Apollo Commercial Real Est. Finance Company Profile (NYSE:ARI)

About Apollo Commercial Real Est. Finance

Apollo Commercial Real Est. Finance logoApollo Commercial Real Estate Finance, Inc. (ARI) is a real estate investment trust (REIT). The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments. These asset classes are referred to as the Company's target assets. The Company's principal business objective is to make investments in its target assets in order to provide risk adjusted returns to its stockholders over the long term, primarily through dividends and secondarily through capital appreciation. Its investments consist primarily of commercial mortgage loans, subordinate loans and other real estate related assets that are classified as either available-for-sale or held-to-maturity. Its targets investments that are secured by institutional quality real estate. The Company is externally managed and advised by ACREFI Management, LLC (the Manager).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Diversified
  • Sub-Industry: Mortgage REITs
  • Exchange: NYSE
  • Symbol: ARI
  • CUSIP: 03762U10
Key Metrics:
  • Previous Close: $17.97
  • 50 Day Moving Average: $17.42
  • 200 Day Moving Average: $16.89
  • 52-Week Range: $80,841,000.00 - $15.31
  • Trailing P/E Ratio: 12.64
  • Foreward P/E Ratio: 9.03
  • P/E Growth: 1.80
  • Market Cap: $1.45B
  • Outstanding Shares: 80,841,000
  • Beta: 0.63
Profitability:
  • Net Margins: 66.26%
  • Return on Equity: 10.53%
  • Return on Assets: 5.21%
Debt:
  • Debt-to-Equity Ratio: 0.72%
  • Current Ratio: 85.61%
  • Quick Ratio: 85.61%
Additional Links:
Companies Related to Apollo Commercial Real Est. Finance:

Analyst Ratings

Consensus Ratings for Apollo Commercial Real Est. Finance (NYSE:ARI) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $16.75 (6.79% downside)

Analysts' Ratings History for Apollo Commercial Real Est. Finance (NYSE:ARI)
Show:
DateFirmActionRatingPrice TargetDetails
12/21/2016Bank of America CorpDowngradeBuy -> NeutralView Rating Details
10/13/2016Wells Fargo & CoUpgradeUnderperform -> Market PerformView Rating Details
9/8/2016Barclays PLCReiterated RatingEqual Weight$17.00View Rating Details
7/28/2016Keefe, Bruyette & WoodsBoost Price TargetMarket Perform$16.00 -> $16.50View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Apollo Commercial Real Est. Finance (NYSE:ARI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017Q416$0.44$55.62 millionListenView Earnings Details
10/26/2016Q316$0.46$0.45$7.60 million$53.32 millionViewListenView Earnings Details
7/26/2016Q216$0.48$0.51$7.60 million$46.90 millionViewListenView Earnings Details
4/26/2016Q116$0.49$0.51$7.60 million$46.80 millionViewListenView Earnings Details
2/9/2016Q415$0.47$0.48$7.60 million$43.24 millionViewListenView Earnings Details
10/29/2015Q315$0.49$0.53$7.60 million$38.70 millionViewListenView Earnings Details
7/28/2015Q215$0.45$0.45$7.60 million$32.82 millionViewListenView Earnings Details
4/28/2015Q115$0.45$0.44$28.97 millionViewListenView Earnings Details
2/25/2015Q414$0.45ViewListenView Earnings Details
10/28/2014Q314$0.45$0.44$29.47 million$26.57 millionViewListenView Earnings Details
7/29/2014Q214$0.37$0.42$24.76 millionViewListenView Earnings Details
4/29/2014Q114$0.41$0.37$21.82 millionViewListenView Earnings Details
2/26/2014Q413$0.42$0.37ViewListenView Earnings Details
11/5/2013Q313$0.34$0.35$18.80 millionViewListenView Earnings Details
8/1/2013Q213$0.31$0.31$17.94 millionViewListenView Earnings Details
5/2/2013Q113$0.30$0.33ViewListenView Earnings Details
2/28/2013Q412$0.30$0.27$7.60 millionViewListenView Earnings Details
11/1/2012Q312$0.40$0.44ViewN/AView Earnings Details
8/6/2012$0.40$0.41ViewN/AView Earnings Details
5/3/2012$0.43$0.42ViewN/AView Earnings Details
2/28/2012$0.42$0.39ViewN/AView Earnings Details
11/3/2011$0.39$0.28ViewN/AView Earnings Details
8/4/2011$0.38$0.40ViewN/AView Earnings Details
5/10/2011$0.29$0.29ViewN/AView Earnings Details
3/2/2011$0.28$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Apollo Commercial Real Est. Finance (NYSE:ARI)
Current Year EPS Consensus Estimate: $1.98 EPS
Next Year EPS Consensus Estimate: $1.99 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.46$0.46$0.46
Q2 20161$0.48$0.48$0.48
Q3 20161$0.47$0.47$0.47
Q4 20161$0.47$0.47$0.47
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Apollo Commercial Real Est. Finance (NYSE:ARI)
Annual Dividend:$1.84
Dividend Yield:10.24%
Dividend Growth:4.80% (3 Year Average)
Payout Ratio:132.38% (Based on Trailing 12 Months of Earnings)
92.93% (Based on Current Year Consensus EPS Estimate)
92.46% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Apollo Commercial Real Est. Finance (NYSE:ARI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/12/2016Quarterly$0.4610.86%12/28/201612/30/20161/17/2017
9/14/2016Quarterly$0.469/28/20169/30/201610/17/2016
6/17/2016Quarterly$0.466/28/20166/30/20167/15/2016
3/16/2016Quarterly$0.463/29/20163/31/20164/15/2016
12/14/2015Quarterly$0.4612/29/201512/31/20151/15/2016
7/28/2015$0.449/28/20159/30/201510/15/2015
4/29/2015quarterly$0.4410.29%6/26/20156/30/20157/15/2015
2/26/2015quarterly$0.4410.3%3/27/20153/31/20154/15/2015
10/29/2014quarterly$0.409.88%12/29/201412/31/20141/15/2015
7/29/2014quarterly$0.409.61%9/26/20149/30/201410/15/2014
4/30/2014quarterly$0.409.41%6/26/20146/30/20147/15/2014
2/26/2014quarterly$0.409.61%3/27/20143/31/20144/14/2014
11/5/2013quarterly$0.409.91%12/27/201312/31/20131/13/2014
7/31/2013quarterly$0.4010.24%9/26/20139/30/201310/11/2013
5/1/2013quarterly$0.408.99%6/26/20136/28/20137/12/2013
2/27/2013quarterly$0.409.28%3/26/20133/29/20134/12/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Apollo Commercial Real Est. Finance (NYSE:ARI)
Insider Ownership Percentage: 0.71%
Institutional Ownership Percentage: 50.64%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/4/2016Stuart RothsteinCEOSell10,000$17.01$170,100.00View SEC Filing  
11/2/2015Stuart RothsteinCEOSell10,000$17.00$170,000.00View SEC Filing  
8/24/2015Eric PressDirectorBuy66,875$14.19$948,956.25View SEC Filing  
3/11/2015Stuart RothsteinCEOBuy2,500$16.80$42,000.00View SEC Filing  
3/10/2015Michael SalvatiDirectorBuy5,000$16.77$83,850.00View SEC Filing  
3/5/2015Eric PressDirectorBuy30,000$16.80$504,000.00View SEC Filing  
3/3/2015Eric PressDirectorBuy91,278$17.36$1,584,586.08View SEC Filing  
11/5/2014Eric PressDirectorBuy21,207$16.24$344,401.68View SEC Filing  
10/1/2014Stuart RothsteinCEOSell3,000$15.65$46,950.00View SEC Filing  
8/5/2014Joseph F AzrackDirectorSell31,451$16.51$519,256.01View SEC Filing  
7/1/2014Stuart RothsteinCEOSell3,000$16.54$49,620.00View SEC Filing  
6/17/2013Stuart RothsteinCEOSell3,000$16.70$50,100.00View SEC Filing  
3/15/2013Michael D SifenMajor ShareholderBuy200,000$1.50$300,000.00View SEC Filing  
8/23/2012Group Ltd AtheneMajor ShareholderSell59,191$17.28$1,022,820.48View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Apollo Commercial Real Est. Finance (NYSE:ARI)
DateHeadline
News IconApollo Commercial Real Est. Finance Inc (NYSE:ARI)
prensariotiretail.com - February 25 at 8:32 PM
News IconApollo Commercial Real Est. Finance Inc (ARI) to Release Earnings on Monday (NYSE:ARI)
giftedviz.com - February 25 at 1:51 AM
News IconTechnical Investor Update on Shares of Apollo Commercial Real Estate Finance Inc (ARI) - Piedmont Register (NYSE:ARI)
piedmontregister.com - February 24 at 3:48 PM
News IconEarnings And Analyst Opinion Offer Spending Insights: Capstead ... - Post Analyst (NYSE:ARI)
www.postanalyst.com - February 24 at 3:48 PM
News IconThe Technicals For Apollo Commercial Real Estate Finance, Inc. (ARI) Have Been Dissected (Brutally) - NY Stock News (NYSE:ARI)
nystocknews.com - February 24 at 3:48 PM
News IconAnalysts Take: Apollo Commercial Real Estate Finance (NYSE:ARI) Projected Earnings & Price Targets - Aiken Advocate (NYSE:ARI)
aikenadvocate.com - February 21 at 8:48 AM
News IconStock Price of Apollo Commercial Real Estate Finance (ARI) Increases 0.23% - Highland Mirror (NYSE:ARI)
www.highlandmirror.com - February 21 at 8:48 AM
News IconAnalyst Observation On 2 Stocks: Build-A-Bear Workshop, Inc. (BBW), Apollo Commercial Real Estate Finance, Inc. (ARI) - Post Analyst (NYSE:ARI)
postanalyst.com - February 18 at 9:42 AM
News IconEquity Watch: Checking on the Levels for Apollo Commercial Real Estate Finance Inc. (ARI) - Baldwin Journal (NYSE:ARI)
baldwinjournal.com - February 18 at 9:42 AM
News IconDividend Growth of Apollo Commercial Real Estate Finance(ARI) - Highland Mirror (NYSE:ARI)
www.highlandmirror.com - February 18 at 9:42 AM
News IconA ‘remarkably solid’ 10.4% yield (NYSE:ARI)
thecrux.com - February 17 at 6:32 PM
4-traders.com logoApollo Commercial Real Est Finance : Estate Finance, Inc. Completes $160 Million of New Investments (NYSE:ARI)
www.4-traders.com - February 16 at 8:41 PM
4-traders.com logoApollo Commercial Real Est Finance : Estate Finance, Inc. Completes $160 Million of New Investments (NYSE:ARI)
www.4-traders.com - February 16 at 8:41 PM
4-traders.com logoApollo Commercial Real Est Finance : Estate Finance, Inc. Completes $160 Million of New Investments (NYSE:ARI)
www.4-traders.com - February 16 at 8:41 PM
capitalcube.com logoApollo Commercial Real Estate Finance, Inc. : ARI-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:ARI)
www.capitalcube.com - February 16 at 3:40 PM
News IconImpact of Brokerage Rating on Apollo Commercial Real Estate ... - Morning Outlook (NYSE:ARI)
www.morningoutlook.com - February 16 at 8:31 AM
News IconWhy Apollo Commercial Real Estate Finance Inc (ARI) Delivered An Inferior ROE Compared To The Industry? (NYSE:ARI)
simplywall.st - February 13 at 1:38 AM
gurufocus.com logoYorktown Management & Research Co Inc Buys Apollo Commercial Real Estate Finance, MFA Financial, TPG ... - GuruFocus.com (NYSE:ARI)
www.gurufocus.com - February 10 at 9:05 PM
News IconMarket Scout: Checking the Levels for Apollo Commercial Real Estate Finance Inc. (ARI) - Benton Bulletin (NYSE:ARI)
bentonbulletin.com - February 8 at 8:53 PM
uk.finance.yahoo.com logoSouth Africa gold industry says government has $275 mln for silicosis compensation (NYSE:ARI)
uk.finance.yahoo.com - February 8 at 3:53 PM
News IconNew Analyst Ratings On Apollo Commercial Real Estate Finance (NYSE:ARI) - NewsDen (NYSE:ARI)
newsden.net - February 4 at 1:50 AM
prnewswire.com logoResearch Reports Coverage on REIT Stocks -- National Retail ... - PR Newswire (press release) (NYSE:ARI)
www.prnewswire.com - February 3 at 3:47 PM
News IconApollo Commercial Real Estate Finance, Inc. Completes $160 Million of New Investments - Satellite PR News (press release) (NYSE:ARI)
www.satprnews.com - February 2 at 3:40 PM
finance.yahoo.com logoApollo Commercial Real Estate Finance, Inc. Completes $160 Million of New Investments (NYSE:ARI)
finance.yahoo.com - February 2 at 3:40 PM
News IconAres Commercial Real Estate Corporation (NYSE:ACRE) Under Analyst Spotlight (NYSE:ARI)
vgtoday.net - February 1 at 8:50 PM
News IconApollo Commercial Real Estate Finance (NYSE:ARI) reported actual EPS of 0.52 in the last Quarter - The Newburgh Press (NYSE:ARI)
newburghpress.com - February 1 at 3:45 PM
News IconDaily Ratings & News for Apollo Commercial Real Estate Finance (NYSE:ARI)
hoyentv.com - February 1 at 1:53 AM
News IconApollo Commercial Real Estate Finance (NYSE:ARI) Valuation According To Analysts (NYSE:ARI)
viveremilano.biz - February 1 at 1:53 AM
News IconValuable Price Trends to Observe: Apollo Commercial Real Estate Finance, Inc. (ARI) (NYSE:ARI)
xboxonezone.com - January 31 at 8:52 PM
News IconApollo Commercial Real Estate Finance, Inc. (NYSE:ARI) Consensus EPS Outlook (NYSE:ARI)
prensariotiretail.com - January 31 at 8:52 PM
News IconEarnings Parade Rolls On, What Are Analysts Saying About Apollo Commercial Real Estate Finance (NYSE:ARI)? - Wall Street Beacon (NYSE:ARI)
wsbeacon.com - January 31 at 3:50 PM
businesswire.com logoApollo Commercial Real Estate Finance, Inc. Announces Dates for Fourth Quarter and Full Year 2016 Earnings ... - Business Wire (press release) (NYSE:ARI)
www.businesswire.com - January 31 at 3:50 PM
News IconFollowing the Average True Range Indicator for Apollo Commercial Real Estate Finance Inc. (ARI) - Sherwood Daily (NYSE:ARI)
sherwooddaily.com - January 28 at 8:38 PM
News IconAre Analysts Predicting a Near-Term Upswing For Apollo Commercial Real Estate Finance (NYSE:ARI)? - Wall Street Beacon (NYSE:ARI)
wsbeacon.com - January 27 at 9:29 PM
finance.yahoo.com logoApollo Commercial Real Estate Finance, Inc. Announces 2016 Dividend Income Tax Treatment (NYSE:ARI)
finance.yahoo.com - January 27 at 4:28 PM
News IconSell-side is Weighing in on Apollo Commercial Real Estate Finance (NYSE:ARI) Earnings - Aiken Advocate (NYSE:ARI)
aikenadvocate.com - January 23 at 8:44 PM
News IconEarnings in Full Force, Analysts Take Aim at Apollo Commercial Real Estate Finance (NYSE:ARI) - Wall Street Beacon (NYSE:ARI)
wsbeacon.com - January 23 at 8:44 PM
seekingalpha.com logoThat's Right, I'm Recommending A REIT Yielding 10.8% (NYSE:ARI)
seekingalpha.com - January 23 at 3:41 PM
News IconApollo Commercial Real Estate Finance (NYSE:ARI) Broker Views On Wall Street (NYSE:ARI)
ibusinesslines.com - January 22 at 3:36 PM
News IconApollo Commercial Real Estate Finance (NYSE:ARI) Broker Views ... - NewsDen (NYSE:ARI)
newsden.net - January 21 at 3:34 PM
capitalcube.com logoApollo Commercial Real Estate Finance, Inc. breached its 50 day moving average in a Bearish Manner : ARI-US : January 20, 2017 (NYSE:ARI)
www.capitalcube.com - January 20 at 4:38 PM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: Apollo Commercial Real Estate Finance (NYSE:ARI) - Aiken Advocate (NYSE:ARI)
aikenadvocate.com - January 17 at 4:20 PM
News IconCCI, ADX, and Williams %R Review for Apollo Commercial Real Estate Finance Inc. (ARI) - Sherwood Daily (NYSE:ARI)
sherwooddaily.com - January 17 at 4:20 PM
News IconWill The Needle Move For Apollo Commercial Real Estate Finance (NYSE:ARI) Shares This Earnings Season? - Wall Street Beacon (NYSE:ARI)
wsbeacon.com - January 17 at 4:20 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Apollo Commercial Real Estate Finance (NYSE:ARI) - Wall Street Beacon (NYSE:ARI)
wsbeacon.com - January 13 at 4:06 PM
businesswire.com logoApollo Commercial Real Estate Finance, Inc. Completes over $1.4 Billion of Transactions in 2016 - Business Wire (press release) (NYSE:ARI)
www.businesswire.com - January 10 at 3:40 PM
capitalcube.com logoApollo Commercial Real Estate Finance, Inc. breached its 50 day moving average in a Bearish Manner : ARI-US : January 9, 2017 (NYSE:ARI)
www.capitalcube.com - January 9 at 3:56 PM
finance.yahoo.com logoApollo Commercial Real Estate Finance, Inc. Completes over $1.4 Billion of Transactions in 2016 (NYSE:ARI)
finance.yahoo.com - January 9 at 3:56 PM
4-traders.com logoApollo Commercial Real Est Finance : Estate Finance Reaches Analyst Target Price (NYSE:ARI)
www.4-traders.com - December 31 at 8:40 PM
nasdaq.com logoApollo Commercial Real Estate Finance Reaches Analyst Target Price - Nasdaq (NYSE:ARI)
www.nasdaq.com - December 30 at 8:56 PM

Social

What is Apollo Commercial Real Est. Finance's stock symbol?

Apollo Commercial Real Est. Finance trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARI."

How often does Apollo Commercial Real Est. Finance pay dividends? What is the dividend yield for Apollo Commercial Real Est. Finance?

Apollo Commercial Real Est. Finance declared a quarterly dividend on Monday, December 12th. Investors of record on Friday, December 30th will be paid a dividend of $0.46 per share on Tuesday, January 17th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 10.24%. The ex-dividend date of this dividend is Wednesday, December 28th.

Where is Apollo Commercial Real Est. Finance's stock going? Where will Apollo Commercial Real Est. Finance's stock price be in 2017?

4 brokerages have issued 1 year target prices for Apollo Commercial Real Est. Finance's stock. Their forecasts range from $16.50 to $17.00. On average, they expect Apollo Commercial Real Est. Finance's stock price to reach $16.75 in the next twelve months.

When will Apollo Commercial Real Est. Finance announce their earnings?

Apollo Commercial Real Est. Finance is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Apollo Commercial Real Est. Finance stock?

Apollo Commercial Real Est. Finance's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (1.89%), Allianz Asset Management AG (1.56%), West Family Investments Inc. (0.48%), Alyeska Investment Group L.P. (0.47%), Cipher Capital LP (0.38%) and Van ECK Associates Corp (0.35%). Company insiders that own Apollo Commercial Real Est. Finance stock include Eric Press, Michael Salvati and Stuart Rothstein.

Who sold Apollo Commercial Real Est. Finance stock? Who is selling Apollo Commercial Real Est. Finance stock?

Apollo Commercial Real Est. Finance's stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, GLG Partners LP, Allianz Asset Management AG, State Street Corp, Raiff Partners Inc., Guggenheim Capital LLC, Dynamic Technology Lab Private Ltd and Cipher Capital LP.

Who bought Apollo Commercial Real Est. Finance stock? Who is buying Apollo Commercial Real Est. Finance stock?

Apollo Commercial Real Est. Finance's stock was bought by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Marshall Wace LLP, Russell Investments Group Ltd., Van ECK Associates Corp, Pacad Investment Ltd., Shelton Capital Management, Martingale Asset Management L P and Stockman Wealth Management Inc.. Company insiders that have bought Apollo Commercial Real Est. Finance stock in the last two years include Eric Press, Michael Salvati and Stuart Rothstein.

How do I buy Apollo Commercial Real Est. Finance stock?

Shares of Apollo Commercial Real Est. Finance can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Apollo Commercial Real Est. Finance stock cost?

One share of Apollo Commercial Real Est. Finance stock can currently be purchased for approximately $17.97.

Apollo Commercial Real Est. Finance (NYSE:ARI) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Apollo Commercial Real Est. Finance (NYSE:ARI)

Earnings History Chart

Earnings by Quarter for Apollo Commercial Real Est. Finance (NYSE:ARI)

Dividend History Chart

Dividend Payments by Quarter for Apollo Commercial Real Est. Finance (NYSE:ARI)

Last Updated on 2/26/2017 by MarketBeat.com Staff