American Realty Investors (NYSE:ARL) Posts Earnings Results

American Realty Investors (NYSE:ARL) posted its quarterly earnings data on Thursday. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, Zacks reports. American Realty Investors had a negative net margin of 24.74% and a negative return on equity of 1.86%. The company had revenue of $12.84 million for the quarter.

American Realty Investors Stock Performance

ARL stock traded down $0.44 during trading hours on Friday, reaching $16.15. The stock had a trading volume of 778 shares, compared to its average volume of 3,982. The stock has a 50-day simple moving average of $16.05 and a 200 day simple moving average of $14.62. American Realty Investors has a fifty-two week low of $9.43 and a fifty-two week high of $18.00. The stock has a market capitalization of $260.77 million, a PE ratio of -22.12 and a beta of 0.80. The company has a debt-to-equity ratio of 0.27, a current ratio of 6.31 and a quick ratio of 6.31.

Institutional Investors Weigh In On American Realty Investors

A hedge fund recently bought a new stake in American Realty Investors stock. Invesco Ltd. purchased a new position in shares of American Realty Investors, Inc. (NYSE:ARL) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 10,100 shares of the financial services provider’s stock, valued at approximately $111,000. Invesco Ltd. owned 0.06% of American Realty Investors as of its most recent filing with the Securities & Exchange Commission.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of American Realty Investors in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

About American Realty Investors

American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies.