American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

Posted by ABMN Staff on Dec 6th, 2024

Research analysts at StockNews.com assumed coverage on shares of American Realty Investors (NYSE:ARL – Get Free Report) in a report issued on Friday. The firm set a “hold” rating on the financial services provider’s stock.

American Realty Investors Stock Performance

Shares of NYSE:ARL opened at $17.30 on Friday. American Realty Investors has a fifty-two week low of $12.51 and a fifty-two week high of $25.96. The business has a 50-day simple moving average of $15.29 and a two-hundred day simple moving average of $15.70. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52.

American Realty Investors (NYSE:ARL – Get Free Report) last issued its earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%. The business had revenue of $11.61 million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Realty Investors stock. Barclays PLC boosted its stake in shares of American Realty Investors, Inc. (NYSE:ARL – Free Report) by 257.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,967 shares of the financial services provider’s stock after buying an additional 1,416 shares during the period. Barclays PLC’s holdings in American Realty Investors were worth $34,000 at the end of the most recent quarter.

American Realty Investors Company Profile

(Get Free Report)

American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies.