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Apartment Investment And Management Company (NYSE: AIV) |
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Price: $8.3400
$-0.13 
-1.535%
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| Day's High:
| $8.485
| Week Perf:
| -0.6 %
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| Day's Low: |
$ 8.28 |
30 Day Perf: |
4.64 % |
| Volume (M): |
1,305 |
52 Wk High: |
$ 9.49 |
| Volume (M$): |
$ 10,883 |
52 Wk Avg: |
$8.61 |
| Open: |
$8.39 |
52 Wk Low: |
$6.89 |
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| Market Capitalization (Millions $) |
1,142 |
| Shares
Outstanding (Millions) |
137 |
| Employees |
170 |
| Revenues (TTM) (Millions $) |
211 |
| Net Income (TTM) (Millions $) |
-101 |
| Cash Flow (TTM) (Millions $) |
-63 |
| Capital Exp. (TTM) (Millions $) |
138 |
Apartment Investment And Management Company
Apartment Investment and Management Company, or Aimco, is a Maryland corporation
incorporated on January'10, 1994. We are a self-administered and self-managed
real estate investment trust, or REIT, engaged in the acquisition, ownership,
management and redevelopment of apartment properties.
We own an equity interest in, and consolidate the majority of, the properties
in our owned real estate portfolio. These properties represent the consolidated
real estate holdings in our financial statements, or consolidated properties.
In addition, we have an equity interest in, but do not consolidate, certain
properties that are accounted for under the equity method. These properties
represent the investment in unconsolidated real estate partnerships in our financial
statements, or unconsolidated properties. Additionally, we manage (both property
and asset) but do not own an equity interest in other properties, although in
certain cases we may indirectly own generally less than one percent of the operations
of such properties through a partnership syndication or other fund.
Property Operations: Conventional and Aimco Capital
Our property operations are divided into two business components: conventional
and affordable. Our conventional operations, which typically are market-rate
apartments with rents paid by the resident, include 632 properties and 178,397
units. Our affordable operations, which typically are apartments with rents
set by a government agency and frequently subsidized or paid by a government
agency, include 488 properties with 58,598 units organized under Aimco Capital.
Our property operations are characterized by diversification of product, location
and price point. We operate a broad range of property types, from suburban garden-style
to urban high-rise properties in 47 states, the District of Columbia and Puerto
Rico at a broad range of average monthly rental rates, with most between $500
and $1,200 per month, and reaching as much as $2,900 per month at some of our
premier properties. This geographic diversification insulates us, to some degree,
from inevitable downturns in any one market.
Company Address: 4582 South Ulster Street Denver 80237 CO
Company Phone Number: 224-7900 Stock Exchange / Ticker: NYSE AIV
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| Stock Performances by Major Competitors |
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| Apartment Investment And Management Company
The stock market has always been a subject of great interest for investors and financial enthusiasts. It provides opportunities for growth, profit, and excitement. Investors are constantly looking for companies that show promising growth potential and solid financial performance. In this regard, Apartment Investment And Management Company (Aimco) has been a prominent player in the real estate investment industry.
For the financial period closing September 30, 2023, Aimco reported a decrease in losses per share from $0.19 to $-0.02 compared to a year ago. This indicates that the company has made significant progress in managing its expenses and improving its profitability. Additionally, the revenue grew slightly by 0.038% to $47.70 million from $47.68 million in the similar quarter a year ago.
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| Apartment Investment And Management Company
Apartment Investment And Management Company, also known as AIV, has faced some challenges in the fiscal interval ending June 30, 2023. The company experienced lower orders, which led to a decrease in revenue and a larger deficit. The deficit expanded to $-0.02 per share, while revenue dropped by -9.908% to $45.67 million year on year.
Compared to the rest of the Real Estate Investment Trusts industry, AIV faced a decline in revenue while others recorded a top-line improvement in the second quarter of 2023. In the preceding quarter, the company realized revenue of $44.27 million and a bottom line of $-0.06 per share.
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| Apartment Investment And Management Company
Apartment Investment And Management Company (AIMCO) is a real estate investment trust that specializes in the development, acquisition, and management of apartment communities across the United States. AIMCO recently released its financial results for the interval ending March 31, 2023, and they paint a mixed picture for the company.
The first thing to note is that there has been a significant decline in revenue for AIMCO from the previous year's quarter, with a decrease of around 11.5%. The revenue earned for this interval was $44.27 million. However, sequentially, there was an increase of approximately 5.5% from the previous quarter, where revenue earned was $41.97 million.
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| Per Share |
Current |
| Earnings (TTM) |
-0.76 $ |
| Revenues (TTM) |
1.54 $
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| Cash Flow (TTM) |
- |
| Cash |
0.36 $
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| Book Value |
1.14 $
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| Dividend (TTM) |
0.64 $ |
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| Per Share |
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| Earnings (TTM) |
-0.76 $
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| Revenues (TTM) |
1.54 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.36 $
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| Book Value |
1.14 $ |
| Dividend (TTM) |
0.64 $ |
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| Reconciling Items |
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 3.95 % |
of total Revenue |
| Corporate Non-Segment |
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15.39 % |
of total Revenue |
| Development and Redevelopment |
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9.95 % |
of total Revenue |
| Portfolio Segment |
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67.95 % |
of total Revenue |
| Other |
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2.76 % |
of total Revenue |
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On February 22 2024 the Apartment Investment And Management provided following guidance
lder value.
For the fourth quarter of 2023, Aimco reported strong financial results, with net income increasing by 10% compared to the same period in the previous year. Our funds from operations (FFO) also saw a healthy growth of 8%, demonstrating the resilience of our portfolio and the effectiveness of our operational strategies.
Looking ahead to 2024, Aimco is optimistic about the opportunities in the multifamily real estate market. We have established guidance for the year, expecting FFO to grow between 5% and 7% compared to 2023. This growth will be driven by a combination of strong rental demand, effective cost management, and strategic capital allocation.
In terms of recent and pla...
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