Apartment Income REIT Corp. (AIRC)

NYSE: AIRC · IEX Real-Time Price · USD
51.54 -0.16 (-0.31%)
Jan 25, 2022 4:00 PM EST - Market closed
Market Cap8.09B
Revenue (ttm)724.47M
Net Income (ttm)-63.89M
Shares Out156.98M
EPS (ttm)-0.35
PE Ration/a
Forward PE101.01
Dividend$1.74 (3.38%)
Ex-Dividend DateNov 10, 2021
Volume505,036
Open51.05
Previous Close51.70
Day's Range50.40 - 51.92
52-Week Range37.51 - 55.53
Beta0.54
AnalystsBuy
Price Target58.30 (+13.1%)
Earnings DateFeb 9, 2022

About AIRC

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. AIR is one of the country's largest owners and operators of apartments, with 99 communities in 12 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC, and are included in the S&P 400. For more information about AIR, please visit our website at www.aircommunities.com.

IndustryEquity Real Estate Investment Trusts (REITs)
Founded2020
Employees900
Stock ExchangeNYSE
Ticker SymbolAIRC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for AIRC stock is "Buy." The 12-month stock price forecast is 58.30, which is an increase of 13.12% from the latest price.

Price Target
$58.30
(13.12% upside)
Analyst Consensus: Buy

News

Apartment Income REIT Corp. Announces Dates for Fourth Quarter 2021 Earnings Release and Conference Call

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) will release Fourth Quarter 2021 earnings on Wednesday, February 9, 2022, after the market closes. The Fourth Quarter 2021 earni...

1 week ago - Business Wire

3 Top Inflation-Proof Stocks to Add to Your Portfolio

Apartment Income REIT (AIRC), Coty (COTY) and US Gold (USAU) at present are the three best stocks to invest in as prices increase across many sectors, including food, gas and housing.

Other symbols:COTYUSAU
1 month ago - Zacks Investment Research

AIR Communities Publishes Corporate Responsibility Report

Denver, CO, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Apartment Income REIT (known as AIR Communities) today announced the publication of its 2020 Corporate Responsibility Report. The annual report demonstrates...

2 months ago - GlobeNewsWire

AIR Reports Third Quarter 2021 Results, Raises Full Year FFO Guidance, and Announces $1.7B of Property Sales Closed, ...

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) announced today third quarter results for 2021; an increase to full year Same Store Revenue, NOI, and FFO guidance; $1.7 billion...

2 months ago - Business Wire

Apartment Income REIT Corp. Announces Quarterly Common Dividend of $0.44 Per Share

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.44 per share of Class A Common Stock for th...

2 months ago - Business Wire

3 Top REITs to Buy as Inflation Hits a 13-Year High

The burst of inflation this year makes investing in REITs even more compelling. Notable among them are American Homes 4 Rent (AMH), MidAmerica Apartment Communities (MAA) & Apartment Income REIT (AIRC).

Other symbols:AMHMAA
3 months ago - Zacks Investment Research

Apartment Income REIT Corp. Announces Dates for Third Quarter 2021 Earnings Release and Conference Call

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) will release Third Quarter 2021 earnings on Thursday, October 28, 2021, after the market closes. The Third Quarter 2021 earnings...

3 months ago - Business Wire

Why Apartment Income (AIRC) Stock Might be a Great Pick

Apartment Income (AIRC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

3 months ago - Zacks Investment Research

7 Spinoff Stocks to Buy That Are Set to Outperform Their Parents

Companies often spin off pieces of their businesses into independent entities. Many of these spinoff stocks to buy have benefited from the distance.

Other symbols:CGNTGXOIFFVMEOVTRS
4 months ago - InvestorPlace

Nuveen's Carly Tripp on housing market: Price gains strong, but no bubble

Carly Tripp, Nuveen Real Estate global chief investment officer and head of investments, joins 'Closing Bell' to discuss if the housing market is showing signs of a bubble.

Other symbols:AMHAVBESS
4 months ago - CNBC Television

How Apartment Income (AIRC) Stock Stands Out in a Strong Industry

Apartment Income (AIRC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

4 months ago - Zacks Investment Research

AIR Announces Nominations of Three New Independent Directors

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp., known as AIR Communities (NYSE: AIRC) (“AIR” or the “Company”), announced today that its Board of Directors has nominated three experienced and exce...

5 months ago - Business Wire

AIR Reports Second Quarter 2021 Results – Full Year FFO Guidance Increased by 5%; Quarterly Dividend Raised by 2%

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) announced today second quarter results for 2021 and an increase to full year Same Store Revenue, NOI and FFO guidance. Chief Exe...

5 months ago - Business Wire

Apartment Income REIT Corp. Announces Dates for Second Quarter 2021 Earnings Release and Conference Call

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) will release Second Quarter 2021 earnings on Thursday, July 29, 2021, after the market closes. The Second Quarter 2021 earnings ...

6 months ago - Business Wire

These 3 REIT Dividends Benefit From Inflation

Unlike the broader market, REITs (real estate investment trusts) haven't been messing around this year.

Other symbols:VNQWPC
6 months ago - Forbes

AIR Reports First Quarter 2021 Results

DENVER--(BUSINESS WIRE)--AIR Reports First Quarter 2021 Results

8 months ago - Business Wire

Apartment Income REIT Corp. Announces Quarterly Common Dividend of $0.43 Per Share

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.43 per share of Class A Common Stock for th...

8 months ago - Business Wire

Conor Wagner Resigns as Chief Investment Officer

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC), announced today that Conor Wagner has resigned as Senior Vice President and Chief Investment Officer of AIR for an opportunity ...

8 months ago - Business Wire

Apartment Income REIT Corp. Announces Further Progress as “Best in Class” Apartment REIT

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) announced today that AIR continues to execute its plans to be a “best in class” apartment REIT. Tom Keltner, independent chairma...

8 months ago - Business Wire

Apartment Income REIT Corp. Announces Closing of $1.4 Billion Credit Facility, First Quarter 2021 Leasing Results, an...

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. announces closing of a new $1.4 billion credit facility, first quarter 2021 leasing results, and increased 2021 guidance

9 months ago - Business Wire

Apartment Income REIT Corp. Announces Dates for First Quarter 2021 Earnings Release and Conference Call

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corporation Announces First Quarter 2021 Earnings Release Date

9 months ago - Business Wire

Apartment Income REIT Corp (AIRC) Promotes Patti Shwayder to Chief Corporate Responsibility Officer

Denver, CO, March 25, 2021 (GLOBE NEWSWIRE) -- Apartment Income REIT Corp., known as AIR Communities, is pleased to announce that Patti Shwayder, formerly Senior Vice President of Strategic Partnerships...

10 months ago - GlobeNewsWire

Four Bargain Recovery Stocks Paying Between 4% And 10%

As we Americans reemerge from our homes, select “return to normal” dividend payers are poised to deliver big gains.

Other symbols:AMBRXGLPI
10 months ago - Forbes

Apartment Income REIT Corp. Announces Expected Taxability of 2021 Dividend

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (NYSE:AIRC) (“AIR”) was created to be the best and most efficient way to own multifamily real estate. AIR's simple and transparent business model, wi...

10 months ago - Business Wire

AIR Communities (AIRC) Announces 2020 Humberto Award Winner, Joe Tiernan

Philadelphia, PA, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Launched in 2015, the Humberto Award is bestowed annually and named for Humberto Rodriguez, a beloved teammate who tragically lost his life in service...

11 months ago - GlobeNewsWire