Media headlines about Apartment Investment and Management (NYSE:AIV) have been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Apartment Investment and Management earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 46.5115575166574 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Apartment Investment and Management Company Announces 2017 Dividend Income Tax Allocation (markets.financialcontent.com)
- Relative Strength Alert For Apartment Investment & Management (nasdaq.com)
- Apartment Investment and Management (AIV) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Zacks: Brokerages Anticipate Apartment Investment and Management Company (AIV) Will Post Quarterly Sales of $249.80 Million (americanbankingnews.com)
- $0.63 Earnings Per Share Expected for Apartment Investment and Management Company (AIV) This Quarter (americanbankingnews.com)
A number of equities research analysts recently weighed in on AIV shares. TheStreet lowered shares of Apartment Investment and Management from a “b-” rating to a “c+” rating in a report on Friday, November 3rd. Zacks Investment Research raised shares of Apartment Investment and Management from a “sell” rating to a “hold” rating in a research report on Monday, October 23rd. Robert W. Baird reissued a “hold” rating and set a $46.00 target price on shares of Apartment Investment and Management in a research report on Tuesday, October 17th. Mizuho raised shares of Apartment Investment and Management from an “underperform” rating to a “neutral” rating and set a $47.00 target price on the stock in a research report on Monday, November 6th. Finally, Raymond James Financial downgraded shares of Apartment Investment and Management from a “strong-buy” rating to an “outperform” rating and cut their target price for the company from $52.00 to $50.00 in a research report on Tuesday, December 12th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. Apartment Investment and Management currently has an average rating of “Hold” and a consensus target price of $47.70.
Shares of Apartment Investment and Management (NYSE:AIV) traded down $0.33 during trading on Friday, hitting $40.62. 862,134 shares of the stock were exchanged, compared to its average volume of 925,586. The stock has a market cap of $6,380.00, a P/E ratio of 131.03, a P/E/G ratio of 2.37 and a beta of 0.46. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.59 and a current ratio of 0.59. Apartment Investment and Management has a 52-week low of $40.38 and a 52-week high of $46.85.
Apartment Investment and Management (NYSE:AIV) last released its earnings results on Thursday, October 26th. The real estate investment trust reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.51). The company had revenue of $254.64 million during the quarter, compared to analyst estimates of $249.17 million. Apartment Investment and Management had a return on equity of 13.81% and a net margin of 21.36%. During the same quarter last year, the business earned $0.54 earnings per share. equities research analysts expect that Apartment Investment and Management will post 2.45 earnings per share for the current fiscal year.
In other Apartment Investment and Management news, CEO Terry Considine sold 111,577 shares of Apartment Investment and Management stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $44.01, for a total transaction of $4,910,503.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider John E. Bezzant sold 7,564 shares of Apartment Investment and Management stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $44.77, for a total transaction of $338,640.28. Following the sale, the insider now owns 48,422 shares of the company’s stock, valued at $2,167,852.94. The disclosure for this sale can be found here. 1.20% of the stock is owned by company insiders.
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Apartment Investment and Management Company Profile
Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT). Aimco, through its subsidiaries, AIMCO-GP, Inc and AIMCO-LP Trust, holds the ownership interests in the Aimco Operating Partnership. It operates through two segments: conventional real estate and affordable real estate.
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