Apollo Commercial Real Estate F with ticker code (ARI) have now 3 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 12 and 10 calculating the average target price we see $11.33. Now with the previous closing price of $9.48 and the analysts are correct then we can expect a percentage increase in value of 19.5%. It’s also worth noting that there is a 50 day moving average of $10.20 and the 200 day MA is $11.03. The total market capitalization for the company now stands at $1,339m. Company Website: https://www.apolloreit.com
The potential market cap would be $1,601m based on the market consensus.
Apollo Commercial Real Estate Finance, Inc. 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, Inc. was founded in 2009 and is based in New York, New York.
The company has a dividend yield of 14.77% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 5.64, revenue per share of 2.29 and a 2.95% return on assets.
