Apartment Inv & Mgmt (NYSE:AIV) Earns Coverage Optimism Rating of 0.14

News coverage about Apartment Inv & Mgmt (NYSE:AIV) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Apartment Inv & Mgmt earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.1146587918271 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:

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Shares of NYSE:AIV traded down $0.05 during trading on Friday, reaching $41.21. 214,194 shares of the stock were exchanged, compared to its average volume of 1,186,665. The company has a debt-to-equity ratio of 2.67, a quick ratio of 0.65 and a current ratio of 0.65. Apartment Inv & Mgmt has a 12-month low of $37.97 and a 12-month high of $46.72. The stock has a market capitalization of $6,488.30, a P/E ratio of 16.84, a PEG ratio of 2.88 and a beta of 0.41.

Apartment Inv & Mgmt (NYSE:AIV) last issued its earnings results on Thursday, February 1st. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.63. Apartment Inv & Mgmt had a return on equity of 21.25% and a net margin of 31.19%. The business had revenue of $250.23 million during the quarter, compared to analysts’ expectations of $243.24 million. During the same quarter in the previous year, the business earned $0.60 EPS. The company’s revenue for the quarter was up 1.7% on a year-over-year basis. analysts predict that Apartment Inv & Mgmt will post 2.48 earnings per share for the current year.

AIV has been the subject of several recent analyst reports. Raymond James Financial cut Apartment Inv & Mgmt from a “strong-buy” rating to an “outperform” rating and lowered their price target for the company from $52.00 to $50.00 in a report on Tuesday, December 12th. Zacks Investment Research cut Apartment Inv & Mgmt from a “hold” rating to a “sell” rating in a report on Monday, February 19th. Robert W. Baird restated a “hold” rating and issued a $42.00 price target on shares of Apartment Inv & Mgmt in a report on Tuesday, January 9th. BMO Capital Markets set a $42.00 price target on Apartment Inv & Mgmt and gave the company a “sell” rating in a report on Monday, February 12th. Finally, SunTrust Banks set a $44.00 price target on Apartment Inv & Mgmt and gave the company a “buy” rating in a report on Friday, March 2nd. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $46.55.

In other Apartment Inv & Mgmt news, insider Lisa R. Cohn sold 2,858 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $41.80, for a total value of $119,464.40. Following the completion of the transaction, the insider now owns 53,071 shares in the company, valued at approximately $2,218,367.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Miles Cortez sold 2,587 shares of the company’s stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $41.90, for a total value of $108,395.30. Following the completion of the transaction, the executive vice president now owns 102,456 shares of the company’s stock, valued at approximately $4,292,906.40. The disclosure for this sale can be found here. Insiders have sold a total of 15,970 shares of company stock valued at $641,143 in the last quarter. Company insiders own 1.20% of the company’s stock.

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About Apartment Inv & Mgmt

Aimco is a real estate investment trust focused on the ownership and management of quality apartment communities located in select markets in the United States. Aimco is one of the country's largest owners and operators of apartments, with ownership interests in 182 communities in 22 states and the District of Columbia.

Insider Buying and Selling by Quarter for Apartment Inv & Mgmt (NYSE:AIV)

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