Apartment Investment & Management Co. (Aimco) | REIT Profile

Symbol: AIV
CIK: 922864
Exchange: NYSE
Founded: 1994 (28 years)
HQ: Denver, CO, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Residential

See AIV on Google Finance
See AIV on Yahoo Finance
See AIV on SEC.gov

Website Logo  Facebook Logo  Twitter Logo  Linkedin Logo  YouTube Logo  Pinterest Logo  Wikipedia Logo  RSS Logo 

About Apartment Investment & Management Co. (Aimco)

Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). Aimco, through its subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, holds the ownership interests in the Aimco Operating Partnership. It operates through two segments: conventional real estate and affordable real estate. As of December 31, 2016, its real estate portfolio consisted of 189 apartment communities with 46,311 apartment homes.


Apartment Investment & Management Co. (Aimco) Company Logo

Stock Chart

See in Advanced Graph View

REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Close Previous Close Volume Change $ Change % Market Cap PE Ratio 52W High 52W Low Ytd Change
$6.39 $6.49 $6.07 $6.12 $6.19 $6.19 1,394,443 $0.20 3.15% $974,882,858 -53.39 $8.16 $5.22 -16.67%

Last update: 2022-06-30 12:57:00 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 3.6

Hightlights of Trading Day June 30, 2022


Open Price: $6.12
Closing Price: $6.4
Price Change: 0.21 (3.393%)
Lowest Price: $6.07
Highest Price: $6.485
52-Week Low: $5.22
52-Week High: $8.16
52-Week Change: -7.75%
5 Day Price Change: 1.81%
1 Month Price Change: -3.28%
3 Month Price Change: -17.58%
6 Month Price Change: -20.03%
YTD Price Change: -19.82%
1 Year Price Change: -7.47%
2 Year Price Change: 29.67%
5 Year Price Change: 28.50%

Dividend of Trading Day June 30, 2022 [Dividends Currently Suspended]


Dividend Yield: N/A
Annualized Dividend: N/A
Dividend Yield (TTM): N/A
Annualized Dividend (TTM): N/A
Ex-Dividend Date: N/A
Dividend Frequency: Quarterly

REITBOT™ Alert
Dividends have been suspended for this REIT.


*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


See more news headlines for Apartment Investment & Management Co. (Aimco)

Key Stats of Trading Day June 30, 2022


Total Cash: $109,011,000
Current Debt: $114,761,000
Revenue: $180,026,000
Gross Profit: $180,026,000
Total Revenue: $180,026,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $79,688,000
Revenue Per Share: $1
Revenue Per Employee: N/A
Employee: 2,018
Debt to Equity Ratio (D/E): 5.08
Profit Margin: -0.10%
Enterprise Value (EV): $2,559,993,615
Enterprise Value to Revenue (EV/R): 14.22
Price to Sales (P/S): 5.25
Price to Book (P/B): 1.85
Price/Earnings-to-Growth (PEG) Ratio: 1.69
P/E Ratio: -53.51
P/E High: -94.55
P/E Low: -207.46
Forward P/E Ratio: 23.63
Market Capitalization: $977,173,107
Beta: N/A
Latest Volume: 1,636,042
Avg. Total Volume: 2,268,486
Avg. 10-Day Volume: 2,553,567
Avg. 30-Day Volume: 2,268,486
TTM EPS: -0.12
Shares Outstanding: 152,683,298
Float: N/A
50-Day Moving Avg.: $6.07
200-Day Moving Avg.: $6.81

Latest REIT Community Comments on #AIV


See more community comments related to AIV

Properties Owned by AIV


AIV Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $53.50 per share you would have been able to buy 18 shares of AIV on 2021-07-01 costing $963.00 @ $53.50 per share you would have been able to buy 9 shares of AIV on 2021-07-01 costing $481.50 @ $53.50 per share you would have been able to buy 4 shares of AIV on 2021-07-01 costing $214.00 @ $53.50 per share you would have been able to buy 1 shares of AIV on 2021-07-01 costing $53.50 @ $53.50 per share you would have been able to buy 0 shares of AIV on 2021-07-01 costing $0.00
Current worth On 2022-06-30 these 18 shares would be worth $115.20 @ $6.40 On 2022-06-30 these 9 shares would be worth $57.60 @ $6.40 On 2022-06-30 these 4 shares would be worth $25.60 @ $6.40 On 2022-06-30 these 1 shares would be worth $6.40 @ $6.40 On 2022-06-30 these 0 shares would be worth $0.00 @ $6.40
Dividends earned $0.00 in dividends would have been earned since 2021-07-01 with 18 shares. $0 in dividends would have been earned since 2021-07-01 with 9 shares. $0.00 in dividends would have been earned since 2021-07-01 with 4 shares. $0.00 in dividends would have been earned since 2021-07-01 with 1 shares. $0.00 in dividends would have been earned since 2021-07-01 with 9 shares.
Net (gain / loss)* -847.80 USD -423.90 USD -188.40 USD -47.10 USD 0.00 USD
ROI** -88.04% -88.04% -88.04% -88.04% nan%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History [Dividends Currently Suspended]


Below are the most recent cash dividends paid by AIV. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
AIV 2020-11-03 0.000 -100.00% 2020-10-23 2020-11-04 2020-11-30
AIV 2020-08-13 0.410 --- 2020-07-29 2020-08-14 2020-08-28
AIV 2020-05-14 0.410 --- 2020-04-29 2020-05-15 2020-05-29
AIV 2020-02-13 0.410 5.13% 2020-01-29 2020-02-14 2020-02-28
AIV 2019-11-14 0.390 --- 2019-10-30 2019-11-15 2019-11-29
AIV 2019-08-15 0.390 --- 2019-07-31 2019-08-16 2019-08-30
AIV 2019-05-16 0.390 -74.68% 2019-05-02 2019-05-17 2019-05-31
AIV [E] 2019-02-21 1.540 305.26% 2019-02-04 2019-02-22 2019-03-22
AIV 2018-11-15 0.380 --- 2018-10-31 2018-11-16 2018-11-30
AIV 2018-08-16 0.380 --- 2018-08-01 2018-08-17 2018-08-31
AIV 2018-05-17 0.380 --- 2018-05-02 2018-05-18 2018-05-31
AIV 2018-02-15 0.380 5.56% 2018-01-31 2018-02-16 2018-02-28
AIV 2017-11-16 0.360 --- 2017-10-25 2017-11-17 2017-11-30
AIV 2017-08-16 0.360 --- 2017-07-26 2017-08-18 2017-08-31
AIV 2017-05-17 0.360 --- 2017-04-25 2017-05-19 2017-05-31
AIV 2017-02-15 0.360 9.09% 2017-01-31 2017-02-17 2017-02-28
AIV 2016-11-16 0.330 --- 2016-10-26 2016-11-18 2016-11-30
AIV 2016-08-17 0.330 --- 2016-07-28 2016-08-19 2016-08-31
AIV 2016-05-18 0.330 --- 2016-04-28 2016-05-20 2016-05-31
AIV 2016-02-17 0.330 10.00% 2016-01-26 2016-02-19 2016-02-29

Earnings Press Releases


Below are the Earnings Press Releases for AIV. To see the complete Earnings Report please visit the sec.gov.

Year Quarter Title
2022 Q1 Aimco Provides Recent Highlights and First Quarter Financial Results
2021 Q4 AIMCO ANNOUNCES FOURTH QUARTER EARNINGS

Financial Statements Overview


The next Earnings Report for AIV is 2022-08-09

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2022-03-31 2021-12-31 2021-09-30 2021-06-30
Current Cash 109,011,000 233,374,000 253,138,000 286,066,000
Receivables 41,494,000 45,338,000 0 0
Inventory 0 0 0 0
Current Assets 150,505,000 390,983,000 253,138,000 286,066,000
Current Assets (Other) 0 42,652,000 0 0
Short Term Investments 0 101,063,000 0 0
Long-term Investments 2,443,339,000 2,043,118,000 2,141,057,000 2,026,073,000
Property, Plant & Equipment Net 1,321,838,000 1,230,384,000 1,190,872,000 1,098,907,000
Goodwill 0 0 0 0
Intangible Assets 2,114,000 3,269,000 0 0
Other Assets 664,905,000 35,512,000 605,346,000 590,319,000
Net Tangible Assets 508,267,000 497,296,000 499,034,000 502,721,000
Total Assets 2,593,844,000 2,434,101,000 2,394,195,000 2,312,139,000
Accounts Payable 0 0 0 0
Liabilities (Other) 0 0 0 0
Current Liabilities (Other) 114,761,000 97,400,000 95,943,000 91,496,000
Total Current Liabilities 114,761,000 97,400,000 95,943,000 91,496,000
Current Long-term Debt 0 0 0 0
Long-term Debt 1,723,895,000 1,615,927,000 1,593,597,000 1,513,699,000
Total Liabilities 2,083,463,000 1,933,536,000 1,895,161,000 1,809,418,000
Minority Interest 108,836,000 95,462,000 65,799,000 62,678,000
Common Stock 149,790,000 150,078,000 149,762,000 149,166,000
Retained Earnings -14,571,000 -22,775,000 -21,377,000 -16,315,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 510,381,000 500,565,000 499,034,000 502,721,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2022-03-31 2021-12-31 2021-09-30 2021-06-30
Total Revenue 49,994,000 46,721,000 42,893,000 40,418,000
Cost of Revenue 0 0 0 0
Gross Profit 49,994,000 46,721,000 42,893,000 40,418,000
Research and Development 0 0 0 0
Selling General and Admin 9,472,000 10,589,000 8,868,000 7,383,000
Operating Expense 51,811,000 38,552,000 48,732,000 44,425,000
Operating Income -1,817,000 8,169,000 -5,839,000 -4,007,000
Income Expense Net (Other) -4,541,000 -5,066,000 1,785,000 2,918,000
EBIT -6,358,000 4,076,000 -4,054,000 -1,089,000
Interest Income 14,601,000 12,630,000 12,680,000 12,638,000
Pretax Income 6,056,000 -4,871,000 -6,867,000 -23,146,000
Income Tax -4,056,000 -3,689,000 -2,021,000 -2,760,000
Minority Interest 1,903,000 236,000 170,000 -696,000
Net Income 8,209,000 -1,418,000 -5,016,000 -19,690,000
Net Income Basic 8,209,000 -1,418,000 -5,016,000 -19,690,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2022-03-31 2021-12-31 2021-09-30 2021-06-30
Net Income 8,209,000 -1,418,000 -5,016,000 -19,690,000
Depreciation 23,118,000 21,647,000 21,709,000 20,639,000
Changes in Receivables 41,494,000 45,338,000 0 0
Changes in Inventories 0 0 0 0
Cash Change 109,011,000 233,374,000 253,138,000 286,066,000
Cash Flow 6,511,000 -9,499,000 5,619,000 14,142,000
Capital Expenditures -49,656,000 -42,954,000 -52,503,000 -50,694,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -111,448,000 -54,767,000 -114,592,000 -64,114,000
Dividends Paid 0 0 0 0
Net Borrowings 1,614,884,000 1,281,490,000 1,340,459,000 1,227,633,000
Cash Flow Financing 37,978,000 46,087,000 76,501,000 109,900,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.7
0 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.7
Rating AFFO & Efficiency Section Avg. Rating
7 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 7.0
7 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 7.4
Rating Leverage Section Avg. Rating
1 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 6.5
0 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 6.9
9 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.6
2 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
4 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 7.2
Rating Asset & Revenue Section Avg. Rating
1 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 7.5
0 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.9
Rating Properties Section Avg. Rating
9 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.5
10 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 8.2
10 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.1
Rating Market Cap Section Avg. Rating
2 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 3.8
3.6 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

Related REITs


REIT REITRating™ Score Exchange Market Capitalization Sector Country
Equity Residential (EQR) 8.2 NYSE Large-Cap Residential United States
Mid-America Apartment Communities, Inc. (MAA) 8.3 NYSE Large-Cap Residential United States
Essex Property Trust, Inc. (ESS) 7.9 NYSE Large-Cap Residential United States
AvalonBay Communities, Inc. (AVB) 8.3 NYSE Large-Cap Residential United States
UDR Inc. (UDR) 8.5 NYSE Large-Cap Residential United States
Independence Realty Trust, Inc. (IRT) 6.8 NYSE Mid-Cap Residential United States
American Homes 4 Rent (AMH) 8.3 NYSE Large-Cap Residential United States

Last updated: 2022-07-01 - v3.4