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How to buy Apollo Investment Corporation (AINV) stocks in Canada

Learn how to easily invest in Apollo Investment Corporation stocks.

Apollo Investment Corporation is an asset management business based in the US. Apollo Investment Corporation stocks (AINV.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $13.58 – a decrease of 2.27% over the previous week. Apollo Investment Corporation employs 0 staff and has a trailing 12-month revenue of around $208.6 million.

How to buy shares in Apollo Investment Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – AINV – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Apollo Investment Corporation stock price (NASDAQ:AINV)

Use our graph to track the performance of AINV stocks over time.

Apollo Investment Corporation shares at a glance

Information last updated 2022-01-24.
Latest market close$12.91
52-week range$10.69 - $14.09
50-day moving average $13.05
200-day moving average $13.65
Wall St. target price$13.86
PE ratio 6.1625
Dividend yield $1.29 (9.6%)
Earnings per share (TTM) $2.04

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Is it a good time to buy Apollo Investment Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Apollo Investment Corporation price performance over time

Historical closes compared with the close of $12.91 from 2022-01-26

1 week (2022-01-21) -0.08%
1 month (2021-12-28) -0.46%
3 months (2021-10-28) -4.16%
6 months (2021-07-28) -6.52%
1 year (2021-01-28) 5.73%
2 years (2020-01-27) -25.59%
3 years (2019-01-25) 14.64
5 years (2017-01-27) 120.31%

Is Apollo Investment Corporation under- or over-valued?

Valuing Apollo Investment Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Apollo Investment Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Apollo Investment Corporation's P/E ratio

Apollo Investment Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Apollo Investment Corporation shares trade at around 6x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Apollo Investment Corporation's PEG ratio

Apollo Investment Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.18. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Apollo Investment Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Apollo Investment Corporation financials

Revenue TTM $208.6 million
Operating margin TTM 73.46%
Gross profit TTM $216.7 million
Return on assets TTM 3.59%
Return on equity TTM 13.01%
Profit margin 63.83%
Book value $16.07
Market capitalisation $810.2 million

TTM: trailing 12 months

Apollo Investment Corporation share dividends

93%

Dividend payout ratio: 93.2% of net profits

Recently Apollo Investment Corporation has paid out, on average, around 93.2% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.6% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Apollo Investment Corporation shareholders could enjoy a 9.6% return on their shares, in the form of dividend payments. In Apollo Investment Corporation's case, that would currently equate to about $1.29 per share.

Apollo Investment Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Apollo Investment Corporation's most recent dividend payout was on 3 January 2019. The latest dividend was paid out to all shareholders who bought their shares by 16 December 2021 (the "ex-dividend date").

Have Apollo Investment Corporation's shares ever split?

Apollo Investment Corporation's shares were split on a 1:3 basis on 2 December 2018. So if you had owned 3 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Apollo Investment Corporation shares – just the quantity. However, indirectly, the new 200% higher share price could have impacted the market appetite for Apollo Investment Corporation shares which in turn could have impacted Apollo Investment Corporation's share price.

Apollo Investment Corporation share price volatility

Over the last 12 months, Apollo Investment Corporation's shares have ranged in value from as little as $10.6921 up to $14.0931. A popular way to gauge a stock's volatility is its "beta".

AINV.US volatility(beta: 2.01)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Apollo Investment Corporation's is 2.0056. This would suggest that Apollo Investment Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Apollo Investment Corporation overview

Apollo Investment Corporation is a closed-end, externally managed, non-diversified management investment company that has elected to be treated as a business development company (?BDC?) under the Investment Company Act of 1940 (the ?1940 Act?) specializing in private equity investments in leveraged buyouts, acquisitions, recapitalizations, growth capital, refinancing and private middle market companies. It provides direct equity capital, mezzanine, first lien secured loans, stretch senior loans, unitranche loans, second lien secured loans and senior secured loans, unsecured debt, and subordinated debt and loans. It also seeks to invest in PIPES transactions. The fund may also invest in securities of public companies that are thinly traded and may acquire investments in the secondary market and structured products. It prefers to invest in preferred equity, common equity / interests and warrants and makes equity co-investments and may also invest in cash equivalents, U. S. government securities, high-quality debt investments that mature in one year or less, high-yield bonds, distressed debt, non-U.

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