American Realty Investors (NYSE:ARL) Releases Earnings Results

American Realty Investors (NYSE:ARL) issued its quarterly earnings results on Thursday. The financial services provider reported ($0.01) earnings per share for the quarter, Zacks reports. The business had revenue of $12.04 million for the quarter. 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 NYSE ARL opened at $12.79 on Friday. The stock has a market cap of $206.58 million, a price-to-earnings ratio of -12.42 and a beta of 0.56. American Realty Investors has a 1-year low of $12.29 and a 1-year high of $22.77. The stock’s 50-day moving average is $14.30 and its 200 day moving average is $15.23. The company has a current ratio of 8.52, a quick ratio of 8.52 and a debt-to-equity ratio of 0.23.

Wall Street Analysts Forecast Growth

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

About American Realty Investors

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.