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NASDAQ:AINV

Apollo Investment Stock Forecast, Price & News

$10.85
-0.26 (-2.34 %)
(As of 11/30/2020 12:00 AM ET)
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Today's Range
$10.80
Now: $10.85
$11.11
50-Day Range
$7.55
MA: $9.09
$11.13
52-Week Range
$5.20
Now: $10.85
$18.33
Volume402,210 shs
Average Volume674,686 shs
Market Capitalization$708.06 million
P/E RatioN/A
Dividend Yield11.16%
Beta1.81
Apollo Investment Corporation is business development company specializing in middle market companies. It provides direct equity capital, mezzanine and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in warrants, makes equity co-investments, and may also invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded. It also focuses on other investments such as collateralized loan obligations and credit-linked notes. The fund typically invests in building materials, business services, cable television, chemicals, consumer products, direct marketing, distribution, energy and utilities, financial services, healthcare, manufacturing, media, publishing, retail and transportation. It primarily invests between $20 million and $250 million in its portfolio companies. The fund seeks to make investments with stated maturities of five to 10 years.
Apollo Investment logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.54 out of 5 stars


Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryAsset Management & Custody Banks
SectorFinance
Current SymbolNASDAQ:AINV
CUSIP03761U10
Phone212-515-3450
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$276.92 million
Cash Flow$5.83 per share
Book Value$15.44 per share

Profitability

Net Income$-116,060,000.00

Miscellaneous

Market Cap$708.06 million
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$10.85
-0.26 (-2.34 %)
(As of 11/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Apollo Investment (NASDAQ:AINV) Frequently Asked Questions

How has Apollo Investment's stock been impacted by Coronavirus?

Apollo Investment's stock was trading at $12.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AINV stock has decreased by 13.8% and is now trading at $10.85.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Apollo Investment?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Investment in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Apollo Investment
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Apollo Investment?

Wall Street analysts have given Apollo Investment a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Apollo Investment wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Apollo Investment's next earnings date?

Apollo Investment is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Apollo Investment
.

How were Apollo Investment's earnings last quarter?

Apollo Investment Co. (NASDAQ:AINV) issued its quarterly earnings results on Tuesday, November, 10th. The asset manager reported $0.43 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.40 by $0.03. The asset manager had revenue of $54.89 million for the quarter, compared to analysts' expectations of $55.35 million. Apollo Investment had a negative net margin of 43.98% and a positive return on equity of 12.35%. The business's revenue for the quarter was down 21.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.53 EPS.
View Apollo Investment's earnings history
.

How often does Apollo Investment pay dividends? What is the dividend yield for Apollo Investment?

Apollo Investment announced a quarterly dividend on Monday, November 9th. Investors of record on Monday, December 21st will be paid a dividend of $0.36 per share on Thursday, January 7th. This represents a $1.44 annualized dividend and a dividend yield of 13.27%. The ex-dividend date of this dividend is Friday, December 18th. This is a boost from Apollo Investment's previous quarterly dividend of $0.31.
View Apollo Investment's dividend history
.

When did Apollo Investment's stock split? How did Apollo Investment's stock split work?

Apollo Investment's stock 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 closing bell on Thursday, November 29th 2018. An investor that had 100 shares of Apollo Investment stock prior to the reverse split would have 33 shares after the split.

How will Apollo Investment's stock buyback program work?

Apollo Investment announced that its board has initiated a stock buyback program on Wednesday, February 6th 2019, which permits the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 4.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

What price target have analysts set for AINV?

7 brokerages have issued twelve-month price targets for Apollo Investment's stock. Their forecasts range from $6.50 to $11.00. On average, they anticipate Apollo Investment's stock price to reach $8.83 in the next twelve months. This suggests that the stock has a possible downside of 18.6%.
View analysts' price targets for Apollo Investment
.

Who are some of Apollo Investment's key competitors?

What other stocks do shareholders of Apollo Investment own?

Who are Apollo Investment's key executives?

Apollo Investment's management team includes the following people:
  • Mr. John J. Hannan, Chairman (Age 68)
  • Mr. Howard T. Widra, CEO & Director (Age 48)
  • Mr. Tanner Powell, Pres (Age 40)
  • Mr. Gregory William Hunt, CFO & Treasurer (Age 63)
  • Mr. Amit Joshi, VP, Chief Accounting Officer, Controller & Assistant Treasurer (Age 37)
  • Ms. Elizabeth Besen, Investor Relations Mang.
  • Mr. Joseph Daniel Glatt Esq., Chief Legal Officer, VP & Sec. (Age 47)
  • Ms. Isabelle Gold, VP & Chief Compliance Officer (Age 37)
  • Mr. Justin Sendak, Managing Director (Age 51)
  • Mr. Daniel Vogel, Managing Director

What is Apollo Investment's stock symbol?

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

Who are Apollo Investment's major shareholders?

Apollo Investment's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Apollo Management Holdings L.P. (4.44%), Wells Fargo & Company MN (3.38%), Arrowstreet Capital Limited Partnership (2.94%), Morgan Stanley (1.23%), BlackRock Inc. (0.86%) and Muzinich & Co. Inc. (0.65%). Company insiders that own Apollo Investment stock include Elliot Stein Jr and Howard Widra.
View institutional ownership trends for Apollo Investment
.

Which major investors are selling Apollo Investment stock?

AINV stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Morgan Stanley, Muzinich & Co. Inc., Aigen Investment Management LP, Great West Life Assurance Co. Can, Virtus ETF Advisers LLC, Ausdal Financial Partners Inc., and Guggenheim Capital LLC.
View insider buying and selling activity for Apollo Investment
.

Which major investors are buying Apollo Investment stock?

AINV stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, WINTON GROUP Ltd, Camelot Portfolios LLC, Sequoia Financial Advisors LLC, First Allied Advisory Services Inc., ExodusPoint Capital Management LP, and Advisors Asset Management Inc.. Company insiders that have bought Apollo Investment stock in the last two years include Elliot Stein Jr, and Howard Widra.
View insider buying and selling activity for Apollo Investment
.

How do I buy shares of Apollo Investment?

Shares of AINV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Apollo Investment's stock price today?

One share of AINV stock can currently be purchased for approximately $10.85.

How big of a company is Apollo Investment?

Apollo Investment has a market capitalization of $708.06 million and generates $276.92 million in revenue each year. The asset manager earns $-116,060,000.00 in net income (profit) each year or $2.16 on an earnings per share basis.

What is Apollo Investment's official website?

The official website for Apollo Investment is www.apolloic.com.

How can I contact Apollo Investment?

Apollo Investment's mailing address is 9 West 57th Street 37th Floor, New York NY, 10019. The asset manager can be reached via phone at 212-515-3450 or via email at [email protected]

This page was last updated on 12/1/2020 by MarketBeat.com Staff

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