Headlines about Apollo Commercial Real Est. Finance (NYSE:ARI) have trended positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Apollo Commercial Real Est. Finance earned a coverage optimism score of 0.34 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 47.5260369808235 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news articles that may have impacted Accern’s scoring:
Shares of Apollo Commercial Real Est. Finance (ARI) opened at $18.40 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 291.34 and a quick ratio of 291.34. The stock has a market capitalization of $1,970.00, a P/E ratio of 10.28 and a beta of 0.63. Apollo Commercial Real Est. Finance has a 12 month low of $16.98 and a 12 month high of $19.92.
Apollo Commercial Real Est. Finance (NYSE:ARI) last issued its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.05. The business had revenue of $71.24 million during the quarter, compared to analysts’ expectations of $66.40 million. Apollo Commercial Real Est. Finance had a return on equity of 10.32% and a net margin of 86.07%. The firm’s revenue for the quarter was up 33.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 earnings per share. research analysts predict that Apollo Commercial Real Est. Finance will post 1.61 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Friday, December 29th were paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 10.00%. The ex-dividend date was Thursday, December 28th. Apollo Commercial Real Est. Finance’s dividend payout ratio (DPR) is currently 102.79%.
Separately, Zacks Investment Research upgraded Apollo Commercial Real Est. Finance from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $19.33.
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About Apollo Commercial Real Est. Finance
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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