APARTMENT INVESTMENT & MANAGEMENT CO (AIV)
Real Estate · Residential real estate investment trusts (REITs) · NYSE
Aimco is a real estate investment trust currently undergoing a full liquidation process to sell its apartment community portfolio and distribute net assets to shareholders.
What APARTMENT INVESTMENT & MANAGEMENT CO does
Apartment Investment & Management Company (Aimco) is a REIT that owns and operates apartment communities across the United States. As of early 2026, the company adopted a Plan of Sale and Liquidation, transitioning from ongoing operations to the systematic sale of its real estate assets and return of capital to stockholders. The company manages a portfolio of residential properties funded through non-recourse property debt and equity capital, though the business is now in wind-down mode focused on asset disposition rather than property growth.
Themes: Apartment real estate / residential REIT, Liquidation and asset disposition, Real estate debt financing
Fundamentals
- Price$2.53 as of 2026-08-26 close
- Market cap$364M as of 2026-08-26
- 1-year return-67.5% 2025-08-26 close $7.79 → 2026-08-26 close $2.53
- P/E0.68 as of 2026-08-27
- Net margin+316.8% as of 2026-08-27
- Gross margin+54.1% as of 2026-08-27
- ROE+354.0% as of 2026-08-27
- Debt / equity0.70 as of 2026-08-27
- Revenue growth (YoY)-16.2% as of 2026-08-27
- Revenue CAGR (3y)-10.1% SEC XBRL
- Beta1.25 as of 2026-08-27
- Last reported earnings2026-03-02 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield n/a — an indicated yield this high is not a forward yield — a stale or one-off dividend over the current price; 1-year non-decreasing per-share dividend streak (SEC XBRL).
How AIV compares in its sector
- price-to-earnings ratiobottom 10% 127 covered Real Estate peers, as of 2026-08-27
- net profit margintop 10% 161 covered Real Estate peers, as of 2026-08-27
- operating marginbottom 10% 161 covered Real Estate peers, as of 2026-08-27
- gross marginmiddle range 156 covered Real Estate peers, as of 2026-08-27
- return on equitytop 10% 162 covered Real Estate peers, as of 2026-08-27
- 3-year revenue CAGRbottom 10% 155 covered Real Estate peers
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, AIV's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 76%, operating-cash-flow payout 5135%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout76% dividends / net income
- Operating-cash-flow payout5135% dividends / operating cash flow — capital spending was not reported, so this does not subtract it
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How APARTMENT INVESTMENT & MANAGEMENT CO looks technically
APARTMENT INVESTMENT & MANAGEMENT CO (AIV) is trading 42.5% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 345 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 36, with sellers in control. Momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 27, in oversold territory (below 30). It just made a new 20-day low, breaking below its recent trading range. It is trading right at its lowest price of the past year (its 52-week low). Trading volume is running unusually high — about 2.7× its 30-day average, a sign of heightened interest.
Trend
8
| Distance from the 200-day | it is trading 42.5% below its 200-day average, the long-term trend line — a long-term downtrend | -42.5% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $2.74 | $2.74 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $4.40 | $4.40 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 23 calendar days ago — the swings before that are what the structure reading is measured on | 23 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 5 of five; the labelling fails if price closes above 2.73. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible downward five-wave sequence, in wave 5 (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 345 trading days ago — a "death cross", a bearish long-term signal | 345 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 36, with sellers in control | 36.2 |
Momentum
3
| 14-day RSI | momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 27, in oversold territory (below 30) | 26.9 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($2.52 to $2.69) — its "stochastic" reading is 6 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 5.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 43 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $8.03 | $8.03 |
|---|---|---|
| From the 52-week high | it is 68.5% below its 52-week high (its highest price of the past year) | -68.5% |
| Above the 52-week low | it is trading right at its lowest price of the past year (its 52-week low) | +0.4% |
| Below the 52-week high | it is 68.5% below its highest point of the past year | 68.5% |
| Since a 20-day breakout | it just made a new 20-day low, breaking below its recent trading range | 1 session |
| Since a 55-day breakout | it just made a new 55-day low, breaking below its recent trading range | 1 session |
| All-time high | its highest closing price on record is $9.79 (set on 2022-08-12) | $9.79 |
| Given back of the 52-week move | over the past year its closes ranged ($2.53 to $7.93), and it has recovered essentially none of its fall from last year’s high — 0% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $5.87 to $6.04. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 0.0% |
| From the all-time high | it is 74.2% below its all-time high | -74.2% |
| Nearest price level | it is trading 12.8% below a resistance level at $2.85 — a price it turned at twice since 2026-06-15, most recently on 2026-06-25. Since 2024-08-26 it has 0 such levels below the current price and 12 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +12.8% |
| All-time low | its lowest closing price on record is $0.607 (set on 2009-03-06) | $0.607 |
| Above the all-time low | it is 316.8% above its all-time low | +316.8% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 77% of it) | 23rd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.0509 between its high and its low — about 2.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.0509 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $2.55 and $2.70 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $2.55 – $2.63 – $2.70 |
| Typical daily range (% of price) | its price moves about 2.0% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.0% |
| Stretch from the 200-day average | it is trading 36.7 daily ranges below its 200-day average price (42.5% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 36.7 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is running unusually high — about 2.7× its 30-day average, a sign of heightened interest | 2.66× |
|---|
Candlestick patterns
1
| Since a doji | 1 session ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 1 session ago |
|---|
Price gaps
2
| Gap at the open | it opened on 2026-08-26 0.4% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.4% |
|---|---|---|
| Gap filled | a 2.0% gap down opened on 2026-06-11 has been "filled" 44 sessions ago — price traded back through the level the gap left behind, and it took 8 sessions to close | 44 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 3 sessions in a row, a -3.44% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 3 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 7.8 percentage points (the stock lost 4.2% while the market gained 3.7%) | -7.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 42.0 percentage points (the stock lost 39.9% while the market gained 2.1%) | -42.0% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 67.5 percentage points (the stock lost 56.4% while the market gained 11.1%) | -67.5% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 86.3 percentage points (the stock lost 67.5% while the market gained 18.7%) | -86.3% |
Signal agreement
2
| Bullish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bullish state: its RSI momentum gauge is oversold (a beaten-down reading), MACD momentum is positive, near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 3 of 9 |
|---|---|---|
| Bearish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 9.1% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-21 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 27.4% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -9.1% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 42% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $4.39 — a volume-weighted average of daily closes over 161 sessions, not a true tick-by-tick VWAP. | -42.3% |
|---|---|---|
| Vs the average paid since it last reported | the price is 30% below the average price paid since it last reported on 2026-03-02 (its 10-K), so the typical buyer over that stretch is under water. That average is $3.64 — a volume-weighted average of daily closes over 122 sessions, not a true tick-by-tick VWAP. | -30.5% |
Price levels it has turned at before
AIV last closed at $2.53 on 2026-08-26. Since 2024-08-26 it has turned at 0 prices below its last close and 12 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $2.85 | Resistance | 12.8% above the last close | turned there twice · 2026-06-15 to 2026-06-25 |
| $4.16 | Resistance | 64.4% above the last close | turned there twice · 2026-05-15 to 2026-05-26 |
| $4.30 | Resistance | 69.9% above the last close | turned there three times · 2026-04-20 to 2026-06-03 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 5 of five.
This labelling fails — stops being a possible reading at all — if it closes above $2.73.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $0.3475 and $1.82 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-26.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Oversold (14-day RSI below 30) · Near the 52-week low · Pulled back from the 12-month high · Unusually heavy trading volume · Broke down to a new 20-day low | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-26. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Liquidation timing and execution risk: the Plan of Sale and Liquidation may not be completed as planned, or asset sales may occur at lower-than-expected prices, reducing or delaying distributions to stockholders.","Economic and rent collection risk: adverse economic conditions, inflation, interest rate changes, and tenant payment disruptions could reduce net operating income and asset values during liquidation.","Real estate illiquidity and covenant constraints: the company faces challenges in timely sale of apartment properties; covenant restrictions and financing obligations could limit operations and distribution capacity."]
What changed in the latest 10-Q
AI-assisted comparison of AIV's 10-Q filed 2026-05-11 against the prior one filed 2025-11-10.
Management's Discussion & Analysis (MD&A)
- Added:
- Added reference to 'our ability to complete the plan of sale and liquidation of Aimco and its subsidiaries, including our ability to successfully market and/or sell the remaining assets' (2026-05-11)
- Added 'on the terms and timeline anticipated, or at all' regarding asset sales (2026-05-11)
- Added detailed language about 'Portfolio Sales Transactions' including satisfaction or waiver of closing conditions (2026-05-11)
- Added 'changes in the net asset sales proceeds for the sale of the remaining properties from prior estimates or other unanticipated difficulties' (2026-05-11)
- Added 'the response of our residents, tenants and business partners to the Plan of Sale and Liquidation and/or Portfolio Sales Transactions' as a risk (2026-05-11)
- Added 'difficulties in employee retention as a result of the ongoing Plan of Sale and Liquidation and/or Portfolio Sales Transactions' (2026-05-11)
- Added 'the outcome of legal proceedings that may be instituted against Aimco, our subsidiaries, our and their directors and others related to the Plan of Sale and Liquidation and/or Portfolio Sales Transactions' (2026-05-11)
- Added 'the risk that disruptions caused by or relating to the Plan of Sale and Liquidation and/or Portfolio Sales Transactions will harm our business, including current plans and operations' (2026-05-11)
- Added 'the possibility that we do not reserve adequate funds to cover expenses and liabilities, and the possibility that our creditors, in that instance, could seek repayment from our stockholders up to the amount of the total liquidating distributions' (2026-05-11)
- Added 'risks relating to the market value of Aimco's common stock' (2026-05-11)
- Added 'risks associated with contracts or other instruments containing consent and/or other provisions that may be triggered by the Plan of Sale and Liquidation and/or Portfolio Sales Transactions' (2026-05-11)
- Added 'restrictions during the pendency of the Portfolio Sale Transactions that may impact our ability to pursue certain business opportunities or strategic transactions' (2026-05-11)
- Added 'our ability to remain listed on the NYSE' (2026-05-11)
- Added 'the timing and effects of dispositions and developments' in risk section (2026-05-11)
- Removed:
- Removed 'our plans to form joint ventures' from forward-looking statements (2026-05-11)
- Removed 'our plans for new acquisitions or dispositions' and replaced with 'our plans for dispositions' (2026-05-11)
- Removed 'and redevelopments' after 'dispositions, developments' (2026-05-11)
- Removed 'development and redevelopment investments' and replaced with 'development investments' (2026-05-11)
- Removed 'and the use of proceeds thereof' after 'expectations regarding sales of our apartment communities' in risk section (2026-05-11)
- Removed 'the risk that the 2025 plans and goals may not be completed, as expected, in a timely manner or at all' (2026-05-11)
- Removed 'the possibility that Aimco's stockholders do not approve the Plan of Sale and Liquidation' (2026-05-11)
- Removed 'the ability of our Board to terminate the Plan of Sale and Liquidation, whether or not approved by stockholders' and replaced with 'the ability of our board of directors to terminate the Plan of Sale and Liquidation' (2026-05-11)
- Removed reference to 'Internal Revenue Code of 1986, as amended' being spelled out as 'Code' in the opening paragraph (2026-05-11)
- Reworded:
- Changed 'cost' to 'unexpected levels of transaction costs' in transaction cost language (2026-05-11)
- Changed 'timing and effects of acquisitions, dispositions, developments and redevelopments' to 'timing and effects of dispositions and developments' in risk factors (2026-05-11)
- Clarified Code reference: older version uses 'Code' without full definition in risk section; newer version provides full 'Internal Revenue Code of 1986, as amended ("Code")' in opening paragraph (2026-05-11)
- Changed Board reference from 'our Board' to 'our board of directors' (2026-05-11)
- Notes:
- Comparison based on provided text excerpts; both filings appear to continue beyond the provided excerpts with 'Readers should carefully review...'
- The changes reflect a shift in emphasis from general acquisition/disposition/development planning to specific focus on liquidation plan execution and portfolio sales transactions
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for AIV — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
AIV had 2,628,992 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
AIV had 1.83% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 2.8 days to cover at the same settlement.
- Reported short interest (shares) 2,628,992
- Short interest (% of shares outstanding) 1.83%
- Prior settlement (shares) 2,532,668
- Reported change 3.8%
- Days to cover (reported) 2.8
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Equity Residential (EQR)
- AvalonBay Communities (AVB)
- Camden Property Trust (CPT)
- Essex Property Trust (ESS)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does APARTMENT INVESTMENT & MANAGEMENT CO (AIV) do?
Apartment Investment & Management Company (Aimco) is a REIT that owns and operates apartment communities across the United States. As of early 2026, the company adopted a Plan of Sale and Liquidation, transitioning from ongoing operations to the systematic sale of its real estate assets and return of capital to stockholders.
What sector is APARTMENT INVESTMENT & MANAGEMENT CO (AIV) in?
APARTMENT INVESTMENT & MANAGEMENT CO (AIV) is classified in the Real Estate sector. Its industry is Residential real estate investment trusts (REITs). It trades on NYSE.
Does AIV pay a dividend?
Yes — APARTMENT INVESTMENT & MANAGEMENT CO (AIV) pays a dividend, with 1-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-08-27). Informational only — not financial advice.
Who are APARTMENT INVESTMENT & MANAGEMENT CO's (AIV) competitors?
Notable peers of APARTMENT INVESTMENT & MANAGEMENT CO (AIV) include Equity Residential, AvalonBay Communities, Camden Property Trust and Essex Property Trust. This peer set is informational only — not financial advice.
Is APARTMENT INVESTMENT & MANAGEMENT CO (AIV) overbought or oversold right now?
APARTMENT INVESTMENT & MANAGEMENT CO (AIV) is currently in oversold territory (its 14-day RSI is 27, below 30) (as of 2026-08-26). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AIV come from?
Fundamentals and prices come from market data, as of 2026-08-27; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-27. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-26.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.