With 1.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.98 million shares. During the session, the REIT – Mortgage company that operates in wider Real Estate sector, reached to the highest price of $9.96 whereas the lowest price it dropped to was $9.76. The 52-week range on ARI shows that it touched its highest point at $12.74 and its lowest point at $9.14 during that stretch. It currently has a 1-year price target of $9.56. With its current market cap of 1.36 billion, ARI has annualized dividend of $1.40 while the current yield stands at 14.27%. Beta for the stock currently stands at 1.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARI was up-trending over the past week, with a rise of 3.15%, but this was down by -2.97% over a month. Three-month performance dropped to -3.25% while six-month performance fell -12.88%. The stock lost -9.67% in the past year, while it has lost -16.44% so far this year. A look at the trailing 12-month EPS for ARI yields 0.06 with Next year EPS estimates of 0.91. For the next quarter, that number is 0.21. This implies an EPS growth rate of 6.96% for this year and -22.08% for next year. EPS is expected to grow by 0.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -27.62%.
Float and Shares Shorts:
At present, 140.60 million ARI shares are outstanding with a float of 136.78 million shares on hand for trading. On 2024-08-30, short shares totaled 5.28 million, which was 381.0 higher than short shares on 1722384000. In addition to Mr. Stuart A. Rothstein CPA as the firm’s President, CEO & Director, Ms. Anastasia Mironova serves as its CFO, Secretary & Treasurer.
Institutional Ownership:
Through their ownership of 0.66245 of ARI’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
