ARL
American Realty Investors, Inc.
ARL's fundamentals are mixed, but it looks expensive: trading at 49x earnings, about three times its usual 16x.
ARL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| N/A | |
| N/A |
ARL's revenue and profitability are currently stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like ARL.
ARL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 1.1x | $0.53 | -98% |
| Fair | 16x | $7.35 | -68% |
| Expensive | 48x | $22.39 | -2.4% |
| Current | 49x | $22.93 | — |
Historical ranges are pointers, not guarantees.
ARL's PE is in its expensive range at 49x.
ARL Forward outlook
There aren't enough analyst estimates for ARL to show an outlook.
ARL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $0.47 | +31% |
| Q2 2026 | $0.52 | +$1.25 |
| Q1 2026 | $0.76 | +$1.60 |
| Q4 2025 | $0.97 | +$1.88 |
| Q3 2025 | $0.36 | +$1.39 |
| Q2 2025 | -$0.73 | -417% |
| Q1 2025 | -$0.84 | -594% |
| Q4 2024 | -$0.91 | -479% |
ARL's earnings per share have fallen from their peak: $0.47 over the past year, against $22.63 in late 2022.
ARL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $13.9M | +8.3% |
| Q2 2026 | $12.9M | +5.8% |
| Q1 2026 | $12.3M | +2.8% |
| Q4 2025 | $13M | +8.1% |
| Q3 2025 | $12.8M | +11% |
| Q2 2025 | $12.2M | +3.3% |
| Q1 2025 | $12M | +0.9% |
| Q4 2024 | $12M | -14% |
ARL's revenue is recovering but still below its 2020 peak: $14M last quarter, up 8.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -18% | -6.2 points |
| Q2 2026 | -20% | -12 points |
| Q1 2026 | -18% | -11 points |
| Q4 2025 | -23% | -8.5 points |
| Q3 2025 | -12% | +5.5 points |
| Q2 2025 | -8.3% | +2.5 points |
| Q1 2025 | -6.8% | +6 points |
| Q4 2024 | -15% | +0.8 points |
ARL's operating margin was −18% last quarter, down 6.2 points from the same quarter a year ago.
ARL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $8.1M | +1.7% |
| Q2 2026 | -$2.4M | +$519K |
| Q1 2026 | $876K | +$8.3M |
| Q4 2025 | -$3.2M | +$12.6M |
| Q3 2025 | $8M | -41% |
| Q2 2025 | -$2.9M | -$2.4M |
| Q1 2025 | -$7.4M | -292% |
| Q4 2024 | -$15.8M | +$23.1M |
ARL's free cash flow was $3M over the past year, against −$18M the year before. Free cash flow isn't a meaningful measure for real estate companies like ARL.
ARL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | -- |
| 5 years | 0% | -- |
| Available history | +1% | +155K shares |
ARL has 16M diluted shares, about the same as a year ago.
ARL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 47.4x | High |
| Q2 2026 | 44.2x | High |
| Q1 2026 | 37.0x | High |
| Q4 2025 | 32.3x | High |
| Q3 2025 | 32.5x | High |
| Q2 2025 | 30.9x | High |
| Q1 2025 | 29.8x | High |
| Q4 2024 | 28.1x | High |
ARL's net debt is more than 20 years of its operating earnings (EBITDA), up from more than 20 years a year ago. Net leverage isn't a meaningful measure for real estate companies like ARL.
ARL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 73.5 | Overbought |
| Stochastic | 93.2 | Overbought |
ARL's weekly RSI is 74 (overbought) and its Stochastic is 93 (overbought).
ARL PE vs Real Estate Sector
| Metric | ARL | Sector median | Relative |
|---|---|---|---|
| PE | 49x | 24x | 104% above |
| PE % | 85 | 23 | 62 pts above |
ARL is trading at 49x earnings, a 104% premium to the Real Estate sector's median of 24x.
ARL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $18.2 | 26% above |
| 20 week MA | $17.1 | 34% above |
| 50 week MA | $16.3 | 41% above |
| 100 week MA | $15.3 | 50% above |
| 200 week MA | $16.7 | 37% above |
ARL has climbed back above all five of its weekly moving averages, and it's now 37% above its 200-week average.
ARL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.8 | $11.1 | -34% |
| 2021 | $11.1 | $11.5 | +4.2% |
| 2022 | $11.5 | $26.0 | +125% |
| 2023 | $26.0 | $17.4 | -33% |
| 2024 | $17.4 | $14.8 | -15% |
| 2025 | $14.8 | $16.0 | +8.2% |
| 2026 YTD | $16.0 | $22.9 | +43% |
ARL is up 43% so far in 2026, after finishing lower in three of the previous six years.