Equities research analysts expect that Apollo Commercial Real Estate Finance (NYSE:ARI) will post earnings per share of $0.47 for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Apollo Commercial Real Estate Finance’s earnings, with the highest EPS estimate coming in at $0.48 and the lowest estimate coming in at $0.47. Apollo Commercial Real Estate Finance posted earnings of $0.46 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 2.2%. The business is expected to issue its next quarterly earnings report after the market closes on Tuesday, August 1st.

According to Zacks, analysts expect that Apollo Commercial Real Estate Finance will report full-year earnings of $1.82 per share for the current financial year. For the next financial year, analysts expect that the company will report earnings of $2.05 per share, with EPS estimates ranging from $2.02 to $2.07. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Apollo Commercial Real Estate Finance.

Apollo Commercial Real Estate Finance (NYSE:ARI) last released its earnings results on Tuesday, May 2nd. The real estate investment trust reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by $0.08. Apollo Commercial Real Estate Finance had a return on equity of 9.79% and a net margin of 88.07%. The firm had revenue of $57.81 million for the quarter.

ARI has been the topic of several recent research reports. Zacks Investment Research raised Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Tuesday, April 25th. Keefe, Bruyette & Woods reissued 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. BidaskClub raised Apollo Commercial Real Estate Finance from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $19.00 price target on shares of Apollo Commercial Real Estate Finance in a research report on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $18.75.

In related news, CEO Stuart Rothstein sold 25,000 shares of the business’s 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 can be accessed through the SEC website. Insiders own 0.62% of the company’s stock.

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Apollo Commercial Real Estate Finance by 5.0% in the first quarter. Vanguard Group Inc. now owns 3,591,392 shares of the real estate investment trust’s stock valued at $67,554,000 after buying an additional 170,993 shares in the last quarter. LSV Asset Management increased its stake in Apollo Commercial Real Estate Finance by 0.7% in the first quarter. LSV Asset Management now owns 1,930,404 shares of the real estate investment trust’s stock valued at $36,310,000 after buying an additional 13,526 shares in the last quarter. UBS Group AG increased its stake in Apollo Commercial Real Estate Finance by 3.7% in the first quarter. UBS Group AG now owns 1,778,762 shares of the real estate investment trust’s stock valued at $33,459,000 after buying an additional 63,000 shares in the last quarter. State Street Corp increased its stake in Apollo Commercial Real Estate Finance by 15.6% in the first quarter. State Street Corp now owns 1,767,051 shares of the real estate investment trust’s stock valued at $33,241,000 after buying an additional 237,895 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Apollo Commercial Real Estate Finance by 7.1% in the first quarter. Bank of America Corp DE now owns 1,282,411 shares of the real estate investment trust’s stock valued at $24,122,000 after buying an additional 85,341 shares in the last quarter. Institutional investors own 49.89% of the company’s stock.

Apollo Commercial Real Estate Finance (NYSE:ARI) traded down 0.44% during mid-day trading on Tuesday, hitting $18.12. 322,670 shares of the company were exchanged. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 9.45 and a beta of 0.66. Apollo Commercial Real Estate Finance has a 12 month low of $15.54 and a 12 month high of $19.92. The firm has a 50 day moving average price of $18.61 and a 200 day moving average price of $18.26.

The business also recently declared a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 10.11%. The ex-dividend date was Wednesday, June 28th. Apollo Commercial Real Estate Finance’s dividend payout ratio (DPR) is presently 96.84%.

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About Apollo Commercial Real Estate 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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