Apartment Investment and Management Company (NYSE:AIV) stock is presently standing at about $43.11 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 13 analysts covering the company is $48.00, which suggests the stock could still rise over 10 percent. The highest analyst price target is $50.00, which implies a rally of 84 percent. And a quick view of analyst notes show that 3 are rating the stock a buy while 4 rate AIV a strong buy. There are 9 equity research firms advocating a Hold and 1 consider it Sell.
Mizuho analysts provided their view on Apartment Investment and Management Company (NYSE:AIV) recently. The rating firm issued a Buy rating to this company in a research note released on Oct 31, 2016. JMP Securities analysts disclosed their opinion on Apartment Investment and Management Company (NYSE:AIV) recently. The rating firm gave a Mkt Perform rating to this stock in a research note published on Oct 20, 2016. According to a research note disclosed on Aug 01, 2016, analysts at Mizuho have lowered their rating on these shares from Buy to Neutral.
Apartment Investment and Management Company (NYSE:AIV) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Executive Vice President COHN LISA R sold 10,000 company shares for 467200, in a transaction on 2017-02-28. Following the transaction, the Executive Vice President is left with a stake of 53,902 shares, currently valued at $2323715. Meanwhile, Executive Vice President COHN LISA R sold 2,438 shares worth $110120, through a transaction dated 2017-02-13. Following the completion of the transaction, the insider is left with a stake of 64,987 shares, amounting $2801589.57. AIV Executive Vice President CORTEZ MILES also sold 2,927 shares, at a stock price of $44.48. This transaction occurred on 2017-01-30 totals $130190. After this transaction, the insider’s stake stands at 105,943 shares, with a market value of $4567203.
Executives hold 1.44 percent of the stock. Timothy J. Beaudin is one of the biggest insider owners in Apartment Investment and Management Company (NYSE:AIV), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 223,533 shares which have current market value of around $9636507.63.David Robertson is another major inside shareholder in the company. The insider owns 212,762 shares as of 0.14%, currently worth $9172169.82. Terry Considine is ranked as third insider holder of the stock. This insider holds 186,543 shares with a market value around $8041868.73 as of recent close.
Apartment Investment and Management Company (NYSE:AIV) Earnings Outlook
In Apartment Investment and Management Company (NYSE:AIV)’s latest quarter, EPS moved to $N/A from $N/A in preceding quarter and revenues reached at $246.06M compared to $244.12M. Analysts had expected Apartment Investment and Management Company (NYSE:AIV) to post net income of about $N/A per share on $241.62M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.04 to $0.21. That is compared with the $N/A in EPS it reported during the same period a year ago.