Headlines about Apollo Investment (NASDAQ:AINV) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Apollo Investment earned a news impact score of 0.13 on Accern’s scale. Accern also gave media headlines about the asset manager an impact score of 44.9278190185529 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
AINV has been the topic of several analyst reports. Raymond James Financial upgraded Apollo Investment from a “market perform” rating to an “outperform” rating and set a $7.00 target price on the stock in a report on Tuesday, November 7th. National Securities restated a “neutral” rating and set a $6.00 price objective on shares of Apollo Investment in a report on Tuesday, November 7th. BidaskClub upgraded Apollo Investment from a “strong sell” rating to a “sell” rating in a report on Thursday, December 21st. JPMorgan Chase & Co. decreased their target price on Apollo Investment from $6.50 to $6.00 and set a “neutral” rating for the company in a research report on Wednesday, November 1st. Finally, Jefferies Group reiterated a “buy” rating and issued a $7.00 target price on shares of Apollo Investment in a research report on Friday, September 22nd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $6.41.
Shares of Apollo Investment (AINV) opened at $5.77 on Thursday. Apollo Investment has a 12 month low of $5.60 and a 12 month high of $6.82. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $1,260.00, a price-to-earnings ratio of 16.03, a PEG ratio of 1.84 and a beta of 0.94.
Apollo Investment (NASDAQ:AINV) last posted its quarterly earnings data on Friday, November 3rd. The asset manager reported $0.16 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.16. The company had revenue of $66.46 million for the quarter, compared to the consensus estimate of $67.75 million. Apollo Investment had a return on equity of 9.51% and a net margin of 29.87%. The company’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.18 EPS. research analysts forecast that Apollo Investment will post 0.63 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Thursday, December 21st were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.40%. The ex-dividend date of this dividend was Wednesday, December 20th. Apollo Investment’s dividend payout ratio (DPR) is presently 166.67%.
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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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