As of close of business last night, Apollo Commercial Real Estate Finance Inc’s stock clocked out at $10.98, up 0.73% from its previous closing price of $10.90. In other words, the price has increased by $+0.08 from its previous closing price. On the day, 801390 shares were traded.
Ratios:
To gain a deeper understanding of ARI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.75. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1.56B. As of this moment, Apollo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.41, and their Forward P/E ratio for the next fiscal year is 9.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 534.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 0.70.
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 11.34, while the 200-Day Moving Average is calculated to be 10.90.
Shares Statistics:
It appears that ARI traded 893.03K shares on average per day over the past three months and 780.72k shares per day over the past ten days. A total of 140.60M shares are outstanding, with a floating share count of 140.26M. Insiders hold about 1.29% of the company’s shares, while institutions hold 63.50% stake in the company. Shares short for ARI as of Feb 15, 2024 were 3.39M with a Short Ratio of 3.79, compared to 3.01M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.38% and a Short% of Float of 3.30%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.40, ARI has a forward annual dividend rate of 1.40. Against a Trailing Annual Dividend Yield of 12.84%, it implies a Forward Annual Dividend Yield of 12.75%. The stock’s 5-year Average Dividend Yield is 12.47.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. 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
In the current quarter, 2 analysts expect revenue to total $58.45M. 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.
