Apollo Commercial Real Estate Finance, Inc. (ARI)

Market Cap	1.47B
Revenue (ttm)	342.72M
Net Income (ttm)	132.29M
Shares Out	141.35M
EPS (ttm)	0.85
PE Ratio	12.27
Forward PE	7.71
Dividend	$1.40 (13.42%)
Ex-Dividend Date	Sep 28, 2023

Volume	606,325
Open	10.31
Previous Close	10.38
Day's Range	10.30 - 10.47
52-Week Range	7.91 - 12.75
Beta	1.66
Analysts	Hold
Price Target	10.83 (+3.84%)
Earnings Date	Oct 23, 2023

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. 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 Finance, Inc. was founded in 20...

• Industry: REIT - Mortgage
• Sector: Real Estate
• IPO Date: Sep 24, 2009
• Country: United States
• Stock Exchange: NYSE
• Ticker Symbol: ARI

Financial Performance

In 2022, ARI's revenue was $303.64 million, an increase of 6.72% compared to the previous year's $284.51 million. Earnings were $252.96 million, an increase of 20.14%.

Analyst Forecast

According to 4 analysts, the average rating for ARI stock is "Hold." The 12-month stock price forecast is $10.83, which is an increase of 3.84% from the latest price.

Price Target

$10.83

(3.84% upside)

Analyst Consensus: Hold