Real Estate Operators (No Developers) & Lessors · SIC 6510

AMERICAN REALTY INVESTORS INC

ARL

Watch

Latest revenue

$12.3M

as of 2026-03-31

Latest net income

$-551.0K

as of 2026-03-31

Net margin

-4.5%

as of 2026-03-31

5.2
of 10

ActaClear Score

Neutral
#3 of 4 in Real Estate Operators (No Developers) & Lessors
+0.0 · 2d
Profitability·25%
8.3
Growth·15%
3.3
Value·20%
6.7
Quality·20%
3.3
Momentum·20%
3.3

Computed from 5 years of SEC fundamentals + latest market data, ranked within Real Estate Operators (No Developers) & Lessors (4 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 7, 2026.

20.63
Price / FV

Fair value · DCF

Deeply overvalued
~95% downside at this growth
-3.3% / yr
-5%30%
Terminal growthWACC 7.3% · 10y forecast
Current price
$13.98
DCF fair value
$0.68
FCF base (last FY)
$15.70M
Net debt
$200.19M

DCF: 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Drag the slider to test your own growth thesis — the dominant assumption in any DCF is what comes next, not what the math does with it. Beta defaults to 1.0 when not reported.

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Price · 5Y

+4.0% / yr 15.7 pts / yr vs S&P 500 21.4% total
Compare:

Live market

delayed ≤15 min
$13.98
2.92%
Market cap
$225.8M
Enterprise value
$724.7M
P/E (trailing)
14.4×
Forward P/E
P/B
0.36×
Dividend yield
0.0%
52-wk high
$19.56
52-wk low
$12.42
Beta
Shares out
16.2M

5-year trend

What this company does

AI

ITEM 1. BUSINESS General American Realty Investors, Inc. (the “Company”), a Nevada Corporation, is a fully integrated externally managed real estate company. We operate high quality multifamily and commercial properties throughout the Southern United States. We also invest in mortgage notes receivable and in land that is either held for appreciation or development. As used herein, the terms “ARL”, “the Company”, “We”, “Our”, or “Us” refer to the Company. Corporate Structure As of December 31, 2025, we owned approximately 78.4% of the common stock of Transcontinental Realty Investors, Inc. ("TCI") and substantially all of our operations are conducted through TCI, whose common stock is traded…

AI summary unavailable — showing raw filing excerpt

Generated from ARL's filing dated 2026-03-12

Key risks

AI

ITEM 1A. RISK FACTORS The following discusses those risk factors that we believe could have a material effect on our business, operations and financial condition. If any of these risks, as well as other risks and uncertainties that we have not yet identified or that we currently believe are not material, become realized, we could be materially adversely affected. In addition, the following risk factors may contain “forward looking statements” and should be read in conjunction with Management’s Discussion and Analysis of Financial condition and Results of Operations, and the financial statements and related notes in this Annual Report on Form 10-K. All investors should carefully consider the…

AI summary unavailable — showing raw filing excerpt

Generated from ARL's filing dated 2026-03-12

Profitability

Operating margin

-12.9%

8.4%

Net margin

31.4%

201.0%

Return on equity

2.5%

204.1%

Return on assets

1.4%

200.5%

Leverage

Debt / equity

0.78×

8.5%

Long-term debt / equity

0.35×

12.7%

Debt / assets

43.7%

4.8%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$12.3M+2.8%$-551.0K-118.6%-4.5%

Q4 2025

2025-12-31

$13.0M+8.1%$9.8M+417.7%75.2%

Q3 2025

2025-09-30

$12.8M+10.6%$129.0K+100.9%1.0%

Q2 2025

2025-06-30

$12.2M+3.3%$2.8M+142.2%23.2%

Q1 2025

2025-03-31

$12.0M+0.9%$3.0M+69.3%24.7%

Q4 2024

2024-12-31

$12.0M$-3.1M-25.6%

Q3 2024

2024-09-30

$11.6M-7.3%$-14.5M-586.7%-125.3%

Q2 2024

2024-06-30

$11.8M-3.8%$1.2M+833.6%9.9%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Real Estate Operators (No Developers) & Lessors · SIC 6510

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Insider activity

Insider buying

$7.8M

Insider selling

$0

Net activity

+$7.8M

Distinct insiders

1

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-01-12

AMERICAN REALTY INVESTORS INC

10%+ owner

Purchase70,023$55.50$3.9M
2026-01-12

AMERICAN REALTY INVESTORS INC

10%+ owner

Purchase70,023$55.50$3.9M

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns ARL

Institutional value

$6.0M

Total shares held

389.9K

Distinct holders

24

-12 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Wealth Alliance Advisory Group, LLC174.3K$2.7M+0 (+0.0%)No change
2BlackRock, Inc.92.8K$1.4M-842 (-0.9%)Trimmed
3CALDWELL SUTTER CAPITAL, INC.70.7K$1.1M-1.1K (-1.5%)Trimmed
4VANGUARD FIDUCIARY TRUST CO13.4K$206.5KNew
5VANGUARD CAPITAL MANAGEMENT LLC13.3K$205.6KNew
6Invesco Ltd.10.1K$155.7K-47 (-0.5%)Trimmed
7VANGUARD PORTFOLIO MANAGEMENT LLC7.5K$115.5KNew
8NEW YORK STATE COMMON RETIREMENT FUND2.8K$43.0K+0 (+0.0%)No change
9RHUMBLINE ADVISERS1.2K$18.4K+11 (+0.9%)Added
10UBS Group AG728$11.2K+314 (+75.8%)Added
11JPMORGAN CHASE & CO593$9.1K-1.0K (-63.1%)Trimmed
12WELLS FARGO & COMPANY/MN501$7.7K-986 (-66.3%)Trimmed
13Russell Investments Group, Ltd.377$5.8K+194 (+106.0%)Added
14BNP PARIBAS FINANCIAL MARKETS376$5.8K+1 (+0.3%)Added
15UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC364$5.6KNew
16Vanguard Global Advisers, LLC314$4.9KNew
17GAMMA Investing LLC157$2.4K+0 (+0.0%)No change
18Legal & General Group Plc146$2.3K+0 (+0.0%)No change
19ASSETMARK, INC116$1.8K+58 (+100.0%)Added
20Ameritas Investment Partners, Inc.112$1.7K+0 (+0.0%)No change

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

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