Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Apollo Commercial Real Estate Finance (NYSE:ARI – Get Rating) was downgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “underweight” rating in a note issued to investors on Tuesday, The Fly reports.
Separately, Credit Suisse Group decreased their target price on Apollo Commercial Real Estate Finance to $13.00 in a research note on Friday, July 22nd.
Apollo Commercial Real Estate Finance Stock Down 0.7 %
Shares of ARI stock opened at $11.29 on Tuesday. The company has a debt-to-equity ratio of 3.09, a current ratio of 38.24 and a quick ratio of 38.25. The stock has a market cap of $1.59 billion, a P/E ratio of 9.99 and a beta of 1.35. Apollo Commercial Real Estate Finance has a one year low of $9.41 and a one year high of $15.98. The stock has a fifty day moving average price of $11.73 and a 200 day moving average price of $12.44.
Apollo Commercial Real Estate Finance (NYSE:ARI – Get Rating) last announced its quarterly earnings data on Tuesday, July 26th. The real estate investment trust reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.09. Apollo Commercial Real Estate Finance had a return on equity of 8.22% and a net margin of 71.47%. During the same period last year, the business earned $0.38 earnings per share. Analysts predict that Apollo Commercial Real Estate Finance will post 1.29 earnings per share for the current year.
Institutional Investors Weigh In On Apollo Commercial Real Estate Finance
A number of institutional investors have recently made changes to their positions in ARI. Profund Advisors LLC increased its position in Apollo Commercial Real Estate Finance by 23.9% during the first quarter. Profund Advisors LLC now owns 18,570 shares of the real estate investment trust’s stock worth $259,000 after acquiring an additional 3,581 shares during the period. Public Employees Retirement Association of Colorado bought a new position in shares of Apollo Commercial Real Estate Finance in the fourth quarter worth $491,000. Campbell & CO Investment Adviser LLC raised its stake in Apollo Commercial Real Estate Finance by 84.6% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 27,500 shares of the real estate investment trust’s stock valued at $362,000 after purchasing an additional 12,600 shares in the last quarter. SG Americas Securities LLC increased its holdings in Apollo Commercial Real Estate Finance by 557.8% in the 1st quarter. SG Americas Securities LLC now owns 50,164 shares of the real estate investment trust’s stock valued at $699,000 after buying an additional 42,538 shares during the period. Finally, Camden Capital LLC acquired a new stake in Apollo Commercial Real Estate Finance in the first quarter valued at about $525,000. Institutional investors own 55.57% of the company’s stock.
About Apollo Commercial Real Estate Finance
(Get Rating)
Apollo Commercial Real Estate Finance, Inc operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code.
Read More
- Get a free copy of the StockNews.com research report on Apollo Commercial Real Estate Finance (ARI)
- MarketBeat Podcast: Stock Market, Bad News is Good News
- Forget Bitcoin, Block’s Ecosystems are the Real Growth Drivers
- What Does an Inverted Yield Curve Mean For You?
- SPY vs. QQQ: Which ETF Wins in 2022?
- Could Snap Stock Rebound As Management Restructures?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to co*****@ma********.com.
Before you consider Apollo Commercial Real Estate Finance, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Apollo Commercial Real Estate Finance wasn’t on the list.
While Apollo Commercial Real Estate Finance currently has a “Reduce” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Michael Wang of Prometheus Alternative Investments discusses how individuals should approach their portfolios as the summer rally seems to have fizzled.
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.
Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.
Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.
As Featured By:
MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.
Twitter Facebook StockTwits Financial Juice YouTube
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | co*****@ma********.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.
Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.
About Author
