Apollo Investment (NASDAQ: AINV) is one of 547 public companies in the “Closed End Funds” industry, but how does it weigh in compared to its peers? We will compare Apollo Investment to related companies based on the strength of its institutional ownership, dividends, profitability, valuation, analyst recommendations, earnings and risk.
This table compares Apollo Investment and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Apollo Investment Competitors||-16.39%||7.69%||5.89%|
46.7% of Apollo Investment shares are owned by institutional investors. Comparatively, 23.5% of shares of all “Closed End Funds” companies are owned by institutional investors. 0.3% of Apollo Investment shares are owned by insiders. Comparatively, 5.1% of shares of all “Closed End Funds” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Earnings & Valuation
This table compares Apollo Investment and its peers revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Apollo Investment||$279.86 million||$18.37 million||16.53|
|Apollo Investment Competitors||$238.76 million||$44.95 million||298.53|
Apollo Investment has higher revenue, but lower earnings than its peers. Apollo Investment is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Risk and Volatility
Apollo Investment has a beta of 0.93, indicating that its stock price is 7% less volatile than the S&P 500. Comparatively, Apollo Investment’s peers have a beta of 0.55, indicating that their average stock price is 45% less volatile than the S&P 500.
Apollo Investment pays an annual dividend of $0.60 per share and has a dividend yield of 10.1%. Apollo Investment pays out 166.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Closed End Funds” companies pay a dividend yield of 8.2% and pay out 95.3% of their earnings in the form of a dividend.
This is a summary of recent ratings and recommmendations for Apollo Investment and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Apollo Investment Competitors||237||1575||1939||33||2.47|
Apollo Investment presently has a consensus price target of $6.41, indicating a potential upside of 7.67%. As a group, “Closed End Funds” companies have a potential upside of 48.73%. Given Apollo Investment’s peers stronger consensus rating and higher possible upside, analysts clearly believe Apollo Investment has less favorable growth aspects than its peers.
Apollo Investment peers beat Apollo Investment on 9 of the 15 factors compared.
Apollo Investment Company Profile
Apollo Investment Corporation is a closed-end, externally managed, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation. It invests primarily in various forms of debt investments, including secured and unsecured debt, loan investments and/or equity in private middle-market companies. It may also invest in the securities of public companies and in structured products and other investments, such as collateralized loan obligations (CLOs) and credit-linked notes (CLNs). Its portfolio also includes equity interests, such as common stock, preferred stock, warrants or options. It invests in investments in the United States secured and unsecured loans, other debt securities and equity, and may also invests a portion of the portfolio in other investment opportunities, including foreign securities and structured products. Apollo Investment Management, L.P. is the investment advisor of the Company.
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