News headlines about Apartment Investment and Management (NYSE:AIV) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Apartment Investment and Management earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.264017798754 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s analysis:
- Analysts Expect Apartment Investment and Management Co (AIV) Will Announce Quarterly Sales of $244.20 Million (americanbankingnews.com)
- Is Apartment Investment and Management Company (NYSE:AIV) A Strong Dividend Stock? (finance.yahoo.com)
- Apartment Investment and Management (AIV) Stock Rating Reaffirmed by SunTrust Banks (americanbankingnews.com)
- Apartment Investment and Management Co (AIV) Expected to Post Earnings of $0.62 Per Share (americanbankingnews.com)
- Aimco Announces Dates for Second Quarter 2018 Earnings Release and Conference Call (finance.yahoo.com)
Apartment Investment and Management opened at $41.82 on Thursday, Marketbeat Ratings reports. Apartment Investment and Management has a fifty-two week low of $37.97 and a fifty-two week high of $46.72. The company has a debt-to-equity ratio of 2.77, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market cap of $6.66 billion, a P/E ratio of 17.07, a PEG ratio of 3.68 and a beta of 0.42.
Apartment Investment and Management (NYSE:AIV) last posted its quarterly earnings results on Monday, May 7th. The real estate investment trust reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.08). Apartment Investment and Management had a return on equity of 26.79% and a net margin of 38.11%. The firm had revenue of $247.72 million for the quarter, compared to analyst estimates of $240.46 million. During the same period last year, the company posted $0.58 earnings per share. The firm’s quarterly revenue was up .5% compared to the same quarter last year. equities research analysts forecast that Apartment Investment and Management will post 2.44 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, May 31st. Investors of record on Friday, May 18th were paid a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date of this dividend was Thursday, May 17th. Apartment Investment and Management’s dividend payout ratio (DPR) is currently 62.04%.
Several brokerages recently commented on AIV. SunTrust Banks restated a “buy” rating and set a $45.00 target price on shares of Apartment Investment and Management in a research report on Wednesday. Zacks Investment Research lowered Apartment Investment and Management from a “hold” rating to a “sell” rating in a research report on Monday. Jefferies Financial Group began coverage on Apartment Investment and Management in a research report on Monday, June 11th. They set a “hold” rating and a $40.00 target price on the stock. Bank of America upped their target price on Apartment Investment and Management from $47.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday, June 8th. Finally, ValuEngine upgraded Apartment Investment and Management from a “sell” rating to a “hold” rating in a research report on Thursday, May 31st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $46.08.
In related news, Director Kathleen M. Nelson sold 1,318 shares of the company’s stock in a transaction that occurred on Friday, May 11th. The stock was sold at an average price of $41.12, for a total transaction of $54,196.16. Following the transaction, the director now directly owns 43,782 shares of the company’s stock, valued at approximately $1,800,315.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.20% of the stock is currently owned by corporate insiders.
Apartment Investment and Management Company Profile
Aimco is a real estate investment trust focused on the ownership and management of quality apartment communities located in select markets in the United States. Aimco is one of the country's largest owners and operators of apartments, with ownership interests in 184 communities in 22 states and the District of Columbia.
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