In the latest session, Apollo Commercial Real Estate Finance Inc (NYSE: ARI) closed at $10.83 down -1.01% from its previous closing price of $10.94. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 808000 shares were traded. ARI stock price reached its highest trading level at $10.93 during the session, while it also had its lowest trading level at $10.75.
Ratios:
For a deeper understanding of Apollo Commercial Real Estate Finance Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.65. In the meantime, Its Debt-to-Equity ratio is 3.15 whereas as Long-Term Debt/Eq ratio is at 2.76.
On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $10.50.
JP Morgan Upgraded its Underweight to Neutral on August 02, 2023, while the target price for the stock was maintained at $10.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 16 ’24 when ROTHSTEIN STUART sold 40,000 shares for $11.45 per share. The transaction valued at 458,192 led to the insider holds 541,675 shares of the business.
ROTHSTEIN STUART sold 40,000 shares of ARI for $403,564 on Oct 16 ’23. The President & CEO now owns 490,766 shares after completing the transaction at $10.09 per share. On Sep 06 ’23, another insider, BIDERMAN MARK C, who serves as the Director of the company, sold 10,000 shares for $10.60 each. As a result, the insider received 106,002 and left with 66,485 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARI now has a Market Capitalization of 1.54B. As of this moment, Apollo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.90, and their Forward P/E ratio for the next fiscal year is 9.06. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 527.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 0.69.
Stock Price History:
Over the past 52 weeks, ARI has reached a high of $12.74, while it has fallen to a 52-week low of $8.58. The 50-Day Moving Average of the stock is 11.07, while the 200-Day Moving Average is calculated to be 10.95.
Shares Statistics:
For the past three months, ARI has traded an average of 810.64K shares per day and 830.74k over the past ten days. A total of 140.60M shares are outstanding, with a floating share count of 140.27M. Insiders hold about 1.29% of the company’s shares, while institutions hold 63.51% stake in the company. Shares short for ARI as of Mar 15, 2024 were 3.64M with a Short Ratio of 4.49, compared to 3.39M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.56% and a Short% of Float of 3.55%.
Dividends & Splits
According to the company, the forward annual dividend rate for ARI is 1.40, from 1.40 in the trailing year. Against a Trailing Annual Dividend Yield of 12.80%, it implies a Forward Annual Dividend Yield of 12.77%. The stock’s 5-year Average Dividend Yield is 12.47.
Earnings Estimates
There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.3 for the current quarter, with a high estimate of $0.36 and a low estimate of $0.22, while EPS last year was $0.48. The consensus estimate for the next quarter is $0.32, with high estimates of $0.39 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.46 and $0.93 for the fiscal current year, implying an average EPS of $1.25. EPS for the following year is $1.29, with 3 analysts recommending between $1.37 and $1.23.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $58.45M this quarter.It ranges from a high estimate of $59.4M to a low estimate of $57.5M. As of the current estimate, Apollo Commercial Real Estate Finance Inc’s year-ago sales were $70.99M, an estimated decrease of -17.70% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $58.7M, a decrease of -6.80% over than the figure of -$17.70% in the same quarter last year. There is a high estimate of $59.1M for the next quarter, whereas the lowest estimate is $58.3M.
A total of 2 analysts have provided revenue estimates for ARI’s current fiscal year. The highest revenue estimate was $244.3M, while the lowest revenue estimate was $231.6M, resulting in an average revenue estimate of $237.95M. In the same quarter a year ago, actual revenue was $252.17M, down -5.60% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $239M in the next fiscal year. The high estimate is $257.6M and the low estimate is $220.4M. The average revenue growth estimate for next year is up 0.40% from the average revenue estimate for this year.
