Apollo Commercial Real Estate Finance (ARI) Projected to Post Earnings on Tuesday

Apollo Commercial Real Estate Finance (NYSE:ARI) will likely be posting 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. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Apollo Commercial Real Estate Finance Trading Up 1.5 %

ARI opened at $9.07 on Tuesday. The company has a 50-day simple moving average of $9.02 and a 200 day simple moving average of $9.49. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of -9.85 and a beta of 1.74. The company has a quick ratio of 46.13, a current ratio of 46.13 and a debt-to-equity ratio of 0.67. Apollo Commercial Real Estate Finance has a twelve month low of $8.44 and a twelve month high of $11.97.

Apollo Commercial Real Estate Finance Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend 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 (DPR) is -108.70%.

Wall Street Analysts Forecast Growth

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

About Apollo Commercial Real Estate Finance

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.