NYSE:ACR

ACRES Commercial Realty (ACR) Stock Price, News & Analysis

$13.55
-0.05 (-0.37%)
(As of 05/10/2024 ET)
Today's Range
$13.51
$13.75
50-Day Range
$10.65
$14.27
52-Week Range
$6.62
$14.35
Volume
15,564 shs
Average Volume
16,881 shs
Market Capitalization
$107.86 million
P/E Ratio
19.36
Dividend Yield
N/A
Price Target
$15.50

ACRES Commercial Realty MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
14.4% Upside
$15.50 Price Target
Short Interest
Healthy
0.99% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.07mentions of ACRES Commercial Realty in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.73%
From $1.94 to $2.09 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.31 out of 5 stars

Finance Sector

626th out of 881 stocks

Real Estate Investment Trusts Industry

132nd out of 181 stocks

ACR stock logo

About ACRES Commercial Realty Stock (NYSE:ACR)

ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and equity investments in commercial real estate property in the United States. It invests in commercial real estate-related assets, including floating-rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine financing, preferred equity investments, and commercial mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Exantas Capital Corp. and changed its name to ACRES Commercial Realty Corp. in February 2021. ACRES Commercial Realty Corp. was incorporated in 2005 and is based in Uniondale, New York.

ACR Stock Price History

ACR Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Amazon buys 16 acres in Farmington
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/12/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
N/A
Employees
2,018
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$15.50
High Stock Price Target
$15.50
Low Stock Price Target
$15.50
Potential Upside/Downside
+14.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$22.39 million
Pretax Margin
27.67%

Debt

Sales & Book Value

Annual Sales
$91.13 million
Cash Flow
$5.44 per share
Book Value
$55.68 per share

Miscellaneous

Free Float
7,672,000
Market Cap
$107.86 million
Optionable
Optionable
Beta
1.99
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Key Executives

  • Mr. Mark Steven Fogel (Age 55)
    President, CEO & Director
  • Mr. Eldron C. Blackwell (Age 45)
    Senior VP, CFO & Treasurer
    Comp: $296.88k
  • Ms. Jaclyn Alyce Jesberger (Age 46)
    Chief Legal Officer, Senior VP & Secretary
    Comp: $217.63k
  • Mr. Kyle K. Brengel (Age 33)
    Vice President of Operations
  • Ms. Linda M. Kilpatrick (Age 51)
    VP, Chief Accounting Officer & Controller
  • Mr. Steven Landgraber
    Senior Vice President of Corporate Finance & Investor Relations Officer
  • Mr. Jeffrey Dean Blomstrom (Age 55)
    Senior Vice President
  • Mr. George Edward Carleton (Age 65)
    Executive Vice President of Resource America
  • Mr. Paul Andrew Hughson J.D. (Age 62)
    Executive VP of Commercial Real Estate Lending Business Division
  • Mr. George E. Carlton
    Head of CMBS Investing

ACR Stock Analysis - Frequently Asked Questions

Should I buy or sell ACRES Commercial Realty stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ACRES Commercial Realty in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ACR shares.
View ACR analyst ratings
or view top-rated stocks.

What is ACRES Commercial Realty's stock price target for 2024?

1 analysts have issued 1 year price objectives for ACRES Commercial Realty's stock. Their ACR share price targets range from $15.50 to $15.50. On average, they expect the company's stock price to reach $15.50 in the next year. This suggests a possible upside of 14.4% from the stock's current price.
View analysts price targets for ACR
or view top-rated stocks among Wall Street analysts.

How have ACR shares performed in 2024?

ACRES Commercial Realty's stock was trading at $9.62 at the beginning of the year. Since then, ACR stock has increased by 40.9% and is now trading at $13.55.
View the best growth stocks for 2024 here
.

Are investors shorting ACRES Commercial Realty?

ACRES Commercial Realty saw a increase in short interest in April. As of April 30th, there was short interest totaling 66,000 shares, an increase of 140.0% from the April 15th total of 27,500 shares. Based on an average daily trading volume, of 28,600 shares, the short-interest ratio is currently 2.3 days. Approximately 1.0% of the company's stock are sold short.
View ACRES Commercial Realty's Short Interest
.

When is ACRES Commercial Realty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our ACR earnings forecast
.

How were ACRES Commercial Realty's earnings last quarter?

ACRES Commercial Realty Corp. (NYSE:ACR) announced its quarterly earnings data on Wednesday, May, 1st. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by $0.25. The business had revenue of $18.77 million for the quarter, compared to analyst estimates of $13 million. ACRES Commercial Realty had a trailing twelve-month return on equity of 7.76% and a net margin of 28.51%. During the same period last year, the firm earned $0.42 EPS.

Who are ACRES Commercial Realty's major shareholders?

ACRES Commercial Realty's stock is owned by a variety of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (1.37%), Lindbrook Capital LLC (0.19%), Janney Montgomery Scott LLC (0.16%), &PARTNERS (0.13%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include David J Bryant, Eagle Point Credit Management and Jaclyn Jesberger.
View institutional ownership trends
.

How do I buy shares of ACRES Commercial Realty?

Shares of ACR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ACR) was last updated on 5/12/2024 by MarketBeat.com Staff

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