ARI vs NREF
ARI: A commercial mortgage REIT focused on originating senior loans and managing a portfolio of commercial real estate debt and distressed assets. NREF: A diversified mortgage REIT focused on originating and investing in cycle-resistant real estate debt across sectors like life sciences and multifamily.
Side-by-side fundamentals
| Metric | ARI | NREF | Edge |
|---|---|---|---|
| Price as of 2026-10-08 close | $6.24 | $15.58 | |
| Market cap | $800M | $294M | |
| P/E as of 2026-10-08 | 6.85 | 5.68 | NREF lower |
| Net margin FY2025, SEC XBRL | +46.7% | n/a | |
| ROE FY2025, SEC XBRL | +6.8% | +31.7% | NREF higher |
| ROA FY2025, SEC XBRL | +1.3% | +2.3% | NREF higher |
| Debt / equity as of 2026-09-03 | 4.50 | 5.68 | ARI lower |
| Revenue growth (YoY) as of 2026-09-03 | -4.8% | +45.1% | NREF higher |
| Revenue CAGR (3y) SEC XBRL | -3.7% | n/a | |
| Dividend yield as of 2026-09-03 | +15.6% | +12.3% | ARI higher |
| Dividend streak (yrs) SEC XBRL | 1 | 2 | NREF higher |
| Beta as of 2026-09-03 | 0.71 | 0.54 | |
| 1-year return as of 2026-10-08 close | -37.2% | +12.6% | NREF higher |
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.