Apollo Commercial Real Estate Finance, Inc. (ARI)
| Market Cap | 1.26B |
| Revenue (ttm) | 161.10M |
| Net Income (ttm) | -129.76M |
| Shares Out | 138.17M |
| EPS (ttm) | -0.93 |
| PE Ratio | n/a |
| Forward PE | 10.95 |
| Dividend | $1.30 (14.25%) |
| Ex-Dividend Date | Sep 30, 2024 |
| Volume | 618,433 |
| Open | 9.10 |
| Previous Close | 9.16 |
| Day's Range | 9.00 - 9.19 |
| 52-Week Range | 8.52 - 12.74 |
| Beta | 1.80 |
| Analysts | Hold |
| Price Target | 9.63 (+5.59%) |
| Earnings Date | Oct 30, 2024 |
About ARI
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. It is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders. Apollo Commercial Real Estate... [Read more]
Financial Performance
In 2023, ARI's revenue was $285.16 million, a decrease of -11.24% compared to the previous year's $321.26 million. Earnings were $41.50 million, a decrease of -83.32%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for ARI stock is "Hold." The 12-month stock price forecast is $9.63, which is an increase of 5.59% from the latest price.
News
My Dividend Stock Portfolio: New October Dividend Record - 100 Holdings With 15 Buys
Investment activity in October focused on Business Development Companies, with $1,300 added to the market. Adjusted dividend income in October of $789, up 25% Y/Y and up 11% sequentially. Main picks i...
Apollo Commercial Real Estate Finance: A Buy After 29% Dividend Cut?
Apollo Commercial Real Estate Finance cut its dividend by 29% due to non-performing loans, but has since improved its dividend pay-out metrics. The trust's portfolio, heavily invested in office loans,...
Apollo Commercial: More Value Destruction As Leverage Remains Sky-High
ARI reported a Q3-2024 net income loss of 69 cents per share, with distributable earnings at 31 cents per share. ARI's book value continues to erode, with 10% of loans non-performing. We tell you how ...
Apollo Commercial Real Estate Finance, Inc. (ARI) Q3 2024 Earnings Call Transcript
Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Stuart Rothstein – President and Chief Executive Officer Anast...
Apollo Commercial Real Estate Finance, Inc. Reports Third Quarter 2024 Results
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter ended September 30, 2024.
My Dividend Stock Portfolio: New September Dividend Record - 100 Holdings With 12 Buys
September's investment activity was minimal, with $1,000 invested mainly in Business Development Companies, while I traveled through Hungary, Albania, and Oman. Traveling highlighted the benefits of l...
Apollo Commercial: Deep Value Or A Falling Knife?
Apollo Commercial Real Estate Finance, Inc. faces significant headwinds, including a dividend cut, lower mortgage rates, and rising systematic risk in the commercial real estate sector. The mREIT's po...
Apollo Commercial Real Estate Finance, Inc. Announces Dates for Third Quarter 2024 Earnings Release and Conference Call
NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI), today announced the Company will hold a conference call to review its third...
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Apollo Commercial: Distribution Cut, New Yield 10.3%
We had rated Apollo Commercial as a Sell due to the high risks in its business model. The "surprise" distribution cut has reduced the risks slightly and the stock has of course moved lower as well. We...
Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend
NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.25 per share of com...
Wall Street's Most Accurate Analysts Spotlight On 3 Financials Stocks With Over 12% Dividend Yields
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My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys
Investment activity in July focused on Business Development Companies, with $2,000 added to the market. Adjusted dividend income in July of $709, up 19% Y/Y and down 4% sequentially. Main picks includ...
Hold Fast To This 13% Income Generator: Apollo Commercial
The commercial real estate market is in the midst of extreme pressure and companies exposed to it are taking blows. You can glean strong income from this sector if you are careful and diligent. Manage...
Apollo Commercial: Risky 14% Yield
Apollo Commercial Real Estate Finance maintained a $0.35 per share dividend, but had no margin of safety left for the dividend. The portfolio saw an increase in originations but suffered higher credit...
Apollo Commercial Real Estate Finance, Inc. (ARI) Q2 2024 Earnings Call Transcript
Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Stuart Rothstein - Chief Executive Officer Scott Weiner - Chief...
Apollo Commercial Real Estate Finance, Inc. Reports Second Quarter 2024 Results
NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter ended June 30, 2024.
My Dividend Stock Portfolio: New June Dividend Record - 101 Holdings With 22 Buys
Investment activity remained high in June, focusing on BDCs aiming to increase dividend income by at least $100 each month. Adjusted dividend income in June is up 27% Y/Y and 5% vs the previous quarte...
Apollo Commercial: Comparing 13% Yielder Versus Peers
Apollo Commercial Real Estate Finance, Inc. has a very high yield of 13%. We compare this one to Blackstone Mortgage, Ares Commercial and BrightSpire Capital. The riskiest one does stand out.
Apollo Commercial Real Estate Finance, Inc. Announces Dates for Second Quarter 2024 Earnings Release and Conference Call
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI), today announced the Company will hold a conference call to review its secon...
My 2 Top All-American Income Picks For July
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The Greek gods of income can provide you with exciting double-digit yields. I have collected outstanding income and massive total returns. Don't sacrifice to the gods, get paid by them instead.
My Dividend Stock Portfolio: New April Dividend Record - 101 Holdings With 22 Buys
Portfolio changes in April focus on BDCs, aiming to increase dividend income by at least $100 each month. Dividend income hit a new all-time record for April of $736, basically flat Y/Y and up 12% seq...
Apollo Commercial: Margin Of Safety Has Disappeared (Rating Downgrade)
Apollo Commercial Real Estate Finance earned its dividend in the first quarter but saw a deterioration in dividend coverage.