Apollo Commercial Real Estate F found using ticker (ARI) now have 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 18.5 and 14.5 calculating the average target price we see 16.33. With the stocks previous close at 10.63 this indicates there is a potential upside of 53.6%. The 50 day moving average now sits at 12.17 and the 200 moving average now moves to 13.6. The company has a market capitalisation of $1,558m. You can visit the company’s website by visiting: https://www.apolloreit.com
The potential market cap would be $2,393m 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.
