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.