Apartment Investment & Management Co. (AIV) Has A Promising Outlook For 2024

Apartment Investment & Management Co. (NYSE:AIV) has a beta value of 1.33 and has seen 3.19 million shares traded in the recent trading session. The company, currently valued at $1.15B, closed the recent trade at $7.93 per share which meant it lost -$0.13 on the day or -1.67% during that session. The AIV stock price is -12.61% off its 52-week high price of $8.93 and 29.0% above the 52-week low of $5.63. The 3-month trading volume is 996.62K shares.

Apartment Investment & Management Co. (NYSE:AIV) trade information

Sporting -1.67% in the red today, the stock has traded in the red over the last five days, when the AIV stock price touched $7.93 or saw a rise of 2.94%. Year-to-date, Apartment Investment & Management Co. shares have moved 1.21%, while the 5-day performance has seen it change -1.67%. Over the past 30 days, the shares of Apartment Investment & Management Co. (NYSE:AIV) have changed -0.81%.

Apartment Investment & Management Co. (AIV) estimates and forecasts

The company’s shares have gained 37.35% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 10.10%.

1 analysts offering their estimates for the company have set an average revenue estimate of $49.8 million for the current quarter. 1 have an estimated revenue figure of $50.8 million for the next quarter concluding in Jun 2024.

Earnings growth for 2024 is a modest 65.52% while over the next 5 years, the company’s earnings are expected to increase by 7.10%.

AIV Dividends

Apartment Investment & Management Co. is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.