Apollo Commercial Real Estate Finance (NYSE:ARI) Receiving Somewhat Favorable Media Coverage, Report Shows
Media coverage about Apollo Commercial Real Estate Finance (NYSE:ARI) has trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Apollo Commercial Real Estate Finance earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 46.965463773323 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have effected Accern’s analysis:
- Apollo Commercial Real Estate Finance Inc (ARI) Sees The Tape Move Mid-Market – Evergreen Caller (evergreencaller.com)
- Is Now the Time to Buy Apollo Commercial Real Estate Finance Inc (ARI)? – Sheridan Daily (sheridandaily.com)
- Apollo Commercial Real Estate Finance, Inc. (ARI) stock triggers Dividend Yield at 10.11% – Voice Of Analysts (analystsbuzz.com)
- A Look From Top to Bottom on Apollo Commercial Real Estate Finance Inc (ARI) – Bulletin News (orobulletin.com)
- Vanguard REIT Index Fund(NYSE:VNQ): Safety In DIversification … – ETF Daily News (blog) (etfdailynews.com)
A number of equities analysts have weighed in on ARI shares. Zacks Investment Research raised Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Tuesday, April 25th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $18.00 price target on shares of Apollo Commercial Real Estate Finance in a research report on Friday, June 9th. BidaskClub raised Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $19.00 price target on shares of Apollo Commercial Real Estate Finance in a research report on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. Apollo Commercial Real Estate Finance has a consensus rating of “Hold” and an average price target of $18.75.
Shares of Apollo Commercial Real Estate Finance (ARI) traded down 0.44% during trading on Friday, reaching $17.98. The company’s stock had a trading volume of 1,138,231 shares. The firm has a market cap of $1.90 billion, a PE ratio of 8.90 and a beta of 0.65. The stock’s 50 day moving average price is $18.28 and its 200-day moving average price is $18.35. Apollo Commercial Real Estate Finance has a 12 month low of $15.54 and a 12 month high of $19.92.
Apollo Commercial Real Estate Finance (NYSE:ARI) last released its quarterly earnings data on Tuesday, August 1st. The real estate investment trust reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by $0.01. Apollo Commercial Real Estate Finance had a net margin of 93.54% and a return on equity of 9.59%. The business had revenue of $62.22 million during the quarter, compared to analysts’ expectations of $63.75 million. During the same quarter in the prior year, the firm posted $0.49 earnings per share. The firm’s quarterly revenue was up 32.6% on a year-over-year basis. Equities analysts predict that Apollo Commercial Real Estate Finance will post $1.76 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were paid a $0.46 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $1.84 dividend on an annualized basis and a yield of 10.23%. Apollo Commercial Real Estate Finance’s dividend payout ratio is 86.79%.
In related news, CEO Stuart Rothstein sold 25,000 shares of Apollo Commercial Real Estate Finance stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $18.69, for a total value of $467,250.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.62% of the stock is currently owned by insiders.
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Apollo Commercial Real Estate Finance Company Profile
Apollo Commercial Real Estate Finance, Inc is a real estate investment trust. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments.
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