Apollo Commercial Real Estate Finance Inc (NYSE: ARI) is -7.16% lower on its value in year-to-date trading and has touched a low of $8.58 and a high of $12.74 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 $10.88 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $10.90, the stock is 0.31% and -4.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing 0.18% at the moment leaves the stock 0.07% off its SMA200. ARI registered -3.54% loss for a year compared to 6-month gain of 1.87%.
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The stock witnessed a -0.91% loss in the last 1 month and extending the period to 3 months gives it a -2.42%, and is 0.18% 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 2.26% over the week and 2.34% over the month.
Current P/E ratio is 37.14 and Fwd P/E is 9.09. Profit margin for the company is 5.34%. Distance from 52-week low is 27.04% and -14.44% from its 52-week high. The company has generated returns on investments over the last 12 months (0.50%).
Apollo Commercial Real Estate Finance Inc quarterly earnings per share for the current quarter are estimated at $0.3 with sales reaching $58.45M over the same period.The EPS is expected to grow by 18.03% this year, but quarterly earnings will post -5.60% year-over-year. Quarterly sales are estimated to shrink -17.70% in year-over-year returns.
309 institutions hold shares in Apollo Commercial Real Estate Finance Inc (ARI), with institutional investors hold 64.79% of the company’s shares. The shares outstanding are 140.60M, and float is at 140.26M with Short Float at 2.41%. Institutions hold 64.25% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 22.9 million shares valued at $259.21 million. The investor’s holdings represent 16.20% of the ARI Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 15.61 million shares valued at $176.71 million to account for 11.04% of the shares outstanding. The other top investors are State Street Corporation which holds 5.15 million shares representing 3.64% and valued at over $58.29 million, while Geode Capital Management, LLC holds 1.90% of the shares totaling 2.69 million with a market value of $30.43 million.
Apollo Commercial Real Estate Finance Inc (ARI) Insider Activity
The most recent transaction is an insider sale by ROTHSTEIN STUART, the company’s President & CEO. SEC filings show that ROTHSTEIN STUART sold 40,000 shares of the company’s common stock on Jan 16 ’24 at a price of $11.45 per share for a total of $0.46 million. Following the sale, the insider now owns 0.54 million shares.
Apollo Commercial Real Estate Finance Inc disclosed in a document filed with the SEC on Oct 16 ’23 that ROTHSTEIN STUART (President & CEO) sold a total of 40,000 shares of the company’s common stock. The trade occurred on Oct 16 ’23 and was made at $10.09 per share for $0.4 million. Following the transaction, the insider now directly holds 0.49 million shares of the ARI stock.
Still, SEC filings show that on Sep 06 ’23, BIDERMAN MARK C (Director) disposed off 10,000 shares at an average price of $10.60 for $0.11 million. The insider now directly holds 66,485 shares of Apollo Commercial Real Estate Finance Inc (ARI).
