Apartment Income REIT Corp. Forecasted to Post Q1 2025 Earnings of $0.61 Per Share (NYSE:AIRC)

Apartment Income REIT Corp. (NYSE:AIRC) – Research analysts at Wedbush issued their Q1 2025 earnings per share estimates for Apartment Income REIT in a report issued on Wednesday, April 10th. Wedbush analyst R. Anderson anticipates that the company will post earnings per share of $0.61 for the quarter. Wedbush has a “Neutral” rating and a $39.00 price target on the stock. The consensus estimate for Apartment Income REIT’s current full-year earnings is $2.38 per share. Wedbush also issued estimates for Apartment Income REIT’s Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $0.63 EPS and Q4 2025 earnings at $0.64 EPS.

A number of other equities analysts have also recently commented on the company. Truist Financial reduced their price target on Apartment Income REIT from $40.00 to $37.00 and set a “buy” rating for the company in a report on Tuesday, April 9th. Wolfe Research restated a “peer perform” rating on shares of Apartment Income REIT in a research report on Thursday. Raymond James downgraded shares of Apartment Income REIT from an “outperform” rating to a “market perform” rating in a research report on Monday, March 18th. The Goldman Sachs Group restated a “neutral” rating and set a $34.00 price objective on shares of Apartment Income REIT in a research report on Thursday, February 22nd. Finally, BMO Capital Markets restated a “market perform” rating and set a $39.12 price objective (up from $36.00) on shares of Apartment Income REIT in a research report on Tuesday, April 9th. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $36.59.

Apartment Income REIT Trading Down 0.2 %

Apartment Income REIT stock opened at $38.36 on Friday. Apartment Income REIT has a 52 week low of $28.22 and a 52 week high of $38.68. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.65 and a current ratio of 0.65. The stock has a market capitalization of $5.56 billion, a P/E ratio of 9.07 and a beta of 0.90. The stock has a 50-day simple moving average of $32.21 and a 200 day simple moving average of $32.13.

Institutional Trading of Apartment Income REIT

Several institutional investors have recently modified their holdings of AIRC. Invesco Ltd. lifted its holdings in Apartment Income REIT by 2.4% in the third quarter. Invesco Ltd. now owns 975,323 shares of the company’s stock valued at $29,942,000 after buying an additional 22,830 shares during the period. Wolverine Asset Management LLC lifted its holdings in Apartment Income REIT by 353.0% in the third quarter. Wolverine Asset Management LLC now owns 55,317 shares of the company’s stock valued at $1,698,000 after buying an additional 43,107 shares during the period. Capital Square LLC lifted its holdings in Apartment Income REIT by 6.9% in the fourth quarter. Capital Square LLC now owns 22,627 shares of the company’s stock valued at $786,000 after buying an additional 1,468 shares during the period. Treasurer of the State of North Carolina lifted its holdings in Apartment Income REIT by 0.5% in the third quarter. Treasurer of the State of North Carolina now owns 65,340 shares of the company’s stock valued at $2,006,000 after buying an additional 330 shares during the period. Finally, UBS Group AG lifted its holdings in Apartment Income REIT by 2.2% in the third quarter. UBS Group AG now owns 168,156 shares of the company’s stock valued at $5,162,000 after buying an additional 3,605 shares during the period. Institutional investors own 98.13% of the company’s stock.

Insiders Place Their Bets

In other Apartment Income REIT news, Director Thomas N. Bohjalian acquired 889 shares of Apartment Income REIT stock in a transaction that occurred on Wednesday, February 14th. The shares were bought at an average price of $31.50 per share, with a total value of $28,003.50. Following the completion of the purchase, the director now directly owns 20,000 shares in the company, valued at approximately $630,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.00% of the company’s stock.

Apartment Income REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 27th. Shareholders of record on Friday, February 16th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.69%. Apartment Income REIT’s payout ratio is presently 42.55%.

Apartment Income REIT Company Profile

Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (REIT). AIR's portfolio comprises 76 communities totaling 27,010 apartment homes located in 10 states and the District of Columbia. AIR offers a simple, predictable business model with focus on what we call the AIR Edge, the cumulative result of our focus on resident selection, satisfaction, and retention, as well as relentless innovation in delivering best-in-class property management.