Apollo Commercial Real Estate F found using ticker (ARI) now have 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 18.5 and 11 and has a mean target at 13.75. With the stocks previous close at 11.19 this now indicates there is a potential upside of 22.9%. The 50 day MA is 11.84 and the 200 day moving average is 12.62. The market capitalisation for the company is $1,572m. Company Website: https://www.apolloreit.com
The potential market cap would be $1,931m 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.
