Apollo Commercial Real Estate F with ticker code (ARI) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 18.5 and 12.5 with the average target price sitting at 15.67. Now with the previous closing price of 10.44 this is indicating there is a potential upside of 50.1%. The 50 day MA is 11.48 while the 200 day moving average is 13.28. The market cap for the company is $1,494m. Company Website: https://www.apolloreit.com
The potential market cap would be $2,243m 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.
