Media headlines about Apollo Investment (NASDAQ:AINV) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Apollo Investment earned a news impact score of 0.23 on Accern’s scale. Accern also gave press coverage about the asset manager an impact score of 45.170363473874 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Trader’s Watch List: Apollo Investment Corporation, (NASDAQ: AINV … – Stocks In The News (press release) (tradingnewsnow.com)
- Apollo Investment Corporation, (NASDAQ: AINV),Verisk Analytics, Inc., (NASDAQ: VRSK), MINDBODY, Inc., (NASDAQ … – Hot Stocks In Focus (press release) (reagentsglobalmarket.com)
- Apollo Investment (AINV) Upgraded by ValuEngine to Buy (americanbankingnews.com)
- It may surprise you: Vertex Pharmaceuticals Incorporated, (NASDAQ: VRTX), Apollo Investment Corporation, (NASDAQ … – Stocks In The News (press release) (tradingnewsnow.com)
- Reviewing Apollo Investment (AINV) and Its Rivals (americanbankingnews.com)
Shares of Apollo Investment (AINV) opened at $5.95 on Wednesday. The company has a market cap of $1,299.73, a PE ratio of 9.15, a P/E/G ratio of 1.90 and a beta of 0.93. Apollo Investment has a fifty-two week low of $5.69 and a fifty-two week high of $6.82. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 0.59.
Apollo Investment (NASDAQ:AINV) last released its quarterly earnings data on Friday, November 3rd. The asset manager reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. The firm had revenue of $66.46 million for the quarter, compared to the consensus estimate of $67.75 million. Apollo Investment had a net margin of 29.87% and a return on equity of 9.51%. The firm’s revenue was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.18 earnings per share. analysts forecast that Apollo Investment will post 0.63 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Thursday, December 21st will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 10.08%. The ex-dividend date is Wednesday, December 20th. Apollo Investment’s payout ratio is currently 166.67%.
AINV has been the subject of several analyst reports. BidaskClub cut shares of Apollo Investment from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 19th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $6.50 price objective on shares of Apollo Investment in a report on Thursday, August 31st. Raymond James Financial upgraded shares of Apollo Investment from a “market perform” rating to an “outperform” rating and set a $7.00 price target on the stock in a research note on Tuesday, November 7th. National Securities reissued a “neutral” rating and set a $6.00 price objective on shares of Apollo Investment in a research report on Wednesday, August 9th. Finally, J P Morgan Chase & Co lowered their target price on shares of Apollo Investment from $6.50 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $6.41.
About Apollo Investment
Apollo Investment Corporation is a closed-end, externally managed, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation. It invests primarily in various forms of debt investments, including secured and unsecured debt, loan investments and/or equity in private middle-market companies.
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