How Will Apartment Income REIT Corp (NYSE: AIRC)’s Current Price Volatility Affect Its Future Potential?

In the last trading session, 8.59 million Apartment Income REIT Corp (NYSE:AIRC) shares changed hands as the company’s beta touched 0.79. With the company’s per share price at $38.30 changed hands at -$0.02 or -0.05% during last session, the market valuation stood at $5.56B. AIRC’s last price was a discount, traded about -0.99% off its 52-week high of $38.68. The share price had its 52-week low at $28.22, which suggests the last value was 26.32% up since then. When we look at Apartment Income REIT Corp’s average trading volume, we note the 3-month average coming to 2.21 million.

Apartment Income REIT Corp (NYSE:AIRC) trade information

Instantly AIRC was in red as seen at the end of in last trading. With action -0.36%, the performance over the past five days has been red. The drop to weekly highs of 38.48 subtracted -0.05% to the stock’s daily price. The company’s shares are showing year-to-date upside of 10.28%, with the 5-day performance at -0.36% in the red. However, in the 30-day time frame, Apartment Income REIT Corp (NYSE:AIRC) is 20.86% up.

Apartment Income REIT Corp (AIRC) estimates and forecasts

Data shows that the Apartment Income REIT Corp share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 23.07% over the past 6 months, a -0.83% in annual growth rate that is considerably lower than the industry average of 0.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.34%. The 2024 estimates are for Apartment Income REIT Corp earnings to decrease by -97.61%.

AIRC Dividends

Apartment Income REIT Corp is expected to release its next quarterly earnings report in May. The 4.70% annual yield figure for the share gives it an annual dividend of 1.80. It is important to note, however, that the 4.70% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.