Apollo Commercial Real Estate Finance Inc (NYSE:ARI)
$ 9.25 -0.05 (-0.54%) Market Cap: 1.28 Bil Enterprise Value: 8.20 Bil PE Ratio: 0 PB Ratio: 0.68 GF Score: 62/100

Apollo Commercial Real Estate Finance Inc at Citi Global Property Conference (Virtual) Transcript

Mar 09, 2021 / 01:15PM GMT
Release Date Price: $13.91 (-1.56%)
Arren Saul Cyganovich
Citigroup Inc., Research Division - VP & Senior Analyst

Welcome to Citi's 2021 Virtual Property CEO Conference. I'm Arren Cyganovich with Citi Research. And we're pleased to have with us Apollo Commercial Real Estate Finance, and CEO, Stuart Rothstein. This session is for Citi clients only. If media or other individuals are on the line, please disconnect now. Disclosures are available on the webcast. (Operator Instructions)

Questions & Answers

Arren Saul Cyganovich
Citigroup Inc., Research Division - VP & Senior Analyst

So Stuart, we'll turn over to you, and you can talk a little bit about the company. And just to start off, coming out of the pandemic, if an investor were to choose only 1 real estate stock to own, what are 3 reasons why they should invest in ARI?

Stuart A. Rothstein
Apollo Commercial Real Estate Finance, Inc. - President, CEO & Director

Thanks, Arren. Look, I think quickly, just from a financial analysis perspective, a stock that traded at 115 to 120x

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