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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.01
AIV's Cash to Debt is ranked lower than
54% of the 612 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.05 vs. AIV: 0.01 )
AIV' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.01

Equity to Asset 0.19
AIV's Equity to Asset is ranked lower than
52% of the 639 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.49 vs. AIV: 0.19 )
AIV' s 10-Year Equity to Asset Range
Min: 0.13   Max: 0.57
Current: 0.19

0.13
0.57
Interest Coverage 1.05
AIV's Interest Coverage is ranked higher than
55% of the 552 Companies
in the Global REIT - Residential industry.

( Industry Median: 2.43 vs. AIV: 1.05 )
AIV' s 10-Year Interest Coverage Range
Min: 0.07   Max: 9999.99
Current: 1.05

0.07
9999.99
F-Score: 7
Z-Score: 0.33
M-Score: -3.50
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 27.02
AIV's Operating margin (%) is ranked higher than
63% of the 648 Companies
in the Global REIT - Residential industry.

( Industry Median: 42.30 vs. AIV: 27.02 )
AIV' s 10-Year Operating margin (%) Range
Min: 1.57   Max: 36.29
Current: 27.02

1.57
36.29
Net-margin (%) 34.29
AIV's Net-margin (%) is ranked higher than
73% of the 649 Companies
in the Global REIT - Residential industry.

( Industry Median: 34.15 vs. AIV: 34.29 )
AIV' s 10-Year Net-margin (%) Range
Min: -7.48   Max: 33.14
Current: 34.29

-7.48
33.14
ROE (%) 34.45
AIV's ROE (%) is ranked higher than
98% of the 658 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.73 vs. AIV: 34.45 )
AIV' s 10-Year ROE (%) Range
Min: -6.28   Max: 27.32
Current: 34.45

-6.28
27.32
ROA (%) 5.33
AIV's ROA (%) is ranked higher than
84% of the 659 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.07 vs. AIV: 5.33 )
AIV' s 10-Year ROA (%) Range
Min: -0.94   Max: 4.11
Current: 5.33

-0.94
4.11
ROC (Joel Greenblatt) (%) 4.84
AIV's ROC (Joel Greenblatt) (%) is ranked higher than
69% of the 584 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.00 vs. AIV: 4.84 )
AIV' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 0.25   Max: 7.29
Current: 4.84

0.25
7.29
Revenue Growth (%) -6.70
AIV's Revenue Growth (%) is ranked higher than
60% of the 540 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.00 vs. AIV: -6.70 )
AIV' s 10-Year Revenue Growth (%) Range
Min: -22.4   Max: 76.4
Current: -6.7

-22.4
76.4
EBITDA Growth (%) -4.80
AIV's EBITDA Growth (%) is ranked higher than
61% of the 499 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.00 vs. AIV: -4.80 )
AIV' s 10-Year EBITDA Growth (%) Range
Min: -47.3   Max: 83.4
Current: -4.8

-47.3
83.4
» AIV's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2013

AIV Guru Trades in Q3 2013

Manning & Napier Advisors, Inc 269,769 sh (+0.77%)
Ray Dalio Sold Out
Steven Cohen Sold Out
Jeremy Grantham 34,900 sh (-13.89%)
Jim Simons 361,185 sh (-67.97%)
» More
Q4 2013

AIV Guru Trades in Q4 2013

Jim Simons 665,285 sh (+84.2%)
Jeremy Grantham 34,900 sh (unchged)
Manning & Napier Advisors, Inc 246,759 sh (-8.53%)
» More
Q1 2014

AIV Guru Trades in Q1 2014

Louis Moore Bacon 14,368 sh (New)
Bill Ackman 3,749,393 sh (New)
Steven Cohen 15,079 sh (New)
Jim Simons 921,524 sh (+38.52%)
Manning & Napier Advisors, Inc 246,332 sh (-0.17%)
Jeremy Grantham 30,000 sh (-14.04%)
» More
Q2 2014

AIV Guru Trades in Q2 2014

Louis Moore Bacon 14,368 sh (unchged)
Bill Ackman Sold Out
Jim Simons 894,385 sh (-2.95%)
Jeremy Grantham 28,600 sh (-4.67%)
Manning & Napier Advisors, Inc 228,467 sh (-7.25%)
» More
» Details

Insider Trades

Latest Guru Trades with AIV

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Bill Ackman 2014-06-30 Sold Out 1.4%$29.11 - $32.54 $ 34.3911%0
Bill Ackman 2014-03-31 New Buy1.4%$25.72 - $31.09 $ 34.3920%3749393
Ray Dalio 2013-09-30 Sold Out $27.24 - $31.46 $ 34.3918%0
Ray Dalio 2013-06-30 New Buy$27.56 - $33.2 $ 34.3912%7568
Ken Heebner 2012-12-31 Sold Out 0.49%$24.3 - $26.99 $ 34.3934%0
Ken Heebner 2012-09-30 New Buy0.49%$25.9 - $28.27 $ 34.3928%750000
Ray Dalio 2011-12-31 Sold Out 0.0034%$20.29 - $26.8 $ 34.3952%0
Ray Dalio 2011-09-30 New Buy$21.99 - $27.97 $ 34.3933%10165
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Apartment Investment & Management Company

SymbolPriceYieldDescription
AIVPRZ27.006.81
AIVPRA0.002.756.875 % Cum Pfd Shs -A-

Top Ranked Articles about Apartment Investment & Management Company

Bill Ackman's New REITs
Pershing Square's Bill Ackman (Trades, Portfolio) finally jettisoned the remainder of one of his largest activist positions, the real estate investment trust (REIT) General Growth Properties (GGP) – a four-year project – in the first quarter. Though he ventured into the real estate space before, with holdings in Howard Hughes Corp (HHC) (current position) and Alexander & Baldwin Inc. (ALEX) (sold fourth quarter 2012), in the first quarter as he sold out General Growth, he added more exposure to REITs – known for their high dividend payments – with the acquisition of Apartment Investment & Management Company (AIV) (or Aimco) and Home Properties Inc. (HME). Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 15.30
AIV's P/E(ttm) is ranked higher than
79% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 24.80 vs. AIV: 15.30 )
AIV' s 10-Year P/E(ttm) Range
Min: 1.24   Max: 525.06
Current: 15.3

1.24
525.06
P/B 5.27
AIV's P/B is ranked lower than
75% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.27 vs. AIV: 5.27 )
AIV' s 10-Year P/B Range
Min: 0.5   Max: 17.06
Current: 5.27

0.5
17.06
P/S 5.16
AIV's P/S is ranked higher than
77% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 7.70 vs. AIV: 5.16 )
AIV' s 10-Year P/S Range
Min: 0.51   Max: 5.23
Current: 5.16

0.51
5.23
EV-to-EBIT 36.64
AIV's EV-to-EBIT is ranked higher than
69% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 32.85 vs. AIV: 36.64 )
AIV' s 10-Year EV-to-EBIT Range
Min: -539.5   Max: 484.8
Current: 36.64

-539.5
484.8
Shiller P/E 83.10
AIV's Shiller P/E is ranked higher than
64% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 9999.00 vs. AIV: 83.10 )
AIV' s 10-Year Shiller P/E Range
Min: 4.31   Max: 144.58
Current: 83.1

4.31
144.58
Current Ratio 0.58
AIV's Current Ratio is ranked higher than
61% of the 587 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.79 vs. AIV: 0.58 )
AIV' s 10-Year Current Ratio Range
Min: 0.31   Max: 1.3
Current: 0.58

0.31
1.3
Quick Ratio 0.58
AIV's Quick Ratio is ranked higher than
63% of the 587 Companies
in the Global REIT - Residential industry.

( Industry Median: 0.78 vs. AIV: 0.58 )
AIV' s 10-Year Quick Ratio Range
Min: 0.31   Max: 1.3
Current: 0.58

0.31
1.3

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.97
AIV's Dividend Yield is ranked lower than
73% of the 640 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.30 vs. AIV: 2.97 )
AIV' s 10-Year Dividend Yield Range
Min: 1.55   Max: 48.58
Current: 2.97

1.55
48.58
Dividend Payout 1.09
AIV's Dividend Payout is ranked higher than
66% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.27 vs. AIV: 1.09 )
AIV' s 10-Year Dividend Payout Range
Min: 0.29   Max: 62.5
Current: 1.09

0.29
62.5
Dividend growth (3y) 47.40
AIV's Dividend growth (3y) is ranked higher than
96% of the 419 Companies
in the Global REIT - Residential industry.

( Industry Median: 6.20 vs. AIV: 47.40 )
AIV' s 10-Year Dividend growth (3y) Range
Min: -50   Max: 85.4
Current: 47.4

-50
85.4
Yield on cost (5-Year) 11.06
AIV's Yield on cost (5-Year) is ranked higher than
89% of the 641 Companies
in the Global REIT - Residential industry.

( Industry Median: 4.82 vs. AIV: 11.06 )
AIV' s 10-Year Yield on cost (5-Year) Range
Min: 5.91   Max: 185.28
Current: 11.06

5.91
185.28
Share Buyback Rate -7.70
AIV's Share Buyback Rate is ranked higher than
73% of the 522 Companies
in the Global REIT - Residential industry.

( Industry Median: -7.00 vs. AIV: -7.70 )
AIV' s 10-Year Share Buyback Rate Range
Min: 14.4   Max: -72.1
Current: -7.7

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 5.26
AIV's Price/Tangible Book is ranked lower than
71% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.30 vs. AIV: 5.26 )
AIV' s 10-Year Price/Tangible Book Range
Min: 0.79   Max: 16.4
Current: 5.26

0.79
16.4
Price/DCF (Projected) 17.11
AIV's Price/DCF (Projected) is ranked higher than
58% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 7.40 vs. AIV: 17.11 )
AIV' s 10-Year Price/DCF (Projected) Range
Min: 1.77   Max: 248.43
Current: 17.11

1.77
248.43
Price/Median PS Value 1.59
AIV's Price/Median PS Value is ranked lower than
61% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.20 vs. AIV: 1.59 )
AIV' s 10-Year Price/Median PS Value Range
Min: 0.17   Max: 2.1
Current: 1.59

0.17
2.1
Price/Graham Number 2.24
AIV's Price/Graham Number is ranked lower than
51% of the 698 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.30 vs. AIV: 2.24 )
AIV' s 10-Year Price/Graham Number Range
Min: 0.21   Max: 7.17
Current: 2.24

0.21
7.17
Earnings Yield (Greenblatt) 2.70
AIV's Earnings Yield (Greenblatt) is ranked higher than
62% of the 598 Companies
in the Global REIT - Residential industry.

( Industry Median: 3.70 vs. AIV: 2.70 )
AIV' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 14.9
Current: 2.7

0.2
14.9
Forward Rate of Return (Yacktman) -1.86
AIV's Forward Rate of Return (Yacktman) is ranked higher than
68% of the 526 Companies
in the Global REIT - Residential industry.

( Industry Median: 1.95 vs. AIV: -1.86 )
AIV' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -75.5   Max: 15.2
Current: -1.86

-75.5
15.2

Business Description

Industry: REITs » REIT - Residential
Compare:PPS, EQR, AVB, AGNC, UDR » details
Traded in other countries:AIV.Germany
Apartment Investment & Management, or Aimco, is a Maryland corporation incorporated on January 10, 1994. It is a self-administered and self-managed real estate investment trust, or REIT, engaged in the ownership and operation of a diversified portfolio of apartment properties. Through its wholly-owned subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, owns a majority of the ownership interests in the Aimco Operating Partnership. The Company conducts substantially all of its business and owns substantially all of its assets through the Aimco Operating Partnership. Interests in the Aimco Operating Partnership are referred to as 'OP Units.' OP Units include common partnership units, high performance partnership units and partnership preferred units, which it refers to as common OP Units, HPUs and preferred OP Units, respectively. The Company's business is organized around two core activities: Property Operations and Portfolio Management. The Company's owned real estate portfolio is comprised of two business components: conventional and affordable property operations, which also comprise its reportable segments. The Company's conventional property operations consist of market-rate apartments with rents paid by the resident and included 175 properties with 55,879 units. The Company's property operations currently are organized into two geographic areas, the West and East. Portfolio management involves the ongoing allocation of investment capital to meet its geographic and product type goals. It targets geographic balance in its diversified portfolio in order to optimize risk-adjusted returns and to avoid the risk of undue concentration in any particular market. It also seeks to balance the portfolio by product type, with both high quality properties in excellent locations and also high land value properties that support redevelopment activities. The Company's portfolio strategy also focuses on asset type and quality.
» More Articles for AIV

Headlines

Articles On GuruFocus.com
Bill Ackman's New REITs May 23 2014 
4 Higher-Yield Stocks Increasing Their Yield Feb 04 2013 
52 Stocks Raised Dividends Last Week and Which to Buy | A Full Compilation Feb 03 2013 
This Stock Had a Double-Digit Yield Before Thursday's Increase Aug 06 2012 
Avalon Bay - This Stock Will Fall This Year Mar 07 2012 
The Best Stocks With Dividend Growth From Last Week 6/2012 Feb 11 2012 
Weekly CEO Sells Highlight: TPC, PLL, AIV, LULU Mar 27 2011 
Apartment Investment and Management Comp (AIV) Chairman & CEO Terry Considine sells 32,354 Shares Mar 08 2011 
Apartment Investment and Management Comp Reports Operating Results (10-K) Feb 25 2011 
Weekly CEO Sells Highlight: Autonation Inc., Arris Group Inc, Eaton Corp, and Apartment Investment & Feb 13 2011 

More From Other Websites
[video] Street Talk: BAX, PAYX, GGG, HSIC & AIV Oct 13 2014
Aimco Announces Dates for Third Quarter 2014 Earnings Release and Conference Call Oct 06 2014
Apartment Investment and Management Company Declares Dividends on Class A and Z Cumulative Preferred... Sep 10 2014
APARTMENT INVESTMENT & MANAGEMENT CO Files SEC form 8-K, Regulation FD Disclosure, Financial... Sep 10 2014
Aimco Riding on Growth Path with Portfolio Boosting Efforts Sep 08 2014
Aimco Announces Participation in Bank of America Merrill Lynch 2014 Global Real Estate Conference Sep 08 2014
Aimco (AIV) Stock Hits 52-Week High: Right Time to Buy It? Sep 04 2014
Select Income REIT (SIR) Crumbles: Stock Falls by 5.5% Sep 03 2014
Aimco's Annual Golf Event Raises $530,000 for Military and Educational Causes Aug 27 2014
Historic Lincoln Place Apartments has Grand Opening: $202 Million Rehabilitation Offers Modern... Aug 14 2014
Pershing Square Cuts Stakes in Beam, Apartment Investment, Home Properties Aug 14 2014
10 stocks enjoying the biggest increases in earnings estimates Aug 12 2014
APARTMENT INVESTMENT & MANAGEMENT CO Financials Aug 08 2014
APARTMENT INVESTMENT & MANAGEMENT CO Files SEC form 10-Q, Quarterly Report Aug 01 2014
Aimco Q2 FFO & Revenues Beat, Ups Lower End of 2014 Guidance Aug 01 2014
Aimco Reports Second Quarter 2014 Results, Raises Guidance Jul 31 2014
APARTMENT INVESTMENT & MANAGEMENT CO Files SEC form 8-K, Results of Operations and Financial... Jul 31 2014
Q2 2014 Apartment Investment & Management Earnings Release - After Market Close Jul 31 2014
Aimco Announces Quarterly Common Dividend Jul 30 2014
Aimco Hits 52-Week High on Improving Sector Fundamentals Jul 09 2014

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