American Realty Investors (NYSE:ARL) Earns Hold Rating from Analysts at StockNews.com

Posted by Renee Jackson on Dec 17th, 2024

StockNews.com began coverage on shares of American Realty Investors (NYSE:ARL – Free Report) in a research report sent to investors on Saturday. The brokerage issued a hold rating on the financial services provider’s stock.

American Realty Investors Stock Performance

Shares of American Realty Investors stock opened at $15.84 on Friday. The business’s fifty day simple moving average is $15.36 and its 200 day simple moving average is $15.89. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23. American Realty Investors has a 12 month low of $12.51 and a 12 month high of $25.96. The firm has a market capitalization of $255.82 million, a P/E ratio of -15.38 and a beta of 0.66.

American Realty Investors (NYSE:ARL – Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The financial services provider reported ($1.08) earnings per share for the quarter. The company had revenue of $11.61 million during the quarter. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Realty Investors stock. BNP Paribas Financial Markets raised its holdings in shares of American Realty Investors, Inc. (NYSE:ARL – Free Report) by 1,262.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,864 shares of the financial services provider’s stock after purchasing an additional 4,507 shares during the quarter. BNP Paribas Financial Markets’ holdings in American Realty Investors were worth $85,000 as of its most recent filing with the Securities & Exchange Commission.

About American Realty Investors

(Get Free Report)

American Realty Investors, Inc, together with its subsidiaries, acquires, develops, owns, and manages multifamily and commercial real estate properties in the Southern United States. It operates through two segments, Residential and Commercial. The company leases apartment units to residents; and office, industrial, and retail space to various for-profit businesses, as well as local, state, and federal agencies.