Apollo Commercial Real Estate Finance (NYSE:ARI – Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $46.50 million for the quarter.
Apollo Commercial Real Estate Finance (NYSE:ARI – Get Free Report) last issued its earnings results on Monday, February 10th. The real estate investment trust reported $0.30 EPS for the quarter, beating the consensus estimate of $0.23 by $0.07. Apollo Commercial Real Estate Finance had a negative net margin of 39.40% and a positive return on equity of 9.37%.
Apollo Commercial Real Estate Finance Stock Up 5.6 %
NYSE:ARI opened at $8.63 on Wednesday. The company has a quick ratio of 51.19, a current ratio of 51.19 and a debt-to-equity ratio of 0.67. Apollo Commercial Real Estate Finance has a 12-month low of $7.70 and a 12-month high of $11.20. The stock’s fifty day simple moving average is $9.42 and its 200-day simple moving average is $9.15. The firm has a market capitalization of $1.20 billion, a P/E ratio of -9.08 and a beta of 1.41.
Apollo Commercial Real Estate Finance Announces Dividend
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the stock. Keefe, Bruyette & Woods raised shares of Apollo Commercial Real Estate Finance from a “market perform” rating to an “outperform” rating and set a $10.00 price objective on the stock in a research note on Monday, April 7th. UBS Group cut their target price on shares of Apollo Commercial Real Estate Finance from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Wednesday, April 16th. StockNews.com lowered shares of Apollo Commercial Real Estate Finance from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. reduced their target price on Apollo Commercial Real Estate Finance from $9.50 to $8.00 and set a “neutral” rating on the stock in a report on Wednesday, April 16th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Apollo Commercial Real Estate Finance currently has a consensus rating of “Hold” and a consensus price target of $9.00.
Insider Activity
In other Apollo Commercial Real Estate Finance news, Director Carmencita N.M. Whonder sold 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $9.96, for a total transaction of $109,560.00. Following the completion of the transaction, the director now owns 9,624 shares of the company’s stock, valued at $95,855.04. This represents a 53.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Stuart Rothstein sold 52,074 shares of the firm’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $9.99, for a total transaction of $520,219.26. Following the transaction, the chief executive officer now directly owns 385,928 shares of the company’s stock, valued at $3,855,420.72. This represents a 11.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.68% of the company’s stock.
About Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States, the United Kingdom, and Europe.
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