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.
IPO Year: 2009
Exchange: NYSE
Website: apolloreit.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/19/2024 | Neutral | BTIG Research | |
3/4/2024 | $10.50 | Neutral → Underperform | BofA Securities |
12/6/2023 | $10.50 | Neutral | UBS |
8/2/2023 | $10.50 | Underweight → Neutral | JP Morgan |
4/25/2023 | Neutral | BTIG Research | |
11/21/2022 | $12.00 | Neutral | BofA Securities |
9/6/2022 | $12.50 → $11.00 | Neutral → Underweight | JP Morgan |
SC 13G/A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
SC 13G/A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
SC 13G/A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
SC 13G/A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
SC 13G - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
SC 13G/A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
SC 13G/A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
SC 13G/A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
SC 13G/A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
SC 13G/A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
4 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Issuer)
NEW YORK, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company") (NYSE:ARI) today announced the Board of Directors appointed Anastasia Mironova to the positions of Chief Financial Officer, Secretary and Treasurer of the Company. "We are excited to welcome Anastasia to ARI, where she will bring a deep knowledge and understanding of our industry after spending more than 15 years in public accounting, focused on the commercial real estate finance sector," said Stuart Rothstein, Chief Executive Officer and President of the Company. "We are confident her leadership and expertise will benefit the Company and our stockholders as we continue to grow AR
8-K - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Filer)
10-Q - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Filer)
8-K - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Filer)
S-3ASR - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Filer)
144 - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Subject)
8-K - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Filer)
10-Q - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Filer)
ARS - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Filer)
DEFA14A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Filer)
DEF 14A - Apollo Commercial Real Estate Finance, Inc. (0001467760) (Filer)
NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today reported results for the quarter ended June 30, 2024. Net income attributed to common stockholders per diluted share of common stock was $0.23 for the quarter ended June 30, 2024. Distributable Earnings (a non-GAAP financial measure defined below) and Distributable Earnings prior to net realized loss on investments per share of common stock were $0.35 for the quarter ended June 30, 2024. Subsequent Events – Healthcare LoanIn March 2022, ARI and other Apollo-managed entities co-originated a 55% loan-to-cost first mortgage loan secured by eight hospitals in Mass
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI), today announced the Company will hold a conference call to review its second quarter 2024 financial results on Wednesday, August 7, 2024 at 10:00 a.m. Eastern Time. The Company's second quarter 2024 financial results will be released after the market closes on Tuesday, August 6, 2024. During the conference call, Company officers will review second quarter 2024 performance, discuss recent events and conduct a question-and-answer period. To register for the call, please use the following link: https://register.vevent.com/register/BIce901e6ee4f2497f8a7cbe9c722da126 A
NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company") (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.35 per share of common stock, which is payable on July 15, 2024 to common stockholders of record on June 28, 2024. About Apollo Commercial Real Estate Finance, Inc. Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a De
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, Stuart Rothstein, Chief Executive Officer and President of the Company said: "ARI recorded an incremental CECL allowance in the first quarter of 2024 of approximately $142 million on a mezzanine loan s
NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI), today announced the Company will hold a conference call to review its first quarter 2024 financial results on Tuesday, April 30, 2024 at 10:00 a.m. Eastern Time. The Company's first quarter 2024 financial results will be released after the market closes on Monday, April 29, 2024. During the conference call, Company officers will review first quarter 2024 performance, discuss recent events and conduct a question-and-answer period. To register for the call, please use the following link: https://register.vevent.com/register/BI6ac2030931b8437da1c4188b5f3b1634 After
NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today announced the Board of Directors set April 15, 2024 as the record date for the Company's 2024 Annual Meeting of Stockholders. The Annual Meeting of Stockholders will be held virtually on June 7, 2024 at 9:00 am Eastern Time. Information on the virtual meeting will be included in the ARI 2024 proxy statement. About Apollo Commercial Real Estate Finance, Inc. Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate f
NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company") (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.35 per share of common stock, which is payable on April 15, 2024 to common stockholders of record on March 28, 2024. About Apollo Commercial Real Estate Finance, Inc. Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today reported results for the quarter and year ended December 31, 2023. Net income available to common stockholders per diluted share of common stock was $0.30 and $0.29 for the quarter and year ended December 31, 2023, respectively. Distributable Earnings (a non-GAAP financial measure defined below) and Distributable Earnings prior to net realized loss on investments and gain on extinguishment of debt per share of common stock were $0.36 and $0.36 and $1.09 and $1.69 for the quarter and year ended December 31, 2023, respectively. Commenting on 2023 performance, St
NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today announced the estimated federal income tax treatment of the Company's 2023 distributions on its common stock (CUSIP #03762U105) and its 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock. The federal income tax classification of the 2023 distributions on the Company's common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table ($ per share): Record DatePayable DateTotal Distribution Per ShareOrdinary DividendQualified DividendNon-dividend DistributionSection 199A Dividend(1)12/30/202201/13/2023$0.231500$0.194
NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI), today announced the Company will hold a conference call to review its fourth quarter and full year 2023 financial results on Wednesday, February 7, 2024 at 10:00 a.m. Eastern Time. The Company's fourth quarter and full year 2023 financial results will be released after the market closes on Tuesday, February 6, 2023. During the conference call, Company officers will review fourth quarter and full year 2023 performance, discuss recent events and conduct a question-and-answer period. To register for the call, please use the following link: https://register.veve
NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today reported results for the quarter ended June 30, 2024. Net income attributed to common stockholders per diluted share of common stock was $0.23 for the quarter ended June 30, 2024. Distributable Earnings (a non-GAAP financial measure defined below) and Distributable Earnings prior to net realized loss on investments per share of common stock were $0.35 for the quarter ended June 30, 2024. Subsequent Events – Healthcare LoanIn March 2022, ARI and other Apollo-managed entities co-originated a 55% loan-to-cost first mortgage loan secured by eight hospitals in Mass
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI), today announced the Company will hold a conference call to review its second quarter 2024 financial results on Wednesday, August 7, 2024 at 10:00 a.m. Eastern Time. The Company's second quarter 2024 financial results will be released after the market closes on Tuesday, August 6, 2024. During the conference call, Company officers will review second quarter 2024 performance, discuss recent events and conduct a question-and-answer period. To register for the call, please use the following link: https://register.vevent.com/register/BIce901e6ee4f2497f8a7cbe9c722da126 A
NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company") (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.35 per share of common stock, which is payable on July 15, 2024 to common stockholders of record on June 28, 2024. About Apollo Commercial Real Estate Finance, Inc. Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a De
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, Stuart Rothstein, Chief Executive Officer and President of the Company said: "ARI recorded an incremental CECL allowance in the first quarter of 2024 of approximately $142 million on a mezzanine loan s
NEW YORK, April 08, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI), today announced the Company will hold a conference call to review its first quarter 2024 financial results on Tuesday, April 30, 2024 at 10:00 a.m. Eastern Time. The Company's first quarter 2024 financial results will be released after the market closes on Monday, April 29, 2024. During the conference call, Company officers will review first quarter 2024 performance, discuss recent events and conduct a question-and-answer period. To register for the call, please use the following link: https://register.vevent.com/register/BI6ac2030931b8437da1c4188b5f3b1634 After
NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today announced the Board of Directors set April 15, 2024 as the record date for the Company's 2024 Annual Meeting of Stockholders. The Annual Meeting of Stockholders will be held virtually on June 7, 2024 at 9:00 am Eastern Time. Information on the virtual meeting will be included in the ARI 2024 proxy statement. About Apollo Commercial Real Estate Finance, Inc. Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate f
NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company") (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.35 per share of common stock, which is payable on April 15, 2024 to common stockholders of record on March 28, 2024. About Apollo Commercial Real Estate Finance, Inc. Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today reported results for the quarter and year ended December 31, 2023. Net income available to common stockholders per diluted share of common stock was $0.30 and $0.29 for the quarter and year ended December 31, 2023, respectively. Distributable Earnings (a non-GAAP financial measure defined below) and Distributable Earnings prior to net realized loss on investments and gain on extinguishment of debt per share of common stock were $0.36 and $0.36 and $1.09 and $1.69 for the quarter and year ended December 31, 2023, respectively. Commenting on 2023 performance, St
NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today announced the estimated federal income tax treatment of the Company's 2023 distributions on its common stock (CUSIP #03762U105) and its 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock. The federal income tax classification of the 2023 distributions on the Company's common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table ($ per share): Record DatePayable DateTotal Distribution Per ShareOrdinary DividendQualified DividendNon-dividend DistributionSection 199A Dividend(1)12/30/202201/13/2023$0.231500$0.194
NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI), today announced the Company will hold a conference call to review its fourth quarter and full year 2023 financial results on Wednesday, February 7, 2024 at 10:00 a.m. Eastern Time. The Company's fourth quarter and full year 2023 financial results will be released after the market closes on Tuesday, February 6, 2023. During the conference call, Company officers will review fourth quarter and full year 2023 performance, discuss recent events and conduct a question-and-answer period. To register for the call, please use the following link: https://register.veve
BTIG Research resumed coverage of Apollo Commercial Real Estate with a rating of Neutral
BofA Securities downgraded Apollo Commercial Real Estate from Neutral to Underperform and set a new price target of $10.50
UBS initiated coverage of Apollo Commercial Real Estate with a rating of Neutral and set a new price target of $10.50
JP Morgan upgraded Apollo Commercial Real Estate from Underweight to Neutral and set a new price target of $10.50
BTIG Research resumed coverage of Apollo Commercial Real Estate with a rating of Neutral
BofA Securities resumed coverage of Apollo Commercial Real Estate with a rating of Neutral and set a new price target of $12.00
JP Morgan downgraded Apollo Commercial Real Estate from Neutral to Underweight and set a new price target of $11.00 from $12.50 previously
Credit Suisse reiterated coverage of Apollo Commercial Real with a rating of Neutral and set a new price target of $15.00 from $13.00 previously
BTIG Research initiated coverage of Apollo Commercial Real Estate with a rating of Neutral
BTIG Research initiated coverage of Apollo Commercial Real Estate Finance with a rating of Neutral
BTIG analyst Thomas Catherwood assumes Apollo Comml Real Est (NYSE:ARI) with a Neutral rating.
JP Morgan analyst Richard Shane maintains Apollo Comml Real Est (NYSE:ARI) with a Neutral and raises the price target from $9.5 to $10.
Apollo Comml Real Est's (NYSE:ARI) short percent of float has risen 18.08% since its last report. The company recently reported that it has 5.43 million shares sold short, which is 5.29% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.07 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short i
Keefe, Bruyette & Woods analyst Jade Rahmani maintains Apollo Comml Real Est (NYSE:ARI) with a Market Perform and lowers the price target from $11 to $10.
Apollo Comml Real Est (NYSE:ARI) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.30 by 16.67 percent.
JP Morgan analyst Richard Shane maintains Apollo Comml Real Est (NYSE:ARI) with a Neutral and lowers the price target from $11 to $10.5.
Bank of America has downgraded six players in the Commercial Real Estate (CRE) mortgage REIT sector, citing interest rate headwinds and weakening fundamentals that spell a “rocky road ahead” for the industry. Eric Dray, CFA, a research analyst at Bank of America, conveyed in a note to clients on Monday that the sector might see a downward trend in book values and sustained tepid investor sentiment over the coming quarters. “The office sector has faced headwinds from slow return-to-office in the U.S.,” according to Bank of America, as evidenced by a minimal effective rent growth of just 0.5% year-over-year in the fourth quarter of 2023, coupled with a climb in vacancy rates to 19.6%.
B of A Securities analyst Eric Dray downgrades Apollo Comml Real Est (NYSE:ARI) from Neutral to Underperform and announces $10.5 price target.
Apollo Comml Real Est's (NYSE:ARI) short percent of float has risen 9.8% since its last report. The company recently reported that it has 3.33 million shares sold short, which is 3.25% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.64 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short int