Apollo Commercial Real Estate F with ticker code (ARI) now have 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 12 and 10 and has a mean target at $11.33. Given that the stocks previous close was at $9.18 and the analysts are correct then we can expect a percentage increase in value of 23.4%. The 50 day MA is $10.49 while the 200 day moving average is $11.06. The company has a market capitalization of $1,297m. 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 15.25% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 5.46, revenue per share of 2.29 and a 2.95% return on assets.
