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ARI

Apollo Commercial Real Estate Finance, Inc.

ARI

NYSE·Real Estate·REIT - Mortgage·Mkt cap $900.9M

$6.88

0.00%

P/E

8.71

Mkt Cap

$900.9M

52-Wk Range

$6.43–$11.24

52-Week Range

$6.43 - $11.24

P/E

8.71

Fwd P/E

14.95

Beta

1.45

Div Yield

Avg Vol

3.4M

Shares Out

139.6M

Mkt Cap

$900.9M

Price action

Price chart

Down 37.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Established relationships with institutional borrowers and real estate sponsors
  • Experienced management team with deep commercial real estate expertise
  • Tax-efficient REIT structure enabling high dividend distributions
  • Diversified loan portfolio across multiple property types and geographies
  • Access to capital markets and institutional funding sources

Bear Case

2 risks

  • Average volatility.
  • High premium - requires strong execution

Growth

Revenue decline expected

Expansion of commercial real estate lending opportunities

Value

High premium - requires strong execution

Momentum

Falling

-36.5% over 3m

Quality

Thin

Excellent business quality

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 29, 2026

Q3 26 RECAP

AUG 10, 2026

Reported EPS of $0.15 vs $0.11 consensus (+42.3% surprise). Revenue of $44.4M vs $34.7M expected (+27.9%). Beat on both top and bottom lines.

EPS beat +42.3%
Rev beat +27.9%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+42.3%

Revenue trend · last 8Q

-16%

+105%

+164%

+131%

+155%

-1%

-76%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$72.5M

$71.7M

$173.9M

$186.8M

$167.1M

$182.7M

$172.6M

$44.4M

Margins · last 8Q

Gross

0.0%

Operating

0.0%

Profit

58.1%

Wall Street consensus

1 analyst · 0% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

0%

Hold

1

100%

Sell

0%

Median Price Target

Latest: BTIG · Jun 25, 2026

vs Industry

How ARI stacks vs REIT - Mortgage

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.