American Realty Investors (NYSE:ARL) Announces Earnings Results

American Realty Investors (NYSE:ARL) announced its earnings results on Thursday. The financial services provider reported ($0.01) EPS for the quarter, Zacks reports. 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 ARL opened at $13.83 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 8.52 and a current ratio of 8.52. American Realty Investors has a twelve month low of $12.51 and a twelve month high of $22.77. The firm’s 50 day moving average price is $14.33 and its two-hundred day moving average price is $15.27. The firm has a market cap of $223.45 million, a P/E ratio of -13.43 and a beta of 0.56.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of American Realty Investors in a research note on Thursday. They issued 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.