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Stock impact report

ARI: A Rebuilt Credit Book Trading At A Legacy Discount [Seeking Alpha]

Apollo Commercial Real Estate Finance, Inc (ARI) 
Last apollo commercial real estate finance, inc earnings: 2/13 04:30 pm Check Earnings Report
US:NYSE Investor Relations: apolloreit.com
Company Research Source: Seeking Alpha
ARI's dividend is well covered by distributable earnings, supported by capital recycling, wider spreads, and a shift to higher-coupon loans post-2022. Legacy distressed assets are being resolved, with clear monetization paths and REO assets now generating cash flow and targeted for sale by 2026. Despite a strengthened credit profile, ARI trades at a 24% discount to book, presenting rerating potential as market perception catches up. This presents a BUY opportunity. Nuthawut Somsuk/iStock via Getty Images Introduction Apollo Commercial Real Estate Finance ( ARI ) today is vastly different from the self-repair mode of the 2021-24 period. In those years, ARI had many problem loans, and as a result of that, they stayed defensive. Now, post-2022, 54% of their loans originate at higher coupons. These This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such Show less Read more
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