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 16 and 13 calculating the average target price we see 14.67. Given that the stocks previous close was at 13.38 this now indicates there is a potential upside of 9.6%. The day 50 moving average is 13.36 and the 200 moving average now moves to 14.8. The company has a market cap of $1,893m. Visit the company website at: https://www.apolloreit.com
The potential market cap would be $2,076m 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.
