Apollo Commercial Real Estate F found using ticker (ARI) have now 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 16 and 13 with the average target price sitting at 14.67. Given that the stocks previous close was at 13.97 this is indicating there is a potential upside of 5.0%. The 50 day MA is 13.48 and the 200 day moving average is 14.38. The market cap for the company is $1,962m. You can visit the company’s website by visiting: https://www.apolloreit.com
The potential market cap would be $2,060m 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.
