American Realty Investors (NYSE:ARL) Posts Quarterly Earnings Results

American Realty Investors (NYSE:ARL) issued its quarterly earnings data on Thursday. The financial services provider reported ($0.03) earnings per share (EPS) for the quarter, FiscalAI reports. American Realty Investors had a return on equity of 0.10% and a net margin of 24.21%.The company had revenue of $12.34 million for the quarter.

American Realty Investors Stock Up 4.2%

Shares of ARL stock traded up $0.57 during trading hours on Friday, hitting $14.08. 852 shares of the company were exchanged, compared to its average volume of 2,705. The business has a 50 day moving average of $15.30 and a two-hundred day moving average of $15.98. The company has a current ratio of 6.56, a quick ratio of 6.56 and a debt-to-equity ratio of 0.26. American Realty Investors has a 52 week low of $12.52 and a 52 week high of $20.00. The company has a market capitalization of $227.46 million, a PE ratio of 18.53 and a beta of 0.68.

Institutional Trading of American Realty Investors

An institutional investor recently bought a new position in American Realty Investors stock. Invesco Ltd. acquired a new stake in American Realty Investors, Inc. (NYSE:ARL) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 10,100 shares of the financial services provider’s stock, valued at approximately $111,000. Invesco Ltd. owned about 0.06% of American Realty Investors as of its most recent SEC filing.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of American Realty Investors from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

American Realty Investors Company Profile

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.