American Realty Investors (NYSE:ARL) Announces Earnings Results

American Realty Investors (NYSE:ARL) released its earnings results on Thursday. The financial services provider reported ($0.01) EPS for the quarter, Zacks reports. American Realty Investors had a negative return on equity of 2.05% and a negative net margin of 33.78%.

American Realty Investors Stock Performance

Shares of ARL traded down $0.43 during mid-day trading on Thursday, hitting $13.73. The stock had a trading volume of 665 shares, compared to its average volume of 7,670. American Realty Investors has a 52 week low of $12.51 and a 52 week high of $22.77. The company has a debt-to-equity ratio of 0.23, a current ratio of 8.52 and a quick ratio of 8.52. The business has a fifty day moving average price of $14.33 and a 200-day moving average price of $15.28. The firm has a market cap of $221.77 million, a P/E ratio of -13.43 and a beta of 0.56.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of American Realty Investors in a research note on Thursday. They issued a “hold” rating on the stock.

American Realty Investors Company Profile

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.