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Apartment Income REIT Corp
NYSE:AIRC

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Apartment Income REIT Corp Logo
Apartment Income REIT Corp
NYSE:AIRC
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Price: 38.35 USD 0.13% Market Closed
Updated: Apr 18, 2024

Intrinsic Value

Apartment Income REIT Corp. operates as a real estate investment trust, which owns and operates apartment communities. [ Read More ]

The intrinsic value of one AIRC stock under the Base Case scenario is 28.91 USD. Compared to the current market price of 38.35 USD, Apartment Income REIT Corp is Overvalued by 25%.

Key Points:
AIRC Intrinsic Value
Base Case
28.91 USD
Overvaluation 25%
Intrinsic Value
Price
Base Case Scenario

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Apartment Income REIT Corp

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Fundamental Analysis

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Apartment Income REIT Corp

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Financials

Balance Sheet Decomposition
Apartment Income REIT Corp

Current Assets 91.4m
Cash & Short-Term Investments 91.4m
Non-Current Assets 6B
Long-Term Investments 336.1m
PP&E 5.4B
Intangibles 32.3m
Other Non-Current Assets 310m
Current Liabilities 296.9m
Accrued Liabilities 296.9m
Non-Current Liabilities 3.5B
Long-Term Debt 3.2B
Other Non-Current Liabilities 275.6m
Efficiency

Earnings Waterfall
Apartment Income REIT Corp

Revenue
820m USD
Cost of Revenue
-275.8m USD
Gross Profit
544.2m USD
Operating Expenses
-394m USD
Operating Income
150.2m USD
Other Expenses
484.2m USD
Net Income
634.4m USD

Free Cash Flow Analysis
Apartment Income REIT Corp

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Fundamental Scores

AIRC Profitability Score
Profitability Due Diligence

Apartment Income REIT Corp's profitability score is 55/100. The higher the profitability score, the more profitable the company is.

Exceptional 3-Year Average ROE
Positive Gross Profit
Positive Net Income
Exceptional ROE
55/100
Profitability
Score

Apartment Income REIT Corp's profitability score is 55/100. The higher the profitability score, the more profitable the company is.

AIRC Solvency Score
Solvency Due Diligence

Apartment Income REIT Corp's solvency score is 20/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Average D/E
Short-Term Solvency
Positive Net Debt
20/100
Solvency
Score

Apartment Income REIT Corp's solvency score is 20/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

AIRC Price Targets Summary
Apartment Income REIT Corp

Wall Street analysts forecast AIRC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for AIRC is 38.46 USD with a low forecast of 31.31 USD and a high forecast of 41.08 USD.

Lowest
Price Target
31.31 USD
18% Downside
Average
Price Target
38.46 USD
0% Upside
Highest
Price Target
41.08 USD
7% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

AIRC Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
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Shareholder Return

AIRC Price
Apartment Income REIT Corp

1M 1M
+23%
6M 6M
+22%
1Y 1Y
+9%
3Y 3Y
-7%
5Y 5Y
+12%
10Y 10Y
+12%
Annual Price Range
38.35
52w Low
28.5203
52w High
38.44
Price Metrics
Average Annual Return 4.75%
Standard Deviation of Annual Returns 42.34%
Max Drawdown -45%
Shares Statistics
Market Capitalization 5.6B USD
Shares Outstanding 145 104 000
Percentage of Shares Shorted 2.82%

AIRC Return Decomposition
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AIRC News

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Apartment Income REIT Corp

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Apartment Income REIT Corp

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Company Profile

Apartment Income REIT Corp Logo
Apartment Income REIT Corp

Country

United States of America

Industry

Real Estate

Market Cap

5.6B USD

Dividend Yield

4.69%

Description

Apartment Income REIT Corp. operates as a real estate investment trust, which owns and operates apartment communities. The company is headquartered in Denver, Colorado and currently employs 800 full-time employees. The company went IPO on 2020-12-03. The firm is focused on investing in United States multi-family real estate. The firm operates through two segments: Same Store and Other Real Estate. Its Same Store segment includes communities that are owned and managed by the Company and have reached a stabilized level of operations. Its Other Real Estate segment includes communities that it expects to sell or lease to a third party, but do not meet the criteria to be classified as held for sale. The firm's portfolio includes approximately 84 apartment communities with 26,410 apartment homes. Its business and assets are managed by Apartment Income REIT, L.P. (the Operating Partnership). Its stabilized multi-family properties located in in several markets in the United States, such as Boston, Philadelphia, Greater Washington, D.C., Miami, Denver, the San Francisco Bay Area, Los Angeles and San Diego.

Contact

COLORADO
Denver
4582 S. Ulster Street, Suite 1700
+13037578101.0
https://www.aircommunities.com/

IPO

2020-12-03

Employees

800

Officers

Founder, CEO & Director
Mr. Terry Considine J.D.
President, General Counsel & Secretary
Ms. Lisa R. Cohn
Executive VP & CFO
Mr. Paul L. Beldin CPA
President of Property Operations
Mr. Keith M. Kimmel
Executive VP & Chief Investment Officer
Mr. Joshua Minix
VP & Chief Accounting Officer
Ms. Molly H.N. Syke
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Head of Investor Relations
Ms. Mary C. Jensen
Senior VP & Chief Corporate Responsibility Officer
Ms. Patti Shwayder
Senior Vice President of Capital Markets
Mr. Matthew O'Grady
Show Less

See Also

Discover More
What is the Intrinsic Value of one AIRC stock?

The intrinsic value of one AIRC stock under the Base Case scenario is 28.91 USD.

Is AIRC stock undervalued or overvalued?

Compared to the current market price of 38.35 USD, Apartment Income REIT Corp is Overvalued by 25%.