AIRC Company Profile and Key Details

Short-term trend indicators are bearishly aligned (SMA20 0.55%, SMA50 1.02%, SMA200 15.65%). The stock’s 14-day RSI is 77.48 (overbought), while the ATR of 0.09 points to tighter daily ranges. The stock remains hovering near 52-week lows, trading -0.05% below its high and over 38.48% above its low.

Apartment Income REIT Corp. last paid a dividend of 1.8 per share, this equals a trailing yield of roughly 3.45%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$7.73. This means the shares are trading below this model’s fair value.

The latest quarter delivered EPS of $0.58. The next quarter is forecast at $0.03. Next year's EPS is expected at -$93.16. Apartment Income REIT Corp. earnings surprise history is a mixed track record. The quarter that ended July 25, 2024, missed forecasts by 1833.33%. The prior quarter beat by -107.78%. Over the last six quarters, Apple has recorded several small beats. These include -98.31% in July 27, 2023.

Apartment Income REIT Corp. has 145.10 million shares outstanding. The public float is 143.83 million shares, elevated short interest at 6.33% of float. This equals 6.69 million shares. The short ratio is 1.94 days. Institutional investors hold 103.33% of the float. Insiders own 0.71%. COHN LISA R holds 93.86 thousand shares, Beldin Paul has 53.73 thousand shares and NELSON KATHLEEN M. has 40.04 thousand shares.

Our AI price prediction model suggests that Apartment Income REIT Corp. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 0.49%, with price expected at $39.27 by July 11, 2024, within a range of $37.43 to $41.12 3-Month Outlook: Projected fall of -30.04%, reaching $27.34 by September 25, 2024, with a range of $25.14 to $29.15. 1-Year Outlook: Projected gain of 11.44%, with price at $43.55 by June 27, 2025, within a range of $42.21 to $44.75.

Apartment Income REIT Corp. (NYSE:AIRC) shares are up 12.53% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Apartment Income REIT Corp. trading at a premium to the broader market with a P/E of 9.1. Analyst sentiment is cautious, with the majority of ratings in Neutral territory and a mean price target of $42.75, suggesting 9.39% upside. Our AI forecast model points to short-term strength (0.49% over two weeks), a medium-term fall (-30.04% over three months), and a longer-term gain (11.44% over one year), with expected trading ranges indicating moderate volatility.

Apartment Income REIT Corp. (NYSE:AIRC) closed at $39.08 USD, losing -$0.01 (-0.03%) from the previous close of $39.09. The stock is currently trading near its 52-week high $28.22 and $39.10. With a market capitalization of about $5.67 billion, Apartment Income REIT Corp. is classified as a mid-cap and shows lower-than-market volatility (beta ~0.77). Key stats such as the average daily volume over the past year has been around 3.83 million shares, trading with heavier-than-usual volume. Headquartered in Denver, CO, Apartment Income REIT Corp. operates in the Real Estate sector and the REIT - Residential industry. Led by CEO Terry Considine, the company employs approximately 760 people and listed since December 15, 2020. AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States.

Apartment Income REIT Corp. trades at a P/E ratio of 9.1, slightly below the S&P 500 average, with a price-to-sales ratio of 6.92 and a price-to-book ratio of 2.46 suggesting the stock is closer to book value. The P/FCF stands at 14.62, also above market averages.