Street Target Update on Apollo Commercial Real Estate Finance (NYSE:ARI)

Stock's Buzzers: Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Stock's Buzzers: Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI)

Stock market analysts and brokers have recently amended their target prices on shares of Apollo Commercial Real Estate Finance (NYSE:ARI).

The latest Insider trade was made on 1 Mar 2017 where Biderman (Mark C) Director did a transaction type "Sell" in which 15000 shares were traded at a price of $18.23.

02/27/2015 - Apollo Commercial Real Estate Finance had its "outperform" rating reiterated by analysts at FBR Capital Markets. The share price has moved backward from its 20 days moving average -2.43% and negatively from its 50 days moving average -9.38%.

In the company's last quarter, Apollo Commercial Real Estate Finance, Inc. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.28. The firm had revenue of $53.58 million for the quarter, compared to analysts' expectations of $55.62 million. The firm's revenue was up.9% compared to the same quarter a year ago. The business's revenue for the quarter was up 23.9% on a year-over-year basis.

Apollo Commercial Real Estate Finance, Inc.

On 5/15/2013 Ares Commercial Real Estate Corp announced a quarterly dividend of $0.25 5.98% with an ex dividend date of 6/26/2013 which will be payable on 7/18/2013. This represents a $1.08 annualized dividend and a yield of 8.15%. The Series B Preferred dividend is payable on April 17, 2017 to Series B Preferred stockholders of record as of March 31, 2017.

In most recent quarter, LT Debt/Equity ratio was listed at 2.22 and Total Debt/Equity ratio was noted at 2.22.

Iridium Communications Inc. has a consensus outperform rating from 7 Wall Street analysts, and the number of shares now sold short amount to at least 28.52% of shares outstanding.

09/07/2016 - Apollo Commercial Real Estate Finance had its "equal weight" rating reiterated by analysts at Barclays. Finally, Bank of America Corp cut Ares Commercial Real Estate Corp from a "neutral" rating to an "underperform" rating in a research report on Thursday, December 15th.

Apollo Commercial Real Est. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover IRDM having a buy-equivalent rating. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Mr. Michael E. Salvati is now ranked as the number three insider in terms of representation on the cap table for the stock, holding 79,931 shares, valued at around $1453145.58 as of recent close. (NYSE:ARI) traded with the volume of 1.18 Million in the previous trading session.

Its last month's stock price volatility remained 2.97% which for the week stands at 3.24%. The stock is up 9.39% in this year through last close, and the beta ratio has a value of 0.66.

Ares Commercial Real Estate Corp (NYSE:ACRE) opened at 13.25 on Monday. Analysts polled by Thomson Reuters have a current consensus target on company stock of $16.86.

10/13/2016 - Apollo Commercial Real Estate Finance was upgraded to "market perform" by analysts at Wells Fargo.

Recommended News

  • The Vampire Diaries Star Kat Graham Hospitalized After Alleged Pot Brownie Trip

    The Vampire Diaries Star Kat Graham Hospitalized After Alleged Pot Brownie Trip

    She was reportedly spotted outside of a restaurant in the area as paramedics treated her and then loaded her into an ambulance. Luckily, Kat is safe and sound, and new details have emerged concerning what happened to cause the frightful incident.

    Q1 2017 EPS Estimates for TG Therapeutics Inc Lowered by Analyst (TGTX)

    One research analyst has rated the stock with a sell rating and eight have issued a buy rating to the company's stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website .
    Cannon AFB airmen from Tuesday plane crash in New Mexico identified

    Cannon AFB airmen from Tuesday plane crash in New Mexico identified

    Becker, 33, was originally from Novi, Mich. and worked as a pilot for the 318th Special Operations Squadron at the base. Cannon Air Force Base has identified the three aircrew members who died in a U-28A aircraft crash.
  • Torrance high school baseball player killed in car crash

    Torrance high school baseball player killed in car crash

    A 21-year-old man was arrested on suspicion of vehicular manslaughter. "It's incredibly tragic", Coach Grady Sain said. Police are searching for the identity of a second driver, who fled the scene, according to the Daily Breeze .

    Analysts showing optimistic trends for: Scorpio Tankers Inc. (NYSE:STNG)

    The stock is now moving above its 20-Day Simple Moving Average of -5.69% with the 50-Day Simple Moving Average of -5.69 percent. Scorpio Tankers Inc.is engaged in the seaborne transportation of refined petroleum products in the worldwide shipping markets.
    NCAA women's basketball tournament bracket released

    NCAA women's basketball tournament bracket released

    In February, they lost by 14 to the lowly Pitt Panthers, and they were crushed by Georgia Tech in January, losing by 22. There are two teams who play completely different styles and it will be fun to see which style can pull out the win.
  • April the pregnant giraffe 'getting bigger,' in better mood today

    April the pregnant giraffe 'getting bigger,' in better mood today

    Giraffes give birth standing up, so a newborn calf falls about 5 or 6 feet to the ground. The zoo's Giraffe Cam began live-streaming video from April's enclosed pen last week.
    Le'Veon Bell barred from attending Steelers fan's prom

    Le'Veon Bell barred from attending Steelers fan's prom

    Tarantino's father, Jim, hopes they can work something out with the school and said Thursday that she had filed her request. And when she surpassed that - she has since hit 2,000-plus - he tweeted, "A deal is a deal. see you at your prom".
    Pentatonix will Perform at Wisconsin State Fair

    Pentatonix will Perform at Wisconsin State Fair

    The Wisconsin State Fair will run Thursday, Aug. 3 through Sunday, Aug. 13 at Wisconsin State Fair Park in West Allis. Meanwhile, Kip Moore will take the Main Stage on Saturday, Aug. 5 at 8 p.m., along with opening act Maggie Rose .
  • Duke vs. South Carolina Prediction, Game Preview

    Duke vs. South Carolina Prediction, Game Preview

    SC prediction and game preview, as the No. 2 Blue Devils and No. 7 Gamecocks face off in the second round of the NCAA Tournament. It was the third NCAA Tournament game for Marquette graduate transfer Katin Reinhardt with his third different program.
    Buick Enclave Gets New Grille and Curvaceous Headlights

    Buick Enclave Gets New Grille and Curvaceous Headlights

    In another report, the 2018 Buick Enclave is expected to carry the 3.6-liter V-6 for the standard model. With regard to shape, the 2018 Buick Enclave is expected to have some resemblance with its predecessor.
    'The Amazing Race' 2017 - Meet the 22 Contestants!

    'The Amazing Race' 2017 - Meet the 22 Contestants!

    OMG! Beauregard and 21 others will take part in a race around the world spanning nine countries and 36,000 miles. Three of the participants , all of whom are competing for the $1 million prize, are from Colorado.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.