Apollo Commercial Real Estate Finance Inc (NYSE: ARI) is 14.55% higher on its value in year-to-date trading and has touched a low of $8.44 and a high of $11.64 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ARI stock was last observed hovering at around $9.99 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $9.92, the stock is 9.34% and 9.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing -0.70% at the moment leaves the stock 3.12% off its SMA200. ARI registered -7.64% loss for a year compared to 6-month loss of -0.40%. The firm has a 50-day simple moving average (SMA 50) of $9.0072 and a 200-day simple moving average (SMA200) of $9.62415.
The stock witnessed a 15.21% gain in the last 1 month and extending the period to 3 months gives it a 7.24%, and is 8.30% 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 2.89% over the week and 2.26% over the month.
Fwd P/E is 8.67. Profit margin for the company is -19.27%. Distance from 52-week low is 17.54% and -14.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.86%).
with sales reaching $47.27M over the same period.The EPS is expected to grow by 90.49% this year, but quarterly earnings will post -5.84% year-over-year. Quarterly sales are estimated to shrink -16.60% in year-over-year returns.
The shares outstanding are 138.17M, and float is at 137.19M with Short Float at 2.64%.
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 2.2854 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).
