Apartment Invt & Mgmt Co Stock Price, News & Analysis

Apartment Investment and Management Company (NYSE: AIV) is set to report its first quarter results for 2022 on May 9, 2022, after market close. The earnings release will be accessible in the Investor Relations section of its website at investors.aimco.com. Aimco focuses on value-add and opportunistic investments mainly within the U.S. multifamily sector, aiming to enhance real estate outcomes through human capital.

Aimco (NYSE: AIV) reported strong fourth quarter results for 2021, with a revenue increase of 9.7% year-over-year and 16.8% growth in Net Operating Income (NOI). The company closed a $52 million preferred equity financing to support the Upton Place project, enhancing its investment capital. Aimco's liquidity stood at $395 million at the quarter's end, with average occupancy rates rising to 98.7%. The Total Shareholder Return was an impressive 46.2% for 2021. Aimco repurchased 202,400 shares at an average price of $6.49, reflecting confidence in its valuation.

Apartment Investment and Management Company (Aimco) is set to report its Q4 2021 results on March 1, 2022. Aimco highlights a productive 2021, with over $200 million invested in development projects, achieving substantial lease activity—over 630 leases executed. The company anticipates a 4% growth in revenue and Net Operating Income (NOI). Plans for 2022 include completing key projects and expanding its investment pipeline by over $1 billion. Aimco aims for a Net Asset Value (NAV) of approximately $12 per share by year-end 2022.

Aimco (NYSE: AIV) reported its Q3 2021 results, highlighting a net loss of $0.03 per share compared to a profit of $0.01 in Q3 2020. The company achieved 43.6% Total Shareholder Return year-to-date, with a 6.9% revenue increase year-over-year, totaling $34.6 million. Aimco's occupancy rate reached 97.8%, up 280 basis points year-over-year. The company completed significant investments including $40 million for luxury townhomes and $60 million in property financing, maintaining $413 million in liquidity. Aimco does not plan to pay regular cash dividends, opting to reinvest earnings for growth.

Apartment Investment and Management Company (AIV) released its 2020-21 Corporate Responsibility Report, highlighting its commitment to environmental, social, and governance (ESG) factors. The report emphasizes Aimco's focus on continuous improvement and responsible corporate citizenship to enhance outcomes for its investments, employees, communities, and shareholders. Aimco specializes in multifamily real estate investments in the U.S. and aims to create substantial value through effective human capital strategies. For further details, the report can be accessed at www.aimco.com/corporate-responsibility/.

Aurora's Mayor Mike Coffman and University of Colorado leaders celebrated the construction of the new Benson Hotel and Faculty Club, a luxury venue with 106 rooms and event spaces, reflecting the community's growth. This project, developed by Aimco, aims to enhance the Fitzsimons Innovation Community and is expected to be completed in 2023. The hotel will feature a ballroom, a restaurant, and private amenities for medical and educational staff, further positioning the CU Anschutz Medical Campus as a premier health destination.

Apartment Investment and Management Company (Aimco) has launched a redesigned website at www.aimco.com and released two investor updates. These updates include an investor presentation and a pre-recorded webcast featuring discussions on Aimco's platform, portfolio, pipeline, and capital redeployment strategy. The company plans to report its financial results for the quarter ending September 30, 2021, by filing its SEC Form 10-Q in early November.

Aimco (NYSE: AIV) reported its second quarter 2021 results, highlighting a recovery in the apartment market post-2020. The company invested $49 million in development projects, which are projected to generate about $60 million in net operating income. Aimco secured new properties for development worth $53 million and acquired adjacent land for $19 million in Miami, enhancing its growth potential. However, Aimco reported a net loss of $0.13 per share, compared to a profit of $0.02 last year, driven by unrealized losses on hedges. Total shareholder return reached 32% year-to-date.

Aimco (NYSE: AIV) reported its first-quarter results for 2021, highlighting a productive start for the company as it positions for future growth in real estate development and investment. Key outcomes include a net income of $0.14 per share, a 70 basis point increase in occupancy from Q4, and the addition of $330 million to its investment pipeline. While revenue decreased by 2% year-over-year, improvements in lease-up and construction progress were noted. Aimco maintains a robust balance sheet with $385.3 million in liquidity and aims for sustainable long-term value creation.