Closing Bell Recap: Apollo Commercial Real Estate Finance Inc (ARI) Ends at 8.66, Reflecting a -1.14 Downturn

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

Apollo Commercial Real Estate Finance Inc (NYSE: ARI) closed the day trading at $8.66 down -1.14% from the previous closing price of $8.76. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 1.08 million shares were traded. ARI stock price reached its highest trading level at $8.725 during the session, while it also had its lowest trading level at $8.58.

Ratios:

For a better understanding of ARI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.45. In the meantime, Its Debt-to-Equity ratio is 3.81 whereas as Long-Term Debt/Eq ratio is at 3.14.

On March 04, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral but kept the price unchanged to $10.50.

On December 06, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $10.50.UBS initiated its Neutral rating on December 06, 2023, with a $10.50 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 06 ’24 when Carlton Pamela G sold 833 shares for $10.32 per share. The transaction valued at 8,597 led to the insider holds 29,525 shares of the business.

Carlton Pamela G bought 833 shares of ARI for $8,491 on Sep 06 ’24. On Aug 26 ’24, another insider, Scott Weiner, who serves as the Partner of the company, bought 363,904 shares for $10.44 each.

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 1196595584 and an Enterprise Value of 8130122240. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 50.465.

Stock Price History:

Over the past 52 weeks, ARI has reached a high of $12.00, while it has fallen to a 52-week low of $8.52. The 50-Day Moving Average of the stock is -4.20%, while the 200-Day Moving Average is calculated to be -12.45%.

Shares Statistics:

Over the past 3-months, ARI traded about 1.29M shares per day on average, while over the past 10 days, ARI traded about 1836850 shares per day. A total of 138.17M shares are outstanding, with a floating share count of 136.61M. Insiders hold about 1.13% of the company’s shares, while institutions hold 64.72% stake in the company. Shares short for ARI as of 1734048000 were 3210702 with a Short Ratio of 2.49, compared to 1731628800 on 3537624. Therefore, it implies a Short% of Shares Outstanding of 3210702 and a Short% of Float of 3.26.

Dividends & Splits

ARI’s forward annual dividend rate is 1.20, up from 1.3 a year ago. Against a Trailing Annual Dividend Yield of 0.15276144The stock’s 5-year Average Dividend Yield is 13.12.

Most Popular