Apollo Commercial Real Estate F with ticker code (ARI) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 18.5 and 12.5 with a mean TP of 14.67. With the stocks previous close at 11.42 this is indicating there is a potential upside of 28.5%. The 50 day moving average now sits at 11.37 and the 200 moving average now moves to 13.19. The company has a market capitalisation of $1,606m. Visit the company website at: https://www.apolloreit.com
The potential market cap would be $2,062m 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.
