Apollo Commercial Real Estate F with ticker code (ARI) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 12 and 11.5 with a mean TP of 11.83. Given that the stocks previous close was at 11.81 this is indicating there is a potential upside of .2%. The day 50 moving average is 11.62 while the 200 day moving average is 11.37. The company has a market capitalisation of $1,633m. You can visit the company’s website by visiting: https://www.apolloreit.com
The potential market cap would be $1,636m 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.
