Apollo Commercial Real Estate F with ticker code (ARI) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 13.5 and 12 with the average target price sitting at 12.38. Now with the previous closing price of 12.64 this would indicate that there is a downside of -2.1%. There is a 50 day moving average of 11.63 and the 200 moving average now moves to 11.44. The company has a market capitalisation of $1,781m. Find out more information at: https://www.apolloreit.com
The potential market cap would be $1,745m 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.
