Previous Close | 9.87 |
Open | 10.06 |
Bid | 9.11 x N/A |
Ask | 9.19 x N/A |
Day's Range | 10.06 - 10.06 |
52 Week Range | 8.32 - 11.35 |
Volume | |
Avg. Volume | 5 |
Market Cap | 1.383B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.74 |
Earnings Date | Apr 30, 2024 |
Forward Dividend & Yield | 1.31 (13.08%) |
Ex-Dividend Date | Mar 27, 2024 |
1y Target Est | 15.67 |
Significant Net Loss Amidst Stable Distributable Earnings
NEW YORK (AP) — Apollo Commercial Real Estate Finance (ARI) on Monday reported a first-quarter loss of $104.5 million, after reporting a profit in the same period a year earlier. Earnings, adjusted for non-recurring costs and stock option expense, were 35 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 35 cents per share.
NEW YORK, April 29, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today reported results for the quarter ended March 31, 2024. Net loss attributable to common stockholders per diluted share of common stock was ($0.76) for the quarter ended March 31, 2024. Distributable Earnings (a non-GAAP financial measure defined below) per share of common stock was $0.35 for the quarter ended March 31, 2024. Commenting on this quarter’s results, Stuar