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, November 5th. Investors of record on Friday, December 20th will be paid a dividend of $0.45 per share on Monday, January 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 10.29%. The ex-dividend date is Thursday, December 19th. View Apollo Investment's Dividend History.

Apollo Investment shares 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 market closes 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 of Directors has initiated a share buyback plan on Wednesday, February 6th 2019, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Apollo Investment Corp. (NASDAQ:AINV) announced its quarterly earnings data on Tuesday, November, 5th. The asset manager reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.11. The asset manager had revenue of $70.32 million for the quarter, compared to the consensus estimate of $68.67 million. Apollo Investment had a return on equity of 10.39% and a net margin of 23.47%. Apollo Investment's revenue for the quarter was up 6.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.45 EPS. View Apollo Investment's Earnings History.

Apollo Investment is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Apollo Investment.

Apollo Investment will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 brokers have issued 12-month target prices for Apollo Investment's stock. Their forecasts range from $14.00 to $18.00. On average, they anticipate Apollo Investment's share price to reach $16.60 in the next year. This suggests that the stock has a possible downside of 5.1%. View Analyst Price Targets for Apollo Investment.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Investment in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apollo Investment.

News coverage about AINV stock has trended somewhat positive recently, according to InfoTrie. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Apollo Investment earned a news impact score of 2.0 on InfoTrie's scale. They also assigned media stories about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate 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), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM) and Cohen & Steers (CNS).

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), iShares US Preferred Stock ETF (PFF), Energy Transfer LP Unit (ET), AT&T (T), Alerian MLP ETF (AMLP), ANNALY CAP MGMT/SH (NLY), Verizon Communications (VZ) and Enterprise Products Partners (EPD).

Apollo Investment's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Camelot Portfolios LLC (0.25%), Cozad Asset Management Inc. (0.10%) and AE Wealth Management LLC (0.04%). View Institutional Ownership Trends for Apollo Investment.

AINV stock was sold by a variety of institutional investors in the last quarter, including AE Wealth Management LLC and Cozad Asset Management Inc.. View Insider Buying and Selling for Apollo Investment.

AINV stock was bought by a variety of institutional investors in the last quarter, including Camelot Portfolios 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 $17.49.

Apollo Investment has a market capitalization of $1.16 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]