Positive Media Coverage Somewhat Unlikely to Impact Apollo Commercial Real Est. Finance (ARI) Stock Price

Media coverage about Apollo Commercial Real Est. Finance (NYSE:ARI) has trended positive on Monday, Accern reports. Accern rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Apollo Commercial Real Est. Finance earned a coverage optimism score of 0.34 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 46.7114164747469 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern’s scoring:

Separately, Zacks Investment Research raised Apollo Commercial Real Est. Finance from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Wednesday, October 25th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $19.33.

Apollo Commercial Real Est. Finance (ARI) opened at $18.20 on Monday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 291.34 and a current ratio of 291.34. The firm has a market capitalization of $1,950.00, a P/E ratio of 10.17 and a beta of 0.63. Apollo Commercial Real Est. Finance has a 52 week low of $16.84 and a 52 week high of $19.92.

Apollo Commercial Real Est. Finance (NYSE:ARI) last announced its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.47 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.05. The business had revenue of $71.24 million during the quarter, compared to the consensus estimate of $66.40 million. Apollo Commercial Real Est. Finance had a return on equity of 10.32% and a net margin of 86.07%. The business’s quarterly revenue was up 33.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.45 EPS. research analysts anticipate that Apollo Commercial Real Est. Finance will post 1.61 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a dividend yield of 10.11%. The ex-dividend date is Thursday, December 28th. Apollo Commercial Real Est. Finance’s payout ratio is 102.79%.

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About Apollo Commercial Real Est. Finance

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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