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Why Apollo Commercial Real Estate Finance Inc (ARI) Stock Could See Much Higher Prices Ahead

Apollo Commercial Real Estate Finance Inc (NYSE: ARI) is -18.57% lower on its value in year-to-date trading and has touched a low of $9.14 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 $9.51 in the last trading session, with the day’s gains setting it 0.05%.

Currently trading at $9.56, the stock is -6.87% and -7.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.33 million and changing 0.53% at the moment leaves the stock -11.08% off its SMA200. ARI registered -9.04% loss for a year compared to 6-month loss of -12.93%.

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The stock witnessed a -5.35% gain in the last 1 month and extending the period to 3 months gives it a -3.92%, and is -7.18% down 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 2.89% over the week and 1.92% over the month.

Current P/E ratio is 167.43 and Fwd P/E is 10.52. Profit margin for the company is 0.87%. Distance from 52-week low is 4.60% and -24.96% from its 52-week high. The company has generated returns on investments over the last 12 months (0.10%).

with sales reaching $50.3M over the same period.The EPS is expected to grow by 6.96% this year, but quarterly earnings will post -17.10% year-over-year. Quarterly sales are estimated to shrink -35.50% in year-over-year returns.

Apollo Commercial Real Estate Finance Inc (ARI) Top Institutional Holders

311.0 institutions hold shares in Apollo Commercial Real Estate Finance Inc (ARI), with institutional investors hold 66.67% of the company’s shares. The shares outstanding are 140.60M, and float is at 136.78M with Short Float at 3.86%. Institutions hold 66.24% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 22.67 million shares valued at $221.93 million. The investor’s holdings represent 15.9787% of the ARI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 15.42 million shares valued at $150.98 million to account for 10.8704 of the shares outstanding. The other top investors are STATE STREET CORP which holds 5.2 million shares representing 3.6654% and valued at over $52.7 million, while GEODE CAPITAL MANAGEMENT, LLC holds 2.2624 of the shares totaling 3.21 million with a market value of $31.43 million.

Apollo Commercial Real Estate Finance Inc (ARI) Insider Activity

The most recent transaction is an insider sale by Carlton Pamela G, the company’s Director. SEC filings show that Carlton Pamela G sold 833 shares of the company’s common stock on Sep 06 ’24 at a price of $10.32 per share for a total of $8597.0. Following the sale, the insider now owns 29525.0 shares.

Still, SEC filings show that on Aug 26 ’24, Scott Weiner (Partner) Proposed Sale 363,904 shares at an average price of $10.44 for $3.8 million. The insider now directly holds shares of Apollo Commercial Real Estate Finance Inc (ARI).

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