Apollo Commercial Real Estate Finance/$ARI
1D1W1MYTD1Y5YMAX
Capital at risk
About Apollo Commercial Real Estate Finance
Apollo Commercial Real Estate Finance Inc is a real estate investment trust that originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.
- Ticker
- $ARI
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- -
- Headquarters
- New York, United States
- Website
- www.apollocref.com
ARI Metrics
BasicAdvanced
$835M
8.17
$0.80
1.44
$4.50
15.36%
Price and volume
Market cap
$835M
Beta
1.44
52-week high
$11.24
52-week low
$6.43
Average daily volume
2.7M
Dividend rate
$4.50
Financial strength
Current ratio
2.43
Quick ratio
2.43
Long term debt to equity
0.296
Total debt to equity
0.296
Dividend payout ratio (TTM)
116.07%
Profitability
Gross margin (TTM)
86.44%
Net profit margin (TTM)
21.14%
Operating margin (TTM)
75.28%
Effective tax rate (TTM)
0.27%
Management effectiveness
Return on assets (TTM)
2.21%
Return on equity (TTM)
8.51%
Valuation
Price to earnings (TTM)
8.168
Price to revenue (TTM)
1.429
Price to book
0.67
Price to tangible book (TTM)
0.67
Price to free cash flow (TTM)
12.021
Free cash flow yield (TTM)
8.32%
Free cash flow per share (TTM)
0.542
Dividend yield (TTM)
69.12%
Forward dividend yield
15.36%
Growth
Revenue change (TTM)
128.02%
Earnings per share change (TTM)
-643.42%
3-year revenue growth (CAGR)
26.02%
10-year revenue growth (CAGR)
14.54%
3-year earnings per share growth (CAGR)
-4.26%
10-year earnings per share growth (CAGR)
-1.48%
3-year dividend per share growth (CAGR)
-10.61%
10-year dividend per share growth (CAGR)
-5.81%
Bulls say / Bears say
ARI distributed $3.75 per common share on July 15, 2026, predominantly as a return of capital, providing a substantial near-term cash realization for eligible shareholders. (SEC filing)
The definitive proxy estimates aggregate liquidation distributions of $7.75–$8.50 per share, creating potential value if the remaining properties can be sold near management’s assumptions and the plan is executed successfully. (SEC definitive proxy)
ARI sold approximately $8.6 billion of commercial real-estate loans to Athene at approximately 99.7% of total commitments net of asset-specific reserves and used proceeds to repay secured financing, substantially reducing balance-sheet leverage and credit risk. (SEC Form 10-Q)
ARI is no longer a going-concern commercial mortgage REIT: its board has recommended complete liquidation and dissolution, subject to shareholder approval, eliminating the prospect of recurring loan-originating earnings. (SEC filing)
The projected liquidation value is uncertain and back-end loaded: management estimates total shareholder distributions of $7.75–$8.50 per share assuming completion by the first half of 2028, leaving exposure to property-sale prices, expenses and delays. (SEC definitive proxy)
After selling its loan portfolio, ARI’s remaining assets are concentrated in real estate owned, while the June 30, 2026 balance sheet still showed $371.4 million of debt related to those properties; asset valuations and disposition outcomes therefore remain material risks. (SEC Form 10-Q)
Data summarised monthly by Lightyear AI. Last updated on 9 Sept 2026.
Upcoming events
No upcoming events
Funds containing ARI
AllEURGBPUSD
Fund name | Fund size | $ARI weighting |
|---|---|---|
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.04% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.04% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.01% |
iShares MSCI World Small Cap£WLDS | £6.7B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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