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Sunday, April 2, 2023

Apollo Commercial Real Estate Finance Inc. (NYSE: ARI) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Apollo Commercial Real Estate Finance Inc. (ARI) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $11.09. The Apollo Commercial Real Estate Finance Inc. has recorded 20,626 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Apollo Commercial Real Estate Finance, Inc. Reports Fourth Quarter 2022 Results.

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Stocks Info

Apollo Commercial Real Estate Finance Inc. is listed on the NYSE in the Real Estate sector while operating in the REIT – Mortgage industry. At the end of the last regular session, the stock closed at $11.09 and fluctuated between $11.22 as its day high and $11.00 as its day low. The current market capitalization of Apollo Commercial Real Estate Finance Inc. is $1.60B. A total of 1.26 million shares were traded on the day, compared to an average of 912.71K shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, ARI has seen 2 BUY and 1 SELL insider trades, representing the acquisition of 207,063 and the disposition of 75,757 shares. Over the last 12 months, there were 11 BUYs and 3 SELLs from insiders. Insiders purchased 278,579 shares during that period but sold 86,590.

In the most recent transaction, ROTHSTEIN STUART bought 15,000 shares of ARI for 11.18 per share on Nov 07. After the transaction, the President & CEO now owns 452,676 company shares. In a previous transaction on Aug 17, Carlton Pamela G sold 833 shares at 12.78 per share. ARI shares that Director owns now total 11,229.

Among the insiders who sold shares, BIDERMAN MARK C disposed of 10,000 shares on May 17 at a per-share price of $12.68. This resulted in the Director holding 65,663 shares of ARI after the transaction.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Apollo Commercial Real Estate Finance Inc. pays an annual dividend of $1.40, resulting in a dividend yield of 12.62%, and it has a price to earnings (P/E) ratio of 6.98. ARI’s most recent ex-dividend date was 12/29/2022 when it declared a $0.35 quarterly dividend that was paid in cash on 1/13/2023. Previously, the company paid the dividend on 10/14/2022 with an ex-dividend date of 9/29/2022. The ARI stock dividend was $0.35 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for ARI in the last 3 months, the mean price target is $11.63 with high estimates of $12.00 and low estimates of $11.00. In terms of 52-week highs and lows, ARI has a high of $14.55 and a low of $7.91.

As of this writing, ARI has an earnings estimate of $0.37 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $0.39 per share and a lower estimate of $0.35. The company reported an EPS of $0.37 in the last quarter, which was 5.70% higher than expectations of $0.35.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARI is Overweight with a score of 2.33. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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