American Realty Investors (NYSE:ARL) Announces Earnings Results

American Realty Investors (NYSE:ARL) issued its earnings results on Thursday. The financial services provider reported ($0.01) earnings per share (EPS) 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 Price Performance

Shares of ARL stock traded down $0.43 during trading hours on Thursday, reaching $13.73. The stock had a trading volume of 665 shares, compared to its average volume of 7,670. The stock’s fifty day simple moving average is $14.33 and its 200 day simple moving average is $15.28. The firm has a market capitalization of $221.77 million, a PE ratio of -13.43 and a beta of 0.56. American Realty Investors has a 12 month low of $12.51 and a 12 month high of $22.77. 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 began coverage on American Realty Investors in a research 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.