ARI - Apollo Commercial Real Estate Finance Stock Price, Fair Value and News

10.77USD+0.05 (+0.47%)Market Closed

Market Summary

USD10.77+0.05

Market Closed

0.47%

ARI Alerts

1 major insider sales recently.

ARI Stock Price

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ARI RSI Chart

ARI Valuation

Market Cap

1.5B

Price/Earnings (Trailing)

26.23

Price/Sales (Trailing)

2.18

EV/EBITDA

4.07

Price/Free Cashflow

5.57

ARI Price/Sales (Trailing)

ARI Profitability

EBT Margin

8.36%

Return on Equity

2.63%

Return on Assets

0.63%

Free Cashflow Yield

17.96%

ARI Fundamentals

ARI Revenue

Revenue (TTM)

701.0M

Rev. Growth (Yr)

18.7%

Rev. Growth (Qtr)

-0.08%

ARI Earnings

Earnings (TTM)

58.1M

Earnings Growth (Yr)

1.3K%

Earnings Growth (Qtr)

1.02%

Breaking Down ARI Revenue

52 Week Range

9.1312.20

(Low)(High)

Last 7 days

-0.3%

Last 30 days

-4.7%

Last 90 days

-8.5%

Trailing 12 Months

13.2%

How does ARI drawdown profile look like?

ARI Financial Health

ARI Investor Care

Dividend Yield

13.05%

Dividend/Share (TTM)

1.4

Shares Dilution (1Y)

0.59%

Diluted EPS (TTM)

0.29

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	538.2M	613.0M	672.6M	701.0M
2022	336.8M	353.7M	390.2M	456.5M
2021	255.0M	261.8M	271.6M	327.7M
2020	326.0M	324.2M	317.6M	261.5M
2019	289.9M	302.2M	312.2M	322.5M
2018	176.3M	204.4M	234.4M	263.7M
2017	127.4M	136.4M	145.4M	158.6M
2016	101.6M	108.5M	115.3M	122.4M
2015	72.9M	75.8M	82.2M	90.8M
2014	52.4M	59.2M	66.0M	69.0M
2013	30.8M	36.4M	42.5M	49.2M
2012	17.1M	19.8M	22.1M	24.7M
2011	8.3M	9.7M	11.5M	13.7M
2010	0	0	0	6.6M
2009	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Apollo Commercial Real Estate Finance

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 17, 2024	mironova anastasia g.	sold (taxes)	-9,003	10.58	-851	cfo, treasurer and secretary
Apr 15, 2024	rothstein stuart	sold	-423,992	10.5998	-40,000	president & ceo
Apr 01, 2024	prince scott	acquired	-	-	9,140	-
Apr 01, 2024	kasdin robert a	acquired	-	-	9,140	-
Apr 01, 2024	carlton pamela g	acquired	-	-	9,140	-
Apr 01, 2024	salvati michael	acquired	-	-	9,140	-
Apr 01, 2024	whonder carmencita n.m.	acquired	-	-	9,140	-
Apr 01, 2024	romando brenna haysom	acquired	-	-	9,140	-
Apr 01, 2024	biderman mark c	acquired	-	-	9,140	-
Jan 29, 2024	rothstein stuart	sold (taxes)	-1,011,540	11.71	-86,383	president & ceo

Which funds bought or sold ARI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	McGlone Suttner Wealth Management, Inc.	sold off	-100	-10.00	-	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-0.99	-1,531,750	23,769,300	0.04%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	-58.00	1,081	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	-	1,000	-%
Apr 17, 2024	All Season Financial Advisors, Inc.	sold off	-100	-597,730	-	-%
Apr 16, 2024	Arlington Trust Co LLC	new	-	22,280	22,280	0.01%
Apr 15, 2024	Sound Income Strategies, LLC	unchanged	-	-120	2,228	-%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	reduced	-67.09	-539,908	245,193	-%
Apr 15, 2024	Future Financial Wealth Managment LLC	new	-	112,136	112,136	0.04%
Apr 15, 2024	Cascade Wealth Advisors, Inc	new	-	134,500	134,500	0.11%

Are Funds Buying or Selling ARI?

Are funds buying ARI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ARI

No. of Funds

ARI Alerts

1 major insider sales recently.

Unveiling Apollo Commercial Real Estate Finance's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.97%	15,506,555	SC 13G/A
Jan 22, 2024	blackrock inc.	16.3%	23,109,513	SC 13G/A
Feb 09, 2023	vanguard group inc	11.09%	15,588,305	SC 13G/A
Jan 26, 2023	blackrock inc.	16.7%	23,491,661	SC 13G/A
Jan 20, 2023	blackrock inc.	16.7%	23,491,661	SC 13G
Feb 09, 2022	vanguard group inc	10.44%	14,610,280	SC 13G/A
Jan 27, 2022	blackrock inc.	17.5%	24,521,159	SC 13G/A
Jan 26, 2022	blackrock inc.	17.5%	24,521,159	SC 13G/A
May 10, 2021	vanguard group inc	10.13%	14,163,634	SC 13G/A
Feb 10, 2021	vanguard group inc	9.72%	13,640,958	SC 13G/A

Recent SEC filings of Apollo Commercial Real Estate Finance

View All Filings

Date Filed	Form Type	Document
Apr 19, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 15, 2024	144	Notice of Insider Sale Intent
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Apollo Commercial Real Estate Finance)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	79.9B	11.1B	-11.94%	-16.63%	58.47	7.17	4.04%	-19.43%
CCI	41.4B	7.0B	-8.87%	-24.96%	27.55	5.92	-0.07%	-10.36%
AVB	26.2B	2.8B	0.30%	6.36%	28.18	9.45	6.73%	-18.30%
ARE	19.9B	2.9B	-8.38%	-6.65%	191.73	6.89	11.46%	-80.13%
AMH	12.8B	1.6B	-2.62%	6.17%	29.55	7.95	7.80%	39.39%
REG	10.8B	1.3B	-3.14%	-3.60%	29.55	8.15	8.04%	-24.50%
BXP	9.4B	3.3B	-6.63%	15.11%	49.67	2.89	5.31%	-77.32%
MID-CAP
FRT	8.3B	1.1B	-1.33%	2.80%	34.93	7.31	5.38%	-38.52%
MAC	3.3B	884.1M	-10.11%	54.70%	-12.03	3.73	2.90%	-314.82%
SLG	3.2B	899.4M	-6.40%	107.66%	-5.69	3.57	-0.45%	-623.11%
SMALL-CAP
AAT	1.3B	441.2M	-2.46%	15.40%	19.75	2.9	4.38%	15.77%
AIV	1.1B	198.2M	1.56%	-2.62%	-7.2	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-9.30%	1.07%	13.28	1.76	25.53%	134.62%
NYMT	635.9M	258.7M	-4.65%	-31.33%	-13.07	2.46	0.11%	83.70%
IVR	399.3M	277.9M	-12.53%	-21.90%	-25.18	1.44	44.33%	96.06%

Apollo Commercial Real Estate Finance News

Latest updates

Apollo Commercial Real Estate Finance Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-0.1%	180	180	174	166	152	121	99.00	84.00	86.00	84.00	82.00	75.00	30.00	75.00	76.00	82.00	86.00	81.00	77.00	78.00	75.00
Operating Expenses	1.8%	38.00	37.00	39.00	35.00	34.00	30.00	30.00	27.00	30.00	24.00	19.00	16.00	17.00	17.00	16.00	17.00	16.00	16.00	17.00	16.00	14.00
S&GA Expenses	-3.8%	7.00	8.00	7.00	7.00	8.00	7.00	7.00	7.00	9.00	7.00	7.00	7.00	7.00	7.00	6.00	7.00	6.00	6.00	7.00	6.00	4.00
EBITDA Margin	-	0.46*	-	0.87*	0.98*	1.11*	1.18*	1.30*	1.41*	1.50*	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.7%	58.00	60.00	63.00	71.00	67.00	62.00	57.00	55.00	59.00	61.00	74.00	71.00	65.00	69.00	71.00	75.00	81.00	85.00	85.00	83.00	78.00
Income Taxes	-115.0%	-0.07	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-0.3%	46.00	47.00	-	-	-	183	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBT Margin	-	0.08*	-	0.43*	0.49*	0.58*	0.57*	0.63*	0.66*	0.68*	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	1.0%	47.00	46.00	-83.40	49.00	-3.99	183	71.00	15.00	37.00	60.00	68.00	58.00	37.00	49.00	60.00	-127	72.00	29.00	61.00	68.00	53.00
Net Income Margin	633.8%	0.08*	0.01*	0.24*	0.56*	0.58*	0.78*	0.52*	0.54*	0.68*	0.82*	0.81*	0.80*	-	-	-	-	-	-	-	-	-
Free Cashflow	-63.0%	31.00	83.00	49.00	110	43.00	126	50.00	50.00	35.00	44.00	77.00	44.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.5%	9,297	9,157	9,360	9,508	9,568	9,824	9,553	8,817	8,417	7,718	7,954	7,225	6,940	6,933	6,970	7,174	6,888	6,352	5,624	5,342	5,096
Cash Equivalents	-26.8%	225	308	308	332	222	319	242	216	343	243	205	294	325	438	487	582	452	161	116	109	110
Liabilities	2.1%	7,088	6,945	7,145	7,161	7,214	7,416	7,280	6,566	6,122	5,411	5,660	4,950	4,669	4,613	4,604	4,773	4,258	3,723	2,953	2,802	2,586
Long Term Debt	-100.0%	-	176	186	222	229	229	574	574	570	569	568	567	566	565	-	-	562	-	-	-	-
Shareholder's Equity	-0.1%	2,209	2,212	2,215	2,348	2,355	2,408	2,273	2,251	2,295	2,306	2,295	2,276	2,271	2,319	2,366	2,401	2,630	2,630	2,671	2,540	2,510
Retained Earnings	-1.4%	-520	-512	-505	-368	-363	-306	-436	-453	-427	-411	-419	-433	-438	-422	-417	-421	-196	-193	-147	-132	-130
Additional Paid-In Capital	0.2%	2,727	2,723	2,719	2,715	2,717	2,712	2,708	2,703	2,721	2,717	2,712	2,708	2,708	2,740	2,781	2,821	2,825	2,821	2,818	2,671	2,638
Shares Outstanding	0.0%	141	141	141	141	141	141	140	140	140	140	140	140	-	-	-	-	-	-	-	-	-
Float	-	-	-	1,600	-	-	-	1,450	-	-	-	2,206	-	-	-	1,377	-	-	-	2,769	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-63.0%	31.00	83.00	49.00	110	43.00	126	50.00	50.00	35.00	44.00	77.00	44.00	51.00	60.00	-0.64	54.00	85.00	78.00	53.00	57.00	45.00
Share Based Compensation	-1.8%	4.00	4.00	4.00	4.00	5.00	5.00	5.00	5.00	4.00	4.00	4.00	4.00	17.00	4.00	4.00	4.00	16.00	4.00	4.00	-1.09	14.00
Cashflow From Investing	-236.1%	-156	115	23.00	87.00	184	-189	-756	-577	-593	249	-714	-298	-13.90	7.00	114	-323	-203	-721	-267	-242	-91.54
Cashflow From Financing	121.6%	43.00	-197	-95.37	-92.93	-325	147	732	405	658	-254	548	223	-149	-115	-208	399	410	688	222	185	57.00
Dividend Payments	0.0%	50.00	50.00	50.00	51.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	51.00	53.00	61.00	72.00	71.00	71.00	64.00	63.00	50.00
Buy Backs	-	-	-	-	-	-	-	-	-	0.00	0.00	-	-	36.00	46.00	44.00	2.00	-	-	-	-	-

ARI Income Statement

2023-12-31

Consolidated Statement of Operations - USD ($)	12 Months Ended
Consolidated Statement of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net interest income:
Interest income from commercial mortgage loans	$ 701,002,000	$ 456,513,000	$ 327,702,000
Interest income from subordinate loans and other lending assets	17,280,000	55,590,000	100,413,000
Interest expense	(466,110,000)	(270,525,000)	(162,522,000)
Net interest income	252,172,000	241,578,000	265,593,000
Revenue from real estate owned operations	92,419,000	62,062,000	18,917,000
Total net revenue	344,591,000	303,640,000	284,510,000
Operating expenses:
General and administrative expenses (includes equity-based compensation of $17,444, $18,252 and $17,633 in 2023, 2022 and 2021, respectively)	(29,520,000)	(29,662,000)	(28,845,000)
Operating expenses related to real estate owned	(72,759,000)	(52,368,000)	(19,923,000)
Depreciation and amortization on real estate owned	(8,248,000)	(704,000)	(2,645,000)
Total operating expenses	(148,505,000)	(121,153,000)	(89,573,000)
Other income, net	4,616,000	2,494,000	3,821,000
Net realized gain (loss) on investments	(86,604,000)	18,683,000	(20,767,000)
Gain on extinguishment of debt	495,000	0	0
Decrease (increase) in current expected credit loss allowance, net	(59,428,000)	17,623,000	34,773,000
Realized losses and impairments on real estate owned	0	0	(550,000)
Foreign currency translation gain (loss)	52,031,000	(116,399,000)	(31,687,000)
Net income before taxes	58,569,000	265,232,000	223,515,000
Income tax provision	(442,000)	0	0
Net income	58,127,000	265,232,000	223,515,000
Preferred dividends	(12,272,000)	(12,272,000)	(12,964,000)
Net income available to common stockholders	$ 45,855,000	$ 252,960,000	$ 210,551,000
Net income per share of common stock:
Basic (in dollars per share)	$ 0.29	$ 1.77	$ 1.48
Diluted (in dollars per share)	$ 0.29	$ 1.68	$ 1.46
Basic weighted-average shares of common stock outstanding	141,281,286	140,534,635	139,869,244
Diluted weighted-average shares of common stock outstanding	141,281,286	165,504,660	168,402,515
Dividend declared per share of common stock (in dollars per share)	$ 1.4	$ 1.40	$ 1.40
Related Party
Operating expenses:
Management fees to related party	$ (37,978,000)	$ (38,419,000)	$ (38,160,000)
Foreign Exchange Forward
Operating expenses:
Gain (loss) on sale of derivatives	(48,213,000)	146,981,000	41,674,000
Interest rate cap and swaps
Operating expenses:
Gain (loss) on sale of derivatives	$ (414,000)	$ 13,363,000	$ 1,314,000

ARI Balance Sheet

2023-12-31

Consolidated Balance Sheet - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Assets:

Cash and cash equivalents

$ 225,438

$ 222,030

Total carrying value, net

8,358,093

8,681,990

Real estate owned, held for investment, net

^[1]

519,498

302,688

Other assets

85,623

70,607

Assets related to real estate owned, held for sale

78,653

162,397

Derivative assets, net

29,425

128,640

Total Assets

9,296,730

9,568,352

Liabilities:

Convertible senior notes, net

229,361

Accounts payable, accrued expenses and other liabilities

^[2]

120,334

227,360

Debt related to real estate owned, held for investment, net

161,562

160,294

Participations sold

25,130

Total Liabilities

7,087,997

7,213,848

Commitments and Contingencies (see Note 18)

Stockholders’ Equity:

Preferred stock, $0.01 par value, 50,000,000 shares authorized, Series B-1, 6,770,393 shares issued and outstanding ($169,260 liquidation preference) in 2023 and 2022 (see Note 17)

Common stock, $0.01 par value, 450,000,000 shares authorized, 141,358,605 and 140,595,995 shares issued and outstanding in 2023 and 2022, respectively

1,414

1,406

Additional paid-in-capital

2,727,488

2,716,907

Accumulated deficit

(520,237)

(363,877)

Total Stockholders’ Equity

2,208,733

2,354,504

Total Liabilities and Stockholders’ Equity

9,296,730

9,568,352

Related Party

Liabilities:

Payable to related party

9,553

9,728

Secured Debt

Liabilities:

Secured debt arrangements, net

5,538,476

5,296,825

Senior secures term loans and notes, net

759,150

763,813

Senior Notes

Liabilities:

Senior secures term loans and notes, net

495,637

494,844

Mortgages

Liabilities:

Secured debt arrangements, net

3,285

6,493

Debt related to real estate owned, held for investment, net

161,600

160,300

Commercial Mortgage Portfolio Segment

Assets:

Total carrying value, net

^[3],[4]

7,925,359

8,121,109

Liabilities:

Participations sold

25,130

Subordinate Mortgage Portfolio Segment

Assets:

Total carrying value, net

^[4],[5]

$ 432,734

$ 560,881

[1]	Includes $154,048 pledged as collateral under secured debt arrangements in 2023.
[2]	Includes $4,017 and $4,347 of General CECL Allowance related to unfunded commitments on commercial mortgage loans, subordinate loans and other lending assets, net in 2023 and 2022, respectively.
[3]	Includes $7,705,491 and $7,482,658 pledged as collateral under secured debt arrangements in 2023 and 2022, respectively.
[4]	Net of $219,482 and $159,724 CECL Allowance comprised of $193,000 and $133,500 Specific CECL Allowance and $26,482 and $26,224 General CECL Allowance in 2023 and 2022, respectively.
[5]	Includes $232,991 and $191,608 pledged as collateral under secured debt arrangements in 2023 and 2022, respectively.

About Apollo Commercial Real Estate Finance

Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT) that originates, acquires, invests in, and manages commercial first mortgage loans, subordinate financings, and other commercial real estate-related debt investments in the United States. It is qualified as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income taxes, if the company distributes at least 90% of its REIT taxable income to its stockholders. Apollo Commercial Real Estate Finance, Inc. was founded in 2009 and is based in New York, New York.

CEO	Mr. Stuart A. Rothstein CPA
WEBSITE	apolloreit.com
INDUSTRY	REIT Mortgage

Apollo Commercial Real Estate Finance Frequently Asked Questions

What is the ticker symbol for Apollo Commercial Real Estate Finance? What does ARI stand for in stocks?

ARI is the stock ticker symbol of Apollo Commercial Real Estate Finance. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Apollo Commercial Real Estate Finance (ARI)?

As of Fri Apr 19 2024, market cap of Apollo Commercial Real Estate Finance is 1.52 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ARI stock?

You can check ARI's fair value in chart for subscribers.

What is the fair value of ARI stock?

You can check ARI's fair value in chart for subscribers. The fair value of Apollo Commercial Real Estate Finance is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Apollo Commercial Real Estate Finance is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ARI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Apollo Commercial Real Estate Finance a good stock to buy?

The fair value guage provides a quick view whether ARI is over valued or under valued. Whether Apollo Commercial Real Estate Finance is cheap or expensive depends on the assumptions which impact Apollo Commercial Real Estate Finance's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ARI.

What is Apollo Commercial Real Estate Finance's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, ARI's PE ratio (Price to Earnings) is 26.23 and Price to Sales (PS) ratio is 2.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ARI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Apollo Commercial Real Estate Finance's stock?

In the past 10 years, Apollo Commercial Real Estate Finance has provided 0.047 (multiply by 100 for percentage) rate of return.