Stocks · Real Estate · Real Estate - Services
American Realty Investors, Inc. ARL
$16.04 -4.07% Close, Oct 2, 2026 · NYSE · Market cap $259.1M
High risk
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 5.9× EBITDA, a high level of leverage.
- Operating margin narrowed to -18.3% from -11.9% a year earlier.
- Revenue over the last four quarters was $51.1M, up 6.8% from a year earlier.
PromtFinance scores
Each score is a percentile within the Real Estate sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 50%
- Revenue growth, 3-year CAGRTop 29%
- Revenue growth accelerationTop 46%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 15%
- Gross marginBottom 3%
- Operating marginBottom 7%
- Cash conversion (OCF / net income)Bottom 16%
- Accruals (lower is better)Bottom 16%
- Net debt / EBITDA (lower is better)Top 48%
- Interest coverBottom 9%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 47%
- Free-cash-flow yieldBottom 17%
- EBITDA / enterprise valueTop 32%
- Sales / enterprise valueBottom 49%
- P/E vs own 5-year history (lower is better)Bottom 23%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 41%
- 6-month returnTop 22%
- 1-year return vs S&P 500Top 40%
- Distance from 52-week highBottom 23%
- Trend checklist (0–4)Top 8%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 4%
- Maximum drawdown, 3 yearsBottom 19%
- Beta vs S&P 500 (lower is better)Bottom 40%
- Net debt / EBITDA (lower is better)Top 48%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 6.2% | 6.8% | ↑ |
| Gross margin | 45.0% | -39.6% | ↓ |
| Operating margin | -11.9% | -18.3% | ↓ |
| FCF margin | -26.4% | -16.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 6.8% | 6.2% | ↑ | Top 50% |
| Gross margin | -39.6% | 45.0% | ↓ | Bottom 3% |
| Operating margin | -18.3% | -11.9% | ↓ | Bottom 7% |
| Net margin | 16.4% | -24.7% | ↑ | — |
| Free-cash-flow margin | -16.3% | -26.4% | ↑ | — |
| Return on invested capital | -0.7% | — | Bottom 15% | |
| Revenue growth, 3-year CAGR | 10.0% | — | Top 29% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.39×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 0.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -3.5 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 5.88×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -1.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 1.69%
- Shareholder yield
- 1.69%
- Share count change, 1 year
- +0.0%
- Share count change, 3-year CAGR
- +0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Average 2-day reaction, last 8
- -0.8%
- Positive 20 days after report
- 5 of 8
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | — | +0.0% | +0.2% | +6.4% | — |
| May 7, 2026 | — | -0.7% | -4.3% | +5.8% | +15.1% |
| Mar 12, 2026 | — | -4.8% | -7.3% | -7.9% | -14.9% |
| Nov 6, 2025 | — | -2.3% | -5.8% | -8.5% | +5.4% |
| Aug 7, 2025 | — | +1.1% | +14.4% | +23.8% | +22.7% |
| May 8, 2025 | — | +4.3% | +6.3% | +15.7% | +1.7% |
| Mar 20, 2025 | — | -1.8% | -26.9% | -20.3% | -2.1% |
| Nov 7, 2024 | — | -2.1% | -6.8% | +13.5% | -3.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | -$0.06 | — | — | $12.9M |
| May 7, 2026 | -$0.03 | — | — | $12.3M |
| Mar 12, 2026 | -$0.10 | — | — | $13.0M |
| Nov 6, 2025 | $0.01 | — | — | $12.8M |
| Aug 7, 2025 | $0.18 | — | — | $12.2M |
| May 8, 2025 | -$0.01 | — | — | $12.0M |
| Mar 20, 2025 | -$0.01 | — | — | $12.0M |
| Nov 7, 2024 | -$1.08 | — | — | $11.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 31.1× | 17.8× | 67th | Top 47% |
| EV / EBITDA | 13.2× | — | — | Top 32% |
| EV / Sales | 9.13× | — | — | Bottom 49% |
| Free-cash-flow yield | -3.20% | — | — | Bottom 17% |
| Earnings yield | 3.21% | — | — | Top 47% |
P/E over the past five years
Range 0.8× – 81.7× since Sep 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 7
- Days above the 200-day average
- 6
- 50-day average slope (20 days)
- -7.5%
- 200-day average slope (20 days)
- +0.2%
- Distance from 50-day average
- +3.7%
- Distance from 200-day average
- +0.7%
- RSI (14)
- 51.3
- Relative volume
- 0.49×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 58.6%
- Volatility vs own 5-year history
- 66th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.64
- Correlation with S&P 500
- 0.19
- Current drawdown from 1-year high
- -31.6%
- Maximum drawdown, 3 years
- -57.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 20, 2023 | Mar 26, 2025 | -66.1% | 506 days | Not yet recovered |
| Dec 17, 2020 | May 3, 2021 | -43.0% | 92 days | 51 days (Jul 15, 2021) |
| May 4, 2022 | Sep 2, 2022 | -38.5% | 84 days | 69 days (Dec 12, 2022) |
| Jul 20, 2021 | Sep 21, 2021 | -32.7% | 44 days | 133 days (Mar 31, 2022) |
| Dec 27, 2022 | Jan 18, 2023 | -28.0% | 14 days | 7 days (Jan 27, 2023) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $259.1M
- P/E (TTM)
- 31.1
- EPS, diluted (TTM)
- $0.52
- Revenue (TTM)
- $51.1M
- 52-week range
- $12.42 – $24.44
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $42.0M | $37.5M | $50.5M | $47.3M | $50.0M |
| Gross profit | $21.2M | $19.2M | $22.6M | $20.3M | -$12.5M |
| Operating income | -$20.6M | -$9.3M | -$11.2M | -$6.6M | -$6.4M |
| Net income | $3.3M | $373.3M | $4.0M | -$14.7M | $15.7M |
| EPS (diluted) | $0.21 | $23.11 | $0.25 | -$0.91 | $0.97 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.6M | $12.0M | $12.0M | $12.2M | $12.8M | $13.0M | $12.3M | $12.9M |
| Net income | -$17.5M | -$161,000 | $3.0M | $2.8M | $129,000 | $9.8M | -$551,000 | -$1.0M |
| EPS (diluted) | -$1.08 | -$0.01 | $0.18 | $0.18 | $0.01 | $0.60 | -$0.03 | -$0.06 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$11.5M | -$45.4M | -$31.1M | $1.1M | -$5.6M |
| Capital expenditure | -$123.7M | $0 | $0 | $0 | $0 |
| Free cash flow | -$135.2M | -$45.4M | -$31.1M | $1.1M | -$5.6M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $0 | $0 | -$908,000 | -$802,000 | -$1.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $84.3M
- Total assets
- $1.09B
- Total liabilities
- $276.5M
- Total debt
- $218.0M
- Net debt
- $207.2M
- Shareholders’ equity
- $618.6M
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Mar 18, 1999 | $0.05 | — |
| Dec 17, 1998 | $0.05 | Jan 4, 1999 |
| Sep 11, 1998 | $0.05 | Sep 30, 1998 |
| Jun 2, 1998 | $0.05 | Jun 19, 1998 |
| Mar 12, 1998 | $0.05 | Mar 31, 1998 |
| Dec 11, 1997 | $0.05 | Dec 31, 1997 |
| Sep 11, 1997 | $0.05 | Sep 30, 1997 |
| Jun 11, 1997 | $0.05 | Jun 30, 1997 |
Short interest
- Shares sold short
- 31,847
- Days to cover
- 8.53
- Change vs previous report
- +2.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Aug 3, 2000
- 91-for-100
- Mar 3, 1997
- 2-for-1
- Jan 16, 1996
- 2-for-1
- Dec 11, 1990
- 1-for-3
- Sep 18, 1989
- 1-for-2