Apartment Investment and Management (AIV) Set to Announce Quarterly Earnings on Thursday

Apartment Investment and Management (NYSE:AIV) is set to post its quarterly earnings results after the market closes on Thursday, November 7th.

Apartment Investment and Management (NYSE:AIV) last released its earnings results on Wednesday, August 7th. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.33). Apartment Investment and Management had a negative net margin of 113.14% and a negative return on equity of 51.94%. The company had revenue of $51.15 million during the quarter, compared to analyst estimates of $50.84 million.

Apartment Investment and Management Stock Performance

AIV opened at $8.57 on Wednesday. The business’s 50-day simple moving average is $8.88 and its 200 day simple moving average is $8.56. Apartment Investment and Management has a 52-week low of $6.11 and a 52-week high of $9.48. The company has a debt-to-equity ratio of 3.81, a quick ratio of 1.32 and a current ratio of 1.32. The firm has a market capitalization of $1.21 billion, a PE ratio of -5.39 and a beta of 1.39.

About Apartment Investment and Management

Aimco is a diversified real estate company primarily focused on value add and opportunistic investments, targeting the U.S. multifamily sector. Aimco’s mission is to make real estate investments where outcomes are enhanced through our human capital so that substantial value is created for investors, teammates, and the communities in which we operate.