AIRC Aimco Properties Dashboard

Aimco is a Maryland corporation incorporated on January 10, 1994. Aimco is a self-administered and self-managed real estate investment trust, or REIT, focused on the ownership, management, redevelopment, and some development of quality apartment communities located in several of the largest markets in the United States. Those markets include: Atlanta; the San Francisco Bay Area; Boston; Chicago; Denver; Greater New York City; Greater Washington, D.C.; Los Angeles; Miami/Dade County; Philadelphia; San Diego; and Seattle. Aimco, through its wholly owned subsidiaries, AIMCO-GP Inc. and AIMCO-LP Trust, owns a majority of the ownership interests in the Aimco Operating Partnership, a Delaware limited partnership formed on May 16, 1994. Aimco conducts all of its business and owns all of its assets through the Aimco Operating Partnership.

Company profile

Ticker

AIRC

Exchange

Incorporated

Location

Fiscal year end

Sector

Finance > REITS and Finance

Industry (SIC)

Operators of Apartment Buildings

Phoenix Tree • New England Realty Associates Limited Partnership • Intergroup • Sunrise Real Estate ...

Former names

AIMCO PROPERTIES LP

SEC CIK

0000926660

Corporate docs

Articles of Incorporation & Bylaws

IRS number

841275621

News

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Benzinga's Top Ratings Upgrades, Downgrades For June 3, 2021

3 Jun 21

Mizuho Upgrades Apartment Income REIT to Buy, Announces $53 Price Target

3 Jun 21

Mizuho analyst Haendel St. Juste upgrades Apartment Income REIT (NYSE:AIRC) from Neutral to Buy and announces $53 price target.

Earnings Scheduled For April 29, 2021

29 Apr 21

Companies Reporting Before The Bell • OSI Systems (NASDAQ:OSIS) is estimated to report quarterly earnings at $1.33 per share on revenue of $290.51 million.

Press releases

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Westwater Resources Strengthens Senior Financial Management Team

12 May 21

Steve Cates Appointed as Chief Accounting Officer and Controller Westwater Resources, Inc. (NYSE:WWR), an energy materials company and developer of U.S. mineral resources essential for batteries for energy storage,

AIR Reports First Quarter 2021 Results

29 Apr 21

Apartment Income REIT Corp ("AIR") (NYSE:AIRC) announced today first quarter results for 2021. Chief Executive Officer Terry Considine comments: "2021 is off to a solid start with first quarter operating results coming

Apartment Income REIT Corp. Announces Quarterly Common Dividend of $0.43 Per Share

28 Apr 21

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.

Conor Wagner Resigns as Chief Investment Officer

27 Apr 21

Apartment Income REIT Corp. Announces Further Progress as "Best in Class" Apartment REIT

26 Apr 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Financial summary

Financial statements Chart AIRC financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	75.75M	75.75M	75.75M	75.75M	75.75M	75.75M
Cash burn (monthly)	(positive/no burn)	24.08M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	67.11M	n/a	n/a	n/a	n/a
Cash remaining	n/a	8.64M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	0.4	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

AIRC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
14 Dec 20	Aimco Properties	Common Limited Partnership Units	Other	Dispose J	No	No	156,797,158.935	0
13 Dec 20	Considine Terry	LTIP II Units of AIMCO Properties, L.P. Partnership Common Units	Grant	Aquire A	No	No	174,789	174,789
13 Dec 20	Considine Terry	LTIP Units of AIMCO Properties, L.P. Partnership Common Units	Grant	Aquire A	No	No	34,690	34,690

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Financial report summary

Management Discussion

Because our operating results depend primarily on income from our apartment communities, the supply of and demand for apartments influences our operating results. Additionally, the level of expenses required to operate and maintain our apartment communities and the pace and price at which we acquire and dispose of our apartment communities affects our operating results.
Net income from continuing operations attributable to common stockholders per common share, on a dilutive basis was $0.56 for the three months ended March 31, 2021.
Pro forma FFO per share was $0.50 for the three months ended March 31, 2021.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 10-Q 2021 Q1