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.
Company profile
Ticker
ARI
Exchange
Website
CEO
Stuart Rothstein
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ACREFI Operating, LLC • ACREFI Holdings • ACREFI Currency, LLC • ACREFI Lender, LLC • ACREFI I TRS, Inc. • ACREFI II TRS, Ltd. • ACREFI III TRS, Inc. • ACREFI Mezzanine, LLC • ACREFI Mortgage Lending, LLC • ACREFI Insurance Services, LLC ...
IRS number
270467113
ARI stock data
Latest filings (excl ownership)
8-K
Reports Fourth Quarter 2023 Results
7 Feb 24
10-K
2023 FY
Annual report
6 Feb 24
8-K
Departure of Directors or Certain Officers
8 Jan 24
UPLOAD
Letter from SEC
14 Nov 23
CORRESP
Correspondence with SEC
8 Nov 23
S-3ASR
Automatic shelf registration
3 Nov 23
8-K
Reports Third Quarter 2023 Results
30 Oct 23
10-Q
2023 Q3
Quarterly report
30 Oct 23
UPLOAD
Letter from SEC
26 Oct 23
CORRESP
Correspondence with SEC
12 Oct 23
Transcripts
ARI
Earnings call transcript
2023 Q4
7 Feb 24
ARI
Earnings call transcript
2023 Q3
31 Oct 23
ARI
Earnings call transcript
2023 Q2
1 Aug 23
ARI
Earnings call transcript
2023 Q1
27 Apr 23
ARI
Earnings call transcript
2022 Q4
9 Feb 23
ARI
Earnings call transcript
2022 Q3
25 Oct 22
ARI
Earnings call transcript
2022 Q2
27 Jul 22
ARI
Earnings call transcript
2022 Q1
26 Apr 22
ARI
Earnings call transcript
2021 Q4
9 Feb 22
ARI
Earnings call transcript
2021 Q3
26 Oct 21
Latest ownership filings
4
Anastasia G. Mironova
19 Apr 24
4
STUART ROTHSTEIN
17 Apr 24
144
Notice of proposed sale of securities
15 Apr 24
4
MARK C BIDERMAN
3 Apr 24
4
Brenna Haysom Romando
3 Apr 24
4
Scott Prince
3 Apr 24
4
Carmencita N.M. Whonder
3 Apr 24
4
Robert A Kasdin
3 Apr 24
4
MICHAEL SALVATI
3 Apr 24
4
Pamela G Carlton
3 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 307.85 mm | 307.85 mm | 307.85 mm | 307.85 mm | 307.85 mm | 307.85 mm |
Cash burn (monthly) | 69.00 k | 951.58 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 461.11 k | 6.36 mm | n/a | n/a | n/a | n/a |
Cash remaining | 307.38 mm | 301.49 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 4454.8 | 316.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
7.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 239 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 117.21 mm |
Total shares | 10.49 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Qatar Investment Authority | 10.49 mm | $117.21 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Apr 24 | Anastasia G. Mironova | Common Stock | Payment of exercise | Dispose F | No | No | 10.58 | 851 | 9.00 k | 29,028 |
15 Apr 24 | Stuart Rothstein | Common Stock | Sell | Dispose S | No | Yes | 10.5998 | 40,000 | 423.99 k | 415,292 |
1 Apr 24 | Carlton Pamela G | Common Stock | Grant | Acquire A | No | No | 0 | 9,140 | 0.00 | 30,358 |
1 Apr 24 | Salvati Michael | Common Stock | Grant | Acquire A | No | No | 0 | 9,140 | 0.00 | 142,793 |
1 Apr 24 | Kasdin Robert A | Common Stock | Grant | Acquire A | No | No | 0 | 9,140 | 0.00 | 94,879 |
News
JP Morgan Maintains Neutral on Apollo Comml Real Est, Lowers Price Target to $10.5
10 Apr 24
Downgrades Flood In For Commercial Real Estate Stocks: Analysts Warn Of 'Rocky Road Ahead'
4 Mar 24
B of A Securities Downgrades Apollo Comml Real Est to Underperform, Announces $10.5 Price Target
4 Mar 24
Looking Into Apollo Comml Real Est's Recent Short Interest
22 Feb 24
Recap: Apollo Comml Real Est Q4 Earnings
6 Feb 24
Press releases
Apollo Commercial Real Estate Finance, Inc. Announces Dates for First Quarter 2024 Earnings Release and Conference Call
8 Apr 24
Apollo Commercial Real Estate Finance, Inc. Announces 2024 Annual Meeting of Stockholders
12 Mar 24
Apollo Commercial Real Estate Finance, Inc. Reports Fourth Quarter 2023 Results
6 Feb 24
Apollo Commercial Real Estate Finance, Inc. Announces 2023 Dividend Income Tax Treatment
22 Jan 24