Apollo Commercial Real Estate Finance (ARI) Earns Daily Coverage Optimism Score of 0.33

News articles about Apollo Commercial Real Estate Finance (NYSE:ARI) have been trending positive on Wednesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Apollo Commercial Real Estate Finance earned a coverage optimism score of 0.33 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.3355533340706 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Separately, Zacks Investment Research upgraded Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Wednesday, October 25th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $19.33.

Shares of Apollo Commercial Real Estate Finance (NYSE:ARI) opened at $18.57 on Wednesday. The firm has a market capitalization of $1,992.45, a price-to-earnings ratio of 9.89 and a beta of 0.63. The company has a current ratio of 291.34, a quick ratio of 291.34 and a debt-to-equity ratio of 0.83. Apollo Commercial Real Estate Finance has a 1 year low of $16.46 and a 1 year high of $19.92.

Apollo Commercial Real Estate Finance (NYSE:ARI) last released its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.05. The firm had revenue of $71.24 million during the quarter, compared to the consensus estimate of $66.40 million. Apollo Commercial Real Estate Finance had a return on equity of 10.32% and a net margin of 86.07%. The company’s revenue was up 33.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 EPS. sell-side analysts anticipate that Apollo Commercial Real Estate Finance will post 1.61 earnings per share for the current year.

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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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