Apollo Commercial Real Estate F found using ticker (ARI) have now 3 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 16 and 13 and has a mean target at 14.67. Given that the stocks previous close was at 14.06 this indicates there is a potential upside of 4.3%. The 50 day MA is 13.39 and the 200 day MA is 14.55. The market cap for the company is $2,014m. Find out more information at: https://www.apolloreit.com
The potential market cap would be $2,101m 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.
