Apollo Commercial Real Estate Finance, Inc. (ARI)
Market Cap | 1.23B |
Revenue (ttm) | 175.62M |
Net Income (ttm) | 7.48M |
Shares Out | 138.35M |
EPS (ttm) | 0.05 |
PE Ratio | 176.21 |
Forward PE | 9.26 |
Dividend | $1.30 (14.66%) |
Ex-Dividend Date | Sep 30, 2024 |
Volume | 1,009,185 |
Open | 8.85 |
Previous Close | 8.87 |
Day's Range | 8.82 - 8.95 |
52-Week Range | 8.82 - 12.74 |
Beta | 1.80 |
Analysts | Hold |
Price Target | 10.25 (+15.56%) |
Earnings Date | Oct 28, 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 $10.25, which is an increase of 15.56% from the latest price.
News
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
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
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
My 2 Top All-American Income Picks For July
Readers Identify 23 Ideal April Dividend Buys
Prior to April 30, 2024, my Readers mentioned 31 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, they remarked about the ReFa/Ro. Ten...
Buy High Yields From The Greek Gods Of Income
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.
Apollo Commercial Real Estate Finance, Inc. Reports First Quarter 2024 Results
NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter ended March 31, 2024.
5 REIT Types To Avoid
I think that REITs are today offering a historic opportunity. But that does not mean that all REITs are good investments. I discuss 5 categories of REITs to avoid at all cost.
Apollo Commercial Real Estate Finance, Inc. Announces 2024 Annual Meeting of Stockholders
NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the Board of Directors set April 15, 2024 as the record dat...
2 Massive Income Picks To Get Lucky This March
There's no need for luck in your retirement, but you will need money to pay your bills! Two picks for March that will pay you this month. We invest for income because it pays to be an income investor.
Apollo Commercial: This 13% May Look Riskier Than It Is
Apollo Commercial Real Estate Finance's portfolio value grew in Q4 2023 as originations exceeded repayments for the first time in the year. Dividend risks have slightly increased due to a lower margin...
Apollo Commercial Real Estate Finance, Inc. (ARI) Q4 2023 Earnings Call Transcript
Apollo Commercial Real Estate Finance, Inc. (ARI) Q4 2023 Earnings Call Transcript