Apollo Commercial Real Estate Finance (ARI) to Release Quarterly Earnings on Tuesday

Apollo Commercial Real Estate Finance (NYSE:ARI) is expected to post its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Apollo Commercial Real Estate Finance to post earnings of $0.23 per share and revenue of $48,200.00 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Apollo Commercial Real Estate Finance Stock Up 1.5 %

Apollo Commercial Real Estate Finance stock opened at $9.07 on Tuesday. The company has a fifty day simple moving average of $9.02 and a 200 day simple moving average of $9.49. The company has a current ratio of 46.13, a quick ratio of 46.13 and a debt-to-equity ratio of 0.67. Apollo Commercial Real Estate Finance has a 1-year low of $8.44 and a 1-year high of $11.97. The company has a market cap of $1.25 billion, a P/E ratio of -9.85 and a beta of 1.74.

Apollo Commercial Real Estate Finance Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 11.03%. The ex-dividend date of this dividend was Tuesday, December 31st. Apollo Commercial Real Estate Finance’s dividend payout ratio is currently -108.70%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. StockNews.com raised Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. dropped their price target on shares of Apollo Commercial Real Estate Finance from $9.50 to $8.50 and set a “neutral” rating on the stock in a research report on Thursday, October 17th. Keefe, Bruyette & Woods decreased their price objective on shares of Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating for the company in a research report on Tuesday, January 14th. Finally, UBS Group dropped their target price on shares of Apollo Commercial Real Estate Finance from $10.00 to $9.50 and set a “neutral” rating on the stock in a report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $9.31.

Apollo Commercial Real Estate Finance Company Profile

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, the United Kingdom, and Europe.