Stocks · Real Estate · REIT - Residential
Apartment Investment and Management Company AIV
$1.93 -3.02% Close, Oct 2, 2026 · NYSE · Market cap $277.6M
Weak trend
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin narrowed to -84.2% from -0.7% a year earlier.
- Revenue over the last four quarters was $69.8M, down 64.1% from a year earlier, slowing from -36.5% a quarter earlier.
- Over the past year the stock returned -75.5%, behind the S&P 500 by 90.6 percentage points.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
Growth1Very weak
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 1%
- Revenue growth, 3-year CAGRBottom 7%
- Revenue growth accelerationBottom 7%
Quality11Very weak
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 14%
- Gross marginTop 48%
- Operating marginBottom 3%
- Cash conversion (OCF / net income)Bottom 11%
- Accruals (lower is better)Bottom 1%
- Net debt / EBITDA (lower is better)Bottom 30%
- Interest coverBottom 3%
Value71Positive
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 1%
- Free-cash-flow yieldBottom 3%
- EBITDA / enterprise valueTop 44%
- Sales / enterprise valueBottom 49%
- P/E vs own 5-year history (lower is better)Top 9%
Momentum0Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 1%
- 6-month returnBottom 1%
- 1-year return vs S&P 500Bottom 1%
- Distance from 52-week highBottom 1%
- Trend checklist (0–4)Bottom 22%
Revisions91Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 6%
- Consecutive EPS beatsTop 32%
- Share of analysts rating BuyBottom 23%
- Upside to consensus price targetTop 1%
Stability24Very weak
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 39%
- Maximum drawdown, 3 yearsBottom 5%
- Beta vs S&P 500 (lower is better)Bottom 30%
- Net debt / EBITDA (lower is better)Bottom 30%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -36.5% | -64.1% | ↓ |
| Gross margin | 54.9% | 51.2% | ↓ |
| Operating margin | -0.7% | -84.2% | ↓ |
| FCF margin | -49.9% | -237.1% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -64.1% | -36.5% | ↓ | Bottom 1% |
| Gross margin | 51.2% | 54.9% | ↓ | Top 48% |
| Operating margin | -84.2% | -0.7% | ↓ | Bottom 3% |
| Net margin | 794.0% | -33.4% | ↑ | — |
| Free-cash-flow margin | -237.1% | -49.9% | ↓ | — |
| Return on invested capital | 12.4% | — | Top 14% | |
| Revenue growth, 3-year CAGR | -10.1% | — | Bottom 7% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.01×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 44.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 8.5%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 8.48×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -11.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 117.90%
- Net buyback yield (TTM)
- 0.22%
- Shareholder yield
- 118.13%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- -1.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +100.0%
- Average 2-day reaction, last 8
- -0.7%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $10.00
- Target vs current price
- +418.1%
- Analysts with a rating
- 3
- Share rating Buy or Strong Buy
- 33%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 10, 2026 | — | -1.5% | -0.8% | -3.8% | — |
| May 14, 2026 | — | -0.7% | -0.2% | -32.6% | -38.5% |
| Mar 2, 2026 | +1063.6% | -0.5% | -2.0% | -10.4% | -4.5% |
| Nov 10, 2025 | +1954.5% | +0.0% | +5.2% | +3.2% | +10.2% |
| Aug 11, 2025 | -27.3% | -1.6% | -2.0% | -4.1% | -34.5% |
| May 8, 2025 | +16.7% | -1.4% | -1.6% | +1.2% | +4.6% |
| Feb 24, 2025 | +33.3% | -0.3% | +1.0% | -3.9% | -7.4% |
| Nov 7, 2024 | -45.5% | +0.1% | -0.8% | -0.5% | +3.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 10, 2026 | -$0.14 | — | — | — |
| May 14, 2026 | -$0.10 | — | — | — |
| Mar 2, 2026 | $1.06 | -$0.11 | +1063.6% | $34.6M |
| Nov 10, 2025 | $2.04 | -$0.11 | +1954.5% | $35.1M |
| Aug 11, 2025 | -$0.14 | -$0.11 | -27.3% | $52.8M |
| May 8, 2025 | -$0.10 | -$0.12 | +16.7% | $52.4M |
| Feb 24, 2025 | -$0.08 | -$0.12 | +33.3% | $54.2M |
| Nov 7, 2024 | -$0.16 | -$0.11 | -45.5% | $53.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 0.5× | 3.6× | 0th | Top 1% |
| EV / EBITDA | 15.0× | — | — | Top 44% |
| EV / Sales | 9.17× | — | — | Bottom 49% |
| Free-cash-flow yield | -59.57% | — | — | Bottom 3% |
| Earnings yield | 200.52% | — | — | Top 1% |
P/E over the past five years
Range 0.7× – 22.4× since Jun 30, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -8.8%
- 200-day average slope (20 days)
- -8.0%
- Distance from 50-day average
- -21.5%
- Distance from 200-day average
- -51.0%
- RSI (14)
- 13.5
- Relative volume
- 1.03×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 21.7%
- Volatility vs own 5-year history
- 15th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.72
- Correlation with S&P 500
- 0.27
- Current drawdown from 1-year high
- -75.6%
- Maximum drawdown, 3 years
- -79.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Aug 12, 2022 | Oct 2, 2026 | -79.9% | 1038 days | Not yet recovered |
| Nov 15, 2021 | May 10, 2022 | -33.3% | 121 days | 55 days (Jul 29, 2022) |
| Oct 9, 2020 | Nov 6, 2020 | -29.8% | 20 days | 26 days (Dec 15, 2020) |
| Jun 14, 2021 | Aug 19, 2021 | -16.3% | 47 days | 49 days (Oct 28, 2021) |
| Dec 31, 2020 | Jan 29, 2021 | -13.1% | 19 days | 29 days (Mar 12, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $277.6M
- P/E (TTM)
- 0.5
- EPS, diluted (TTM)
- $3.87
- Revenue (TTM)
- $69.8M
- Dividend yield
- 258.03%
- 52-week range
- $1.92 – $8.01
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $169.8M | $190.3M | $187.0M | $208.7M | $138.5M |
| Gross profit | $102.2M | $118.6M | $113.3M | $117.7M | -$46.4M |
| Operating income | -$15.6M | -$80.1M | $11.6M | -$1.5M | -$29.2M |
| Net income | -$5.9M | $75.7M | -$166.2M | -$102.5M | $546.7M |
| EPS (diluted) | -$0.03 | $0.49 | -$1.16 | -$0.74 | $3.87 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.3M | $54.2M | $52.4M | $52.8M | $35.1M | $34.6M | $0 | $0 |
| Net income | -$21.9M | -$9.8M | -$13.9M | -$19.3M | $286.7M | $300.5M | -$13.9M | -$19.3M |
| EPS (diluted) | -$0.16 | -$0.08 | -$0.10 | -$0.14 | $2.04 | $2.07 | -$0.10 | -$0.14 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $12.6M | $204.2M | $50.5M | $47.0M | $8.1M |
| Capital expenditure | -$177.8M | -$237.5M | -$272.5M | -$160.0M | -$99.6M |
| Free cash flow | -$165.2M | -$33.3M | -$222.0M | -$113.0M | -$91.5M |
| Dividends paid | $0 | -$3.0M | $0 | $0 | -$415.6M |
| Net share buybacks | -$76,000 | -$23.5M | -$47.9M | -$39.9M | $9,000 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $78.7M
- Total assets
- $1.24B
- Total liabilities
- $725.0M
- Total debt
- $440.9M
- Net debt
- $362.2M
- Shareholders’ equity
- $514.6M
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jun 4, 2026 | $1.30 | — |
| Feb 27, 2026 | $1.45 | Mar 13, 2026 |
| Oct 16, 2025 | $2.23 | — |
| Jan 14, 2025 | $0.60 | Jan 31, 2025 |
| Sep 13, 2022 | $0.02 | Sep 30, 2022 |
| Nov 3, 2020 | $0.82 | Nov 30, 2020 |
| Aug 13, 2020 | $0.41 | Aug 28, 2020 |
| May 14, 2020 | $0.41 | May 29, 2020 |
Short interest
- Shares sold short
- 1,630,240
- Days to cover
- 1.22
- Change vs previous report
- -31.2%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Dec 15, 2020
- 1,859-for-200
- Dec 1, 2020
- 807-for-1,000
- Feb 21, 2019
- 969-for-1,000
- Jun 9, 2011
- 4-for-5