NASDAQ:AINV - Apollo Investment Stock Price, Forecast & News

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

Apollo Investment announced a quarterly dividend on Tuesday, February 4th. Shareholders of record on Friday, March 20th will be paid a dividend of $0.45 per share on Monday, April 6th. This represents a $1.80 annualized dividend and a yield of 10.61%. The ex-dividend date is Thursday, March 19th. View Apollo Investment's Dividend History.

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.

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

Apollo Investment Corp. (NASDAQ:AINV) released its quarterly earnings results on Tuesday, February, 4th. The asset manager reported $0.54 EPS for the quarter, beating the consensus estimate of $0.46 by $0.08. The asset manager had revenue of $68.48 million for the quarter, compared to analyst estimates of $71.49 million. Apollo Investment had a net margin of 23.63% and a return on equity of 10.96%. The business's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.45 earnings per share. View Apollo Investment's Earnings History.

Apollo Investment is scheduled to release their next quarterly earnings announcement on Thursday, May 21st 2020. View Earnings Estimates for Apollo Investment.

4 analysts have issued 12 month price targets for Apollo Investment's stock. Their forecasts range from $17.00 to $18.00. On average, they expect Apollo Investment's share price to reach $17.25 in the next year. This suggests a possible upside of 1.7% from the stock's current price. View Analyst Price Targets for Apollo Investment.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Investment in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apollo Investment.

News stories about AINV stock have been trending very negative this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Apollo Investment earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the asset manager a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Apollo Investment.

Some companies that are related to Apollo Investment include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), State Street (STT), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Legg Mason (LM), Affiliated Managers Group (AMG), Cohen & Steers (CNS) and Federated Investors (FII).

Based on aggregate information from My MarketBeat watchlists, some companies that other Apollo Investment investors own include AGNC Investment (AGNC), Ares Capital (ARCC), Prospect Capital (PSEC), Energy Transfer LP Unit (ET), AT&T (T), ANNALY CAP MGMT/SH (NLY), iShares US Preferred Stock ETF (PFF), Alerian MLP ETF (AMLP), Verizon Communications (VZ) and Enterprise Products Partners (EPD).

Apollo Investment's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Thornburg Investment Management Inc. (8.83%), Van ECK Associates Corp (1.01%), Muzinich & Co. Inc. (0.93%), Telemus Capital LLC (0.90%), Confluence Investment Management LLC (0.62%) and Virtus ETF Advisers LLC (0.44%). View Institutional Ownership Trends for Apollo Investment.

AINV stock was sold by a variety of institutional investors in the last quarter, including Thornburg Investment Management Inc., Schonfeld Strategic Advisors LLC, UBS Group AG, Muzinich & Co. Inc., Advisor Group Inc., Advisory Research Inc., Bank of America Corp DE and Guggenheim Capital LLC. View Insider Buying and Selling for Apollo Investment.

AINV stock was bought by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Rafferty Asset Management LLC, Sequoia Financial Advisors LLC, Russell Investments Group Ltd., Lido Advisors LLC, Cubic Asset Management LLC, Ieq Capital LLC and Ieq Capital LLC. View Insider Buying and Selling for 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.

One share of AINV stock can currently be purchased for approximately $16.96.

Apollo Investment has a market capitalization of $1.13 billion and generates $255.08 million in revenue each year. The asset manager earns $71.95 million in net income (profit) each year or $1.81 on an earnings per share basis. View Additional Information About Apollo Investment.

The official website for Apollo Investment is http://www.apolloic.com/.

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 investorrel[email protected]