Apollo Investment Corporation is business development company specializing in middle market companies. It provides direct equity capital, mezzanine and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in warrants, makes equity co-investments, and may also invest in cash equivalents, U.S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.S. investments, or securities of public companies that are not thinly traded. It also focuses on other investments such as collateralized loan obligations and credit-linked notes. The fund typically invests in building materials, business services, cable television, chemicals, consumer products, direct marketing, distribution, energy and utilities, financial services, healthcare, manufacturing, media, publishing, retail and transportation. It primarily invests between $20 million and $250 million in its portfolio companies. The fund seeks to make investments with stated maturities of five to 10 years.
IPO Year: 2004
Exchange: NASDAQ
Website: apolloic.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/3/2022 | $13.50 | Equal Weight → Overweight | Wells Fargo |
2/7/2022 | $12.00 → $13.50 | Sell → Neutral | Citigroup |
10/25/2021 | $13.75 → $13.25 | Equal-Weight | Wells Fargo |
SC 13G/A - APOLLO INVESTMENT CORP (0001278752) (Subject)
SC 13G - APOLLO INVESTMENT CORP (0001278752) (Subject)
MCLEAN, VA / ACCESSWIRE / June 7, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") announced today that Gary Gerson has been appointed Chief Financial Officer, effective June 4, 2021.Mr. Gerson has served as Gladstone Commercial's Interim Chief Financial Officer since March 26, 2021. Prior to joining the company, from 2013 to 2020, Mr. Gerson served as Chief Financial Officer of Spotted Hawk Development Company, LLC, an Apollo Investment Corporation (Nasdaq: AINV) portfolio company. In addition, Mr. Gerson previously served as Treasurer and Managing Principal of Gladstone Commercial, as well as the affiliated Gladstone family of companies, from 2006 to 2012, pro
3 - APOLLO INVESTMENT CORP (0001278752) (Issuer)
4 - APOLLO INVESTMENT CORP (0001278752) (Issuer)
Wells Fargo upgraded Apollo Investment from Equal Weight to Overweight and set a new price target of $13.50
Citigroup upgraded Apollo Investment from Sell to Neutral and set a new price target of $13.50 from $12.00 previously
Wells Fargo reiterated coverage of Apollo Investment with a rating of Equal-Weight and set a new price target of $13.25 from $13.75 previously
Citigroup reiterated coverage of Apollo Investment with a rating of Sell and set a new price target of $12.00 from $11.00 previously
Wells Fargo downgraded Apollo Investment from Overweight to Equal Weight and set a new price target of $13.75
Strategic Announcements Reinforce Position as a Pure Play Senior Secured Middle Market BDC(1) Established New Industry-Leading Fee Structure to Support Senior Secured Investment Strategy(2)MidCap Financial,(3) one of the World's Leading Middle Market Origination Businesses, Makes Aligning Primary Equity Investment in BDC at NAVBDC to Rebrand as ‘MidCap Financial Investment Corporation'(4)Senior Leadership Promotions to Align with Enhanced Strategy(5) Fiscal First Quarter and Other Recent Highlights: Net investment income per share for the quarter was $0.37 compared to $0.42 for the quarter ended March 31, 2022Net asset value per share as of the end of the quarter was $15.52 compared to $1
New Industry-Leading Fee Structure Supports Senior Secured Investment Strategy MidCap Financial 1, one of the World's Leading Middle Market Origination Businesses, Makes Aligning Primary Equity Investment in BDC at NAV BDC to Rebrand as ‘MidCap Financial Investment Corporation' Increases Quarterly Base Distribution from $0.31 to $0.32 Per Share2 Senior Leadership Promotions to Align with Enhanced Strategy NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV), (the "Company" or the "BDC") today announced several transformative changes which reinforce the Company's position as a senior secured middle market business development company creating an ins
NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV) (the "Company") announced today that it has rescheduled the release of results and accompanying conference call for the quarter ended June 30, 2022, to before market open on August 2, 2022. The Company will host a conference call on Tuesday, August 2, 2022, at 8:00 a.m. Eastern Time. Please note that the conference call dial-in numbers have changed. All interested parties are welcome to participate in the conference call by dialing (866) 342-8591 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9713. Participants should reference either Apollo Investment Corpora
NEW YORK, July 06, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV) (the "Company") announced today that it will report results for the quarter ended June 30, 2022, after market close on Thursday, August 4, 2022. The Company will also host a conference call on Thursday, August 4, 2022 at 5:00 p.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (866) 831-8713 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9822. Participants should reference either Apollo Investment Corporation Q1 2023 Earnings or Conference ID: AINVQ123 when prompted. A simultaneous webcast of the conference ca
Fiscal Fourth Quarter Financial Results: Net investment income per share for the quarter was $0.42 compared to $0.35 for the quarter ended December 31, 2021 Net asset value per share as of the end of the quarter was $15.79 compared to $16.08 as of December 31, 2021, a decrease of 1.8% attributable to a decline in Merx and certain non core assets(1)New investment commitments made during the quarter totaled $116 million(2)Gross fundings during the quarter totaled $220 million(3) consisting $115 million of term loans and $105 million(4) of revolversGross exits during the quarter totaled $274 million, primarily consisting of $10 million of term loan sales, $124 million of term loan repayments,
NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV) (the "Company") announced today that it will report results for the quarter and fiscal year ended March 31, 2022, after market close on Thursday, May 19, 2022. The Company will also host a conference call on Friday, May 20, 2022 at 8:00 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (866) 342-8591 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9713. Participants should reference either Apollo Investment Corporation Q4 2022 Earnings Call or Conference ID: AINVQ422 when prompted. A simultaneous webcast
Strengthened debt portfolio, transaction fees and portfolio dividends drove total investment income of $4.1 million in 2021, up 31% over 2020; Fourth quarter total investment income grew 17% to $1.2 million Net asset value per share ("NAV") was $23.54 at year-end, up 1% from September 30, 2021 and up 32% compared with $17.86 per share at December 31, 2020 Total investments in the quarter were $4.6 million and for the year totaled $19.7 million Rand repaid $11 million of SBA obligations during the fourth quarter Declared total dividends of $0.44 per share in 2021 Announced regular quarterly dividend of $0.15 per share for first quarter 2022, up 50% compared with quarterly dividend
NEW YORK, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV) or the "Company," announced today that Tanner Powell, the President of the Company and the Chief Investment Officer for the Company's Investment Adviser, is scheduled to participate virtually on a BDC panel at the 2022 RBC Capital Markets Financial Institutions Conference on Tuesday, March 8, 2022 at 2:00 PM Eastern Time. A live webcast of the panel discussion will be available on the Investor Relations section of Apollo Investment Corporation's website at www.apolloic.com. For those unable to listen to the live webcast, a replay will be available on the Company's website shortly after the event. Abou
Fiscal Third Quarter and Other Recent Highlights: Net investment income per share for the quarter was $0.35 compared to $0.33 for the quarter ended September 30, 2021Net asset value per share as of the end of the quarter was $16.08 compared to $16.07 as of September 30, 2021, an increase of $0.01 driven primarily by a net appreciation on the corporate lending portfolio(1) and the accretive impact of share buybacksNew investment commitments made during the quarter totaled $271 million(2)Gross fundings during the quarter totaled $335 million(3) consisting of $234 million of term loans and $101 million of revolvers Gross exits during the quarter totaled $358 million primarily consisting of $7
NEW YORK, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV) (the "Company") announced today that it will report results for the quarter ended December 31, 2021, after market close on Thursday, February 3, 2022. The Company will also host a conference call on Thursday, February 3, 2022 at 5:00 p.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (866) 342-8591 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9713. Participants should reference either Apollo Investment Corporation Q3 2022 Earnings Call or Conference ID: AINVQ322 when prompted. A simultaneous webcast of the
Strategic Announcements Reinforce Position as a Pure Play Senior Secured Middle Market BDC(1) Established New Industry-Leading Fee Structure to Support Senior Secured Investment Strategy(2)MidCap Financial,(3) one of the World's Leading Middle Market Origination Businesses, Makes Aligning Primary Equity Investment in BDC at NAVBDC to Rebrand as ‘MidCap Financial Investment Corporation'(4)Senior Leadership Promotions to Align with Enhanced Strategy(5) Fiscal First Quarter and Other Recent Highlights: Net investment income per share for the quarter was $0.37 compared to $0.42 for the quarter ended March 31, 2022Net asset value per share as of the end of the quarter was $15.52 compared to $1
New Industry-Leading Fee Structure Supports Senior Secured Investment Strategy MidCap Financial 1, one of the World's Leading Middle Market Origination Businesses, Makes Aligning Primary Equity Investment in BDC at NAV BDC to Rebrand as ‘MidCap Financial Investment Corporation' Increases Quarterly Base Distribution from $0.31 to $0.32 Per Share2 Senior Leadership Promotions to Align with Enhanced Strategy NEW YORK, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV), (the "Company" or the "BDC") today announced several transformative changes which reinforce the Company's position as a senior secured middle market business development company creating an ins
NEW YORK, July 20, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV) (the "Company") announced today that it has rescheduled the release of results and accompanying conference call for the quarter ended June 30, 2022, to before market open on August 2, 2022. The Company will host a conference call on Tuesday, August 2, 2022, at 8:00 a.m. Eastern Time. Please note that the conference call dial-in numbers have changed. All interested parties are welcome to participate in the conference call by dialing (866) 342-8591 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9713. Participants should reference either Apollo Investment Corpora
NEW YORK, July 06, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV) (the "Company") announced today that it will report results for the quarter ended June 30, 2022, after market close on Thursday, August 4, 2022. The Company will also host a conference call on Thursday, August 4, 2022 at 5:00 p.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (866) 831-8713 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9822. Participants should reference either Apollo Investment Corporation Q1 2023 Earnings or Conference ID: AINVQ123 when prompted. A simultaneous webcast of the conference ca
Fiscal Fourth Quarter Financial Results: Net investment income per share for the quarter was $0.42 compared to $0.35 for the quarter ended December 31, 2021 Net asset value per share as of the end of the quarter was $15.79 compared to $16.08 as of December 31, 2021, a decrease of 1.8% attributable to a decline in Merx and certain non core assets(1)New investment commitments made during the quarter totaled $116 million(2)Gross fundings during the quarter totaled $220 million(3) consisting $115 million of term loans and $105 million(4) of revolversGross exits during the quarter totaled $274 million, primarily consisting of $10 million of term loan sales, $124 million of term loan repayments,
NEW YORK, April 20, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV) (the "Company") announced today that it will report results for the quarter and fiscal year ended March 31, 2022, after market close on Thursday, May 19, 2022. The Company will also host a conference call on Friday, May 20, 2022 at 8:00 a.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (866) 342-8591 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9713. Participants should reference either Apollo Investment Corporation Q4 2022 Earnings Call or Conference ID: AINVQ422 when prompted. A simultaneous webcast
Strengthened debt portfolio, transaction fees and portfolio dividends drove total investment income of $4.1 million in 2021, up 31% over 2020; Fourth quarter total investment income grew 17% to $1.2 million Net asset value per share ("NAV") was $23.54 at year-end, up 1% from September 30, 2021 and up 32% compared with $17.86 per share at December 31, 2020 Total investments in the quarter were $4.6 million and for the year totaled $19.7 million Rand repaid $11 million of SBA obligations during the fourth quarter Declared total dividends of $0.44 per share in 2021 Announced regular quarterly dividend of $0.15 per share for first quarter 2022, up 50% compared with quarterly dividend
Fiscal Third Quarter and Other Recent Highlights: Net investment income per share for the quarter was $0.35 compared to $0.33 for the quarter ended September 30, 2021Net asset value per share as of the end of the quarter was $16.08 compared to $16.07 as of September 30, 2021, an increase of $0.01 driven primarily by a net appreciation on the corporate lending portfolio(1) and the accretive impact of share buybacksNew investment commitments made during the quarter totaled $271 million(2)Gross fundings during the quarter totaled $335 million(3) consisting of $234 million of term loans and $101 million of revolvers Gross exits during the quarter totaled $358 million primarily consisting of $7
NEW YORK, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ:AINV) (the "Company") announced today that it will report results for the quarter ended December 31, 2021, after market close on Thursday, February 3, 2022. The Company will also host a conference call on Thursday, February 3, 2022 at 5:00 p.m. Eastern Time. All interested parties are welcome to participate in the conference call by dialing (866) 342-8591 approximately 5-10 minutes prior to the call; international callers should dial (203) 518-9713. Participants should reference either Apollo Investment Corporation Q3 2022 Earnings Call or Conference ID: AINVQ322 when prompted. A simultaneous webcast of the
Fiscal Second Quarter and Other Recent Highlights: Net investment income per share for the quarter was $0.33 compared to $0.39 for the quarter ended June 30, 2021 Net asset value per share as of the end of the quarter was $16.07 compared to $16.02 as of June 30, 2021, an increase of 0.3% driven primarily by a net appreciation on the corporate lending portfolio(1)New investment commitments made during the quarter totaled $222 million(2)Gross fundings during the quarter totaled $290 million(3) consisting of $211 million of term loans and $79 million of revolvers Gross exits during the quarter totaled $176 million primarily consisting of $10 million of term loan sales, $97 million of ter
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
APP ORDR - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
10-Q - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - MidCap Financial Investment Corp (0001278752) (Filer)
8-K - APOLLO INVESTMENT CORP (0001278752) (Filer)
8-K - APOLLO INVESTMENT CORP (0001278752) (Filer)
497AD - APOLLO INVESTMENT CORP (0001278752) (Filer)
497AD - APOLLO INVESTMENT CORP (0001278752) (Filer)
10-Q - APOLLO INVESTMENT CORP (0001278752) (Filer)
Upgrades Bernstein upgraded the previous rating for Cognex Corp (NASDAQ:CGNX) from Market Perform to Outperform. In the second quarter, Cognex showed an EPS of $0.41, compared to $0.43 from the year-ago quarter. The stock has a 52-week-high of $80.30 and a 52-week-low of $41.69. At the end of the last trading period, Cognex closed at $49.72. According to RBC Capital, the prior rating for Sealed Air Corp (NYSE:SEE) was changed from Sector Perform to Outperform. In the second quarter, Sealed Air showed an EPS of $1.01, compared to $0.79 from the year-ago quarter. The stock has a 52-week-high of $70.72 and a 52-week-low of $55.08. At the end of the last trading period, Sealed Air closed
Wells Fargo analyst Finian O'Shea upgrades Apollo Investment (NASDAQ:AINV) from Equal-Weight to Overweight and announces $13.5 price target.
Apollo Investment (NASDAQ:AINV) reported its Q1 earnings results on Tuesday, August 2, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings Apollo Investment beat estimated earnings by 8.82%, reporting an EPS of $0.37 versus an estimate of $0.34. Revenue was up $2.85 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.08 which was followed by a 0.67% drop in the share price the next day. Here's a look at Apollo Investment's past performance: Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022 EPS Estimate 0.34 0.34 0.35 0.39 EPS Actual 0.42
Apollo Investment (NASDAQ:AINV) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.34 by 8.82 percent. This is a 5.13 percent decrease over earnings of $0.39 per share from the same period last year.
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Wednesday's session saw 269 companies set new 52-week lows. 52-Week Low Highlights: The largest company in terms of market cap to set a new 52-week low was Procter & Gamble (NYSE:PG). The smallest company by market cap to set a new 52-week low was Quoin Pharmaceuticals (NASDAQ:QNRX). 180 Life Sciences (NASDAQ:ATNF) was the biggest loser of the morning session, as it dropped 34.1% to reach its new 52-week low. Invesco High Income 2023 (NYSE:IHIT) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. Here are all the stocks that set new 52-week lows on Wednesday: Procter & Gamble (NYSE:PG) stock dropped to a yearly low on Wednesday
On Tuesday, 951 companies hit new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Microsoft (NASDAQ:MSFT) was the biggest company on a market cap basis to set a new 52-week low. Saverone 2014 (NASDAQ:SVRE) was the smallest company in terms of market cap to set a new 52-week low. SeaChange International (NASDAQ:SEAC) was the biggest loser, trading down 38.65% to reach its 52-week low. Prospect Capital (NASDAQ:PSEC)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. On Tuesday, the following stocks set new 52-week lows: Microsoft (NASDAQ:MSFT) shares set a new yearly low of $241.52 this morning. The stock was up 0.08% on the s
During Monday's trading, 1214 companies set new 52-week lows. Facts of Interest About Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Microsoft (NASDAQ:MSFT). Quoin Pharmaceuticals (NASDAQ:QNRX) was the smallest company by market cap to set a new 52-week low. DexCom (NASDAQ:DXCM)'s stock fell the most, as it traded down 76.5% to reach a new 52-week low. La Jolla Pharmaceutical (NASDAQ:LJPC)'s stock made the biggest bounce back, actually moving up 0.0% shortly after hitting a new 52-week low. On Monday, the following stocks broke to new 52-week lows: Bank of America (NYSE:BAC) stock hit a yearly low of $31.99. The stock was down 3.01% for th
Apollo Investment (NASDAQ:AINV) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.34 by 23.53 percent. This is a 7.69 percent increase over earnings of $0.39 per share from the same period last year.
Companies Reporting Before The Bell • Sociedad Quimica Y Minera (NYSE:SQM) is projected to report quarterly earnings at $1.28 per share on revenue of $1.28 billion. • Golden Ocean Group (NASDAQ:GOGL) is projected to report earnings for its first quarter. • Despegar.com (NYSE:DESP) is expected to report quarterly loss at $0.14 per share on revenue of $104.85 million. • Americas Technology Acq (NYSE:ATA) is likely to report quarterly earnings at $0.49 per share on revenue of $562.69 million. • Canada Goose Hldgs (NYSE:GOOS) is likely to report quarterly loss at $0.01 per share on revenue of $222.68 million. • Vipshop Holdings (NYSE:VIPS) is estimated to report quarterly earnings at $0