Apartment Investment and Management Company AIV
- Market cap
- $315.2M
- P/E
- 0.6×
Follow AIV
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.66 | 5.58 | 5.06 | 5.61 | 3.27 | 4.50 | 5.22 | 5.63 | 7.06 | 5.24 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
||
| 6.39 | 6.25 | 6.35 | 7.40 | 7.42 | 8.16 | 9.79 | 8.93 | 9.49 | 9.29 |
High Price
|
|||
| 1,456 | 1,350 | 1,050 | 950 | 52 | 62 | 62 | 61 | 58 | 50 |
Employees
|
|||
| 1 | 1 | 0 | 0 | 3 | 3 | 3 | 2 | 2 | 3 |
Revenue/Emp
|
|||
| 996 | 1,005 | 132 | 144 | 151 | 170 | 190 | 120 | 138 | 138 |
Revenue
|
|||
| 64.36% | 64.73% | 59.48% | 59.96% | 59.38% | 60.19% | 62.28% | 56.93% | 50.56% | 50.64% |
Gross Margin
|
|||
| 464 | 316 | 4 | (3) | (16) | (19) | 109 | (194) | (135) | (16) |
EBT
|
|||
| 46.64% | 31.45% | 2.78% | (2.22%) | (10.51%) | (10.92%) | 57.49% | (161.42%) | (98.21%) | (11.44%) |
EBT Margin
|
|||
| 483 | 347 | 3 | 0 | (6) | (5) | 92 | (157) | (96) | 593 |
Net Income
|
|||
| 338 | 372 | 50 | 64 | 78 | 86 | 162 | 58 | 77 | 58 |
Depreciation
|
|||
| 8.15 | 8.21 | 0.89 | 0.97 | 1.02 | 1.14 | 1.27 | 0.84 | 0.99 | 1.00 |
Revenue/Sh
|
|||
| 3.42 | 2.50 | 0.02 | 3.91 | (0.03) | (0.04) | 0.50 | (1.16) | (0.75) | 3.95 |
Earnings/Sh
|
|||
| 3.08 | 3.20 | 0.36 | 0.39 | 0.32 | 0.08 | 1.37 | 0.35 | 0.34 | 0.06 |
Cash Flow/Sh
|
|||
| (0.83) | 0.19 | (0.25) | (0.91) | (0.89) | (1.66) | (0.71) | (1.86) | 0.19 | 6.32 |
Capex/Sh
|
|||
| 2.25 | 3.39 | 0.11 | (0.52) | (0.57) | (1.57) | 0.65 | (1.51) | 0.53 | 6.37 |
Free CF/Sh
|
|||
| 15.92 | 13.52 | 11.87 | 3.46 | 3.76 | 3.76 | 4.19 | 2.92 | 1.22 | 2.85 |
Book Value/Sh
|
|||
| 122 | 122 | 149 | 149 | 149 | 149 | 149 | 144 | 138 | 138 |
Shares
|
|||
| 1.75 | 2.31 | 1.09 | 1.74 | 0.00 | 0.00 | 14.79 | 0.00 | 0.00 | 1.52 |
PE Ratio
|
|||
| 0.73 | 0.71 | 6.58 | 7.12 | 5.18 | 6.79 | 5.57 | 9.38 | 9.14 | 5.93 |
PS Ratio
|
|||
| 0.40 | 0.46 | 0.53 | 1.99 | 1.40 | 2.05 | 1.70 | 2.68 | 7.43 | 2.08 |
PB Ratio
|
|||
| 4.50 | 4.63 | 36.86 | 10.48 | 6.16 | 9.16 | 9.87 | 17.79 | 13.93 | 8.33 |
EV/Sales
|
|||
| 16.33 | 11.20 | 311.47 | (19.48) | (11.12) | (6.63) | 19.28 | (9.83) | 26.21 | 1.31 |
EV/FCF
|
|||
| 377 | 392 | 53 | 58 | 48 | 13 | 204 | 50 | 47 | 8 |
Op' Cash Flow
|
|||
| (102) | 24 | (38) | (135) | (132) | (247) | (107) | (267) | 26 | 874 |
Capex
|
|||
| 275 | 416 | 16 | (77) | (84) | (235) | 97 | (217) | 73 | 882 |
FCF
|
|||
| (150) | (90) | (154) | (91) | (269) | (349) | 162 | 76 | 134 | 363 |
Working Cap'
|
|||
| 3,885 | 4,089 | 4,076 | 493 | 448 | 647 | 1,048 | 1,148 | 830 | 739 |
Total Debt
|
|||
| 3,753 | 3,946 | 4,003 | 483 | 149 | 402 | 818 | 1,008 | 659 | 332 |
Net Debt
|
|||
| 1,945 | 1,656 | 1,764 | 514 | 559 | 562 | 625 | 420 | 169 | 395 |
Sh' Equity
|
|||
| 6.76% | 4.98% | 0.05% | 0.01% | (0.33%) | (0.28%) | 3.28% | (7.78%) | (5.06%) | 30.50% |
ROA
|
|||
| 2.71% | 2.16% | 0.25% | 0.94% | (1.27%) | (1.01%) | (3.47%) | (0.99%) | (3.05%) | (14.59%) |
ROIC
|
|||
| 24.40% | 18.32% | 0.20% | 0.03% | (0.94%) | (1.05%) | 12.75% | (31.80%) | (34.77%) | 196.47% |
ROE
|
|||
Apartment Investment and Management Company peers in Reit Residential
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BRT BRT Apartments Corp. | $257.5M | 0.0× | Compare |
| NXRT NexPoint Residential Trust, Inc. | $517.7M | 0.0× | Compare |
| ELME Elme Communities | $151.1M | 0.0× | Compare |
| CSR Centerspace | $975.4M | 42.9× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| BHM Bluerock Homes Trust, Inc. | $93.3M | 0.0× | Compare |
| UMH UMH Properties, Inc. | $1.3B | 128× | Compare |
| CLPR Clipper Realty Inc. | $55.1M | 0.0× | Compare |
| IRT Independence Realty Trust, Inc. | $3.5B | 79.3× | Compare |
Apartment Investment and Management Company (AIV) key facts
- Apartment Investment and Management Company (AIV) is a Reit Residential company in the Real Estate sector, listed on the New York Stock Exchange.
- As of September 25, 2026, AIV traded at $2.18, a market capitalization of $315.2 million.
- Return on equity was 196.5% and debt-to-equity 1.87.
Apartment Investment and Management Company (AIV) Latest News
30 Apr
Aimco (AIV) declares a $1.30 per share partial liquidating distribution. Partial liquidating distribution of $1.30 per share represents a major capital return event that significantly alters AIV's structure and investor expectations.
30 Mar
Aimco provides update on liquidation activities, detailing progress in selling properties and distributing proceeds to shareholders as part of its plan to fully liquidate by year-end. Liquidation activities will dissolve the company, distributing all assets to shareholders and ending its operations.
2 Mar
Aimco reported fourth quarter 2025 results, recent highlights, and updates related to its plan of sale and liquidation. Updates on the plan of sale and liquidation signal the company's impending dissolution, fundamentally redefining its future prospects.
Apartment Investment and Management Company (AIV) released its Q4 earnings snapshot. Q4 earnings snapshot reveals key financial metrics influencing AIV's market performance and investor outlook.
9 Feb
Apartment Investment and Management Company (Aimco) has declared an initial liquidating distribution to shareholders as part of its ongoing liquidation process. The company also provided updates on pending transactions, including the sale of certain properties and the expected timeline for completing these transactions. Aimco's management emphasized their commitment to maximizing shareholder value during this transition period. The declaration of a liquidating distribution and updates on significant transactions indicate a strategic shift that could significantly impact the company's future and investor sentiment.
9 Jan
Apartment Investment and Management Company (AIV) is moving towards liquidation as it faces significant financial challenges and operational restructuring. The company has announced plans to sell its assets and wind down operations, citing a need to address mounting debts and declining market conditions. This decision marks a pivotal shift in AIV's strategy, impacting its stakeholders and the broader real estate market. The decision to liquidate fundamentally alters AIV's competitive position and long-term prospects.
5 Jan
Apartment Investment and Management Company (Aimco) has filed a proxy statement and scheduled a special meeting for stockholders to approve a plan for the sale and liquidation of the company. This move is part of Aimco's strategy to maximize shareholder value amid changing market conditions. The decision to pursue a sale and liquidation represents a significant strategic shift that could greatly impact the company's future and investor sentiment.
23 Dec
Apartment Investment and Management Company (Aimco) has completed the sale of its Brickell Assemblage property and has entered into an agreement to sell two additional properties. These transactions are part of Aimco's strategy to optimize its portfolio and focus on high-growth markets. The sales represent significant strategic moves that could enhance Aimco's market positioning and financial performance.
15 Dec
Apartment Investment and Management Company (Aimco) has entered into an agreement to sell its Chicago apartment portfolio for $455 million, with the closing scheduled for the first quarter of 2026. The sale of a significant asset is likely to impact Aimco's financial performance and strategic direction.
10 Nov
Aimco has completed its strategic review process and reported its third quarter 2025 results, highlighting key financial metrics and operational updates. The company is focusing on enhancing shareholder value and optimizing its portfolio. Recent developments indicate a commitment to strategic growth and improved performance in the multifamily housing sector. The conclusion of the strategic review and the reported results suggest significant strategic moves that could alter the company's trajectory and investor sentiment.
Apartment Investment and Management Company (AIV) reported its Q3 earnings, highlighting key financial metrics and operational performance. The company showed growth in rental income and occupancy rates, reflecting a positive trend in its portfolio management. However, challenges in the broader market and rising interest rates were noted as potential headwinds. Overall, the earnings report indicates a stable outlook for AIV amidst varying market conditions. Moderate growth in rental income and occupancy rates suggests a balanced impact on financial performance.
15 Sep
Aimco has successfully completed the sale of four suburban Boston properties, marking a strategic move to optimize its portfolio. Following this transaction, the company announced a special dividend for shareholders, reflecting its commitment to returning value. The sale aligns with Aimco's ongoing strategy to focus on high-quality assets and enhance its financial position. The sale of significant assets and the announcement of a special dividend indicate a strategic shift that could enhance Aimco's financial stability and investor sentiment.
8 Sep
Bell Partners has appointed Sparkle Mixson as Senior Vice President of Customer Experience and Marketing. Mixson brings extensive experience in customer engagement and marketing strategies, aiming to enhance Bell Partners' service offerings and brand presence in the multifamily housing sector. This strategic hire is expected to strengthen the company's focus on customer satisfaction and innovative marketing approaches. The appointment of a senior executive focused on customer experience and marketing may moderately influence the company's competitive positioning and operational effectiveness.
4 Sep
Apartment Investment and Management Company (AIV) is positioned for growth due to favorable market conditions, including increasing demand for rental properties and a strong economic recovery. The company is focusing on strategic acquisitions and enhancing its portfolio to capitalize on these trends. Analysts suggest that AIV's proactive management and investment strategies could lead to significant returns for investors in the coming years. Strategic acquisitions and market demand are likely to significantly influence AIV's future performance and investor sentiment.
11 Aug
Apartment Investment and Management Company (AIV) reported its second quarter 2025 results, highlighting key financial metrics and operational achievements. The company demonstrated growth in revenue and occupancy rates, alongside strategic initiatives aimed at enhancing portfolio performance. Recent developments include investments in property upgrades and sustainability efforts, positioning Aimco for future growth in a competitive market. Significant strategic initiatives and operational improvements are likely to enhance future performance and investor sentiment.
Apartment Investment and Management Company (AIV) reported its Q2 earnings, highlighting key financial metrics and operational performance. The company experienced fluctuations in revenue and occupancy rates, reflecting broader market trends. Management provided insights into strategic initiatives aimed at enhancing portfolio performance and addressing challenges in the current economic environment. Fluctuations in revenue and occupancy rates may moderately influence AIV's financial performance and market positioning.
6 Aug
Apartment Investment and Management Company (Aimco) has entered into an agreement to sell its suburban Boston apartment portfolio for $740 million. Additionally, the company remains under contract to sell the Brickell Assemblage in Miami for $520 million. The sales of significant property portfolios indicate a strategic shift that could significantly impact Aimco's financial performance and market positioning.
Harbor Group International's affiliate has reached an agreement to acquire a multifamily portfolio consisting of five properties located across New England. This acquisition is part of a strategic move to expand its presence in the region's multifamily housing market, which has shown resilience and growth potential. The acquisition of a multifamily portfolio may moderately influence AIV's financial performance and competitive positioning in the market.
14 Jul
Bell Partners has appointed Sarah C. Young as Chief Financial Officer, succeeding John Tomlinson, who will retire on August 22, 2025. Young, with 17 years of industry experience, previously served as CFO at Quarterra Group and will oversee accounting, finance, tax, and risk management at Bell Partners. Tomlinson will remain as an advisor until the end of 2025 to ensure a smooth transition. Young's expertise in real estate investment and risk management is expected to support the company's long-term objectives. The leadership change may moderately influence Bell Partners' financial performance and strategic direction.
8 Jul
Apartment Investment and Management Company (AIV) has shifted its focus from income generation to real estate development, aiming to create value through construction and redevelopment. The company plans to invest $648 million in over 1,000 new apartment units, targeting a net operating income (NOI) yield of 6.8%. Aimco's strategy is supported by a solid balance sheet, despite showing indicators of loss. However, execution risks remain high due to potential construction delays and market concentration in cities like Boston and Chicago. The valuation is speculative, hinging on future net asset value (NAV) growth, with significant upside potential if development projects succeed. The company's strategic shift towards development and its substantial project pipeline could significantly alter its future performance and investor sentiment.
5 Jun
Aimco Pesticides Ltd reported its Q4 2025 earnings, highlighting strategies for growth amidst challenging market conditions. The company emphasized its focus on operational efficiency and innovation to navigate economic uncertainties. Key financial metrics showed resilience, with a slight increase in revenue and a commitment to sustainable practices. Management outlined future initiatives aimed at enhancing shareholder value and expanding market presence. Moderate influence expected due to strategic initiatives and financial performance improvements.
29 May
Apartment Investment and Management Company (AIV) is trading at a significant discount to its estimated net asset value (NAV), with a recent share price of approximately $7.30 reflecting an ~85% upside to a conservative NAV estimate of $13–14 per share. The company owns a high-quality portfolio of multifamily assets in supply-constrained markets, supported by strong operating metrics. Recent developments are leasing ahead of expectations, and a pending $520 million sale in Miami is expected to generate over $300 million in net proceeds, with management committed to returning funds to shareholders. A strategic review process may lead to further asset monetization or a sale, presenting attractive risk-reward dynamics for investors over the next 12–36 months. Pending asset sales and strategic reviews are likely to significantly impact AIV's future performance and investor sentiment.
8 May
Apartment Investment and Management Company (Aimco) reported a net loss of $(0.10) per share for Q1 2025, with a 2.7% year-over-year increase in Net Operating Income (NOI) to $25.1 million. Average revenue per home exceeded $2,300, and occupancy remained strong at over 97%. Aimco completed the lease-up of a luxury rental community in California and is on track with two new apartment communities in Washington, D.C. The company is also developing an ultra-luxury tower in Miami. Aimco returned $0.60 per share to stockholders as a special dividend and is in the process of selling its Brickell Assemblage for $520 million. The balance sheet remains strong, with ample liquidity and no debt maturing before June 2027. Significant strategic moves, including asset sales and development projects, are likely to impact future performance.
Apartment Investment and Management Company (AIV) reported its Q1 earnings, highlighting key financial metrics and performance indicators. The company showed growth in rental income and occupancy rates, reflecting a positive trend in the multifamily housing market. Management provided insights into strategic initiatives aimed at enhancing operational efficiency and tenant satisfaction. Overall, the earnings report indicates a stable outlook for AIV amidst evolving market conditions. The earnings report reflects moderate growth and operational improvements that may influence financial performance but are balanced by market conditions.
4 Mar
Veris Residential plans to sell $300 million to $500 million in assets over the next 12 to 24 months, primarily from its land bank and select multifamily properties. Proceeds will fund a $100 million share repurchase program and repay debt, aiming for leverage below 9.0x net EBITDA. In 2024, Veris sold $230 million in non-strategic assets and refinanced $526 million in mortgages, with no debt maturities until 2026. CEO Mahbod Nia noted the company's intrinsic value is not reflected in its share price, prompting asset sales and stock repurchases to close this valuation gap. Analysts estimate Veris trades at a 28% discount to net asset value, suggesting potential for improved shareholder value through strategic asset management. The planned asset sales and share repurchase program may moderately influence Veris Residential's financial performance and market sentiment.
24 Feb
Apartment Investment and Management Company (Aimco) reported a net loss of $(0.08) per share for Q4 2024 and $(0.75) for the full year. Net Operating Income (NOI) from Stabilized Operating Properties increased by 4.5% year-over-year, reaching $25.9 million in Q4 and $99 million for the year. Aimco plans to return approximately $90 million from asset sales to stockholders as a special dividend. The company anticipates revenue growth of 2.5% to 3.5% in 2025, with expenses expected to rise by 5.0% to 6.0%. Aimco is exploring strategic alternatives to enhance stockholder value, including potential asset sales and a review of its portfolio. The company has no debt maturities before June 2027 and aims to maintain a strong balance sheet. Significant strategic moves and asset sales are expected to alter Aimco's trajectory and investor sentiment.
Apartment Investment and Management Co. (AIV) reported a loss of $9.8 million in Q4, translating to a loss of 8 cents per share, with revenue of $54.2 million. For the year, the loss narrowed to $102.5 million, or 75 cents per share, on revenue of $208.7 million. The company expects full-year earnings between $1.50 and $1.60 per share. AIV shares have dropped about 2% year-to-date, while the S&P 500 has increased nearly 2%. However, shares have risen 17% over the past 12 months, closing at $8.93 on Monday. The reported losses and revenue figures indicate ongoing financial challenges that could moderately influence market sentiment and future performance.
21 Feb
Elme Communities, a multifamily real estate investment trust, is reportedly exploring a potential sale, which could attract interest from various buyers. The company has been under pressure due to rising interest rates and a challenging market environment, prompting discussions about its future. Analysts suggest that a sale could provide a strategic exit for current investors and reshape the competitive landscape in the multifamily sector. A potential sale of Elme Communities could significantly impact AIV's market positioning and investor sentiment in the multifamily sector.
13 Feb
AIMCo has closed its international offices in New York and Singapore following a major management shakeup that included the appointment of Stephen Harper as chair. The decision aims to realign resources and reduce operational costs after rising expenses and disappointing returns led to government dissatisfaction. Two senior investment managers have also left the company, including David Scudellari, who was brought in to enhance private credit investments. AIMCo now operates five offices: Edmonton, Calgary, Toronto, London, and Luxembourg. The closure of international offices and management changes indicate a significant strategic shift that could impact AIMCo's future performance and investor sentiment.
13 Jan
Apartment Investment and Management Company (Aimco) has opened discussions regarding a potential sale or merger, signaling a strategic shift in its operations. This move comes as the company seeks to enhance its market position and shareholder value amid evolving industry dynamics. Aimco's board is exploring various options, indicating a proactive approach to adapt to market conditions and maximize opportunities for growth. A potential sale or merger could significantly alter Aimco's strategic direction and market positioning.