ARI
Apollo Commercial Real Estate Finance, Inc.
NYSEUSDEQUITY
Real Estate
DELAYED
Last price
6.88
▼ 0.06 (0.86%)
MARKET · —
Price
Open
6.94
Prev close
6.94
Day high
6.95
Day low
6.88
Volume
1.23M
Market cap
$888.51M
P/E (TTM)
8.66
52W range
6.43 – 11.24
Trailing performance
Returnvs SPY
1W
+1.46%
+2.8%
1M
+2.51%
-1.2%
3M
-36.71%
-39.8%
6M
-34.81%
-45.9%
YTD
-28.41%
-40.7%
1Y
-32.52%
-52.5%
3Y
-33.04%
-107.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$888.51M
Enterprise value$20.53M
Revenue (TTM)$624.29M
Gross profit$539.66M
EBITDA—
Net income$109.18M
EPS (TTM)$0.80
Free cash flow—
Total cash$1.24B
Total debt$371.43M
Book value / share$9.79
Shares outstanding128.21M
Float102.09M
Short % of float5.18%
Dividend yield14.43%
Beta (5Y)1.44
Valuation & profitability ratios
Trailing P/E8.66
Forward P/E30.53
PEG ratio1.33
Price / sales—
Price / book0.71
EV / revenue0.03
EV / EBITDA—
Gross margin86.44%
Operating margin91.25%
Profit margin21.14%
Return on equity8.51%
Return on assets2.21%
Debt / equity29.60
Current ratio2.43
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $166.69M | $198.98M | $252.17M | $241.58M |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $114.45M | -$131.91M | $45.85M | $252.96M |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $114.45M | -$131.91M | $45.85M | $252.96M |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.58 | -2.62 | -353.4% |
| Dec 2025 | 0.24 | 0.32 | +32.5% |
| Sep 2025 | 0.19 | 0.34 | +82.1% |
| Jun 2025 | 0.25 | 0.26 | +4.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.58 | 4 | $15.55M | -63.9% |
| Next quarter | 0.05 | 3 | $0 | -100.0% |
| Current year | -0.74 | 5 | $42.00M | -74.8% |
| Next year | 0.23 | 3 | $0 | -100.0% |
Analyst targets & ownership
Mean target$8.00
High target$8.25
Low target$7.75
Implied upside16.28%
Analyst count2
ConsensusBUY
Strong buy / Buy2 / 1
Hold1
Sell / Strong sell0 / 0
Held by insiders0.73%
Held by institutions82.49%
Institutions holding368
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
+62.53K
Net buying
Buy transactions
7
67.11K shares
Sell transactions
1
4.57K shares
Net transactions
+8
Buys less sells
Sell : buy shares
0.1 : 1
Mixed
Insider-held shares
934.67K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| May 13, 26 | WHONDER CARMENCITA N.M. Director |
SELL | 4.57K | $49.99K | Direct |
| Apr 1, 26 | SALVATI MICHAEL E Director |
STOCK | 9.59K | $0 | Direct |
| Apr 1, 26 | BIDERMAN MARK C Director |
STOCK | 9.59K | $0 | Direct |
| Apr 1, 26 | CARLTON PAMELA G Director |
STOCK | 9.59K | $0 | Direct |
| Apr 1, 26 | KASDIN ROBERT A Director |
STOCK | 9.59K | $0 | Direct |
| Apr 1, 26 | PRINCE SCOTT STEVEN Director |
STOCK | 9.59K | $0 | Direct |
| Apr 1, 26 | ROMANDO BRENNA HAYSOM Director |
STOCK | 9.59K | $0 | Direct |
| Apr 1, 26 | WHONDER CARMENCITA N.M. Director |
STOCK | 9.59K | $0 | Direct |
| Dec 30, 25 | ROTHSTEIN STUART A Chief Executive Officer |
STOCK | 109.45K | $0 | Direct |
| Dec 30, 25 | MIRONOVA ANASTASIA G. Chief Financial Officer |
STOCK | 34.83K | $0 | Direct |
| Dec 15, 25 | ROTHSTEIN STUART A Chief Executive Officer |
SELL | 52.07K | $529.13K | Direct |
| Sep 15, 25 | ROTHSTEIN STUART A Chief Executive Officer |
SELL | 52.07K | $561.27K | Direct |
| Jun 16, 25 | ROTHSTEIN STUART A Chief Executive Officer |
SELL | 52.07K | $511.82K | Direct |
| Apr 29, 25 | BIDERMAN MARK C Director |
SELL | 10.00K | $94.80K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BIDERMAN MARK C |
Director | 70.37K | Stock Award(Grant) |
CARLTON PAMELA G |
Director | 49.27K | Stock Award(Grant) |
KASDIN ROBERT A |
Director | 114.63K | Stock Award(Grant) |
MIRONOVA ANASTASIA G. |
Chief Financial Officer | 81.67K | Stock Award(Grant) |
PRINCE SCOTT STEVEN |
Director | 60.90K | Stock Award(Grant) |
ROMANDO BRENNA HAYSOM |
Director | 90.53K | Stock Award(Grant) |
ROTHSTEIN STUART A |
Chief Executive Officer | 339.16K | Stock Award(Grant) |
SALVATI MICHAEL E |
Director | 163.38K | Stock Award(Grant) |
WHONDER CARMENCITA N.M. |
Director | 24.80K | Sale |
Moving averages & technicals
SMA 10
6.84
+0.54% from price
SMA 20
6.76
+2.45% from price
SMA 50
8.53
-18.80% from price
SMA 100
9.73
-29.29% from price
SMA 200
9.98
-30.57% from price
EMA 12
6.88
-0.06% from price
EMA 26
7.28
-5.51% from price
EMA 50
8.11
-15.19% from price
RSI (14)
36.1
Neutral
MACD (12,26,9)
-0.40
Hist 0.16
ATR (14)
0.12
1.80% of price
Realised vol 30D
117.8%
Annualised
Bollinger upper
7.00
20, 2σ
Bollinger lower
6.52
20, 2σ
50 / 200 cross
Death
8.53 vs 9.98
Trend bias
Below 200
-30.57%
Risk profile
Beta vs SPY
0.58
Less volatile than market
Correlation to SPY
0.19
Largely independent
Realised vol 30D
117.8%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-42.1%
Peak to trough
Max drawdown 5Y
-58.4%
Peak to trough
ATR 14
0.12
1.80% of price
Beta (reported)
1.44
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
0.07
Positioning, not flow
Max pain
5.00
-27.8% from spot
ATM implied vol
46.1%
Nearest strike to spot
Skew (10% OTM)
+55.5%
Puts bid over calls
Call volume
3
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
7.50
15 contracts
Heaviest put OI
5.00
1 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
Apollo Commercial Real Estate Finance Q2 Earnings, Revenue Fall
MT Newswires · 12d ago
Apollo Commerical Finance: Q2 Earnings Snapshot
Associated Press · 12d ago
Apollo Commercial Real Estate Finance, Inc. Reports Second Quarter 2026 Results
GlobeNewswire · 12d ago
New Strong Sell Stocks for August 4th
Zacks · 18d ago
5 Things To Know About Apollo Commercial Real Estate Finance (ARI) Valuation Following Index Exits
Simply Wall St. · 34d ago
Top Premarket Decliners
MT Newswires · 37d ago
Here Are Thursday’s Best Wall Street Analyst Research Calls: Brown-Forman, CoreWeave, Intel, JFrog, Keurig Dr. Pepper, Klarna Group, Qualcomm, Shift 4 Payments, and More
24/7 Wall St. · 58d ago
Apollo Commercial Real Estate Finance, Inc. Announces Update Regarding Previously Announced Common Stock Dividend
GlobeNewswire · 59d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.