Apollo Commercial Real Estate Finance Inc (ARI): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Apollo Commercial Real Estate Finance, Inc. Announces 2024 Annual Meeting of Stockholders.

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Stocks Info

This NYSE-listed company operates within the REIT – Mortgage industry segment, falling under the Real Estate sector. The current market capitalization of Apollo Commercial Real Estate Finance Inc is $1.58B. A total of 0.68 million shares were traded on the day, compared to an average of 814.75K shares.

In the most recent transaction, ROTHSTEIN STUART sold 40,000 shares of ARI for 11.45 per share on Jan 16 ’24. After the transaction, the President & CEO now owns 541,675 company shares. In a previous transaction on Oct 16 ’23, ROTHSTEIN STUART sold 40,000 shares at 10.09 per share. ARI shares that President & CEO owns now total 490,766.

Among the insiders who sold shares, BIDERMAN MARK C disposed of 10,000 shares on Sep 06 ’23 at a per-share price of $10.60. This resulted in the Director holding 66,485 shares of ARI after the transaction. In another insider transaction, Carlton Pamela G sold 833 shares at $10.41 per share on Aug 17 ’23. Company shares held by the Director now total 21,218.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Apollo Commercial Real Estate Finance Inc pays an annual dividend of $1.40, resulting in a dividend yield of 12.61%, and it has a price to earnings (P/E) ratio of 37.82. ARI’s most recent ex-dividend date was 3/27/2024 when it declared a $0.35 quarterly dividend that was paid in cash on 4/15/2024. Previously, the company paid the dividend on 1/12/2024 with an ex-dividend date of 12/28/2023. The ARI stock dividend was $0.35 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, ARI has a high of $12.74 and a low of $8.58.

As of this writing, ARI has an earnings estimate of $0.3 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.36 per share and a lower estimate of $0.22. 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

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $15.71, while its Total Shareholder’s Equity was $2.29B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 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 Buy with a score of 2.83.

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