Apollo Commercial Real Estate F found using ticker (ARI) have now 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 16 and 15.5 and has a mean target at 15.67. With the stocks previous close at 13.22 this would indicate that there is a potential upside of 18.5%. The 50 day moving average now sits at 13.49 while the 200 day moving average is 14.91. The company has a market capitalisation of $1,847m. Visit the company website at: https://www.apolloreit.com
The potential market cap would be $2,189m based on the market concensus.
Apollo Commercial Real Estate Finance operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders. Apollo Commercial Real Estate Finance was founded in 2009 and is based in New York, New York.
