Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Receives $9.44 Average Target Price from Brokerages

Shares of Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) have been assigned a consensus recommendation of “Hold” from the four analysts that are covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $9.08.

Several equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods decreased their price objective on Apollo Commercial Real Estate Finance from $9.00 to $8.75 and set a “market perform” rating for the company in a report on Tuesday, January 14th. UBS Group increased their target price on shares of Apollo Commercial Real Estate Finance from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th. Finally, StockNews.com raised shares of Apollo Commercial Real Estate Finance from a “sell” rating to a “hold” rating in a research report on Saturday, February 15th.

Apollo Commercial Real Estate Finance Stock Down 0.5 %

Apollo Commercial Real Estate Finance stock opened at $9.95 on Friday. The firm has a 50 day moving average price of $9.26 and a 200-day moving average price of $9.32. The company has a quick ratio of 51.19, a current ratio of 51.19 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 $11.64. The company has a market capitalization of $1.38 billion, a P/E ratio of -10.47 and a beta of 1.74.

Apollo Commercial Real Estate Finance (NYSE:ARI) last announced its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.07. Apollo Commercial Real Estate Finance had a positive return on equity of 9.37% and a negative net margin of 39.40%. As a group, equities analysts predict that Apollo Commercial Real Estate Finance will post 0.63 EPS for the current year.

Apollo Commercial Real Estate Finance Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 10.06%. The ex-dividend date of this dividend was Tuesday, December 31st. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is presently -105.26%.

Institutional Trading of Apollo Commercial Real Estate Finance

A number of institutional investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its holdings in Apollo Commercial Real Estate Finance by 327.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,045 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 2,332 shares in the last quarter. Sterling Capital Management LLC lifted its holdings in shares of Apollo Commercial Real Estate Finance by 783.8% in the fourth quarter. Sterling Capital Management LLC now owns 4,366 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 3,872 shares in the last quarter. CF Capital LLC bought a new position in shares of Apollo Commercial Real Estate Finance in the fourth quarter valued at approximately $52,000. KBC Group NV grew its stake in Apollo Commercial Real Estate Finance by 57.7% during the third quarter. KBC Group NV now owns 7,002 shares of the real estate investment trust’s stock valued at $64,000 after acquiring an additional 2,562 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp purchased a new position in Apollo Commercial Real Estate Finance during the fourth quarter valued at approximately $67,000. Hedge funds and other institutional investors own 54.43% of the company’s stock.

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.