Media stories about Apollo Commercial Real Estate Finance (NYSE:ARI) have been trending positive on Wednesday, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Apollo Commercial Real Estate Finance earned a news impact score of 0.33 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 46.004655566147 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- Apollo Commercial Real Estate Finance (ARI) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Apollo Commercial Real Estate Finance, Inc. Announces Dates for Third Quarter 2017 Earnings Release and … – Business Wire (press release) (businesswire.com)
- 3 Reasons Why You Should Buy This 10.1% Yielding CRE Company (seekingalpha.com)
- Financial Survey: Cherry Hill Mortgage Investment Corporation (CHMI) versus Apollo Commercial Real Estate Finance (ARI) (americanbankingnews.com)
- Why You should Invest In Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) – The Oracle Examiner (oracleexaminer.com)
A number of brokerages recently issued reports on ARI. BidaskClub raised Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. Zacks Investment Research downgraded Apollo Commercial Real Estate Finance from a “hold” rating to a “sell” rating in a report on Tuesday, July 4th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $19.00 price target on shares of Apollo Commercial Real Estate Finance in a report on Thursday, July 20th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $18.50.
Apollo Commercial Real Estate Finance (NYSE ARI) traded up 0.22% during midday trading on Wednesday, hitting $18.28. The stock had a trading volume of 133,710 shares. Apollo Commercial Real Estate Finance has a 12-month low of $15.72 and a 12-month high of $19.92. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 8.39 and a beta of 0.64. The company has a 50-day moving average price of $18.08 and a 200-day moving average price of $18.42.
Apollo Commercial Real Estate Finance (NYSE:ARI) last issued its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.46 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.01). Apollo Commercial Real Estate Finance had a net margin of 93.54% and a return on equity of 9.59%. The firm had revenue of $62.22 million during the quarter, compared to the consensus estimate of $63.75 million. During the same quarter last year, the firm posted $0.49 earnings per share. Apollo Commercial Real Estate Finance’s revenue was up 32.6% compared to the same quarter last year. Equities analysts anticipate that Apollo Commercial Real Estate Finance will post $1.84 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 10.09%. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is 86.79%.
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Apollo Commercial Real Estate Finance Company Profile
Apollo Commercial Real Estate Finance, Inc is a real estate investment trust. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments.
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