Apartment Income REIT Statistics
Total Valuation
AIRC has a market cap or net worth of $5.67 billion. The enterprise value is $8.90 billion.
| Market Cap | 5.67B |
| Enterprise Value | 8.90B |
Important Dates
The next estimated earnings date is Thursday, July 25, 2024, after market close.
| Earnings Date | Jul 25, 2024 |
| Ex-Dividend Date | Feb 15, 2024 |
Share Statistics
AIRC has 145.10 million shares outstanding. The number of shares has decreased by -2.86% in one year.
| Shares Outstanding | 145.10M |
| Shares Change (YoY) | -2.86% |
| Shares Change (QoQ) | -2.86% |
| Owned by Insiders (%) | 0.71% |
| Owned by Institutions (%) | 102.60% |
| Float | 143.83M |
Valuation Ratios
The trailing PE ratio is 9.11 and the forward PE ratio is 666.33. AIRC's PEG ratio is 839.32.
| PE Ratio | 9.11 |
| Forward PE | 666.33 |
| PS Ratio | 7.05 |
| Forward PS | 6.89 |
| PB Ratio | 2.49 |
| P/FCF Ratio | n/a |
| PEG Ratio | 839.32 |
Enterprise Valuation
| EV / Earnings | 13.93 |
| EV / Sales | 11.08 |
| EV / EBITDA | 8.11 |
| EV / EBIT | 11.55 |
| EV / FCF | n/a |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 1.47 |
| Debt / EBITDA | 3.05 |
| Debt / FCF | n/a |
| Interest Coverage | 5.99 |
Financial Efficiency
Return on equity (ROE) is 28.00% and return on invested capital (ROIC) is 2.60%.
| Return on Equity (ROE) | 28.00% |
| Return on Assets (ROA) | 10.20% |
| Return on Capital (ROIC) | 2.60% |
| Revenue Per Employee | $1.06M |
| Profits Per Employee | $841,225 |
| Employee Count | 760 |
| Asset Turnover | 0.13 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, AIRC has paid $2.61 million in taxes.
| Income Tax | 2.61M |
| Effective Tax Rate | 0.41% |
Stock Price Statistics
The stock price has increased by +11.37% in the last 52 weeks. The beta is 0.77, so AIRC's price volatility has been lower than the market average.
| Beta (5Y) | 0.77 |
| 52-Week Price Change | +11.37% |
| 50-Day Moving Average | 38.70 |
| 200-Day Moving Average | 33.83 |
| Relative Strength Index (RSI) | 77.48 |
| Average Volume (20 Days) | 3,747,642 |
Short Selling Information
The latest short interest is 6.69 million, so 4.61% of the outstanding shares have been sold short.
| Short Interest | 6.69M |
| Short Previous Month | 7.75M |
| Short % of Shares Out | 4.61% |
| Short % of Float | 4.65% |
| Short Ratio (days to cover) | 1.94 |
Income Statement
In the last 12 months, AIRC had revenue of $803.85 million and earned $639.33 million in profits. Earnings per share was $4.29.
| Revenue | 803.85M |
| Gross Profit | 535.73M |
| Operating Income | 147.07M |
| Pretax Income | 642.49M |
| Net Income | 639.33M |
| EBITDA | 1.10B |
| EBIT | 771.24M |
| Earnings Per Share (EPS) | $4.29 |
Balance Sheet
The company has $114.74 million in cash and $3.35 billion in debt, giving a net cash position of -$3.23 billion or -$22.29 per share.
| Cash & Cash Equivalents | 114.74M |
| Total Debt | 3.35B |
| Net Cash | -3.23B |
| Net Cash Per Share | -$22.29 |
| Equity (Book Value) | 2.28B |
| Book Value Per Share | 15.71 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $358.41 million and capital expenditures -$431.38 million, giving a free cash flow of -$72.97 million.
| Operating Cash Flow | 358.41M |
| Capital Expenditures | -431.38M |
| Free Cash Flow | -72.97M |
| FCF Per Share | -$0.51 |
Margins
Gross margin is 66.65%, with operating and profit margins of 18.30% and 79.53%.
| Gross Margin | 66.65% |
| Operating Margin | 18.30% |
| Pretax Margin | 79.93% |
| Profit Margin | 79.53% |
| EBITDA Margin | 136.58% |
| EBIT Margin | 95.94% |
| FCF Margin | -9.08% |
Dividends & Yields
This stock pays an annual dividend of $1.35, which amounts to a dividend yield of 3.45%.
| Dividend Per Share | $1.35 |
| Dividend Yield | 3.45% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 31.47% |
| Buyback Yield | 2.86% |
| Shareholder Yield | 6.32% |
| Earnings Yield | 11.27% |
| FCF Yield | -1.29% |
Analyst Forecast
The average price target for AIRC is $37.02, which is -5.27% lower than the current price. The consensus rating is "Hold".
| Price Target | $37.02 |
| Price Target Difference | -5.27% |
| Analyst Consensus | Hold |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | 2.60% |
| EPS Growth Forecast (5Y) | -34.89% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | Dec 1, 2020 |
| Split Type | n/a |
| Split Ratio | 1:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 6 |