Apartment Investment & Management (AIV) AI Stock Analysis

• Market Cap: $806.82M
• Dividend Yield: 7.64%
• Average Volume (3M): 1.99M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.53
• Revenue Growth: -4.63%
• EPS Growth: 42.39%
• Country: US
• Employees: 58
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Residential
• EPS (TTM): 2.04
• Shares Outstanding: 144,075,550
• 10 Day Avg. Volume: 1,173,248
• 30 Day Avg. Volume: 1,989,008
• PEG Ratio: 0.34
• Price to Book (P/B): 10.24
• Price to Sales (P/S): 6.03
• P/FCF Ratio: -11.14
• Enterprise Value/Market Cap: 2.27
• Enterprise Value/Revenue: 9.42
• Enterprise Value/Gross Profit: 17.05
• Enterprise Value/Ebitda: 65.52
• 1Y Price Target: $10.00
• Price Target Upside: 75.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.45
• Revenue Forecast (FY): $221.00M

• Rating: 51 Neutral
• Price Target: $5.50 ▼(-3.68% Downside)

The overall stock score for AIV is primarily influenced by its challenging financial performance, characterized by high leverage and inconsistent profitability. Technical analysis provides a neutral to slightly positive outlook, while valuation presents a mixed picture with a high dividend yield but negative P/E ratio. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong demand for rental housing and effective property management, supporting long-term business stability.

Cash Generation

Positive operating cash flow suggests the company can generate sufficient cash from operations, aiding in debt servicing and potential reinvestment.

Strategic Asset Sale

The strategic sale of properties enhances liquidity and provides capital for potential reinvestment or debt reduction, strengthening financial flexibility.

Negative Factors

High Leverage

High leverage can limit financial flexibility and increase risk, especially in downturns, potentially impacting long-term sustainability.

Profitability Challenges

Persistent profitability issues may hinder the company's ability to reinvest in growth and manage debt, affecting long-term viability.

Negative Net Income

Negative net income suggests ongoing operational inefficiencies, which could impede growth and shareholder value over time.

Apartment Investment & Management Business Overview & Revenue Model

Company Description

Aimco is a Real Estate Investment Trust focused on property development, redevelopment, and various other value-creating investment strategies, targeting the U.S. multifamily market. Aimco's mission is to make real estate investments where outcomes are enhanced through human capital and substantial value is created for investors, teammates, and the communities in which we operate. Aimco is traded on the New York Stock Exchange as AIV. For more information about Aimco, please visit our website www.aimco.com.

How the Company Makes Money

AIV generates revenue primarily through rental income from its multifamily properties. The company leases residential units to tenants, and the rental payments constitute its main revenue stream. Additionally, AIV may realize income from ancillary services offered to residents, such as parking fees, pet fees, and other amenities. The company also engages in property sales and may benefit from capital appreciation as property values increase over time. Partnerships with property management firms and real estate brokers can also enhance AIV's market reach and operational efficiency, contributing to its overall earnings.

Apartment Investment & Management Financial Statement Overview

Summary

Apartment Investment & Management faces challenges with profitability and high leverage. While revenue growth is observed, the company's profitability metrics are concerning, with negative net income and EBIT margins. The balance sheet reflects high debt levels, posing financial risks. Cash flow remains a mixed picture with positive operating cash flow but inconsistent free cash flow. Overall, the company needs to focus on improving profitability and reducing leverage to enhance its financial position.

Income Statement

The company has shown a consistent increase in revenue over the past years, with a notable TTM revenue of $210.8 million, up from $208.7 million in 2024. However, the persistent negative net income and negative EBIT margin indicate challenges in achieving profitability. The gross profit margin remains relatively stable but is overshadowed by high operating expenses, leading to a negative net profit margin.

Balance Sheet

The company's balance sheet reflects a high debt-to-equity ratio, indicating significant leverage, which poses a risk in terms of financial stability. The equity ratio has been declining, highlighting a shrinking equity base. However, the company maintains a reasonable level of cash and short-term investments, which provides some liquidity buffer.

Cash Flow

The cash flow statement shows a positive operating cash flow in the TTM, but the free cash flow has been inconsistent, recently turning positive. The operating cash flow to net income ratio is promising, indicating decent cash generation relative to net income, although the free cash flow to net income ratio is volatile.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	194.41M	208.68M	187.00M	190.34M	169.84M	151.45M
Gross Profit	107.37M	117.69M	113.28M	118.55M	102.22M	89.94M
EBITDA	27.94M	49.34M	-63.52M	342.23M	119.06M	89.56M
Net Income	243.67M	-102.47M	-166.20M	75.73M	-5.91M	-5.04M
Balance Sheet
Total Assets	2.08B	1.96B	2.09B	2.18B	2.43B	1.84B
Cash, Cash Equivalents and Short-Term Investments	404.38M	141.07M	122.60M	206.46M	233.37M	298.74M
Total Debt	952.93M	1.19B	1.27B	1.16B	1.62B	1.17B
Total Liabilities	1.82B	1.64B	1.50B	1.39B	1.84B	1.28B
Stockholders Equity	61.99M	122.96M	349.65M	547.85M	500.56M	499.78M
Cash Flow
Free Cash Flow	-96.78M	-113.04M	-222.03M	-33.29M	-165.22M	23.96M
Operating Cash Flow	23.25M	46.98M	50.47M	204.23M	12.59M	47.85M
Investing Cash Flow	546.77M	30.60M	-260.40M	-120.75M	-271.41M	-129.32M
Financing Cash Flow	-255.06M	-43.90M	119.43M	-98.29M	204.67M	370.09M

Apartment Investment & Management Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 5.71
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIV, the sentiment is Neutral. The current price of 5.71 is above the 20-day moving average (MA) of 5.56, above the 50-day MA of 5.55, and below the 200-day MA of 5.83, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 52.03 is Neutral, neither overbought nor oversold. The STOCH value of 62.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AIV.

Apartment Investment & Management Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UMH	70 Outperform	$1.27B	195.80	3.02%	5.97%	8.91%	-39.58%
VRE	68 Neutral	$1.37B	22.65	5.33%	2.14%	3.37%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CSR	65 Neutral	$1.17B	49.91	4.30%	4.58%	36.82%	―
IRT	55 Neutral	$4.18B	178.93	0.65%	3.87%	0.84%	―
AIV	51 Neutral	$806.82M	―	171.00%	7.64%	-4.63%	42.39%
NXRT	51 Neutral	$803.75M	―	-12.63%	6.68%	-4.46%	-206.19%

Apartment Investment & Management Corporate Events

Aimco Completes $490 Million Property Sale

On September 9, 2025, Aimco completed the sale of four properties in suburban Boston for $490 million, as part of a larger $740 million deal involving five properties. The sale marks a strategic shift for Aimco, classifying the transaction as a discontinued operation, and it will significantly impact the company’s financial results. The sale of the fifth property is pending, with a closing expected in the fourth quarter of 2025, although it is not guaranteed.

The most recent analyst rating on (AIV) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Apartment Investment & Management stock, see the AIV Stock Forecast page.

Aimco Reports Mixed Financial Results Amid Market Challenges

Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT) focused on owning and leasing a portfolio of real estate investments primarily in the U.S. multifamily sector. The company operates through its subsidiary Aimco OP L.P., holding a significant interest in various residential apartment communities and other real estate investments.