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

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

Apollo Investment declared 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 11.17%. The ex-dividend date of this dividend is Thursday, March 19th. View Apollo Investment's Dividend History.

Shares of Apollo Investment reverse split before market open 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 declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 6th 2019, which authorizes the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 4.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its stock is undervalued.

Apollo Investment Corp. (NASDAQ:AINV) announced its quarterly earnings data on Tuesday, February, 4th. The asset manager reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.08. The asset manager earned $68.48 million during the quarter, compared to analysts' expectations of $71.49 million. Apollo Investment had a return on equity of 10.96% and a net margin of 23.63%. Apollo Investment's revenue was up 6.9% on a year-over-year basis. During the same period 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 objectives 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 7.1% 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.

Media headlines about AINV stock have trended very positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Apollo Investment earned a media sentiment score of 3.7 on InfoTrie's scale. They also assigned media stories about the asset manager a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. 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 institutional and retail investors. Top institutional investors 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 acquired 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 $16.11.

Apollo Investment has a market capitalization of $1.07 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 [email protected]