AMERICAN REALTY INVESTORS INC (ARL)
Real Estate · Multifamily and commercial real estate investment and operations · NYSE
A Southern US-focused multifamily and commercial real estate investor with nested ownership of two publicly traded subsidiaries, generating income through rental properties, mortgage notes, and land assets.
What AMERICAN REALTY INVESTORS INC does
American Realty Investors is a fully integrated, externally managed real estate company that owns and operates multifamily and commercial properties throughout the Southern United States. The company also invests in mortgage notes receivable and land held for appreciation or development. ARL owns approximately 78.4% of Transcontinental Realty Investors (TCI), which in turn owns approximately 84.6% of Income Opportunity Realty Investors (IOR), creating a nested structure of real estate holdings. The company is managed by Pillar Income Asset Management pursuant to an advisory agreement.
Themes: Multifamily real estate / residential properties, Commercial real estate / office buildings, Secondary markets / Sun Belt growth, Real estate finance / mortgage notes, Land development
Fundamentals
- Price$15.38 as of 2026-08-24 close
- Market cap$248M as of 2026-08-24
- 1-year return+0.7% 2025-08-22 close $15.27 → 2026-08-24 close $15.38
- P/E20.38 as of 2026-08-24
- Net margin+24.2% as of 2026-08-24
- Gross margin+41.9% as of 2026-08-24
- ROE+2.0% as of 2026-08-24
- Debt / equity0.35 as of 2026-08-24
- Revenue growth (YoY)+6.2% as of 2026-08-24
- Revenue CAGR (3y)+10.0% SEC XBRL
- Beta0.86 as of 2026-08-24
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
How ARL compares in its sector
- price-to-earnings ratiomiddle range 122 covered Real Estate peers, as of 2026-08-24
- net profit marginmiddle range 161 covered Real Estate peers, as of 2026-08-24
- operating marginbottom 10% 161 covered Real Estate peers, as of 2026-08-24
- gross marginbottom 25% 156 covered Real Estate peers, as of 2026-08-24
- return on equitymiddle range 162 covered Real Estate peers, as of 2026-08-24
- 3-year revenue CAGRmiddle range 155 covered Real Estate peers
Position among covered Real Estate companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How AMERICAN REALTY INVESTORS INC looks technically
AMERICAN REALTY INVESTORS INC (ARL) is trading 4.6% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed above its 200-day average about 29 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 17, below the 25 that marks a real trend), though buyers have been pushing harder than sellers lately — pressure, not a trend. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 9 trading days ago (its momentum flipped positive). It made a new 20-day low about 5 trading days ago. It is 37.5% below its highest point of the past year. Trading volume is unusually light — only about 7% of its 30-day average.
Trend
8
| Distance from the 200-day | it is trading 4.6% below its 200-day average, the long-term trend line — a long-term downtrend | -4.6% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $16.73 | $16.73 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $15.94 | $15.94 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 17 calendar days ago — the swings before that are what the structure reading is measured on | 17 sessions |
| Wave structure | its recent swings can be read as a completed three-part upward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes above 16.8. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave upward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 29 trading days ago — a "golden cross", a bullish long-term signal | 29 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 17, below the 25 that marks a real trend), though buyers have been pushing harder than sellers lately — pressure, not a trend | 17.0 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 46, neither overbought (above 70) nor oversold (below 30) | 46.0 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($14.50 to $16.80) — its "stochastic" reading is 31 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 30.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 9 trading days ago (its momentum flipped positive) | 9 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $24.35 | $24.35 |
|---|---|---|
| From the 52-week high | it is 37.5% below its 52-week high (its highest price of the past year) | -37.5% |
| Above the 52-week low | it is 22.5% above its 52-week low (its lowest price of the past year) | +22.5% |
| Below the 52-week high | it is 37.5% below its highest point of the past year | 37.5% |
| Since a 20-day breakout | it made a new 20-day low about 5 trading days ago | 5 sessions |
| Since a 55-day breakout | it made a new 55-day high about 39 trading days ago | 39 sessions |
| All-time high | its highest closing price on record is $31.59 (set on 2023-03-20) | $31.59 |
| Given back of the 52-week move | over the past year its closes ranged ($13.03 to $23.44), and it has given back well over two thirds of its rise from last year’s low — 79% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $16.67 to $17.01. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 79.1% |
| From the all-time high | it is 51.9% below its all-time high | -51.9% |
| Nearest price level | it is trading 0.8% above a support level at $15.08 — a price it turned at six times since 2025-07-10, most recently on 2025-12-03. Since 2024-08-21 it has 6 such levels below the current price and 7 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -0.8% |
| All-time low | its lowest closing price on record is $1.15 (set on 2011-10-04) | $1.15 |
| Above the all-time low | it is 1222.6% above its all-time low | +1,223% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 89% of it) | 11th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.6476 between its high and its low — about 4.3% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.6476 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $14.57 and $15.68 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $14.57 – $15.12 – $15.68 |
| Typical daily range (% of price) | its price moves about 4.3% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.3% |
| Stretch from the 200-day average | it is trading 1.1 daily ranges below its 200-day average price (4.6% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.1 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is unusually light — only about 7% of its 30-day average | 0.07× |
|---|
Price gaps
1
| Gap filled | a 4.5% gap up opened on 2026-08-03 has been "filled" 11 sessions ago — price traded back through the level the gap left behind, and it took 3 sessions to close | 11 sessions ago |
|---|
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -2.75% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 2.5 percentage points (the stock lost 0.1% while the market gained 2.3%) | -2.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 4.2 percentage points (the stock gained 7.3% while the market gained 3.1%) | +4.2% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 23.1 percentage points (the stock lost 12.1% while the market gained 11.1%) | -23.1% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 15.1 percentage points (the stock gained 5.4% while the market gained 20.5%) | -15.1% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, MACD momentum is positive — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 3 of the 9 technical signals we can compute for it are currently in a bearish state: trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 3 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 17% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 6.1% of the share price. | -17.3% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 10% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $16.94 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -10.2% |
|---|
Price levels it has turned at before
ARL last closed at $15.21 on 2026-08-21. Since 2024-08-21 it has turned at 6 prices below its last close and 7 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $15.08 | Support | 0.8% below the last close | turned there six times · 2025-07-10 to 2025-12-03 |
| $15.43 | Resistance | 1.5% above the last close | turned there four times · 2024-09-10 to 2026-04-23 |
| $15.77 | Resistance | 3.7% above the last close | turned there five times · 2024-11-06 to 2026-04-08 |
| $14.45 | Support | 5.0% below the last close | turned there three times · 2025-07-25 to 2026-03-16 |
| $16.13 | Resistance | 6.1% above the last close | turned there four times · 2025-01-06 to 2026-03-23 |
| $13.88 | Support | 8.7% below the last close | turned there five times · 2024-10-21 to 2026-07-29 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part upward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $16.80.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Recent golden cross (50-day crossed above 200-day) · Pulled back from the 12-month high · trendless / choppy (low ADX) · lagging the market · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low · volume and relative volume
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Nested ownership structure creates complexity and potential conflicts of interest between ARL, TCI, and IOR, as management must allocate investment opportunities among related entities with similar objectives","Heavy reliance on external management by Pillar Income Asset Management, with no in-house employees, creates dependence on third-party execution and advisory fee obligations","Exposure to real estate market downturns in Southern US secondary markets and development execution risk on multi-property construction pipeline including Mountain Creek, which is expected to complete in 2026"]
What changed in the latest 10-Q
AI-assisted comparison of ARL's 10-Q filed 2026-05-07 against the prior one filed 2025-11-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Reference to Form 10-K for year ended December 31, 2025 (newer filing, filed 2026-05-07)
- Sale of 21 lots from Windmill Farms for $1.0 million with gain of $0.8 million during three months ended March 31, 2026 (newer filing, filed 2026-05-07)
- Loan extension on Alera to September 15, 2026 with two one-year extension options on April 30, 2026 (newer filing, filed 2026-05-07)
- Infrastructure investment of $0.4 million on Windmill Farms development during three months ended March 31, 2026 (newer filing, filed 2026-05-07)
- Completion of construction of Alera (240 units, Lake Wales, Florida), Bandera Ridge (216 units, Temple, Texas), and Merano (216 units, McKinney, Texas) in 2025 (newer filing, filed 2026-05-07)
- Mountain Creek construction details: $12.6 million incurred as of March 31, 2026 with additional $37.4 million expected to complete (newer filing, filed 2026-05-07)
- Removed:
- Reference to Form 10-K for year ended December 31, 2024 (older filing, filed 2025-11-06)
- Sale of 30 single family lots from Windmill Farms on December 13, 2024 for $1.4 million with gain of $1.1 million (older filing, filed 2025-11-06)
- Sale of 51 lots from Windmill Farms during nine months ended September 30, 2025 for $2.3 million with gain of $1.8 million (older filing, filed 2025-11-06)
- Bullet point stating 'risks associated with our dependence on key personnel whose continued service is not guaranteed' (older filing, filed 2025-11-06)
- Section header 'Acquisitions and Dispositions' replaced with 'Disposition Activities' (newer filing, filed 2026-05-07)
- Detailed financing activities from 2024 including cash management agreement amendment, Windmill Farms loan extension, New Concept Energy loan extension, Forest Grove loan replacement, and Mountain Creek construction loan (older filing, filed 2025-11-06)
- Reference to 'Acquisitions and Dispositions' section in note regarding Villas at Bon Secour sale (older filing, filed 2025-11-06)
- Detailed description of Windmill Farms as freshwater districts development project (older filing, filed 2025-11-06)
- Reworded:
- Bullet point changed from 'demand for apartments and commercial properties' to 'demand for multifamily and commercial properties in our markets' (newer filing, filed 2026-05-07)
- Phrase changed from 'for a specific development project' to 'for specific development projects' in Management Overview (newer filing, filed 2026-05-07)
- Removed 'and' before 'potential liability for uninsured losses' in risk factors list; older version had 'and' before this item (older filing, filed 2025-11-06)
- Notes:
- The newer filing (2026-05-07) covers period ending March 31, 2026 while older filing (2025-11-06) covers period ending September 30, 2025, resulting in expected operational updates
- Text in newer filing appears truncated at end of Development Activities section
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
Most recent open-market transaction: 2026-01-12. As of 2026-08-25.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ARL's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding ARL as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 126,212
- Reported value $1,949,969
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 0 increased, 3 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
ARL had 29,944 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
ARL had 0.19% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 1.69 days to cover at the same settlement.
- Reported short interest (shares) 29,944
- Short interest (% of shares outstanding) 0.19%
- Prior settlement (shares) 38,376
- Reported change -21.97%
- Days to cover (reported) 1.69
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Transcontinental Realty Investors (TCI)
- Income Opportunity Realty Investors (IOR)
- Equity Residential (EQR)
- AvalonBay Communities (AVB)
- Camden Property Trust (CPT)
- Mid-America Apartment Communities (MAA)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does AMERICAN REALTY INVESTORS INC (ARL) do?
American Realty Investors is a fully integrated, externally managed real estate company that owns and operates multifamily and commercial properties throughout the Southern United States. The company also invests in mortgage notes receivable and land held for appreciation or development. ARL owns approximately 78.4% of Transcontinental Realty Investors (TCI), which in turn owns approximately 84.6% of Income Opportunity Realty Investors (IOR), creating a nested structure of real estate holdings.
What sector is AMERICAN REALTY INVESTORS INC (ARL) in?
AMERICAN REALTY INVESTORS INC (ARL) is classified in the Real Estate sector. Its industry is Multifamily and commercial real estate investment and operations. It trades on NYSE.
Who are AMERICAN REALTY INVESTORS INC's (ARL) competitors?
Notable peers of AMERICAN REALTY INVESTORS INC (ARL) include Transcontinental Realty Investors, Income Opportunity Realty Investors, Equity Residential, AvalonBay Communities and Camden Property Trust. This peer set is informational only — not financial advice.
Is AMERICAN REALTY INVESTORS INC (ARL) overbought or oversold right now?
AMERICAN REALTY INVESTORS INC (ARL) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 46, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ARL come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-24.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.