In the preceding three months, 4 analysts have released ratings for Apartment Income REIT AIRC, presenting a wide array of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 0 | 3 | 0 | 0 |
Last 30D | 1 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 2 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $35.28, with a high estimate of $39.12 and a low estimate of $31.00. Highlighting a 6.34% decrease, the current average has fallen from the previous average price target of $37.67.
Analyzing Analyst Ratings: A Detailed Breakdown
The standing of Apartment Income REIT among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Michael Lewis | Truist Securities | Lowers | Buy | $37.00 | $40.00 |
John Kim | BMO Capital | Raises | Market Perform | $39.12 | $36.00 |
Vikram Malhotra | Mizuho | Lowers | Neutral | $31.00 | $37.00 |
Chandni Luthra | Goldman Sachs | Announces | Neutral | $34.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Apartment Income REIT. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Apartment Income REIT compared to the broader market.
- Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Apartment Income REIT's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Apartment Income REIT analyst ratings.
Get to Know Apartment Income REIT Better
Apartment Investment and Management Co. owns a portfolio of 75 apartment communities with over 26,000 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Boston, Denver, Los Angeles, Miami, Philadelphia, San Diego, San Francisco, and Washington, D.C.
Financial Insights: Apartment Income REIT
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Decline in Revenue: Over the 3 months period, Apartment Income REIT faced challenges, resulting in a decline of approximately -5.54% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Real Estate sector.
Net Margin: Apartment Income REIT's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -8.28% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Apartment Income REIT's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -0.67%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Apartment Income REIT's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.26%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Apartment Income REIT's debt-to-equity ratio is below the industry average. With a ratio of 1.37, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Understanding the Relevance of Analyst Ratings
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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