ARI

Apollo Commercial Real Estate
ARI

$10.72
0.94%

Market Cap: 1.52B

 

About: Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
0
News positive %
of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1% less funds holding

Funds holding: 231 [Q4 2023] → 229 (-2) [Q1 2024]

7% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 30

1.36% less ownership

Funds ownership: 54.63% [Q4 2023] → 53.27% (-1.36%) [Q1 2024]

7% less capital invested

Capital invested by funds: $908M [Q4 2023] → $843M (-$65.2M) [Q1 2024]

15% less repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 80

48% less call options, than puts

Call options by funds: $3.95M | Put options by funds: $7.62M

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$10
7%
downside
Avg. target
$10.25
4%
downside
High target
$10.50
2%
downside

4 analyst ratings

positive
0%
neutral
75%
negative
25%
JP Morgan
Richard Shane
7%downside
$10
Neutral
Maintained
16 Jul 2024
Keefe, Bruyette & Woods
Jade Rahmani
7%downside
$10
Market Perform
Maintained
1 May 2024
JP Morgan
Richard Shane
2%downside
$10.5
Neutral
Maintained
10 Apr 2024
B of A Securities
Eric Dray
2%downside
$10.5
Underperform
Downgraded
4 Mar 2024

Financial journalist opinion

Based on 4 articles about ARI published over the past 30 days