Apartment Investment and Management Company (NYSE: AIV) is -8.14% lower on its value in year-to-date trading and has touched a low of $2.64 and a high of $6.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AIV stock was last observed hovering at around $4.82 in the last trading session, with the day’s gains setting it 0.03% off its average median price target of $4.20 for the next 12 months. It is also -12.79% off the consensus price target high of $4.30 offered by 4 analysts, but current levels are -18.58% lower than the price target low of $4.09 for the same period.
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Currently trading at $4.85, the stock is 0.74% and 0.59% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.87 million and changing 0.62% at the moment leaves the stock 16.45% off its SMA200. AIV registered -18.76% loss for a year compared to 6-month gain of 26.59%. The firm has a 50-day simple moving average (SMA 50) of $4.8473 and a 200-day simple moving average (SMA200) of $4.6333.
The stock witnessed a 1.68% loss in the last 1 month and extending the period to 3 months gives it a 16.24%, and is -1.02% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.56% over the week and 3.01% over the month.
Apartment Investment and Management Company (AIV) has around 950 employees, a market worth around $716.01M and $888.80M in sales. Current P/E ratio is 4.65. Profit margin for the company is 17.30%. Distance from 52-week low is 83.78% and -25.15% from its 52-week high. The company has generated returns on investments over the last 12 months (2.50%).
Apartment Investment and Management Company (AIV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Apartment Investment and Management Company (AIV) is a “Overweight”. 4 analysts offering their recommendations for the stock have an average rating of 2.50, where 2 rate it as a Hold and 1 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Apartment Investment and Management Company is expected to release its quarterly report on 05/06/2021 and quarterly earnings per share for the current quarter are estimated at -$0.06 with sales reaching $205.7M over the same period.The EPS is expected to shrink by -27.90% this year, but quarterly earnings will post -4.70% year-over-year. Quarterly sales are estimated to shrink -10.60% in year-over-year returns.
Apartment Investment and Management Company (AIV) Top Institutional Holders
491 institutions hold shares in Apartment Investment and Management Company (AIV), with 919.73k shares held by insiders accounting for 0.77% while institutional investors hold 99.63% of the company’s shares. The shares outstanding are 147.53M, and float is at 147.49M with Short Float at 6.62%. Institutions hold 98.87% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 18.54 million shares valued at $774.12 million. The investor’s holdings represent 11.91% of the AIV Shares outstanding. As of Sep 29, 2020, the second largest holder is Cohen & Steers Inc. with 11.75 million shares valued at $490.55 million to account for 7.55% of the shares outstanding. The other top investors are Blackrock Inc. which holds 10.94 million shares representing 7.03% and valued at over $57.77 million, while FMR, LLC holds 5.00% of the shares totaling 7.78 million with a market value of $41.08 million.
Apartment Investment and Management Company (AIV) Insider Activity
A total of 23 insider transactions have happened at Apartment Investment and Management Company (AIV) in the last six months, with sales accounting for 5 and purchases happening 18 times. The most recent transaction is an insider purchase by Leupp Jay P, the company’s Director. SEC filings show that Leupp Jay P bought 2,000 shares of the company’s common stock on Dec 28 at a price of $5.01 per share for a total of $10029.0. Following the purchase, the insider now owns 36000.0 shares.
Apartment Investment and Management Company disclosed in a document filed with the SEC on Dec 21 that STEIN MICHAEL A (Director) sold a total of 47,362 shares of the company’s common stock. The trade occurred on Dec 21 and was made at $4.70 per share for $0.22 million. Following the transaction, the insider now directly holds 0.0 shares of the AIV stock.
Still, SEC filings show that on Dec 21, Miller Robert A. (Director) disposed off 63,882 shares at an average price of $4.63 for $0.3 million. The insider now directly holds 0 shares of Apartment Investment and Management Company (AIV).