Apartment Investment and Management (NYSE:AIV) Issues Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Apartment Investment and Management (NYSE:AIV) issued its earnings results on Monday. The real estate investment trust reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.04, RTT News reports. The firm had revenue of $54.17 million for the quarter, compared to analyst estimates of $53.11 million. Apartment Investment and Management had a negative net margin of 119.76% and a negative return on equity of 68.04%. Apartment Investment and Management updated its FY 2025 guidance to 1.500-1.600 EPS.

Apartment Investment and Management Stock Performance

Apartment Investment and Management stock opened at $8.95 on Wednesday. The business has a 50 day moving average of $8.82 and a 200-day moving average of $8.82. The company has a market capitalization of $1.26 billion, a P/E ratio of -5.17 and a beta of 1.38. Apartment Investment and Management has a 1 year low of $7.06 and a 1 year high of $9.48. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.35 and a quick ratio of 1.35.

Apartment Investment and Management Announces Dividend

The company also recently declared a special dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, January 14th were paid a dividend of $0.60 per share. The ex-dividend date was Tuesday, January 14th. Apartment Investment and Management’s payout ratio is -136.49%.

Apartment Investment and Management Company Profile

Apartment Investment & Management Co operates as a real estate investment trust that engages in the acquisition, ownership, management and redevelopment of apartment properties. The company was founded in 1975 and is headquartered in Denver, CO.