6.34 -10.58% | 8.70 22.71% | 10.33 45.70% |
Current Inflation | 3.04 -57.12% | 4.79 -32.44% | 6.01 -15.23% | 8.11 14.39% | 9.25 30.47% |
Very High Inflation | 2.94 -58.53% | 4.51 -36.39% | 5.59 -21.16% | 7.37 3.95% | 7.98 12.55% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 09, 2023 | 3 | Insider Trading | |
Mar 09, 2023 | 8-K | Current Report | |
Feb 27, 2023 | 10-K | Annual Report | |
Feb 22, 2023 | 8-K | Current Report | |
Feb 21, 2023 | 8-K | Current Report | |
Feb 14, 2023 | SC 13G | Major Ownership Report | |
Feb 14, 2023 | SC 13G/A | Major Ownership Report | |
Feb 13, 2023 | SC 13G/A | Major Ownership Report | |
Feb 13, 2023 | 8-K | Current Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-02-01 | Sullivan James Patrick | acquired | - | - | 18,618 | - |
2023-02-01 | Sykes Kirk | acquired | - | - | 13,298 | - |
2023-02-01 | Powell Wesley William | acquired | - | - | 5,125 | president and ceo |
2023-02-01 | Gibson Patricia L | acquired | - | - | 26,596 | - |
2023-02-01 | Leupp Jay P | acquired | - | - | 26,596 | - |
2023-02-01 | Allen Quincy | acquired | - | - | 19,947 | - |
2023-02-01 | STONE R DARY | acquired | - | - | 26,596 | - |
2023-02-01 | Smith Deborah | acquired | - | - | 13,298 | - |
2023-02-01 | Stanfield Lynn | acquired | - | - | 37,678 | evp and cfo |
2023-02-01 | Johnson Jennifer | acquired | - | - | 27,704 | evp, cao, and general counsel |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
REVENUES: | |||
Rental and other property revenues | $ 190,344 | $ 169,836 | $ 151,451 |
OPERATING EXPENSES: | |||
Property operating expenses | 71,792 | 67,613 | 61,514 |
Depreciation and amortization | 158,967 | 84,712 | 77,965 |
Impairment | 15,860 | ||
General and administrative expenses | 39,673 | 33,151 | 10,469 |
Total operating expenses | 270,432 | 185,476 | 165,808 |
Interest income | 4,052 | 2,277 | 110 |
Interest expense | (73,842) | (52,902) | (27,512) |
Realized and unrealized gains (losses) on interest rate options | 48,205 | 6,509 | 1,058 |
Realized and unrealized gains (losses) on equity investments | 20,302 | 6,585 | |
Gain on dispositions of real estate | 175,863 | ||
Lease modification income | 206,963 | ||
Other income (expenses), net | (13,373) | 3,212 | (3,603) |
Income (loss) before income tax | 109,422 | (18,550) | (15,920) |
Income tax benefit (expense) | (17,264) | 13,570 | 10,149 |
Net income (loss) | 92,158 | (4,980) | (5,771) |
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships | (8,829) | (91) | 457 |
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships | (3,672) | (1,136) | 4 |
Net loss (income) attributable to common noncontrolling interests in Aimco Operating Partnership | (3,931) | 297 | 269 |
Net (loss) income attributable to Aimco | $ 75,726 | $ (5,910) | $ (5,041) |
Net income (loss) attributable to Aimco Operating Partnership per common unit - basic (Note 6) | $ 0.50 | $ (0.04) | $ (0.03) |
Net income (loss) attributable to Aimco Operating Partnership per common unit - diluted (Note 6) | $ 0.49 | $ (0.04) | $ (0.03) |
Weighted-average common shares/units outstanding - basic | 149,395 | 149,480 | 148,569 |
Weighted-average common shares/units outstanding - diluted | 150,834 | 149,480 | 148,569 |
Aimco OP L.P. [Member] | |||
REVENUES: | |||
Rental and other property revenues | $ 190,344 | $ 169,836 | $ 151,451 |
OPERATING EXPENSES: | |||
Property operating expenses | 71,792 | 67,613 | 61,514 |
Depreciation and amortization | 158,967 | 84,712 | 77,965 |
Impairment | 15,860 | ||
General and administrative expenses | 39,673 | 33,151 | 10,469 |
Total operating expenses | 270,432 | 185,476 | 165,808 |
Interest income | 4,052 | 2,277 | 110 |
Interest expense | (73,842) | (52,902) | (27,512) |
Realized and unrealized gains (losses) on interest rate options | 48,205 | 6,509 | 1,058 |
Realized and unrealized gains (losses) on equity investments | 20,302 | 6,585 | |
Gain on dispositions of real estate | 175,863 | ||
Lease modification income | 206,963 | ||
Other income (expenses), net | (13,373) | 3,212 | (3,603) |
Income (loss) before income tax | 109,422 | (18,550) | (15,920) |
Income tax benefit (expense) | (17,264) | 13,570 | 10,149 |
Net income (loss) | 92,158 | (4,980) | (5,771) |
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships | (8,829) | (91) | 457 |
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships | (3,672) | (1,136) | 4 |
Net (loss) income attributable to Aimco | $ 79,657 | $ (6,207) | $ (5,310) |
Net income (loss) attributable to Aimco Operating Partnership per common unit - basic (Note 6) | $ 0.50 | $ (0.04) | $ (0.03) |
Net income (loss) attributable to Aimco Operating Partnership per common unit - diluted (Note 6) | $ 0.49 | $ (0.04) | $ (0.03) |
Weighted-average common shares/units outstanding - basic | 157,317 | 157,701 | 156,500 |
Weighted-average common shares/units outstanding - diluted | 158,774 | 157,701 | 156,500 |
Mezzanine Investment [Member] | |||
OPERATING EXPENSES: | |||
Mezzanine / Unconsolidated partnerships investment income (loss), net | $ (179,239) | $ 30,436 | $ 27,576 |
Mezzanine Investment [Member] | Aimco OP L.P. [Member] | |||
OPERATING EXPENSES: | |||
Mezzanine / Unconsolidated partnerships investment income (loss), net | (179,239) | 30,436 | 27,576 |
Unconsolidated Real Estate Partnerships [Member] | |||
OPERATING EXPENSES: | |||
Mezzanine / Unconsolidated partnerships investment income (loss), net | 579 | 973 | 808 |
Unconsolidated Real Estate Partnerships [Member] | Aimco OP L.P. [Member] | |||
OPERATING EXPENSES: | |||
Mezzanine / Unconsolidated partnerships investment income (loss), net | $ 579 | $ 973 | $ 808 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
ASSETS | ||
Buildings and improvements | $ 1,322,381 | $ 1,257,214 |
Land | 641,102 | 534,285 |
Total real estate | 1,963,483 | 1,791,499 |
Accumulated depreciation | (530,722) | (561,115) |
Net real estate | 1,432,761 | 1,230,384 |
Cash and cash equivalents | 206,460 | 233,374 |
Restricted cash | 23,306 | 11,208 |
Mezzanine investment | 158,558 | 337,797 |
Unconsolidated real estate partnerships | 15,789 | 13,025 |
Notes receivable | 39,014 | 38,029 |
Right-of-use lease assets- finance leases | 110,269 | 429,768 |
Other assets, net | 132,679 | 114,859 |
Total assets | 2,181,223 | 2,434,101 |
LIABILITIES AND EQUITY | ||
Non-recourse property debt, net | 929,501 | 483,137 |
Construction loans, net | 118,698 | 163,570 |
Notes payable to AIR | 534,127 | |
Total indebtedness | 1,048,199 | 1,180,834 |
Deferred tax liabilities | 119,615 | 124,747 |
Lease liabilities - finance leases | 114,625 | 435,093 |
Accrued liabilities and other | 106,600 | 97,400 |
Total liabilities | 1,389,039 | 1,838,074 |
Redeemable noncontrolling interests in consolidated real estate partnerships | 166,826 | 33,794 |
Commitments and contingencies (Note 14) | ||
Equity (510,587,500 shares authorized at both December 31, 2022 and 2021): | ||
Common Stock, $0.01 par value, 146,524,941 and 149,818,021 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively | 1,466 | 1,498 |
Additional paid-in capital | 496,482 | 521,842 |
Retained Earnings (accumulated deficit) | 49,904 | (22,775) |
Total Aimco equity | 547,852 | 500,565 |
Noncontrolling interests in consolidated real estate partnerships | 48,294 | 35,213 |
Common noncontrolling interests in Aimco Operating Partnership | 29,212 | 26,455 |
Total equity | 625,358 | 562,233 |
Total liabilities and equity | 2,181,223 | 2,434,101 |
Aimco OP L.P. [Member] | ||
ASSETS | ||
Buildings and improvements | 1,322,381 | 1,257,214 |
Land | 641,102 | 534,285 |
Total real estate | 1,963,483 | 1,791,499 |
Accumulated depreciation | (530,722) | (561,115) |
Net real estate | 1,432,761 | 1,230,384 |
Cash and cash equivalents | 206,460 | 233,374 |
Restricted cash | 23,306 | 11,208 |
Mezzanine investment | 158,558 | 337,797 |
Unconsolidated real estate partnerships | 15,789 | 13,025 |
Notes receivable | 39,014 | 38,029 |
Right-of-use lease assets- finance leases | 110,269 | 429,768 |
Other assets, net | 132,679 | 114,859 |
Total assets | 2,181,223 | 2,434,101 |
LIABILITIES AND EQUITY | ||
Non-recourse property debt, net | 929,501 | 483,137 |
Construction loans, net | 118,698 | 163,570 |
Notes payable to AIR | 534,127 | |
Total indebtedness | 1,048,199 | 1,180,834 |
Deferred tax liabilities | 119,615 | 124,747 |
Lease liabilities - finance leases | 114,625 | 435,093 |
Accrued liabilities and other | 106,600 | 97,400 |
Total liabilities | 1,389,039 | 1,838,074 |
Redeemable noncontrolling interests in consolidated real estate partnerships | 166,826 | 33,794 |
Commitments and contingencies (Note 14) | ||
Equity (510,587,500 shares authorized at both December 31, 2022 and 2021): | ||
General Partner and Special Limited Partner | 547,852 | 500,565 |
Limited Partners | 29,212 | 26,455 |
Partners' capital attributable to Aimco Operating Partnership | 577,064 | 527,020 |
Noncontrolling interests in consolidated real estate partnerships | 48,294 | 35,213 |
Total partners' capital | 625,358 | 562,233 |
Total liabilities and equity | 2,181,223 | 2,434,101 |
Interest Rate Options | ||
ASSETS | ||
Interest rate options | 62,387 | 25,657 |
Interest Rate Options | Aimco OP L.P. [Member] | ||
ASSETS | ||
Interest rate options | $ 62,387 | $ 25,657 |