Apollo Investment - AINV Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Investment in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" AINV shares.
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1 equities research analysts have issued 1-year price objectives for Apollo Investment's shares. Their AINV share price forecasts range from $13.00 to $13.50. On average, they expect the company's share price to reach $13.33 in the next twelve months.
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Apollo Investment Co. (NASDAQ:AINV) announced its earnings results on Thursday, November, 4th. The asset manager reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.02. The asset manager earned $52.90 million during the quarter, compared to the consensus estimate of $51.07 million. Apollo Investment had a trailing twelve-month return on equity of 9.28% and a net margin of 25.87%. The firm's revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.43 EPS.

Apollo Investment announced a quarterly dividend on Monday, August 1st. Shareholders of record on Tuesday, September 20th will be paid a dividend of $0.32 per share on Tuesday, October 11th. This represents a $1.28 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Monday, September 19th.
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Apollo Investment (NASDAQ:AINV) pays an annual dividend of $1.24 per share and currently has a dividend yield of 9.08%. AINV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 142.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AINV will have a dividend payout ratio of 80.00% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AINV.

Apollo Investment shares reverse split on Friday, November 30th 2018. The 1-3 reverse split was announced on Tuesday, October 30th 2018. The number of shares owned by shareholders was adjusted after the market closes on Thursday, November 29th 2018. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Apollo Investment announced that its board has authorized a share buyback program on Thursday, February 3rd 2022, which permits the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

Based on aggregate information from My MarketBeat watchlists, some companies that other Apollo Investment investors own include AGNC Investment (AGNC), Annaly Capital Management (NLY), AT&T (T), Energy Transfer (ET), Prospect Capital (PSEC), Ares Capital (ARCC), Enterprise Products Partners (EPD), ARMOUR Residential REIT (ARR), iShares Preferred and Income Securities ETF (PFF) and Chimera Investment (CIM).

Apollo Investment trades on the NASDAQ under the ticker symbol "AINV."

Apollo Investment's stock is owned by many different institutional and retail investors. Top institutional investors include Simplex Trading LLC (0.00%), Susquehanna International Group LLP (0.00%), Group One Trading L.P. (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Barbara Ruth Matas and Howard Widra.
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Apollo Investment (NASDAQ:AINV) has a market capitalization of $0.00 and generates $213.15 million in revenue each year. The asset manager earns $82.36 million in net income (profit) each year or $0.87 on an earnings per share basis.

Apollo Investment's mailing address is 9 West 57th Street 37th Floor, New York NY, 10019. The official website for the company is www.apolloic.com. The asset manager can be reached via phone at (212) 515-3450 or via email at investorrelations@apolloic.com.