AIVApartment Investment and Management Company
The Read
AIV’s stock rallied nearly 28% after Q2 2026 earnings met estimates and liquidation updates reassured investors, but then plunged about 26% following a Q4 EPS miss and formal liquidation plan, and later stabilized with muted moves as Q1 2026 results met expectations without surprises.
The schedule
- Fri6Nov
- Sun14Feb
- Mon10May
- Fri6Aug
Past
- Fri18Sep
Actual outcome: Bear · $1.67 at outcome
AIV reported earnings below expectations and provided weaker-than-anticipated guidance, leading to a sharp sell-off. The results signaled underperformance relative to sector peers and raised concerns about near-term profitability and growth prospects. [Market retrospective · Medium-Term (11–30 days)] Updated observation 2026-10-09: -29.7% from 2026-08-27 (~3.8σ). Target date 2026-09-25 reached; move through 2026-10-09 observed. [Market retrospective · Medium-Term (11–30 days)] Updated observation 2026-10-12: -29.7% from 2026-08-27 (~3.7σ). Target date 2026-09-25 reached; move through 2026-10-12 observed. [Market retrospective · Medium-Term (11–30 days)] Updated observation 2026-10-13: -31.1% from 2026-08-31 (~3.9σ). Target date 2026-09-25 reached; move through 2026-10-13 observed. [Market retrospective · Medium-Term (11–30 days)] Updated observation 2026-10-14: -34.7% from 2026-09-01 (~4.3σ). Target date 2026-09-25 reached; move through 2026-10-14 observed.
AIV reported earnings below expectations and provided weaker-than-anticipated guidance, leading to a sharp sell-off. The results signaled underperformance relative to sector peers and raised concerns about near-term profitability and growth prospects. [Market retrospective · Medium-Term (11–30 days)] Updated observation 2026-10-09: -29.7% from 2026-08-27 (~3.8σ). Target date 2026-09-25 reached; move through 2026-10-09 observed. [Market retrospective · Medium-Term (11–30 days)] Updated observation 2026-10-12: -29.7% from 2026-08-27 (~3.7σ). Target date 2026-09-25 reached; move through 2026-10-12 observed. [Market retrospective · Medium-Term (11–30 days)] Updated observation 2026-10-13: -31.1% from 2026-08-31 (~3.9σ). Target date 2026-09-25 reached; move through 2026-10-13 observed. [Market retrospective · Medium-Term (11–30 days)] Updated observation 2026-10-14: -34.7% from 2026-09-01 (~4.3σ). Target date 2026-09-25 reached; move through 2026-10-14 observed.
- Fri7Aug
Actual outcome: Bear · $2.62 at outcome
AIV reported earnings in line with expectations, but the stock fell 1.5% following the earnings release. The price closed below the bear floor of $2.65, indicating continued investor concern about the company's financial position and future prospects.
The next mandatory earnings report will provide the first full financial look following the June 2026 shareholder approval of the Plan of Sale and Liquidation.
- Fri19Jun
Actual outcome: Mixed · $2.92 at outcome
The shareholder vote on the proposed Plan of Sale and Liquidation resulted in a minimal 0.7% price movement. This flat reaction suggests the outcome of the vote was already priced into the stock, with investors now awaiting concrete progress on the multifamily portfolio sell-off and clarity on the final distribution proceeds.
A pivotal shareholder vote on the proposed Plan of Sale and Liquidation. Approval will lock in a strategy to sell off the multifamily portfolio and distribute proceeds, potentially closing the gap to NAV.
- Mon11May
Actual outcome: Mixed · $4.24 at outcome
AIV reported Q1 2026 EPS of $2.15, exactly meeting consensus estimates. With earnings coming in line with expectations and no major surprises regarding the initial liquidation progress, the market reaction was muted, resulting in a slight 1.9% decline as the stock consolidated.
Q1 2026 results and management’s first detailed update on execution of the Plan of Sale and Liquidation, including any early asset dispositions, cost actions, and updated views on normalized FFO at Apartment Investment and Management Company around $4.07.
- Mon2Mar
Actual outcome: Bear · $4.35 at outcome
Aimco reported a massive Q4 EPS miss of -$0.60 versus the -$0.11 estimate, failing to demonstrate the normalized profitability investors sought following previous one-time asset gains. The stock's 21% decline was driven by this fundamental underperformance and the formalization of its Plan of Sale and Liquidation, which led to a 'sell' rating from analysts and a drop to new 52-week lows well below the bear floor.
