American Realty Investors (NYSE:ARL) Issues Quarterly Earnings Results

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

American Realty Investors Trading Down 2.3 %

ARL stock opened at $13.83 on Friday. The company has a quick ratio of 8.52, a current ratio of 8.52 and a debt-to-equity ratio of 0.23. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $22.77. The company has a market cap of $223.45 million, a P/E ratio of -13.43 and a beta of 0.56. The business has a fifty day moving average of $14.33 and a 200-day moving average of $15.27.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of American Realty Investors in a report on Thursday. They issued a “hold” rating for the company.

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.