Apartment Income REIT Corp (AIRC) Stock

DelistedNYSE: AIRCApartment Income REIT Corp (NYSE: AIRC) is a publicly traded, self-administered real estate investment trust ("REIT").

39.09
Final close · Jun 26, 2024

AIRC is no longer traded. Apartment Income REIT was taken private by Blackstone (BX) on June 27, 2024.

Each AIRC share was exchanged for $39.12 in cash. Prices on this page are historical; the last trade was June 26, 2024 at $39.09.

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Apartment Income REIT stock price history

Split-adjusted closes, 2020–2024

AIRC final trading statistics

Final close
$39.09
Final trading day
Jun 26, 2024
Market cap at delisting
$5.67B
Shares outstanding
145.10M
Final 52-week range
$28.22 – $39.09
Avg. volume (final 3 mo.)
4,046,605
All-time high (split-adj.)
$49.81 · Apr 2022
All-time low (split-adj.)
$27.72 · Nov 2023
Return since IPO
+19.2%
Beta
0.77
Book value / share
$15.69
Price / book
2.49
Final 52 wk
28.2239.09

Apartment Income REIT earnings per share

Earnings per share

Apartment Income REIT revenue & net income

RevenueNet income

Apartment Income REIT annual financials

Fiscal yearRevenueNet incomeEPS
FY2023$820.04M$635.1M-$0.40
FY2022$773.72M$904.4M$3.21
FY2021$740.85M$447.6M$0.40
FY2020$719.56M-$114.6M$1.16
FY2019$914.29M$474.1M$2.28

Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.

About Apartment Income REIT Corp

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.

Apartment Income REIT stock FAQ

What happened to Apartment Income REIT stock?

Apartment Income REIT was taken private by Blackstone (BX) on June 27, 2024. Shareholders received $39.12 in cash for each share. AIRC stock stopped trading on the NYSE, with a final close of $39.09 on June 26, 2024.

What did Apartment Income REIT shareholders receive?

Each AIRC share was converted into $39.12 in cash. The deal was valued at about $10 billion.

Is AIRC stock still trading?

No. AIRC was delisted from the NYSE on June 27, 2024 and no longer trades on a U.S. exchange.

What was the last price of AIRC stock?

AIRC closed at $39.09 on its final trading day, June 26, 2024, for a market value of about $5.67B.

What were Apartment Income REIT's revenue and earnings in its last full fiscal year?

Apartment Income REIT reported revenue of $820.04M and net income of $635.1M in fiscal 2023, its last full year as a public company.

When did Apartment Income REIT go public?

Apartment Income REIT Corp stock began trading on December 15, 2020.

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