Apollo Commercial Real Estate Finance Inc. (NYSE: ARI) is -6.60% lower on its value in year-to-date trading and has touched a low of $7.91 and a high of $13.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARI stock was last observed hovering at around $10.24 in the last trading session, with the day’s loss setting it -0.19% off its average median price target of $10.25 for the next 12 months. It is also 8.64% off the consensus price target high of $11.00 offered by 7 analysts, but current levels are -5.79% lower than the price target low of $9.50 for the same period.
Currently trading at $10.05, the stock is 3.03% and 6.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -1.86% at the moment leaves the stock -7.23% off its SMA200. ARI registered -17.35% loss for a year compared to 6-month loss of -15.62%.
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The stock witnessed a 8.77% gain in the last 1 month and extending the period to 3 months gives it a -14.90%, and is 0.60% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.88% over the week and 3.35% over the month.
Current P/E ratio is 5.60 and Fwd P/E is 6.66. Profit margin for the company is 43.30%. Distance from 52-week low is 27.05% and -23.28% from its 52-week high. The company has generated returns on investments over the last 12 months (2.00%).
Apollo Commercial Real Estate Finance Inc. (ARI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Apollo Commercial Real Estate Finance Inc. (ARI) is a “Hold”. 7 analysts offering their recommendations for the stock have an average rating of 3.10, where 6 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Apollo Commercial Real Estate Finance Inc. is expected to release its quarterly report on 07/26/2023.The EPS is expected to grow by 15.30% this year
Apollo Commercial Real Estate Finance Inc. (ARI) Top Institutional Holders
The shares outstanding are 141.07M, and float is at 139.56M with Short Float at 5.27%.
Apollo Commercial Real Estate Finance Inc. (ARI) Insider Activity
A total of 10 insider transactions have happened at Apollo Commercial Real Estate Finance Inc. (ARI) in the last six months, with sales accounting for 1 and purchases happening 9 times. The most recent transaction is an insider purchase by Kasdin Robert A, the company’s Director. SEC filings show that Kasdin Robert A bought 25,000 shares of the company’s common stock on May 08 at a price of $9.54 per share for a total of $0.24 million. Following the purchase, the insider now owns 85739.0 shares.
Apollo Commercial Real Estate Finance Inc. disclosed in a document filed with the SEC on Nov 07 that ROTHSTEIN STUART (President & CEO) bought a total of 15,000 shares of the company’s common stock. The trade occurred on Nov 07 and was made at $11.18 per share for $0.17 million. Following the transaction, the insider now directly holds 0.45 million shares of the ARI stock.
Still, SEC filings show that on Aug 17, Carlton Pamela G (Director) disposed off 833 shares at an average price of $12.78 for $10647.0. The insider now directly holds 11,229 shares of Apollo Commercial Real Estate Finance Inc. (ARI).
Apollo Commercial Real Estate Finance Inc. (ARI): Who are the competitors?
The company’s main competitors (and peers) include Realty Income Corporation (O) that is trading -12.09% down over the past 12 months. New York Mortgage Trust Inc. (NYMT) is -11.96% down on the 1-year trading charts.
