American Realty Investors, Inc., together with its subsidiaries, acquires, develops, and owns multifamily apartment communities and commercial real estate properties in the southwestern, southeastern, and mid-western United States. The company leases apartment units to residents; and leases office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies; and sells land and properties. As of December 31, 2021, its portfolio included five commercial properties comprising four office buildings and one retail properties; nine multifamily apartment communities consisting of 1,492 units; and fifty-two multifamily apartment communities totaling 10,281 units. The company also owns or controls 1,886 acres of developed and undeveloped land. American Realty Investors, Inc. was founded in 1999 and is headquartered in Dallas, Texas.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut American Realty Investors from a "hold" rating to a "sell" rating in a research note on Thursday, July 28th.
American Realty Investors Stock Performance
American Realty Investors stock traded up $0.64 during midday trading on Monday, reaching $15.06. The stock had a trading volume of 2,170 shares, compared to its average volume of 10,473. American Realty Investors has a 12 month low of $10.02 and a 12 month high of $23.02. The firm's 50-day moving average price is $16.08 and its 200 day moving average price is $16.31. The firm has a market capitalization of $243.25 million, a PE ratio of -71.00 and a beta of 0.66. The company has a quick ratio of 8.62, a current ratio of 8.62 and a debt-to-equity ratio of 0.95.
American Realty Investors (NYSE:ARL - Get Rating) last announced its quarterly earnings data on Friday, May 13th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter. American Realty Investors had a positive return on equity of 5.21% and a negative net margin of 8.97%. The business had revenue of $7.79 million for the quarter.