Even as the S&P 500 reaches new highs, some investors view small-cap value stocks as the best option for long-term growth. Concerns are growing about the concentration of investments in index-based stocks. For instance, S&P 500 investors increasingly depend on mega-cap companies like Nvidia (NASDAQ:NVDA) to drive higher benchmarks. This reliance is a double-edged sword; a few missteps by these companies could significantly impact an entire portfolio. In contrast, small-cap value stocks offer two key advanta ...

Ajax9 Investing in rental properties is a very popular way to compound wealth over the long term because it enjoys numerous benefits that deliver attractive long-term total returns for investors. First of all, you get a steady passive income stream due to the monthly rent checks that come in from your tenants. Second, over the long term, real estate, especially in regions with strong population growth trends, tends to appreciate. This appreciation, combined with the income stream, delivers attractive to ...

NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: Southern California Bancorp (NASDAQ:BCAL) c ...

REIT Performance Overview - April was a challenging month for the stock market, with equity REITs averaging a total return of -4.27%, slightly outperforming the Dow Jones Industrial Average (-4.9%) and NASDAQ (-4.4%), but underperforming the S&P 500 (-4.1%) [2] - The Vanguard Real Estate ETF (VNQ) experienced a decline of -7.94% in April and has underperformed year-to-date with a return of -9.12% [2] - The spread between the 2024 FFO multiples of large cap REITs (15.8x) and small cap REITs (12.2x) narrowed, with investors currently paying an average of 29.5% more for large cap REITs [2][24] Performance by Market Capitalization - Micro cap (-2.71%) and small cap REITs (-2.87%) outperformed large caps (-5.99%) and mid-caps (-5.36%) in April [6] - Small caps have outperformed large caps by 64 basis points through the first third of 2024 [6] Property Type Performance - Only 17% of REIT property types averaged a positive total return in April, with a 17.6% total return spread between the best (Multifamily +3.73%) and worst (Timber -13.89%) performing property types [7] - Multifamily REITs were led by Apartment Income REIT (AIRC) which saw a return of +18.20% following acquisition news by Blackstone [7] - Timber REITs faced significant declines, with Weyerhaeuser (WY) dropping -15.98% [7] Year-to-Date Performance - Year-to-date, Infrastructure (-31.08%) and Land (-15.23%) have shown the worst performance among property types, while Advertising (+13.10%) and Single Family Housing (+7.21%) are among the few in positive territory [9] - The average REIT has a year-to-date return of -7.65% [9] Valuation Metrics - The average P/FFO for the REIT sector decreased from 13.4x to 12.8x in April, with 88.9% of property types experiencing multiple contraction [9] - Land (28.3x) and Data Centers (23.5x) currently trade at the highest average multiples among REIT property types [9] Individual Securities Performance - Pennsylvania REIT (OTC:PRETQ) had a total return of +19.57% for 2024 despite being delisted [12] - CorEnergy Infrastructure Trust (OTCPK:CORRQ) saw a significant increase of +98.02% in April, but remains down -94.29% year-to-date [12] - Only 21.29% of REITs had a positive total return in April, mirroring the overall sector's performance [12] Dividend Yield Insights - High dividend yields are a key attraction for investors in the REIT sector, with many REITs trading below their NAV, leading to attractive yields [15] - A table ranking equity REITs by dividend yield shows Global Net Lease, Inc. at the top with a yield of 20.4% [16] Monthly Dividend Payers - A list of monthly dividend-paying REITs includes Gladstone Commercial Corporation (9.0%) and EPR Properties (8.4%) [21] Bankruptcy Trends - Bankruptcy filings increased by 34.7% in April 2023 compared to the previous month, indicating ongoing challenges in the sector [26]

Group 1: Small-Cap Value Stocks - The S&P 500 is increasingly driven by mega-cap stocks, raising concerns about index concentration and portfolio vulnerability [1] - Small-cap value stocks are seen as a better long-term growth option due to their adaptability and potential for capital preservation [1] - These stocks provide solid income and dividends, making them attractive for diversifying risks away from dominant stocks [1] Group 2: Apartment Income REIT (AIRC) - AIRC has strategically focused on high-demand multifamily properties in urban areas, leading to high occupancy rates and regular rent increases [2][3] - The company has reduced its property holdings from 300 in 2008 to 75 today, enhancing growth potential and resilience against interest rate fluctuations [3] - AIRC offers a forward yield of 4.6%, making it a strong option for diversification among small-cap value stocks [3] Group 3: Cricut (CRCT) - Cricut's revenue declined by 8% in Q1 2024, but the company benefits from higher paid subscriber rates and machine sales [5] - A special one-time dividend of $0.40 was announced, providing an immediate incentive for investors [6] - The company is expected to see a sales bump as new users replenish crafting supplies [5] Group 4: Medifast (MED) - Medifast reported $0.76 earnings per share in Q1 and has a cash reserve of $150 million with zero debt [7][8] - The company is focusing on a holistic approach to customer management, indicating a year of investment for future growth [8] - Despite a high dividend yield, long-term growth potential remains strong [8] Group 5: Connexa Sports Technologies (YYAI) - Connexa is trading at a low valuation of 0.05x sales, targeting niche sports markets with unique equipment [10] - The stock has seen a 260% increase since January due to new strategic investors, indicating strong momentum [11] - The company is well-positioned for growth as interest in outdoor sports increases [10] Group 6: Garrett Motion (GTX) - Garrett Motion trades at 7x earnings and 0.5x sales, focusing on green tech and sustainable driving solutions [12] - Despite a 6% drop in quarterly sales, the company maintains stable annual sales and healthy margins [13] - Garrett Motion is viewed as undervalued, with potential for growth as automakers adjust their EV strategies [13] Group 7: Costamare (CMRE) - Costamare trades at 0.6x book value and 6x earnings, with over 87% of its fleet booked for the year [15][16] - The company is adjusting operations by divesting smaller ships and acquiring larger vessels to enhance efficiency [15] - A total yield of 6% is offered, split between buybacks and distributions, appealing to shareholders [16] Group 8: Steelcase (SCS) - Steelcase reported a net income of $30.8 million, more than double the previous year, with steady sales around $800 million [17] - The company aims for 5-7% annual sales growth and a 5% free cash flow margin over the next five years [18] - Significant debt reduction has improved liquidity and reduced interest costs, positioning Steelcase as a top small-cap value stock [18]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ Form 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 APARTMENT INCOME REIT CORP. APARTMENT INCOME REIT, L.P. (Exact name of registrant as specified in its charter) | Maryland (Apartment ...

Apartment Income REIT (NYSE:AIRC) stock is rising higher on Monday following news that Blackstone (NYSE:BX) is taking the real estate investment trust (REIT) private. According to a press release from the company, Blackstone will acquire all outstanding shares of AIRC stock for $39.12 each. That represents a 25% premium to the stock's previous closing price and its 30-day volume weighted average share price. The total value of this deal is $10 billion and it has the unanimous support of the Apartment Income ...

Core Viewpoint - Apartment Income REIT Corp. (AIRC) is enhancing its apartment communities by adding four new retailers, which is expected to improve tenant attraction and living experience [1][3]. Group 1: New Retailers - The four new retailers include Spinelli's Market, Milieu Fermentation, Sable and Siren Hair Co., and WOW Scrubs, offering a variety of services to residents and the community [1][2]. - Spinelli's Market is known for its award-winning sandwiches and will provide fresh produce and ready-to-heat entrees [2]. - Milieu Fermentation specializes in artisanal beers and aims to create a unique taproom experience [2]. - Sable and Siren Hair Co. is a full-service hair salon operated by a 15-year industry veteran [2]. - WOW Scrubs will sell high-quality medical scrubs and related items [2]. Group 2: Market Impact - Following the announcement of the new retailers, AIRC's shares increased by 3.6% on the NYSE [1]. - The addition of these retailers is expected to enhance the living experience for residents and contribute to the community's vibrancy [3]. - AIRC's focus on development projects in key markets is seen as a positive factor for generating annual net operating income [3]. Group 3: Market Performance - Over the past three months, AIRC's shares have declined by 5.1%, while the industry has seen a slight decline of 0.5% [3]. - The company currently holds a Zacks Rank 4 (Sell), indicating potential concerns in the residential real estate market and elevated interest rates [3].

AURORA, Colo.--(BUSINESS WIRE)--Apartment Income REIT Corp. (NYSE: AIRC) ("AIR" or "AIR Communities") is thrilled to announce the arrival of four new retailers at 21 Fitzsimons and The Fremont, two premier apartment communities located at the heart of the Anschutz Medical Campus. These exciting additions will offer a diverse range of services, catering to the needs of residents, nearby workers, and the greater community. Milieu Fermentation (mil-you) is a unique craft brewery specializing in small-batch, ar ...

Group 1: Small-Cap Value Stocks Overview - The S&P 500 is reaching new highs, but some investors are focusing on small-cap value stocks for long-term growth due to concerns over index concentration, particularly with mega-cap stocks like Nvidia [1] - Small-cap value stocks are characterized by their adaptability to changing conditions and potential for long-term growth, offering solid income and dividend opportunities [1] Group 2: H&R Block (HRB) - H&R Block is a unique fintech option among small-cap value stocks, with a mobile banking service, Spruce, contributing $26 million to its quarterly revenue alongside $99 million from tax preparation sales [2] - The company is developing an AI-powered tax assistance tool in partnership with Microsoft to enhance the tax filing experience [2] Group 3: Iridium Communications (IRDM) - Iridium's shares have seen a 30% decline since the beginning of 2024, presenting a potential entry point for investors [5] - The decline was primarily due to the termination of a joint venture with Qualcomm, which aimed to develop chips for connecting standard cell phones to Iridium's satellite network [5] - Iridium is shifting its strategy to adapt satellite protocols for compatibility with existing mobile devices, potentially broadening its market [6] Group 4: Apartment Income REIT Corp. (AIRC) - AIRC is positioned well in a high-interest-rate environment, focusing on premium properties in urban areas, leading to high occupancy rates and regular rent increases [7][8] - The company has reduced its property holdings from 300 in 2008 to 75 today, emphasizing quality and operational efficiency [8] - AIRC offers a forward yield of 5.6%, providing diversification among small-cap value stocks [8] Group 5: Evergy (EVRG) - Evergy is a small-cap value stock that combines utility stability with sustainability growth potential, being the second-largest producer of wind energy in the U.S. [9] - The company recently increased its quarterly dividend by 5% to $0.6425 per share, offering a forward yield of 5% [9] - Evergy has faced challenges in the utility sector but is well-positioned for recovery if anticipated Federal Reserve rate cuts occur [10] Group 6: Perimeter Solutions (PRM) - Perimeter Solutions specializes in firefighting equipment and has reported a CAGR of 7.2% since 2010, with revenue expected to reach $100.2 billion by 2027 [11] - The company has a price-to-book ratio of 0.80, indicating it may be undervalued despite its growth [11] - Perimeter's shares surged almost 40% year-to-date, supported by an aggressive buyback program [11] Group 7: Aspen Aerogels (ASPN) - Aspen Aerogels focuses on aerogel-based insulation materials for high-temperature environments, positioning itself as a key player in sustainability efforts [12] - The company reported a significant reduction in losses, with a $0.5 million loss compared to $9.6 million the previous year, and has seen revenue growth over four consecutive quarters [13] - Anticipation for increased investor interest in 2024 is growing as Aspen works to improve profit margins [13] Group 8: Hanesbrands (HBI) - Hanesbrands holds a 60% market share in the innerwear clothing sector but faces challenges such as supply chain disruptions [14] - The company is seeking preliminary offers for its Champion clothing line, indicating a strategic shift to focus on core innerwear products [14] - Hanesbrands appears to be implementing recommendations from Barington Capital Group to improve operations and profit margins [15]