Apartment Income REIT Corp

Apartment Income REIT Corp. is a real estate investment trust, which engages in the provision of apartment communities. It operates through Same Store and Other Real Estate segments. The Same Store segment includes communities owned and managed by Apartment Income REIT Corp. The Other Real Estate segment consists of five properties that were acquired in 2021 and four communities. The company is headquartered in Denver, CO.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q3 2024

Apartment Income REIT Corp (AIRC) reports strong Q4 performance and strategic focus on buybacks for future growth

AIRC's Q4 performance showcased revenue growth, strong margins, and effective portfolio management. The company's focus on buybacks over share issuance and minimal supply risks in key markets position it well for future growth. Despite challenges in the macroeconomic environment, AIRC remains resilient and focused on strategic opportunities.

Apartment Income REIT Corp (AIRC) excels in Q1, eyes growth opportunities

Apartment Income REIT Corp (AIRC) reported strong first quarter results driven by operational efficiency, high margins, and customer satisfaction.
The company's focus on portfolio repositioning and capital allocation aims to enhance returns and portfolio quality.
While challenges like market rent growth and credit facilities exist, AIRC's strong balance sheet and liquidity position it well for future growth.
Opportunities in optimizing NOI, market performance, and deleveraging plans can further propel AIR's growth and profitability.

Apartment Income REIT Corp (AIRC) excels in Q2 performance, eyes strategic growth opportunities

Apartment Income REIT Corp (AIRC) delivered strong operational performance with a focus on customer satisfaction, revenue growth, and strategic partnerships. While facing challenges related to bad debt reduction and fee sustainability, AIRC remains well-positioned for growth through acquisitions and market-specific strategies.

Apartment Income REIT Corp exceeds Q3 expectations, eyes 2024 growth

AIRC's Q3 earnings call highlighted strong performance, operational efficiencies, and a positive outlook for 2024. The company is focused on enhancing NOI growth rates, controlling expenses, and improving resident quality. Challenges include managing bad debt expenses and navigating market dynamics.

AIRC reports robust Q4 performance and strategic growth initiatives

AIRC's Q4 performance reflects strong revenue growth and operational efficiency, underpinned by strategic acquisitions and portfolio enhancements.
Despite challenges in managing interest expenses and market dynamics, the company's focus on resident quality, financial discipline, and strategic positioning bode well for future growth.
Opportunities in optimizing portfolio quality, leveraging strategic advantages, and capitalizing on market conditions position AIRC for continued success and value creation for shareholders.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Apartment Income REIT Corp. is a real estate investment trust, which engages in the provision of apartment communities. It operates through Same Store and Other Real Estate segments. The Same Store segment includes communities owned and managed by Apartment Income REIT Corp. The Other Real Estate segment consists of five properties that were acquired in 2021 and four communities. The company was founded on March 15, 2021 and is headquartered in Denver, CO.

DENVER--(BUSINESS WIRE)--4Q 2021 Earnings Release

AIR Reports Fourth Quarter 2021 Results; Full Year Results 8% Ahead of Initial Expectations; Leverage Reduced to 5.3x; Establishes 2022 FFO Guidance, at the Midpoint, of $2.40 Per Share.

Apartment Income REIT (AIRC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Apartment Income REIT (AIRC) Might Surprise This Earnings Season

Denver, CO, Feb. 07, 2022 (GLOBE NEWSWIRE) -- Apartment Income REIT Corp., known as AIR Communities, has been awarded a Top Workplaces 2022 honor by Energage. The award winners are determined solely on employee feedback gathered through a third-party survey. The anonymous survey measures 15 culture drivers that are critical to the success of any organization: including alignment, execution, connection, and more.

AIR Communities Named a 2022 National Top Workplaces Winner

DENVER--(BUSINESS WIRE)--Apartment Income REIT (NYSE: AIRC), a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States, reported today the tax status of its 2021 distributions paid to shareholders. Details on the tax classifications of the distributions are included in the table below: Class A Common Stock (CUSIP 03750L109) Record Date Payable Date Dividend per Share Total Ordinary Dividends Qualif

Apartment Income REIT Corp. Announces 2021 Dividend Income Tax Allocation

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) will release Fourth Quarter 2021 earnings on Wednesday, February 9, 2022, after the market closes. The Fourth Quarter 2021 earnings conference call will be conducted on Thursday, February 10, 2022, at 1:00 p.m. Eastern time. Live Conference Call Domestic Dial-In Number: 1-844-200-6205 International Dial-In Number: +1-929-526-1599 Passcode: 495964 Webcast: investors.aircommunities.com Conference Call Replay Domestic Dial-I

Apartment Income REIT Corp. Announces Dates for Fourth Quarter 2021 Earnings Release and Conference Call

AIRC still trades at a lower FFO multiple than its coastal apartment REIT peer group. The primary reason for the discount historically has been high leverage. But after serious deleveraging efforts in 2021, AIRC now has one of the lower leverage ratios among peers.

Apartment Income REIT Now Deserves A Higher Valuation

Coty

U.S. Gold Corp.

Apartment Income REIT (AIRC), Coty (COTY) and US Gold (USAU) at present are the three best stocks to invest in as prices increase across many sectors, including food, gas and housing.

3 Top Inflation-Proof Stocks to Add to Your Portfolio

Denver, CO, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Apartment Income REIT (known as AIR Communities) today announced the publication of its 2020 Corporate Responsibility Report. The annual report demonstrates AIR's continued focus on supporting the communities it serves and reinforcing its commitment to being a responsible corporate citizen.

AIR Communities Publishes Corporate Responsibility Report

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) announced today third quarter results for 2021; an increase to full year Same Store Revenue, NOI, and FFO guidance; $1.7 billion of property sales closed, under contract, or in negotiation with proceeds to be used to reduce year-end net leverage to EBITDAre to 5.3:1, and the acquisition of a four property portfolio in Washington, D.C. for $510 million. Chief Executive Officer Terry Considine comments: “It is a good time f

AIR Reports Third Quarter 2021 Results, Raises Full Year FFO Guidance, and Announces $1.7B of Property Sales Closed, Under Contract, In Negotiation

Arlington Asset Investment

American Assets

Arbor Realty Trust

American Campus Communities

ACRES Commercial Realty Corp.

Ares Commercial Real Estate

Agree Realty

AFC Gamma

American Fin Tr Inc - Ordinary Shares - Class A

American Fin Tr Inc - 7.50% PRF PERPETUAL USD 25 - Ser A

AGNC Investment

AGNC Investment Corp - FXDFR PRF PERPETUAL USD 25 - Ser D 1/1000th int

AGNC Investment Corp. Deposit Shs Repr 1/1000th Cum Conv Red Pfd Registered Shs Series C

Armada Hoffler Properties

Ashford Hospitality Trust

Apartment Investment and Management

Great Ajax

Great Ajax Corp. 7.25 % Convertible Notes 2017-30.04.24 Global

Acadia Realty Trust

Alexander & Baldwin

Alexander's

We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far.

Rents Are Absolutely Soaring

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.44 per share of Class A Common Stock for the quarter ended September 30, 2021. This dividend is payable on November 30, 2021, to stockholders of record on November 12, 2021. AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AI

Apartment Income REIT Corp. Announces Quarterly Common Dividend of $0.44 Per Share

American Homes 4 Rent

Mid-America Apartment Communities

The burst of inflation this year makes investing in REITs even more compelling. Notable among them are American Homes 4 Rent (AMH), MidAmerica Apartment Communities (MAA) & Apartment Income REIT (AIRC).

3 Top REITs to Buy as Inflation Hits a 13-Year High

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) will release Third Quarter 2021 earnings on Thursday, October 28, 2021, after the market closes. The Third Quarter 2021 earnings conference call will be conducted on Friday, October 29, 2021, at 1:00 p.m. Eastern time. Live Conference Call Domestic Dial-In Number: 1-844-200-6205 International Dial-In Number: +1-929-526-1599 Passcode: 076655 Webcast: investors.aircommunities.com Conference Call Replay Domestic Dial-In Numb

Apartment Income REIT Corp. Announces Dates for Third Quarter 2021 Earnings Release and Conference Call

Apartment Income (AIRC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Apartment Income (AIRC) Stock Might be a Great Pick

Cognyte Software

GXO Logistics

International Flavors & Fragrances

Vimeo

Viatris

Companies often spin off pieces of their businesses into independent entities. Many of these spinoff stocks to buy have benefited from the distance.

7 Spinoff Stocks to Buy That Are Set to Outperform Their Parents

Business is booming for the primarily coastal apartment REIT, AIRC. It is an ideal environment for apartments, due to the inflation-fueled rise in rents, a rebounding economy, and the persistent housing shortage.

Apartment Income REIT Has More Room To Run

How Apartment Income (AIRC) Stock Stands Out in a Strong Industry

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp., known as AIR Communities (NYSE: AIRC) (“AIR” or the “Company”), announced today that its Board of Directors has nominated three experienced and exceptionally well-qualified individuals to stand for election as independent directors at the Company's annual meeting in December: Tom Bohjalian, Kristin Finney-Cooke, and Margarita Paláu-Hernández. The Company also announced that the three incumbent directors whose terms expire at the 2021 annual

AIR Announces Nominations of Three New Independent Directors

Apartment Income REIT Corp (AIRC) CEO Terry Considine on Q2 2021 Results - Earnings Call Transcript

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) announced today second quarter results for 2021 and an increase to full year Same Store Revenue, NOI and FFO guidance. Chief Executive Officer Terry Considine comments: “Business is good! Strong consumer demand is driving higher occupancy and higher rents. The efficiency of the AIR business model is confirmed with peer-best operating margins, low corporate G&A, driving a 5% increase in full year FFO guidance.” “Asking

AIR Reports Second Quarter 2021 Results – Full Year FFO Guidance Increased by 5%; Quarterly Dividend Raised by 2%

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. (“AIR”) (NYSE: AIRC) will release Second Quarter 2021 earnings on Thursday, July 29, 2021, after the market closes. The Second Quarter 2021 earnings conference call will be conducted on Friday, July 30, 2021, at 12:00 p.m. Eastern time. Live Conference Call Domestic Dial-In Number: 1-888-317-6003 International Dial-In Number: 1-412-317-6061 Passcode: 9955051 Webcast: investors.aircommunities.com Conference Call Replay Domestic Dial-In Number:

Apartment Income REIT Corp. Announces Dates for Second Quarter 2021 Earnings Release and Conference Call

Vanguard Real Estate ETF

W. P. Carey

Unlike the broader market, REITs (real estate investment trusts) haven't been messing around this year.

These 3 REIT Dividends Benefit From Inflation

Though apartments in coastal cities are making a swift recovery, there is some evidence that the post-pandemic work environment will favor suburban apartments to urban ones. EQR's portfolio is predominantly urban, Class A high-rise and mid-rise properties.

Why I Exchanged Equity Residential For Apartment Income REIT

DENVER--(BUSINESS WIRE)--AIR Reports First Quarter 2021 Results

AIR Reports First Quarter 2021 Results

DENVER--(BUSINESS WIRE)--Apartment Income REIT Corp. ("AIR") (NYSE: AIRC) announced today that its Board of Directors declared a quarterly cash dividend of $0.43 per share of Class A Common Stock for the quarter ended March 31, 2021. This dividend is payable on May 28, 2021, to stockholders of record on May 14, 2021. AIR is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AIR is one of th

News for Apartment Income REIT Corp Stock (AIRC)