Many Apollo Commercial Real Estate Finance(ARI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Apollo Commercial Real Est. Finance Inc was Downgraded by BofA/Merrill to Neutral on Dec 15, 2016.
Company has reported several Insider transactions to the SEC, on Jan 5, 2016, Stuart Rothstein (President & CEO) sold 10,000 shares at 17.01 per share price.On Aug 26, 2015, Eric Press (director) purchased 66,875 shares at 14.39 per share price.On Mar 11, 2015, Michael Salvati (director) purchased 5,000 shares at 16.76 per share price.
Apollo Commercial Real Est. Finance Inc Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.45 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.48. The company had revenue of $53.32 million for the quarter, compared to analysts expectations of $53.10 million. The companys revenue was up 37.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.
Apollo Commercial Real Estate Finance (NYSE:ARI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 4 Brokerage Firm. 4 Brokerage Firms have advised hold.
Apollo Commercial Real Estate Finance (NYSE:ARI) stock has received a short term price target of $ 16.63 from 4 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $0.25. The higher estimate of target price is $17 , while the lower price target estimate is $17
Apollo Commercial Real Estate Finance (NYSE:ARI) witnessed a decline in the market cap on Tuesday as its shares dropped 0.06% or 0.01 points. After the session commenced at $17.69, the stock reached the higher end at $17.72 while it hit a low of $17.59. With the volume soaring to 660,101 shares, the last trade was called at $17.68. The company has a 52-week high of $18.1. The company has a market cap of $1,429 million and there are 80,847,646 shares in outstanding. The 52-week low of the share price is $15.31.
Apollo Commercial Real Estate Finance, Inc. is focused on investing in, acquiring and managing senior performing commercial real estate mortgage loans, commercial mortgage-backed securities, commercial real estate corporate debt and loans, and other real estate debt investments. The Company is a commercial real estate finance company that is managed and advised by ACREFI Management, LLC, a indirect subsidiary of Apollo Global Management, LLC.