Apartment Income REIT Corp.

AIRC

US03750L1098

Residential REITs

Real-time Estimate Cboe BZX Other stock markets 09:40:21 2024-05-20 am EDT			5-day change	1st Jan Change
38.7 ^USD	-0.06%		+0.31%	+11.49%

May. 08	Apartment Income REIT Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 12	North American Morning Briefing : Big Banks Kick -2-	DJ

Apartment Income REIT Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 08, 2024 at 04:12 pm EDT

Apartment Income REIT Corp. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 192.38 million compared to USD 209.92 million a year ago.

Revenue was USD 195.62 million compared to USD 211.99 million a year ago. Net loss was USD 6.59 million compared to USD 11.38 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.08 a year ago.

Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.08 a year ago.

Latest news about Apartment Income REIT Corp.

Apartment Income REIT Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 08	CI
North American Morning Briefing : Big Banks Kick -2-	Apr. 12	DJ
Wedbush Downgrades Apartment Income REIT to Neutral From Outperform, Lifts Price Target to $39 From $35 Amid Blackstone Deal	Apr. 11	MT
Truist Downgrades Apartment Income REIT to Hold From Buy, Adjusts PT to $39 From $37	Apr. 11	MT
Wolfe Research Downgrades Apartment Income REIT to Peer Perform From Outperform	Apr. 11	MT
North American Morning Briefing : Traders Await -2-	Apr. 10	DJ
BMO Capital Downgrades Apartment Income REIT to Market Perform From Outperform	Apr. 09	MT
EMEA Morning Briefing: Stocks Seen Lower as Investors Await Economic Data for Cues	Apr. 09	DJ
Consumer Shares Gain on Economic Optimism -- Consumer Roundup	Apr. 08	DJ
Sector Update: Financial Stocks Higher Late Afternoon	Apr. 08	MT
Sector Update: Financial Stocks Rise Monday Afternoon	Apr. 08	MT
Sector Update: Financial	Apr. 08	MT
Top Midday Stories: Taiwan Semiconductor to Get $6.6 billion in US subsidies; Tesla to unveil 'Robotaxi'; Blackstone Acquires AIR Communities; FAA to Investigate Boeing Incident; Spirit Airlines to Defer Airbus Deliveries; JPMorgan Says COO 'Immediately Ready' to Lead; Microsoft to Open AI Hub in London; Walmart-backed Ibotta Selling 2.5 Million Shares in IPO	Apr. 08	MT
Apartment Income REIT Being Taken Private by Blackstone in $10 Billion Deal	Apr. 08	MT
Sector Update: Financial Stocks Advance Premarket Monday	Apr. 08	MT
Blackstone to Take Apartment Income REIT Private for $10 Billion	Apr. 08	MT
Blackstone to Acquire AIR Communities REIT for $10 Billion in Cash	Apr. 08	MT
Apartment Income Shares Leap Premarket on Report of Blackstone Deal	Apr. 08	DJ
Blackstone to Acquire AIR Communities REIT for $10 Billion in Cash	Apr. 08	MT
Blackstone to take Apartment Income REIT private for $10 bln, WSJ reports	Apr. 08	RE
Blackstone Real Estate Partners X L.P., managed by Blackstone Real Estate Advisors L.P. entered into a definitive agreement to acquire Apartment Income REIT Corp. for approximately $5.7 billion.	Apr. 07	CI
Apartment Income REIT Corp. Announces the Arrival of Four New Retailers At 21 Fitzsimons and The Fremont	Mar. 19	CI
North American Morning Briefing : Stock Futures -2-	Mar. 19	DJ
Raymond James Downgrades Apartment Income REIT to Market Perform From Outperform	Mar. 18	MT
Transcript : Apartment Income REIT Corp. Presents at Citi's 2024 Global Property CEO Conference, Mar-06-2024 09:35 AM	Mar. 06

Chart Apartment Income REIT Corp.

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Company Profile

Apartment Income REIT Corp. is a self-administered and self-managed real estate investment trust. The Company is focused on investing in United States multi-family real estate. The Company 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. The Same Store segment includes 63 apartment communities with approximately 22,794 apartment homes. The Other Real Estate includes 12 apartment communities with approximately 3,832 apartment homes. The Companyâs portfolio includes garden style, mid-rise, and high-rise apartment communities located in 10 states and the District of Columbia. It is focused on the ownership of stabilized multi-family properties located in markets including eight geographic concentrations: Boston; Philadelphia; Washington, D.C.; Miami; Denver; the San Francisco Bay Area; Los Angeles; and San Diego.

Sector

Residential REITs

Calendar

2024-06-13 - Annual General Meeting

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Ratings for Apartment Income REIT Corp.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

38.72 USD

Average target price

38.22 USD

Spread / Average Target

-1.30%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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