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
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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.
Stock Chart
See in Advanced Graph ViewREITMovers
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.
Hightlights of Trading Day June 30, 2022
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 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%
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]
Annualized Dividend:
Dividend Yield (TTM):
Annualized Dividend (TTM):
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
- Aimco - Aimco Announces: The realization of $100M of value creation from the successful development of four properties leased from AIR Communities; the cancellation of the related $469M lease obligation; and the repayment of $534M debt owed to AIR. - Tue, 21 Jun 2022 20:42:23 UTC
- Aimco - Aimco Recognized as 2022 Healthiest Employer by National Publication - Fri, 03 Jun 2022 17:45:31 UTC
- Aimco - Aimco Provides Recent Highlights and First Quarter Financial Results - Mon, 09 May 2022 20:15:45 UTC
- Aimco - Aimco Announces First Quarter Earnings Date - Mon, 02 May 2022 20:16:15 UTC
- Aimco - Aimco Announces Fourth Quarter Earnings - Tue, 01 Mar 2022 21:30:42 UTC
Key Stats of Trading Day June 30, 2022
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
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
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
- #AIV is a small-cap with upside potential. - wolfman82 - 2021-03-24 11:16:13 - See full comment
- #AIV increased their recent dividends, and due to the company split and stock price drop, #AIV is showing a 67% dividend yield, but I wonder if they will continue to pay dividends going forward or what will be the new dividend value. I’m sure it wont be such a high dividend value like the last which means the dividend yield will also go back down significantly. - Rocco64 - 2020-12-22 22:57:55 - See full comment
- Wait what is #AIV new trading symbol? - Gekko5 - 2020-11-28 19:00:36 - See full comment
Properties Owned by AIV
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
| Year | Quarter | Title |
|---|---|---|
| 2022 | Q1 | Aimco Provides Recent Highlights and First Quarter Financial Results |
| 2021 | Q4 | AIMCO ANNOUNCES FOURTH QUARTER EARNINGS |
Financial Statements Overview
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.
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|---|---|---|---|---|---|
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| AvalonBay Communities, Inc. (AVB) | 8.3 | NYSE | Large-Cap | Residential | United States |
| UDR Inc. (UDR) | 8.5 | NYSE | Large-Cap | Residential | United States |
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Last updated: 2022-07-01 - v3.4