Apartment Income REIT Corp. (AIRC)
Jun 28, 2024 - AIRC was delisted (reason: acquired by Blackstone)
39.08
-0.01 (-0.03%)
Inactive · Last trade price on Jun 27, 2024
Apartment Income REIT Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Apartment Income REIT stock had an average target of 37.02, with a low estimate of 31 and a high estimate of 40.
Price Target: $37.02 (-5.27%)
Analyst Consensus: Hold
No price target forecast data available
* Price targets were last updated on Apr 11, 2024.
Analyst Ratings
The average analyst rating for Apartment Income REIT stock from 10 stock analysts was "Hold". This means that analysts believed this stock was likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 3 | 2 | 0 | 0 | 0 |
| Hold | 1 | 3 | 4 | 8 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 8 | 8 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy → Hold Downgrades $35 → $39 | Buy → Hold | Downgrades | $35 → $39 | -0.20% | Apr 11, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Apr 11, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $40 → $37 | Strong Buy | Maintains | $40 → $37 | -5.32% | Apr 9, 2024 |
| BMO Capital | BMO Capital | Buy → Hold Downgrades $36 → $39 | Buy → Hold | Downgrades | $36 → $39 | +0.10% | Apr 9, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Apr 8, 2024 |
Financial Forecast
Revenue This Year
815.32M
from 820.04M
Decreased by -0.58%
Revenue Next Year
843.07M
from 815.32M
Increased by 3.40%
EPS This Year
0.14
from 4.27
Decreased by -96.66%
EPS Next Year
0.10
from 0.14
Decreased by -28.57%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 841.1M | 880.0M | 934.1M | ||
| Avg | 815.3M | 843.1M | 878.5M | ||
| Low | 781.6M | 798.7M | 816.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.6% | 7.9% | 10.8% | ||
| Avg | -0.6% | 3.4% | 4.2% | ||
| Low | -4.7% | -2.0% | -3.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.15 | 0.25 | 0.32 | ||
| Avg | 0.14 | 0.10 | 0.17 | ||
| Low | 0.14 | -0.04 | 0.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -96.6% | 76.5% | 208.8% | ||
| Avg | -96.7% | -28.6% | 70.0% | ||
| Low | -96.8% | - | -61.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.