Apollo Commercial Real Estate Finance Inc (NYSE: ARI) is -25.55% lower on its value in year-to-date trading and has touched a low of $8.52 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 $8.68 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $8.74, the stock is -1.56% and -8.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing 0.69% at the moment leaves the stock -15.87% off its SMA200. ARI registered -6.72% loss for a year compared to 6-month loss of -19.37%. The firm has a 50-day simple moving average (SMA 50) of $9.5966 and a 200-day simple moving average (SMA200) of $10.3889.
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The stock witnessed a -9.71% gain in the last 1 month and extending the period to 3 months gives it a -17.70%, and is -2.78% 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 1.76% over the week and 1.97% over the month.
Current P/E ratio is 153.06 and Fwd P/E is 10.34. Profit margin for the company is 0.87%. Distance from 52-week low is 2.58% and -31.40% from its 52-week high. The company has generated returns on investments over the last 12 months (0.10%).
The EPS is expected to grow by 5.94% this year
307.0 institutions hold shares in Apollo Commercial Real Estate Finance Inc (ARI), with institutional investors hold 66.17% of the company’s shares. The shares outstanding are 140.60M, and float is at 136.78M with Short Float at 3.51%. Institutions hold 65.74% 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).
