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Apartment Income REIT - AIRC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $36.59
  • Forecasted Upside: -4.59%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 8 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$38.35 As of 04/17/2024 01:00 AM ET
▲ +0.05 (0.13%)

This chart shows the closing price for AIRC by one month, three months, or twelve months.

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Analyst Price Target for AIRC

Analyst Price Target is $36.59
▼ -4.59% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Apartment Income REIT in the last 3 months. The average price target is $36.59, with a high forecast of $39.12 and a low forecast of $31.00. The average price target represents a -4.59% upside from the last price of $38.35.

This chart shows the closing price for AIRC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 9 contributing investment analysts is to hold stock in Apartment Income REIT. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
10/26/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
1/24/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
4/24/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
7/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
1/19/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
3/19/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
Ratings as of
4/18/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/11/2024Wolfe ResearchReiterated RatingOutperform ➝ Peer PerformLow
4/11/2024WedbushReiterated RatingOutperform ➝ Neutral$35.00 ➝ $39.00Low
4/9/2024Truist FinancialLower TargetBuy ➝ Buy$40.00 ➝ $37.00Low
4/9/2024BMO Capital MarketsReiterated RatingOutperform ➝ Market Perform$36.00 ➝ $39.12Low
4/8/2024Janney Montgomery ScottReiterated RatingBuy ➝ NeutralLow
3/18/2024Raymond JamesDowngradeOutperform ➝ Market PerformLow
2/28/2024MizuhoDowngradeBuy ➝ Neutral$37.00 ➝ $31.00Low
2/22/2024The Goldman Sachs GroupReiterated RatingNeutral$34.00Low
10/24/2023Raymond JamesInitiated CoverageOutperform$37.00Low
10/3/2023WedbushInitiated CoverageOutperform$37.00Low
9/26/2023MizuhoLower TargetBuy ➝ Buy$40.00 ➝ $33.00Low
8/28/2023Truist FinancialUpgradeHold ➝ Buy$44.00Low
8/21/2023JPMorgan Chase & Co.Lower TargetNeutral ➝ Neutral$41.00 ➝ $39.00Low
7/18/2023BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$39.00 ➝ $42.00Low
7/7/2023Truist FinancialBoost Target$39.00 ➝ $41.00Low
6/28/202392 ResourcesReiterated RatingReiteratesLow
5/19/2023MizuhoLower Target$45.00 ➝ $40.00Low
3/15/2023BMO Capital MarketsUpgradeUnderperform ➝ Market Perform$39.00Low
2/23/2023MizuhoBoost TargetBuy$41.00 ➝ $45.00Low
1/23/2023Wolfe ResearchInitiated CoverageOutperform$39.00Low
12/8/2022The Goldman Sachs GroupUpgradeSell ➝ Buy$39.00 ➝ $43.00N/A
12/1/2022JPMorgan Chase & Co.Lower Target$42.00Low
11/29/2022CitigroupLower TargetBuy$47.00 ➝ $42.00Low
11/29/2022Truist FinancialLower TargetHold$48.00 ➝ $39.00Low
11/10/2022MizuhoLower TargetBuy$46.00 ➝ $40.00Low
10/19/2022Jefferies Financial GroupLower TargetHold$44.00 ➝ $39.00Low
10/18/2022The Goldman Sachs GroupLower TargetSell$45.00 ➝ $39.00Low
9/19/2022MizuhoBoost TargetBuy$45.00 ➝ $46.00Low
8/19/2022BMO Capital MarketsDowngradeMarket Perform ➝ Underperform$43.00Low
7/22/2022Jefferies Financial GroupDowngradeBuy ➝ Hold$44.00Low
6/30/2022Jefferies Financial GroupLower TargetBuy$50.00 ➝ $47.00Low
6/27/2022MizuhoLower TargetBuy$59.00 ➝ $45.00Low
6/24/2022Truist FinancialLower TargetHold$49.00 ➝ $45.00Low
5/25/2022Truist FinancialLower TargetHold$58.00 ➝ $49.00Low
5/19/2022ScotiabankLower Target$56.00 ➝ $53.00Medium
5/9/2022BTIG ResearchInitiated CoverageNeutralHigh
2/16/2022MizuhoLower TargetBuy$62.00 ➝ $59.00Low
1/20/2022MizuhoBoost Target$55.00 ➝ $62.00Medium
1/18/2022Truist FinancialBoost Target$56.00 ➝ $59.00Low
1/10/2022Jefferies Financial GroupUpgradeHold ➝ Buy$52.00 ➝ $63.00Medium
12/14/2021CitigroupUpgradeNeutral ➝ Buy$52.00 ➝ $60.00Medium
12/6/2021Truist FinancialBoost TargetHold ➝ Hold$53.00 ➝ $56.00Medium
9/29/2021MizuhoBoost TargetBuy$53.00 ➝ $55.00Medium
9/23/2021The Goldman Sachs GroupInitiated CoverageSell$50.00Low
8/16/2021Truist FinancialBoost TargetHold$49.00 ➝ $53.00Medium
6/3/2021MizuhoUpgradeNeutral ➝ Buy$53.00Low
3/23/2021Zelman & AssociatesUpgradeSell ➝ HoldLow
3/15/2021MizuhoBoost TargetNeutral$30.00 ➝ $45.00High
1/29/2021GuggenheimInitiated CoverageBuy$63.00Low
1/29/2021CitigroupInitiated CoverageNeutral$40.00Low
1/22/2021Truist FinancialDowngradeBuy ➝ Hold$40.00 ➝ $41.00Medium
1/12/2021Jefferies Financial GroupInitiated CoverageHold$35.00Low
1/7/2021The Goldman Sachs GroupInitiated CoverageNeutral$40.00N/A
1/6/2021Janney Montgomery ScottInitiated CoverageBuy$40.00N/A
12/31/2020JPMorgan Chase & Co.Initiated CoverageNeutral$43.00N/A
12/30/2020JPMorgan Chase & Co.Initiated CoverageNeutral$43.00 ➝ $43.00N/A
12/22/2020ScotiabankInitiated CoverageHold ➝ Sector Perform$39.00N/A
12/18/2020MizuhoInitiated CoverageNeutral$40.00High
12/17/2020Zelman & AssociatesInitiated CoverageSellLow
12/16/2020Truist FinancialInitiated CoverageBuyN/A
(Data available from 4/18/2019 forward)

News Sentiment Rating

0.54 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 9 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2023
  • 3 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2023
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2023
  • 8 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2023
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/19/2024
  • 9 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
2/18/2024
  • 14 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2024
  • 11 very positive mentions
  • 27 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/18/2024

Current Sentiment

  • 11 very positive mentions
  • 27 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Apartment Income REIT logo
Apartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust (REIT). AIR's portfolio comprises 76 communities totaling 27,010 apartment homes located in 10 states and the District of Columbia. AIR offers a simple, predictable business model with focus on what we call the AIR Edge, the cumulative result of our focus on resident selection, satisfaction, and retention, as well as relentless innovation in delivering best-in-class property management. The AIR Edge is a durable operating advantage in driving organic growth, as well as making possible the opportunity for excess returns for properties new to AIR's platform.
Read More

Today's Range

Now: $38.35
Low: $38.30
High: $38.38

50 Day Range

MA: $32.57
Low: $30.12
High: $38.42

52 Week Range

Now: $38.35
Low: $28.22
High: $38.68

Volume

2,678,408 shs

Average Volume

2,184,821 shs

Market Capitalization

$5.56 billion

P/E Ratio

9.07

Dividend Yield

4.69%

Beta

0.9

Frequently Asked Questions

What sell-side analysts currently cover shares of Apartment Income REIT?

The following sell-side analysts have issued stock ratings on Apartment Income REIT in the last year: 92 Resources Corp, BMO Capital Markets, Janney Montgomery Scott, JPMorgan Chase & Co., Mizuho, Raymond James, The Goldman Sachs Group, Inc., TheStreet, Truist Financial Co., Wedbush, and Wolfe Research.
View the latest analyst ratings for AIRC.

What is the current price target for Apartment Income REIT?

7 Wall Street analysts have set twelve-month price targets for Apartment Income REIT in the last year. Their average twelve-month price target is $36.59, suggesting a possible downside of 4.6%. BMO Capital Markets has the highest price target set, predicting AIRC will reach $39.12 in the next twelve months. Mizuho has the lowest price target set, forecasting a price of $31.00 for Apartment Income REIT in the next year.
View the latest price targets for AIRC.

What is the current consensus analyst rating for Apartment Income REIT?

Apartment Income REIT currently has 8 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in AIRC, but not buy more shares or sell existing shares.
View the latest ratings for AIRC.

What other companies compete with Apartment Income REIT?

Other companies that are similar to Apartment Income REIT include Americold Realty Trust, Kilroy Realty, CubeSmart, Ventas and Maui Land & Pineapple. Learn More about companies similar to Apartment Income REIT.

How do I contact Apartment Income REIT's investor relations team?

The company's listed phone number is 303-757-8101 and its investor relations email address is [email protected]. The official website for Apartment Income REIT is www.aircommunities.com. Learn More about contacing Apartment Income REIT investor relations.