About Apollo Investment Corporation
Apollo Investment Corporation is a closed-end, externally managed, non-diversified management investment company. The Company's investment objective is to generate current income and capital appreciation. It invests primarily in various forms of debt investments, including secured and unsecured debt, loan investments and/or equity in private middle-market companies. It may also invest in the securities of public companies and in structured products and other investments, such as collateralized loan obligations (CLOs) and credit-linked notes (CLNs). Its portfolio also includes equity interests, such as common stock, preferred stock, warrants or options. It invests in investments in the United States secured and unsecured loans, other debt securities and equity, and may also invests a portion of the portfolio in other investment opportunities, including foreign securities and structured products. Apollo Investment Management, L.P. is the investment advisor of the Company.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Asset Management
- Sub-Industry: Asset Management & Custody Banks
- Exchange: NASDAQ
- Symbol: AINV
- CUSIP: 03761U10
- Previous Close: $6.22
- 50 Day Moving Average: $6.01
- 200 Day Moving Average: $5.97
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.36
- P/E Growth: 3.14
- Market Cap: $1377.49B
- Beta: 0.73
- Net Margins: -4.38%
- Return on Equity: 10.03%
- Return on Assets: 5.61%
Companies Related to Apollo Investment Corporation:
- Debt-to-Equity Ratio: 0.69%
- Current Ratio: 1.08%
- Quick Ratio: 1.08%
What is Apollo Investment Corporation's stock symbol?
Apollo Investment Corporation trades on the NASDAQ under the ticker symbol "AINV."
How often does Apollo Investment Corporation pay dividends? What is the dividend yield for Apollo Investment Corporation?
Apollo Investment Corporation announced a quarterly dividend on Monday, February 6th. Shareholders of record on Tuesday, March 21st will be paid a dividend of $0.15 per share on Thursday, April 6th. This represents a $0.60 annualized dividend and a yield of 9.57%. The ex-dividend date is Friday, March 17th.
Where is Apollo Investment Corporation's stock going? Where will Apollo Investment Corporation's stock price be in 2017?
7 equities research analysts have issued 1-year target prices for Apollo Investment Corporation's shares. Their forecasts range from $5.75 to $7.00. On average, they anticipate Apollo Investment Corporation's stock price to reach $6.19 in the next twelve months.
When will Apollo Investment Corporation announce their earnings?
Apollo Investment Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, May, 17th 2017.
What are analysts saying about Apollo Investment Corporation stock?
Here are some recent quotes from research analysts about Apollo Investment Corporation stock:
According to Zacks Investment Research, "Apollo Investment Corporation is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. The Company's investment portfolio will be principally in middle-market private companies. " (2/7/2017)
National Securities analysts commented, "• AINV’s NAV/share slipped 1.3% sequentially Q/Q to $6.86, largely driven by unrealized depreciation pertaining to oil & gas and renewables. This was partially offset by accretive share repurchases and realized gains of $39.2 million.
• Non-accruals as a percentage of amortized cost decreased to 8.2% from 11.1% Q/Q. Spotted Hawk Development, LLC improved with unrealized losses decreasing from $20.7 million to $15.4 million as the investment was restructured and a portion of the new investment was placed back on accrual status and is producing income.
• The company has continued to shift to its new strategy of doing more sponsored investments, increasing to 44% from 39% the quarter prior. Additionally, the company is investing with MidCap and other Apollo funds utilizing exemptive relief. Sponsored investments comprising a greater portion of the portfolio bodes well for asset quality going forward.
• We expect AINV will continue to repurchase shares and that the portfolio will experience modest growth through fiscal 2018. We are maintaining our fiscal 2017 NII/share estimate of $0.67 and are lowering our fiscal 2018 NII/share estimate to $0.65 from $0.68.
Who owns Apollo Investment Corporation stock?
Apollo Investment Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Thornburg Investment Management Inc. (0.00%), Two Sigma Investments LP (0.00%), Van ECK Associates Corp (0.00%), Thrivent Financial for Lutherans (0.00%), Guggenheim Capital LLC (0.00%) and Bessemer Group Inc. (0.00%). Company insiders that own Apollo Investment Corporation stock include Edward J Goldthorpe, Elliot Stein Jr, Frank C Puleo, Hilary E Ackermann, Howard Widra and James C Zelter.
Who sold Apollo Investment Corporation stock? Who is selling Apollo Investment Corporation stock?
Apollo Investment Corporation's stock was sold by a variety of institutional investors in the last quarter, including First Republic Investment Management Inc., Raiff Partners Inc. and Meridian Investment Counsel Inc..
Who bought Apollo Investment Corporation stock? Who is buying Apollo Investment Corporation stock?
Apollo Investment Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Allianz Asset Management AG, Advisory Research Inc., Van ECK Associates Corp, GSA Capital Partners LLP, Capstone Investment Advisors LLC, Tudor Investment Corp Et Al and Guggenheim Capital LLC. Company insiders that have bought Apollo Investment Corporation stock in the last two years include Edward J Goldthorpe, Elliot Stein Jr, Frank C Puleo, Hilary E Ackermann, Howard Widra and James C Zelter.
How do I buy Apollo Investment Corporation stock?
Shares of Apollo Investment Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Apollo Investment Corporation stock cost?
One share of Apollo Investment Corporation stock can currently be purchased for approximately $6.27.