STOCK TITAN

Apollo Commercial Real Estate Finance, Inc. - $ARI STOCK NEWS

Welcome to our dedicated page for Apollo Commercial Real Estate Finance news (Ticker: $ARI), a resource for investors and traders seeking the latest updates and insights on Apollo Commercial Real Estate Finance stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Apollo Commercial Real Estate Finance's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Apollo Commercial Real Estate Finance's position in the market.

Rhea-AI Summary

Apollo Commercial Real Estate Finance, Inc. (ARI) reported a net loss per diluted share of ($0.76) and Distributable Earnings of $0.35 per share for the first quarter of 2024. The company recorded an incremental CECL allowance of $142 million on a mezzanine loan in NYC, resulting in a book value decline. A detailed presentation of the results is available online. A conference call to review the results will be held on April 30, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.83%
Tags
-
Rhea-AI Summary
Apollo Commercial Real Estate Finance, Inc. (ARI) schedules a conference call to discuss its first quarter 2024 financial results. The call will take place on April 30, 2024, at 10:00 a.m. Eastern Time, following the release of the financial results on April 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
-
Rhea-AI Summary
Apollo Commercial Real Estate Finance, Inc. (ARI) declares a dividend of $0.35 per share of common stock, payable on April 15, 2024, to stockholders of record on March 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
dividends
Rhea-AI Summary
Apollo Commercial Real Estate Finance, Inc. (ARI) has set April 15, 2024, as the record date for its 2024 Annual Meeting of Stockholders, to be held virtually on June 7, 2024, at 9:00 am Eastern Time. The company's proxy statement will contain details about the virtual meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
none
-
Rhea-AI Summary
Apollo Commercial Real Estate Finance, Inc. (ARI) reported 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 per share were $0.36 and $1.09 for the quarter and year ended December 31, 2023, respectively. The company's CEO highlighted the stable and well-covered dividend provided to stockholders despite the challenging macro environment in 2023. ARI took proactive steps in managing its loan portfolio and optimizing its balance sheet, positioning it well to pivot towards offense as the year progressed. The company also committed to two new loan origination transactions in the fourth quarter and will continue to deploy capital alongside Apollo’s broader commercial real estate credit platform. A detailed presentation of the company’s quarter and year ended December 31, 2023 results is available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.89%
Tags
-
Rhea-AI Summary
Apollo Commercial Real Estate Finance, Inc. (ARI) announced the estimated federal income tax treatment of the Company’s 2023 distributions on its common stock 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 detailed. Stockholders are encouraged to consult with their own tax advisors as to their specific tax treatment of the Company's distributions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
dividends
Rhea-AI Summary
Apollo Commercial Real Estate Finance, Inc. (ARI) will hold a conference call to review its Q4 and full year 2023 financial results on February 7, 2024. The call will include a review of performance, recent events, and a Q&A session. Financial results will be released on February 6, 2024, after the market closes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
-
Rhea-AI Summary
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) declares a dividend of $0.35 per share of common stock, payable on January 12, 2024, to common stockholders of record on December 29, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
Tags
dividends
-
Rhea-AI Summary
Apollo Commercial Real Estate Finance, Inc. (ARI) reported net income of $0.30 per diluted share for the quarter ended September 30, 2023. Distributable Earnings per share were $0.37. The company's credit quality remains stable with no asset specific CECL allowances recorded during the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.06%
Tags
Rhea-AI Summary
Apollo Commercial Real Estate Finance, Inc. to hold conference call for Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
Apollo Commercial Real Estate Finance, Inc.

NYSE:ARI

ARI Rankings

ARI Stock Data

1.45B
132.66M
0.87%
64.31%
2.31%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
NEW YORK

About ARI

apollo commercial real estate finance, inc. operates as a real estate investment trust (reit) that primarily 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.