Apartment Investment and Management (NYSE:AIV) Posts Earnings Results, Beats Expectations By $0.04 EPS

Apartment Investment and Management (NYSE:AIV) released its quarterly earnings results on Monday. The real estate investment trust reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.04, RTT News reports. Apartment Investment and Management had a negative return on equity of 68.04% and a negative net margin of 119.76%. Apartment Investment and Management updated its FY 2025 guidance to 1.500-1.600 EPS.

Apartment Investment and Management Trading Down 0.3 %

Shares of NYSE:AIV traded down $0.02 during mid-day trading on Monday, reaching $8.94. 942,986 shares of the company’s stock were exchanged, compared to its average volume of 1,232,582. The company has a debt-to-equity ratio of 4.28, a quick ratio of 1.35 and a current ratio of 1.35. Apartment Investment and Management has a twelve month low of $7.06 and a twelve month high of $9.48. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of -5.17 and a beta of 1.38. The business’s fifty day moving average price is $8.80 and its 200-day moving average price is $8.81.

Apartment Investment and Management Dividend Announcement

The firm also recently announced a special dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, January 14th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, January 14th.

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.