Analysts predict that Apollo Commercial Real Estate Finance (NYSE:ARI) will report earnings of $0.46 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for Apollo Commercial Real Estate Finance’s earnings. Apollo Commercial Real Estate Finance posted earnings per share of $0.52 in the same quarter last year, which suggests a negative year-over-year growth rate of 11.5%. The business is expected to issue its next earnings results on Wednesday, October 25th.

On average, analysts expect that Apollo Commercial Real Estate Finance will report full-year earnings of $1.84 per share for the current year, with EPS estimates ranging from $1.83 to $1.84. For the next financial year, analysts forecast that the business will report earnings of $1.94 per share, with EPS estimates ranging from $1.90 to $1.97. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover Apollo Commercial Real Estate Finance.

Apollo Commercial Real Estate Finance (NYSE:ARI) last announced its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by $0.01. The company had revenue of $62.22 million for the quarter, compared to analysts’ expectations of $63.75 million. Apollo Commercial Real Estate Finance had a net margin of 93.54% and a return on equity of 9.59%. The business’s revenue was up 32.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 EPS.

Several equities research analysts have recently weighed in on ARI shares. Royal Bank Of Canada reissued a “buy” rating and set a $19.00 target price on shares of Apollo Commercial Real Estate Finance in a research report on Thursday, July 20th. Zacks Investment Research lowered Apollo Commercial Real Estate Finance from a “buy” rating to a “hold” rating in a research report on Thursday, May 4th. BidaskClub raised Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $18.00 price target on shares of Apollo Commercial Real Estate Finance in a research report on Wednesday, May 3rd. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $18.75.

Shares of Apollo Commercial Real Estate Finance (NYSE ARI) opened at 17.79 on Thursday. Apollo Commercial Real Estate Finance has a one year low of $15.54 and a one year high of $19.92. The stock’s 50 day moving average is $18.06 and its 200-day moving average is $18.39. The stock has a market cap of $1.88 billion, a P/E ratio of 8.81 and a beta of 0.65.

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In other Apollo Commercial Real Estate Finance news, CEO Stuart Rothstein sold 25,000 shares of Apollo Commercial Real Estate Finance stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $18.69, for a total transaction of $467,250.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.62% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Advisors Asset Management Inc. increased its position in shares of Apollo Commercial Real Estate Finance by 374.1% in the first quarter. Advisors Asset Management Inc. now owns 5,931 shares of the real estate investment trust’s stock valued at $112,000 after buying an additional 4,680 shares during the period. Ameritas Investment Partners Inc. bought a new position in shares of Apollo Commercial Real Estate Finance during the first quarter valued at $129,000. PNC Financial Services Group Inc. increased its position in shares of Apollo Commercial Real Estate Finance by 10.9% in the second quarter. PNC Financial Services Group Inc. now owns 7,799 shares of the real estate investment trust’s stock valued at $144,000 after buying an additional 765 shares during the period. Security National Trust Co. increased its position in shares of Apollo Commercial Real Estate Finance by 40.0% in the second quarter. Security National Trust Co. now owns 8,400 shares of the real estate investment trust’s stock valued at $156,000 after buying an additional 2,400 shares during the period. Finally, SG Americas Securities LLC bought a new position in shares of Apollo Commercial Real Estate Finance during the second quarter valued at $172,000. Institutional investors own 64.91% of the company’s stock.

Apollo Commercial Real Estate Finance Company Profile

Apollo Commercial Real Estate Finance, Inc is a real estate investment trust. 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.

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