Press coverage about Apollo Commercial Real Est. Finance (NYSE:ARI) has been trending positive on Saturday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Apollo Commercial Real Est. Finance earned a news impact score of 0.33 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 46.7376842815984 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Apollo Commercial Real Est. Finance (NYSE:ARI) traded down $0.08 during mid-day trading on Friday, reaching $18.32. The company had a trading volume of 1,140,000 shares, compared to its average volume of 1,230,000. Apollo Commercial Real Est. Finance has a one year low of $16.87 and a one year high of $19.92. The company has a current ratio of 291.34, a quick ratio of 291.34 and a debt-to-equity ratio of 0.83. The company has a market cap of $1,960.00, a price-to-earnings ratio of 10.23 and a beta of 0.63.
Apollo Commercial Real Est. Finance (NYSE:ARI) last posted its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.47 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.05. Apollo Commercial Real Est. Finance had a return on equity of 10.32% and a net margin of 86.07%. The company had revenue of $71.24 million during the quarter, compared to analyst estimates of $66.40 million. During the same quarter last year, the company earned $0.45 EPS. The firm’s revenue for the quarter was up 33.6% on a year-over-year basis. equities research analysts predict that Apollo Commercial Real Est. Finance will post 1.61 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 10.04%. The ex-dividend date is Thursday, December 28th. Apollo Commercial Real Est. Finance’s payout ratio is 102.79%.
Separately, Zacks Investment Research raised Apollo Commercial Real Est. Finance from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Wednesday, October 25th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $19.33.
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About Apollo Commercial Real Est. Finance
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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