Apollo Commercial Real Estate F found using ticker (ARI) have now 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 12 and 9.5 with the average target price sitting at 11.38. With the stocks previous close at 11.08 this would indicate that there is a potential upside of 2.7%. There is a 50 day moving average of 11.52 and the 200 day moving average is 11.63. The market cap for the company is $1,575m. Company Website: https://www.apolloreit.com
The potential market cap would be $1,617m 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.
