American Realty Investors (NYSE:ARL) Posts Earnings Results

American Realty Investors (NYSE:ARL) released its quarterly earnings results on Thursday. The financial services provider reported ($0.06) EPS for the quarter, FiscalAI reports. American Realty Investors had a net margin of 16.36% and a negative return on equity of 0.37%. The business had revenue of $12.87 million for the quarter.

American Realty Investors Stock Performance

NYSE:ARL traded up $0.36 during mid-day trading on Friday, hitting $15.35. 1,528 shares of the company traded hands, compared to its average volume of 16,087. The company has a quick ratio of 7.10, a current ratio of 7.10 and a debt-to-equity ratio of 0.26. The stock’s fifty day moving average price is $16.81 and its 200-day moving average price is $16.11. The firm has a market cap of $247.84 million, a price-to-earnings ratio of 29.51 and a beta of 0.62. American Realty Investors has a one year low of $12.42 and a one year high of $24.44.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Forge Financial Services LLC bought a new position in shares of American Realty Investors during the 2nd quarter valued at approximately $204,000. Rhumbline Advisers increased its holdings in American Realty Investors by 44.9% in the 1st quarter. Rhumbline Advisers now owns 2,825 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 876 shares in the last quarter. Invesco Ltd. bought a new stake in American Realty Investors during the 1st quarter worth approximately $111,000. Finally, BlackRock Inc. bought a new stake in American Realty Investors during the 2nd quarter worth approximately $3,959,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of American Realty Investors from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, American Realty Investors has an average rating of “Sell”.

About American Realty Investors

American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies. It also offers tenant services, including parking and storage space rental; and sells land and properties.