American Realty Investors (NYSE:ARL) Now Covered by StockNews.com

Posted by Anthony Miller on Dec 7th, 2024

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

American Realty Investors Stock Up 1.3 %

Shares of American Realty Investors stock opened at $17.52 on Friday. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $25.96. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23. The business’s 50 day simple moving average is $15.28 and its 200-day simple moving average is $15.72.

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Realty Investors stock. Barclays PLC lifted its holdings in shares of American Realty Investors, Inc. (NYSE:ARL – Free Report) by 257.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,967 shares of the financial services provider’s stock after buying an additional 1,416 shares during the period. Barclays PLC’s holdings in American Realty Investors were worth $34,000 at the end of the most recent reporting period.

American Realty Investors Company Profile

(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.