Apollo Residential Mortgage (NASDAQ:AMTG) released its earnings data on Thursday. The company reported $0.36 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.45 by $0.09, Analyst Ratings News reports. The company had revenue of $27.63 million for the quarter, compared to the consensus estimate of $26.23 million. During the same quarter last year, the company posted $0.67 earnings per share.
Apollo Residential Mortgage (NASDAQ:AMTG) opened at 14.92 on Thursday. Apollo Residential Mortgage has a 52-week low of $14.24 and a 52-week high of $23.11. The stock has a 50-day moving average of $15.03 and a 200-day moving average of $16.89. The company has a market cap of $478.0 million and a P/E ratio of 8.59.
Several analysts have recently commented on the stock. Analysts at Zacks upgraded shares of Apollo Residential Mortgage from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, October 9th. They now have a $15.00 price target on the stock.
Apollo Residential Mortgage, Inc is a holding company, which conducts its business primarily through ARM Operating, LLC and its other operating subsidiaries.
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